English Translation

the facilities and the flat-rate expenses for operating outflows, interest and administrative expenses of the local railways operated by the protectorate railways, is reported for 1941 with 4 393,350 million K compared with 3580.096 million K in 1940. It has thus increased by 22.71% compared to 1940. This increase is mainly due to the company's greater operating performance. In addition, to a certain extent, it is also due to an increase in certain staff salaries and to price increases for different materials of railway operations. In particular, personal expenditures increased from 2 252,540 million K in 1940 to 2 805.124 million Kin 1941. The total cost of the project was 24.53%, from 1 327.556 million K to 1588.226 million K, i.e. 19.63%. In the case of actual expenditure, the depreciation of railway installations charged in the operating accounts is of particular importance: here, the exceptional depreciation of the facilities due to the war was borne by the hiring of extraordinary depreciation amounts. In 1941, the business account closed with an excess of 107,091 million K, while in 1940, an operating loss of 196,891 million k had to be reported. This improvement in the economic result also corresponds to the increase in revenue and expenditure compared to 1940, which accounted for 33,02% of earnings and only 22,71% of expenditure. As a result, Betriebs za hl, expressing the ratio of operating income to expenditure in hundreds of parts, improved from 105.82 in 1940 to 97.62 in 1941. Apart from the operating surplus of 107.091 million K, the profit and loss account in 1941 still had 12.418 million K of extraordinary income from interest and price gains. The resulting total of 119,509 million K was sufficient to cover the company's interest burden on the building debt, so that the accounts are balanced in themselves. This can be regarded as a considerable economic success, because the Böhmisch-Mährische Bahnen succeeded again for the first time after a long series of years of lack of funds to present a balanced annual accounts. In 1941 a total of 512,001 million K were spent on the construction and procurement of new plants (plant growth). This total cost was 158.520 million K or 44.84% higher than the corresponding amount of the previous year and was financed with 0.908 million K from own resources. 1.073 million K was financed from third-party construction grants and, moreover, from the proceeds of the Unification Bond. In the balance sheet, 464.311 million K were to be activated as access to the investment assets in 1941. Also for the renewal of the railway facilities and vehicles were spent with 157,824 million K 35.074 million K or 28.57% more than in 1940, although here the war requirements as well as in the investment activity often forced the throttling or hiring of plans and projects. The funds to cover the renewal expenses were taken from the depreciation account. The construction activities covered only buildings which are important for the war and which are necessary for the operation. By integrating the protectorate into the large German transport network and the traffic that is constantly increasing in the north-south direction, many route constructions were built to increase performance.