text: The valuation allowance relates primarily to deferred tax assets established under SFAS No. 109 for loss carry f o rw a rds at December 31, 
  2000, 1999 and 1998 of $46.9 million, $45.0 million and $32.9 million, re s p e c t i v e l y. The tax operating loss carry f o rw a rds will expire 
  t h rough 2004 for EFT-Uslage d o.o., The tax operating loss carry f o rw a rds will expire through 2005 for Euronet Adminisztracios Szolgaltato 
  Kft., Euronet Banktechnikai Szolgaltato Kft.,Bankomat 24/Euronet Sp. z o.o., Euronet SRL, and 2007 for Euronet Services spol. sro. The 
  tax operating losses for Euronet Services Inc. and Euronet USA can be carried back two years and forw a rd twenty years. The tax operating 
  losses for Euronet Services Inc. and Euronet USA can be carried back two years and forw a rd twenty years. The tax operating losses for 
  E u ronet GmbH and Euronet Services Ltd. can be carried forw a rd indefinitely. 