(10) Asset Write Down 
During the third quarter of 2000, the Company reduced the carrying value of certain assets in accordance with SFAS No.121. The asset
write-downs totaled $12.0 million, of which $11.2 million related to goodwill and other identifiable intangible assets associated with the
C o m p a n y ’s acquisition of Arkansas Systems, Inc. (“Euronet USA”) in December 1998. The remaining $800,000 write-down related to the
C o m p a n y ’s ATM hard w a re inventory acquired associated with the Company's acquisition of the SBK ATM network in Germany and the
Budapest Bank ATM network in Hungary. 
As a result of the Company’s inability to achieve operating improvements, including software license and service orders for Euronet USA’s
traditional core product (ITM) and cost reductions, the Software Solutions Segment continued operating at a loss through the first thr e e
q u a rters of 2000. The Company calculated the expected cash flows of the Company’s Software Solutions Segment, which identified an
i m p a i rment of its long-lived assets. Accord i n g l y, in the third quarter of 2000, the Company r e c o rded an impairment charge based on the
p resent value of expected cash flows of $11.2 million for the write-down of goodwill and other identifiable intangible assets re c o rded upon
the acquisition of Euronet USA. The Company considers the rapidly changing business environment surrounding electronic transaction
payment systems software to be a primary indicator of any potential impairment of goodwill and other identifiable intangible assets related to
the Company’s Software Solutions Segment. The Company is in the process of repositioning Euronet USA in the market thr o u g h
development and release of a new set of products that are independent of Euronet USA ’s traditional core product lines, including a new,
p l a t f o rm independent Java based transaction processing software package with wireless banking and messaging modules and a set of mobile
phone prepaid re c h a rge solutions. It has become apparent, based on market reaction to these new products, that these new products and
solutions rather than Euronet USA’s traditional ITM solution will be the primary source of software solutions revenues in the future. 
In order to determine the extent of the asset impairment and the related asset write-down, the Company estimated the discounted cash flows
of the Software Solutions Segment products and services in determining the fair value of the goodwill and related identifiable intangible
assets. The Company’s estimate was based on historical results which have shown r e c u rring operating losses since acquisition, curr e n t
p rojections, and internal earnings targets, net of applicable taxes. The Company’s discounted cash flow analysis indicated that the carry i n g
value of intangible assets related to Euronet USA should be reduced to zero as of September 30, 2000. The net book value of the intangible
assets prior to the write down was $11.2 million. 
The asset write-down is disclosed as a separate operating expense item in the Company’s Consolidated Statements of Operations and
C o m p rehensive Loss. 
The Company periodically reviews the re c o rded values of its long-lived assets to determine if future cash flows to be derived from these assets
will be sufficient to recover the remaining re c o rded asset values. A portion of the ATM hard w a re assets acquired with the Budapest Bank and
S e rvice Bank ATM network purchases were deemed technologically inferior relative to the Company’s standards. Specifically, these assets
w e re not technologically advanced to support the entire current and future set of transactions the Company typically offers to users of its
ATM network. As a result of this analysis, the Company re c o rded a non-cash charge of $800,000 related to a reduction in the carrying value
of ATM hard w a re, adjusting to its net realizable value. 
(11) Notes Payable