Notes on the Reporting

The Group’s financial position and performance in the reporting period was negatively impacted by one-off expenses incurred in connection with the planned restructuring of the Logistics segment. A reduction in the interest rate used to calculate pension obligations led to a significant increase in pension provisions and a corresponding decline in equity. In addition, HHLA continues to be affected by exchange rate-related changes.

There were no further effects that had a material impact on the HHLA Group’s revenue or earnings.

There is normally no long-term order backlog for handling and transport services, and thus no use is made of this particular reporting figure.