English Translation

toráta, to which restful and provisional salaries were pointed out by the Slovak Railway Administration.The ČMD Administration for adaptation to expensive conditions in Pro-tectorate compensation allowance. A significant measure was prepared, according to which ČMD's business employees should be included in accounting for their military service into the pension base based on equalisation of employees pragmatical. Based on the ruling regulation No. 216/1940 Coll., pensions from accidents occurred before 30 June 1921 with a reasonably changed monetary and price conditions. The construction housing event of the Ministry of Transport was fully developed in 1940. By the end of 1940 14 houses were built by 169 apartments and another 30 houses were almost completed. As part of the ČMD Social Welfare Fund's lending event, 2o0o bicycles were purchased to facilitate railway staff travel to and from the service at a greater distance. In order to provide sufficient funds for the Social Welfare fund, voluntary minimum contributions to K2 were increased per month. During the organisation measures, further simplification of the administration and concentration of the power to improve the performance of Pro-Tectorate Railways was monitored in the administrative year. The operational headquarters of the Ministry of Transport was transformed into a separate department and directly subordinate to the Director-General of Railways. In order to be achieved also in the districts of the Directorate of Single Management and Supervision for the carriage services, main train administrations were set up at the Railway Directorate and for the specially designated districts of local train administrations. On the 1940 financial statements it would be noted: Operating account. The operating account contains all of the operations of ČMD resulting mining, including the retained transport tax and the total costs necessary for running the operation; also depreciation from the registered value is added to this, as well as the necessary amounts to cover the cut-off deficits of private lines in ČMD operation. The operation account ended with loss of K 196.890.884,85. The operating deficit of the company (including profit or loss of ancillary and higher plants) was K 196.890.884,85 and the cost of interest on investment debts K 119.671.899.30. Profits from financial operations of interest and exchange differences are customs duties 11.309.389,65 K. This ended the operating account of the balance sheet loss K 305.253.394.50, which is paid by the financial administration. Balance. The company's registered value increased by an increase of 339.932.160,70 K and on the balance sheet day is 20.539.505.913,40 K. The value adjustment on railway equipment is at the end of 7.473.472.823.45 K. Both items show the time value of the equipment. The participation in foreign companies reported by the amount of 12.019.000 K is lower than the previous year by K 133.400. The participation of the local railway in the Luže valley, which has passed on to the Hungarian state railroad, was lost. 23