English Translation

22 -23- The Prague municipality Gaswerk. has a net profit of K 1,368.847.77 of 534.590.44 for the year I94l, which is smaller than the year l940 and greater than the estimate for the 1,318.846.77 year 194l. However, the more favourable result on the revenue side is offset by the general increase in the government: by the increase in depreciation by more than. K 3,000.000.--, since the inventory was increased by K 33,000,000.-, also by the rise in the fees for the use of the public budget and for those of the L.S. Work carried out for the gas works on K 7,00,000.--, at last the departure of the pension fund of the staff in the amount of K 1,760.768.-, which arose from the fact that according to the law had to be granted to retirees the inflation - was replaced. The flat-rate remuneration of the municipality of Prague for public lighting and its direction is lower than the estimate by K 1,500,000.--. The reported profit is not paid to the municipality, but is used as follows: