10. Pension provisions
The calculation of pension provisions as of 30 June 2019 was based on an interest rate of 0.70 % (31 December 2018: 1.60 %; 30 June 2018: 1.50 %). The calculation of the HHLA capital plan as of 30 June 2019 was based on an interest rate of 0.90 % (31 December 2018: 1.80 %; 30 June 2018: 1.70 %). Actuarial gains/losses changed as follows. These are recognised in equity without effect on profit and loss.
in € thousand |
2019 |
2018 |
||
Cumulative actuarial gains (+)/losses (-) as of 1 January |
- 68,783 |
- 80,303 |
||
Changes in the financial year due to a change in interest rates and experience-based adjustments |
- 51,040 |
1,899 |
||
Cumulative actuarial gains (+)/losses (-) as of 30 June |
- 119,823 |
- 78,404 |