text: **Q1 Q2 Q3 Q4**
  
  The operating expenses for the We s t e rn European Sub-segment totaled $18.9 million for the year 
  ended December 31, 2000 as compared to $16.5 million for the year ended December 31, 1999, an increase of 15%. The increase in operating 
  expenses is largely the result of an increase in the number of ATMs operated by the Company from 621 at December 31, 1999 to 787 at 
  December 31, 2000, and increased transaction volumes. 
  
  The operating expenses for the Other ATM Operations Sub-segment were $2.4 million for the year ended December 31, 2000 as compared to 
  $2.2 million for the year ended December 31, 1999, an increase of 9%. The operating expenses from this segment are the result of the acquisition 
  of the Dash network located in the United States in August 1999 and the unallocated costs associated with the Company's processing facilities. 