text: As a percentage of network revenue, direct operating costs fell from 83% for the year ended December 31, 1999 to 66% for the year ended 
  December 31, 2000. On a per ATM basis the direct operating costs fell from $12,782 per ATM for the year ended December 31, 1999 to $9,807 
  per ATM for the year ended December 31, 2000, an improvement of 23%. On a per transaction basis the direct operating costs fell from $0.66 
  per transaction for the year ended December 31, 1999 to $0.46 per transaction for the year ended December 31, 2000, an improvement of 30%. 
  
  Segment salaries and benefits increased to $7.4 million for the year ended December 31, 2000 from $7.2 million for the year ended December 
  31, 1999, an increase of 3%. The increase in the year-on-year expenses reflect the continued expansion of the operations to We s t e rn Euro p e a n 
  markets with significantly higher labor costs than Central Europe as well as some increases in staff levels at the processing center re q u i red to 
  maintain quality service in line with the rising transaction volumes. As a percentage of Network Services Segment revenue, salaries and benefits 
  fell from 27% for the year ended December 31, 1999 to 20% for the year ended December 31, 2000. 