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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Operating Activities    
Net Income $ 686,121 $ 1,775,418
Bad debt expenses 13,338 64,089
Depreciation expense 116,545 51,134
Amortization expense 16,269 15,901
Stock based compensation 62,071 71,985
Loss on disposal of fixed asset 5,651 13,383
Changes in operating assets and liabilities:    
(Increase)/Decrease in commission receivable 101,059 (402,432)
(Increase)/Decrease in enrolment fee receivable (1,572) (2,988)
(Increase)/Decrease in deposit and prepayment 66,437 (11,932)
(Increase)/Decrease in fiduciary asset (2,008,731) (1,852,344)
(Increase)/Decrease in other receivable 26,853 356,869
Increase/(Decrease) in accounts payable 2,159,253 1,228,890
Increase/(Decrease) in claims payable 20,229 37,441
Increase/(Decrease) in other payable (569,373) 403,290
Increase/(Decrease) in accrued expenses (33,952) (99,996)
Increase/(Decrease) in deferred revenue 3,500 3,500
Increase/(Decrease) in income tax payable 175,430 381,924
Net cash provided by operating activities 839,128 2,034,132
Investing Activities    
Loan made to third parties   (3,000,000)
Cash paid for purchase of fixed assets (169,608) (23,328)
Sales proceeds for disposal of fixed assets   15,337
Net cash used in investing activities (169,608) (3,007,951)
Financing Activities    
Dividend paid to non-controlling shareholders (125,641) (128,718)
Borrowings on related party debt 9,963 74,587
Principal payments on related party debt (49,707) (66,936)
Net cash (used) in financing activities (165,385) (121,067)
Net increase (decrease) in cash and cash equivalent 504,135 (1,094,886)
Effect of exchange rate changes on cash and cash equivalent 1,949 19,551
Initial cash and cash equivalent 8,203,957 8,051,872
Final cash and cash equivalent 8,710,041 6,976,537
Supplemental Disclosures of Cash Flow Information:    
Interest paid   (2,836)
Income taxes paid 3,049 14,454
Non-Cash Transactions    
Dividend received 11,226 9,745
Purchase price allocation adjustment   40,729
Change in fair value for Available-for-sales securities $ 63,285 $ 82,661