Annual Report 2024

41. Other non-financial liabilities

Other non-current and current non-financial liabilities

in € thousand

 

31.12.2024

 

31.12.2023

Liabilities to employees

 

22,669

 

19,480

Tax liabilities

 

15,193

 

18,569

Advance payments received for orders

 

10,886

 

7,557

Employers’ liability insurance premiums

 

5,230

 

5,202

Social security payables

 

4,753

 

3,700

Government grants

 

3,312

 

0

Port workers’ welfare fund (Hafenfonds)

 

1,245

 

1,238

Other

 

8,377

 

6,285

 

 

71,665

 

62,031

Liabilities to employees include liabilities arising from accrued leave.

The year-on-year change in tax liabilities is essentially due to decreases in value added tax liabilities.

The public subsidies amounting to € 1,995 thousand (previous year: € 0 thousand) recognised for the first time in the reporting year have a remaining term of one to five years. All other non-financial liabilities have a remaining term of up to one year.

Value added
Production value – intermediate inputs (cost of materials, depreciation and amortisation, and other operating expenses); the value added generated is shared between the HHLA Group’s stakeholders, such as employees, shareholders, lenders and the local community.

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