Financial Reporting

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 Statements 2016
• Financial Statements 2017
• Financial Statements 2018

Financial calendar 2020

• 2th January: Interest payment for subordinated loans*
• January until 31th March: Direct sale of the Education Bond (ISIN: DE000A2TSCT2)
• End of April until July: Sale of the 3th tranch of the Education Bond by GLS Bank
  
• 30th June: Preparation of the Annual Financial Statements 2019
  
• 7th July: The Education bond about € 13.0 million is completely sold
• 19th August: Interest payment for the EducationBond
• 30th August: AGM as an online meeting (postponed due to Corus-19-virus from 28th June)

* 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