Notes on the reporting
A share purchase and transfer agreement for Eurobridge Intermodal Terminal LLC, Svoboda, Ukraine, was signed on 29 April 2025. The transaction was completed on 5 September 2025 (date of acquisition). The company was included in HHLA’s group of consolidated companies as a fully consolidated subsidiary in the third quarter of 2025. It has been assigned to the Intermodal segment. For more information, please refer to Acquisitions, disposals and other changes to the consolidated group.
With the share purchase and transfer agreement dated 27 November 2025, METRANS a.s., Prague, Czech Republic, acquired 100 % of the shares in Eurotrans spółka z ograniczoną odpowiedzialnością, based in Małaszewicze Duże, Poland. The transaction was completed on 27 November 2025 (date of acquisition). The company was included in HHLA’s group of consolidated companies as a fully consolidated subsidiary in the fourth quarter of 2025. It has been assigned to the Intermodal segment. For more information, please refer to Acquisitions, disposals and other changes to the consolidated group.
On 28 December 2020, HHLA concluded two agreements related to space leased by HHLA from HPA in the O’Swaldkai terminal. Due to the expiration of the original lease at the end of the second quarter, it was agreed in June 2025 to extend the lease until 2049 with a corresponding adjustment to the present value of the lease payments for the duration of the amended lease. These effects are detailed in the balance sheet analysis.
As of the balance sheet date, the parent company above the Group is HGV.
Due to the high level of flexibility required in the sector, handling and transport services are not generally ordered or guaranteed months in advance. Consequently, order backlogs and order trends do not serve as reporting indicators as they do in other industries.
The 2025 consolidated financial statements were prepared in accordance with the International Financial Reporting Standards (IFRS) applicable in the European Union, taking the interpretations of the International Financial Reporting Interpretations Committee (IFRIC) into consideration. The Group Management Report was prepared in line with the requirements of the German Accounting Standards no. 20 (GAS 20).