Variable Interest Entities ("vies") (Tables)

3 Months Ended

Aug. 31, 2012

Tables/Schedules (Detail level 3):

Consolidated Variable Interest Entity Assets and Liabilites

	August 31, 2012		May 31, 2012
Assets
Cash and cash equivalents	$	2,197,038	$	3,466,743
Inventories		22,627		18,385
Accounts receivable		938,225		633,009
Tax recoverable		22,754		22,755
Other receivables and deposits		289,714		237,490
Goodwill		610,386		610,386
Property, plant and equipment, net		400,547		454,875
Total assets (not include amount due from intra-group companies)	$	4,481,291	$	5,443,643
Liabilities
Deferred income	$	1,072,169	$	1,441,347
Accounts payable		1,101,045		694,626
Accrued expenses and other payables		454,989		467,2465
Tax payables		59,553		44,424
Total liabilities	$	2,686,756	$	2,647,643

Variable Interest Entities Statement of Income

	Three months ended August 31, 2012		Three months ended August 31, 2011
Revenue	$	1,961,932	$	963,045
Other income and gains		(3,071)		19,663
Service costs		(1,460,892)		(365,126)
Administrative and other expenses		(134,617)		(234,347)
Personnel cost		(181,555)		(229,031)
Depreciation expense		(55,049)		(54,429)
Income before provision for income taxes (Not including service costs payable to intra-group companies)		126,748		99,775
Provision for income taxes		(3,303)		(2,266)
Net income	$	123,445	$	97,509