25. Associates accounted for using the equity method
in € thousand |
31.12.2019 |
31.12.2018 |
||
|---|---|---|---|---|
Interests in joint ventures |
12,848 |
12,211 |
||
Interests in associates companies |
4,345 |
4,252 |
||
|
17,193 |
16,463 |
Interests in joint ventures comprise Hansaport Hafenbetriebsgesellschaft mit beschränkter Haftung, HHLA Frucht- und Kühl-Zentrum GmbH, Ulrich Stein Gesellschaft mit beschränkter Haftung, ARS-UNIKAI GmbH, Kombi-Transeuropa Terminal Hamburg GmbH and HVCC Hamburg Vessel Coordination Center GmbH. From the first quarter of 2019 onwards, Spherie UG (haftungsbeschränkt) was included in the HHLA Consolidated Financial Statements, with Hyperport Cargo Solutions GmbH i.G. included from the fourth quarter of 2019 onwards.
Interests in associated companies include the shares in CuxPort GmbH and the shares in DHU Gesellschaft Datenverarbeitung Hamburger Umschlagsbetriebe mbH.
The interests reported are higher than in the previous year, due largely to the earnings recorded in financial income for the various companies at equity less the dividends received, see Note 16.
For more information, please refer to Note 3.