English Translation

18 -15- From the quoted one could conclude a decrease of the electricity sales, but this is not the case. In the opposite, the income of the power plants for electrical energy increased by K 35,656,773.10, because the decrease has increased by 40.8 million KW. An increase in revenue of K 1.570,559.02 was also achieved for the steam, as compared to the previous year, the demand for steam also increased by 23.9 million kg. The expenditure of the power stations for the year 1941 is higher than the year 1940 by K 32,427,039.83, because by the salary regulation of the personnel expenses, but also the material expenses, at a larger production, as a result of the increase in the purchase price have an increase. It should also be borne in mind that the balance sheet of the power plant includes for the first time the waste incineration plant, which the electricity plants of 1 January 1994 also took over with the bonds on which they were liable, which are - half the paid liability interest is greater. On the other hand, the depreciation of investments, taking into account the depreciation already carried out by K 3,865,000.-- sunkén. Much more was spent on the pension fund of the electric trams, namely by K 4,200,000.-, the investment fund by K 850,000.- and the fund for social care by K 1,500.000.-. b/ The installation operation ends with a departure of K 126,990.53, while a profit of K 14,723.40 was reported for 1940. The result of 1941