Note 16 -earnings Per Share

6 Months Ended

Jun. 30, 2013

Notes

Note 16 -earnings Per Share

NOTE 16 –EARNINGS PER SHARE

The calculation of weighted average number of shares for the six months ended June 30, 2013 and 2012, respectively, are illustrated as follows:

	2013		2012
	Number of shares	Weighted average number of shares	Number of shares	Weighted average number of shares
At beginning & end of period	155,350,052	155,350,052	5,000,052	5,000,052