ATM operator GRG broke even on its automatic teller machine operations in Australia in the year to June 2012 but reported a loss on its international business.GRG put its loss for the year at A$1.2 million, down from a loss of $1.8 million in 2011.GRG made an operating profit of $3.1 million from providing bank-branded ATMs (in non-branch locations) for Suncorp through the eFunds business it acquired two years ago. The eFunds business was not as profitable as the vendors would have liked, with a contingent payment waived during the year.The remainder of the GRG business in Australia made a loss of $3.0 million.GRG said it sold 616 ATMs to investors at an average cost of $7800 each. GRG operates fewer than 300 ATMs that it owns.GRG sold these ATMs with a guaranteed minimum payment of between $235 and $285 a month.The accounts show GRG issued $603,000 in new shares for the acquisition of GRG Banking Solutions Private Ltd and GRG International Private Ltd.GRG said these two firms generated no revenue and no profits, and, by implication, no losses. On the other hand, the two firms were said to have premises and staff, and relationships with 21 national banks in India, seemingly without incurring any expenses.