Income Statement - HHLA Interim Statement January

Income Statement
in € thousand	1–9 \| 2018 Group	1–9 \| 2018 Port Logistics	1–9 \| 2018 Real Estate	1–9 \| 2018 Consolidation
Revenue	964,185	939,870	29,299	- 4,984
Changes in inventories	1,466	1,466	0	0
Own work capitalised	3,965	3,371	0	594
Other operating income	26,863	23,927	4,219	- 1,283
Cost of materials	- 275,162	- 269,931	- 5,707	476
Personnel expenses	- 355,456	- 353,756	- 1,700	0
Other operating expenses	- 124,705	- 119,819	- 10,083	5,197
Earnings before interest, taxes, depreciation and amortisation (EBITDA)	241,156	225,128	16,028	0
Depreciation and amortisation	- 85,015	- 81,554	- 3,724	263
Earnings before interest and taxes (EBIT)	156,141	143,574	12,304	263
Earnings from associates accounted for using the equity method	4,087	4,087	0	0
Interest income	1,583	1,667	40	- 124
Interest expenses	- 16,288	- 14,374	- 2,038	124
Other financial result	0	0	0	0
Financial result	- 10,618	- 8,620	- 1,998	0
Earnings before tax (EBT)	145,523	134,954	10,306	263
Income tax	- 36,675	- 33,651	- 2,958	- 66
Profit after tax	108,848	101,303	7,348	197
of which attributable to non-controlling interests	24,728	24,728	0
of which attributable to shareholders of the parent company	84,120	76,575	7,545
Earnings per share, basic and diluted, in €	1.16	1.09	2.79

Income Statement
in € thousand	1–9 \| 2017 Group	1–9 \| 2017 Port Logistics	1–9 \| 2017 Real Estate	1–9 \| 2017 Consolidation
Revenue	942,848	919,367	28,201	- 4,720
Changes in inventories	720	719	1	0
Own work capitalised	3,583	3,106	0	477
Other operating income	28,704	25,284	4,225	- 805
Cost of materials	- 277,141	- 272,040	- 5,540	439
Personnel expenses	- 337,924	- 336,236	- 1,688	0
Other operating expenses	- 115,452	- 110,980	- 9,081	4,609
Earnings before interest, taxes, depreciation and amortisation (EBITDA)	245,338	229,220	16,118	0
Depreciation and amortisation	- 90,182	- 86,671	- 3,756	245
Earnings before interest and taxes (EBIT)	155,156	142,549	12,362	245
Earnings from associates accounted for using the equity method	4,007	4,007	0	0
Interest income	3,458	3,566	30	- 138
Interest expenses	- 16,478	- 14,447	- 2,169	138
Other financial result	0	0	0	0
Financial result	- 9,013	- 6,874	- 2,139	0
Earnings before tax (EBT)	146,143	135,675	10,223	245
Income tax	- 37,638	- 34,310	- 3,268	- 60
Profit after tax	108,505	101,365	6,955	185
of which attributable to non-controlling interests	29,218	29,218	0
of which attributable to shareholders of the parent company	79,287	72,147	7,140
Earnings per share, basic and diluted, in €	1.09	1.03	2.64

Income Statement
in € thousand	7–9 \| 2018 Group	7–9 \| 2018 Port Logistics	7–9 \| 2018 Real Estate	7–9 \| 2018 Consolidation
Revenue	331,148	322,792	10,042	- 1,686
Changes in inventories	951	953	- 2	0
Own work capitalised	1,001	856	0	145
Other operating income	5,694	4,917	1,233	- 456
Cost of materials	- 96,443	- 94,696	- 1,902	155
Personnel expenses	- 117,867	- 117,298	- 569	0
Other operating expenses	- 41,054	- 39,245	- 3,651	1,842
Earnings before interest, taxes, depreciation and amortisation (EBITDA)	83,430	78,279	5,151	0
Depreciation and amortisation	- 27,232	- 26,069	- 1,242	79
Earnings before interest and taxes (EBIT)	56,198	52,210	3,909	79
Earnings from associates accounted for using the equity method	1,356	1,356	0	0
Interest income	550	571	20	- 41
Interest expenses	- 4,953	- 4,326	- 668	41
Other financial result	0	0	0	0
Financial result	- 3,047	- 2,399	- 648	0
Earnings before tax (EBT)	53,151	49,811	3,261	79
Income tax	- 13,106	- 12,253	- 833	- 20
Profit after tax	40,045	37,558	2,428	59
of which attributable to non-controlling interests	8,280	8,280	0
of which attributable to shareholders of the parent company	31,765	29,278	2,487
Earnings per share, basic and diluted, in €	0.44	0.41	0.92

Income Statement
in € thousand	7–9 \| 2017 Group	7–9 \| 2017 Port Logistics	7–9 \| 2017 Real Estate	7–9 \| 2017 Consolidation
Revenue	320,016	312,038	9,504	- 1,526
Changes in inventories	394	393	1	0
Own work capitalised	739	537	0	202
Other operating income	6,748	5,677	1,359	- 288
Cost of materials	- 92,534	- 90,803	- 2,108	377
Personnel expenses	- 110,420	- 109,841	- 579	0
Other operating expenses	- 38,124	- 36,786	- 2,573	1,235
Earnings before interest, taxes, depreciation and amortisation (EBITDA)	86,819	81,215	5,604	0
Depreciation and amortisation	- 30,479	- 29,314	- 1,245	80
Earnings before interest and taxes (EBIT)	56,340	51,901	4,359	80
Earnings from associates accounted for using the equity method	1,024	1,024	0	0
Interest income	737	771	10	- 44
Interest expenses	- 5,446	- 4,767	- 723	44
Other financial result	0	0	0	0
Financial result	- 3,685	- 2,972	- 713	0
Earnings before tax (EBT)	52,655	48,929	3,646	80
Income tax	- 14,481	- 13,329	- 1,133	- 19
Profit after tax	38,174	35,600	2,513	61
of which attributable to non-controlling interests	11,503	11,503	0
of which attributable to shareholders of the parent company	26,671	24,097	2,574
Earnings per share, basic and diluted, in €	0.37	0.34	0.95