Financial Reporting

Have a look to the key performance indicators of CHANCEN eG.

Financial statements of CHANCEN eG

The annual accounts are audited by the Genossenschaftsverband – Verband der Regionen (Association of  Cooperatives) on basis of the requirements for medium-sized limited companies. Afterwards, the financial statements must be adopted by the Supervisory Board as well as of the General Assembly.

Financial calendar

  • 2 January 2019: Payment day for interest of subordinated loans*
  • Until 30 June 2019: The Annual Report 2018 will be released
  • 4 May 2019, Saturday: General Assembly
* A few contracts of the initial phase of CHANCEN eG have another payment day.

 

Important to know

Further important information:

  • CHANCEN eG is registered in the Cooperative register Bochum, Germany (no. 262).
  • Local tax office is Witten, Germany (no. 348 / 5808 / 0289).
  • CHANCEN eG is a member of Genossenschaftsverband der Regionen e.V. (association of cooperatives), Düsseldorf, Germany.
  • The annual financial statements of CHANCEN eG are audited regularly by the auditing association of cooperatives.
  • The fiscal year corresponds to the calendar year.
  • A share is € 100. Additionally, there is not any other liability.

Key performance indicators

KPI / year 20172016
Number of students19880
Number of members
435
273
Student loans (k€)
2,860
820
Number of repaying persons ('repayer')
0
0
Equity (incl. subordinated loans, k€)
3,067
1,798
Equity ratio
76%
89%
Financial liabilities (k€)
973
208
Balance sheet total (k€)
4,057
2,021
Revenue (k€)
187
54
Earnings from repayment (k€)
0
0
Operating costs (k€)
384
100
Interest costs (k€)
42
4
Result of normal business (k€)-212-117

Contact

Dr. Annette Littmann

Investor Relations