(17) Social Fund

  Appropriations to and Withdrawal from Social Fund
for the Period from January 1, 2005 to December 31, 2005
   
  TSKK 2005 2004  
         
  Balance at January 1 7,591 1,744  
  Appropriations to the social fund: 17,655 11,621  
     from profit 10,508 5,000  
     expensed 7,147 6,621  
  Use of the social fund: 15,874 5,774  
     Recreations 319 468  
     Contributions to pensioners 1,882 1,609  
     Borrowings granted 13,006 2,846  
     Social aid 360 210  
     Other 307 641  
  Balance at December 31, 9,372 7,591  
         

According to the Social Fund Act, one part of appropriations must be expensed and another part of the social fund may be created from profit. The social fund is utilized in accordance with the Act on Social fund for social, medical, recreational, and similar employee needs.

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