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Note 2 - Summary of Significant Accounting Policies: Foreign Currency (Policies)
9 Months Ended
Dec. 31, 2013
Policies  
Foreign Currency

Foreign Currency

 

The Kazakh Tenge is the functional currency of the Company. The respective balance sheets have been translated into USD at the exchange rates prevailing at each balance sheet date. The respective statements of operations and comprehensive income (loss) have been translated into USD using the average exchange rates prevailing during the periods of each statement. The corresponding translation adjustments are part of accumulated other comprehensive income and are shown as part of shareholders’ equity. Transaction gains or losses related to balances denominated in a different currency than the functional currency are recognized in the statement of operations. Net foreign currency transaction gains and losses included in the Company’s statements of operations were negligible for the nine months ended December 31, 2013 and 2012.