Cash Flow Statement

Cash Flow Statement HHLA Subgroups

in € thousand; Port Logistics Subgroup and Real Estate Subgroup; annex to the condensed notes

 

1–6 | 2018
Group

 

1–6 | 2018
Port Logistics

 

1–6 | 2018
Real Estate

 

1–6 | 2018
Consolidation

1. Cash flow from operating activities

 

 

 

 

 

 

 

 

Earnings before interest and taxes (EBIT)

 

99,943

 

91,364

 

8,395

 

184

Depreciation, amortisation, impairment and reversals on non-financial non-current assets

 

57,783

 

55,485

 

2,482

 

- 184

Increase (+), decrease (-) in provisions

 

- 2,350

 

- 2,127

 

- 223

 

 

Gains (-), losses (+) from the disposal of non-current assets

 

- 3,350

 

- 3,349

 

- 1

 

 

Increase (-), decrease (+) in inventories, trade receivables and other assets not attributable to investing or financing activities

 

- 38,422

 

- 37,973

 

- 630

 

181

Increase (+), decrease (-) in trade payables and other liabilities not attributable to investing or financing activities

 

13,509

 

11,874

 

1,816

 

- 181

Interest received

 

907

 

970

 

20

 

- 83

Interest paid

 

- 6,268

 

- 4,478

 

- 1,873

 

83

Income tax paid

 

- 24,805

 

- 23,315

 

- 1,490

 

 

Exchange rate and other effects

 

- 1,034

 

- 1,034

 

0

 

 

Cash flow from operating activities

 

95,913

 

87,417

 

8,496

 

0

 

 

 

 

 

 

 

 

 

2. Cash flow from investing activities

 

 

 

 

 

 

 

 

Proceeds from disposal of intangible assets, property, plant and equipment and investment property

 

4,169

 

4,168

 

1

 

 

Payments for investments in property, plant and equipment and investment property

 

- 30,334

 

- 24,377

 

- 5,957

 

 

Payments for investments in intangible assets

 

- 6,430

 

- 6,430

 

0

 

 

Payments for the acquisition of interests in consolidated companies and other business units

 

- 72,236

 

- 72,236

 

0

 

 

Proceeds (+), payments (-) for short-term deposits

 

20,000

 

20,000

 

0

 

 

Cash flow from investing activities

 

- 84,831

 

- 78,875

 

- 5,956

 

0

 

 

 

 

 

 

 

 

 

3. Cash flow from financing activities

 

 

 

 

 

 

 

 

Payments for equity repatriation

 

- 342

 

- 342

 

0

 

 

Payments for increasing interests in fully consolidated companies

 

- 51,845

 

- 51,845

 

0

 

 

Dividends paid to shareholders of the parent company

 

- 52,342

 

- 46,933

 

- 5,409

 

 

Dividends/settlement obligation paid to non-controlling interests

 

- 30,901

 

- 30,901

 

0

 

 

Redemption of lease liabilities

 

- 2,058

 

- 2,058

 

0

 

 

Proceeds from the issuance of bonds and (financial) loans

 

11,077

 

11,077

 

0

 

 

Payments for the redemption of (financial) loans

 

- 13,675

 

- 11,712

 

- 1,963

 

 

Cash flow from financing activities

 

- 140,086

 

- 132,714

 

- 7,372

 

0

 

 

 

 

 

 

 

 

 

4. Financial funds at the end of the period

 

 

 

 

 

 

 

 

Change in financial funds (subtotals 1.–3.)

 

- 129,004

 

- 124,172

 

- 4,832

 

0

Change in financial funds due to exchange rates

 

890

 

890

 

0

 

 

Financial funds at the beginning of the period

 

255,514

 

244,631

 

10,883

 

 

Financial funds at the end of the period

 

127,400

 

121,349

 

6,051

 

0

Cash Flow Statement HHLA Subgroups

in € thousand; Port Logistics Subgroup and Real Estate Subgroup; annex to the condensed notes

 

1–6 | 2017
Group

 

1–6 | 2017
Port Logistics

 

1–6 | 2017
Real Estate

 

1–6 | 2017
Consolidation

1. Cash flow from operating activities

 

 

 

 

 

 

 

 

Earnings before interest and taxes (EBIT)

 

98,816

 

90,648

 

8,003

 

165

Depreciation, amortisation, impairment and reversals on non-financial non-current assets

 

59,703

 

57,357

 

2,511

 

- 165

Increase (+), decrease (-) in provisions

 

- 10,391

 

- 10,301

 

- 90

 

 

Gains (-), losses (+) from the disposal of non-current assets

 

110

 

117

 

- 7

 

 

Increase (-), decrease (+) in inventories, trade receivables and other assets not attributable to investing or financing activities

 

12,863

 

13,558

 

257

 

- 952

Increase (+), decrease (-) in trade payables and other liabilities not attributable to investing or financing activities

 

24,250

 

20,565

 

2,733

 

952

Interest received

 

1,070

 

1,144

 

20

 

- 94

Interest paid

 

- 7,200

 

- 5,336

 

- 1,958

 

94

Income tax paid

 

- 30,105

 

- 27,530

 

- 2,575

 

 

Exchange rate and other effects

 

- 1,028

 

- 1,028

 

0

 

 

Cash flow from operating activities

 

148,088

 

139,194

 

8,894

 

0

 

 

 

 

 

 

 

 

 

2. Cash flow from investing activities

 

 

 

 

 

 

 

 

Proceeds from disposal of intangible assets, property, plant and equipment and investment property

 

364

 

351

 

13

 

 

Payments for investments in property, plant and equipment and investment property

 

- 63,209

 

- 60,990

 

- 2,219

 

 

Payments for investments in intangible assets

 

- 2,256

 

- 2,256

 

0

 

 

Payments for the acquisition of interests in consolidated companies and other business units

 

0

 

0

 

0

 

 

Proceeds (+), payments (-) for short-term deposits

 

8,795

 

8,795

 

0

 

 

Cash flow from investing activities

 

- 56,306

 

- 54,100

 

- 2,206

 

0

 

 

 

 

 

 

 

 

 

3. Cash flow from financing activities

 

 

 

 

 

 

 

 

Payments for equity repatriation

 

0

 

0

 

0

 

 

Payments for increasing interests in fully consolidated companies

 

0

 

0

 

0

 

 

Dividends paid to shareholders of the parent company

 

- 46,738

 

- 41,329

 

- 5,409

 

 

Dividends/settlement obligation paid to non-controlling interests

 

- 22,602

 

- 22,602

 

0

 

 

Redemption of lease liabilities

 

- 3,429

 

- 3,429

 

0

 

 

Proceeds from the issuance of bonds and (financial) loans

 

0

 

0

 

0

 

 

Payments for the redemption of (financial) loans

 

- 20,802

 

- 18,749

 

- 2,053

 

 

Cash flow from financing activities

 

- 93,571

 

- 86,109

 

- 7,462

 

0

 

 

 

 

 

 

 

 

 

4. Financial funds at the end of the period

 

 

 

 

 

 

 

 

Change in financial funds (subtotals 1.–3.)

 

- 1,789

 

- 1,015

 

- 774

 

0

Change in financial funds due to exchange rates

 

- 526

 

- 526

 

0

 

 

Financial funds at the beginning of the period

 

232,397

 

222,537

 

9,860

 

 

Financial funds at the end of the period

 

230,082

 

220,996

 

9,086

 

0