Audited

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 2017	70,048	2,705	141,078	506	469,672	- 70,041	405	- 80,248	25,813	11,633	571,570	30,790	602,359
Adjustment due to first-time adoption of IFRS 9					68						68	34	102
Balance as of 1 January 2018	70,048	2,705	141,078	506	469,740	- 70,041	405	- 80,248	25,813	11,633	571,638	30,823	602,461
Dividends					- 52,342						- 52,342	- 283	- 52,625
Settlement obligation to shareholders with non-controlling interests											0	- 32,645	- 32,645
Acquisition of non-controlling interests in consolidated companies					- 17,311						- 17,311	- 32,597	-49,908
First-time consolidation of interests in related parties											0	- 342	-342
Total comprehensive income					112,281	1,617	33	11,523	- 3,688	- 114	121,653	26,247	147,900
Other changes					1	14					15	- 15	0
Balance as of 31 December 2018	70,048	2,705	141,078	506	512,369	- 68,410	438	- 68,725	22,125	11,519	623,653	- 8,812	614,841

Balance as of 31 December 2018	70,048	2,705	141,078	506	512,369	- 68,410	438	- 68,725	22,125	11,519	623,653	- 8,812	614,841
Adjustment due to first-time adoption of IFRS 16					- 54,249						- 54,249	- 4,251	- 58,500
Balance as of 1 January 2019	70,048	2,705	141,078	506	458,120	- 68,410	438	- 68,725	22,125	11,519	569,404	- 13,063	556,341
Dividends					- 61,719						- 61,719	- 1,005	- 62,723
Settlement obligation to shareholders with non-controlling interests											0	- 30,492	- 30,492
First-time consolidation of interests in related parties											0	973	973
Total comprehensive income					103,282	8,566		- 44,046	14,198	57	82,057	32,706	114,763
Balance as of 31 December 2019	70,048	2,705	141,078	506	499,683	- 59,844	438	- 112,771	36,323	11,576	589,742	- 10,880	578,862