Description Of Business And Basis Of Presentation (Tables)

3 Months Ended

Mar. 31, 2017

The average exchange rates to the U.S. dollar used to translate balances during each reported period are as follows:



	For the three months
	ended March 31,
Average Rates	2017	2016	% Change
Canadian dollar (CAD)	1.3234	1.3732	3.6%
Euros (EUR)	0.9384	0.9065	(3.5%)
Polish zloty (PLN)	4.0563	3.9556	(2.5%)
Source: Pacific Exchange Rate Service


Condensed Consolidated Statement of Earnings for the three months ended March 31, 2016:
Amounts in thousands, except for per share information	As Previously Reported		Correction		As Corrected
Operating Revenue:
Other	$	3,040	$	697	$	3,737
Gross revenue		34,536		697		35,233
Net operating revenue		32,530		697		33,227
Earnings from operations		3,385		697		4,082
Earnings before income taxes		2,822		697		3,519
Income tax expense		(598)		(181)		(779)
Net earnings		2,224		516		2,740
Net earnings attributable to non-controlling interests		(330)		(129)		(459)
Net earnings attributable to Century Casinos, Inc. shareholders		1,894		387		2,281

Earnings per share attributable to Century Casinos, Inc. shareholders:
Basic and Diluted	$	0.08	$	0.01	$	0.09


Condensed Consolidated Statement of Comprehensive Income (Loss) for the three months ended March 31, 2016:
Amounts in thousands	As Previously Reported		Correction		As Corrected
Net earnings	$	2,224	$	516	$	2,740

Other comprehensive income
Foreign currency translation adjustments		3,757		(28)		3,729
Other comprehensive income		3,757		(28)		3,729
Comprehensive income	$	5,981	$	488	$	6,469

Comprehensive income attributable to non-controlling interests
Net earnings attributable to non-controlling interests		(330)		(129)		(459)
Foreign currency translation adjustments		(389)		7		(382)
Comprehensive income attributable to Century Casinos, Inc. shareholders	$	5,262	$	366	$	5,628


Condensed Consolidated Statement of Equity for the three months ended March 31, 2016:
Amounts in thousands	As Previously Reported		Correction		As Corrected
Accumulated other comprehensive income
Accumulated other comprehensive income (loss) balance at January 1, 2016	$	(12,704)	$	21	$	(12,683)
Foreign currency translation adjustment		3,368		(21)		3,347

Retained earnings
Retained earnings balance at January 1, 2016		57,558		(387)		57,171
Net earnings		1,894		387		2,281

Total Century Casinos shareholders' equity
Total Century Casinos shareholders' equity balance at January 1, 2016		122,416		(366)		122,050
Net earnings		1,894		387		2,281
Foreign currency translation adjustment		3,368		(21)		3,347

Non-controlling interest
Non-controlling interest balance at January 1, 2016		4,859		(122)		4,737
Net earnings		330		129		459
Foreign currency translation adjustment		389		(7)		382

Total equity
Total equity balance at January 1, 2016		127,275		(488)		126,787
Net earnings		2,224		516		2,740
Foreign currency translation adjustment		3,757		(28)		3,729


Condensed Consolidated Statement of Cash Flows for the three months ended March 31, 2016:
Amounts in thousands	As Previously Reported		Correction		As Corrected
Cash Flows from Operating Activities:
Net earnings	$	2,224	$	516	$	2,740
Changes in Operating Assets and Liabilities:
Receivables, net		716		(659)		57
Taxes payable		(350)		171		(179)
Net cash provided by operating activities		3,263		28		3,291
Effect of Exchange Rate Changes on Cash		688		(28)		660


Note 12: Segment and Geographic Information for the three months ended March 31, 2016:
Amounts in thousands	As Previously Reported		Correction		As Corrected
Canada
Net operating revenue	$	12,298	$	697	$	12,995
Net earnings attributable to Century Casinos, Inc. shareholders		1,648		387		2,035
Income taxes		444		181		625
Non-controlling interest		(2)		129		127
Adjusted EBITDA		3,518		697		4,215