English Translation

The value of stocks of material and inventory amounts to the end of K 407.175.991,65 and increased against 1939. The increase is partly due to the increase in stocks and partly to price increases. The operating capital accounts for: cash balances 106.278.966,85 K, deposits with the cash institutionū 4.736.317,6 K, claims from deduction of shipments with foreign railways 19.19.2.650,60 K. for other short-term claims 207.,352.136.60 K. The previous assets, delimiting the business result of the business year, amount to 116.209.928,50 K. Prūprumní items indicating the foreign values stored in the corporate cash registers are 15.479.643,27 K. They are reported in the same form on both sides of the balance sheet. As a liability item, the equity of an undertaking, which is a difference of all assets and liabilities of 10.227.897.808.05 K. Out of borrowings of a total amount of 3.258.287.320.75 K, is the mortgage lending of nationalised local railways 103.319.95,95 K, to a paused interim deposit of the protectorate administration from the obligations of the former. The Czech-Slovak State Railways 2.919.891.800, K for the deposit of the Protectorate Financial Administration on investment in 1939 53.143.916, K, 1940 181.931.648,80 K. From this, the amounts of mortgage loans from state-owned railways and the flat-rate interim contribution of the protectorate administration with partial pain against last year fell. Short-term liabilities account for deductions from transports 217.610.457,15 K, debt at the Social Welfare Institute 21.73.9.199,47 K and other short-term debts 549.999.879,83 K, of which the debt from the bank's contractual relationship with the financial administration 66.169.960.75 K. Foreign value in cash (vadia, bail, guarantee balances and foreign cash found) is 55.327.944,75 K Previous liabilities bordering the business result in the business year are 3.938.866,30 K. * Cancellation of customs borders and involvement in the transport railway system Great-German was a prime prerequisite for successful development of the Protectorate Railways in 1940. The company's performances continued to rise and reached an unprecedented amount here. Another consolidation of the position of Protectorate Railways and the large German railway network is expected to improve financial results.In Prague on 10 July 1942, Minister of Transport and Technology and Director General of Railways: Dr. Kamenický.