English Translation

16 - 8E transfer of 500.000.--lk., than by creating a reserve to ensure the subsequent renewal and addition of these assets. In view of the insufficient funding of the TRG, only a contribution of 200,000 Mk. (ii) the reserve fund has been set up by law and no further allocations have been made. The current pension fund contributes 224.548.03 Mk. By definition, the pension fund has to be allocated 5% of the last reported pension capital each year, i.e. 12,000.-- As this pension fund is intended to receive the retirement and incapacitated benefits, the funds made available so far are no longer sufficient in view of the ever-increasing number of support cases. It is necessary to provide at least a further 5% old-age allowance for social reasons alone; this is necessary above all with regard to the disproportionately low pensions from legal pensions, which means a further 12,000-total: 24,000.-Mk. 5._Fund reserves. The formation of an operating reserve, which is necessary after careful commercial considerations, cannot be made in the light of the company's current difficult financial situation. Therefore, no funds are available to cover current expenses, which are estimated by the financial plan, and the costs which could arise very easily, particularly in view of a change in tasks or augmentation of tasks.