Note 25 - Segment reporting

9 Months Ended

Sep. 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.

Nine Months Ended September 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		15,318		5,687			211		2,206			-			-			23,422
Cost of sales		6,670		5,246			1		1,206			-			-			13,123
Total operating expenses		5,003		1,012			161		880			1,131	*		-			8,187
Depreciation and amortization expense included in total operating expenses		777		32			161		163			119			-			1,252
Operating income (loss)		3,645		(571	)		49		120			(1,131	)		-			2,112
Share of  losses  in equity investment affiliates		-		-			-		(129	)		(41	)		-			(170	)
Expenditure for long-term assets		2,464		-			-		2			10			-			2,476
Net income (loss)		3,204		(616	)		49		(44	)		(1,048	)		-			1,545
Total assets – September 30, 2013		43,197		15,836			449		8,609			14,398			(21,691	)		60,798

*Including approximately US$114,000 share-based compensation expenses.

Three Months Ended September 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		6,071		560			71		779			-			-			7,481
Cost of sales		2,406		503			1		456			-			-			3,366
Total operating expenses		1,729		257			56		329			368	*		-			2,739
Depreciation and amortization expense included in total operating expenses		261		7			56		54			34			-			412
Operating income (loss)		1,936		(200	)		14		(6	)		(368	)		-			1,376
Share of  losses  in equity investment affiliates		-		-			-		(39	)		(6	)		-			(45	)
Expenditure for long-term assets		1,611		-			-		2			3			-			1,616
Net income (loss)		1,694		(185	)		14		(49	)		(334	)		-			1,140
Total assets – September 30, 2013		43,197		15,836			449		8,609			14,398			(21,691	)		60,798

*Including approximately US$94,000 share-based compensation expenses.

Nine Months Ended September 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		15,393		19,751			214		3,031			-			(40	)		38,349
Cost of sales		7,447		19,519			19		1,080			-			-			28,065
Total operating expenses		4,666		675			155		813			1,165	*		-			7,474
Depreciation and amortization expense included in total operating expenses		782		51			155		161			74			-			1,223
Operating income (loss)		3,280		(443	)		40		1,138			(1,165	)		(40	)		2,810
Share of  losses  in equity investment affiliates		-		-			-		(274	)		(120	)		-			(394	)
Expenditure for long-term assets		179		6			-		-			-			-			185
Net income (loss)		3,208		(417	)		40		579			(1,175	)		(40	)		2,195
Total assets September 30,2012		41,547		15,607			649		8,207			15,012			(22,570	)		58,452

*Including approximately US$38,000 share-based compensation expenses.

Three Months Ended September 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		5,690		3,238			72		1,327			-			(40	)		10,287
Cost of sales		2,522		3,162			7		472			-			-			6,163
Total operating expenses		1,313		208			52		339			344	*		-			2,256
Depreciation and amortization expense included in total operating expenses		261		16			52		54			22			-			405
Operating income (loss)		1,855		(132	)		13		516			(344	)		(40	)		1,868
Share of  losses  in equity investment affiliates		-		-			-		(70	)		(27	)		-			(97	)
Expenditure for long-term assets		133		6			-		-			-			-			139
Net income (loss)		1,622		(124	)		13		317			(345	)		(40	)		1,443
Total assets September 30,2012		41,547		15,607			649		8,207			15,012			(22,570	)		58,452

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