| Schedule of Change in Liability to Related Party |
Year ended July 31
(in thousands) | | 2014 | | | 2013 | | | Balance at beginning of year | | $ | - | | | $ | - | | | Payments by IDT on behalf of the Company | | | 940 | | | | 1,008 | | | Deferred taxes offset against IDT net operating losses | | | - | | | | 12 | | | Cash repayments, net of advances | | | (934 | ) | | | 1,737 | | | Amount due to IDT contributed to equity | | | - | | | | (2,757 | ) | | Balance at end of year | | $ | 6 | | | $ | - | | | Average balance during the year | | $ | 111 | | | $ | 1,099 | |
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