English Translation

According to the Government Decree Z.216/1940 Coll., pensions from accidents which occurred before 30 June 1921 were re-regulated according to the changed currency and price conditions. The Ministry of Transport's housing project was fully developed in 1940. By the end of the financial year, 14 houses with 169 housing units were built and another 30 houses were almost completed. As part of the project of the Fund for Social Welfare of the BMB, 2000 bicycles were purchased to help railway workers living further away from their place of employment to set aside their daily routes. To ensure sufficient resources for the work of the fund for social welfare, the minimum contributions were increased voluntarily to 2 K per month. In the year under review, the organisational measures served to further simplify the administration and to streamline the composition of responsibilities to increase the efficiency of the protectorate railways. The operations centre in the Ministry of Transport was transformed into a permanent body and directly subordinated to the General Director of the railways. In order to achieve uniform management and supervision of the operating service in the districts of the railway Directorates, high-level train lines and, among them, train lines have been established for certain local areas. The operating accounts shall include all the income arising from the operation of BMB, including the share of transport taxes left to the company and the total expenditure necessary for the management of the company, including depreciation of fixed assets and the amounts necessary to cover the late departures of the private railways in BMB's operations. The operating account closed with a loss of K 196.890.884.85. Profit and loss account. The operating loss of the company (including profits or losses of auxiliary and ancillary enterprises) amounted to K 196.s90.s84.85 and the cost of interest on investment debts K 119.671.899.30. In the case of profits, this item of interest and price gains in total exceeds K 11,309,389,65. Thus, there is a loss in the balance sheet of K 305.253,394,50, which is to be covered by the financial management. Balance sheet. The company's fixed assets (new value) increased by K 339,932,160.70 as a result of the acquisition of new values and amounted to K 20,539,055,913,40 on the balance sheets reference date. The value adjustment for railway installations at the end of the year is K 7,473,477,823,45. The difference between the two items gives the fair value of the installations at their balance sheet date. 8