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 2022

  • 3th January: Interest payment for qualified subordinated loans*
  • Q2: Preparation of the Annual Report 2021
  • 26th June: Annual General Meeting
  • 19th August: End of 3nd interest period for the CHANCEN EducationBond
* 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 Hamburg, Germany (no. 1139).
  • 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.
  • The EducationCHANCEN Bond (ISIN DE000A2TSCT2) is listed on the Open Market of the Frankfurt Stock Exchange.

Key performance indicators

KPI / year 2021 *20202019201820172016
Number of students1,32295961434619880
Student loans (k€)
roughly 21,00014,2549,1745,5422,860
820
Number of repaying persons ('repayer')14853130
0
Repayments (k€)11632600
Earnings from repayment (k€)
0000
0
Equity (only cooperative shares, k€)
2,5402,4682,1031,901
1,313
Equity ratio6%9%18%39%59%
Equity ratio (incl. subordinated loans)28%43%50%75%90%
Financial liabilities (incl. subordinated loans, k€)
22,58114,2425,8682,467
809
Balance sheet total (k€)
24,13015,8377,1764,057
2,021
Revenue (k€)
863627229187
54
Other earnings (k€)1,15259024330
Operating costs (k€)
1,3951,111574384
100
Financial costs (k€)7302951714771
Result of normal business (k€)-110-192-492-212-117
Number of members
1,4401,057707435267
140

* Figures preliminary

 

Contact

Dr. Annette Littmann

Investor Relations