BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of Property, Plant and Equipment Estimated Useful Life

Property, Plant and Equipment

Property, plant and equipment is carried at cost, less accumulated depreciation. Depreciation is computed using the straight-line method over the estimated useful lives assigned to each major asset category as below:



Asset category	Estimated useful life
Land	Indefinite
Buildings	25 years
Machinery, fixtures and equipment	4 - 8 years
Other equipment	3 - 8 years
Software licenses	3 - 5 years

Schedule of Disposal Groups Operating Results

Summarized operating results for the year ending December 31, 2010 for the Ukraine disposal group are as follows:



	For The Year Ending December 31, 2010
Revenues	$	16,888
Cost of revenues	(19,473		)
Selling, general and administrative expenses	(2,223		)
Operating loss	(4,808		)
Foreign exchange gain	891
Other income	25
Loss before tax	(3,892		)
Gain on sale	217,619
Provision for income tax	(30		)
Income from discontinued operations	$	213,697

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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