XML 31 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Revenue $ 21,639,283 $ 19,598,460
Costs of revenue (13,696,743) (11,981,820)
Gross profit 7,942,540 7,616,640
Service income 281,656 339,379
Service expenses (113,861) (148,016)
General and administrative expense (2,620,845) (1,257,520)
Selling expense (1,877,303) (1,421,415)
Operating income 3,612,187 5,129,068
Financial expenses ( including interest expense of $82,136 and $70,343) (86,712) (125,764)
Other income 34,965 455,950
Other expense (232) 0
Change in fair value of warrants liability 221,640 (48,109)
Income before provision for income tax and non-controlling interest 3,781,848 5,411,145
Provision for income tax (656,297) (850,034)
Net income 3,125,551 4,561,111
Non-Controlling interest in income (22,431) (21,401)
Net income attributable to Dehaier Medical Systems Limited 3,103,120 4,539,710
Net income 3,125,551 4,561,111
Other comprehensive income    
Foreign currency translation adjustments 1,174,044 744,829
Comprehensive income 4,299,595 5,305,940
Comprehensive income attributable to the non-controlling interest (85,442) (64,902)
Comprehensive income attributable to Dehaier Medical Systems Limited $ 4,214,153 $ 5,241,038
Earnings per share    
Basic (in dollars per share) $ 0.69 $ 1.12
Diluted (in dollars per share) $ 0.69 $ 1.09
Weighted average number of common shares used in computation    
Basic (in dollars per share) 4,514,329 4,043,836
Diluted (in dollars per share) 4,514,329 4,153,438