text: **(26) Sale of Croatian Network**
  
  On November 19, 1999, the Company completed the sale of its Croatian ATM network to Raiffeisenbank Austria, d.d., a Croatian financial 
  institution (“RBA”), for consideration of $2.7 million. The carrying value of the Croatian assets was $2.0 million, resulting in a gain to the 
  Company of $657,000, re c o rded as an offset to operating costs. Subsequent to the sale of the network assets, the Company and RBA entere d 
  into an ATM services agreement whereby the Company will provide ATM management and other related services to RBA for an initial term 
  of 15 years. 
  
  **(27) Employee Benefit Plans**
  
  E u ronet has established a Profit Sharing and 401(k) plan for all employees who have completed six months of service and are not otherw i s e 
  c o v e red by a re t i rement benefit plan (national or private) outside of the US. Each plan participant can contribute up to the maximum 
  amount allowed by the Internal Revenue Service to the Plan through payroll deductions. Euro n e t ’s matching contribution to the plan is 
  d i s c re t i o n a ry and is determined each year by the Board of Directors. The employee’s vested percentage re g a rding the employer’s contribution 
  varies according to years of service. Euro n e t ’s contribution accrual to the Plan for the years ended December 31, 2000, 1999 and 1998 was 
  $213,000, $159,000 and $26,000 re s p e c t i v e l y. 