English Translation

44 Bm 12119 16 Deutsche Revisions- und Treuhand-Aktiengesellschaft, Berlin Blatt. 18. The development of these status values and the deviations from the bulky interim conclusion (see Appendix I) have been detailed in the annex. The differences in the balance of payments result from some changes in valuation and, moreover, from the fact that the obligations, partly also the assets, are not fully included in the Association's accounts, 3.9. The land and buildings we have used with their cost less an annual depreciation of 1% of the construction and construction ancillary costs in the statusa This assessment is also reasonable with regard to possible low resuscitation values, which could not be determined for all buildings, since a compensation in the state subsidies for the first 7 dwellings (performance of the annuity for the 2. "08 However, the value we have negated is only valid if the entire property of the association - with the exception of the building built in l938/39 - is regarded as one unit. The rent compensation between subsidized and non-subsidized buildings, which was carried out in order to avoid use under the Law, has made the non- subsidized buildings completely unprofitable, and the profitability of the subsidized houses per year.