XML 61 R24.htm IDEA: XBRL DOCUMENT v2.4.0.8
Acquisition (Tables)
12 Months Ended
Dec. 31, 2013
Casinos Poland Ltd [Member]
 
Business Acquisition [Line Items]  
Purchase Consideration - Cash Outflow

 

 

Outflow of cash to acquire subsidiary, net of cash acquired

 

Cash consideration

$
6,780 

Less: balances acquired

(2,381)

Net of cash - investing activities

$
4,399 

 

Pro Forma Results

 

 

 

 

 

 

 

Unaudited

For the year ended December 31,

 

Unaudited

For the year ended December 31,

 

 

2013

 

2012

Net operating revenue

 

$
117,955 

 

$
115,843 

Net earnings

 

$
6,037 

 

$
4,620 

Basic and diluted earnings per share

 

$
0.25 

 

$
0.19 

 

United Horsemen Of Alberta Inc. [Member]
 
Business Acquisition [Line Items]  
Assets And Liabilities Recognized As A Result Of The Acquisition

 

 

Acquisition Date

November 29, 2013

 

 

Amounts in thousands

 

Purchase consideration:

 

Cash paid

$

Acquisition date fair value for 15% equity interest for the Company's guarantee of additional REC project financing

$
397 

Total purchase consideration

$
397 

 

 

 

 

Cash

$
98 

Restricted cash

472 

Accounts receivable

126 

Prepaid expenses

12 

Casino license

3,001 

Property and equipment

19,234 

Accounts payable and accrued liabilities

(471)

Taxes payable

(19)

Contingent liability

(189)

Long-term debt, less current portion

(19,792)

Net identifiable assets acquired

2,472 

 

 

Less: Non-controlling interest

(2,253)

Add: Goodwill

178 

Net assets acquired

$
397 

 

Casinos Poland Ltd [Member]
 
Business Acquisition [Line Items]  
Gain On Business Combination

 

 

Amounts in thousands (in USD)

Total

Investment fair value - April 8, 2013

$
5,214 

Investment book value at April 8, 2013

(3,020)

Gain on business combination including foreign currency translation

2,194 

Less: foreign currency translation

(113)

Gain on business combination

$
2,081 

 

Total Purchase Consideration

 

 

Acquisition Date

April 8, 2013

 

 

Amounts in thousands

 

Purchase consideration:

 

Cash paid

$
6,780 

Acquisition-date fair value of the previously held equity interest

5,214 

Total purchase consideration, including fair value of previously held equity interest

$
11,994 

 

Assets And Liabilities Recognized As A Result Of The Acquisition

 

 

Cash

$
2,381 

Accounts receivable

545 

Deferred tax assets - current

325 

Prepaid expenses

354 

Inventory

139 

Other current assets

Property and equipment

17,905 

Licenses

2,533 

Trademark

1,924 

Deferred tax assets, non-current

1,034 

Other long-term assets

477 

Current portion of long-term debt

(4,267)

Accounts payable and accrued liabilities

(1,743)

Contingent liability

(5,776)

Accrued payroll

(1,640)

Taxes payable

(2,112)

Long-term debt, less current portion

(1,687)

Deferred income taxes, non-current

(1,257)

Net identifiable assets acquired

9,138 

 

 

Less: Non-controlling interest

(5,214)

Add: Goodwill

8,070 

Net assets acquired

$
11,994