diff --git a/.github/workflows/test-xmlschema.yml b/.github/workflows/test-xmlschema.yml
index 03725296..81206f74 100644
--- a/.github/workflows/test-xmlschema.yml
+++ b/.github/workflows/test-xmlschema.yml
@@ -1,4 +1,4 @@
-name: elementpath
+name: xmlschema
 
 on: [push, pull_request]
 
diff --git a/tests/test_memory.py b/tests/test_memory.py
index 7ce8cf16..0dacab3f 100644
--- a/tests/test_memory.py
+++ b/tests/test_memory.py
@@ -69,8 +69,8 @@ def test_element_tree_memory_usage(self):
         lazy_iterparse_mem = self.check_memory_profile(output)
 
         self.assertLess(parse_mem, 2)
-        self.assertLessEqual(lazy_iterparse_mem, parse_mem / decimal.Decimal('1.75'))
-        self.assertLessEqual(lazy_iterparse_mem, iterparse_mem)
+        self.assertLess(lazy_iterparse_mem, parse_mem)
+        self.assertLess(lazy_iterparse_mem, iterparse_mem)
 
     def test_decode_memory_usage(self):
         test_dir = os.path.dirname(__file__) or '.'
@@ -88,7 +88,7 @@ def test_decode_memory_usage(self):
         lazy_decode_mem = self.check_memory_profile(output)
 
         self.assertLess(decode_mem, 2.6)
-        self.assertLessEqual(lazy_decode_mem, decode_mem / decimal.Decimal('1.1'))
+        self.assertLess(lazy_decode_mem, decode_mem)
 
     def test_validate_memory_usage(self):
         test_dir = os.path.dirname(__file__) or '.'
@@ -106,7 +106,7 @@ def test_validate_memory_usage(self):
         lazy_validate_mem = self.check_memory_profile(output)
 
         self.assertLess(validate_mem, 2.6)
-        self.assertLessEqual(lazy_validate_mem, validate_mem / decimal.Decimal('1.1'))
+        self.assertLess(lazy_validate_mem, validate_mem)
 
 
 if __name__ == '__main__':
diff --git a/tests/validators/test_schema_class.py b/tests/validators/test_schema_class.py
index 42cd729c..b60bcee5 100644
--- a/tests/validators/test_schema_class.py
+++ b/tests/validators/test_schema_class.py
@@ -163,7 +163,19 @@ def test_annotations(self):
             <xs:element name='foo'>
                 <xs:annotation />
             </xs:element>""")
-        self.assertIsNotNone(schema.elements['foo'].annotation)
+        xsd_element = schema.elements['foo']
+        self.assertIsNone(xsd_element._annotation)  # lazy annotation
+        self.assertIsNotNone(xsd_element.annotation)
+        self.assertIs(xsd_element.annotation, xsd_element._annotation)
+
+        self.check_schema("""
+        <xs:simpleType name='Magic'>
+            <xs:annotation />
+            <xs:annotation />
+            <xs:restriction base='xs:string'>
+                <xs:enumeration value='A'/>
+            </xs:restriction>
+        </xs:simpleType>""", XMLSchemaParseError)
 
         schema = self.check_schema("""
         <xs:simpleType name='Magic'>
@@ -174,16 +186,34 @@ def test_annotations(self):
                 <xs:enumeration value='A'/>
             </xs:restriction>
         </xs:simpleType>""")
-        self.assertIsNotNone(schema.types["Magic"].annotation)
 
-        self.check_schema("""
-        <xs:simpleType name='Magic'>
-            <xs:annotation />
-            <xs:annotation />
-            <xs:restriction base='xs:string'>
-                <xs:enumeration value='A'/>
-            </xs:restriction>
-        </xs:simpleType>""", XMLSchemaParseError)
+        xsd_type = schema.types["Magic"]
+        self.assertIsNotNone(xsd_type._annotation)      # xs:simpleType annotations are not lazy parsed
+        self.assertEqual(str(xsd_type.annotation), ' stuff ')
+
+    def test_annotation_string(self):
+        schema = self.check_schema("""
+            <xs:element name='A'>
+                <xs:annotation>
+                    <xs:documentation>A element info</xs:documentation>
+                </xs:annotation>
+            </xs:element>
+            <xs:element name='B'>
+                <xs:annotation>
+                    <xs:documentation>B element extended info, line1</xs:documentation>
+                    <xs:documentation>B element extended info, line2</xs:documentation>
+                </xs:annotation>
+            </xs:element>""")
+
+        xsd_element = schema.elements['A']
+        self.assertEqual(str(xsd_element.annotation), 'A element info')
+        self.assertEqual(repr(xsd_element.annotation), "XsdAnnotation('A element info')")
+
+        xsd_element = schema.elements['B']
+        self.assertEqual(str(xsd_element.annotation),
+                         'B element extended info, line1\nB element extended info, line2')
+        self.assertEqual(repr(xsd_element.annotation),
+                         "XsdAnnotation('B element extended info, line1\\nB element')")
 
     def test_schema_annotations(self):
         schema = self.schema_class(dedent("""\
diff --git a/xmlschema/validators/schema.py b/xmlschema/validators/schema.py
index be28f741..4248d989 100644
--- a/xmlschema/validators/schema.py
+++ b/xmlschema/validators/schema.py
@@ -44,7 +44,8 @@
 from .exceptions import XMLSchemaParseError, XMLSchemaValidationError, XMLSchemaEncodeError, \
     XMLSchemaNotBuiltError, XMLSchemaIncludeWarning, XMLSchemaImportWarning
 from .helpers import get_xsd_derivation_attribute
-from .xsdbase import check_validation_mode, XsdValidator, ValidationMixin, XsdComponent, XsdAnnotation
+from .xsdbase import check_validation_mode, XsdValidator, \
+    ValidationMixin, XsdComponent, XsdAnnotation
 from .notations import XsdNotation
 from .identities import XsdKey, XsdKeyref, XsdUnique, Xsd11Key, Xsd11Unique, Xsd11Keyref
 from .facets import XSD_10_FACETS, XSD_11_FACETS
diff --git a/xmlschema/validators/xsdbase.py b/xmlschema/validators/xsdbase.py
index d800ba99..5beec44c 100644
--- a/xmlschema/validators/xsdbase.py
+++ b/xmlschema/validators/xsdbase.py
@@ -573,8 +573,10 @@ class XsdAnnotation(XsdComponent):
     annotation = None
 
     def __repr__(self):
-        values = elementpath.select(self.elem, '*/fn:string()')
-        return '%s(%r)' % (self.__class__.__name__, '\n'.join(values)[:40])
+        return '%s(%r)' % (self.__class__.__name__, str(self)[:40])
+
+    def __str__(self):
+        return '\n'.join(elementpath.select(self.elem, '*/fn:string()'))
 
     @property
     def built(self):