(21) Supplemental Guarantor Financial Information

The Company's $200.0 million senior subordinated notes are guaranteed on a full and unconditional basis by all of the Company's domestic subsidiaries. The following information sets forth the condensed consolidating statements of operations and cash flows for the years ended December 31, 2011, 2010, and 2009, and the condensed consolidating balance sheets as of December 31, 2011 and 2010 of (1) Cardtronics, Inc., the parent company and issuer of the senior subordinated notes ("Parent"); (2) the Company's domestic subsidiaries on a combined basis (collectively, the "Guarantors"); and (3) the Company's international subsidiaries on a combined basis (collectively, the "Non-Guarantors"):

Condensed Consolidating Statements of Operations


	Year Ended December 31, 2011
	Parent			Guarantors			Non-Guarantors			Eliminations			Total
	(In thousands)
Revenues	$	—		$	505,716		$	123,248		$	(4,388	)	$	624,576
Operating costs and expenses		9,604			417,762			124,344			(4,409	)		547,301
Operating (loss) income		(9,604	)		87,954			(1,096	)		21			77,275
Interest (income) expense, net, including amortization of deferred financing costs and bond discounts		(940	)		18,084			3,965			—			21,109
Equity in (earnings) losses of subsidiaries		(47,421	)		7,572			—			39,849			—
Other (income) expense, net		(19,252	)		15,714			2,734			—			(804	)
Income (loss) before income taxes		58,009			46,584			(7,795	)		(39,828	)		56,970
Income tax benefit		(12,116	)		(1,060	)		—			—			(13,176	)
Net income (loss)		70,125			47,644			(7,795	)		(39,828	)		70,146
Net loss attributable to noncontrolling interests		—			—			—			(87	)		(87	)
Net income (loss) attributable to controlling interests and available to common stockholders	$	70,125		$	47,644		$	(7,795	)	$	(39,741	)	$	70,233


	Year Ended December 31, 2010
	Parent			Guarantors			Non-Guarantors			Eliminations			Total
	(In thousands)
Revenues	$	—		$	426,180		$	108,969		$	(3,071	)	$	532,078
Operating costs and expenses		6,329			354,236			108,342			(3,092	)		465,815
Operating (loss) income		(6,329	)		71,944			627			21			66,263
Interest expense, net, including amortization of deferred financing costs and bond discounts		5,473			18,125			5,060			—			28,658
Write-off of deferred financing costs and bond discounts		7,296			—			—			—			7,296
Redemption costs for early extinguishment of debt		7,193			—			—			—			7,193
Equity in (earnings) losses of subsidiaries		(30,014	)		6,734			—			23,280			—
Other (income) expense, net		(20,921	)		18,098			1,945			—			(878	)
Income (loss) before income taxes		24,644			28,987			(6,378	)		(23,259	)		23,994
Income tax benefit		(16,468	)		(671	)		—			—			(17,139	)
Net income (loss)		41,112			29,658			(6,378	)		(23,259	)		41,133
Net income attributable to noncontrolling interests		—			—			—			174			174
Net income (loss) attributable to controlling interests and available to common stockholders	$	41,112		$	29,658		$	(6,378	)	$	(23,433	)	$	40,959


	Year Ended December 31, 2009
	Parent			Guarantors			Non-Guarantors			Eliminations			Total
	(In thousands)
Revenues	$	—		$	404,076		$	91,419		$	(2,142	)	$	493,353
Operating costs and expenses		4,967			358,972			88,577			(2,163	)		450,353
Operating (loss) income		(4,967	)		45,104			2,842			21			43,000
Interest expense, net, including amortization of deferred financing costs and bond discounts		3,868			23,025			5,635			—			32,528
Equity in (earnings) losses of subsidiaries		(18,646	)		5,254			—			13,392			—
Other (income) expense, net		(93	)		(905	)		1,454			—			456
Income (loss) before income taxes		9,904			17,730			(4,247	)		(13,371	)		10,016
Income tax expense		4,154			91			—			—			4,245
Net income (loss)		5,750			17,639			(4,247	)		(13,371	)		5,771
Net income attributable to noncontrolling interests		—			—			—			494			494
Net income (loss) attributable to controlling interests and available to common stockholders	$	5,750		$	17,639		$	(4,247	)	$	(13,865	)	$	5,277

Condensed Consolidating Balance Sheets


	As of December 31, 2011
	Parent		Guarantors		Non-Guarantors			Eliminations			Total
	(In thousands)
Assets:
Cash and cash equivalents	$	1	$	4,721	$	854		$	—		$	5,576
Accounts and notes receivable, net		44,454		37,141		6,065			(46,793	)		40,867
Current portion of deferred tax asset, net		24,526		2,339		37			—			26,902
Other current assets		885		10,890		9,316			(6	)		21,085
Total current assets		69,866		55,091		16,272			(46,799	)		94,430
Property and equipment, net		—		124,892		66,551			(112	)		191,331
Intangible assets, net		5,546		98,649		7,408			—			111,603
Goodwill		—		255,465		16,097			—			271,562
Investments in and advances to subsidiaries		150,525		100,048		—			(250,573	)		—
Intercompany receivable (payable)		240,825		5,820		(9,796	)		(236,849	)		—
Deferred tax asset, net		20,278		1,933		890			—			23,101
Prepaid expenses, deferred costs, and other assets		—		18,184		2,590			—			20,774
Total assets	$	487,040	$	660,082	$	100,012		$	(534,333	)	$	712,801
Liabilities and Stockholders' Equity:
Current portion of long-term debt and notes payable	$	—	$	—	$	2,317		$	—		$	2,317
Current portion of other long-term liabilities		—		22,729		2,372			—			25,101
Accounts payable and accrued liabilities		7,895		126,865		23,319			(46,794	)		111,285
Current portion of deferred tax liability, net		—		—		927			—			927
Total current liabilities		7,895		149,594		28,935			(46,794	)		139,630
Long-term debt		366,000		27		2,605			—			368,632
Intercompany payable		—		269,331		20,389			(289,720	)		—
Deferred tax liability, net		—		—		—			—			—
Asset retirement obligations		—		18,095		16,422			—			34,517
Other long-term liabilities		—		55,969		908			—			56,877
Total liabilities		373,895		493,016		69,259			(336,514	)		599,656
Stockholders' equity		113,145		167,066		30,753			(197,819	)		113,145
Total liabilities and stockholders' equity	$	487,040	$	660,082	$	100,012		$	(534,333	)	$	712,801


	As of December 31, 2010
	Parent			Guarantors			Non-Guarantors			Eliminations			Total
	(In thousands)
Assets:
Cash and cash equivalents	$	81		$	2,219		$	889		$	—		$	3,189
Accounts and notes receivable, net		31,898			16,465			4,074			(32,167	)		20,270
Current portion of deferred tax asset, net		13,794			1,156			67			—			15,017
Other current assets		483			8,343			7,663			(6	)		16,483
Total current assets		46,256			28,183			12,693			(32,173	)		54,959
Property and equipment, net		—			94,972			61,626			(133	)		156,465
Intangible assets, net		5,849			61,970			6,980			—			74,799
Goodwill		—			150,461			14,097			—			164,558
Investments in and advances to subsidiaries		(7,221	)		—			—			7,221			—
Intercompany receivable (payable)		265,223			(2,180	)		(8,486	)		(254,557	)		—
Deferred tax asset, net		—			—			715			—			715
Prepaid expenses, deferred costs, and other assets		—			3,020			799			—			3,819
Total assets	$	310,107		$	336,426		$	88,424		$	(279,642	)	$	455,315
Liabilities and Stockholders' Equity:
Current portion of long-term debt and notes payable	$	—		$	—		$	3,076		$	—		$	3,076
Current portion of other long-term liabilities		—			20,944			3,549			—			24,493
Accounts payable and accrued liabilities		10,266			70,273			22,338			(32,167	)		70,710
Current portion of deferred tax liability, net		—			—			715			—			715
Total current liabilities		10,266			91,217			29,678			(32,167	)		98,994
Long-term debt		246,200			—			5,557			—			251,757
Intercompany payable		—			149,935			104,271			(254,206	)		—
Deferred tax liability, net		9,387			814			67			—			10,268
Asset retirement obligations		—			15,485			11,172			—			26,657
Other long-term liabilities		—			21,630			1,755			—			23,385
Total liabilities		265,853			279,081			152,500			(286,373	)		411,061
Stockholders' equity (deficit)		44,254			57,345			(64,076	)		6,731			44,254
Total liabilities and stockholders' equity	$	310,107		$	336,426		$	88,424		$	(279,642	)	$	455,315

Condensed Consolidating Statements of Cash Flows


	Year Ended December 31, 2011
	Parent			Guarantors			Non-Guarantors			Eliminations			Total
	(In thousands)
Net cash provided by operating activities	$	2,496		$	100,460		$	10,369		$	—		$	113,325
Additions to property and equipment		—			(45,640	)		(18,778	)		—			(64,418	)
Payments for exclusive license agreements, site acquisition costs and other intangible assets		—			(514	)		(1,954	)		—			(2,468	)
Investment in subsidiary		—			(100,048	)		—			100,048			—
Issuance of long-term notes receivable		(316,231	)		—			—			316,231			—
Payments received on long-term notes receivable		189,040			93,663			—			(282,703	)		—
Acquisitions, net of cash acquired		(2,800	)		(164,811	)		43			—			(167,568	)
Net cash used in investing activities		(129,991	)		(217,350	)		(20,689	)		133,576			(234,454	)
Proceeds from borrowings of long-term debt		381,738			308,294			7,937			(316,231	)		381,738
Repayments of long-term debt		(261,938	)		(188,902	)		(96,854	)		282,703			(264,991	)
Repayments of borrowings under bank overdraft facility, net		—			—			(830	)		—			(830	)
Debt issuance and modification costs		(655	)		—			—			—			(655	)
Proceeds from exercises of stock options		11,420			—			—			—			11,420
Repurchase of capital stock		(3,150	)		—			—			—			(3,150	)
Issuance of capital stock		—			—			100,048			(100,048	)		—
Net cash provided by financing activities		127,415			119,392			10,301			(133,576	)		123,532
Effect of exchange rate changes on cash		—			—			(16	)		—			(16	)
Net (decrease) increase in cash and cash equivalents		(80	)		2,502			(35	)		—			2,387
Cash and cash equivalents as of beginning of period		81			2,219			889			—			3,189
Cash and cash equivalents as of end of period	$	1		$	4,721		$	854		$	—		$	5,576


	Year Ended December 31, 2010
	Parent			Guarantors			Non-Guarantors			Eliminations			Total
	(In thousands)
Net cash provided by operating activities	$	5,459		$	84,083		$	15,626		$	—		$	105,168
Additions to property and equipment		—			(32,373	)		(15,696	)		—			(48,069	)
Payments for exclusive license agreements, site acquisition costs and other intangible assets		—			(2,376	)		(207	)		—			(2,583	)
Issuance of long-term notes receivable		(29,220	)		—			—			29,220			—
Payments received on long-term notes receivable		84,500			—			—			(84,500	)		—
Net cash provided by (used in) investing activities		55,280			(34,749	)		(15,903	)		(55,280	)		(50,652	)
Proceeds from borrowings of long-term debt		382,400			29,220			—			(29,220	)		382,400
Repayments of long-term debt and capital leases		(443,393	)		(84,735	)		(2,212	)		84,500			(445,840	)
Proceeds from borrowings under bank overdraft facility, net		—			—			995			—			995
Debt issuance and modification costs		(5,423	)		—			—			—			(5,423	)
Proceeds from exercises of stock options		7,390			—			—			—			7,390
Repurchase of capital stock		(1,672	)		—			—			—			(1,672	)
Net cash used in financing activities		(60,698	)		(55,515	)		(1,217	)		55,280			(62,150	)
Effect of exchange rate changes on cash		—			—			374			—			374
Net increase (decrease) in cash and cash equivalents		41			(6,181	)		(1,120	)		—			(7,260	)
Cash and cash equivalents as of beginning of period		40			8,400			2,009			—			10,449
Cash and cash equivalents as of end of period	$	81		$	2,219		$	889		$	—		$	3,189


	Year Ended December 31, 2009
	Parent				Guarantors		Non-Guarantors			Eliminations				Total
	(In thousands)
Net cash (used in) provided by operating activities	$	(23,776	)	$	90,365		$	8,285		$	—		$	74,874
Additions to property and equipment		—			(16,189	)		(9,581	)		—			(25,770	)
Payments for exclusive license agreements and site acquisition costs		—			(55	)		(206	)		—			(261	)
Investment in subsidiary		(548	)		—			—			548			—
Issuance of long-term notes receivable		(30,500	)		—			—			30,500			—
Payments received on long-term notes receivable		97,630			—			—			(97,630	)		—
Net cash provided by (used in) investing activities		66,582			(16,244	)		(9,787	)		(66,582	)		(26,031	)
Proceeds from borrowings of long-term debt		53,500			29,501			3,381			(30,500	)		55,882
Repayments of long-term debt and capital leases		(97,000	)		(98,387	)		(1,455	)		97,630			(99,212	)
Repayments of borrowings under bank overdraft facility, net		—			—			(142	)		—			(142	)
Repurchase of capital stock		(458	)		—			—			—			(458	)
Payments received on subscriptions receivable		34			—			—			—			34
Proceeds from exercises of stock options		1,596			—			—			—			1,596
Issuance of capital stock		—			—			548			(548	)		—
Noncontrolling interest shareholder capital contribution		—			—			526			—			526
Debt issuance and modification costs		(458	)		—			—			—			(458	)
Net cash (used in) provided by financing activities		(42,786	)		(68,886	)		2,858			66,582			(42,232	)
Effect of exchange rate changes on cash		—			—			414			—			414
Net increase in cash and cash equivalents		20			5,235			1,770			—			7,025
Cash and cash equivalents as of beginning of period		20			3,165			239			—			3,424
Cash and cash equivalents as of end of period	$	40		$	8,400		$	2,009		$	—		$	10,449