9. Pension provisions

Provisions for pensions include pension obligations and liabilities from working lifetime accounts.

The calculation of pension obligations as of 30 June 2022 was based on an discount rate of 3.20 % (31 December 2021: 0.80 %; 30 June 2021: 0.60 %). The calculation of pension obligations was also based on an discount rate of 3.30 % as stated in the HHLA capital plan as of 30 June 2022 (31 December 2021: 1.00 %; 30 June 2021: 0.70 %).

Following the change of external expert, a different interest structure curve was used as a basis as of the reporting date. In comparison with the interest structure curve used previously, the interest rates were 10 base points higher, which led to both a general reduction in the pension obligation as a result of the increase in the discount rate and a further reduction in the pension obligations in the amount of around € 6 million.

Actuarial gains/losses from provisions for pensions changed as follows. These are recognised in equity without effect on profit and loss.