Half-year Financial Report January – June 2024

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 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

 

0

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of 31 December 2023

 

72,515

 

2,705

 

178,616

 

506

 

529,693

 

- 79,380

 

183

 

51,585

 

- 16,742

 

12,278

 

751,958

 

55,344

 

807,302

Dividends

 

 

 

 

 

 

 

 

 

- 11,751

 

 

 

 

 

 

 

 

 

 

 

- 11,751

 

0

 

- 11,751

Acquisition of non-controlling interests in consolidated companies

 

 

 

 

 

 

 

 

 

359

 

 

 

 

 

 

 

 

 

 

 

359

 

- 484

 

- 125

Put option granted to non-controlling interests

 

 

 

 

 

 

 

 

 

- 23,003

 

 

 

 

 

 

 

 

 

 

 

- 23,003

 

0

 

- 23,003

First-time consolidation of interests in related parties

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

0

 

9,952

 

9,952

Total comprehensive income

 

 

 

 

 

 

 

 

 

13,204

 

- 721

 

- 17

 

14,175

 

- 4,618

 

110

 

22,132

 

10,407

 

32,539

Balance as of 30 June 2024

 

72,515

 

2,705

 

178,616

 

506

 

508,501

 

- 80,101

 

166

 

65,760

 

- 21,360

 

12,388

 

739,695

 

75,219

 

814,914

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 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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of 31 December 2023

 

72,515

 

178,616

 

463,645

 

- 79,380

 

1,170

 

50,690

 

- 16,772

 

12,278

 

682,762

 

55,344

 

738,106

Dividends

 

 

 

 

 

- 5,801

 

 

 

 

 

 

 

 

 

 

 

- 5,801

 

0

 

- 5,801

Acquisition of non-controlling interests in consolidated companies

 

 

 

 

 

359

 

 

 

 

 

 

 

 

 

 

 

359

 

- 484

 

- 125

Put option granted to non-controlling interests

 

 

 

 

 

- 23,003

 

 

 

 

 

 

 

 

 

 

 

- 23,003

 

0

 

- 23,003

First-time consolidation of interests in related parties

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

0

 

9,952

 

9,952

Total comprehensive income

 

 

 

 

 

8,850

 

- 721

 

- 74

 

14,022

 

- 4,550

 

110

 

17,636

 

10,407

 

28,043

Balance as of 30 June 2024

 

72,515

 

178,616

 

444,049

 

- 80,101

 

1,096

 

64,712

 

- 21,322

 

12,388

 

671,953

 

75,219

 

747,172

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 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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of 31 December 2023

 

2,705

 

506

 

73,398

 

- 987

 

895

 

30

 

76,547

Dividends

 

 

 

 

 

- 5,950

 

 

 

 

 

 

 

- 5,950

Total comprehensive income subgroup

 

 

 

 

 

4,213

 

56

 

153

 

- 68

 

4,355

Balance as of 30 June 2024

 

2,705

 

506

 

71,662

 

- 930

 

1,048

 

- 38

 

74,952

Plus income statement consolidation effect

 

 

 

 

 

141

 

 

 

 

 

 

 

141

Less balance sheet consolidation effect

 

 

 

 

 

- 7,350

 

 

 

 

 

 

 

- 7,350

Total effects of consolidation

 

 

 

 

 

- 7,209

 

 

 

 

 

 

 

- 7,209

Balance as of 30 June 2024

 

2,705

 

506

 

64,452

 

- 930

 

1,048

 

- 38

 

67,743