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condensed group notes I hapag-lloyd interim group report 9M · 2012
Selected notes to the consolidated income statement
Revenue was primarily generated from the rendering of transport services. The increase in revenue
compared with the prior year period was primarily attributable to a larger transport volume, a higher
average freight rate and positive exchange rate effects.
The revenue includes proportional income from unfinished voyages as at the reporting date.
Transport expenses mainly comprise fuel costs, expenditure for port, terminal and container transport
services, chartering, leases and container rental expenses, maintenance and repair costs, and charges
for other services. Expenses were up on the prior year period due to rising costs associated with inflation,
energy prices and higher volumes. The trend in the US dollar-euro exchange rate and, in particular,
higher fuel costs arising from an increase in bunker prices also played a role.
The interest result essentially comprises interest expenses for bank loans and bonds.
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