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 2024

  • 2th January: Interest date for qualified subordinated loans*
  • Q2: Preparation of the Annual Report 2023
  • 19th August: End of 5th interest period for the CHANCEN Education Bond
* A few contracts of the initial phase of CHANCEN eG have another interest day.

 

Important to know

Further important information:

  • CHANCEN eG is registered in the Cooperative register Hamburg, Germany (no. 1139).
  • Local tax office is Hamburg-Hansa, Germany (no. 2246 / 711 / 03519).
  • 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.
  • The EducationCHANCEN Bond (ISIN DE000A2TSCT2) is listed on the Open Market of the Frankfurt Stock Exchange.

Key performance indicators

KPI / year 20222021 20202019201820172016
Balance sheet total (k€)
36,49028,86424,13015,8377,1764,057
2,021
Earnings from repayment (k€)
000000
0
Equity (only cooperative shares, k€, unlimited)
3,3442,9012,5402,4682,1031,901
1,313
Equity ratio9.9%7%6%9%18%39%59%
Equity ratio (incl. subordinated loans)43%37%28%43%50%75%90%
Financial costs (k€)8746927302951714771
Financial liabilities (incl. subordinated loans, k€)
31,12224,98222,58114,2425,8682,467
809
Number of members
1,8251,4401,057707435267
140
Number of persons in the repaying phase79434414853130
0
Number of students1,634 (with 1,722 contracts)1,32295961434619880
Operating costs (k€)
1,9771,5251,3951,111574384
100
Other earnings (k€)1,7151,0871,15259024330
Repayments (k€)72432511632600
Annual result (k€)163+40-110-192-492-212-117
Revenue (k€)
1,3011,169863627229187
54
Student loans (k€)
27,34020,88814,2549,1745,5422,860
820

* Figures preliminary

 

Contact

Investor Relations