Half-year Financial Report January – June 2023

Statement of changes in equity

Statement of changes in equity – HHLA Group

in € thousand

 

 

Parent company

 

Parent company interests

 

Non-controlling interests

 

Total equity

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income

 

 

 

 

 

 

 

 

Subscribed capital

 

Capital reserve

 

Retained earnings

 

Reserve for foreign currency translation

 

Cash flow hedges

 

Actuarial gains/losses

 

Deferred taxes on changes recognised directly in equity

 

Other

 

 

 

 

 

 

 

 

A division

 

S division

 

A division

 

S division

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of 31 December 2021

 

72,515

 

2,705

 

179,212

 

506

 

541,070

 

- 70,328

 

442

 

- 88,396

 

28,450

 

11,431

 

677,606

 

27,621

 

705,227

Dividends

 

 

 

 

 

 

 

 

 

- 60,066

 

 

 

 

 

 

 

 

 

 

 

- 60,066

 

- 601

 

- 60,667

Acquisition of non-controlling interests in consolidated companies

 

 

 

 

 

 

 

 

 

- 1,602

 

 

 

 

 

 

 

 

 

 

 

- 1,602

 

1,088

 

- 514

Total comprehensive income

 

 

 

 

 

 

 

 

 

43,901

 

- 362

 

93

 

119,096

 

- 38,039

 

- 30

 

124,659

 

17,377

 

142,036

Other changes

 

 

 

 

 

 

 

 

 

- 50

 

 

 

 

 

 

 

 

 

 

 

- 50

 

0

 

- 50

Balance as of 30 June 2022

 

72,515

 

2,705

 

179,212

 

506

 

523,253

 

- 70,690

 

535

 

30,700

 

- 9,589

 

11,401

 

740,547

 

45,485

 

786,032

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of 31 December 2022

 

72,515

 

2,705

 

179,212

 

506

 

566,462

 

- 78,560

 

178

 

64,864

 

- 20,921

 

11,518

 

798,479

 

74,835

 

873,313

Dividends

 

 

 

 

 

 

 

 

 

- 60,336

 

 

 

 

 

 

 

 

 

 

 

- 60,336

 

- 507

 

- 60,843

Disposal of interests in fully consolidated companies less costs of raising capital not recognized in profit or loss

 

 

 

 

 

- 598

 

 

 

43,271

 

 

 

 

 

- 447

 

144

 

 

 

42,371

 

1,600

 

43,970

Settlement rights to shareholders with non-controlling interests

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

0

 

951

 

951

Acquisition of non-controlling interests in consolidated companies

 

 

 

 

 

 

 

 

 

478

 

 

 

 

 

833

 

- 271

 

6

 

1,047

 

- 1,047

 

0

Capital increase of shares in related parties

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

0

 

980

 

980

First-time consolidation of interests in related parties

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

0

 

2,185

 

2,185

Total comprehensive income

 

 

 

 

 

 

 

 

 

8,166

 

566

 

64

 

1,973

 

- 679

 

70

 

10,160

 

10,057

 

20,217

Other changes

 

 

 

 

 

 

 

 

 

- 52

 

 

 

 

 

 

 

 

 

 

 

- 52

 

0

 

- 52

Balance as of 30 June 2023

 

72,515

 

2,705

 

178,614

 

506

 

557,989

 

- 77,994

 

242

 

67,223

 

- 21,727

 

11,594

 

791,668

 

89,054

 

880,722

Statement of changes in equity – HHLA Port Logistics subgroup (A division)

in € thousand; annex to the condensed notes

 

 

Parent company

 

Parent company interests

 

Non-controlling interests

 

Total equity

 

 

 

 

 

 

 

 

Other comprehensive income

 

 

 

 

 

 

 

 

Subscribed capital

 

Capital reserve

 

Retained earnings

 

Reserve for foreign currency translation

 

Cash flow hedges

 

Actuarial gains/losses

 

Deferred taxes on changes recognised directly in equity

 

Other

 

 

 

 

 

 

Balance as of 31 December 2021

 

72,515

 

179,212

 

485,302

 

- 70,328

 

442

 

- 87,896

 

28,288

 

11,431

 

618,966

 

27,621

 

646,587

Dividends

 

 

 

 

 

- 54,386

 

 

 

 

 

 

 

 

 

 

 

- 54,386

 

- 601

 

- 54,987

Acquisition of non-controlling interests in consolidated companies

 

 

 

 

 

- 1,602

 

 

 

 

 

 

 

 

 

 

 

- 1,602

 

1,088

 

- 514

Total comprehensive income

 

 

 

 

 

38,411

 

- 362

 

93

 

117,715

 

- 37,593

 

- 30

 

118,233

 

17,377

 

135,610

Other changes

 

 

 

 

 

- 50

 

 

 

 

 

 

 

 

 

 

 

- 50

 

0

 

- 50

Balance as of 30 June 2022

 

72,515

 

179,212

 

467,674

 

- 70,690

 

535

 

29,819

 

- 9,305

 

11,401

 

681,161

 

45,485

 

726,646

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of 31 December 2022

 

72,515

 

179,212

 

505,754

 

- 78,560

 

1,247

 

63,696

 

- 20,889

 

11,518

 

734,493

 

74,835

 

809,328

Dividends

 

 

 

 

 

- 54,386

 

 

 

 

 

 

 

 

 

 

 

- 54,386

 

- 507

 

- 54,893

Disposal of interests in fully consolidated companies less costs of raising capital not recognized in profit or loss

 

 

 

- 598

 

43,271

 

 

 

 

 

- 447

 

144

 

 

 

42,371

 

1,600

 

43,970

Settlement rights to shareholders with non-controlling interests

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

0

 

951

 

951

Acquisition of non-controlling interests in consolidated companies

 

 

 

 

 

478

 

 

 

 

 

833

 

- 271

 

6

 

1,047

 

- 1,047

 

0

Capital increase of shares in related parties

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

0

 

980

 

980

First-time consolidation of interests in related parties

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

0

 

2,185

 

2,185

Total comprehensive income

 

 

 

 

 

2,670

 

566

 

18

 

1,933

 

- 651

 

70

 

4,605

 

10,057

 

14,662

Other changes

 

 

 

 

 

- 52

 

 

 

 

 

 

 

 

 

 

 

- 52

 

0

 

- 52

Balance as of 30 June 2023

 

72,515

 

178,614

 

497,736

 

- 77,994

 

1,265

 

66,015

 

- 21,667

 

11,594

 

728,077

 

89,054

 

817,132

Statement of changes in equity – HHLA Real Estate subgroup (S division)

in € thousand; annex to the condensed notes

 

 

 

 

 

 

 

 

Other comprehensive income

 

Total equity

 

 

Subscribed capital

 

Capital reserve

 

Retained earnings

 

Cashflow-
Hedges

 

Actuarial gains/losses

 

Deferred taxes on changes recognised directly in equity

 

 

Balance as of 31 December 2021

 

2,705

 

506

 

63,647

 

0

 

- 500

 

161

 

66,520

Dividends

 

 

 

 

 

- 5,679

 

 

 

 

 

 

 

- 5,679

Total comprehensive income subgroup

 

 

 

 

 

5,349

 

 

 

1,382

 

- 446

 

6,285

Balance as of 30 June 2022

 

2,705

 

506

 

63,317

 

0

 

882

 

- 285

 

67,125

Plus income statement consolidation effect

 

 

 

 

 

141

 

 

 

 

 

 

 

141

Less balance sheet consolidation effect

 

 

 

 

 

- 7,879

 

 

 

 

 

 

 

- 7,879

Total effects of consolidation

 

 

 

 

 

- 7,739

 

 

 

 

 

 

 

- 7,739

Balance as of 30 June 2022

 

2,705

 

506

 

55,579

 

0

 

882

 

- 285

 

59,387

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of 31 December 2022

 

2,705

 

506

 

68,322

 

- 1,069

 

1,168

 

- 32

 

71,600

Dividends

 

 

 

 

 

- 5,950

 

 

 

 

 

 

 

- 5,950

Total comprehensive income subgroup

 

 

 

 

 

5,355

 

46

 

40

 

- 28

 

5,413

Balance as of 30 June 2023

 

2,705

 

506

 

67,727

 

- 1,023

 

1,208

 

- 60

 

71,064

Plus income statement consolidation effect

 

 

 

 

 

141

 

 

 

 

 

 

 

141

Less balance sheet consolidation effect

 

 

 

 

 

- 7,615

 

 

 

 

 

 

 

- 7,615

Total effects of consolidation

 

 

 

 

 

- 7,474

 

 

 

 

 

 

 

- 7,474

Balance as of 30 June 2023

 

2,705

 

506

 

60,254

 

- 1,023

 

1,208

 

- 60

 

63,590