Income Statement - HHLA Interim Statement January

Income Statement
in € thousand	1–9 I 2016 Group	1–9 I 2016 Port Logistics	1–9 I 2016 Real Estate	1–9 I 2016 Consolidation
Revenue	870,984	847,469	27,980	- 4,465
Changes in inventories	1,743	1,743	0	0
Own work capitalised	4,640	4,408	0	232
Other operating income	44,339	40,868	4,242	- 771
Cost of materials	- 258,514	- 252,792	- 5,818	96
Personnel expenses	- 329,662	- 327,920	- 1,742	0
Other operating expenses	- 115,116	- 110,692	- 9,332	4,908
Earnings before interest, taxes, depreciation and amortisation (EBITDA)	218,414	203,084	15,330	0
Depreciation and amortisation	- 91,519	- 87,953	- 3,810	244
Earnings before interest and taxes (EBIT)	126,895	115,131	11,520	244
Earnings from associates accounted for using the equity method	3,740	3,740	0	0
Interest income	4,788	4,896	46	- 154
Interest expenses	- 24,128	- 21,990	- 2,292	154
Other financial result	- 10	- 10	0	0
Financial result	- 15,610	- 13,364	- 2,246	0
Earnings before tax (EBT)	111,285	101,767	9,274	244
Income tax	- 27,999	- 25,551	- 2,389	- 59
Profit after tax	83,286	76,216	6,885	185
of which attributable to non-controlling interests	22,375	22,375	0
of which attributable to shareholders of the parent company	60,911	53,841	7,070
Earnings per share, basic, in €	0.84	0.77	2.61
Earnings per share, diluted, in €	0.84	0.77	2.61

Income Statement
in € thousand	1–9 I 2015 Group	1–9 I 2015 Port Logistics	1–9 I 2015 Real Estate	1–9 I 2015 Consolidation
Revenue	868,902	845,634	27,483	- 4,215
Changes in inventories	382	383	- 1	0
Own work capitalised	7,519	7,297	0	222
Other operating income	27,535	23,166	5,019	- 650
Cost of materials	- 274,485	- 268,967	- 5,596	78
Personnel expenses	- 307,278	- 305,493	- 1,785	0
Other operating expenses	- 108,136	- 103,988	- 8,713	4,565
Earnings before interest, taxes, depreciation and amortisation (EBITDA)	214,439	198,032	16,407	0
Depreciation and amortisation	- 90,537	- 87,018	- 3,755	236
Earnings before interest and taxes (EBIT)	123,902	111,014	12,652	236
Earnings from associates accounted for using the equity method	3,250	3,250	0	0
Interest income	14,821	14,878	35	- 92
Interest expenses	- 40,914	- 37,436	- 3,570	92
Other financial result	944	944	0	0
Financial result	- 21,899	- 18,364	- 3,535	0
Earnings before tax (EBT)	102,003	92,650	9,117	236
Income tax	- 24,605	- 21,824	- 2,724	- 57
Profit after tax	77,398	70,826	6,393	179
of which attributable to non-controlling interests	21,508	21,508	0
of which attributable to shareholders of the parent company	55,890	49,318	6,572
Earnings per share, basic, in €	0.77	0.70	2.43
Earnings per share, diluted, in €	0.77	0.70	2.43

Income Statement
in € thousand	7–9 I 2016 Group	7–9 I 2016 Port Logistics	7–9 I 2016 Real Estate	7–9 I 2016 Consolidation
Revenue	297,505	289,674	9,255	- 1,424
Changes in inventories	892	892	0	0
Own work capitalised	1,123	1,086	0	37
Other operating income	28,198	27,075	1,360	- 237
Cost of materials	- 89,901	- 87,824	- 2,107	30
Personnel expenses	- 105,685	- 105,095	- 590	0
Other operating expenses	- 39,511	- 38,027	- 3,078	1,594
Earnings before interest, taxes, depreciation and amortisation (EBITDA)	92,621	87,781	4,840	0
Depreciation and amortisation	- 32,581	- 31,412	- 1,251	82
Earnings before interest and taxes (EBIT)	60,040	56,369	3,589	82
Earnings from associates accounted for using the equity method	1,157	1,157	0	0
Interest income	605	634	21	- 50
Interest expenses	- 6,999	- 6,306	- 743	50
Other financial result	0	0	0	0
Financial result	- 5,237	- 4,515	- 722	0
Earnings before tax (EBT)	54,803	51,854	2,867	82
Income tax	- 12,267	- 11,852	- 396	- 19
Profit after tax	42,536	40,002	2,471	63
of which attributable to non-controlling interests	7,431	7,431	0
of which attributable to shareholders of the parent company	35,105	32,571	2,534
Earnings per share, basic, in €	0.49	0.47	0.93
Earnings per share, diluted, in €	0.49	0.47	0.93

Income Statement
in € thousand	7–9 I 2015 Group	7–9 I 2015 Port Logistics	7–9 I 2015 Real Estate	7–9 I 2015 Consolidation
Revenue	283,761	275,829	9,450	- 1,518
Changes in inventories	1,086	1,088	- 2	0
Own work capitalised	2,292	2,227	0	65
Other operating income	8,938	7,073	2,092	- 227
Cost of materials	- 91,264	- 89,251	- 2,041	28
Personnel expenses	- 97,077	- 96,462	- 615	0
Other operating expenses	- 36,192	- 34,543	- 3,301	1,652
Earnings before interest, taxes, depreciation and amortisation (EBITDA)	71,544	65,961	5,583	0
Depreciation and amortisation	- 30,281	- 29,094	- 1,266	79
Earnings before interest and taxes (EBIT)	41,263	36,867	4,317	79
Earnings from associates accounted for using the equity method	649	649	0	0
Interest income	1,069	1,085	14	- 30
Interest expenses	- 7,937	- 6,784	- 1,183	30
Other financial result	0	0	0	0
Financial result	- 6,219	- 5,050	- 1,169	0
Earnings before tax (EBT)	35,044	31,817	3,148	79
Income tax	- 7,823	- 6,938	- 866	- 19
Profit after tax	27,221	24,879	2,282	60
of which attributable to non-controlling interests	8,809	8,809	0
of which attributable to shareholders of the parent company	18,412	16,070	2,342
Earnings per share, basic, in €	0.25	0.23	0.87
Earnings per share, diluted, in €	0.25	0.23	0.87