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Annual Report 2025

16. Financial result

Financial result

in € thousand

 

2025

 

2024

Earnings from associates accounted for using the equity method

 

7,482

 

6,980

Interest income from bank balances

 

4,002

 

3,239

Income from currency and interest rate hedging instruments measured at fair value

 

2,273

 

52

Interest income from non-affiliated companies and non-consolidated affiliated companies

 

1,704

 

2,274

Income from exchange rate differences

 

1,373

 

1,141

Income from the adjustment of settlement claims against / settlement obligations to shareholders with non-controlling interests

 

320

 

0

Interest portion of other provisions

 

7

 

94

Income from financial assets measured at fair value through profit or loss

 

0

 

1,245

Other

 

2,927

 

971

Interest income

 

12,606

 

9,016

Interest expenses on bank liabilities

 

24,790

 

15,069

Interest included in lease payments

 

20,631

 

19,454

Interest portion of pension provisions

 

12,366

 

12,389

Interest expenses to non-affiliated companies and non-consolidated affiliated companies

 

5,289

 

3,859

Interest portion of other provisions

 

3,421

 

5,070

Expenses from exchange rate differences

 

2,517

 

1,713

Expenses from financial assets measured at fair value

 

2,296

 

0

Expenses from the adjustment of settlement claims against / settlement obligations to shareholders with non-controlling interests

 

628

 

161

Expenses from currency and interest rate hedging instruments measured at fair value

 

353

 

868

Other

 

2,826

 

669

Interest expenses

 

75,117

 

59,252

Net interest income

 

- 62,511

 

- 50,236

Other financial result

 

0

 

0

 

 

- 55,030

 

- 43,256

Earnings from companies accounted for using the equity method relate to the pro rata annual earnings of the joint ventures and associates; see also Note 25.

For information on income from the adjustment of compensatory receivables/settlement obligations to shareholders with non-controlling interests, see Note 6.

For information on liabilities related to interest expenses associated with liabilities to banks, see Note 38.

For details of the interest component included in relation to the lease payments, please refer to Note 45.

For details of the interest component included in other provisions, see Note 37.

The expenses (previous year: income) from financial assets held at fair value arose from the measurement of purchased call options, see Note 26 and Note 30.

The expenses from the adjustment of compensatory receivables/settlement obligations to shareholders with non-controlling interests relate to the entitlement to a pro rata compensatory receivable in the event of a negative annual result, which is to be paid to the non-controlling shareholder of HHLA Container Terminal Tollerort GmbH, Hamburg (CTT).

Terminal
In maritime logistics, a terminal is a facility where freight transported by various modes of transport is handled.

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