Note 25 - Segment reporting

6 Months Ended

Jun. 30, 2013

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

25.   Segment reporting

The Company follows ASC Topic 280 “Segment Reporting”, which requires that companies disclose segment data based on how management makes decisions about allocating resources to segments and evaluating their performance. Reportable operating segments include components of an entity about which separate financial information is available and which operating results are regularly reviewed by the chief operating decision maker (“CODM”) to make decisions about resources to be allocated to the segment and assess each operating segment’s performance.

Six Months Ended June 30, 2013 (Unaudited)

	Internet Ad.		TV Ad.			Bank kiosk		Brand management and sales channel building			Others			Inter- segment and reconciling item			Total
	US$ (‘000)		US$ (‘000)			US$ (‘000)		US$ (‘000)			US$ (‘000)			US$ (‘000)			US$ (‘000)
Revenue		9,247		5,127			140		1,427			-			-			15,941
Cost of sales		4,264		4,743			-		750			-			-			9,757
Total operating expenses		3,274		755			105		551			763	*		-			5,448
Depreciation and amortization expense included in total operating expenses		516		25			105		109			85			-			840
Operating income (loss)		1,709		(371	)		35		126			(763	)		-			736
Share of  losses  in equity investment affiliates		-		-			-		(90	)		(35	)		-			(125	)
Expenditure for long-term assets		853		-			-		-			7			-			860
Net income (loss)		1,510		(431	)		35		5			(714	)		-			405
Total assets – June 30, 2013		39,936		15,532			503		7,813			15,550			(21,645	)		57,689

*Including approximately US$21,000 share-based compensation expenses.

Three Months Ended June 30, 2013 (Unaudited)

	Internet Ad.		TV Ad.			Bank kiosk		Brand management and sales channel building			Others			Inter- segment and reconciling item			Total
	US$ (‘000)		US$ (‘000)			US$ (‘000)		US$ (‘000)			US$ (‘000)			US$ (‘000)			US$ (‘000)
Revenue		5,436		2,489			71		896			-			-			8,892
Cost of sales		2,620		2,243			-		427			-			-			5,290
Total operating expenses		1,691		373			52		307			386	*		-			2,809
Depreciation and amortization expense included in total operating expenses		259		13			52		55			43			-			422
Operating income (loss)		1,125		(127	)		19		162			(386	)		-			793
Share of  losses  in equity investment affiliates		-		-			-		(45	)		(9	)		-			(54	)
Expenditure for long-term assets		847		-			-		-			2			-			849
Net income (loss)		845		(172	)		19		77			(353	)		-			416
Total assets – June 30, 2013		39,936		15,532			503		7,813			15,550			(21,645	)		57,689

*Including approximately US$11,000 share-based compensation expenses.

Six Months Ended June 30, 2012 (Unaudited)

	Internet Ad.		TV Ad.			Bank kiosk		Brand management and sales channel building			Others			Inter- segment and reconciling item			Total
	US$ (‘000)		US$ (‘000)			US$ (‘000)		US$ (‘000)			US$ (‘000)			US$ (‘000)			US$ (‘000)
Revenue		9,703		16,513			142		1,704			-			-			28,062
Cost of sales		4,925		16,357			12		608			-			-			21,902
Total operating expenses		3,353		467			103		474			821	*		-			5,218
Depreciation and amortization expense included in total operating expenses		521		35			103		107			52			-			818
Operating income (loss)		1,425		(311	)		27		622			(821	)		-			942
Share of  losses  in equity investment affiliates		-		-			-		(204	)		(93	)		-			(297	)
Expenditure for long-term assets		46		-			-		-			-			-			46
Net income (loss)		1,586		(293	)		27		262			(830	)		-			752
Total assets June 30,2012		42,234		16,732			702		7,367			15,500			(22,704	)		59,831

*Including approximately US$27,000 share-based compensation expenses.

Three Months Ended June 30, 2012 (Unaudited)

	Internet Ad.		TV Ad.			Bank kiosk		Brand management and sales channel building			Others			Inter- segment and reconciling item			Total
	US$ (‘000)		US$ (‘000)			US$ (‘000)		US$ (‘000)			US$ (‘000)			US$ (‘000)			US$ (‘000)
Revenue		5,358		6,144			71		1,554			-			-			13,127
Cost of sales		2,833		6,013			6		512			-			-			9,364
Total operating expenses		1,839		307			51		404			354	*		-			2,955
Depreciation and amortization expense included in total operating expenses		263		18			51		53			24			-			409
Operating income (loss)		686		(176	)		14		638			(354	)		-			808
Share of  losses  in equity investment affiliates		-		-			-		(94	)		(10	)		-			(104	)
Expenditure for long-term assets		37		-			-		-			-			-			37
Net income (loss)		1,154		(181	)		14		383			(327	)		-			1,043
Total assets June 30,2012		42,234		16,732			702		7,367			15,500			(22,704	)		59,831

*Including approximately US$11,000 share-based compensation expenses.