Income statement

Income statement – HHLA subgroups
in € thousand; Port Logistics subgroup and Real Estate subgroup; annex to the condensed notes	1–6 \| 2023 Group	1–6 \| 2023 Port Logistics	1–6 \| 2023 Real Estate	1–6 \| 2023 Consolidation
Revenue	727,107	707,744	23,389	- 4,026
Changes in inventories	2,616	2,616	0	0
Own work capitalised	3,110	2,494	0	616
Other operating income	32,926	29,404	4,500	- 978
Cost of materials	- 248,910	- 244,347	- 4,919	356
Personnel expenses	- 279,675	- 278,433	- 1,242	0
Other operating expenses	- 98,196	- 94,876	- 7,352	4,032
Earnings before interest, taxes, depreciation and amortisation (EBITDA)	138,978	124,602	14,376	0
Depreciation and amortisation	- 88,604	- 84,068	- 4,724	188
Earnings before interest and taxes (EBIT)	50,374	40,534	9,651	188
Earnings from associates accounted for using the equity method	1,915	1,915	0	0
Interest income	2,904	2,713	203	- 12
Interest expenses	- 25,347	- 23,453	- 1,905	12
Financial result	- 20,528	- 18,825	- 1,703	0
Earnings before tax (EBT)	29,846	21,709	7,949	188
Income tax	- 11,666	- 9,025	- 2,594	- 47
Profit after tax	18,180	12,684	5,355	141
of which attributable to non-controlling interests	10,014	10,014	0
of which attributable to shareholders of the parent company	8,166	2,670	5,496
Earnings per share, basic and diluted, in €	0.11	0.04	2.03

Income statement – HHLA subgroups
in € thousand; Port Logistics subgroup and Real Estate subgroup; annex to the condensed notes	1–6 \| 2022 Group	1–6 \| 2022 Port Logistics	1–6 \| 2022 Real Estate	1–6 \| 2022 Consolidation
Revenue	779,534	761,904	21,537	- 3,907
Changes in inventories	2,621	2,621	0	0
Own work capitalised	2,191	1,637	0	554
Other operating income	23,626	21,098	3,532	- 1,004
Cost of materials	- 235,801	- 231,664	- 4,463	326
Personnel expenses	- 289,453	- 288,265	- 1,189	0
Other operating expenses	- 91,428	- 89,365	- 6,095	4,032
Earnings before interest, taxes, depreciation and amortisation (EBITDA)	191,290	177,967	13,322	0
Depreciation and amortisation	- 89,998	- 86,310	- 3,876	188
Earnings before interest and taxes (EBIT)	101,291	91,657	9,446	188
Earnings from associates accounted for using the equity method	2,017	2,017	0	0
Interest income	207	240	13	- 45
Interest expenses	- 17,637	- 16,085	- 1,597	45
Financial result	- 15,413	- 13,828	- 1,584	0
Earnings before tax (EBT)	85,879	77,829	7,862	188
Income tax	- 26,956	- 24,396	- 2,513	- 47
Profit after tax	58,923	53,433	5,349	141
of which attributable to non-controlling interests	15,022	15,022	0
of which attributable to shareholders of the parent company	43,901	38,411	5,490
Earnings per share, basic and diluted, in €	0.58	0.53	2.03

Income statement – HHLA subgroups
in € thousand; Port Logistics subgroup and Real Estate subgroup; annex to the condensed notes	4–6 \| 2023 Group	4–6 \| 2023 Port Logistics	4–6 \| 2023 Real Estate	4–6 \| 2023 Consolidation
Revenue	362,428	352,673	11,773	- 2,018
Changes in inventories	1,066	1,066	0	0
Own work capitalised	1,658	1,364	0	294
Other operating income	15,200	13,126	2,615	- 541
Cost of materials	- 120,407	- 118,273	- 2,323	189
Personnel expenses	- 136,653	- 135,967	- 686	0
Other operating expenses	- 51,548	- 49,956	- 3,668	2,076
Earnings before interest, taxes, depreciation and amortisation (EBITDA)	71,744	64,033	7,711	0
Depreciation and amortisation	- 44,282	- 41,957	- 2,406	81
Earnings before interest and taxes (EBIT)	27,462	22,076	5,304	81
Earnings from associates accounted for using the equity method	1,174	1,174	0	0
Interest income	821	714	113	- 6
Interest expenses	- 13,176	- 12,101	- 1,080	6
Financial result	- 11,180	- 10,213	- 967	0
Earnings before tax (EBT)	16,282	11,863	4,338	81
Income tax	- 5,735	- 4,366	- 1,349	- 20
Profit after tax	10,547	7,497	2,989	62
of which attributable to non-controlling interests	5,183	5,183	0
of which attributable to shareholders of the parent company	5,364	2,314	3,051
Earnings per share, basic and diluted, in €	0.07	0.04	1.13

Income statement – HHLA subgroups
in € thousand; Port Logistics subgroup and Real Estate subgroup; annex to the condensed notes	4–6 \| 2022 Group	4–6 \| 2022 Port Logistics	4–6 \| 2022 Real Estate	4–6 \| 2022 Consolidation
Revenue	393,331	384,417	10,846	- 1,932
Changes in inventories	2,020	2,020	0	0
Own work capitalised	1,097	831	0	266
Other operating income	11,223	9,753	1,910	- 440
Cost of materials	- 118,605	- 116,536	- 2,239	170
Personnel expenses	- 142,850	- 142,192	- 659	0
Other operating expenses	- 51,495	- 50,538	- 2,894	1,937
Earnings before interest, taxes, depreciation and amortisation (EBITDA)	94,721	87,756	6,964	0
Depreciation and amortisation	- 47,140	- 45,282	- 1,939	81
Earnings before interest and taxes (EBIT)	47,580	42,474	5,025	81
Earnings from associates accounted for using the equity method	1,377	1,377	0	0
Interest income	- 334	- 317	7	- 23
Interest expenses	- 8,888	- 8,117	- 794	23
Financial result	- 7,845	- 7,057	- 787	0
Earnings before tax (EBT)	39,736	35,417	4,238	81
Income tax	- 11,708	- 10,352	- 1,337	- 18
Profit after tax	28,028	25,064	2,901	63
of which attributable to non-controlling interests	6,973	6,973	0
of which attributable to shareholders of the parent company	21,055	18,091	2,964
Earnings per share, basic and diluted, in €	0.28	0.25	1.10

Half-year Financial Report January – June 2023