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CONSOLIDATED STATEMENTS OF CASH FLOWS
€ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 6,323 $ 3,858
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain from assets disposal (28) (5)
Gain on bargain purchase of assets (124) (149)
Depreciation and amortization 2,220 1,863
Stock and option expenses 358 78
Deferred board fees 100 71
Deferred income tax benefit (130) (266)
Changes in operating assets and liabilities:    
Prepaid expenses 176 (143)
Other current assets (575) (66)
Deferred tax assets (99)  
Deposits and other assets   (431)
Accounts payable 461 (191)
Czech gaming tax accrual 1,214 577
Foreign income tax accrual 32 908
Accrued expenses and other liabilities 996 1,137
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 10,924 7,241
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (2,743) (944)
Payment for acquisition (957) (275)
Advance for acquisition (4,215)  
Proceeds from sale of assets 38 5
NET CASH USED IN INVESTING ACTIVITIES (7,877) (1,214)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Principal payments on Hotel Freizeit Auefeld's seller loans (115) (135)
Principal payments on bank loans (436) (296)
Capital leases repayment (22) (29)
NET CASH USED IN FINANCING ACTIVITIES (573) (460)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (280) (1,482)
NET INCREASE IN CASH AND CASH EQUIVALENTS 2,194 4,085
CASH AND CASH EQUIVALENTS:    
Beginning of period 10,674 6,589
End of period 12,868 10,674
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Cash paid during the period for interest 243 206
Cash paid during the period for foreign income taxes 2,653 737
SUPPLEMENTAL SCHEDULE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Deferred compensation to be paid in common stock 425 350
Assumption of Sparkasse Hann. Munden loans for Hotel Freizeit Auefeld   2,220
Hotel Kranichhöhe    
SUPPLEMENTAL SCHEDULE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Loan received in connection with acquisition $ 4,215  
Hotel Freizeit Auefeld    
SUPPLEMENTAL SCHEDULE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Loan received in connection with acquisition   2,455
Purchase price of acquisition   $ 4,950