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Annual Report 2025

22. Intangible assets

Development of intangible assets

in € thousand

 

Goodwill

 

Software

 

Internally
developed software

 

Other
intangible assets

 

Payments
made on account

 

Total

Carrying amount as of 1 January 2024

 

83,571

 

17,091

 

37,585

 

30,975

 

13,078

 

182,300

Acquisition or production cost

 

 

 

 

 

 

 

 

 

 

 

 

1 January 2024

 

83,571

 

81,754

 

89,827

 

39,579

 

13,078

 

307,809

Additions

 

9,652

 

1,158

 

6,813

 

65

 

14,540

 

32,228

Disposals

 

 

 

- 118

 

 

 

 

 

- 3

 

- 121

Reclassifications

 

 

 

4,914

 

 

 

414

 

- 2,064

 

3,264

Changes in scope of consolidation/consolidation method

 

 

 

869

 

 

 

19,117

 

 

 

19,986

Effects of changes in exchange rates

 

 

 

- 80

 

 

 

- 30

 

- 5

 

- 115

31 December 2024

 

93,223

 

88,497

 

96,640

 

59,145

 

25,546

 

363,051

Accumulated depreciation, amortisation and impairment

 

 

 

 

 

 

 

 

 

 

 

 

1 January 2024

 

0

 

64,663

 

52,242

 

8,604

 

0

 

125,509

Additions

 

 

 

6,645

 

3,243

 

3,142

 

1,176

 

14,206

Disposals

 

 

 

- 118

 

 

 

 

 

 

 

- 118

Reclassifications

 

 

 

 

 

 

 

 

 

 

 

0

Changes in scope of consolidation/consolidation method

 

 

 

 

 

 

 

 

 

 

 

0

Effects of changes in exchange rates

 

 

 

- 74

 

 

 

5

 

 

 

- 69

31 December 2024

 

0

 

71,116

 

55,485

 

11,751

 

1,176

 

139,528

Carrying amount as of 31 December 2024

 

93,223

 

17,381

 

41,155

 

47,394

 

24,370

 

223,523

 

 

 

 

 

 

 

 

 

 

 

 

 

Carrying amount as of 1 January 2025

 

93,223

 

17,381

 

41,155

 

47,394

 

24,370

 

223,523

Acquisition or production cost

 

 

 

 

 

 

 

 

 

 

 

 

1 January 2025

 

93,223

 

88,497

 

96,640

 

59,145

 

25,546

 

363,051

Additions

 

475

 

272

 

12,171

 

12

 

13,179

 

26,109

Disposals

 

 

 

- 1,165

 

 

 

 

 

- 1,178

 

- 2,343

Reclassifications

 

 

 

- 292

 

5,784

 

4

 

- 5,515

 

- 19

Changes in scope of consolidation/consolidation method

 

 

 

23

 

483

 

755

 

 

 

1,261

Effects of changes in exchange rates

 

 

 

- 257

 

 

 

14

 

- 16

 

- 259

31 December 2025

 

93,698

 

87,078

 

115,078

 

59,930

 

32,016

 

387,800

Accumulated depreciation, amortisation and impairment

 

 

 

 

 

 

 

 

 

 

 

 

1 January 2025

 

0

 

71,116

 

55,485

 

11,751

 

1,176

 

139,528

Additions

 

 

 

3,487

 

4,519

 

3,911

 

 

 

11,917

Disposals

 

 

 

- 1,141

 

 

 

 

 

- 1,176

 

- 2,317

Reclassifications

 

 

 

- 343

 

304

 

 

 

 

 

- 39

Changes in scope of consolidations/consolidation method

 

 

 

 

 

 

 

 

 

 

 

0

Effects of changes in exchange rates

 

 

 

- 252

 

 

 

2

 

 

 

- 250

31 December 2025

 

0

 

72,867

 

60,308

 

15,664

 

0

 

148,839

Carrying amount as of 31 December 2025

 

93,698

 

14,211

 

54,770

 

44,266

 

32,016

 

238,961

Carrying amounts for goodwill by segments

in € thousand

 

31.12.2025

 

31.12.2024

Container

 

69,079

 

69,079

Intermodal

 

14,508

 

14,063

Logistics

 

10,111

 

10,081

 

 

93,698

 

93,223

The goodwill of the cash-generating units (CGUs) CTT/Rosshafen in the amount of € 35,525 thousand, the PLT/LG CGU in the amount of € 24,074 thousand, the HHLA TK Estonia CGU in the amount of € 7,587 thousand and the HCCR CGU in the amount of € 1,893 thousand is attributable to the Container segment.

The goodwill of the Roland CGU in the amount of € 9,652 thousand and of the METRANS CGU in the amount of € 4,856 thousand includes the goodwill arising in the reporting year from the acquisition of shares in Eurobridge Intermodal Terminal LLC, Svoboda, Ukraine, and Eurotrans spółka z ograniczoną odpowiedzialnością, Małaszewicze Duże, Poland, and is attributable to the Intermodal segment, see Note 3.

The goodwill of the iSAM CGU in the amount of € 6,458 thousand and the goodwill of the Survey Compass CGU in the amount of € 3,623 thousand is primarily attributable to the Logistics segment.

Additions of internally developed software and payments made on account in the reporting period mainly relate to the migration of new terminal management and administration software and an AGV management system.

The changes in the group of consolidated companies during the reporting year primarily relate to the subsidiary Third Element Aviation GmbH, Bielefeld, which was included in the consolidated financial statements for the first time, see Note 3.

No impairment losses on intangible assets were recognised in the reporting year (previous year: € 3,879 thousand).

The obligations arising from open orders for capital expenditure on intangible assets are reported under Note 46.

Automated guided vehicle (AGV)
A fully automatic, driverless transport vehicle which carries containers back and forth between the container gantry cranes on the quayside and the block storage yard at the HHLA Container Terminal Altenwerder.
Intermodal/Intermodal systems
Transportation via several modes of transport (water, rail, road) combining the specific advantages of the respective carriers.
Terminal
In maritime logistics, a terminal is a facility where freight transported by various modes of transport is handled.

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