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Consolidated Balance Sheets (Current Period Unaudited)(USD ($))
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 1,660 $ 3,442
Term deposit 3,439 3,467
Accounts receivable, net 7,094 7,673
Other receivables, net 3,870 4,299
Prepayment and deposit to suppliers 16,647 14,692
Due from related parties 381 502
Other current assets 104 27
Deferred tax assets-current 155 153
Total current assets 33,350 34,255
Investment in and advance to equity investment affiliates 824 845
Property and equipment, net 965 1,057
Intangible assets, net 5,703 6,015
Deposit and prepayment for purchasing of software technology 3,277 2,453
Goodwill 11,356 11,450
Deferred tax assets-non current 825 759
Total Assets 56,300 56,834
Current liabilities:    
Short-term bank loan * 811 [1] 818 [1]
Accounts payable * 584 [1] 421 [1]
Advances from customers * 1,120 [1] 995 [1]
Accrued payroll and other accruals * 637 [1] 676 [1]
Due to noncontrolling interest of VIE * 195  
Taxes payable * 7,123 [1] 7,029 [1]
Other payables * 322 [1] 288 [1]
Total current liabilities 10,792 10,227
Long-term liabilities:    
Deferred tax liability-non current * 1,371 [1] 1,439 [1]
Long-term borrowing from director 142 143
Total Liabilities 12,305 11,809
ChinaNet Online Holdings, Inc.’s stockholders’ equity    
Common stock (US$0.001 par value; authorized 50,000,000 shares; issued and outstanding 22,376,540 shares at March 31, 2014 and December 31, 2013) 22 22
Additional paid-in capital 19,878 19,870
Statutory reserves 2,602 2,602
Retained earnings 18,297 18,965
Accumulated other comprehensive income 3,364 3,689
Total ChinaNet Online Holdings, Inc.’s stockholders’ equity 44,163 45,148
Noncontrolling interests (168) (123)
Total equity 43,995 45,025
Total Liabilities and Equity $ 56,300 $ 56,834
[1] All of the VIEs' assets can be used to settle obligations of their primary beneficiary. Liabilities recognized as a result of consolidating these VIEs do not represent additional claims on the Company's general assets (Note 2).