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Non-controlling interests
3 Months Ended
Mar. 31, 2013
Noncontrolling Interest [Abstract]  
Noncontrolling Interest Disclosure [Text Block]
18. Non-controlling interests

 

The Company’s activities in respect of the amounts of the non-controlling interests’ equity at March 31, 2013 and 2012, are summarized as follows (figures are in thousands of USD):

 

    Three Months Ended March 31,  
    2013     2012  
             
Balance at beginning of the period   $ 38,846     $ 43,028  
Income attributable to non-controlling interests     1,586       1,054  
Dividends declared to the non-controlling interest holders of joint-venture companies     -       (794 )
Discontinued operations – Zhejiang     -       (9,705 )
Foreign currency translation gain     103       45  
Balance at end of period   $ 40,535     $ 33,628