Segment information

12 Months Ended

Dec. 31, 2012

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

16. Segment information

The Company has three reportable segments: retail, bulk and services. The retail segment operates the water utility for the Seven Mile Beach and West Bay areas of Grand Cayman Island pursuant to an exclusive license granted by the Cayman Islands government. The bulk segment supplies potable water to government utilities in Grand Cayman, the Bahamas and Belize under long-term contracts. The services segment designs, constructs and sells desalination plants to third parties and provides desalination plant management and operating services to affiliated companies. Consistent with prior periods, we record all non-direct general and administrative expenses in our retail business segment and do not allocate any of these non-direct costs to our other two business segments.

The accounting policies of the segments are consistent with those described in Note 2. The Company evaluates each segment’s performance based upon its income from operations. All intercompany transactions are eliminated for segment presentation purposes.

The Company’s segments are strategic business units that are managed separately because, while all segments derive their revenues from desalination-related activities, each segment sells different products and/or services, serves customers with distinctly different needs and generates different gross profit margins.

	As of and for the year ended December 31, 2012
	Retail		Bulk		Services			Total
Revenues	$	24,222,895	$	40,758,182	$	469,625		$	65,450,702
Cost of revenues		11,548,255		31,679,887		230,118			43,458,260
Gross profit		12,674,640		9,078,295		239,507			21,992,442
General and administrative expenses		11,304,528		1,384,527		1,853,762			14,542,817
Impairment losses		-		432,727		88,717			521,444
Income (loss) from operations		1,370,112		7,261,041		(1,702,972	)		6,928,181
Other income (expense), net									2,695,828
Consolidated net income									9,624,009
Income attributable to non-controlling interests									308,495
Net income attributable to Consolidated Water Co. Ltd. stockholders								$	9,315,514
As of December 31, 2012:
Property plant and equipment, net	$	24,021,301	$	34,308,805	$	663,300		$	58,993,406
Construction in progress		2,342,248		270,552		-			2,612,800
Goodwill		1,170,511		2,328,526		-			3,499,037
Total assets		63,649,696		83,177,550		3,621,840			150,449,086

	As of and for the year ended December 31, 2011
	Retail		Bulk		Services			Total
Revenues	$	23,356,338	$	30,757,874	$	1,040,280		$	55,154,492
Cost of revenues		11,496,598		24,127,488		508,339			36,132,425
Gross profit		11,859,740		6,630,386		531,941			19,022,067
General and administrative expenses		9,102,291		1,285,121		3,264,238			13,651,650
Income (loss) from operations		2,757,449		5,345,265		(2,732,297	)		5,370,417
Other income (expense), net									1,181,563
Consolidated net income									6,551,980
Income attributable to non-controlling interests									438,762
Net income attributable to Consolidated Water Co. Ltd. stockholders								$	6,113,218
As of December 31, 2011:
Property plant and equipment, net	$	25,456,103	$	37,824,507	$	904,500		$	64,185,110
Construction in progress		141,204		-		-			141,204
Goodwill		1,170,511		2,328,526		88,717			3,587,754
Total assets		73,557,410		83,457,607		3,844,414			160,859,431

	As of and for the year ended December 31, 2010
	Retail		Bulk		Services			Total
Revenues	$	21,864,252	$	25,302,093	$	3,542,209		$	50,708,554
Cost of revenues		10,361,302		20,907,981		2,828,776			34,098,059
Gross profit		11,502,950		4,394,112		713,433			16,610,495
General and administrative expenses		8,105,740		1,247,076		1,976,832			11,329,648
Income (loss) from operations		3,397,210		3,147,036		(1,263,399	)		5,280,847
Other income (expense), net									1,162,315
Consolidated net income									6,443,162
Income attributable to non-controlling interests									151,137
Net income attributable to Consolidated Water Co. Ltd. stockholders								$	6,292,025
As of December 31, 2010:
Property, plant and equipment, net	$	26,426,273	$	28,350,519	$	1,146,939		$	55,923,731
Construction in progress		249,300		-		-			249,300
Goodwill		1,170,511		2,328,526		88,717			3,587,754
Total assets		77,481,333		69,343,561		5,376,672			152,201,566

The following table presents revenues earned by major geographic region:

	Year Ended December 31,
	2012			2011			2010
Cayman Island operations	$	33,661,440		$	32,223,536		$	30,966,110
Bahamas operations		28,996,724			19,825,070			16,188,416
Belize operations		2,322,913			2,065,606			1,809,504
Bermuda operations		-			722,774			1,087,786
Revenues earned from management services agreement with OC-BVI		469,625			317,506			656,738
	$	65,450,702		$	55,154,492		$	50,708,554
Revenues earned from the Water and Sewerage Corporation ("WSC")	$	28,765,529		$	19,610,650		$	15,941,021
Percentage of total revenues from the WSC		44	%		36	%		31	%
Revenues earned from the Water Authority - Cayman ("WAC")	$	9,438,545		$	8,867,198		$	7,304,173
Percentage of total revenues from the WAC		14	%		16	%		14	%

The following table presents property, plant and equipment, net by major geographic region:

	December 31,
	2012		2011
Cayman Island operations	$	24,004,499	$	26,189,796
Bahamas operations		33,710,233		36,437,351
Belize operations		1,134,721		1,202,017
All other country operations		143,953		355,946
	$	58,993,406	$	64,185,110