EU R O N E TSE RV I C E SIN C. A N DSU B S I D I A R I E S
Consolidated Statements of Operations and Comprehensive Loss
Year Ended December 31,
2 0 0 0 1 9 9 9 1 9 9 8
(in thousands, except per share data)
R e v e n u e s :
ATM network and related re v e n u e $ 3 6 , 9 1 3. $ 2 6 , 5 03. $ 1 1 , 5 25.
S o f t w a re, maintenance and related re v e n u e 1 5 , 8 2 7. 1 4 , 9 69. 3 56.
Total re v e n u e s 5 2 , 7 4 0. 4 1 , 4 72. 1 1 , 8 81.
Operating expenses:
D i rect operating costs 2 4 , 9 8 8. 2 2 , 8 30. 1 0 , 0 36.
Salaries and benefits (note 18) 2 9 , 2 6 5. 2 4 , 4 77. 9 , 8 31.
Selling, general and administrative 1 1 , 5 3 1. 1 0 , 7 25. 8 , 6 50.
D e p reciation and amort i z a t i o n 1 0 , 3 8 4. 1 0 , 2 38. 4 , 9 55.
I n - p rocess re s e a rch and development write-off (note 4) — . — . 1 , 0 20.
Asset write down (note 10) 1 1 , 9 6 8. — . — .
Total operating expenses 8 8 , 1 3 6. 6 8 , 2 70. 3 4 , 4 92.
Operating loss ( 3 5 , 3 9 6 ) ( 2 6 , 7 9 8 ) ( 2 2 , 6 1 1 )
Other income/(expense):
I n t e rest income 1 , 0 8 9. 1 , 9 50. 2 , 5 14.
I n t e rest expense (note 11) ( 1 0 , 8 2 9 ) ( 1 0 , 8 9 9 ) ( 7 , 8 2 6 )
F o reign exchange loss, net (note 14) ( 3 , 2 2 7 ) ( 2 , 1 1 0 ) ( 1 , 9 1 1 )
( 1 2 , 9 6 7 ) ( 1 1 , 0 5 9 ) ( 7 , 2 2 3 )
Loss before income tax and extraord i n a ry item ( 4 8 , 3 6 3 ) ( 3 7 , 8 5 7 ) ( 2 9 , 8 3 4 )
Income tax (expense)/benefit (note 16) ( 1 , 1 8 8 ) 4 , 1 82. ( 1 , 4 3 0 )
Loss before extraord i n a ry item ( 4 9 , 5 5 1 ) ( 3 3 , 6 7 5 ) ( 3 1 , 2 6 4 )
E x t r a o rd i n a ry gain on early re t i rement of debt, net of applicable 
income taxes of $0 in 2000, $0 in 1999 and $1,488,000 in 1998 (note 11) — . 2 , 7 60. 2 , 8 89.
Net loss ( 4 9 , 5 5 1 ) ( 3 0 , 9 1 5 ) ( 2 8 , 3 7 5 )
Other comprehensive income:
Translation adjustment ( 2 4 7 ) ( 2 , 5 1 5 ) 65.
C o m p rehensive loss $ ( 4 9 , 7 9 8 ) $ ( 3 3 , 4 3 0 ) $ ( 2 8 , 3 1 0 )
Loss per share - basic and diluted (note 3(o)):
Loss before extraord i n a ry item $ ( 3 . 0 0 ) $ ( 2 . 2 1 ) $ ( 2 . 0 6 )
E x t r a o rd i n a ry gain — . 0 . 18. 0 . 19.
Net loss $ ( 3 . 0 0 ) $ ( 2 . 0 3 ) $ ( 1 . 8 7 )
Weighted average number of shares outstanding 1 6 , 4 9 9 , 6 9 9. 1 5 , 2 5 2 , 0 3 0. 1 5 , 1 8 0 , 6 5 1.
See accompanying notes to consolidated financial statements.
2 5
SYDNEY HARBOUR BRIDGE, Sydney
Since its opening in March 1932, the Sydney Harbour Bridge
has held a special place for immigrants upon their arrival to
Australia. This grand arch remains a distinctive landmark 
for what many consider to be the most beautiful harbour 
in the world.