Financial report
HERE’S WHAT THE NUMBERS TELL US
The accounting by the Swiss Youth Hostels complies with the Swiss GAAP FER professional recommendations and gives a true and fair view of assets, liabilities, financial position and profit or loss.
Organisational capital
No Data Found
* in thousands, in CHF
No Data Found
* in thousands, in CHF
Due to the COVID-19 pandemic, the Swiss Youth Hostels achieved an annual result in 2020 of CHF -5,417,357 (previous year CHF 28,157). The organisational capital was CHF -3,309,239 after offsetting.
Economic equity capital
2018 | 2019 | 2020 | |
|---|---|---|---|
Economic equity capital in CHF | 2,079,961 | 2,108,118 | 2,190,761 |
Organisational capital in CHF | 2,079,961 | 2,108,118 | -3,309,239 |
COVID-19 credit in CHF | 0 | 0 | 500,000 |
COVID-19 loans in CHF | 0 | 0 | 5,000,000 |
2019* | 2020* | |
|---|---|---|
Economic equity capital in CHF | 2,108,1 | 2,190,8 |
Organisational capital in CHF | 2,108,1 | -3,309,2 |
COVID-19 credit in CHF | 0,0 | 500,0 |
COVID-19 loans in CHF | 0,0 | 5,000,0 |
* in thousands
In 2020, the Swiss Youth Hostels received a COVID-19 credit in the amount of CHF 500,000 and a COVID-19 loan in the amount of CHF 5,000,000. Neither will be taken into account as outside capital for calculating the over-indebtedness according to Art. 725 Paragraph 2 of the Swiss Code of Obligations (OR). The economic equity capital as at 31 December 2020 was CHF 2,190,761.
No Data Found
No Data Found
* in thousands
No Data Found
No Data Found
* in thousands
Liquidity ratio III in %
Liquidity ratio III
in %
Due to the increase of long-term outside capital of CHF 9.4 million to CHF 20.6 million, the liquidity ratio III increased from 103% to 172%.
