<SEC-DOCUMENT>0001292814-13-000988.txt : 20130430
<SEC-HEADER>0001292814-13-000988.hdr.sgml : 20130430
<ACCEPTANCE-DATETIME>20130430170618
ACCESSION NUMBER:		0001292814-13-000988
CONFORMED SUBMISSION TYPE:	20-F
PUBLIC DOCUMENT COUNT:		14
CONFORMED PERIOD OF REPORT:	20121231
FILED AS OF DATE:		20130430
DATE AS OF CHANGE:		20130430

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ASIA PACIFIC WIRE & CABLE CORP LTD
		CENTRAL INDEX KEY:			0001026980
		STANDARD INDUSTRIAL CLASSIFICATION:	DRAWING AND INSULATING NONFERROUS WIRE [3357]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			D0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		20-F
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14542
		FILM NUMBER:		13798734

	BUSINESS ADDRESS:	
		STREET 1:		ROOM B 7/FL., NO. 132, SEC. 3
		STREET 2:		MIN-SHENG EAST ROAD
		CITY:			TAIPEI, 105
		STATE:			F5
		ZIP:			105
		BUSINESS PHONE:		886-2-2712-2558

	MAIL ADDRESS:	
		STREET 1:		ROOM B 7/FL., NO. 132, SEC. 3
		STREET 2:		MIN-SHENG EAST ROAD
		CITY:			TAIPEI, 105
		STATE:			F5
		ZIP:			105
</SEC-HEADER>
<DOCUMENT>
<TYPE>20-F
<SEQUENCE>1
<FILENAME>apwcform20f_2012.htm
<DESCRIPTION>FORM 20-F 2012
<TEXT>

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<P style="TEXT-ALIGN: center; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 14pt" lang=EN-US face="Times New Roman">UNITED STATES</FONT></B></P>
<P style="TEXT-ALIGN: center; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 14pt" lang=EN-US face="Times New Roman">SECURITIES AND EXCHANGE COMMISSION</FONT></B></P>
<P style="TEXT-ALIGN: center; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 14pt" lang=EN-US color=black face="times new roman bold">Washington, D.C. 20549</FONT></B></P>
<P style="TEXT-ALIGN: center; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>
<P style="TEXT-ALIGN: center; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 6pt" align=center><B><FONT style="FONT-SIZE: 14pt" lang=EN-US face="Times New Roman">FORM 20-F</FONT></B></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -20.15pt; MARGIN: 0cm 0cm 6pt 20.15pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=wingdings>&#168;</FONT><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934</FONT></B></P>
<P style="TEXT-ALIGN: center; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 6pt" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">OR</FONT></B></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -20.15pt; MARGIN: 0cm 0cm 6pt 20.15pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=wingdings>x</FONT><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the fiscal year ended December 31, 2012</FONT></B></P>
<P style="TEXT-ALIGN: center; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 6pt" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">OR</FONT></B></P>
<P style="TEXT-INDENT: -20.15pt; MARGIN: 0cm 0cm 6pt 20.15pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=wingdings>&#168;</FONT><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</FONT></B></P>
<P style="TEXT-ALIGN: center; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 6pt" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">OR</FONT></B></P>
<P style="TEXT-INDENT: -20pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=wingdings>&#168;</FONT><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</FONT></B></P>
<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>
<P style="TEXT-ALIGN: center; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Commission file number 1-14542</FONT></B></P>
<P style="TEXT-ALIGN: center; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 16pt" lang=EN-US face="Times New Roman">ASIA PACIFIC WIRE &amp; CABLE</FONT></B><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"><BR>
</FONT></B><B><FONT style="FONT-SIZE: 16pt" lang=EN-US face="Times New Roman">CORPORATION LIMITED</FONT></B></P>
<P style="TEXT-ALIGN: center; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman">(Exact name of Registrant as specified in its charter)</FONT></P>
<P style="TEXT-ALIGN: center; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Bermuda</FONT></B></P>
<P style="TEXT-ALIGN: center; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman">(Jurisdiction of incorporation or organization)</FONT></P>
<P style="TEXT-ALIGN: center; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">7/Fl. B, No. 132, Sec. 3<BR>
Min-Sheng East Road<BR>
Taipei, 105, Taiwan<BR>
Republic of China</FONT></B></P>
<P style="TEXT-ALIGN: center; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman">(Address of principal executive offices)</FONT></P>
<P style="TEXT-ALIGN: center; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Securities registered or to be registered pursuant to Section 12(b) of the Act.</FONT></P>
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<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Title of each class</FONT></B></P>
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<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Name of each exchange on which registered</FONT></B></P>
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<P style="TEXT-ALIGN: center; TEXT-INDENT: -11pt; MARGIN: 0cm 0cm 0pt 11pt" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Common Shares, par value 0.01 per share</FONT></B></P>
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<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">NASDAQ Global Market</FONT></B></P>
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<P style="TEXT-ALIGN: center; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Securities registered or to be registered pursuant to Section 12(g) of the Act.</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">None</FONT></B></P>
<P style="TEXT-ALIGN: center; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act.</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">None</FONT></B></P>
<P style="TEXT-INDENT: 20pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Indicate the number of outstanding shares of each of the issuer&#8217;s classes of capital or common stock as of the close of the period covered by the annual report.</FONT></P>
<P style="TEXT-ALIGN: center; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 6pt" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">13,828,869 Common Shares</FONT></B></P>
<P style="TEXT-INDENT: 20pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.<BR>
Yes </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face=wingdings>&#168;</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="franklin gothic book,sans-serif">&#8195;</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">No </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face=wingdings>x&nbsp;</FONT></P>
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<P style="TEXT-INDENT: 20pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.&nbsp; Yes </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face=wingdings>&#168;</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="franklin gothic book,sans-serif">&#8195;</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">No </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face=wingdings>x&nbsp;</FONT></P>
<P style="TEXT-INDENT: 20pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: 20pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.&nbsp; Yes </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face=wingdings>x</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="franklin gothic book,sans-serif">&#8195;</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">No </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face=wingdings>&#168;&nbsp;</FONT></P>
<P style="TEXT-INDENT: 20pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: 20pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (&#167;232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Yes </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face=wingdings>x</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="franklin gothic book,sans-serif">&#8195;</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">No </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face=wingdings>&#168;&nbsp;</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&nbsp; &nbsp;</FONT></P>
<P style="TEXT-INDENT: 20pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: 20pt; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer.&nbsp; See definition of &#8220;accelerated filer and large accelerated filer&#8221; in Rule 12b-2 of the Exchange Act.&nbsp; Large accelerated Filer </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face=wingdings>&#168;</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="franklin gothic book,sans-serif">&#8195;</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Accelerated filer </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face=wingdings>&#168;&nbsp;</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&nbsp; Non-accelerated filer </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face=wingdings>x&nbsp;</FONT></P>
<P style="TEXT-INDENT: 20pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 1pt 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Indicate by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing:&nbsp; U.S. GAAP </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face=wingdings>x&nbsp;</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&nbsp; International Financial Reporting Standards as issued by the International Accounting Standards Board </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face=wingdings>&#168;&nbsp;</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&nbsp; Other </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face=wingdings>&#168;&nbsp;</FONT></P>
<P style="MARGIN: 1pt 0cm 3pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: 20pt; MARGIN: 1pt 0cm 3pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">If &#8220;Other&#8221; has been checked in response to the previous question, indicate by check mark which financial statement item the registrant has elected to follow.&nbsp; Item 17 </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face=wingdings>&#168;</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="franklin gothic book,sans-serif">&#8195;</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Item 18 </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face=wingdings>&#168;&nbsp;</FONT></P>
<P style="TEXT-INDENT: 20pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: 20pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).&nbsp; Yes </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face=wingdings>&#168;</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="franklin gothic book,sans-serif">&#8195;</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">No </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face=wingdings>x&nbsp;</FONT></P>
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<P style="TEXT-ALIGN: center; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">FORWARD-LOOKING STATEMENTS</FONT></B></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Our disclosure and analysis in this Annual Report on Form 20-F contain some forward-looking statements.&nbsp; Forward-looking statements give our current beliefs or expectations or forecasts of future events.&nbsp; You can identify these statements by the fact that they do not relate strictly to historical or current facts.&nbsp; Such statements may include words such as &#8220;anticipate,&#8221; &#8220;estimate,&#8221; &#8220;expect,&#8221; &#8220;intend,&#8221; &#8220;plan,&#8221; &#8220;believe&#8221; and other words and terms of similar meaning in connection with any discussion of future operating or financial performance.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Such statements are not promises or guarantees and are subject to a number of known and unknown risks and uncertainties that could cause our future results, performance or achievements to differ significantly from the results, performance or achievements expressed or implied by such forward-looking statements.&nbsp; Important factors that could cause or contribute to such differences include our ability to maintain and develop market share for our products; global, regional or national economic and financial conditions, including events such as the financial crisis that commenced in 2008 and the consequent economic recession, and their individual or collective impact on demand for our products and services; the introduction of competing products or technologies; our inability to successfully identify, consummate and integrate acquisitions; our potential exposure to liability claims; the uncertainty and volatility of the markets in which we operate; changes in laws or regulations applicable to the Company in the markets in which we conduct business; the availability and price of copper, our principal raw material; our ability to negotiate extensions of labor agreements on acceptable terms and to successfully deal with any labor disputes; our ability to service, and meet all requirements under, our debt, and to maintain adequate credit facilities and credit lines; our ability to make payments of interest and principal under our existing and future indebtedness; our ability to increase manufacturing capacity and productivity; the fact that we have operations outside the United States that may be materially and adversely affected by acts of terrorism, war and political and social unrest, or major hostilities; increased exposure to political and economic developments, crises, instability, terrorism, civil strife, expropriation and other risks of doing business in foreign markets; economic consequences arising from natural disasters and other similar catastrophes, such as floods, earthquakes, hurricanes and tsunamis; the fact that Asia Pacific Wire &amp; Cable Corporation Limited (&#8220;APWC&#8221; or the &#8220;Company&#8221;) &nbsp;is a holding company that depends for income upon&nbsp;</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">distributions from operating subsidiaries, most of which are not wholly&#8209;owned and for which there may be restrictions on the timing and amount of distributions; price competition and other competitive pressures; the impact of climate change on our business and operations and on or customers; our ability to avoid limitations on utilization of net losses for income tax purposes; fluctuations in currency, exchange and interest rates, operating results and the impact of technological changes and other factors that are discussed in this report and in our other filings made with the Securities and Exchange Commission (the &#8220;SEC&#8221; or the &#8220;Commission&#8221;).</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">In particular, these statements include, among other things, statements relating to:</FONT></P>
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<P style="TEXT-INDENT: -20pt; MARGIN: 0cm 0cm 0pt 40pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; our business strategy;</FONT></P>
<P style="TEXT-INDENT: -20pt; MARGIN: 0cm 0cm 0pt 40pt">&nbsp;</P>
<P style="TEXT-INDENT: -20pt; MARGIN: 0cm 0cm 0pt 40pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; our prospects for future revenues and profits in the markets in which we operate;</FONT></P>
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<P style="TEXT-INDENT: -20pt; MARGIN: 0cm 0cm 0pt 40pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; the impact of political, legal or regulatory changes or developments in the markets in which we do business;</FONT></P>
<P style="TEXT-INDENT: -20pt; MARGIN: 0cm 0cm 0pt 40pt">&nbsp;</P>
<P style="TEXT-INDENT: -20pt; MARGIN: 0cm 0cm 0pt 40pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; our dependence upon the level of business activity and investment by our customers for the generation of our sales revenue;</FONT></P>
<P style="TEXT-INDENT: -20pt; MARGIN: 0cm 0cm 0pt 40pt">&nbsp;</P>
<P style="TEXT-INDENT: -20pt; MARGIN: 0cm 0cm 0pt 40pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; the fact that our Common Shares are now traded on a national exchange in the United States;</FONT></P>
<P style="TEXT-INDENT: -20pt; MARGIN: 0cm 0cm 0pt 40pt">&nbsp;</P>
<P style="TEXT-INDENT: -20pt; MARGIN: 0cm 0cm 0pt 40pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; our dependence on a limited number of suppliers for our raw materials and our vulnerability to fluctuations in the cost of our raw materials; and</FONT></P>
<P style="TEXT-INDENT: -20pt; MARGIN: 0cm 0cm 0pt 40pt">&nbsp;</P>
<P style="TEXT-INDENT: -20pt; MARGIN: 0cm 0cm 0pt 40pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; our liquidity.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">We undertake no obligation to update any forward-looking statements or other information contained in this Annual Report, whether as a result of new information, future events or otherwise, except as required by law.&nbsp; You are advised, however, to consult any additional disclosures we make in our filings with the SEC.&nbsp; Also note that we provide a cautionary discussion of risks and uncertainties under the &#8220;Risk Factors&#8221; section of this Annual Report.&nbsp; These are factors that we think could cause our actual results to differ materially from expected results.&nbsp; Other factors besides those listed there could also adversely affect us. </FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">This discussion is permitted by the Private Securities Litigation Reform Act of 1995.</FONT></P>
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<P style="TEXT-ALIGN: center; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">OTHER CONVENTIONS</FONT></B></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Unless otherwise specified, all references in this Annual Report to &#8220;Thailand&#8221; are to the Kingdom of Thailand, all references to &#8220;Singapore&#8221; are to The Republic of Singapore, all references to &#8220;Taiwan&#8221; are to Taiwan, The Republic of China, all references to &#8220;China&#8221; and to the &#8220;PRC&#8221; are to The People&#8217;s Republic of China (for the purpose of this Annual Report, excluding Hong Kong and Macau), all references to &#8220;Australia&#8221; are to the Commonwealth of Australia and all references to the &#8220;U.S.&#8221; are to the United States of America.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Most measurements in this Annual Report are given according to the metric system.&nbsp; Standard abbreviations of metric units (e.g., &#8220;mm&#8221; for millimeter) have been employed without definitions.&nbsp; All references in this Annual Report to &#8220;tons&#8221; are to metric tons, which are equivalent in weight to 2,204.6 pounds.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">With respect to measurements relating to the manufacture of wire and cable products, references to &#8220;pkm&#8221; are to kilometers of twisted pairs of copper wire.</FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Dollar amounts in this Annual Report are expressed in thousands ($000), except where otherwise indicated or with respect to earnings per share.</FONT></P>
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<P style="TEXT-ALIGN: center">1</P>
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<P style="TEXT-ALIGN: center; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Part I</FONT></B></P>
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<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Item 1:&nbsp;&nbsp;&nbsp; Identity of Directors, Senior Management and Advisers</FONT></B></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(Not applicable)</FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Item 2:&nbsp;&nbsp;&nbsp; Offer Statistics and Expected Timetable</FONT></B></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(Not applicable)</FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Item 3:&nbsp;&nbsp;&nbsp; Key Information</FONT></B></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 22.5pt; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">3.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Selected Consolidated Financial Data</FONT></B></P>
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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The following selected consolidated financial data is derived from the consolidated financial statements of the Company for the years ended December 31, 2008, 2009, 2010, 2011 and 2012, prepared in accordance with U.S. GAAP.</FONT></P>
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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The selected data set forth below should be read in conjunction with, and is qualified in its entirety by, the discussion in &#8220;Item 5:&nbsp; Operating and Financial Review and Prospects&#8221; and the consolidated financial statements and the notes thereto included in &#8220;Item 18:&nbsp; Financial Statements.&#8221;</FONT></P>
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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(Figures in 2008, 2009, and 2010 were restated to reflect the results of discontinued operations of Shandong Pacific Fiber Optics Co. Ltd. (&#8220;SPFO&#8221;). </FONT></B><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">&nbsp;For details, see &#8220;Item 5.3: Operating Results&#8221;)</FONT></B></P>
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<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">For the Years Ended December 31,</FONT></B></P>
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<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">2008</FONT></P>
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<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">2009</FONT></P>
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<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">2010</FONT></P>
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<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">2011</FONT></P>
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<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">2012</FONT></P>
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<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">(in US$ thousands)</FONT></B></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Income Statement Data:</FONT></P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Net sales</FONT></P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$484,218</FONT></P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$326,238</FONT></P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$446,594</FONT></P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$471,946</FONT></P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">462,265</FONT></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Costs of sales</FONT></P>
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<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(473,911)</FONT></P>
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<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(285,595)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(389,571)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(428,051)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(410,450)</FONT></P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="40%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Gross profit</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">10,307</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">40,643</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">57,023</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">43,895</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">51,815</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="40%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Operating expenses</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(26,586)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(24,151)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(28,371)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(33,220)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(28,200)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="40%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Impairment of long-lived assets</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8212;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(77)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8212;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8212;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(22)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="40%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Impairment of goodwill</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8212;</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8212;</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8212;</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(8,791)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">&#8212;</FONT></P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="40%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Operating (loss) profit</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(16,279)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">16,415</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">28,652</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1,884</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">23,593</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="40%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Exchange (loss) gain</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(1,712)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">507</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">3,041</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(1,346)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2,398</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="40%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Net interest expense</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(4,107)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(1,139)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(872)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(808)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(640)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="40%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Share of net loss of equity investees</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(142)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(40)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(21)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(58)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(21)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="40%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Gain on liquidation of subsidiaries</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8212;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">568</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8212;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8212;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">279</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="40%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Loss on sale of investment</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8212;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8212;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8212;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(68)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8212;</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="40%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Others</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2,861</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2,111</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1,032</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1,032</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1,684</FONT></P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="40%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Income from continuing operations before income taxes</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">23,643</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">18,422</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">31,832</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">636</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">27,293</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="40%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Income taxes</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(2,132)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(4,647)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(6,441)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(4,566)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(8,383)</FONT></P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="40%">
<P style="MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Net (loss) income from continuing operations</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(21,511)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">13,775</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">25,391</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(3,930)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">18,910</FONT></P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="40%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(Loss) income from operations of discontinued SPFO</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=X-NONE face="Times New Roman">(689)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=X-NONE face="Times New Roman">1,150</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=X-NONE face="Times New Roman">446</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=X-NONE face="Times New Roman">1,075</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8212;</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="40%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Income tax expenses</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">0</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(697)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(450)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(229)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8212;</FONT></P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="40%">
<P style="TEXT-INDENT: -10.5pt; MARGIN: 0cm 0cm 0pt 20.5pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(Loss) income from discontinued operations</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(689)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">453</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(4)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">846</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8212;</FONT></P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="40%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Net (loss) income </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(22,200)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">14,228</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">25,387</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(3,084)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">18,910</FONT></P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="40%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Net (loss) income attributable to non-controlling interests</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(8,551)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">4,139</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">11,247</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2,355</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">7,961</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="40%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Net (loss) income attributable to APWC</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$(13,649)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$10,089</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$14,140</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$(5,439)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">10,949</FONT></P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="40%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Basic and diluted (loss) earnings per share from continuing operations<SUP>(1)</SUP></FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$(0.96)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$0.71</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$1.02</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$(0.49)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">0.79</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="40%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Basic and diluted (loss) earnings per share from discontinued operations<SUP>(1)</SUP></FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$(0.03)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$0.02</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$(0.00)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$0.10</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8212;</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="40%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Basic and diluted (loss) earnings per share<SUP>(1)</SUP></FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$(0.99)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$0.73</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$1.02</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$(0.39)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">0.79</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 3.25pt">
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.25pt; PADDING-TOP: 0cm" vAlign=top width="40%">
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.25pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.25pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.25pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.25pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.25pt; PADDING-TOP: 0cm" vAlign=top width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR></TABLE></DIV>
<a name="_bclFooter5"></a><DIV>
<P style="TEXT-ALIGN: left; MARGIN: 2pt 0cm 6pt" align=left><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 10.5pt" lang=X-NONE color=black face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -20pt; MARGIN: 0cm 0cm 0pt 20pt"><SUP><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(1)</FONT></SUP><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp; The calculation of the (loss) earnings &nbsp;per share is based on 13,830,769 basic and diluted weighted Common Shares issued and outstanding for the years ended December 31, 2008, 2009, 2010, 2011, and 13,830,751 for year ended 2012.</FONT></P>
<P style="TEXT-INDENT: -20pt; MARGIN: 0cm 0cm 0pt 20pt">&nbsp;</P>
</DIV></DIV>
<P style="TEXT-ALIGN: center">2</P>
<HR align=center SIZE=2 width="100%" noShade>
<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>


<A name=page_6></A>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV>
<DIV align=center>
<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" border=0 cellSpacing=0 cellPadding=0>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="40%">
<P style="TEXT-ALIGN: center; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt" align=center><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="60%" colSpan=5>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">As of December 31,</FONT></B></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="40%">
<P style="TEXT-ALIGN: center; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt" align=center><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">2008</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">2009</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">2010</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">2011</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">2012</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="100%" colSpan=6>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">(in thousands)</FONT></B></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="100%" colSpan=6>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="40%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Balance Sheet Data:</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="24%" colSpan=2>
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="40%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Cash and cash equivalents</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$37,510</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$41,534</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$63,217</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$76,672</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$72,816</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="40%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Working capital</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">100,428</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">127,139</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">170,653</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">170,956</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">183,714</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="40%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Total assets</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">309,798</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">296,052</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">386,923</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">337,289</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">389,384</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="40%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Total debt</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">59,694</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">38,917</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">69,083</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">54,545</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">59,577</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="40%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Total APWC shareholders&#8217; equity</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">114,129</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">127,392</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">153,194</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">146,510</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">161,717</FONT></P>
</TD></TR>
<TR>
     <TD width="40%">&nbsp;</TD>
     <TD width="12%" align=right>&nbsp;</TD>
     <TD width="12%" align=right>&nbsp;</TD>
     <TD width="12%" align=right>&nbsp;</TD>
     <TD width="12%" align=right>&nbsp;</TD>
     <TD width="12%" align=right>&nbsp;</TD></TR></TABLE></DIV>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 22.5pt; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 22.5pt; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">3.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Exchange Rates</FONT></B></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 22.5pt; MARGIN: 0cm 0cm 0pt"><STRONG></STRONG>&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Unless otherwise specified, all references in this Annual Report to &#8220;$,&#8221; &#8220;U.S. dollars&#8221; or &#8220;US$&#8221; are to United States dollars; all references to &#8220;Bt,&#8221; &#8220;Thai Baht&#8221; or &#8220;Baht&#8221; are to Baht, the legal tender currency of Thailand; all references to &#8220;S$&#8221; are to Singapore dollars, the legal tender currency of Singapore; all references to &#8220;A$&#8221; are to Australian dollars, the legal tender currency of Australia; and all references to &#8220;RMB&#8221; are to Chinese Renminbi, the legal tender currency of China.</FONT></P>
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<P style="TEXT-ALIGN: left; MARGIN: 2pt 0cm 6pt" align=left><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 10.5pt" lang=X-NONE color=black face="Times New Roman"></FONT>&nbsp;</P>
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<P style="TEXT-ALIGN: center">3</P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Unless otherwise noted, for the convenience of the reader, translations of amounts from Baht, Singapore dollars, Renminbi and Australian dollars to U.S. dollars have been made at the respective noon buying rates in New York City for cable transfers in those currencies as certified for customs purposes by the Federal Reserve Bank of New York (the &#8220;Noon Buying Rate&#8221;) on December 31, 2012.&nbsp; The respective Noon Buying Rates on December 31, 2012 were US$ 1.00 = Bt 30.59; S$ 1.221; RMB 6.230; and A$0.962.&nbsp; The respective Noon Buying Rates on April 19, 2012, the latest practicable date before publication of this Annual Report, were US$ 1.00 = Bt 28.6; S$ 1.237; RMB 6.177</FONT><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"> </FONT></B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">and A$ 0.971. </FONT><B><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&nbsp;</FONT></I></B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">No representation is made that the foreign currency amounts could have been or could be converted into U.S. dollars on these dates at these rates or at any other rates.</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Sources:&#8195;Federal Reserve Bulletin, Board of Governors of the Federal Reserve System.&nbsp; Federal Reserve Statistical Release H.10(512), from the website of the Board of Governors of the Federal Reserve System at </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">http://www.federalreserve.gov</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">.&nbsp;</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Thailand</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><EM></EM>&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">The Thai Baht is convertible into foreign currencies and is subject to a managed float against a basket of foreign currencies, the most significant of which is the U.S. dollar.&nbsp; The composition of the basket for determining the value of the Baht is not made public by the Bank of Thailand.&nbsp; The following tables set forth, for the periods indicated, certain information concerning the Noon Buying Rate of the Thai Baht.&nbsp; No representation is made that the Baht or U.S. dollar amounts referred to herein could have been or could be converted into U.S. dollars or Baht, as the case may be, at any particular rate or at all.</FONT></P>
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<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">Year Ended December 31,</FONT></B></P>
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<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">At Period End</FONT></B></P>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">Average<SUP>(1)</SUP></FONT></B></P>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">High</FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">Low</FONT></B></P>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="48%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%" colSpan=4 align=center>
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">(Bt per $1.00)</FONT></B></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="48%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2008</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">34.72</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">33.13</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">35.72</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">29.36</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="48%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2009</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">33.33</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">34.30</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">36.25</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">33.10</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="48%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2010</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">30.16</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">31.66</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">33.18</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">29.49</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="48%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2011</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">31.51</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">30.46</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">31.76</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">29.68</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="48%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2012</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">30.59</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">30.99</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">31.87</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">30.29</FONT></P>
</TD></TR></TABLE></DIV>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 70%; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV>
<P style="TEXT-INDENT: -20pt; MARGIN: 0cm 0cm 0pt 20pt"><SUP><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(1)</FONT></SUP><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp; Average means the average of the Noon Buying Rates on the last day of each month during a year.</FONT></P>
<P style="TEXT-INDENT: -20pt; MARGIN: 0cm 0cm 0pt 20pt">&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The high and low exchange rates for the six months preceding the date of this Annual Report were:</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt">&nbsp;</P>
<DIV align=center>
<TABLE style="WIDTH: 100%" border=0 cellSpacing=0 cellPadding=0>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 9.45pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 9.45pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">Month</FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 9.45pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">High</FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 9.45pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">Low</FONT></B></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">October 2012</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">30.76</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">30.55</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">November 2012</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">30.81</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">30.62</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">December 2012</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">30.67</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">30.58</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">January 2013</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">30.48</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">29.70</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">February 2013</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">29.93</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">29.74</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">March 2013</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">29.83</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">29.11</FONT></P>
</TD></TR></TABLE></DIV>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT></I>&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Singapore</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><EM></EM>&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Singapore dollar is convertible into foreign currencies and floats against a trade-weighted basket of foreign currencies, the composition of which is not made public by Singapore&#8217;s central bank, the Monetary <FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Authority of Singapore, but of which the U.S. dollar is a component.&nbsp; The following tables set forth, for the periods indicated, certain information concerning the Noon Buying Rate of the Singapore dollar.&nbsp; No representation is made that the Singapore dollar or U.S. dollar amounts referred to herein could have been or could be converted into U.S. dollars or Singapore dollars, as the case may be, at any particular rate or at all.</FONT></FONT></P>
<a name="_bclFooter7"></a><DIV>
<P style="TEXT-ALIGN: left; MARGIN: 2pt 0cm 6pt" align=left><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 10.5pt" lang=X-NONE color=black face="Times New Roman"></FONT>&nbsp;</P>
</DIV></DIV>
<P style="TEXT-ALIGN: center">4</P>
<HR align=center SIZE=2 width="100%" noShade>
<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>


<A name=page_8></A>
<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">
<a name="_bclHeader8"></a><DIV>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV>
<DIV align=center>
<TABLE style="WIDTH: 100%" border=0 cellSpacing=0 cellPadding=0>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="48%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">Year Ended December 31,</FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">At Period</FONT></B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman"><BR>
</FONT><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">End&nbsp;</FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">Average<SUP>(1)</SUP></FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">High</FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">Low</FONT></B></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="48%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%" colSpan=4>
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">(S$ per $1.00)</FONT></B></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="48%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="48%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2008</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.438</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.410</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.529</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.347</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="48%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2009</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.404</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.452</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.557</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.380</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="48%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2010</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.289</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.359</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.423</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.282</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="48%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2011</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.295</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.260</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.314</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.202</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="48%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2012</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.221</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.245</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.294</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.216</FONT></P>
</TD></TR></TABLE></DIV>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 70%; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV>
<P style="TEXT-INDENT: -20pt; MARGIN: 0cm 0cm 0pt 20pt"><SUP><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(1)</FONT></SUP><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp; Average means the average of the Noon Buying Rates on the last day of each month during a year.</FONT></P>
<P style="TEXT-INDENT: -20pt; MARGIN: 0cm 0cm 0pt 20pt">&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The high and low exchange rates for the six months preceding the date of this Annual Report were:</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt">&nbsp;</P>
<DIV align=center>
<TABLE style="WIDTH: 100%" border=0 cellSpacing=0 cellPadding=0>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">Month</FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">High</FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">Low</FONT></B></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">October 2012</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.232</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.216</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">November 2012</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.229</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.220</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">December 2012</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.223</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.217</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">January 2013</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.238</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.220</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">February 2013</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.241</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.236</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">March 2013</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.252</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.239</FONT></P>
</TD></TR></TABLE></DIV>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 70%; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Sources:&#8195;Federal Reserve Bulletin, Board of Governors of the Federal Reserve System.&nbsp; Federal Reserve Statistical Release H.10(512), from the website of the Board of Governors of the Federal Reserve System at http://www.federalreserve.gov.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT></I>&nbsp;</P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">China</FONT></I></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><EM></EM>&nbsp;</P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The PRC government imposes control over its foreign currency reserves in part through direct regulation of the conversion of Renminbi into foreign currencies and through restrictions on foreign trade.&nbsp; The following tables set forth, for the periods indicated, certain information concerning the Noon Buying Rate of the Renminbi.&nbsp; No representation is made that the Renminbi or U.S. dollar amounts referred to herein could have been or could be converted into U.S. dollars or Renmimbi, as the case may be, at any particular rate or at all.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt">&nbsp;</P>
<DIV align=center>
<TABLE style="WIDTH: 100%" border=0 cellSpacing=0 cellPadding=0>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="48%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">Year Ended December 31,</FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">At Period End</FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">Average<SUP>(1)</SUP></FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">High</FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">Low</FONT></B></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="48%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%" colSpan=4>
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">(RMB per $1.00)</FONT></B></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="48%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="48%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2008</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.823</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.919</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">7.295</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.780</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="48%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2009</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.826</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.830</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.847</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.818</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="48%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2010</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.600</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.760</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.833</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.600</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="48%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2011</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.294</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.460</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.636</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.294</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="48%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2012</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.230</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.299</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.338</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.222</FONT></P>
</TD></TR></TABLE></DIV>
<a name="_bclFooter8"></a><DIV>
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<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV>
<P style="TEXT-INDENT: -20pt; MARGIN: 0cm 0cm 0pt 20pt"><SUP><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(1)</FONT></SUP><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp; Average means the average of the Noon Buying Rates on the last day of each month during a year.</FONT></P>
<P style="TEXT-INDENT: -20pt; MARGIN: 0cm 0cm 0pt 20pt">&nbsp;</P>
</DIV></DIV>
<P style="TEXT-ALIGN: center">5</P>
<HR align=center SIZE=2 width="100%" noShade>
<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>


<A name=page_9></A>
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<a name="_bclHeader9"></a><DIV>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The high and low exchange rates for the six months preceding the date of this Annual Report were:</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt">&nbsp;</P>
<DIV align=center>
<TABLE style="WIDTH: 100%" border=0 cellSpacing=0 cellPadding=0>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">Month</FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">High</FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">Low</FONT></B></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">October 2012</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.288</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.237</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">November 2012</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.245</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.222</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">December 2012</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.250</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.225</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">January 2013</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.230</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.213</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">February 2013</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.244</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.221</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">March 2013</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.225</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.211</FONT></P>
</TD></TR></TABLE></DIV>
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<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV>
<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Sources:&#8195;Federal Reserve Bulletin, Board of Governors of the Federal Reserve System.&nbsp; Federal Reserve Statistical Release H.10 (512), from the website of the Board of Governors of the Federal Reserve System at http://www.federalreserve.gov.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT></I>&nbsp;</P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Australia</FONT></I></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><EM></EM>&nbsp;</P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The following tables set forth, for the periods indicated, certain information concerning the Noon Buying Rate of the Australian dollar.&nbsp; No representation is made that the Australian dollar or U.S. dollar amounts referred to herein could have been or could be converted into U.S. dollars or Australian dollars, as the case may be, at any particular rate or at all.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt">&nbsp;</P>
<DIV align=center>
<TABLE style="WIDTH: 100%" border=0 cellSpacing=0 cellPadding=0>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="48%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">Year Ended December 31,</FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">At Period </FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">Average<SUP>(1)</SUP></FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">High</FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">Low</FONT></B></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="48%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%" colSpan=4>
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">(A$ per $1.00)</FONT></B></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="48%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="48%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2008</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.141</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.177</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.647</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.021</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="48%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2009</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.114</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.252</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.587</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.067</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="48%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2010</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">0.988</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.087</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.224</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">0.985</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="48%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2011</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">0.976</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">0.968</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.058</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">0.907</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="48%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2012</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">0.962</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">0.964</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.032</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">0.925</FONT></P>
</TD></TR></TABLE></DIV>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 70%; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV>
<P style="TEXT-INDENT: -20pt; MARGIN: 0cm 0cm 0pt 20pt"><SUP><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(1)</FONT></SUP><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp; Average means the average of the Noon Buying Rates on the last day of each month during a year.</FONT></P>
<P style="TEXT-INDENT: -20pt; MARGIN: 0cm 0cm 0pt 20pt">&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The high and low exchange rates for the six months preceding the date of this Annual Report were:</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt">&nbsp;</P>
<DIV align=center>
<TABLE style="WIDTH: 100%" border=0 cellSpacing=0 cellPadding=0>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">Month</FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">High</FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Low</FONT></B></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">October 2012</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">0.982</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">0.962</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">November 2012</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">0.969</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">0.955</FONT></P>
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     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">December 2012</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">0.966</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">0.947</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">January 2013</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">0.961</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">0.945</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">February 2013</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">0.980</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">0.960</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">March 2013</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">0.984</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">0.954</FONT></P>
</TD></TR></TABLE></DIV>
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<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
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<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Sources:&#8195;Federal Reserve Bulletin, Board of Governors of the Federal Reserve System.&nbsp; Federal Reserve Statistical Release H.10 (512), from the website of the Board of Governors of the Federal Reserve System at http://www.federalreserve.gov.</FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 22.5pt; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">3.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Risk Factors</FONT></B></P>
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<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">You should carefully consider the following risks before you decide to buy our Common Shares.&nbsp; If any one of these risks or uncertainties were to occur, our business, financial condition, results and performance could be seriously harmed and/or the price of our Common Shares might significantly decrease.&nbsp; The risks and uncertainties described in this Annual Report on Form 20-F are not the only ones facing us.&nbsp; Additional risks and uncertainties that currently are not known to us or that we currently believe are immaterial also may adversely affect our businesses and operations.</FONT></P>
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<P style="TEXT-INDENT: 36pt; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">3.3.1&nbsp;&nbsp;&nbsp;&nbsp; Risks Related to PCAOB Inspection</FONT></B></P>
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<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Our auditor, Ernst &amp; Young, is headquartered in Taiwan (&#8220;E&amp;Y Taiwan&#8221;). Taiwan permits independent registered public accounting firms to be subject to inspection by the Public Company Accounting Oversight Board (&#8220;PCAOB&#8221;) to assess the auditor&#8217;s compliance with applicable PCAOB professional standards. However, the audit component team for the China operations of the Company is composed of the affiliated firm of E&amp;Y Taiwan in China ("E&amp;Y China"). E&amp;Y China, like other independent registered public accounting firms operating in China, is not permitted to be subject to inspection by PCAOB. Therefore, investors may be deprived of the benefits arising from PCAOB inspections of the audit conducted by E&amp;Y China of the Company&#8217;s China operations. &nbsp;</FONT></P>
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<P style="TEXT-INDENT: 36pt; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">3.3.2&nbsp;&nbsp;&nbsp;&nbsp; Risks Related to Loan Covenants</FONT></B></P>
<P style="TEXT-INDENT: 36pt; MARGIN: 0cm 0cm 0pt"><STRONG></STRONG>&nbsp;</P>
<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Our credit facility agreement (the &#8220;Credit Agreement&#8221;) with Bangkok Bank Hong Kong Branch (the &#8220;Bank&#8221;) was entered into on March 17, 2011 with a total cash loan of $14 million and a trade facility of $8 million. The cash loan carries an interest rate of Singapore Inter-bank Borrowing Rate (&#8220;SIBOR&#8221;) plus 2.5% (later amended to 2.75% on December 27, 2012), with a term of 5.5&nbsp;years. This agreement requires us to maintain at all times certain financial covenants and non-financial covenants for both the guarantor, APWC, and borrower, Crown Century Holdings Ltd. (&#8220;CCH HK&#8221;).&nbsp; As of June 1, 2012, the Bank amended its Credit Agreement to make less onerous the financial covenants ratios applicable to the borrower and the guarantor. Since those amendments, APWC and CCH have been in compliance with all of the financial covenant ratios in the Credit Agreement. On December 27, 2012, the Bank again amended its non-financial covenants so that CCH HK should no longer be regarded by the Bank as a 100% direct owned subsidiary of PRC APWC Holdings. <FONT style="COLOR: #000000; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">However, the Company decided to&nbsp;prepay the outstanding loan balance in the first quarter of 2013. Consequently, the outstanding loan balance was re-classified as a current liability as of December&nbsp;31, 2012.</FONT></FONT></FONT></P>
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<P style="TEXT-INDENT: 21.2pt; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">However, in addition to certain financial covenants relating to our financial position, operating performance and liquidity, the restrictions contained in our Credit Agreement may limit our ability to, or give rise to a risk of default if, among other things:</FONT></P>
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<P style="TEXT-INDENT: -27pt; MARGIN: 0cm 0cm 0pt 27pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face=wingdings>&#376;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">we incur additional indebtedness for CCH HK for factory expansions, if any;</FONT></P>
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<P style="TEXT-INDENT: -27pt; MARGIN: 0cm 0cm 0pt 27pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face=wingdings>&#376;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">we fail to maintain our listing on the NASDAQ Stock Market, Inc. (&#8220;NASDAQ&#8221;) or are suspended for more than ten days, in the event that APWC&#8217;s stock price were to fall under $1 for consecutive thirty 30 days on NASDAQ;</FONT></P>
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<P style="TEXT-INDENT: -27pt; MARGIN: 0cm 0cm 0pt 27pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face=wingdings>&#376;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">create liens on CCH HK&#8217;s assets;</FONT></P>
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<P style="TEXT-INDENT: -27pt; MARGIN: 0cm 0cm 0pt 27pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face=wingdings>&#376;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">enter into business combinations (if it would be interpreted as major change in our business) or disposal of subsidiaries under CCH HK and under APWC; and</FONT></P>
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<P style="TEXT-INDENT: 22.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Our ability to comply with the requirements of the Credit Agreement is subject to certain risks, including:</FONT></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -27pt; MARGIN: 0cm 0cm 0pt 27pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face=wingdings>&#376;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">our ability to sustain the net worth requirements for CCH HK and APWC, if our organic growth in future years for CCH HK and for APWC is not sufficient;</FONT></P>
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<P style="TEXT-INDENT: -27pt; MARGIN: 0cm 0cm 0pt 27pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face=wingdings>&#376;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">our ability to meet the proposed waivers which are still under negotiation with the Bank if our actual operational performance is not sufficient; and</FONT></P>
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<P style="TEXT-INDENT: -27pt; MARGIN: 0cm 0cm 0pt 27pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face=wingdings>&#376;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">future covenant compliance issues, in the event of a rise in copper prices that leads to a material increase&nbsp; in the Company&#8217;s indebtedness.</FONT></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Our ability to comply with the loan covenants may also be affected by economic, financial and industry conditions, commodity prices such as copper and other factors beyond our control. </FONT></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">For further information, see section 5.7 &#8220;Off-Balance Sheet Arrangement&#8221;.</FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 36pt; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">3.3.3&nbsp;&nbsp;&nbsp;&nbsp; Risks Related to the Global Economic and Financial Crisis</FONT></B></P>
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<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The aftermath of the 2008 global financial crisis continues to impact the Company, our customers and the markets in which we operate. One effect has been the growth of what some commentators refer to as hyper-competition, meaning an increase in competition among participants in various sectors competing for customers in a diminishing demand environment. The growth of emerging markets, including those markets in which conduct business, has continued, but the rate of growth and investment has curtailed and future demand prospects are uncertain.</FONT></P>
<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt">&nbsp;</P>
<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The ongoing recession in the Euro zone may indirectly impact the business of the Company as the outcome of the Euro crisis may well affect global lending rates and policies, which could impact demand from our customers. China recently installed new leadership </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN face="Times New Roman">and while the outcome of this tightly scripted affair is not in doubt, the economic policy consequences are: will there be more fiscal or monetary stimulus, or greater liberalization of the economy? It will take months to find out. </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The high corporate and individual debt levels in China, and the possibility of a housing bubble, raise serious questions regarding the level of infrastructure investment that will be undertaken in the near term. The political situation in Thailand has stabilized for the time being; however, unrest in the future could adversely impact the level of infrastructure investment, and customer demand for our products, as has happened in the past.</FONT></P>
<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 9.5pt" lang=EN-US face=arialmt,sans-serif></FONT>&nbsp;</P>
<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Actual and Possible Impacts on the Company</FONT></I></P>
<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt"><EM></EM>&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">A comparison of copper prices on the London Metals Exchange (the &#8220;LME&#8221;) between 2011 and 2012 shows that the average prices for copper fell 10% in 2012.&nbsp; The effect of that decrease has further impacted the Company&#8217;s ability to improve its overall financial performance, particularly since May 2012. The decrease in average LME copper price over 2012 was the principal contributing factor to the drop in 2012 of our ASP (average selling price) compared with 2011. &nbsp;In Thailand, the net sales were slightly lower as our production and our ability to ship our products was curtailed by the nationwide flooding in 2011 that affected Thailand and severely disrupted many business operations in that country well into 2012. &nbsp;In Australia and Singapore, we witnessed an increase in net sales, as manufactured products and distributed products each enjoyed a higher turnover.</FONT></P>
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<P style="TEXT-ALIGN: center">8 </P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&nbsp;Copper prices on the LME dropped throughout the last two months of 2012 to lower than $8,000 per ton. Consistent with industry practice, customers would expect that the selling prices of our products, particularly of copper based wires, would therefore be lower than the first half of 2012. &nbsp;The decrease in copper prices and other commodity prices also resulted in a decreased turnover for the last part of the year, as customers delayed placing orders with the Company or reduced the quantity of such orders in anticipation of a possible further reduction in copper prices.&nbsp; A further decrease in copper prices would likely have an adverse effect on the revenues of the Company. </FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">When compared with 2011 sales, overall sales of Manufactured Products in 2012 decreased by 6.6%. Power cables recorded the greatest increase which was offset by a decrease in enameled wire sales. Sales of supply, delivery and installation project services decreased by 62%, while sales of distributed wire and cable products increased by 115%.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt">&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company is unable to determine the precise impact of the Euro zone fiscal crises, and the fragile state of the global recovery, on its operations and cash flow, since its operating results are also affected by factors that are, or may be, unrelated to the economic turmoil, such as the completion of routine purchase cycles by customers and the completion,</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=blue face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">expansion or contraction of large infrastructure projects.&nbsp; However, the Company has concluded that the</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=blue face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">current economic instability has negatively affected the Company&#8217;s operations and cash flow. The Company believes that any efforts to forecast likely future performance with any degree of specificity would be fraught with uncertainty.&nbsp; Accordingly, the Company cautions against placing reliance on any efforts to identify trends for the foreseeable future.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt">&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Macroeconomic events and conditions may have a material adverse impact on the Company&#8217;s business operations until such time as the global financial crisis has substantially abated and financial and economic conditions have materially improved.&nbsp; The Company notes, however, that the foregoing is subject to a number of unknown variables, including the impact of actions taken or that may be taken in the future by governmental entities to address the capital needs of banks and other financial institutions and to increase the flow of credit to businesses.</FONT></P>
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<P style="TEXT-INDENT: 36pt; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">3.3.4&nbsp;&nbsp;&nbsp;&nbsp; Risks Related to the Common Shares and Corporate Governance</FONT></B></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Consolidation of Charoong Thai Group Accounts</FONT></I></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">As of December 31, 2012, the Company effectively owned 50.93% of the issued and outstanding shares of Charoong Thai Wire and Cable Public Company Limited (&#8220;Charoong Thai&#8221; or &#8220;CTW&#8221;), a decrease from the Company&#8217;s initial ownership percentage which is attributable to the exercise of warrants or conversion of convertible securities by third parties.&nbsp; The Company&#8217;s present intention is to maintain majority ownership of the voting securities of Charoong Thai.&nbsp; However, there may be circumstances under which the Company cannot maintain majority ownership of Charoong Thai.&nbsp; In the event Charoong Thai were to make a further offering of voting securities, or securities convertible into or exchangeable for voting securities, and the Company was not in a position to fund or finance its participation in the offering, the ownership interest of the Company in Charoong Thai could fall below 50%.&nbsp; If the Company&#8217;s ownership percentage in Charoong Thai were to fall below 50%, the accounts of the Charoong Thai group, which includes all of the Company&#8217;s Thailand operations, would not be consolidated but instead would be accounted for under the equity method.&nbsp; In such an event, the Company&#8217;s accounts would show a decrease in revenue and most categories of assets and liabilities, which events could have a material adverse effect on the value of the Common Shares.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Potential Illiquidity of Common Shares</FONT></I></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Approximately 75.5% of our Common Shares are either unregistered securities or registered securities held by affiliates (or were repurchased by the Company), which are subject to restrictions on trading.&nbsp; Accordingly, approximately 75% of our Common Shares are not fully liquid investments.&nbsp; Since April 2011, when APWC was listed on NASDAQ, the <FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">volume of trading in our Common Shares has picked up fractionally.&nbsp; However, the value of our Common Shares may be impacted negatively by their relative illiquidity when compared to the publicly-traded shares of many issuers.</FONT></FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Control of the Company Rests with Majority Shareholder; Controlled Company Exemption; Risks Related to PEWC</FONT></I></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">As the majority shareholder, Pacific Electric Wire &amp; Cable Co., Ltd. (&#8220;PEWC&#8221;) has sufficient votes to control the outcome of any matters presented for a shareholder vote, including the election of the members of the Board of Directors.&nbsp; PEWC may vote its shares in the Company in the manner that it sees fit.&nbsp; In addition, subject to compliance with applicable securities laws, PEWC may sell, convey or encumber all or a portion of its ownership interest in the Company without regard to the best interests of the other shareholders of the Company except to the extent that it is: (i) prohibited from engaging in conduct oppressive to minority interests under applicable law and (ii) required to comply with the terms of the Amended and Restated Shareholders&#8217; Agreement dated March 27, 2009 among the Company, PEWC and MSD Credit Opportunity Master Fund</FONT><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">, L.P</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">. (&#8220;COF&#8221;) (as the assignee of </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">SOF Investments, L.P.</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"> (&#8220;SOF&#8221;) in July 2011), a Delaware limited partnership which owns beneficially approximately 9.8% of the issued and outstanding Common Shares (the &#8220;Amended and Restated Shareholders Agreement&#8221;).</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Common Shares of the Company are traded on the NASDAQ Global Markets tier.&nbsp; However, as the Company has a more than fifty percent (50%) shareholder, the Company is entitled to rely upon a &#8220;controlled company exemption&#8221; to the requirement that a company have a board of directors comprised of a majority of independent directors in order to be listed on NASDAQ. At present, a majority of the board of directors of the Company is affiliated with PEWC.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 5pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">PEWC was delisted from the Taipei Stock Exchange in 2003 following the disclosure of a major corporate scandal involving fraud and embezzlement by certain former executives of PEWC, one or more of whom are now serving prison sentences for their actions. Commencing in 2004, PEWC brought a number of actions in different jurisdictions against those former executives and others seeking to recover substantial assets that had been misappropriated. Some of those actions are ongoing. PEWC is still seeking to recover financially, and in terms of its market reputation, from the malfeasance of those former executives. The financial and governance problems experienced by PEWC increase the uncertainty regarding its ability to perform under the Composite Services Agreement between PEWC and the Company, although to date PEWC has met its obligations under that agreement. (See---section 10.3 Material Contracts).</FONT></P>
<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 12pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Limited Trading Volume</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 5pt 0cm"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Although our Common Shares are traded on the NASDAQ Global Markets tier, trading in, and demand for, our Common Shares has been limited. As a consequence, shareholders may find that their ability to sell their Common Shares quickly or in substantial amounts is adversely affected by the limited public trading market.&nbsp; Thinly-traded equity can be more volatile than equity securities traded in an active trading market.&nbsp; The high and low daily closing price for our Common Shares during the past 24 months (March 2010 &#8211; March 2012) has been $7.85 and $1.92, respectively.&nbsp; In the future, our Common Shares may experience significant price fluctuations which could adversely affect the value of your ownership interest in the Company.</FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Disclosure Controls and Procedures and Internal Control over Financial Reporting</FONT></I></P>
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<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Our management is responsible for establishing and maintaining adequate internal control over financial reporting, as defined und</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">er Rule&nbsp;13a-15(f) under the Securities Exchange Act of 1934. </FONT></P>
<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Based on the Company&#8217;s evaluation under the applicable framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (&#8220;COSO&#8221;), our management concluded that a material weakness in the Company&#8217;s internal controls over financial reporting was identified.</FONT></P>
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<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">In connection with the audit of our consolidated financial statements as of and for the year ended December&nbsp;31, 2012, our independent registered public accounting firm determined also the existence of a material weakness. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting such that there is a reasonable possibility that a material misstatement of the registrant&#8217;s annual or interim financial statements will not be prevented or detected on a timely basis by the company&#8217;s internal controls. &nbsp;</FONT></P>
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<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Deficiencies were noted in our controls over complex and non-routine transactions in our financial statement closing process. These deficiencies were attributable to our decentralized reporting structure, our complex and manual consolidation process and inadequate reviews over account balances at the reporting date. The aggregate effect of these deficiencies represented a material weakness. Based on this assessment, the Company&#8217;s management, including its CEO and CFO, concluded that the Company&#8217;s internal control over financial reporting was ineffective as of December 31, 2012.</FONT></P>
<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Some of the above-described deficiencies, the material weakness and the conclusion by our CEO and our CFO that the Company&#8217;s internal controls over financial reporting were ineffective as of December 31, 2012 were disclosed also in the Company&#8217;s annual report on Form 20-F for the year ended December 31, 2011 (the &#8220;2011 Annual Report&#8221;). Other deficiencies noted in our 2011 Annual Report were corrected by management and the Company subsequent to December 31, 2011. (See---Item 15 for a discussion of remedial measures undertaken by the Company).</FONT></FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt 21.1pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Delinquency in Reporting Obligations; Reporting of Financial Results</FONT></I></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">The Company is currently compliant with its reporting obligations under the Securities Exchange Act of 1934, as amended (the &#8220;Exchange Act&#8221;), and believes that it has addressed certain corporate governance obstacles that led to its delinquency in filing its annual report six years ago.&nbsp; As a foreign private issuer, the Company is not required by the rules of the Commission to provide financial results on a quarterly or semi-annual basis.&nbsp; In addition, Bermuda law does not require the Company to provide interim financial information to its shareholders, whether on a quarterly or semi-annual basis.&nbsp; As such, investors may not have the same access to financial information of the Company as they customarily receive in the case of a domestic issuer disclosing quarterly results on a Form 10-Q.&nbsp; Under the NASDAQ rules; however, listed issuers are required to report semi&#8209;annual unaudited financial results, which the Company has done since its listing on NASDAQ. </FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Potential Conflict of Certain Officers and Directors</FONT></I></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">In March 2011, the Company appointed a third independent director as required by NASDAQ. Other than our three independent directors, all of the members of the Board of Directors are also directors or officers or otherwise affiliated with PEWC, the majority shareholder.&nbsp; Certain of our officers are also affiliated with PEWC.&nbsp; In each case, they may be subject to potential conflicts of interest.&nbsp; In addition, certain of our officers and directors who are also officers and/or directors of PEWC may be subject to conflicts of interest in connection with, for example, pursuing corporate opportunities in which we and PEWC or one of its affiliates have competing interests, and the performance by us and PEWC of our respective obligations under existing agreements, including the Composite Services Agreement (discussed in section 10.3).&nbsp; In addition, some of these persons will devote time to the business and affairs of PEWC and its affiliates as is appropriate under the circumstances, which could reduce the amount of time available for overseeing or managing our business and affairs.&nbsp; Notwithstanding any such potential conflicts, however, such individuals, in their capacities as our directors and officers, are subject to fiduciary duties to our shareholders.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">The Bermuda Companies Act 1981, as amended (the &#8220;Companies Act&#8221;), subjects our officers and directors to certain fiduciary standards in the exercise of their executive and management duties on behalf of the Company.&nbsp; Under the Companies Act, an officer of ours (which term includes our directors) is subject to a duty of care requiring him to act honestly, in good faith and in the best interests of the Company in the discharge of his duties and to, among other things, give notice to the Board of Directors at the first opportunity <FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">of any interest he has in any material contract or proposed material contract with us or any of our subsidiaries.&nbsp; The Companies Act also prohibits us, subject to certain exceptions, from making loans to any directors without first obtaining the consent of shareholders holding in the aggregate not less than nine-tenths of the total voting rights of all the shareholders having the right to vote at any shareholders meeting.&nbsp; We do not make any loans to our directors or executive officers in accordance with the provisions of The Sarbanes-Oxley Act of 2002.</FONT></FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Obligations under the Amended and Restated Shareholders Agreement</FONT></I></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Pursuant to the original shareholders agreement dated June 28, 2007 (the &#8220;Shareholders Agreement&#8221;), the Company granted to SOF certain rights and protections (now held by COF, as successor-in-interest to SOF, as explained below).&nbsp; Under the Shareholders Agreement, the Company agreed to indemnify SOF and its partners and certain of its affiliates (the &#8220;SOF Indemnified Persons&#8221;), for any additional taxes, interest, penalties and other costs that might be imposed upon or incurred by the SOF Indemnified Persons in the event that the Company is determined by the Internal Revenue Service (the &#8220;IRS&#8221;) to be a &#8220;controlled foreign corporation&#8221; (a &#8220;CFC&#8221;) or a &#8220;passive foreign investment company&#8221; (a &#8220;PFIC&#8221;), as such terms are interpreted and defined under IRS rules and regulations.&nbsp; The Company has determined that it was not a CFC or PFIC at any time during the 2012 fiscal year and does not believe that it is likely to become a CFC or a PFIC; however, the Company cannot provide any assurances that it will not become a CFC or a PFIC in the future.&nbsp; </FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">In addition, the Company granted certain registration rights to SOF with respect to its Common Shares (the &#8220;Registrable Securities&#8221;) in the Shareholders Agreement.&nbsp; In particular, the Company agreed to use its reasonable best efforts to prepare and file, and cause to go effective, as soon as practicable, a shelf registration statement covering the resale of the Registrable Securities on a delayed or continuous basis.&nbsp; The Company also agreed to use its reasonable best efforts to keep its shelf registration statement effective until all Registrable Securities have been sold or until all Registrable Securities may be sold without restriction pursuant to Rule 144 promulgated pursuant to the Securities Act of 1933, as amended.&nbsp; In addition, the Company granted to SOF two demand registration rights for underwritten offerings and customary piggyback registration rights with regard to the Registrable Securities.&nbsp; Moreover, the Company agreed to use its reasonable best efforts to cause the Common Shares to be listed on a national &#8220;Securities Market,&#8221; which means any of the NASDAQ Stock Market, Inc. (Global Market or Global Select Market), the American Stock Exchange LLC (now known as NYSE Amex Equities) or the New York Stock Exchange LLC, not later than January 31, 2009, subject to notice and a sixty (60) day cure period.&nbsp; All of the costs and expenses of the Company in connection with the fulfillment of its obligations under the Shareholders Agreement were to be paid by the Company, other than underwriting fees, discounts and commissions attributable to the sale of Common Shares held by SOF.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Under the Shareholders Agreement, if the Company failed to fulfill its obligations thereunder, SOF would have a claim for damages against the Company.&nbsp; No such claim has been made.&nbsp; In addition, if the Company fulfilled its reasonable best efforts undertakings but failed to meet one or more of the stated goals, SOF would have a put right of their Common Shares to PEWC.&nbsp; In accordance with those terms, on February 2, 2009, SOF delivered to PEWC notice of its exercise of the put right under the Shareholders Agreement due to the fact that the Common Shares were not listed on a national Securities Market as of January&nbsp;31, 2009.&nbsp; On March 27, 2009, SOF sold 51% of its Common Shares to PEWC pursuant to the terms of a share purchase agreement between those parties.&nbsp; Upon the consummation of that share purchase agreement, SOF held 1,355,415 registered Common Shares of the Company and PEWC held 1,410,739 registered Common Shares, respectively, representing 9.8% and 10.2% of the outstanding Common Shares, with PEWC holding an additional 7,664,615 unregistered Common Shares, giving it an aggregate of 65.6% of the total issued and outstanding Common Shares.&nbsp; In connection with this transaction, the Company, PEWC and SOF entered into the Amended and Restated Shareholders Agreement, which among other things, granted to the Company an extension for listing the Common Shares on a national Securities Market until February 2011 and maintained for SOF the right to sell its remaining Common Shares to PEWC in the event the Company did not list its Common Shares on a national Securities Market by such time.&nbsp; </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">In April 2011, the Common Shares of the Company were approved for trading on the NASDAQ Capital Markets tier, which tier does not fit within the <FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">definition of a national &#8220;Securities Market&#8221;, as provided in the Amended and Restated Shareholders Agreement.&nbsp; As of July 1, 2011, SOF transferred its Common Shares to COF, at which time COF executed a joinder agreement and became a party to the Amended and Restated Shareholders Agreement and succeeded to the rights and interests of SOF thereunder.&nbsp; The Company is not aware that COF has taken any action with respect to the Common Shares held by it.</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"> The Amended and Restated Shareholders Agreement also provides for those put, registration and indemnification rights set forth above in the description of the Shareholders Agreement and such rights now apply to COF in place of SOF.&nbsp; While the sale of Common Shares by SOF to PEWC resulted in PEWC holding a higher concentration of Common Shares which may impact liquidity for the other shareholders, the Company does not believe that any definitive impact can be determined.&nbsp; </FONT></FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">In addition, sales of Common Shares held by COF and registered under the shelf registration statement, or any registration statement that goes effective following an exercise of demand registration rights, will increase the number of Common Shares available for purchase in the public market and may adversely affect the value of the Common Shares held by other shareholders.&nbsp; Even without substantial sales by COF or PEWC of their respective Registrable Securities, the possibility of such sales may create a &#8220;market overhang&#8221; that has the effect of depressing the trading price of the Common Shares.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">The Company has also granted to COF preemptive rights in the event of any issuance of additional equity securities (or securities convertible into or exchangeable for equity securities) by the Company, such that COF may subscribe for additional securities in order to maintain its then percentage ownership interest in the issued and outstanding equity securities of the Company.</FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Holding Company Structure; Potential Restrictions on the Payment of Dividends</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">We have no direct business operations other than our ownership of the capital stock of our subsidiaries and joint venture holdings.&nbsp; While we have no present intention to pay dividends, should we decide in the future to do so, as a holding company our ability to pay dividends and meet our other obligations will depend upon the amount of distributions, if any, received from our operating subsidiaries and other holdings and investments.&nbsp; Our operating subsidiaries and other holdings and investments, from time to time, may be subject to restrictions on their ability to make distributions to us, including as a result of restrictive covenants contained in loan agreements, restrictions on the conversion of local currency earnings into U.S. dollars or other hard currency and other regulatory restrictions.&nbsp; For example, PRC legal restrictions permit payments of dividends by our business entities in the PRC only out of their retained earnings, if any, determined in accordance with relevant PRC accounting standards and regulations.&nbsp; Under PRC law, such entities are also required to set aside a portion of their net income each year to fund certain reserve funds.&nbsp; These reserves are not distributable as cash dividends.&nbsp; The foregoing restrictions may also affect our ability to fund operations of one subsidiary with dividends and other payments received from another subsidiary.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Requirement to Maintain Effectiveness of the Registration Statement and to List on a National Securities Exchange; Effect of the Put of the COF Shares to PEWC</FONT></I></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Under the Amended and Restated Shareholders Agreement, COF has retained the right to sell its remaining Common Shares (the &#8220;COF Shares&#8221;) to PEWC if the Company does not achieve a listing on a national Securities Market within the time frame provided in the agreement. </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&nbsp;The Company&#8217;s Common Shares are currently listed on the NASDAQ Global Markets tier.</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"> In addition, the Company has agreed to maintain the effectiveness of the registration statement on Form F-3, for the benefit of COF, and if the Company fails to do so for any period of thirty (30) consecutive trading days or an aggregate of sixty&nbsp;(60) trading days during any twelve month period, then COF may, subject to compliance with notice and other procedural requirements, exercise a right to sell its remaining Common Shares to PEWC.&nbsp; At all times, the Company must exercise its reasonable best efforts to comply with its covenants under the Amended and Restated Shareholders Agreement.&nbsp; Otherwise, the Company could be subject to a damages claim by COF.&nbsp; </FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Corporate Matters; Limited Recourse; Limited Enforceability</FONT></I></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">We are incorporated in and organized pursuant to the laws of Bermuda.&nbsp; In addition, all of our directors and officers reside outside the United States and our material assets are located outside the United States.&nbsp; As a result, it may be difficult for investors to effect service of process within the United States upon such persons or to realize against them in courts of the United States upon judgments predicated upon civil liabilities under the United States federal securities laws.&nbsp; Even if investors are successful in realizing against such persons in courts of the United States, the laws of Taiwan may render such investors unable to enforce the judgment against the Company&#8217;s assets or the assets of its officers and directors.&nbsp; Also, investors may have difficulty in bringing an original action based upon the United States federal securities law against such persons in the Taiwan courts.&nbsp; Additionally, we have been advised by our legal counsel in Bermuda, Appleby (Bermuda) Limited, that there is doubt as to the enforcement in Bermuda, in original actions or in actions for enforcement of judgments of United States courts, of liabilities predicated upon U.S. federal securities laws, although Bermuda Courts will enforce foreign judgments for liquidated amounts in civil matters subject to certain conditions and exceptions.&nbsp; As a result, shareholders may encounter more difficulties in enforcing their rights and protecting their interests in the face of actions taken by management, the Board of Directors or controlling shareholders than they would if the Company were organized under the laws of the United States or one of the states therein, or if the Company had material assets located within the United States or some of the directors and officers were resident within the United States.&nbsp; See &#8220;Enforceability of Certain Civil Liabilities&#8221; for additional information.</FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 36pt; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">3.3.5&nbsp;&nbsp;&nbsp;&nbsp; Risks Relating to Our Business</FONT></B></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Risks Relating to Copper</FONT></I></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Copper is the principal raw material we use, accounting for a majority of the cost of sales.&nbsp; We purchase copper at prices based on the average prevailing international spot market prices on the LME for copper for the one month prior to purchase, or the first five days of current average copper price.&nbsp; The price of copper is affected by numerous factors beyond our control, including international economic and political conditions, supply and demand, inventory levels maintained by suppliers, actions of participants in the commodities markets and currency exchange rates.&nbsp; As with other costs of production, changes in the price of copper may affect the Company&#8217;s cost of sales.&nbsp; Whether this has a material impact on our operating margins and financial results depends primarily on the Company&#8217;s ability to adjust selling prices to its customers, such that increases and decreases in the price of copper are fully reflected in those selling prices.&nbsp; Most of our sales of manufactured products reflect the cost of copper used to manufacture those products at the time the products are ordered.&nbsp; In the ordinary course of business we maintain inventories of raw materials and finished products reasonably necessary for the conduct of our business.&nbsp; These inventories typically reflect the cost of copper prevailing in the market at the time of purchase.&nbsp; A long-term decrease in the price of copper would require the Company to revalue its inventory at periodic intervals to the then net realizable value, which could be below cost.&nbsp; Copper prices have been subject to considerable volatility and it is not always possible to manage our copper purchases and inventory so as to neutralize the impact of copper price volatility.&nbsp; Accordingly, significant volatility in copper prices could have an adverse effect on our operations.&nbsp; In November 2012, the average LME copper price dropped from $8,000 to just below $7,700 per ton, affecting our sales in the last two months of copper based products, as much of the Company&#8217;s copper inventory was procured prior to the price decline.&nbsp; No assurance can be given that such volatility will not recur.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Risks related to our Customer Base and our Geographic Markets</FONT></I></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Our sales of manufactured and distributed products are made primarily to customers that use our products as components in their own products or in construction or infrastructure projects in which they participate.&nbsp; The volume of our sales is dependent largely on general economic conditions in the markets in which we compete, including how much our customers invest in their own product manufacturing or project development.&nbsp; Increases or decreases in economic activity and investment in the markets where we operate generally will result in higher or lower sales volume and higher or lower net income for the Company.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Risks relating to Force Majeure Events</FONT></I></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Operations and other business conducted at our plants and other facilities are at risk to acts of god consisting of uncontrollable natural and climatic events (often referred to as force majeure events), such as the 2011 flooding in much of Thailand that severely disrupted our manufacturing operations at our Thai plant controlled by our subsidiary, Charoong Thai.&nbsp; The severe flooding affected much of our Thai operations and forced the suspension of operations for a period of five months. The temporary suspension of operations at Siam Pacific Electric Wire &amp; Cable Company Limited (&#8220;Siam Pacific&#8221;), which is 100% owned by Charoong Thai impacted adversely on its 2011 sales, which experienced a 20% reduction in product sales in 2011. The adverse impact of the flooding carried over into 2012. With the help of its affiliated companies such as </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Pacific Electric Wire &amp; Cable (Shenzhen) Co., Ltd. (&#8220;PEWS&#8221;) </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">and </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Shanghai Yayang Electric Co., Ltd. (&#8220;Shanghai Yayang&#8221; or &#8220;SYE&#8221;)</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">, together with our parent company, PEWC, Siam Pacific fully restored its operations in second quarter of 2012. The insurance coverage includes flood, fire, and theft but does not include losses due to business interruption. </FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Risks Relating to China</FONT></I></P>
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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">We conduct substantial business operations in China.&nbsp; Accordingly, our results of operations and prospects are likely to be materially impacted by economic, legal and other developments in China.</FONT></P>
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<P style="TEXT-INDENT: 0.2pt; MARGIN: 0cm 0cm 0pt 20.15pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Economic Reform Measures in the PRC May Adversely Affect the Company&#8217;s Operations or Financial Condition</FONT></I></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">The PRC government has gradually moved away from a planned economic model and implemented economic reform measures emphasizing decentralization, utilization of market forces in the development of the economy and a high level of management autonomy.&nbsp; When General Secretary Xi Jinping took office in December 2012, the government decreased its focus on export oriented activities and placed greater emphasis on building up rural areas in China, including integrating a number of primitive, largely inaccessible agricultural areas into the national economy. However, many of the reforms are unprecedented and may be subject to revision, modification or termination based on the outcome of such economic changes and other considerations, such as their social impact.&nbsp; There is not sufficient administrative or judicial precedent to permit the Company to determine with any degree of certainty how the reforms will impact our business in China. In the years 2011 and 2012, the government began to curtail credit in order to dampen an over-heated real estate market, including commercial and residential areas. While the extent of the impact is unknown at this time, any contraction in the construction sector would certainly affect the demand for building wires, one of the products that the Company manufactures and sells in China.</FONT></P>
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<P style="TEXT-INDENT: 36pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">PRC Civil Law System May Limit the Company&#8217;s Remedies</FONT></I></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">The Chinese legal system is a civil law system based on written statutes.&nbsp; Prior court decisions may be cited for reference but have limited precedential value.&nbsp; Since the late 1970s, the central government has promulgated laws and regulations dealing with economic matters such as foreign investment, corporate organization and governance, commerce, taxation and trade.&nbsp; In particular, since 1979, the PRC legislation and regulations have significantly enhanced the protections afforded to various forms of foreign investment in China.&nbsp; Foreign investment laws and regulations in China are evolving and the interpretations of many laws, regulations and rules are not always uniform.&nbsp; Accordingly, enforcement of these laws, regulations and rules involves uncertainties, which may limit the remedies available to us in the event of any claims or disputes with third parties.&nbsp; In addition, any litigation in China may be protracted and could result in substantial costs and diversion of resources and management attention.</FONT></P>
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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">PRC Control over the Convertibility of Currency May Restrict the Payment of Dividends</FONT></I></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">The PRC government imposes controls on the convertibility of the Renminbi into foreign currencies and in certain cases, the remittance of currency out of China. Under existing PRC foreign exchange regulations, payments of current account items, including profit distributions, interest payments and expenditures from trade related transactions, can be made in foreign currencies without prior approval from the State Administration of Foreign Exchange (&#8220;SAFE&#8221;) by complying with certain procedural requirements. However, approval from SAFE or its local branch is required where foreign currency is remitted out of China to pay capital expenses such as the repayment of loans denominated in foreign currencies unless SAFE has pre-approved the amortization schedule of the foreign currency loan in question. The PRC government may also at its discretion put restrictions on access in the future to foreign currencies for current account transactions.&nbsp; </FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Pursuant to the Foreign Exchange Administration Regulation promulgated on January&nbsp;29, 1996, as amended on January&nbsp;14, 1997 and August&nbsp;5, 2008, and various regulations issued by the SAFE and other relevant PRC government authorities, the Renminbi is freely convertible only with respect to current account items, such as trade-related receipts and payments, interest and dividends. Capital account items, such as direct equity investments, loans and repatriations of investments, require the prior approval of the SAFE or its local branches for conversion of Renminbi into foreign currency, such as U.S. dollars, and remittance of the foreign currency outside the PRC. Payments for transactions that take place within the PRC must be made in Renminbi. Foreign exchange transactions under the capital account are still subject to limitations and require approvals from, or registration with, the SAFE and other relevant PRC governmental authorities, or their competent local branches. </FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">On August&nbsp;29, 2008, the SAFE promulgated SAFE Circular No.&nbsp;142, a notice regulating the conversion by a foreign-invested company of foreign currency into Renminbi by restricting how converted Renminbi may be used.&nbsp;&nbsp; This notice requires that Renminbi converted from the foreign currency-denominated capital of a foreign-invested company only be used for purposes within the business scope approved by the applicable governmental authority and may not be used for equity investments within the PRC unless specifically provided for otherwise in its business scope. In addition, the SAFE strengthened its oversight of the flow and use of Renminbi funds converted from the foreign currency-denominated capital of a foreign-invested company. The use of such Renminbi may not be changed without SAFE&#8217;s approval and may not be used to repay Renminbi loans if the proceeds of such loans have not yet been used for purposes within the Company&#8217;s approved business scope. Violations of SAFE Circular No.&nbsp;142 may result in severe penalties, including substantial fines as set forth in the Foreign Exchange Administration Regulation. As a result, SAFE Circular No.&nbsp;142 may impose an additional layer of bureaucratic compliance and could, under certain circumstances, limit our ability to transfer the proceeds from our non-RMB denominated borrowing arrangements outside of the PRC to our PRC subsidiaries, which may, absent the requisite approvals from SAFE, adversely affect the continued growth of our business. </FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Pursuant to SAFE Circular No.&nbsp;75, (i) a PRC resident must register with the local SAFE branch before establishing or controlling an overseas special purpose vehicle (&#8220;SPV&#8221;) for the purpose of obtaining overseas equity financing using the assets of or equity interests in a domestic enterprise; (ii)&nbsp;when a PRC resident contributes the assets of or its equity interests in a domestic enterprise into an SPV, or engages in overseas financing after contributing assets or equity interests into an SPV, such PRC resident must register his or her interest in the SPV and any subsequent change thereto with the local SAFE branch; and (iii) when the SPV experiences a material event, such as a change in share capital, merger or acquisition, share transfer or exchange, spin-off or long-term equity or debt investment, the PRC resident must, within 30 days after the occurrence of such event, register such event with the local SAFE branch. On May&nbsp;29, 2007, the SAFE issued guidance to its local branches for the implementation of the SAFE Circular No.&nbsp;75, which guidance provides for more standardized, specific and stringent supervision regarding such registration requirements and requires PRC residents holding any equity interests or options in SPVs, directly or indirectly, controlling or nominal, to register with the SAFE.</FONT></P>
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<P style="TEXT-INDENT: 1.15pt; MARGIN: 0cm 0cm 0pt 20.15pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Political or Social Instability in the PRC May Adversely Affect the Company&#8217;s Operations or Financial Condition</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Political or social instability in China could also adversely affect our business operations or financial condition.&nbsp; In particular, adverse public health epidemics or pandemics in China could not only interfere with our ability to operate our PRC subsidiaries, but could also affect the country&#8217;s overall economic growth, which could in turn affect the sales of our products in China.&nbsp; In addition, as our corporate headquarters are located in Taipei, any escalation in political tensions between the PRC and the government of Taiwan could impact adversely our ability to manage our Chinese operations efficiently or without third party interference.</FONT></P>
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<P style="TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Inflation in the PRC May Adversely Affect the Company&#8217;s Operations or Financial Condition</FONT></I></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">The rapid growth of the PRC economy has historically resulted in high levels of inflation, coupled with a rise in the value of RMB against U.S. dollars.&nbsp; The PRC government has publicly announced its commitment to control inflation, and the anti-inflation policies of the PRC government may have an adverse effect on the business climate and growth of private enterprise in the PRC.&nbsp; An economic slowdown may increase our costs.&nbsp; If inflation is significant, our costs would likely increase, and there can be no assurance that we would be able to increase our prices to an extent that would offset the increase in our expenses.</FONT></P>
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<P style="TEXT-INDENT: 1.15pt; MARGIN: 0cm 0cm 0pt 20.15pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">PRC Power Shortages and Lack of Insurance May Adversely Affect the Company&#8217;s Operations or Financial Condition</FONT></I></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">We consume substantial amounts of electricity in our manufacturing processes at our production facilities in China.&nbsp; Certain parts of China have been subject to power shortages in recent years.&nbsp; We have experienced a number of power shortages at our production facilities in China to date, particularly in Shenzhen where numerous clusters of factories are situated. We are sometimes given advance notice of power shortages and in relation to this we currently have a backup power system at certain of our production facilities in China.&nbsp; However, there can be no assurance that in the future our backup power system will be completely effective in the event of a power shortage, particularly if that power shortage is over a sustained period of time and/or we are not given advance notice thereof.&nbsp; Any power shortage, brownout or blackout for a significant period of time may disrupt our manufacturing, and as a result, may have an adverse impact on our business.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">The insurance industry in China is still at an early stage of development and foreign insurance companies are limited to operate only in a certain number of big cities.&nbsp; In particular, PRC insurance companies do not offer extensive business insurance products.&nbsp; As a result, we have limited business liability and disruption insurance coverage for our operations in China.&nbsp; Any business disruption, litigation or natural disaster might result in our incurring substantial costs and the diversion of resources.</FONT></P>
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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">PRC Tax Treatments May Affect the Company&#8217;s Operations or Financial Condition</FONT></I></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">On March 16, 2007, the National People&#8217;s Congress of the PRC, passed the new PRC Enterprise Income Tax Law (the &#8220;New EIT Law&#8221;).&nbsp; Under the New EIT Law, effective January 1, 2008, China adopted a uniform tax rate of 25% for all enterprises (including foreign-invested enterprises) and revoked the then current tax exemption, reduction and preferential treatments applicable to foreign-invested enterprises.&nbsp; However, there is a transition period for enterprises, whether foreign-invested or domestic, that were receiving preferential tax treatments granted by relevant tax authorities at the time the New EIT Law became effective.&nbsp; Enterprises that are subject to an enterprise income tax, or EIT, rate lower than 25% may continue to enjoy the lower rate and gradually transition to the new tax rate within five years after the effective date of the New EIT Law.&nbsp; Enterprises that are currently entitled to exemptions or reductions from the standard income tax rate for a fixed term may continue to enjoy such treatment until the fixed term expires. PEWS enjoyed a reduced tax rate under the transitional period.&nbsp; The preferential income tax rate of PEWS under the revised tax incentive regulations was 22% in 2010 and 24% in 2011, and was 25% in 2012.</FONT><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Accordingly, PEWS has been subject to the 25% uniform tax rate since the beginning of 2012. &nbsp;In the beginning of 2012, the Chinese government announced that it was contemplating a conversion of its sales tax system into a value added tax system (&#8220;VAT&#8221;).&nbsp; While a change to a VAT system would help alleviate sales taxes to some extent, the details of the proposed changes are still unknown to industries and trading enterprises.&nbsp; Accordingly, the Company cannot <FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">say what impact, if any, a conversion to a VAT system of taxation might have on the Company&#8217;s financial results.</FONT></FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt 20.15pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Labor Law Legislation in the PRC May Adversely Affect the Company&#8217;s Operations or Financial Condition</FONT></I></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">The Labor Contract Law became effective on January 1, 2008.&nbsp; It formalizes workers&#8217; rights concerning overtime hours, pensions, layoffs, employment contracts and the role of trade unions.&nbsp; Considered one of the strictest labor laws in the world, among other things, this new law requires an employer to conclude an &#8220;open-ended employment contract&#8221; with any employee who either has worked for the employer for ten years or more or has had two consecutive fixed-term contracts.&nbsp; An &#8220;open-ended employment contract&#8221; is in effect a lifetime, permanent contract, which is terminable only in specified circumstances, such as a material breach of the employer&#8217;s rules and regulations, or for a serious dereliction of duty.&nbsp; Such employment contracts with qualifying workers would not be terminable if, for example, the Company determined to downsize its workforce in the event of an economic downturn.&nbsp; Under the new law, downsizing by 10% or more (or more than 20 persons) may occur only under specified circumstances, such as a restructuring undertaken pursuant China&#8217;s Enterprise Bankruptcy Law, or where a company suffers serious difficulties in production and/or business operations.&nbsp; Any of the Company&#8217;s staff employed to work exclusively within the PRC are covered by the new law and thus, the Company&#8217;s ability to adjust the size of its operations when necessary in periods of recession or less severe economic downturns has been curtailed.&nbsp; Accordingly, if the Company faces future periods of decline in business activity generally or adverse economic periods specific to the Company&#8217;s business, this new law can be expected to exacerbate the adverse effect of the economic environment on the Company&#8217;s results of operations and financial condition.&nbsp; Additionally, this new law has affected labor costs of our customers which may result in a decrease in such customers&#8217; production and a corresponding decrease in their purchase of our products. </FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Exposure to Foreign Exchange Risks</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Changes in exchange rates influence our results of operations.&nbsp; Our principal operations are located in Thailand, Australia, Singapore and China, and a substantial portion of our revenues is denominated in Baht, Australian dollars, Singapore dollars or Renminbi.&nbsp; Nearly all of the raw materials for these operations are imported and paid for in U.S. dollars and a substantial portion of our future capital expenditures are expected to be in U.S. dollars.&nbsp; We require a significant amount of U.S. dollars for our ongoing equipment upgrade and maintenance programs.&nbsp; Any devaluation of the Baht, the Australian dollar, the Singapore dollar or the Renminbi against the U.S. dollar would increase the effective cost of foreign manufacturing equipment and the amount of foreign currency denominated expenses and liabilities and would have an adverse impact on our operations.</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Although our reporting currency is U.S. dollars, the functional currency of our Thai operations, which accounted for 39.1% of our manufactured goods sales in 2012, is the Thai Baht. The functional currency of our Singapore operations, which accounted for 9.6% of our manufactured goods sales in 2012, is the Singapore dollar. The functional currency of our Australian operations, which accounted for 13.0% of our manufactured good sales in 2012, is the Australian dollar. The functional currencies for our China operations, in total accounted for 25.0% of our manufactured goods sales in 2012, are divided into two groups: for Shandong Pacific Rubber Cable Company, Ltd. (&#8220;SPRC&#8221;, equity investee with 25% equity owned by APWC, accounting under equity method for consolidation purpose), and SYE, their functional currency is Renminbi, while for CCH HK, PEWS and Epan Industries Pte. Ltd (&#8220;Epan Industries&#8221;) in Singapore, their functional currency is U.S. dollars. Accordingly, the functional currency accounts of these operations are all translated into U.S. dollars utilizing, for the year, the balance sheet exchange rate for balance sheet accounts, and an average exchange rate for the year for the income statement accounts.&nbsp; Such translation of the functional currency accounts is recognized as other comprehensive income in the shareholders&#8217; equity.&nbsp; Any devaluation of the Baht, the Australian dollar, the Singapore dollar, or the Renminbi against the U.S. dollar would adversely affect our financial performance measured in U.S. dollars.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Competition</FONT></I></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">The wire and cable industry in the Asia Pacific region is highly competitive.&nbsp; Our competitors include a large number of independent domestic and foreign suppliers.&nbsp; Certain competitors in each of our markets have substantially greater manufacturing, sales, research and financial resources than we do.&nbsp; We and other wire and cable producers increasingly compete on the basis of product quality and performance, reliability of supply, customer service and price.&nbsp; To the extent that one or more of our competitors is more successful with respect to the primary competitive factors, our business could be adversely affected.</FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Risks associated with Required Productivity Increases</FONT></I></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Our business strategy includes a focus on increasing profitability through increased efficiency and productivity.&nbsp; In the event we are not able to implement measures to increase efficiencies and productivity, we may be limited in achieving increased profitability or may become less profitable.&nbsp; Moreover, productivity increases are linked to capacity utilization rates.&nbsp; A drop in the utilization rate of our manufacturing capacity would adversely impact productivity.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Indebtedness</FONT></I></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">A</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">s of December 31, 2012, the Company had a total of $336.1 million in credit available to itself, or one or more of its operating subsidiaries. The available credit is provided by a total of 16 banks in the various regions/territories in which we operate.&nbsp; Out of total available credit, $227.1 million was unused.&nbsp; The Company, collectively and on individual basis, is not highly leveraged and management does not consider it to be likely that the Company will become highly leveraged. The weighted average borrowing rate, for all the outstanding loans combined, would sum up to be 3.4%, which runs, at this point in time, slightly higher than like-kind borrowing rates that might be available to us in the marketplace, i.e., three month LIBOR (data of April 8, 2013) of 0.28% plus 2.5%. </FONT></FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Composite Services Agreement with PEWC</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">We engage in transactions in the ordinary course of business with PEWC, including the purchase of certain raw materials and the distribution of PEWC products in various countries in the Asia Pacific region.&nbsp; We and PEWC have entered into a composite services agreement dated November 7, 1996, as amended and supplemented (the &#8220;Composite Services Agreement&#8221;), which contains provisions that define our relationship and the conduct of our respective businesses and confers certain preferential benefits on us.&nbsp; The Composite Services Agreement is renewable at our option and is currently in force.&nbsp; However, we are unable to predict whether PEWC would, at some future date, seek to limit, or be unable to perform in whole or in part, the business it conducts with the Company pursuant to the terms of the Composite Services Agreement.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Risks Relating to Thailand</FONT></I></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">A substantial portion of our Thai operations, which accounted for approximately 39.1% of our total net sales in 2012, consists of the manufacture of telecommunications and power cable and sales of those products for use in large-scale telecommunications projects and various construction projects in Thailand.&nbsp; As a result, our future results will depend in part on the political situation in Thailand and the general state of the Thai economy. While the political turmoil in Thailand has subsided since 2010, the continuing political uncertainty and the risk of further social unrest lessens the attractiveness of the local market for foreign investment, and diminishes the focus of the government on infrastructure development, both of which considerations may adversely impact on the volume of business of the Company&#8217;s actual and potential customers in the Thai market.&nbsp; The Company&#8217;s Thai operations remain vulnerable to uncertainties with regard to payment for current sales and the award of future contracts in view of the ongoing political instability in Thailand.&nbsp; Additionally, in recent years the Thai economy has been highly cyclical and volatile, depending for economic growth in substantial part on a number of government initiatives for economic expansion. Moreover, the Baht remains <FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">volatile and subject to significant fluctuations in relation to the U.S. dollar.&nbsp; Such fluctuations in the value of the Baht may negatively impact our performance. </FONT></FONT>

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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">We are subject to certain environmental protection laws and regulations governing our operations and the use, handling, disposal and remediation of hazardous substances used by us.&nbsp; A risk of environmental liability could arise from our manufacturing activities in the event of a release or discharge by us of a hazardous substance.&nbsp; Under certain environmental laws, we could be held responsible for the remediation of any hazardous substance contamination at our facilities and at third party waste disposal sites and could also be held liable for any consequences arising out of human exposure to such substances or other environmental damage.&nbsp; There can be no assurance that the costs of complying with environmental, health and safety laws and requirements in our current operations or the liabilities arising from past releases of, or exposure to, hazardous substances, will not result in future expenditures by us that could materially and adversely affect our financial results, cash flows or financial condition.</FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Alternative Transmission Technologies</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Our fiber optic and copper-based telecommunications business is subject to competition from other transmission technologies, principally wireless-based technologies.&nbsp; Fiber optic cable is presently being used in telecommunications trunks and feeder cable businesses and minimally in the access cable business.&nbsp; In November 2011 we sold our entire 51% equity interest in SPFO</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">to a group of buyers in China for a cash consideration of $2.9 million, due to its low profit margin generation and fierce competition in the local fiber optic cable market. In the Asia Pacific markets where we compete, wireless telecommunications businesses have sometimes made substantial inroads in early emerging markets where sufficient funding may not then be available to install the infrastructure necessary for market-wide fixed line telecommunications.&nbsp; In addition, the ease of use of wireless telecommunications may make that medium an attractive alternative in circumstances where access to fixed line telecommunications is limited.&nbsp; While these technologies do present significant competition in the markets in which we conduct or plan to conduct business, the Company believes that demand for its fixed wire products will remain strong.&nbsp; However, no assurance can be given that the future development and use of such alternative technologies will not adversely affect our results of operations.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">We are subject to risks specific to our international business operations, including:&nbsp; the risk of supply disruption; production disruption or other disruption arising from events of force majeure, such as the severe weather and climatic events that caused the 2011 floods in Thailand; the outbreak of highly infectious or communicable diseases such as Severe Acute Respiratory Syndrome, swine influenza or pandemics of a similar nature; the risk of potential conflict and further instability in the relationship between Taiwan and the PRC; risks related to national and international political instability, such as disruptions to business activities and investment arising out of the political unrest and turmoil in Thailand; risks related to the recent global economic turbulence and adverse economic developments in a number of Asian markets;</FONT><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">risks related to changes in governmental or private sector policies and priorities with respect to infrastructure investment and development;</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"> unpredictable consequences on the economic conditions in the U.S. and the rest of the world arising from terrorist attacks, and other military or security operations; unexpected changes in regulatory requirements or legal uncertainties regarding tax regimes; tariffs and other trade barriers, including current and future import and export restrictions; difficulties in staffing and managing international operations in countries such as Australia, Singapore, the PRC, Thailand and Taiwan; risks that changes in foreign currency exchange rates will make our products comparatively more expensive; limited ability to enforce agreements and other rights in foreign countries; changes in labor conditions; longer payment cycles and greater difficulty in collecting accounts receivable; burdens and costs of compliance with a variety of foreign laws; limitation on imports or exports and the possible expropriation of private enterprises; and reversal of the current policies (including favorable tax and lending policies) encouraging foreign investment or foreign trade by our host <FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">countries. Although we have not experienced any serious harm in connection with our international operations, we cannot assure you that such problems will not rise in the future. </FONT></FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Item 4:&nbsp;&nbsp;&nbsp; Information on the Company</FONT></B></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 22.5pt; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">4.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; History and Development of the Company</FONT></B></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Asia Pacific Wire &amp; Cable Corporation Limited was formed on September 19, 1996 as a Bermuda exempted limited liability company under the Companies Act.&nbsp;&nbsp; The address of the Company&#8217;s principal place of business is 7/Fl. B, No. 132, Sec. 3, Min-Sheng East Road, Taipei, 105, Taiwan, Republic of China, and its telephone number is (886) 2-2712-2558.&nbsp; Puglisi &amp; Associates, located at 850 Library Avenue, Suite 204, Newark, Delaware 19711, is the Company&#8217;s agent for service of process in the United States. </FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company is principally engaged in the manufacture and distribution of telecommunications (copper and fiber optic) and power cable, enameled wire and electronic wire products in the Asia Pacific region, primarily in Thailand, China, Singapore and Australia.&nbsp; The Company manufactures and distributes its own wire and cable products (&#8220;Manufactured Products&#8221;) and also distributes wire and cable products (&#8220;Distributed Products&#8221;) manufactured by its principal shareholder, Pacific Electric Wire &amp; Cable, Co. Ltd. (&#8220;PEWC&#8221;) and other third party suppliers.&nbsp; The Company also provides project engineering services in the supply, delivery and installation (&#8220;SDI&#8221;) of power cables to certain of its customers.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Principal Capital Expenditures and Divestitures</FONT></I></P>
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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Total purchases of property, plant and equipment amounted to $3.7 million in 2010, $8.9 million in 2011, and $ 11 million in 2012, mostly for old machinery replacements for newly purchased production machinery and equipment for the CTW group in Thailand and for Ningbo Pacific Cable Co., Ltd. (&#8220;NPC&#8221; or &#8220;Ningbo Pacific&#8221;) in Ningbo, China. The addition of a new plant at Shenzhen for the Chinese domestic market also accounted for a portion of our 2012 capital expenditures.</FONT></FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 36pt; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">4.2.1&nbsp;&nbsp;&nbsp;&nbsp; Certain Recent Events</FONT></B></P>
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<P style="TEXT-INDENT: 18pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">On August 28, 2012, the Board approved a share&nbsp;buy-back plan&nbsp;to be executed by an investment bank in New York at a pre-determined buyback price. The Board authorized management to enter into a Rule 10b5-1 purchase plan (the &#8220;Share Buy-back Plan&#8221;), to be executed in accordance with Rule 10b-18 under the Exchange Act, for the purchase of Common Shares up to a value of Two Million Dollars (US$ 2,000,000). Under that plan, the Company re-purchased a total of 9,300 Common Shares at an average purchase price of $3.38 per share, with the most recent purchase under the Share Buy-back Plan having been made on January 10, 2013. On April 25, 2013 the Company announced the suspension of the Share Buy-back Plan, as the Board of Directors had determined to review the terms of that plan in light of the recent trading price of the Common Shares on the NASDAQ Capital Markets tier and changes in general market conditions, among other factors, including the pending announcement of 2012 results. At the August 28, 2012 Board meeting, the Board also approved the APWC six-month financial results, for the period ended June 30, 2012. In this meeting the Board delegated all matters relating to the 2012 Annual General Meeting of shareholders (the &#8220;2012 AGM&#8221;) to be handled by both the CEO and CFO as well.</FONT></FONT></P>
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<P style="TEXT-INDENT: 18pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">On December 20, 2012, the Board approved the disposal of a 48.73% equity investment in Shandong Huayu Pacific Fiber Optics Communication, Co., Ltd., an equity investee of the Company. The Board also approved an early repayment of the Bangkok Bank loan at $14 million and the loan was fully paid off in March 2013.</FONT></P>
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<P style="TEXT-INDENT: 18pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Effective February 15, 2013, the Common Shares of the Company were elevated by NASDAQ to trade on the Global Markets tier.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">On March 31, 2013, Mr. Carson Tien resigned from APWC. Mr. Tien had served as our chief operating officer since 2005 and had worked with APWC, and before that with PEWC, for his entire professional career. Mr. William Gong Wei was appointed as our chief operating officer effective April 1, 2013.</FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 27pt; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">4.2.2&#8195;Managing Our Business in Current Market Conditions</FONT></B></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">In order to address the continuing market challenges facing our business, the Company has taken and plans to continue to implement a number of measures in order to maintain efficient operations.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Specifically, the Company has continued to focus on increased efforts to collect its receivables on a timely basis.&nbsp; The days of sales outstanding in 2012 have improved from 92 days in 2011 to 91 days. The Company continues to focus on working actively with all of its significant customers to reduce collection times and minimize write-offs.&nbsp; The Company has also reduced its inventory levels through planned reductions in raw material purchases while negotiating with suppliers to reduce costs of raw materials and supplies.&nbsp; The Company has focused also on reducing operating costs where practicable. On the other hand, our overall headcount increased because of the resumption of Siam Pacific production activities in Q2 2012. We believe that the successful implementation of these actions has had a positive effect on our cash resources, and we intend to continue these measures in order to preserve our liquidity and maintain a strong cash position. &nbsp;As of December 31, 2012, the Company had available and unused lines of credits from suppliers, banks and other lenders totaling, in the aggregate, approximately $227.1 million, an increase of $2.5 million from that date one year prior. We believe, however, that available and unused amounts of credit are sufficient to support our current working capital needs. The total bank loans and trust receipts outstanding as of December 31, 2012 were $5 million higher than that as of December 31, 2011.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">APWC experienced a 2.1% reduction in overall 2012 revenues against revenue of 2011, but enjoyed an increase in gross margins by 1.9% against that of 2011. Operating profit was up from $1.9 million in 2011 to $23.6 million in 2012, due to the fact that the Company re-claimed the insurance proceeds out of Siam Pacific flood losses. In 2011, there was a write-off of goodwill in the amount of $8.8 million and Siam Pacific incurred flood damage of $3.9 million. The gross margin improvement in 2012 can be attributed primarily to higher margin on power cables and on telecommunication cables. The improvement in our gross margin, and Siam Pacific flood loss insurance claims, yielded a positive earnings per share of $0.79 in 2012, compared to earnings per share loss of $ (0.49) in 2011.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company is a holding company that operates its business through operating subsidiaries and joint ventures, principally located in Thailand, China, Singapore and Australia.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The following chart shows the organizational structure of the Company and its principal operating subsidiaries, including joint venture ownerships, and the percentage of ownership interest and voting power in each case.&nbsp; The location of the headquarters of each company is indicated in parentheses under the company&#8217;s name (&#8220;S&#8221; for Singapore, &#8220;T&#8221; for Thailand, &#8220;A&#8221; for Australia and &#8220;C&#8221; for China or Hong Kong). </FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company&#8217;s Thai operations are conducted through Charoong Thai, Siam Pacific Wire and Cable, and Siam Fiber Optics Co. Ltd. </FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Charoong Thai is a publicly-traded Thai corporation, the shares of which are listed on the Stock Exchange of Thailand (&#8220;SET&#8221;).&nbsp; It manufactures aluminum and copper electric wire, medium and high voltage power cable and telecommunications cable.&nbsp; It has subsidiaries and affiliates in the businesses of optic fiber cable manufacturing and telecommunication and network services.&nbsp; Charoong Thai was established in Thailand in 1967 as a limited public company.&nbsp; As of December 31, 2012, the Company effectively owned 50.93% of the issued and outstanding shares of Charoong Thai. &nbsp;The Company&#8217;s present intention is to maintain majority ownership of the voting securities of Charoong Thai.&nbsp; The board of directors of Charoong Thai may authorize the issuance of additional shares of common stock of Charoong Thai.&nbsp; The Company has preemptive rights to purchase its pro rata share of any additional authorized shares, less amounts reserved for directors, officers and employees.&nbsp; In the event the board of Charoong Thai decides to cause it to issue additional shares, the Company may decide not to exercise its preemptive rights, in which case the Company&#8217;s interest may be diluted.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Siam Pacific was established in 1988 as a joint venture between PEWC and Italian-Thai Development Plc (&#8220;Ital-Thai&#8221;), a third party, which at the time was the largest diversified construction company in Thailand, principally engaged in the design, engineering, construction and project management of large-scale civil engineering and telecommunications projects in Thailand.&nbsp; Capitalizing on PEWC&#8217;s wire and cable manufacturing expertise and Ital-Thai&#8217;s significant presence in the local market, Siam Pacific was able to establish its presence in this market and gain knowledge of business opportunities in Thailand.&nbsp; Siam-Pacific is now a 100%-owned subsidiary of Charoong Thai and it focuses on the manufacture of telecommunications cable, and enameled wire for the domestic Thailand market. As stated above, the Siam Pacific operation <FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">suffered significant flooding damage in September and October of 2011 but with the support from affiliated companies in Taiwan and in China, Siam Pacific resumed full operations during the course of 2012.</FONT></FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company&#8217;s China operations are conducted through six business entities &#8211; Shanghai Yayang,&nbsp; CCH HK, PEWS, NPC, SPRC (equity investee), and SHP (equity investee).&nbsp; The operating entities include Shanghai Yayang, formerly known as Shanghai Pacific Electric Co., Ltd., a joint venture in Shanghai incorporated in June 1998 to manufacture enameled wires.&nbsp; The Company&#8217;s effective holding in Shanghai Yayang is 54.41%.&nbsp; Shanghai Yayang manufactures enameled wires with a diameter between 0.05mm and 2.5mm for sale and distribution in the eastern part of China, including to local and Taiwanese based end-users. Sitting on the board are six directors, either members of management of Shanghai Yayang who are expatriated from Taiwan or Thai representatives, also expatriated or designated by APWC or PEWC.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company owns 100% of CCH HK, a Hong Kong registered company, and its wholly-owned subsidiary company, PEWS.&nbsp; PEWS manufactures enameled wires for electric, video and audio products primarily for export and with a little portion sold domestically. Since a restructuring in the first quarter of 2010, CCH HK is no longer the trading arm of PEWS, as it transferred its distribution role to Epan Industries in Singapore. The Company believes that PEWS is one of the major manufacturers</FONT><STRIKE><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT></STRIKE><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">of enameled wire products in the southern Chinese market.&nbsp; </FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Until 2006, the Company&#8217;s China operations included NPC, a telecommunications cable manufacturing joint venture located in Ningbo Yin County, Zhejiang Province in eastern China.&nbsp; </FONT><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">NPC used to manufacture a range of telecommunications cable and local area network (&#8220;LAN&#8221;) electronic cables for sale and distribution in the Chinese domestic market and export market.&nbsp; In 2006, the Company decided to cease operations at NPC, as it concluded that the prospects for reversing the losses and achieving profitability were too remote.&nbsp; Thereafter, the Company liquidated certain machinery and equipment through sales to third parties.&nbsp; The land, building and some leftover machinery and equipment remained with NPC.&nbsp; In December 2009, the Company started a series of discussions with Bangkok Bank Hong Kong branch on a possible loan which would provide a cash infusion and a trade finance facility, each aimed at re-building NPC to be a viable operation focusing on producing electronic wiring. For the most updated loan situation, please refer to section 5.7 &#8220;Off-Balance Sheet Arrangement&#8221;. The construction of NPC&#8217;s factory is divided in two phases with the existing plant finished in October 2011 and the new plant is targeted to be completed by the end of the second quarter 2013. In connection with the planned&nbsp;re-commencement of operations at NPC, the Company acquired the interest of its joint venture partner and the Company now owns 100% of NPC.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company holds a 25.0% interest in SPRC, which manufactures rubber cable for the China market.&nbsp; The remaining 75% is owned by Shandong Yanggu Wire &amp; Cable Corp. Ltd. (&#8220;Shandong Yanggu&#8221;), an established cable manufacturer in Shandong Province that produces a wide range of cable products and is considered one of the major cable producers in China.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company holds a 49% interest in a joint venture called Shandong Huayu Pacific Fiber Optics Communication, Co., Ltd. (&#8220;SHP&#8221;), which engages in the manufacture of optic fibers.&nbsp; The remaining 51% of SHP is now owned by Shandong Pacific Fiber Optics Cable Co. Ltd.&nbsp; Due to a severe downturn in the market for fiber optic cable after the SHP joint venture was established, the plant intended to be constructed for manufacturing fiber optic cable has yet to be completed and a production date for commencing operations has not been determined.&nbsp;&nbsp; The carrying value of the Company&#8217;s investment in SHP was $0.9 million as of December 31, 2012.&nbsp; On December 20, 2012, the Board approved disposal of SHP for RMB 9.5 million (approx $ 1.5 million) to Shandong Fiber Optics Cable Co. Ltd. &nbsp;The transaction is expected to complete before the end of the second quarter 2013, producing a gain of over $0.5 million. Sales proceeds are expected to be received before the end of the second quarter 2013. The management considered disposing of its interest in SHP for some time because this equity investee has been in a loss position for several years.</FONT></FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company&#8217;s Singapore operations are principally conducted through its 98.3%-owned subsidiary, Sigma Cable.&nbsp; The Company believes that Sigma Cable is one of the major suppliers of power cable products in Singapore.&nbsp; Sigma Cable manufactures and sells a range of low voltage power cable products, used mainly in infrastructure projects and commercial and residential developments.&nbsp; Sigma Cable is the exclusive distributor in Singapore of medium and high voltage wire and cable products manufactured by PEWC. It is also the distributor for general wire manufactured by a third party supplier. </FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Sigma Cable also has project engineering operations in Singapore to supply, deliver and install primarily medium and high voltage cable to power transmission projects.&nbsp; While the Company currently obtains its supply of medium and high voltage power cable for its SDI operations from PEWC, other suppliers are also available if necessary.&nbsp; The Company anticipates that there will be modest demand for medium and high voltage power cable projects sponsored by Singapore government in the fairly near future. </FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company also holds a 100% interest in Sigma&#8209;Epan Industries, Pte. Ltd. (&#8220;Sigma-Epan&#8221;), a group of companies with its headquarters and limited operations in Singapore.&nbsp; Prior to ceasing manufacturing operations in May of 2007, Sigma&#8209;Epan manufactured specialty cables and assembled cable harnesses for the electronics, computer, building automation, audio and communication industries.&nbsp; Sigma&#8209;Epan continues to trade specialty electronic and other types of cables.&nbsp; After the Company&#8217;s restructuring, which was completed in April 2010, Epan Industries, one of the subsidiaries of Sigma&#8209;Epan, became the trading arm for PEWS products in the South China market.</FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company went through a group restructuring in March 2010 and in June 2012. CCH HK, in total, acquired 64.79% shares of APEC from Sigma Cable. The Company&#8217;s effective interest in APEC is now 99.4%. APEC is located near Brisbane and is one of three major wire and cable manufacturers in Australia.&nbsp; APEC produces a range of power cables supplemented by imports from overseas sister companies.&nbsp; APEC possesses a substantial marketing and distribution infrastructure with a network of sales offices and warehouses in the major capital cities of Brisbane, Sydney, Melbourne and Perth. </FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 36pt; MARGIN: 1pt 0cm 4pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">4.3.1&nbsp;&nbsp;&nbsp;&nbsp; Products and Services</FONT></B></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company engages in three principal business lines consisting of the manufacture of wire and cable products, the distribution of certain wire and cable products manufactured by PEWC, as well as some third party products, and the provision of project engineering services to certain of its customers.&nbsp; The Company manufactures and sells a wide variety of wire and cable products primarily in three general categories:&nbsp; telecommunications cable, power transmission cable, enameled wires, and electronic wire. </FONT><B><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&nbsp;</FONT></I></B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company&#8217;s telecommunications and power cables are used in a range of infrastructure projects and in commercial and residential developments.&nbsp; The Company&#8217;s enameled wire is used in the manufacturing of components and sub-components of household appliances and small machinery.&nbsp; The electronic wire products, which include cable harnesses, are used in the electronics, computer, building automation, audio and communication industries.&nbsp; In addition, the Company acts as the Singapore distributor of wire and cable products manufactured by PEWC and other third party suppliers.&nbsp; The Company also offers SDI project engineering services of medium and high voltage cable for power transmission projects in Singapore.&nbsp; </FONT></FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company has a sales and marketing force for the distribution of its Manufactured Products in the markets where it has manufacturing facilities and in certain other Asian markets.&nbsp; In addition, the Company is a distributor of wire and cable products manufactured by PEWC and other third party suppliers. .&nbsp; The leading PEWC products sold by the Company are medium and high voltage power cable (with capacities ranging from 3.3 kilovolts to 69 kilovolts), with the vast majority of such sales made in Singapore.&nbsp; The PEWC products sold by the Company do not compete with the Company&#8217;s Manufactured Products. In addition, certain subsidiaries also sell distributed products from other suppliers in Thailand and Australia during 2012.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Based upon the needs of government and the private sector with regard to residential and commercial buildings and infrastructure projects in Singapore, the Company anticipates modest demand for medium and high voltage power and for value added services in the power supply industry.&nbsp; To take advantage of these opportunities, the Company has developed its SDI project engineering capability.&nbsp; The SDI project engineering involves supply, delivery and installation primarily of medium and high voltage cable to power transmission projects in Singapore.&nbsp; After entering into a contract to supply, deliver and install cable for a power transmission project, the Company delivers medium and high voltage cables and enters into subcontracting agreements with local companies to install the cable as required by the project.&nbsp; </FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Copper rod is the base component for most of the Company&#8217;s products.&nbsp; The manufacturing processes for these products require that the rod be &#8220;drawn&#8221; and insulated.&nbsp; In the &#8220;drawing&#8221; process, copper rod is drawn through a series of dies to reduce the copper to a specific diameter.&nbsp; For certain applications, the drawn copper conductor is then plated with tin.&nbsp; Copper used in cable is covered with various insulating materials that are applied in an extrusion process.&nbsp; The insulated wires are then combined, or &#8220;cabled&#8221; to produce the desired electrical properties and transmission capabilities.&nbsp; Then, depending upon the cable, some form of protective cover is placed over the cabled wires.&nbsp; A summary of the manufacturing process used for the Company&#8217;s primary wire and cable products is set forth below.&nbsp; </FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company produces a wide range of bundled telecommunications cable for telephone and data transmissions with different capacities and insulations designed for use in various internal and external environments principally as access cable to connect buildings and residents to trunk cables.&nbsp; Telecommunications cables produced by the Company include copper-based and fiber optic cables.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Production of copper-based telecommunications cable begins by drawing a copper rod until it has reached the desired diameter, after which the drawn wires are subjected to a process called &#8220;annealing&#8221; in which the wires are heated in order to make the wires softer and more pliable.&nbsp; Utilizing an extrusion process, which involves the feeding, melting and pumping of a compound through a die to shape it in final form as it is applied to insulate the wire, the wires are then covered by a polyethylene (&#8220;PE&#8221;) or polyvinyl chloride (&#8220;PVC&#8221;) compound and foam skin, suitable for different installations and environmental conditions.&nbsp; In order to reduce the cross-talk between pairs of communication wires, the insulated wires are then &#8220;twinned&#8221; or twisted so that two insulated single wires are combined to create a color-coded twisted pair.&nbsp; The twisted pairs of wire are then &#8220;cabled&#8221; or &#8220;stranded&#8221; into units of 25 twisted pairs for combination with other 25 pair units to form cable of various widths and capacities.&nbsp; The appropriate number of units is cabled together after stranding to form a round cable core.&nbsp; Depending upon the planned environment, a petroleum jelly compound may then be added to fill the cable core to seal out moisture and water vapor.&nbsp; Aluminum or copper tape is used to &#8220;shield&#8221; the cable and, finally, the shielded cable core is covered by plastic outer sheathing.&nbsp; The Company manufactures telecommunications cable with capacities and sizes ranging from 25 to 3,000 pairs of 0.4 mm-diameter wire to 10 to 600 pairs of 0.9 mm-diameter wire.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Power Cable</FONT></I></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company produces a range of armored and unarmored low voltage power transmission cable.&nbsp; Low voltage power cable, generally considered to be cable with a capacity of 1 to 3.3 kilovolts, is typically used to transmit electricity to and within commercial and residential buildings, as well as to outdoor installations such as street lights, traffic signals and other signs.&nbsp; Armored low-voltage power cable is usually used for public lighting and power transmission running to buildings and installed either above or below ground.&nbsp; Unarmored low voltage cable is mainly used as lighting and power supply cable inside and outside of buildings.&nbsp; The voltage capacity of the Company&#8217;s power cables range from 300 volts to one kilovolt.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Production of unarmored cable begins by drawing and annealing of copper rods.&nbsp; The drawn copper wires are then stranded or &#8220;bunched&#8221; into round or sector-shaped conductors in sizes ranging from 1.5 square millimeters to 1000 square millimeters.&nbsp; The copper conductors are then covered in an extrusion process with a plastic insulator such as PVC, after which 2-5 conductors are twisted into a circular cable core in a cabling process and covered by a plastic outer cover.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Unarmored cable is composed of one or more cores of copper wire, insulated by substances such as PVC.&nbsp; Armored cable is produced in the same manner and the same range of configurations as unarmored cable, but with the addition of an outer layer of galvanized steel or iron wires to protect the cable from damage.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Enameled Wire</FONT></I></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company also produces several varieties of enameled wire.&nbsp; Enameled wire is copper wire varnished, in an enameling process, by insulating materials.&nbsp; The enameling process makes the wire more resistant to oil, heat, friction and fusion, and therefore suitable for use in machinery and components and sub-components of manufactured goods.&nbsp; The Company manufactures enameled wire in sizes that range from 0.02 mm to 4.00 mm in diameter, varnished by various types of petroleum insulation materials including polyvinyl formal, polyurethane wire and polyester, among others.&nbsp; Enameled wire products are used in the assembly of a wide range of electrical products, including oil-filled transformers, refrigerator motors, telephones, radios, televisions, fan motors, air conditioner compressors and other electric appliances.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Copper is the principal raw material used by the Company for copper-based products.&nbsp; The Company purchases copper at prices based on the average prevailing international spot market prices on the LME for copper for the one month prior to purchase.&nbsp; The price of copper is influenced heavily by global supply and demand as well as speculative trading.&nbsp; As with other costs of production, changes in the price of copper may affect the Company&#8217;s cost of sales.&nbsp; Whether this has a material impact on the Company&#8217;s operating margins and financial results depends primarily on the Company&#8217;s ability to adjust selling prices to its customers, such that increases and decreases in the price of copper are reflected in those selling prices.&nbsp; Most sales of the Company&#8217;s Manufactured Products reflect copper prices prevailing at the time the products are ordered.&nbsp; A long-term decrease in the price of copper would require the Company to revalue the value of its inventory at periodic intervals to the then net realizable value, which could be below cost.&nbsp; </FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company purchases copper in the form of rods and cathodes.&nbsp; Copper cathodes are thin sheets of copper purified from copper ore.&nbsp; Copper purchased by the Company in the form of cathodes must be sent to subcontractors to be melted and cast into the copper rods necessary for the manufacturing processes, for a processing fee equal to approximately 3.5% (based on the Company&#8217;s past experience) of the copper cathode purchase price.&nbsp; The Company presently relies on the services of Thai Metal Processing Co., Ltd., the Company&#8217;s long term equity investment, to process its copper cathodes into copper rods in Thailand, although the Company has a variety of processing companies from which to obtain these services.&nbsp; Construction of such a processing facility could also be an additional source of revenues and profit, to the extent that sales are made <FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">to unaffiliated parties.&nbsp; Copper rods are drawn into copper wire for the production of telecommunications cable, power cable and enameled wire.</FONT></FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company has historically purchased a substantial portion of its copper rods from PEWC.&nbsp; Under the Composite Services Agreement between the Company and PEWC, PEWC agreed to supply to the Company on a priority basis its copper rod requirements at prices at least as favorable as prices charged to other purchasers in the same markets purchasing similar quantities.&nbsp; PEWC continues to be the principal supplier of copper rods to the Company&#8217;s operations in other Asian countries.&nbsp; Under the Company&#8217;s copper rod supply arrangements, orders will be placed between eight to ten weeks before the desired delivery date, with prices &#8220;pegged&#8221; to the average spot price of copper on the LME for the one month prior to delivery plus a premium.</FONT></P>
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<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company purchases both copper cathodes which are subjected to a 1.0% import tariff, and copper rods which normally are subject to a 5.0% import tariff for its Thailand operations. The key suppliers are Sterlite Industries (India) Ltd - India, PEWC-Taiwan, Prime Global Corp.-Korea, Lanexang Mineral Ltd.-Laos and the Mitsubishi Corporation Unimetal Ltd.-Japan, Mitsubishi Corporation, Glencore International AG., and Marubeni Corporation. The Company has regularly signed one-year contracts with each of the copper suppliers, pursuant to which the Company agrees to purchase a set quantity of copper each month. Under the terms of such contracts, the price of copper is usually pegged to the monthly average of the spot price of copper on the LME for the delivery month (M-0), or 1 month before delivery month (M-1) plus a premium. The Company has almost two decades of good relationships with many copper suppliers, and currently believes that the copper suppliers will be capable of providing an adequate supply of copper for the Company&#8217;s requirements. The Company does not anticipate any change in relations with its copper suppliers in the near term.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company attempts to maintain approximately a three to five week supply of copper rods and cathodes for its Thai operations and approximately a two to four week supply in Singapore.&nbsp; In PEWS, the Company generally maintains one to two weeks of supply of copper rods and cathodes.&nbsp; In APEC, the copper supply was maintained at one to two weeks during 2012. In Epan Industries whose copper is purchased through CCH HK, approximately three weeks of copper supply is preserved for manufacturing purposes. &nbsp;The Company has never experienced a material supply interruption or difficulty obtaining a sufficient supply of copper rod or cathode.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Other raw materials used by the Company include aluminum used as a conductor in power cable and petroleum-based insulation materials such as PE, PVC and jelly compounds for insulating covers on cables and varnishes on enameled wire; aluminum foils for sheathing of communication cable; and galvanized steel wire for the production of armored wire.&nbsp; The Company has not had any difficulty in maintaining adequate supplies of these raw materials and expects to continue to be able to purchase such raw materials at prevailing market prices.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Other than import tariffs in Thailand, the Company does not face any restriction or control on the purchase or import of its raw materials.&nbsp; The Company may freely choose its suppliers and negotiate the price and quantity of material with its suppliers.&nbsp; The Company formulates consumption plans for raw materials regularly and continually monitors market conditions in respect of the supply, price and quality of raw materials.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Inflation would increase the cost of raw materials and operating expenses for the Company.&nbsp; The Company would try to maintain its gross margins by increasing the prices of its products.</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="ms mincho">&#8195;&nbsp;</FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 36pt; MARGIN: 1pt 0cm 4pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">4.3.4&nbsp;&nbsp;&nbsp;&nbsp; Quality Control</FONT></B></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company places a significant emphasis on product quality.&nbsp; The Company has implemented a range of quality control procedures with stringent quality standards under the supervision of dedicated quality control <FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">staff.&nbsp; Quality control procedures are implemented from the raw material to the finished product stages at each of the Company&#8217;s major production facilities.&nbsp; Raw materials are inspected to ensure they meet the necessary level of quality before production begins.&nbsp; During the manufacturing process, quality control procedures are performed at several stages of production.&nbsp; Upon completion, finished goods are brought to quality control centers set up in the factory for inspection and testing of different electrical and physical properties.</FONT></FONT>

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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Depending on the requirements of its customers, the Company has the capability to manufacture its products to meet a variety of different quality and production standards.&nbsp; These include local standards and certifications, such as the Singapore Institute of Standards and Industrial Research Quality Mark and the Thailand Industrial Standard, as well as other standards including the National Electrical Manufacturers Association Standard, the British Standard, the Japan Industrial Standard and Underwriters Laboratories Inc. Standard, as applicable.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">All the major companies in the group have attained International Standards Organization (&#8220;ISO&#8221;) 9002 certification for quality management and assurance standards in the manufacture of electric wire and cable and have maintained that certification for at least the last ten years.&nbsp; The certifications mean that the companies have in place quality assurance systems and the capability to consistently manufacture products of quality.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">4.3.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sales and Marketing</FONT></B></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company&#8217;s telecommunications cable and power cable products are primarily sold in the domestic markets of the countries where they are manufactured, whereas most of the enameled wire manufactured by the Company in Thailand is exported.&nbsp; Enameled wire sold by Epan Industries in Singapore is manufactured by PEWS in Shenzhen, China.&nbsp; The enameled wire is also exported to the customers throughout Southeast Asia.&nbsp; The following table sets forth the Company&#8217;s sales revenues for the periods indicated among its three business segments &#8212; i.e., Manufactured Products, Distributed Products, and SDI and, within the Manufactured Products segment, by geographic locations of manufacturing, together with their respective percentage share of total sales for such periods. </FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(Figures in 2010 were restated to reflect the results of discontinued operations of SPFO. For details, see &#8220;Item 5.3: Operating Results&#8221;)</FONT></B></P>
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<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Years ended December 31, </FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Manufactured Products:</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="1%" noWrap>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap>
<P style="MARGIN: 0cm 9.35pt 0pt 0cm"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="1%" noWrap>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="1%" noWrap>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap>
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap>
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="HEIGHT: 15pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="25%" noWrap>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Thailand</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="1%" noWrap>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">190,364 </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">42.6%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="1%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">186,034 </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">39.4%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="1%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">180,914</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">39.1%</FONT></P>
</TD></TR>
<TR style="HEIGHT: 15pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="25%" noWrap>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Singapore</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="1%" noWrap>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">34,248 </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">7.7%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="1%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">52,353 </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">11.1%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="1%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">44,603</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">9.6%</FONT></P>
</TD></TR>
<TR style="HEIGHT: 15pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="25%" noWrap>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Australia</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="1%" noWrap>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">45,053 </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">10.1%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="1%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">58,932 </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">12.5%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="1%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">60,019</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">13.0%</FONT></P>
</TD></TR>
<TR style="HEIGHT: 15.7pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="25%" noWrap>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">China</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="1%" noWrap>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">126,394</FONT></P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">28.3%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="1%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">132,155 </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">28.0%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="1%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">115,487</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">25.0%</FONT></P>
</TD></TR>
<TR style="HEIGHT: 15.7pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="25%" noWrap>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Total </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="1%" noWrap>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">396,059 </FONT></P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">88.7%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="1%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">429,474 </FONT></P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">91.0%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="1%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">401,023</FONT></P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">86.7%</FONT></P>
</TD></TR>
<TR style="HEIGHT: 15.7pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="25%" noWrap>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Distributed Products (1)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="1%" noWrap>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">26,935 </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">6.0%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="1%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">25,500 </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">5.4%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="1%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">54,797</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">11.9%</FONT></P>
</TD></TR>
<TR style="HEIGHT: 15.7pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="26%" colSpan=2 noWrap>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">SDI Project Engineering (2)</FONT></P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">23,600 </FONT></P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">5.3%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="1%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">16,972 </FONT></P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">3.6%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="1%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">6,445</FONT></P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">1.4%</FONT></P>
</TD></TR>
<TR style="HEIGHT: 15.7pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="25%" noWrap>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Total Net Sales</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="1%" noWrap>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">446,594 </FONT></P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">100.0%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="1%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">471,946 </FONT></P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">100.0%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="1%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">462,265</FONT></P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" noWrap align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">100.0%</FONT></P>
</TD></TR>
<TR>
     <TD style="BACKGROUND-COLOR: #ffffff" vAlign=bottom width="100%" colSpan=10 noWrap>
<P style="MARGIN: 0cm 0pt 0pt 0cm"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">&nbsp; </FONT></P>
</TD></TR>
<TR style="HEIGHT: 15pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=bottom width="100%" colSpan=10 noWrap>
<P style="MARGIN: 0cm 0pt 0pt 0cm"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">(1) Distributed products are sold in Singapore, Thailand, and Australia.</FONT></P>
</TD></TR>
<TR style="HEIGHT: 15.7pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15.7pt; PADDING-TOP: 0cm" vAlign=bottom width="100%" colSpan=10 noWrap>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">(2) All SDI project Engineering is supplied in Singapore.</FONT></P>
</TD></TR></TABLE></DIV>
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<P style="TEXT-ALIGN: left; MARGIN: 2pt 0cm 6pt" align=left><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 10.5pt" lang=X-NONE color=black face="Times New Roman"></FONT>&nbsp;</P>
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<P style="TEXT-ALIGN: center">29</P>
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<P style="TEXT-INDENT: 22.5pt; MARGIN: 0cm 7.2pt 0pt 0cm"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Sales within Thailand and Singapore are made directly by the sales department of the Company&#8217;s local subsidiaries in accordance with terms and pricing set by the local subsidiaries.&nbsp; The local subsidiaries are also responsible for sales planning, marketing strategy and customer liaison.&nbsp; The Company&#8217;s sales staff is knowledgeable about the Company&#8217;s products and frequently must render technical assistance, consulting services and repair and maintenance services to the Company&#8217;s customers.&nbsp; In order to ensure quality service and maintain sensitivity to market conditions, the Company does not conduct sales through independent sales agents on a commission basis but uses its own sales employees located at the operating subsidiaries.</FONT></P>
<P style="TEXT-INDENT: 22.5pt; MARGIN: 0cm 7.2pt 0pt 0cm">&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">As copper constitutes the most significant component of the Company&#8217;s wire and cable products, the price of the Company&#8217;s products depends primarily upon the price of copper.&nbsp; In order to minimize the impact of copper price fluctuations, the Company attempts to determine the prices of its products based on the prevailing market price of copper.&nbsp; The Company may be affected, to a degree, in the short term by significant fluctuations in the price of copper. </FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt">&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Payment methods for the Company&#8217;s products vary with markets and customers.&nbsp; The majority of sales by the Company of its Manufactured Products requires payment within 90 days, but may vary depending on the customer and payment record.&nbsp; Sales pursuant to a successful project tender or sales to governmental or public utilities are conducted in accordance with the tender or other applicable regulations.&nbsp; In connection with the distribution of medium and high voltage power cable manufactured by PEWC, the Company is required to pay PEWC 90% of the cost of the products either within 30 days of receipt of the product or, in the case of SDI products, upon installation, with the remaining 10% in either case to be paid within one year.&nbsp; In connection with the purchase of copper rod, the Company is required to pay PEWC the cost of the copper rod within 30 days from obtaining the products from PEWC.&nbsp; For the export market, payment is usually made by prior delivery of an irrevocable letter of credit.&nbsp; Neither the Company nor its local subsidiaries offers financing for purchases of the Company&#8217;s products.&nbsp; Except for PEWS, CCH HK and Epan Industries, the Company&#8217;s subsidiaries sell their products in the local currency of the country of sale.&nbsp; Company employees engaged in sales and marketing are paid a salary and may also receive a bonus based on performance.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt">&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Products are marketed under the respective names of each company.&nbsp; For instance, products manufactured by Siam Pacific are marketed under the &#8220;Siam Pacific&#8221;. Products manufactured by Sigma Cable are sold under the &#8220;Sigma Cable&#8221; brand.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt">&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Thailand</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><EM></EM>&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">The Company produces and sells telecommunication cable, enameled wire and power cable in Thailand. Charoong Thai is one of the leading cable manufacturers in Thailand. Our distribution channels are both direct sell and agencies to the government and private sectors. The major customers of the Company are many prominent clients working with the government and contractors (</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">True Corporation Plc (&#8220;True&#8221;)</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">, TT&amp;T (&#8220;Triple T&#8221;), etc.), subcontractors, and distributors for the private sector. Charoong Thai successfully concluded many projects, for instance, Suwannabhumi International Airport, Government Center, PTT Maptaput, and BRT (Bus Rapid Transit). </FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt">&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Singapore</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><EM></EM>&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company produces and sells low voltage power cable in Singapore.&nbsp; In addition, the Company sells a wide range of wire and cable products produced by PEWC.&nbsp; The Company also offers project engineering services for the SDI of medium and high voltage power cable to power transmission projects in Singapore.</FONT></P>
<a name="_bclFooter33"></a><DIV>
<P style="TEXT-ALIGN: left; MARGIN: 2pt 0cm 6pt" align=left><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 10.5pt" lang=X-NONE color=black face="Times New Roman"></FONT>&nbsp;</P>
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<P style="TEXT-ALIGN: center">30</P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">In Singapore alone, sales of Manufactured Products in 2012 accounted for 48.5% of the total net sales in Singapore; sales of Distributed Products in 2012 accounted for 44.5%, the remaining 7.0% representing SDI project engineering services. In 2012, sales of SDI project engineering services to SP Power Assets Ltd. accounted for 100% of the Company&#8217;s SDI sales. Such sales are under a comprehensive contract, with purchase orders placed from time to time with the Company by SP Power Assets Ltd.&nbsp; </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Sales of Manufactured Products, i.e., power cable since 2010 have been as follows:</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt">&nbsp;</P>
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<TABLE style="WIDTH: 100%" border=0 cellSpacing=0 cellPadding=0>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="40%">
<P style="TEXT-ALIGN: center; PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt" align=center><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="60%" colSpan=3>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Years ended December 31,</FONT></B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"><BR>
</FONT><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(figures are in thousands of US$)</FONT></B></P>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="40%">
<P style="TEXT-ALIGN: center; PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt" align=center><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="20%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2010</FONT></B></P>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="20%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2011</FONT></B></P>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="20%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2012</FONT></B></P>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="40%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Manufactured Product:</FONT></P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="20%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="20%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="40%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Power Cable</FONT></P>
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     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="20%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">34,248</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="20%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">52,353</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="20%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">44,603</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="40%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Total</FONT></P>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="20%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">34,248</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="20%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">52,353</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="20%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">44,603</FONT></P>
</DIV></TD></TR></TABLE></DIV>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT></I>&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">China</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><EM></EM>&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company produces and sells copper-based telecommunication cable and enameled wire in China.&nbsp; The Company&#8217;s China operations are conducted through six</FONT><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"> </FONT></B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">business entities.&nbsp; Copper-based telecommunication cables are generally sold to the national, provincial or local offices of the fixed-line and mobile telecommunications network operators or sub-contractors of such agencies.&nbsp; The Company generally sells enameled wire directly to manufacturers of electric motors for use in various consumer appliances.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt">&nbsp;</P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 27pt; MARGIN: 1pt 0cm 4pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">4.3.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Competition</FONT></B></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 27pt; MARGIN: 1pt 0cm 4pt"><STRONG></STRONG>&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The wire and cable industry in the Asia Pacific region is highly competitive.&nbsp; The Company&#8217;s competitors include a large number of independent domestic and foreign suppliers.&nbsp; Certain competitors in each of the Company&#8217;s markets have substantially greater manufacturing, sales, research and financial resources than the Company.&nbsp; The Company and other wire and cable producers increasingly compete on the basis of product quality and performance, reliability of supply, customer service and price.&nbsp; To the extent that one or more of the Company&#8217;s competitors is more successful with respect to the primary competitive factors, the Company&#8217;s business could be adversely affected.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt">&nbsp;</P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Thailand</FONT></I></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><EM></EM>&nbsp;</P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The wire and cable industry in Thailand is highly competitive.&nbsp; In its various product lines, the Company competes with a total of approximately thirty local wire and cable manufacturers and, to a lesser extent, with foreign producers for sales in Thailand of telecommunications cable, power cable and enameled wire.&nbsp; The Company is one of the five largest producers in the Thai market.&nbsp; These five largest producers are the only producers of telecommunications cable approved by the Thai Industrial Standards Institute and, therefore, the only cable producers whose products may be used in government-commissioned projects.&nbsp; Stringent governmental approval processes, tariffs and other import restrictions have limited competition in the Thailand market from foreign wire and cable producers.&nbsp; The Company also experiences significant competition from a number of smaller producers with regard to sales of enameled wire products.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt">&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Singapore</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><EM></EM>&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company believes that Sigma Cable is one of the major suppliers of power cable products in Singapore, it experiences significant competition from other local producers. There is no tariff or other barrier against foreign competition in the local Singapore market and potential competitors are free to enter the industry.&nbsp; However, because of high capital costs, the Company believes it is unlikely that there will be new domestic entrants to the wire and cable industry in Singapore in the near future.</FONT></P>
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<P style="TEXT-ALIGN: center">31</P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Australia</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><EM></EM>&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Currently, besides APEC, there are two major wire and cable producers in Australia:&nbsp; Olex Cables (owned by Nexans) and Prysmian Cables, with factories in the states of Victoria and New South Wales, respectively.&nbsp; Also, Advance Cable, a cable producer with a factory in Victoria, has recently obtained a bigger market share. In addition, a significant portion of the Australian market is serviced by two importers:&nbsp; (i) General Cables Australia, which imports cables from its parent company General Cables, which manufactures cables in New Zealand and (ii) Electra Cables, which imports cables from factories in China.&nbsp; These companies are APEC&#8217;s principal competitors.&nbsp; APEC however is the only power cable producer in Queensland and therefore seeks to take advantage of its comparative proximity to customers in contrast to competitors that are required to transport their products into Queensland from other states in Australia.</FONT><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&nbsp; </FONT></B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">APEC has also opened sales offices with warehousing facilities in Sydney, Melbourne, Brisbane, and Perth in order to attract and service the customers in those regions. In February 2011, APEC entered into a distribution agreement with one of the regional suppliers with the hope that this collaboration will bring extra business to Australia operations. Foreign competition barriers exist with import duties and the more stringent Australian cable specifications standards.&nbsp; Asean (Association of South East Asian Nations) Free Trade Area (AFTA) Agreements are in effect with Singapore and Thailand, among other Asian countries.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt">&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">China</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><EM></EM>&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">PEWS manufactures enameled wires in the Shenzhen Special Economic Zone in Guangdong Province for electronic, video and audio products for the South China market and for export.&nbsp; After a restructuring, Epan Industries, one of the subsidiaries of Sigma-Epan, became the trading arm of PEWS. It supplies mainly to overseas transformer, motor and coil manufacturers.&nbsp; It faces competition principally from overseas imports and local manufacturers.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt">&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Shanghai Yayang is the only major enameled wire producer in Shanghai and it supplies mainly to transformer, motor and coil manufacturers in the eastern part of China.&nbsp; It faces competition principally from overseas imports and manufacturers from other provinces in China.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt">&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">In addition to the disposal in 2011 of SPFO, in 2012 the Board also approved the disposal of a 48.73% equity investment in Shandong Huayu Pacific Fiber Optics Communication, Co., Ltd., an equity investee of the Company, to exit the fiber optic cable market in Shandong Province completely.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt">&nbsp;</P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 27pt; MARGIN: 1pt 0cm 4pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">4.3.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Regional Considerations</FONT></B></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 27pt; MARGIN: 1pt 0cm 4pt"><STRONG></STRONG>&nbsp;</P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The principal Asian markets in which we do business have displayed exceptional overall economic growth in recent years compared to the United States and a number of other more developed markets, subject to occasional episodes of economic and currency exchange volatility attributable to various factors including the increased risks of emerging market investment, actual or potential political instability and pandemics such as the SARS health crisis several years ago.&nbsp; In some countries, the International Monetary Fund (the &#8220;IMF&#8221;) exerts considerable influence over economic policy and provides support to stabilize the domestic economy.&nbsp; In general, the Asian markets in which we do business have been export-driven in recent years and have in the case of China and Singapore, for example, accumulated considerable capital reserves, which contributes to a more stable business environment.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt">&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Thailand</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><EM></EM>&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">A substantial portion of the Company&#8217;s Thai operations, whose Manufactured Products accounted for approximately 39.1% of the Company&#8217;s net sales in 2012, consists of the manufacture of telecommunications and power cable and sales of those products for use in large-scale telecommunications projects and various construction projects in Thailand.&nbsp; The volume of sales of these products tends to correlate with the general <FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">level of economic activity in Thailand.&nbsp; As a result, the performance of the Company&#8217;s Thai operations depends in significant part on the general state of the Thai economy.&nbsp; Infrastructure development and related construction projects in Thailand depend significantly upon government sponsored initiatives.&nbsp; In recent years, the level of government involvement in infrastructure development has tended to track increases or contractions in Thailand&#8217;s gross domestic product (&#8220;GDP&#8221;).&nbsp; Overall, the construction industry and infrastructure projects have slowed considerably, thereby affecting local sales, placing competitive pressure on prices and prompting the Company to rationalize Thai operations and actively seek overseas export markets.</FONT></FONT></P>
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<P style="TEXT-ALIGN: center">32 </P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Telecommunications</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><EM></EM>&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Sales of the Company&#8217;s telecommunication products in Thailand have depended to a significant degree on the substantial investment in and development of the telecommunications sector by the Thai government.&nbsp; In particular, the Company&#8217;s sales of Manufactured Products are affected by the dollar value of contracts awarded by the government for telecommunications and other infrastructure projects.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt">&nbsp;</P>
<P style="TEXT-INDENT: 18.6pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company produces and sells copper core telecommunications cable, enameled copper wire and enameled aluminum wire to Thailand market, and also export enameled wire to overseas markets. Sales of telecommunications cable, one of the Company&#8217;s leading product in Thailand, are conducted either by tender for participation in large scale telecommunications project of the </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN face="Times New Roman">Telephone Organization of Thailand </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Corporation Plc. (&#8220;TOT&#8221;), or direct to subcontractors of Triple T and True, the two private telephone line contractors which would be licensed by TOT with regard to particular projects. The Company generally sells enameled wire directly to electrical appliance manufacturers or an OEM for both the local and export market, and in smaller units that are sold to local dealers.</FONT></P>
<P style="TEXT-INDENT: 18.6pt; MARGIN: 0cm 0cm 0pt">&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Power</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><EM></EM>&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">In Thailand, the prevailing historical trend has been that economic growth would stimulate rapid growth in the demand for electric power, and annual rates of growth in electricity demand would outpace annual economic growth rates.&nbsp; Despite the rapid growth in electricity demand, electricity consumption in Thailand remains low by international standards.&nbsp; The Company believes that, in the medium to longer term, there will be an increased demand for power supply which will lead to increased demand for the Company&#8217;s power cable products from both developers of power production facilities and contractors installing power supply lines.&nbsp; </FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt">&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Singapore</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><EM></EM>&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">The Company&#8217;s distribution and project engineering business segments are concentrated in the Singapore market.&nbsp; In 2012, the Company realized </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$6.4 million </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">in revenues from SDI projects, compared to </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$17.0 million </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">in 2011.&nbsp; </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Revenue in Singapore from Distributed Products in 2012 was $41.9 million, increased by $37 million compared to the results in 2011.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt">&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">The Singapore government has established targets to increase the population from 4.6 million in 2007 to approximately 6 million by the end of 2020.&nbsp; This planned growth in population is expected to result in an increase in demand for residential property and construction. The Company continues to seek ways to increase its business volume in its project engineering business segment. </FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt">&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">China</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><EM></EM>&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The economy of China differs from that of most developed free-market economies in a number of respects, including structure, degree of government involvement, level of development, growth rate, capital reinvestment, allocation of resources, rate of inflation and balance of payments position.&nbsp; In recent years, the PRC government has implemented economic reform measures which emphasize decentralization, utilization of market forces and the development of foreign investment projects</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">of which Shanghai Yayang is an example.</FONT></P>
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<P style="TEXT-ALIGN: left; MARGIN: 2pt 0cm 6pt" align=left><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 10.5pt" lang=X-NONE color=black face="Times New Roman"></FONT>&nbsp;</P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company&#8217;s Manufactured Products are produced at facilities located on premises owned or leased by Siam Pacific, Charoong Thai, Sigma Cable, APEC, Shanghai Yayang, PEWS, NPC.&nbsp; The following is a summary of the Company&#8217;s material facilities and operations as of December 31, 2012.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Siam Pacific owns a 7.45 acre production facility near Bangkok, Thailand, located on a 26.79 acre site that it also owns.&nbsp; Telecommunications cable and enameled wire are manufactured here.&nbsp; The production facility constitutes a portion of certain property and assets which are pledged to a financial institution.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Charoong Thai owns a 24.7 acre production facility in Chachoengsao province, near Bangkok, Thailand, where telecommunications cable and power cable are manufactured.&nbsp; The production facility is located on a 57.9 acre site which Charoong Thai also owns.&nbsp; Neither the production facility nor the land is mortgaged.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Sigma Cable produces power cable on a 19,373 square meter site in Singapore leased from the Jurong Town Corporation (&#8220;JTC&#8221;) for 30 years from September 16, 2000 to September 16, 2030.&nbsp; JTC is a government-linked corporation and is Singapore&#8217;s largest industrial landlord.&nbsp; Building assets, with a total loan value of $11.7 million are pledged to United Overseas Bank.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">APEC owns a 6,735 square meter power cable manufacturing facility on a 39,000 square meter land parcel in Brisbane, Australia. The land and building therein is mortgaged to Westpac Banking Corporation of Australia as security for a bank facility of approximately A$10.0 million (equivalent to $10.4 million).</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Shanghai Yayang operates a factory that produces enameled wires, located in an area of approximately 27,839 square meters of state-owned land in an industrial district in Fengxian, Shanghai.&nbsp; Assets consisting of buildings of $1 million are pledged to the Agricultural Bank of China. </FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">PEWS manufactures enameled wire in a facility on 36,000 square meters of state-owned land with a built-up area of 20,367 square meters in Long Gang, Shenzhen, China.&nbsp; A leasehold right of industrial land use for the land has been granted for 49 years.&nbsp; The land and building of $0.8 million is pledged to Agricultural Bank of China as security for a $7.9 million bank loan granted in 2003 and extended through May 2011. This facility is now further extended to end of July 2013.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Sigma-Epan leases</FONT><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"> </FONT></B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">an office space from Sigma Cable in Singapore where it employs nine individuals in its trading operations. </FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">NPC ceased to be operational in 2006 due to unsatisfactory results and incompetent management team. The Board passed a resolution in October 2009 to re-construct NPC&#8217;s facilities to be used for production of electronic wires. The factory now occupies 44,000 total square meters, with a land usage right expiring July, 2044. NPC is situated in Ing-Chiang Township in Ningbo City in </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Zh&#232; Ji&#257;ng Province, China.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">All of the Company&#8217;s facilities in Thailand, Singapore, Australia and China use production processes and equipment of international standard imported from Europe, the United States, Taiwan, and Japan.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The production capacity and extent of utilization of the Company&#8217;s facilities varies from time to time and such information is considered to be commercially sensitive and proprietary information.</FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 27pt; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">4.5&#8195;Insurance</FONT></B></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company maintains insurance policies covering certain buildings, machinery and equipment against specified amounts of damage or loss caused by fire, flooding, other natural disasters and burglary and theft.&nbsp; The Company does not carry insurance for consequential loss arising from business interruptions or political <FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">disturbances and does not carry product liability insurance.&nbsp; In addition, the availability of insurance in China is limited, and the Company does not have business liability or disruption insurance for our operations in China.&nbsp; The Company believes that it maintains insurance coverage commensurate with the nature of and risks associated with its business, to the extent that appropriate insurance is available in the markets in which we conduct business. Siam Pacific, however, encountered a slight delay when it was trying to secure insurance coverage for year 2012 as the insurance companies operating in the Thai market fear the flooding may re-occur this year. Siam Pacific is reasonably confident that ultimately it will find a suitable insurance company to cover fire, flood, and theft.</FONT></FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 27pt; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">4.6&#8195;Environmental Matters</FONT></B></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company is subject to a variety of laws and regulations covering the storage, handling, emission and discharge of materials into the environment.&nbsp; The Company believes that all of its operations are in compliance with, and in certain circumstances exceed, all applicable environmental laws and regulations.&nbsp; The Company has not been subject to any legal, regulatory or other action alleging violations or breaches of environmental standards.&nbsp; While it is difficult to accurately estimate future environmental compliance costs and potential liabilities, if any, accurately, the Company does not currently anticipate any material adverse effect on its consolidated results of operations, financial position or cash flows as a result of compliance with these laws.</FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Item 5:&#8195;Operating and Financial Review and Prospects</FONT></B></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The following discussion should be read in conjunction with the information contained in our audited consolidated financial statements and notes thereto (the &#8220;Financial Statements&#8221;) presented in Item 18 of this Annual Report.&nbsp; Because around 91.0% of the Company&#8217;s revenues were derived from its Manufactured Products segment for the year ended December 31, 2012, the following discussion is not presented on a segment basis.</FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 27pt; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">5.1&#8195;Disclosures of Critical Accounting Policies</FONT></B></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Management&#8217;s discussion and analysis of financial condition and results of operations discusses the Company&#8217;s consolidated financial statements, which have been prepared in accordance with accounting principles generally accepted in the United States.&nbsp; The preparation of these financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.&nbsp; On an ongoing basis, management evaluates its estimates and judgments.&nbsp; Management bases its estimates and judgments on historical experience and on various other factors that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources.&nbsp; Actual results may differ from these estimates under different assumptions or conditions.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Management believes the following critical accounting policies, among others, affect its more significant judgments and estimates used in the preparation of its consolidated financial statements.</FONT></P>
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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><U><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Principles of Consolidation</FONT></U></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: 21.35pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">The consolidated financial statements include the accounts of the Company and its subsidiaries.&nbsp; All intercompany accounts and transactions have been eliminated on consolidation.&nbsp; The Company&#8217;s investments for which its ownership exceeds 20%, but which are not majority-owned or controlled, are accounted for using the equity method if the Company has the ability to exercise significant influence over the companies&#8217; operating and financial policies. When the Company&#8217;s carrying value in an equity investee company is reduced to zero, no further losses are recorded in the Company&#8217;s consolidated financial statements unless the Company has guaranteed obligations of the investee company or has <FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">committed additional funding. When the investee company subsequently reports income, the Company will not record its share of such income until it equals the amount of its share of losses not previously recognized.</FONT></FONT></P>
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<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><U><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Use of Estimates</FONT></U></P>
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<P style="TEXT-INDENT: 20.35pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The preparation of the consolidated financial statements in conformity with generally accepted accounting principles accepted in the United States requires management to make estimates, judgements, and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Significant estimates reflected in the Company&#8217;s consolidated financial statements include, but are not limited to, useful lives and residual values of long-lived assets, impairment assessment of long-lived assets and goodwill, allowance for accounts and other receivable, accounting for deferred income tax, income tax position, inventory valuation, valuation allowance of deferred tax assets. Actual results could differ from those estimates.</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -20.25pt; MARGIN: 0cm 0cm 0pt 20.25pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><U><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Cash and Cash Equivalents</FONT></U></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 20.35pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Cash and cash equivalents include cash on hand, bank deposits and all short-term highly liquid investments with an original maturity of three months or less and are readily convertible to known amounts of cash.</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 0pt"><U><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Inventories</FONT></U></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 20.35pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Inventories are valued at the lower of cost or market. Cost is determined using the first-in, first-out or weighted average method.</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 20.35pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: 20.35pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">If the expected selling price less completion costs and costs to execute sales (market) is lower than the carrying amount, a write-down is charged to expenses in cost of sales for the amount by which the carrying amount exceeds its market. When the finished goods that were previously written down to market are subsequently sold at above market, a recovery is credited to cost of sales.</FONT></P>
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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 0pt"><U><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Income Taxes</FONT></U></P>
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<P style="TEXT-INDENT: 20.35pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company follows the liability method of accounting for income taxes in accordance with ASC 740, <EM>&#8220;Income Taxes&#8221;</EM> (&#8220;ASC 740&#8221;). Under this method, deferred tax assets and liabilities are determined based on the difference between the financial reporting and tax bases of assets and liabilities using enacted tax rates that will be in effect in the period in which the differences are expected to reverse. Current income tax expense is the amount of income taxes expected to be payable for the current year. Deferred income tax balances reflect the effects of temporary differences between the carrying amounts of assets and liabilities and their tax basis and are stated at enacted tax rates expected to be in effect when taxes are actually paid or recovered. ASC 740, requires that deferred tax assets be evaluated for future realization and reduced by a valuation allowance to the extent the Company believes a portion will not be realized.&nbsp; The Company considers many factors when assessing the likelihood of future realization of its deferred tax assets, including its recent cumulative earnings experience and expectations of future taxable income by taxing jurisdiction, the carry-forward periods available to the Company for tax reporting purposes, and other relevant factors. Deferred income tax expense (benefit) is the net change during the year in the deferred income tax asset or liability.</FONT></P>
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<P style="TEXT-INDENT: 20.35pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company adopted the provisions of ASC 740 to account for uncertainties in income taxes.&nbsp; ASC 740 contains a two-step approach to recognizing and measuring uncertain tax positions.&nbsp; The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any.&nbsp; The second step is to measure the tax benefit as the largest amount, which is more than 50% likely of being realized upon ultimate settlement.&nbsp; The Company considers many factors when evaluating and <FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">estimating its tax positions and tax benefits, which may require periodic adjustments and which may not accurately anticipate actual outcomes. The Company&#8217;s policy is to recognize interest expense and penalties related to income tax matters as a component of income tax expense.</FONT></FONT></P>
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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 0pt"><U><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Property, Plant and Equipment</FONT></U></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Property, plant and equipment are stated at cost less depreciation and any impairment losses. Asset leases qualifying as capital leases are also included in property, plant and equipment. Major renewals and improvements are capitalized and minor replacements, maintenance, and repair expenses are charged to current operations as incurred. Depreciation is computed using the straight-line method over the estimated useful lives of the assets or the respective lease term, whichever is shorter, as follows:</FONT></P>
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<TABLE style="WIDTH: 80%" border=0 cellSpacing=0 cellPadding=0>
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     <TD width="30%">
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN-TOP: 0cm; MARGIN-BOTTOM: 0pt; MARGIN-RIGHT: 0cm"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Land </FONT></P>
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     <TD width="70%"><FONT style="FONT-SIZE: 10pt">Nil</FONT></TD></TR>
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     <TD width="30%">
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Land use rights </FONT></P>
</TD>
     <TD width="70%"><FONT style="FONT-SIZE: 10pt">15 - 50 years</FONT></TD></TR>
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     <TD width="30%">
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Buildings </FONT></P>
</TD>
     <TD width="70%"><FONT style="FONT-SIZE: 10pt">5 - 30 years</FONT></TD></TR>
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     <TD width="30%">
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Machinery and equipment </FONT></P>
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     <TD width="70%"><FONT style="FONT-SIZE: 10pt">5 - 10 years</FONT></TD></TR>
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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Motor vehicles </FONT></P>
</TD>
     <TD width="70%"><FONT style="FONT-SIZE: 10pt">3 - 10 years</FONT></TD></TR>
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     <TD width="30%">
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Office equipment </FONT></P>
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     <TD width="70%"><FONT style="FONT-SIZE: 10pt">3 - 10 years</FONT></TD></TR></TABLE></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Depreciation for 2010, 2011 and 2012 amounted to $6,857, $6,462 and $4,975, respectively. No depreciation expense is charged for construction in progress and machinery and equipment under installation.</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">No depreciation expense is charged for construction in progress and machinery and equipment under installation.</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 14.05pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Capitalized interest on construction in progress is added to the cost of the underlying asset and is depreciated over the estimated useful life of the asset in the same manner as the underlying asset. Interest capitalized for 2011 and 2012 amounted to $9 and $69, respectively. The capitalized interest was related to and has been included as part of the cost of Ningbo Pacific&#8217;s construction in progress.&nbsp; </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">When property, plant and equipment are retired, sold or otherwise disposed of, the asset&#8217;s carrying amount and related accumulated depreciation are removed from the accounts and any gain or loss is included in operations. </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: left; TEXT-INDENT: 21.3pt; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">In 2006, the Company terminated the Ningbo Pacific joint venture and liquidated its major equipment at the Ningbo Pacific facility. In October 2009, the Company has made a resolution to acquire an additional shareholding of Ningbo Pacific from the PRC joint venture partner. The acquisition was completed on July 22, 2012. CCH HK, a wholly-owned subsidiary of the Company, currently owns 100% of Ningbo Pacific. The Company currently plans to resume manufacturing operations with the newly constructed facilities at the Ningbo Pacific site in 2013, although a commencement date has not yet been established.</FONT></FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Management determines the appropriate classification of its investments at the time of purchase and re-evaluates such designation as of each balance sheet date.&nbsp; </FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company accounts for its investments in equity securities of privately-held companies as cost method investment in accordance to ASC 325, <EM>&#8220;Investments &#8211; Others&#8221;</EM> as these securities do not have readily determinable fair value. Investments in which the Company does not have a controlling interest or an ownership voting interest to exert significant influence, and which are not publicly traded are accounted for at cost.</FONT><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company accounts for its investments in debt and equity securities that have readily determinable fair value using ASC 320, <EM>&#8220;Investments &#8211; Debt and Equity Securities&#8221;</EM>. Debt securities are classified as held-to-</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">maturity when the Company has the positive intent and ability to hold the securities to maturity. Held-to-maturity securities are recorded as either short term or long term on the balance sheet, based on contractual maturity date and are stated at amortized cost. Equity securities are classified as available-for-sale, as the Company does not trade in these securities, but rather they are held as longer term investments due to business relationships with the entities. Available-for-sale securities are carried at fair value, with the unrealized gains and losses, net of tax, reported in a separate component of shareholders&#8217; equity. Realized gains and losses and declines in values judged to be other-than-temporary on available-for-sale securities are included in investment income.&nbsp; The cost of securities sold is based on the specific identification method. Interest and dividends on securities classified as available-for-sale are included in investment income.</FONT></P>
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<P style="TEXT-INDENT: 20.35pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Investments in entities in which the Company can exercise significant influence but does not own a majority equity interest or control are accounted for using the equity method of accounting under ASC 323, <EM>&#8220;Investments&#8212;Equity Method and Joint Ventures&#8221;</EM> (&#8220;ASC 323&#8221;), and included as investment in equity investees in the balance sheets. Under the equity method, the Company&#8217;s proportionate share of each equity investee&#8217;s net income or loss is included as share of income (losses) of equity investees in the statements of operations. An investor records its proportionate share of equity adjustments for other comprehensive income (e.g. foreign currency items, etc.) as increase or decrease to the investment account with corresponding adjustment in shareholders&#8217; equity. The Company evaluates investments in equity investees for impairment under ASC 323-10. An impairment loss on an investment in equity investee is recognized in the statements of operations when the decline in value is determined to be other-than-temporary.</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 20.35pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">A judgmental aspect of accounting for investments (including investments in equity investees) involves determining whether an other-than-temporary decline in value of the investment has been sustained.&nbsp; If it has been determined that an investment has sustained an other-than-temporary decline in its value, the investment is written down to its fair value, by a charge to earnings.&nbsp; Such evaluation is dependent on the specific facts and circumstances.&nbsp; Factors that are considered by the Company in determining whether an other-than-temporary decline in value has occurred include: the market value of the security in relation to its cost basis; the financial condition of the investee; and the intent and ability to retain the investment for a sufficient period of time to allow for recovery in the market value of the investments. </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 20.35pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">In 2010, 2011 and 2012, the Company recorded an impairment charge of $346, $nil and $nil, respectively, related to certain available-for-sale investment.</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 20.35pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 0pt"><U><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Impairment of Long-Lived Assets</FONT></U></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: 20.35pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company accounts for impairment of long-lived assets in accordance with ASC 360, <EM>&#8220;Property, Plant and Equipment&#8221;</EM>.&nbsp; Long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable.&nbsp; In such instances, the Company estimates the undiscounted future cash flows that result from the use of the asset and its ultimate disposition.&nbsp; If the sum of the undiscounted cash flows is less than the carrying value, the Company recognizes an impairment loss, measured as the amount by which the carrying value exceeds the fair value of the asset group, determined principally using discounted cash flows.&nbsp; </FONT></P>
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<P style="TEXT-INDENT: 20.35pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">In 2012, the Company recorded an impairment charge of $22 related to the impairment of a factory in Thailand (included in the manufactured products segment) that is not being used for operation.&nbsp; The impairment charge was recorded to reduce the carrying value of the identified assets to fair values. The fair values for the year 2012 have been determined based on a&nbsp;valuation performed by an accredited independent appraiser. The valuation has been made on the assumption to sell the property interests on the open market in the neighborhood without the benefit of any deferred term contract, leaseback, joint venture, management agreement or any similar arrangement which would serve to increase the value of the property interests.</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 20.35pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 20.35pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">In 2011, the Company recorded an impairment charge of $25 related to the damage to Siam Pacific&#8217;s machinery due to flooding in Thailand. The impairment was included in the line item &#8220;Charges related to flooding&#8221; within operating expenses.</FONT></P>
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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: left; TEXT-INDENT: 21.3pt; MARGIN: 0cm" align=left><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Account Receivables and allowance for doubtful accounts</FONT></U></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: left; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: 20.35pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Accounts receivables are stated at face value less any allowance for doubtful accounts.&nbsp;The Company maintains allowance for doubtful accounts for estimated losses resulting from the inability of its customers to make the required payments. Management considers the following factors when determining the collectability of specific customer accounts: customer credit-worthiness, customer financial condition, past transaction history with the customer, current economic industry trends, and changes in customer payment terms. </FONT></P>
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<P style="TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 0pt"><U><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Lease Obligations </FONT></U></P>
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<P style="TEXT-INDENT: 20.35pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">In accordance with ASC 840, <EM>&#8220;Leases&#8221;</EM>, leases for a lessee are classified at the inception date as either a capital lease or an operating lease. The Company assesses a lease to be a capital lease if any of the following conditions exist: a) ownership is transferred to the lessee by the end of the lease term, b) there is a bargain purchase option, c) the lease term is at least 75% of the property&#8217;s estimated remaining economic life or d) the present value of the minimum lease payments at the beginning of the lease term is 90% or more of the fair value of the leased property to the lessor at the inception date. A capital lease is accounted for as if there was an acquisition of an asset and an incurrence of an obligation at the inception of the lease. The capitalized lease obligation reflects the present value of future rental payments, discounted at the appropriate interest rates. The cost of the asset is amortized over the lease term. However, if ownership is transferred at the end of the lease term, the cost of the asset is amortized as set out above under property, plant and equipment. </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -1pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -14.7pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Operating lease expenses are recognized on a straight-line basis over the applicable lease term.</FONT></P>
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<P style="TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 0pt"><U><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Revenue Recognition</FONT></U></P>
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<P style="TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Revenue represents the invoiced value of goods sold, net of value added tax and returns, invoiced value on distribution activities, and service fee income on installation activities.&nbsp; Revenue is recognized to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. The following specific recognition criteria must also be met before revenue is recognized. </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -14.7pt; MARGIN: 0cm 0cm 0pt 36pt"><I><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Sales of manufactured goods and distributed products </FONT></I></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company recognizes revenue from the sale of manufactured goods and distributed products upon passage of title to the customer that coincides with their delivery and acceptance. These revenue recognition are recognized in accordance with SEC Staff Accounting Bulletin (SAB) No. 104. The Company recognizes its revenue of sale of distributed products at gross as the Company is the primary obligor in the transaction. </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company classifies shipping and handling costs incurred within cost of sales.</FONT></P>
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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -14.7pt; MARGIN: 0cm 0cm 0pt 36pt"><I><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Supply, Delivery and Installation</FONT></I></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -14.7pt; MARGIN: 0cm 0cm 0pt 36pt"><I><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT></I>&nbsp;</P>
<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company&#8217;s supply, delivery and installation services are considered as multiple elements arrangements and are accounted for in accordance with ASC subtopic 605-25, </FONT><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8220;Revenue Recognition: Multiple-Element Arrangements&#8221;</FONT></I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"> (&#8220;ASC 605-25&#8221;). Elements such as the sale of cables and the installation service are considered as separate elements contained in a single arrangement, or in related arrangements with the same customer. The Company allocates revenue to each element based on its relative fair value. The allocation of the fair value to the delivered elements is limited to the amount that is not contingent on future delivery of services or subject to customer-specified return or refund privileges. The Company prospectively adopted Accounting Standards Update (&#8220;ASU &#8221;) No. 2009-13,&nbsp;Multiple-Deliverable Revenue Arrangements&nbsp;(&#8220;ASU 2009-13"),&nbsp;a consensus of the FASB Emerging Issues Task Force that amends ASC 605-25, on January 1, 2011.</FONT></P>
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<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">In accordance with ASU 2009-13, certain delivered items in multiple-element arrangements, which previously would not qualify for separate units of accounting due to the lack of vendor-specific objective evidence or third-party evidence of the selling price, are accounted for as separate units of accounting, to which the total consideration of the arrangements is allocated based on management&#8217;s best estimate of the selling price (&#8220;BESP&#8221;). We consider all reasonably available information in determining the BESP, including both market and entity-specific factors. The adoption of ASU 2009-13 does not have a material effect on our financial statements, the units of accounting and the pattern and timing of revenue recognition is not changed materially.</FONT></P>
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<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The sale of cable is subject to acceptance by the SDI customer upon inspection which is carried out when the cable is laid. Revenue from installation is accounted for using the percentage-of-completion method, based on the customer certification of the distance of cable laid with respect to the estimated total contract revenue, and in accordance with ASC 605-35, <EM>&#8220;Revenue Recognition-Construction-Type and Production-Type Contracts&#8221;</EM>. The timing of revenue recognition of cables sales and installation services are substantially identical.</FONT></P>
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<P style="TEXT-INDENT: 21.2pt; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">When the current estimates of total contract revenue and contract cost indicate a loss, a provision for the entire loss on the contract shall be made. The recognition of provision for losses shall be in the period in which they become evident.</FONT></P>
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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -14.7pt; MARGIN: 0cm 0cm 0pt 36pt"><I><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Bill-and-hold arrangements</FONT></I></P>
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<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company recognizes revenue of sale of cables under bill-and-hold arrangements requested by certain customers in Thailand, in accordance with SAB 104.</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">As at December 31, 2010, 2011 and 2012, the revenue recognized under bill-and-hold arrangements where the cables were yet delivered was $17.9 million, $5.8 million and $nil, respectively.</FONT></P>
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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -14.7pt; MARGIN: 0cm 0cm 0pt 36pt"><I><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Customers&#8217; incentive </FONT></I></P>
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<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company offers sales incentives in connection with power cable sales to wholesalers and distributors. These incentives include both rebates offered to customers for purchasing a certain volume of product during the year and settlement discounts for early payment of sales invoices. </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">However, maximum amount is recorded&nbsp;if there is no reliable basis to measure a lower expected amount. Both forms of incentives are recognized as a reduction to gross sales.</FONT></P>
<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt 0.05pt">&nbsp;</P>
<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">For the past five years up to December 31, 2012, customers only claim for rebates and the Company only allows such claims based on the amount to which they are legally entitled, instead of the potential maximum amount (i.e. amount payable for the highest volume targets) without exceptions. The Company reviewed rebate provision balances arising in 2011 and earlier that remained unclaimed as of December 31, 2012. As the&nbsp;policy has been strictly enforced for the past five years, the Company has established sufficient historical fact pattern to conclude that the likelihood that such customers will claim and receive the excess above their legal entitlement in the future is remote and the Company will continue to strictly enforce the policy. As a result, the Company wrote back such rebates and accounted for this as a change in estimate of accrued rebates. The reversal of the accrued rebates amounting to $2,116 ($ 0.15 per share - basic and diluted) was related to 2008 to 2011.</FONT></P>
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<P style="TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 0pt"><U><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Foreign Currency Translation and Transactions</FONT></U></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</FONT></P>
<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The functional currency of the Company&#8217;s international subsidiaries is generally the local currency or U.S. Dollars.&nbsp; For these subsidiaries, the Company translates the assets and liabilities at exchange rates in effect at the balance sheet date and income and expense accounts at average exchange rates during the year.&nbsp; Resulting currency translation adjustments are recorded directly to accumulated other comprehensive income within shareholders&#8217; equity.&nbsp; </FONT></P>
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<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Foreign currency transactions are recorded at the applicable rates of exchange in effect at the transaction dates.&nbsp; Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are translated at the applicable rates of exchange in effect at that date.&nbsp; Gains and losses from foreign currency transactions are recorded in the consolidated statements of operations.</FONT></P>
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<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt"><U><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Earnings (Loss) Per Share</FONT></U></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: left; TEXT-INDENT: 21.3pt; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Basic and diluted earnings (loss) per share are calculated in accordance with ASC 260</FONT><I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">, &#8220;Earnings Per Share&#8221;</FONT></I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">.&nbsp; There are no dilutive equity instruments for all periods presented.</FONT></P>
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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: left; TEXT-INDENT: 21.3pt; MARGIN: 0cm" align=left><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Contingent Liability</FONT></U></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: left; TEXT-INDENT: 21.3pt; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">When a loss contingency is not both probable and estimable, the Company does not record an accrued liability but discloses the nature and the amount of the claim, if material. However,&nbsp;if the loss (or an additional loss in excess of the accrual) is at least reasonably possible, then the Company discloses an estimate of the loss or range of loss, if such estimate can be made and material, or states that such estimate is immaterial if it can be estimated but immaterial, or discloses that an estimate cannot be made. The assessment of whether a loss is probable or reasonably possible, and whether the loss or a range of loss is estimable, often involve complex judgments about future events. Management is often unable to estimate the loss or a range of loss, particularly where (i) the damages sought are indeterminate, (ii) the proceedings are in the early stages, or (iii) there is a lack of clear or consistent interpretation of laws specific to the industry-specific complaints among different jurisdictions. In such cases, there is considerable uncertainty regarding the timing or ultimate resolution of such matters, including eventual loss, fine, penalty or business impact, if any.</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: left; TEXT-INDENT: 21.3pt; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10.5pt; TEXT-DECORATION: none" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: left; TEXT-INDENT: 21.3pt; MARGIN: 0cm" align=left><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Fair Value Measurements</FONT></U></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: left; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10.5pt; TEXT-DECORATION: none" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 21.3pt; MARGIN: 0cm"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company has adopted the provisions of ASC 820</FONT><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">, &#8220;Fair Value Measurements and Disclosures&#8221;</FONT></I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"> for financial assets and liabilities. Under ASC 820, the fair value is defined as the price that would have been received to sell an asset or paid to transfer a liability (i.e., the &#8220;exit price&#8221;) in an orderly transaction between market participants at the measurement date. </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 21.3pt; MARGIN: 0cm"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">In determining fair value, the Company uses various valuation approaches. ASC 820 establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. Observable inputs are inputs that market participants would use in pricing the asset or liability developed based on market data obtained from sources independent of the Company. Unobservable inputs are inputs that reflect the Company&#8217;s assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. The hierarchy is broken down into three levels based on the observability of inputs as follows:</FONT></P>
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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: left; TEXT-INDENT: -21.8pt; MARGIN: 0cm 0cm 0cm 63.8pt" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Level 1 - Valuations based on quoted prices in active markets for identical assets that the Company has the ability to access. Valuation adjustments and block discounts are not applied to Level 1 instruments. Since valuations are based on quoted prices that are readily and regularly available in an active market, valuation of these products does not entail a significant degree of judgment.</FONT></P>
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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: left; TEXT-INDENT: -21.8pt; MARGIN: 0cm 0cm 0cm 63.8pt" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Level 2 - Valuations based on one or more quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly.</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: left; TEXT-INDENT: -19.9pt; MARGIN: 0cm 0cm 0cm 61.9pt" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: left; TEXT-INDENT: -19.9pt; MARGIN: 0cm 0cm 0cm 61.9pt" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Level 3 - Valuations based on unobservable inputs which are supported by little or no market activity and significant to the overall fair value measurement.</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: left; TEXT-INDENT: -19.9pt; MARGIN: 0cm 0cm 0cm 61.9pt" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: left; TEXT-INDENT: 21.3pt; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The availability of observable inputs can vary from investment to investment and is affected by a wide variety of factors, including, for example, the type of investment, the liquidity of markets and other characteristics particular to the transaction. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment and the investments are categorized as Level 3. </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 21.3pt; MARGIN: 0cm"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 21.3pt; MARGIN: 0cm"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The carrying amounts of financial instruments, including cash and cash equivalents, bank deposits, trade receivables, other current assets, short-term loans, trade payables, related party balances and other liabilities approximate their fair value due to the short-term maturities of such instruments.</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: left; TEXT-INDENT: 21.3pt; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt"><U><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Recent Pronouncements</FONT></U><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;</FONT></P>
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<P style="TEXT-INDENT: 20.25pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10.5pt" lang=EN-US face="times new roman">In February 2013, the Financial Accounting Standards Board issued ASU No. 2013-02, <EM><FONT style="FONT-SIZE: 10pt" face="Times New Roman">"</FONT>Comprehensive Income (Topic 220)<FONT style="FONT-SIZE: 10pt" face="Times New Roman">"</FONT></EM> (&#8220;ASU 2013-02&#8221;) to improve the reporting of reclassifications out of AOCI. This ASU sets requirements for presentation for significant items reclassified to net income in their entirety during the period and for items not reclassified to net income in their entirety during the period. It requires companies to present information about reclassifications out of accumulated other comprehensive income (&#8220;AOCI&#8221;) in one place and to present reclassifications by component when reporting changes in AOCI balances. The modifications to ASC 220<EM> &#8220;Comprehensive Income&#8221;</EM> resulting from the issuance of ASU 2013-02 are effective for fiscal years beginning after December 15, 2012 and interim periods within those years. Early adoption is permitted. The adoption of ASU 2013-02 on January 1, 2013 is not expected to have a material impact on the Company&#8217;s consolidated financial statements.</FONT></P>
<P style="TEXT-INDENT: 20.25pt; MARGIN: 0cm 0cm 0pt">&nbsp;</P>
<P style="TEXT-INDENT: 20.25pt; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10.5pt" lang=EN-US face="times new roman">In March 2013, the Financial Accounting Standards Board issued ASU No. 2013-05, <EM>&#8220;Foreign Currency Matters (Topic 830)&#8221; </EM>(&#8220;ASU 2013-05&#8221;) Parent&#8217;s Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity . This ASU specifies that a cumulative translation adjustment (&#8220;CTA&#8221;) should be released into earnings when an entity ceases to have a controlling financial interest in a subsidiary or group of assets within a consolidated foreign entity and the sale or transfer results in the complete or substantially complete liquidation of the foreign entity. For sales of an equity method investment that is a foreign entity, a pro rata portion of CTA attributable to the investment would be recognized in earnings upon sale of the investment. When an entity sells either a part or all of its investment in a consolidated foreign entity, CTA would be recognized in earnings only if the sale results in the parent no longer having a controlling financial interest in the foreign entity. CTA would be recognized in earnings in a business combination achieved in stages (i.e., a step acquisition). The adoption of ASU 2013-05 on January 1, 2014 is not expected to have a material impact on the Company&#8217;s consolidated financial statements.</FONT></P>
<P style="TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 0pt; VERTICAL-ALIGN: baseline"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">5.2&#8195;Selected Gross Margin Data</FONT></B></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">This discussion should be read in conjunction with the information contained in our Financial Statements presented in Item 18 of this Annual Report.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Results are analyzed and reported along the lines of our three principal business segments, consisting of Manufactured Products, SDI project engineering, and Distributed Products.&nbsp; The operating data that senior management collects and analyzes from our operating subsidiaries include, in certain cases, certain limited information regarding results along product lines that are components within our Manufactured Products segment.&nbsp; For the benefit of our shareholders, included in the summary table below are certain results for product lines within our Manufactured Products segment with regard to net sales, gross profit and gross profit margin for the periods covered.&nbsp; The following table sets forth selected summary data for the periods indicated (dollar ($) amounts in thousands of US$). </FONT></P>
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<a name="_bclHeader45"></a><P style="TEXT-INDENT: -1.15pt; MARGIN: 0cm 0cm 0pt 21.2pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(Figures in 2010 were restated to reflect the results of discontinued operations of SPFO. For details, see &#8220;Item 5.3: Operating Results&#8221;)</FONT></B></P>
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<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2011</FONT></B></P>
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<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2012</FONT></B></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Net Sales:</FONT></B></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Manufactured Products:</FONT></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Telecommunications wire and cable</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$44,917</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$28,580</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$22,464</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Power cable</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">148,300</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">200,673</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">206,330</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Enameled wire</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">202,842</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">200,221</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">172,229</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Total Manufactured Products</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">396,059</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">429,474</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">401,023</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%">
<P style="TEXT-INDENT: -4.75pt; MARGIN: 0cm 0cm 0pt 4.75pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Supply, delivery and installation of wires and </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%">
<P style="MARGIN: 0cm 0cm 0pt 4.75pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">cables</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">23,600</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">16,972</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6,445</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Distributed Products</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">26,935</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">25,500</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">54,797</FONT></P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Total net sales</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<DIV style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">446,594</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<DIV style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">471,946</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<DIV style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">462,265</FONT></P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Gross profit:</FONT></B></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Manufactured Products:</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Telecommunications wire and cable</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">13,417</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6,529</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">5,888</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Power cable</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">25,233</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">26,487</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">34,231</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Enameled wire</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">14,778</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">9,860</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">4,546</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Total Manufactured Products</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">53,428</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">42,876</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">44,665</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Supply, delivery and installation of wires and </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">cables</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">242</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">57</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(1,015)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Distributed Products</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1,379</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2,955</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">3,361</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Inventory Impairment (Note)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1,974</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(1,993)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">4,804</FONT></P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Total gross profit</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<DIV style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">57,023</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<DIV style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">43,895</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<DIV style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">51,815</FONT></P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Gross profit margin:</FONT></B></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Manufactured Products:</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Telecommunications wire and cable</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">29.9%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">22.8%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">26.2%</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Power cable</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">17.0%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">13.2%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">16.6%</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Enameled wire</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">7.3%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">4.9%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2.6%</FONT></P>
</TD></TR>
<TR>
     <TD style="BACKGROUND-COLOR: #cceeff" vAlign=bottom width="52%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BACKGROUND-COLOR: #cceeff" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BACKGROUND-COLOR: #cceeff" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BACKGROUND-COLOR: #cceeff" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Total Manufactured Products</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">13.5%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">10.0%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">11.1%</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">SDI Project engineering</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.0%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">0.3%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(15.7%)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Distributed Products</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">5.1%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">11.6%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.1%</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="52%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Total gross margin</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">12.8%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">9.3%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">11.2%</FONT></P>
</TD></TR>
<TR>
     <TD width="52%">&nbsp;</TD>
     <TD width="16%">&nbsp;</TD>
     <TD width="16%">&nbsp;</TD>
     <TD width="16%">&nbsp;</TD></TR></TABLE></DIV>
<DIV align=center></DIV>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Note: Inventory impairment is separated from calculation of total manufactured gross margin but included in the total gross profit.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">&nbsp; </FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 27pt; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">5.3&#8195;Operating Results</FONT></B></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 27pt; MARGIN: 0cm 0cm 0pt"><STRONG></STRONG>&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">The Company is 65.6% owned and controlled by PEWC, a Taiwanese company.&nbsp; An additional 9.8% of the Common Shares are owned and controlled by a U.S.-based private equity fund.&nbsp; The remaining 24.6% of the outstanding Common Shares are publicly-traded in the United States </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">and listed on NASDAQ</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">.&nbsp; Based upon a review of Schedule 13D and 13G filings made with the Commission by shareholders, and a review of the share register maintained by the Company&#8217;s transfer agents in Bermuda and the U.S., the Company is not aware that it has any shareholders resident in the jurisdictions where the Company has business operations.&nbsp; While the Company&#8217;s operations and results are impacted by economic, fiscal, monetary and political policies of the respective governments in the countries where the Company operates, that impact is not a function of the shareholder base of the Company.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt">&nbsp;</P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 36pt; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">5.3.1</FONT></B><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="ms gothic">&#8195;</FONT></B><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Year Ended December 31, 2012 Compared with Year Ended December 31, 2011</FONT></B></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 36pt; MARGIN: 0cm 0cm 0pt">&nbsp;</P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 12pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">General</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Results of operations are determined primarily by market demand and government infrastructure projects, market selling prices of our products, our ability to manufacture high quality products efficiently in quantities sufficient to meet demand and to control production and operating costs.&nbsp; Our results are also influenced by a number of factors, including currency stability in the countries in which our operations are located,&nbsp;<FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">competition and the cost of raw materials, especially copper, which accounted for majority of the cost of sales in 2012 and 2011. </FONT></FONT></P>
</DIV>
<P style="TEXT-ALIGN: center">42 </P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">In order to minimize the impact of copper price fluctuations, we attempt to &#8220;peg&#8221; the prices of our products to the prevailing market price of copper and pass changes in the cost of copper through to customers as much as possible.&nbsp; In certain circumstances, however, we remain affected by fluctuations in the price of copper.&nbsp; A recent rise or decline in copper prices may not be fully reflected under this pricing scheme for several months.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Average copper prices per metric ton decreased by 9.9% from $8,826 in 2011 to $7,950 in 2012 (four quarters average). Gross profit margins for Manufactured Products in 2012 were on average at 11.1% compared to 10.0% in 2011. </FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Copper prices indicated in this report are quoted from the London Metals Exchange (&#8220;LME&#8221;) index.&nbsp; The 2011 and 2012 copper prices are as follows:</FONT></P>
<DIV align=center>
<TABLE style="WIDTH: 100%" border=0 cellSpacing=0 cellPadding=0>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="64%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="10%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=left>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=left><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">2011</FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=left>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=left><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">2012</FONT></B></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="64%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Average LME copper price ($/Ton)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="10%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1Q</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">9,641</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">8,308</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="64%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="10%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2Q</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">9,314</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">7,867</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="64%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="10%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">3Q</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">8,710</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">7,717</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="64%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="10%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">4Q</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">7,641</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">7,909</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="64%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="10%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Year</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">8,826</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">7,950</FONT></P>
</DIV></TD></TR></TABLE></DIV>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 6pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">The average copper price in February 2013 on the LME was $8,070 per metric ton.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Net Sales</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Total sales of manufactured product decreased by $28.5 million, or 6.6%, from $429.5 million in 2011 to $401.0 million in 2012. Sales of power cable increased by $5.7 million in 2012, or 2.8%, due to an increasing demand in Thailand and particularly in Australia as a result of expanded government and private construction contracts respectively. Sales of enameled wire on the other hand decreased by $28.0 million, due to reduced customer demand in all of the enameled wire manufacturing sites, i.e., Charoong Thai, Siam Pacific, PEWS, Epan Industries, and Shanghai Yayang. Sales of telecommunication cable were reduced by $6.1 million in&nbsp; the CTW group, as the number of government projects in Thailand was reduced.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Revenue from supply, delivery and installation of wires and products in Singapore decreased in 2012 by $10.5 million or 62.0% due to the fact that one of the projects accounted for less&nbsp;revenue in comparison to that of 2011. </FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Revenue from distributed products was at $54.8 million in 2012, up from $25.5 million in 2011. &nbsp;The strategies to boost distributed product sales proved to produce some positive effects.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">The following table shows the percentage share and dollar value (in thousands) of net sales of the respective geographical locations of manufacturing plants for Manufactured Products only and all products and services with respect to our total sales in 2012:</FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="26%" colSpan=2>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">Manufactured</FONT></B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman"><BR>
</FONT><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">products only</FONT></B></P>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="26%" colSpan=2>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">All products</FONT></B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman"><BR>
</FONT><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">and services</FONT></B></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Thailand</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">45.1%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$180,914</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">41.2%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$190,393</FONT></P>
</TD></TR>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="48%">
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Singapore</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">11.1%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$44,603</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">19.9%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$91,937</FONT></P>
</TD></TR>
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     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="48%">
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Australia</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">15.0%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$60,019</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">13.9%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$64,402</FONT></P>
</TD></TR>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">China</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">28.8%</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$115,487</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">25.0%</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$115,533</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="48%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Total</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">100.0%</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$401,023</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">100.0%</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$462,265</FONT></P>
</DIV></TD></TR></TABLE></DIV>
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<P style="TEXT-ALIGN: center">43</P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Gross Profit</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Gross profit for 2012 was $51.8 million, representing an increase of $7.9 million, or 18% up compared to $43.9 million in 2011.&nbsp; The increase was primarily attributable to the previous inventory impairment that was converted into finished goods and sold in 2012, coupled with higher margin on power cables, despite the margin erosion on enameled wires.</FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=left>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=left><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2011</FONT></B></P>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=left>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=left><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2012</FONT></B></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Manufactured Products:</FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Telecommunications wire and cable</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">15.2%</FONT></P>
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     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">13.2%</FONT></P>
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<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Power cable</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">61.8%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">76.6%</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Enameled wire</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">23.0%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">10.2%</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Total</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">100.0%</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">100.0%</FONT></P>
</DIV></TD></TR></TABLE></DIV>
<P style="TEXT-INDENT: 18pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: 18pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The contribution to gross profit from each segment line (and the components within the Manufactured Products segment) for 2011 and 2012 is as follows:</FONT></P>
<P style="TEXT-INDENT: 18pt; MARGIN: 0cm 0cm 0pt">&nbsp;</P>
<DIV align=left>
<TABLE style="WIDTH: 100%" border=0 cellSpacing=0 cellPadding=0>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="TEXT-ALIGN: center; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=left>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2011</FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=left>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2012</FONT></B></P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Manufactured Products:</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="TEXT-INDENT: -1pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Telecommunications wire and cable</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">14.9%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">11.4%</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="TEXT-INDENT: -1pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Power cable</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">60.3%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">66.1%</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="TEXT-INDENT: -1pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Enameled wire</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">22.5%</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">8.8%</FONT></P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="TEXT-INDENT: -1pt; MARGIN: 0cm 0cm 0pt 10pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Total</FONT></B></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">97.7%</FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">86.3%</FONT></B></P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Supply, Delivery and Installation of wires and cables</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">0.1%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(2.0%)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Distributed Products</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">6.7%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">6.5%</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Inventory impairment</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(4.5%)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">9.2%</FONT></P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Total</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<DIV style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">100.0%</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<DIV style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">100.0%</FONT></P>
</DIV></TD></TR></TABLE></DIV>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Overall gross profit margins increased from 9.3% in 2011 to 11.2% in 2012 as mentioned above.&nbsp; Gross profit margins for Manufactured Products also increased from 10.0% in 2011 to 11.1% in 2012.&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Supply, Delivery and Installation of wires and cable</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"> project and Distributed Product segments posted lower gross margins as mentioned before, as our competition, primarily from four Korean contractors, i.e., ILJIN Electric Co. Singapore Branch, LS Cable &amp; System Ltd. Singapore Branch, Taihan Electric Wire Co., Ltd., and Hi Power Pte. Ltd., are bidding at very low prices, and thereby creating a much more competitive market for distributed product sales.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Operating Profit</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">In 2012, we recorded a reversal of allowance for doubtful accounts of $0.7 million, owing to the fact that some of the major customers of the Company settled their outstanding trade receivables.&nbsp; Our internal controls provide that we perform a detailed review of our outstanding receivables, and make adjustments to our estimate to reflect significant delinquent accounts receivable.&nbsp; The Company is not aware of any significant delinquent accounts receivable that have not already been adequately reserved.&nbsp; In addition, we believe that our periodic allowance for doubtful accounts will continue to not have a material impact on our liquidity.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Overall Selling, General and Administrative (&#8220;SG&amp;A&#8221;) expenses increased by $2.0 million, mainly due to the fact that CTW amended its pension plan to give extra benefits to its employees.</FONT></P>
<a name="_bclFooter47"></a><DIV>
<P style="TEXT-ALIGN: left; MARGIN: 2pt 0cm 6pt" align=left><FONT style="FONT-SIZE: 10.5pt" lang=X-NONE color=black face="Times New Roman"></FONT>&nbsp;</P>
</DIV></DIV>
<P style="TEXT-ALIGN: center">44</P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Accounts receivable, net of allowance for doubtful accounts, increased by $26.7 million as of December 31, 2011 figure of $98.4 million to $125.1 million </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">as of December 31, 2012</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">.&nbsp; The increase in accounts receivable can be interpreted as increase in sales towards the end of 2012. The overall Day of Sales Outstanding was approximately 91days for 2012, slightly improved as compared to that of 2011 where the number showed 92 days to get the sales proceeds collected. </FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Exchange Gain/(Loss)</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">The exchange rates at end of December 31, 2011 and 2012 are listed below, based on the Noon Buying Rate. However, they do not actually reflect the ongoing rates during the year when transactions actually took place.&nbsp; </FONT></P>
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</FONT><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">2011</FONT></B></P>
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</FONT><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">2012</FONT></B></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Thai Baht</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">31.51</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">30.59</FONT></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Singapore $</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.295</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.221</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">0.976</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">0.962</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.294</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.230</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Based on the above rates, the revaluation of assets and liabilities denominated in U.S. dollars or foreign currencies in the Company resulted in unrealized and realized foreign exchange gains of $2.4 million in 2012.&nbsp; </FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Other Income</FONT></I><B><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"> &nbsp;</FONT></I></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Other income refers to scrap sales of copper as a result of testing and quality control process and dividend income received.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Bill-and Hold Transactions</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">&nbsp;During 2012, Charoong Thai entered into bill-and-hold arrangements with certain customers in Thailand. The Company recognized the revenue under such bill-and-hold arrangements in accordance with </FONT><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">SAB Topic 13A.3.a</FONT></I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">, </FONT><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">&#8220;Bill-and-hold Arrangements&#8221;</FONT></I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">. </FONT><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">T</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">he revenue recognized under bill-and-hold arrangements where the cables were yet delivered was $ nil and $5.8 million in 2012 and 2011, respectively.</FONT></P>
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<P style="TEXT-INDENT: 20.25pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Goodwill Impairment</FONT></I></P>
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<P style="TEXT-INDENT: 18pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company did not record any goodwill impairment for the year ended December 31, 2012. </FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</FONT></P>
<P style="MARGIN: 0cm 0cm 0pt 21.3pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Thailand Flood Losses</FONT></I></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Siam Pacific suspended operations temporarily in the fourth quarter of 2011 due to damage sustained from the region&#8217;s then-recent flooding. </FONT></P>
<P style="TEXT-INDENT: -31.5pt; MARGIN: 0cm 0cm 0pt 31.5pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: left; TEXT-INDENT: 20.25pt; MARGIN: 0cm 6pt 0cm 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10.5pt" lang=X-NONE face="Times New Roman">During 2012, Siam Pacific received confirmation of a settlement amount total of $4.8 million (Baht 149 million) from an independent surveyor on behalf of the insurance company. The Company received the interim payment of $3.6 million (Baht 109 million) and recorded the compensation as other income in 2012. The remaining balance of $38K (Baht 1 million) will be recognized to the consolidated statements of operations upon receipt of the payment.</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Income Taxes</FONT></I></P>
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<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Income tax expense was $8.4 million in 2012 compared to $4.6 million in 2011. The fluctuation was mainly due to the increase in pre-tax income. </FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 36pt; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">5.3.2</FONT></B><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="ms gothic">&#8195;</FONT></B><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Year Ended December 31, 2011 Compared with Year Ended December 31, 2010</FONT></B></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 12pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">General</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Results of operations are determined primarily by market demand and government infrastructure projects, market selling prices of our products, our ability to manufacture high quality products efficiently in quantities sufficient to meet demand and to control production and operating costs.&nbsp; Our results are also influenced by a number of factors, including currency stability in the countries in which our operations are located, competition and the cost of raw materials, especially copper, which accounted for majority of the cost of sales in 2011 and in 2010. </FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">In order to minimize the impact of copper price fluctuations, we attempt to &#8220;peg&#8221; the prices of our products to the prevailing market price of copper and pass changes in the cost of copper through to customers as much as possible.&nbsp; In certain circumstances, however, we remain affected by fluctuations in the price of copper.&nbsp; A recent rise or decline in copper prices may not be fully reflected under this pricing scheme for several months.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Average copper prices per metric ton have increased by 17% from $7,534 in 2010 to $8,826 in 2011 (four quarters average). Gross profit margins for Manufactured Products in 2010 were on average at 13.5% compared to 10.0% in 2011. </FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Copper prices indicated in this report are quoted from the LME index.&nbsp; The 2010 and 2011 copper prices are as follows:</FONT></P>
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<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=left><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">2011</FONT></B></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Average LME copper price ($/Ton)</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">7,232</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">9,641</FONT></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2Q</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">7,027</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">9,314</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">3Q</FONT></P>
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     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">7,242</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">8,710</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="64%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="10%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">4Q</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">8,686</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">7,641</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="64%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="10%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Year</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">7,534</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">8,826</FONT></P>
</DIV></TD></TR></TABLE></DIV>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 6pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">The average copper price in February 2012 on the LME was $8,591 per metric ton.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Net Sales</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Total sales of manufactured product increased by $33.4 million, or 8.4%, from $396.1 million in 2010 to $429.5 million in 2011. Sales of power cable increased by $52.4 million in 2011, or 35.3%, due to an increasing demand in Thailand and Australia as a result of expanded government and private construction contracts. Sales of enameled wire on the other hand decreased by $2.6 million, due to reduced customer demand in all of the enameled wire manufacturing sites, i.e., Charoong Thai, Siam Pacific, PEWS, and Shanghai Yayang. Sales of telecommunication cable were reduced by $16.3 million, as the government projects in Thailand shrank.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Revenue from supply, delivery and installation of wires and products in Singapore decreased in 2011 by $6.6 million, or 28.1% due to reduced Singapore government expenditures on infrastructure. &nbsp;</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Revenue from distributed products was at $25.5 million in 2011, down from $26.9 million in 2010. &nbsp;An overall strategy to boost sales and gross margin was undertaken beginning the second quarter 2012.</FONT></P>
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<P style="TEXT-ALIGN: left; MARGIN: 2pt 0cm 6pt" align=left><FONT style="FONT-SIZE: 10.5pt" lang=X-NONE color=black face="Times New Roman"></FONT>&nbsp;</P>
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<P style="TEXT-ALIGN: center">46</P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">The following table shows the percentage share and dollar value (in thousands) of net sales of the respective geographical locations of manufacturing plants for Manufactured Products only and all products and services with respect to our total sales in 2011:</FONT></P>
<DIV align=center>
<TABLE style="WIDTH: 100%" border=0 cellSpacing=0 cellPadding=0>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="48%">
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="26%" colSpan=2>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">Manufactured</FONT></B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman"><BR>
</FONT><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">products only</FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="26%" colSpan=2>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">All products</FONT></B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman"><BR>
</FONT><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">and services</FONT></B></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="48%">
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Thailand</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">43.3%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$186,034</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">42.0%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$198,077</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="48%">
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Singapore</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">12.2%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$52,353</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">17.6%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$74,227</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="48%">
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Australia</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">13.7%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$58,932</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">13.0%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$61,457</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="48%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">China</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">30.8%</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$132,155</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">27.4%</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$138,185</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="48%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Total</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<DIV style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">100.0%</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<DIV style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$429,474</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<DIV style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">100.0%</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<DIV style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$471,946</FONT></P>
</DIV></TD></TR></TABLE></DIV>
<P style="TEXT-INDENT: 127.6pt; MARGIN: 2pt 0cm 12pt 84.95pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Gross Profit</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Gross profit for 2011 was $43.9 million, representing a decrease of $13.1 million, or 23.0% down compared to $57.0 million in 2010.&nbsp; The decrease was primarily attributable to the raw material (copper) cost that we were unable to pass on fully to our customers. In addition, our factory utilization was less than that of 2010, and thus we were unable to pass on the increased cost to our customers. </FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Apart from the inventory impairment of $2.0 million, gross profit contributed by sales of manufactured products was $42.9 million in 2011 compared to $53.4 million in 2010, a decrease of 19.7%, for the reason given above. The relative contribution to gross profit from Manufactured Products for 2010 and 2011 is as follows:</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 100%" border=0 cellSpacing=0 cellPadding=0>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2010</FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2011</FONT></B></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Manufactured Products:</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: center; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: center; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Telecommunications wire and cable</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">25.1%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">15.2%</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Power cable</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">47.2%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">61.8%</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Enameled wire</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">27.7%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">23.0%</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Total</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">100.0%</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">100.0%</FONT></P>
</DIV></TD></TR></TABLE></DIV>
<P style="TEXT-INDENT: 18pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: 18pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The contribution to gross profit from each segment line (and the components within the manufactured products segment) for 2010 and 2011 is as follows:</FONT></P>
<P style="TEXT-INDENT: 18pt; MARGIN: 0cm 0cm 0pt">&nbsp;</P>
<DIV align=left>
<TABLE style="WIDTH: 100%" border=0 cellSpacing=0 cellPadding=0>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="TEXT-ALIGN: center; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2010</FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2011</FONT></B></P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Manufactured Products:</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="TEXT-INDENT: -1pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Telecommunications wire and cable</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">23.5%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">14.9%</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="TEXT-INDENT: -1pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Power cable</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">44.3%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">60.3%</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="TEXT-INDENT: -1pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Enameled wire</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">25.9%</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">22.5%</FONT></P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="TEXT-INDENT: -1pt; MARGIN: 0cm 0cm 0pt 10pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Total</FONT></B></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">93.7%</FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">97.7%</FONT></B></P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Supply, delivery and installation of wires and cables</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">0.4%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">0.1%</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="74%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Distributed Products</FONT></P>
</TD>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2.4%</FONT></P>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">6.7%</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Inventory impairment</FONT></P>
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<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">3.5%</FONT></P>
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<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(4.5%)</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Total</FONT></P>
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<DIV style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">100.0%</FONT></P>
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<DIV style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">100.0%</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Overall gross profit margins decreased from 12.8% in 2010 to 9.3% in 2011 (reason as given above).&nbsp; Gross profit margins for Manufactured Products also decreased from 13.5% in 2010 to 10.0% in 2011.&nbsp; Manufactured Products and SDI project segments posted lower gross margins (reason as given before), as our competition, primarily from four Korean contractors, i.e., ILJIN Electric Co. Singapore Branch, LS Cable &amp; System Ltd. Singapore Branch, Taihan Electric Wire Co., Ltd., and Hi Power Pte. Ltd., were bidding at very <FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">low prices, thus driving down the potential gross margin that could be generated by these segments. Gross profit from telecommunication cables posted lower margin in Siam Fiber Optics as the price competition has become more and more intense.</FONT></FONT></P>
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<P style="TEXT-ALIGN: center">47 </P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Operating Profit</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">In 2011, we recorded a reversal of allowance for doubtful accounts of $1.5 million, owing to the fact that one of the major customers of Siam Pacific, A.S. Associated Engineering (1964) Co., Ltd. continued to settle the long outstanding trade receivables.&nbsp; Our internal controls provide that we perform a detailed review of our outstanding receivables, and make adjustments to our estimate to reflect significant delinquent accounts receivable.&nbsp; The Company is not aware of any significant delinquent accounts receivable that have not already been adequately reserved.&nbsp; In addition, we believe that our periodic allowance for doubtful accounts will continue to not have a material impact on our liquidity.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Overall Selling, General and Administrative (&#8220;SG&amp;A&#8221;) expenses increased by $1.8 million, mainly due to the increase in transportation charges in APEC by $0.8 million resulted from the increase in fuel cost. The remaining variance was owing to currency translation adjustment.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Accounts receivable, net of allowance for doubtful accounts, decreased by $46.1 million from the December 31, 2010 figure of $144.5 million to $98.3 million </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">as of December 31, 2011</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">.&nbsp; The decrease in accounts receivable reflects our continuous effort in collecting outstanding debt in a time of global economic uncertainty. The overall Day of Sales Outstanding stands at approximately 92 days, improved as compared to that of 2010 where the number showed 102 days to get the sales proceeds collected. </FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Exchange Gain/Loss</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">The exchange rates at end of December 31, 2010 and 2011 are listed below, based on the Noon Buying Rate. However, they do not actually reflect the ongoing rates during the year when transactions actually took place.&nbsp; </FONT></P>
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<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">December 31,</FONT></B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman"><BR>
</FONT><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">2010</FONT></B></P>
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<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">December 31,</FONT></B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman"><BR>
</FONT><B><FONT style="FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">2011</FONT></B></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Foreign currency to US$1:</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Thai Baht</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">30.16</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">31.51</FONT></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Singapore $</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.29</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.295</FONT></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Australian $</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.00</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">0.976</FONT></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Chinese RMB</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.60</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.294</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Based on the above rates, the revaluation of assets and liabilities denominated in U.S. dollars or other foreign currencies in the Company resulted in unrealized and realized foreign exchange loss of $1.3 million in 2011.&nbsp; </FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Impairment of Investment</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">There have been no investment impairment losses recorded in 2011.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Other Income</FONT></I><B><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"> &nbsp;</FONT></I></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Other income refers to scrap sales of copper as a result of testing and quality control process and dividend income received.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Bill-and Hold Transactions</FONT></I></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">&nbsp;During 2011, Charoong Thai entered into bill-and-hold arrangements with certain customers in Thailand. The Company recognized the revenue under such bill-and-hold arrangements in accordance with </FONT><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">SAB Topic 13A.3.a</FONT></I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">, </FONT><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">&#8220;Bill-and-hold Arrangements&#8221;</FONT></I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">. As of December 31, 2011, the revenue recognized under bill-and-hold arrangements where the cables were yet delivered was $8.6 million, compared to $17.9 million as of December 31, 2011. </FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 12pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Discontinued Operations</FONT></I></P>
<P style="TEXT-INDENT: 20.25pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The divesture of Shandong Pacific Fiber Optics Co. Ltd (&#8220;SPFO&#8221;) was an important goal, and accomplishment, of the Company&#8217;s board of directors and management to enable the Company to focus on its core wire and cable businesses that are more profitable and thereby increase shareholder value. </FONT></P>
<P style="TEXT-INDENT: 20.25pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: 20.25pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">While SPFO has been one of the larger manufacturers of fiber optic cable in Shandong Province, the Company believes that an oversupply of fiber-optic cable products limits the opportunities for sustained development of what is a non-core product line for the Company. In addition, the fiber-optic cable sector throughout China has been dominated by a few large players, who together account for more than 80% of sales of fiber-optic cable products. This market concentration has made competition difficult for companies, such as the Company, that have not committed substantial resources to the fiber optic industry, and SPFO faces additional challenges, such as obtaining raw materials like optical fiber at prices that are competitive in the market place. Moreover, the Chinese government is encouraging further consolidation of fiber and cable manufacturers, and it is not part of the Company&#8217;s current business strategies to put substantial investment in this market sector. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>
<P style="TEXT-INDENT: 20.25pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: 20.25pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company successfully entered into an agreement to sell its 51% interest in the SPFO joint venture to a group of third party investors in exchange for a total cash consideration of RMB 18.5 million (approximately $2.9 million), effective upon the directors approval on September 7, 2011. The share transfer was completed on December 1, 2011. Consequently, the Company&#8217;s deconsolidated SPFO effective December 2011. The Company recognized $2.0 million gain on disposal of a subsidiary in the consolidated statement of operations.</FONT></P>
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<P style="TEXT-INDENT: 20.25pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Goodwill Impairment</FONT></I></P>
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<P style="TEXT-INDENT: 20.25pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Goodwill of $8.8 million as of December 31, 2010 relating to the manufactured products segment and the changes in the carrying amount of goodwill are as follows: </FONT></P>
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<P style="MARGIN: 0cm 0.7pt 0pt 0cm; VERTICAL-ALIGN: baseline"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 6pt 0pt 0cm; VERTICAL-ALIGN: baseline" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
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<P style="MARGIN: 0cm 0.7pt 0pt 0cm; VERTICAL-ALIGN: baseline"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Balance, December 31, 2010</FONT></P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 6pt 0pt 0cm; VERTICAL-ALIGN: baseline" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$ 8,801</FONT></P>
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<P style="MARGIN: 0cm 0.7pt 0pt 0cm; VERTICAL-ALIGN: baseline"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Disposal of a subsidiary </FONT></P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 6pt 0pt 0cm; VERTICAL-ALIGN: baseline" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(10)</FONT></P>
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<P style="MARGIN: 0cm 0.55pt 0pt 0cm"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Impairment </FONT></P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 6pt 0pt 0cm; VERTICAL-ALIGN: baseline" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">(8,791)</FONT></P>
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<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 6pt 0pt 0cm; VERTICAL-ALIGN: baseline" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
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<P style="MARGIN: 0cm 0.55pt 0pt 0cm"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Balance, December 31, 2011</FONT></P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 6pt 0pt 0cm; VERTICAL-ALIGN: baseline; WORD-BREAK: break-all" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">$ &#8211;</FONT></P>
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<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 9pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
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<P style="TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 0pt 0.05pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">In accordance with ASC 350, the Company assessed the fair value of the reporting unit as of December 31, 2011. The Company adopted the discounted cash flow approach and, considering that the reporting unit constituted the majority of the overall consolidated group, by reference to the closing price of its Common Shares on that date as well as an assumed control premium. From January 2011 to December 2011, the stock market downturn caused a decline in the Company&#8217;s stock price by 54.8%, which resulted in a significant reduction in the Company&#8217;s market capitalization. As of December 31, 2011, the assessed fair value was below the carrying value of the reporting unit. The Company then performed a hypothetical purchase price allocation using the fair value of reporting unit and determined that the goodwill was fully impaired. As a result, the Company recognized a goodwill impairment charge of $8.8 million for the year ended December 31, 2011 as a separate item in the consolidated statements of operations. </FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt 21.3pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Thailand Flood Losses</FONT></I></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Siam Pacific suspended operations temporarily in the fourth quarter of 2011 due to damage sustained from the region&#8217;s then-recent flooding. The Siam Pacific facility, located 30 kilometers (18.6 miles) north of Bangkok, manufactures enameled wire and communication wire.&nbsp; The facility sustained water damage, as the water level reached approximately 1.5 meters which damaged some of the machinery and equipment in the plant, as well as some of the inventory in the warehouse. As a result, the Company recorded $3.9 million of flood-related charges, including fixed asset impairments, recovery charges and a write-down of damaged inventory and recognized $0.9 million of deferred tax asset related to the charges in 2011. These charges are separately stated as a line item, &#8220;Charges related to flooding&#8221; within operating expense on the consolidated statements of operations. </FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company&#8217;s insurance policy covers the flood damage to the building, machinery, and inventory; however, it does not cover losses due to the business disruption.&nbsp; </FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Income Taxes</FONT></I></P>
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<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Income tax expense was $4.6 million in 2011 compared to $6.4 million in 2010. The fluctuation was mainly due to the decrease in pre-tax income and non-deductible expense of goodwill impairment.</FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 27pt; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">5.4&#8195;Liquidity and Capital Resources</FONT></B></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 6pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">As of December 31, 2012 we had $72.8 million in cash and cash equivalents, primarily in bank accounts and cash on hand, and none of which was in unrestricted or restricted short-term bank deposits.&nbsp; Our current sources of cash are our cash on hand, cash generated by our operations and our credit facilities.&nbsp; Our primary financing needs will continue to be available for the purchase and replacement of property, plant and equipment and future acquisitions.&nbsp; </FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 6pt">&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 6pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">We have no direct business operations other than our ownership of the capital stock of our subsidiaries and equity investees.&nbsp; Consequently, our subsidiaries have been and will continue to be the primary source of funds generated by operations.&nbsp; Corporate needs are funded primarily through distributions from our subsidiaries.&nbsp; Although we have no current intention to pay dividends, we would rely upon distributions of dividends from our subsidiaries in order to do so.&nbsp; As noted in our risk factors, our operating subsidiaries and other holdings and investments, from time to time, may be subject to restrictions on their ability to make distributions to us.&nbsp; Such restrictions could result from restrictive covenants contained in our loan agreements, restrictions on the conversion of local currency earnings into U.S. dollars or other currency and other regulatory restrictions.&nbsp; For example, PRC legal restrictions permit payments of dividends by our business entities in the PRC only out of their retained earnings, if any, determined in accordance with relevant PRC accounting standards and regulations.&nbsp; Under PRC law, such entities are also required to set aside a portion of their net income each year to fund certain reserve funds.&nbsp; These reserves are not distributable as cash dividends.&nbsp; The foregoing restrictions may also affect our ability to fund operations of one subsidiary with dividends and other payments received from another subsidiary.&nbsp; We are not aware of any other restrictions in other countries in which we do business other than those discussed in the &#8220;Risk Factors&#8221; section.&nbsp; Distributions may also be restricted as the result of objections by minority shareholders of our subsidiaries and current cash requirements of the operating subsidiaries.&nbsp; Consequently, we periodically need to manage our corporate cash needs with the timing of distributions. </FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 6pt">&nbsp;</P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 6pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">We maintain several working capital and overdraft credit facilities with various commercial bank groups and financial institutions.&nbsp; Under our line of credit arrangements for short-term debt with our banks, we may borrow up to approximately $336.1 million, including letters of credit for commodity purchases, on such terms as we and the banks mutually agreed upon.&nbsp; These arrangements do not have termination dates but are reviewed annually for renewal.&nbsp; As of December 31, 2012, the unused portion of the credit lines was approximately $227.1 million. Letters of credit are issued on our behalf in the ordinary course of business by our banks as required by certain supplier contracts.&nbsp; As of December 31, 2012, the Company had opened letters <FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">of credit totaling $39.8 million.&nbsp; Liabilities relating to the letters of credit are included in current liabilities.&nbsp; There is no seasonality to the company&#8217;s borrowing, nor is there any restriction on the use of such borrowing. </FONT></FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Net cash provided by operating activities in the year ended December 31, 2012 was $11.6 million, as compared to $22.6 million of net cash provided by operating activities in the year ended December 31, 2011.&nbsp; Days of sales outstanding (&#8220;DSO&#8221;) is a measure of the average collection period of accounts receivable, and although the calculation is influenced by the period used and the timing of sales within that period, it can provide insight into the variances in collections from period to period.&nbsp; Our days of sales outstanding as December 31, 2012 were 91 days, as compared to 92 days as of December 31, 2011.&nbsp; The improvement in DSO as of December 31, 2012 is due to re-enforcing collection efforts based on various company policies across the group. Net cash used in investing activities amounted $15.8 million, incurred for the purchase of machinery and equipment at the CTW group, NPC, and PEWS.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">We engage in various transactions with PEWC, including the purchase of certain raw materials and the distribution of PEWC products mainly in Singapore.&nbsp; The Composite Services Agreement contains provisions that define our relationship and the conduct of our respective businesses and confers certain preferential benefits on us.&nbsp; Under the Composite Services Agreement, the material terms of which are summarized in the &#8220;Material Contracts&#8221; section, there are no obligations binding on the Company in favor of PEWC, nor are there any pre-established purchase commitments for copper.&nbsp; As such, the Composite Services Agreement should not impact cash flows or liquidity until such time as actual purchases are made in the ordinary course of business such as for the purchase of raw materials.&nbsp; The Composite Service Agreement may, however, impact operations to the extent that PEWC is not able to fulfill its obligations, such as supplying copper, and copper is not otherwise readily available on comparable terms from other market sources.&nbsp; Cash generated by operations and borrowings, when needed, from our credit facilities have been the primary sources of funding purchases under the Composite Services Agreement, and we believe these sources will continue to provide sufficient funds for future purchases under this agreement.&nbsp;&nbsp; </FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 2pt 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">We believe funds generated by our operating activities, our cash on hand and amounts available to us under our credit facilities will provide adequate cash to fund our requirements through at least the next twelve months.&nbsp; We continue to have sufficient liquidity to meet our anticipated working capital, capital expenditures, general corporate requirements, and other short-term and long-term obligations as they come due.&nbsp; We may further enhance our liquidity in the future, as needs arise, by establishing additional lines of credit, with the support of one or more of our principal shareholders if necessary and available.&nbsp; We currently anticipate that we will retain all of our earnings to fund our operations and do not anticipate paying any cash dividends in the foreseeable future.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">5.5&#8195;Research and Development</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">The Company does not currently engage in its own research and development.&nbsp; Under the Composite Services Agreement with PEWC described herein, the Company benefits from research and development conducted by PEWC at little or no cost to the Company.&nbsp; Most recently, the Company utilized technology from its parent company, PEWC, to assist in developing the Company&#8217;s new business line of electronic wire being manufactured in NPC&#8217;s facility.&nbsp; Accordingly, the Company has not made material expenditures on or commitments to research and development since formation.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 27pt; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">5.6&#8195;Trend Information</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">We are not aware of any trend, commitment, event or uncertainty that can reasonably be expected to have a material effect on our current or future business other than the following, each of which has materially impacted our financial results in the past and may do so in the future:</FONT></P>
<P style="TEXT-INDENT: -18pt; MARGIN: 0cm 0cm 12pt 56.15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face=symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Uncertainty arising from the volatility in the cost of copper, our principal raw material.</FONT></I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">&nbsp; In 2012, the copper price went down from $8,826 (yearly average for 2011) per metric ton to $7,950 per metric ton (yearly average for 2012). Since the copper price however bounced back in the <FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">beginning of 2012, the inventory impairment recorded in 2011 has been completely consumed.</FONT><FONT style="FONT-SIZE: 11pt" lang=EN-US face=calibri,sans-serif> </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">However, under our business model, the Company, like other companies in the industry, remains subject to movements in the price of copper, our principal raw material.</FONT></FONT></P>
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<P style="TEXT-INDENT: -18pt; MARGIN: 0cm 0cm 12pt 56.15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face=symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Fluctuations in the demand for our products in the markets in which we do business</FONT></I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">, based upon variations in the level of governmental and private investments in communications, power and industrial projects and programs that utilize our products. We are not an end-user of our products and, therefore, we depend upon the requirements of our customers to generate sales.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">See &#8220;Quantitative and Qualitative Disclosures About Market Risk.&#8221;</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">5.7&#8195;Off-Balance Sheet Arrangements</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">On December 20, 2012, the Board approved early repayment of a loan of $14 million with Bangkok Bank Hong Kong branch, to be executed in February 2013 and March 2013. The purpose of this move was to free Ningbo Pacific&nbsp;assets and equipment for possible future financing needs and for restructuring of Shanghai Yayang. At the end of January and February 2013, the loan was partially paid off &nbsp;in the amount of $0.3 million and $ 4.7 million, respectively, by CCH HK with the remainder of $9 million paid at the end of March 2013.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">5.8&#8195;Contractual Obligations</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">The following table sets forth our obligations and commitments to make future payments under contracts and other commitments as of December 31, 2012: </FONT></P>
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<P style="TEXT-ALIGN: center; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
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<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Payments due by period</FONT></B></P>
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</FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(In thousands of US$)</FONT></B></P>
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<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Total</FONT></B></P>
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<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Less than 1 year</FONT></B></P>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">1-3 years</FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">3-5 years</FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">More than 5 years</FONT></B></P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="45%">
<P style="TEXT-INDENT: -7.1pt; MARGIN: 0cm 0pt 0pt 15.9pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Bank loans and overdrafts</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">$57,845</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">$57,845</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">-</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">-</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="11%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">-</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="45%">
<P style="TEXT-INDENT: -7.1pt; MARGIN: 0cm 0pt 0pt 15.9pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Capital lease obligations (principal amount only)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">$243</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">$167</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">$76</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">-</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="11%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">-</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="45%">
<P style="TEXT-INDENT: -7.1pt; MARGIN: 0cm 0cm 0pt 15.9pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Finance charges on capital lease obligations</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">$18</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">$12</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">$6</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">-</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">-</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="45%">
<P style="TEXT-INDENT: -7.1pt; MARGIN: 0cm 0cm 0pt 15.9pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Operating lease obligations</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">$4,681</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">$1,033</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">$958</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">$373</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">$2,317</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="45%">
<P style="TEXT-INDENT: -7.1pt; MARGIN: 0cm 0cm 0pt 15.9pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Capital commitment relating to installation of equipment and acquisition of machinery</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">$2,492</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">$2,492</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="45%">
<P style="TEXT-INDENT: -7.1pt; MARGIN: 0cm 0cm 0pt 15.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Capital commitment relating to repair and maintenance consulting service</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">$232</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">$232</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="45%">
<P style="TEXT-INDENT: -7.1pt; MARGIN: 0cm 0cm 0pt 15.9pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Purchase obligations for copper cathodes</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">$231,652</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">$231,652</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">-</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">-</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">-</FONT></P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="45%">
<P style="TEXT-ALIGN: center; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<DIV style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">$297,163</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<DIV style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">$293,433</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<DIV style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">$1,040</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">
<DIV style="BORDER-BOTTOM: windowtext 2.25pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">$373</FONT></P>
</DIV></TD>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 15pt 0cm"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">For more details on financial commitments and contingencies, please refer to our audited consolidated financial statements and the notes thereto in Item 18:&nbsp; &#8220;Financial Statements.&#8221;</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -20.9pt; MARGIN: 0cm 0cm 15pt 44.05pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">5.9 &nbsp;&nbsp;Adoption of International Financial Reporting Standards as issued by International Accounting Standards Board</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">The management of the Company has decided to adopt </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">International Financial Reporting Standards</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"> (IFRS) as issued by International Accounting Standards Board. The move from US GAAP to IFRS is to align with APWC subsidiaries that have already adopted local IFRS, and&nbsp;to bring more consistency in accounting and financial reporting amongst its operating subsidiaries. The date of the conversion to IFRS has yet to be determined.</FONT></P>
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<P style="TEXT-ALIGN: center">52</P>
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<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Item 6:&#8195;Directors, Senior Management and Employees</FONT></B></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="franklin gothic book,sans-serif">&#8195;</FONT></B><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.1&#8195;Directors and Senior Management</FONT></B></P>
<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">There is only one class of directorships and no one or more directors possesses any veto power over matters presented to the Board or any other special or enhanced voting rights. The Bye-Laws provide that a quorum consists of a majority of the directors then in office.&nbsp; As of December 31, 2012, there were a total of 9 directors on the Board, including three independent directors, Mr. Anson Chan, Dr. Yichin Lee, and Dr. Lambert Ding.&nbsp; By a resolution passed at the Company&#8217;s most recent annual general meeting of shareholders (the &#8220;2012 AGM&#8221;) held on October 5, 2012, the shareholders determined that </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">the minimum number of directors shall be fixed at two (2), the maximum number of directors be fixed at ten (10) and that one (1) vacancy shall exist on the Board of Directors, which shall be deemed to be a casual vacancy, which may be filled from time to time by the Board of Directors in accordance with the provisions of the Bye-Laws. </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Each director is entitled to one vote, and approval of any matter requires a simple majority assuming a quorum is present. The following table sets forth certain information concerning the current directors and certain other officers of the Company.&nbsp; All directors are subject to annual election by the shareholders of the Company.&nbsp; Each of the directors was reelected at the Company&#8217;s 2012 AGM. Officers generally hold office for such period and upon such terms as the Board may determine.</FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10.1pt; MARGIN: 0cm 0cm 0pt 10.1pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Appleby Services (Bermuda) Ltd.</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 12pt; MARGIN: 1pt 0cm 4pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">N/A</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 12pt; MARGIN: 1pt 0cm 4pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Assistant Resident Secretary</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Anson Chan</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 19.1pt; MARGIN: 0cm 0cm 0pt 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">November 3, 1963</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 12pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Independent director, Audit Committee Chairman</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Andy C.C. Cheng</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 19.1pt; MARGIN: 0cm 0cm 0pt 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">April 29, 1958</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 12pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Director and Non-Executive Chairman of the Board</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Fang Hsiung Cheng</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 12pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Director</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Alex Erskine</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 19.1pt; MARGIN: 0cm 0cm 0pt 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">September 7, 1963</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 12pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Resident Secretary in Bermuda</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 1pt 0cm 4pt 10pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Daphne Hsu</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 19.1pt; MARGIN: 1pt 0cm 4pt 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">August 12, 1962</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 12pt; MARGIN: 1pt 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Financial Controller</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Lambert L. Ding</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 19.1pt; MARGIN: 1pt 0cm 4pt 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">October 12, 1959 </FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 12pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Independent director, Audit Committee Member</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Michael C. Lee</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 12pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Director</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Yichin Lee</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 19.1pt; MARGIN: 0cm 0cm 0pt 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">January 4, 1961</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 12pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Independent director, Audit Committee Member</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Ching Rong Shue</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 19.1pt; MARGIN: 0cm 0cm 0pt 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">March 4, 1950</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 12pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Director</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">David Sun</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 19.1pt; MARGIN: 0cm 0cm 0pt 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">December 22, 1953</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 12pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Director</FONT></I></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Yuan Chun Tang</FONT></I></P>
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<P style="TEXT-INDENT: 19.1pt; MARGIN: 0cm 0cm 0pt 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">November 26, 1960</FONT></I></P>
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<P style="TEXT-INDENT: 12pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Director, Chief Executive Officer</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10.1pt; MARGIN: 1pt 0cm 0pt 10.1pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">William Gong Wei</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 12pt; MARGIN: 1pt 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Chief Operating Officer</FONT></I></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Frank Tseng</FONT></I></P>
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<P style="TEXT-INDENT: 12pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Chief Financial Officer; Non-Resident Secretary</FONT></I></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Certain officers and directors of the Company are or were also officers and directors of PEWC and/or PEWC affiliates, as described below.&nbsp; A brief professional summary for each member of the Board of Directors and senior management is as follows:</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Mr. Anson Chan has been an independent member of the Company&#8217;s Board of Directors and a member and Chairman of the Audit Committee and compensation committee since 2007.&nbsp; Mr. Chan is also a Managing Director of the Bonds Group of Companies and was a Senior Advisor to Elliott Associates from 2005 to 2008.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Mr. Andy C.C. Cheng was a member of the Company&#8217;s Board of Directors from 2004 to 2005 and was re-elected in 2007.&nbsp; Mr. Cheng was appointed as Chairman of the Board in 2009.&nbsp; From 1987 to 2003, Mr. Cheng served as Vice President in charge of procurement at PEWC.&nbsp; Mr. Cheng has been an Executive Vice President at PEWC since 2004 and Chairman of each of the investment divisions of PEWC, Tai Ho Investment Co., Ltd. and You Chi Investment Co., Ltd., since June 2008.&nbsp; Mr. Andy C.C. Cheng is not related to Mr. Fang Hsiung Cheng.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Mr. Fang Hsiung Cheng has been a member of the Company&#8217;s Board of Directors since 2006.&nbsp; He also serves as Assistant Vice President of PEWC.&nbsp; Mr. Fang Hsiung Cheng is not related to Mr. Andy C.C. Cheng.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Mr. Alex Erskine was appointed as resident Secretary in Bermuda in October 2008.&nbsp; Mr. Erskine is a partner in the Bermuda law firm of Appleby, where he is the local team leader of the funds and investment services practice group, which group he joined in 1999.&nbsp; From March 2007 until October 2008, Mr. Erskine was the managing partner of the British Virgin Islands office of Appleby.&nbsp; Prior to joining Appleby, Mr. Erskine was Deputy Legal and Compliance Director of the Asset Management Division of UBS AG.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Ms. Daphne Hsu has been Financial Controller of the Company since March 2005, prior to which she served as Financial Controller for ten years in Taiwan and China at a Thomson SA joint venture.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Dr. Lambert Ding was appointed March 17, 2011 as an independent member of the Board of Directors. Dr. Ding is the president and CEO of Union Environmental Engineering Services and before that, he was an associate professor at Yuan Ze University.</FONT><U><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=blue face="Times New Roman"> </FONT></U><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Dr. Ding holds a Doctor of Philosophy degree from the University of Southern California, awarded in 1989. He is also a Registered Environment Assessor and holds several patents. Dr. Ding serves as a member of the audit committee and compensation committee.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Mr. Michael C. Lee has been a member of the Company&#8217;s Board of Directors since 2004 and is also Chief Executive Officer of PEWC and Chairman of Pacific USA Holdings, Ltd.&nbsp; Mr. Michael C. Lee is not related to Dr. Yichin Lee.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Dr. Yichin Lee has been an independent member of the Company&#8217;s Board of Directors and served on the Audit Committee since 2007. He is also a member of the compensation committee.&nbsp; Dr. Lee is the Managing Director of FCC partners. Dr. Yichin Lee holds a doctorate degree in Resource Planning and Management from Stanford University.&nbsp; Dr. Yichin Lee is not related to Mr. Michael C. Lee.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Mr. Ching Rong Shue has been a member of the Company&#8217;s Board of Directors since 2006.&nbsp; He also serves as Vice President of PEWC. </FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Mr. David Sun has been a member of the Company&#8217;s Board of Directors since 2007.&nbsp; He also serves as President of PEWC and Managing Director of Charoong Thai Wire and Cable Public Company Limited. </FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Mr. Yuan Chun Tang has been a member of the Company&#8217;s Board of Directors since 2004 and Chief Executive Officer since 2005.&nbsp; Mr. Yuan served as the Company&#8217;s Chairman from 2005 to 2009.&nbsp; He has also served as Chairman of PEWC since 2004 and has been the Director of Pacific Construction Corp. Ltd since 2002.&nbsp; Mr. Yuan served as the Director of Taiwan Co-generation Corp from 2005 to 2008.&nbsp; Mr. Yuan has also been the Chairman of Taiwan Electric Wire &amp; Cable Industries Association since 2004.&nbsp; He has served as the Supervisor to Taipei Importers/Exporters Association as well as the Director of Chinese National Federation of Industries in Taiwan since 1998 and 2004, respectively.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Mr. Carson Tien has been with PEWC or one of its affiliates such as APWC for his entire career.&nbsp; He started out as engineer in PEWC&#8217;s Tao Yuan, Taiwan plant in 1969 and later was promoted to plant manager in 1977.&nbsp; In 1990 Carson again was promoted to Assistant VP responsible for Engineering and Manufacturing in PEWC.&nbsp; He then in 1996 was transferred from PEWC to APWC to head the Shenzhen, China plant as President of PEWS.&nbsp; In 2005, he was appointed as Chief Operating Officer at APWC headquarters. On March31, 2103, Mr. Tien retired from APWC. </FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Mr. William Gong Wei has been appointed Chief Operating Officer effective April 1, 2013. He was first assigned to Charoong Thai Wire and Cable Pte. Co. Ltd. as Engineer, Assistant Plant Manager, and later consultant to the high voltage cable division from 1991 to 2000. In April 2009 he was promoted to General <FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Manager of Sigma Cable in Singapore. Mr. Gong Wei holds a master&#8217;s degree from the Asian Institute of Technology in Bangkok, Thailand.</FONT></FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Mr. Frank Tseng was appointed as Chief Financial Officer and Non-Resident Company Secretary effective October 22, 2009.&nbsp; Mr. Tseng previously served as the Deputy CFO for ABB Taiwan.&nbsp; Prior to that, he served as the Financial Controller of the Asia Pacific region of Phoenix Technologies Co., a NASDAQ-listed California Silicon Valley-based high-tech company.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company&#8217;s Common Shares are traded on NASDAQ.&nbsp; Notwithstanding that, the Board of Directors is not composed of a majority of independent directors.&nbsp; The Company is relying upon the &#8220;controlled company exemption&#8221; that is available to issuers under the rules of NASDAQ.&nbsp; In effect, the &#8220;controlled company exemption&#8221; provides that an issuer is not required to have its Board of Directors consist of a majority of independent directors if a shareholder, or two or more shareholders who constitute a group, have beneficial ownership of more than 50% of the issued and outstanding voting securities of the issuer.&nbsp; PEWC owns and controls, directly or indirectly, 65.6% of the issued and outstanding Common Shares of the Company.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">No service contract exists between any director and the Company or any of its subsidiaries providing for benefits upon termination of employment.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">The Company has no arrangements or understandings with any major shareholders, customers, suppliers or others, pursuant to which any person referred to above was selected as a director or member of senior management.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.2&#8195;Audit Committee</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Audit Committee of the Board of Directors primarily functions to assist the Board in its oversight of: (i) the reliability and integrity of accounting policies and financial reporting and disclosure practices and (ii) the establishment and maintenance of processes to ensure that there is compliance with all applicable laws, regulations and company policy and an adequate system of internal control, management of business risks and safeguard of assets.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Audit Committee is composed of Mr. Anson Chan, Dr. Yichin Lee and Dr. Lambert Ding, with Mr. Chan serving as the chairman of the Audit Committee.&nbsp; </FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Audit Committee, as currently constituted, complies with the requirements of Regulation 10A-3 of the Exchange Act and the corporate governance requirements of NASDAQ.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.3&#8195;Compensation Committee</FONT></B></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">On June 13, 2008, the Board authorized the formation of a Compensation Committee to assist the Company in determining the compensation to be paid to the executive directors of the Company.&nbsp; According to the terms of reference under which it operates, the Compensation Committee is authorized to:&nbsp; (i) review and recommend to the Board, or determine, the annual salary, bonus, stock options, and other benefits, direct and indirect, of the senior management of the Company and its principal operating subsidiaries; (ii) review new executive compensation programs, review on a periodic basis the operations of the Company&#8217;s executive compensation programs to determine whether they are properly coordinated, establish and periodically review policies for the administration of executive compensation programs, and take steps to modify any executive compensation programs that yield payments and benefits that are not reasonably related to executive performance; (iii) engage outside auditors and consultants to advise on market compensation; and (iv) establish and periodically review policies in the area of management perquisites.&nbsp; </FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Compensation Committee is comprised of three independent directors, Mr. Anson Chan, Dr. Yichin Lee, and Dr. Lambert Ding</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">. Mr. Andy Cheng and Mr. Yuan Chun Tang, the Company&#8217;s Chairman and Chief Executive Officer respectively, serve in a non-voting advisory capacity to the Compensation Committee.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.4&#8195;Compensation</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The aggregate amount of compensation paid by the Company to all of the Company&#8217;s directors and executive officers, as a group, for services in all capacities during 2012 was approximately $1.8 million.&nbsp; As of</FONT><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"> </FONT></B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">March 31, 2013, our directors and executive officers beneficially owned approximately 50,000 Common Shares representing approximately</FONT><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"> </FONT></B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">0.4% of the issued and outstanding Common Shares.&nbsp; The annual compensation of its executive officers and directors on an individual basis is not a disclosure item under the laws of Bermuda or Taiwan.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The fee payable to independent directors is $30,000 per year and the fee payable to directors who are executive officers of the Company or PEWC is $20,000 per year, together with, in each case, reimbursement of reasonable travel expenses for attendance of meetings of the Board of Directors.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">No funds or provisions have been set aside to directors or management except for government mandated programs.&nbsp; </FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.5&#8195;Employees</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company employed a total of 1,413 employees as of December 31, 2012, of which about 19.7% were administrative and management personnel.&nbsp; Approximately 57.3% of employees were located in Thailand, 26.6% in China, 10.7% in Singapore and 5.4% in Australia.&nbsp; Production workers are usually organized into two 12-hour shifts or three 8-hour shifts to allow continuous factory operations.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company offers a range of employee benefits, which it believes are comparable to industry practice in its local markets.&nbsp; Such benefits include performance-based pay incentives, medical benefits, vacation, pension, housing for a small number of workers in Singapore and in Thailand, and a small housing supplement to other workers.&nbsp; The Company also provides training programs for its personnel designed to improve worker productivity and occupational safety.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Presently, there is no group bonus, profit-sharing or stock option plan.&nbsp; However, some of the Company&#8217;s subsidiaries have bonus or profit-sharing plans based on individual performance and the profitability of the particular subsidiary for the fiscal year, which plans are generally in accordance with the industry practice and market conditions in the respective countries.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company has several defined benefit and defined contribution plans covering its employees in Thailand, Australia, the PRC and Singapore.&nbsp; Contributions to the plans are made on an annual basis and totaled $1.2 million in 2012.&nbsp; Additionally, the Company has several defined benefit plans in accordance with Thailand labor law.&nbsp; In its Thai subsidiaries, the Company must pay a retiring employee from one to twenty-nine times such employee&#8217;s salary rate during his or her final month, depending on the length of service.&nbsp; During 2012, the Company&#8217;s total expenses under this labor law were $0.9 million.&nbsp; These plans are not funded and the amount is recognized and included in Other Current and Non-Current Liabilities in the Company&#8217;s balance sheet.&nbsp; The Company settles it obligations as and when employees retire.&nbsp; The accumulated benefit obligations under this plan amounted to $5.8 million as at December 31, 2012.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Approximately 27% of the employees of Sigma Cable are members of the United Workers of Electronics &amp; Electrical Industries, an employees&#8217; union in Singapore.&nbsp; Under the terms of a collective agreement signed in June 2003, the Company is required to negotiate salary and wage increases yearly.&nbsp; All other worker benefits and employment terms are included in the collective agreement.&nbsp; The Company believes that <FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">approximately 100% and 99% of the employees of PEWS and Shanghai Yayang, respectively, are members of their respective Company Workers&#8217; Unions.&nbsp; These unions generally operate in accordance with related labor regulations in China.&nbsp; Approximately 15% of the employees of APEC are members of the Australian Workers&#8217; Union.&nbsp; None of the employees of the other operating subsidiaries of the Company are members of a union.</FONT><B><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;</FONT></I></B></FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company has never experienced a strike or other disruption due to labor disputes.&nbsp; The Company considers its employee relations to be satisfactory and has not experienced difficulties attracting and retaining qualified employees.&nbsp; In Singapore, employee turnover is approximately 27% of total employees annually.&nbsp; In Thailand, average employee turnover is approximately 8.7% of total employees annually.</FONT></P>
<P style="MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Item 7:&#8195;Major Shareholders and Related Party Transactions</FONT></B></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">7.1&#8195;Major Shareholders</FONT></B></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">On March 27, 2009, PEWC acquired 1,410,739 Common Shares of the Company from SOF, which amount represented 51% of the Common Shares then held by SOF. Following that transaction, PEWC and SOF held 65.6% and 9.8% of the issued and outstanding Common Shares of the Company, respectively.&nbsp; As of July 1, 2011, SOF transferred and conveyed its ownership interest in the 1,355,415 Common Shares held by it to COF. &nbsp;Pursuant to the Share Buy-back Plan, the Company re-purchased 9,300 Common Shares, which are now held by the Company and booked as treasury shares. The remaining approximately 24.5% of the issued and outstanding Common Shares are publicly traded in the U.S. on the NASDAQ Global Markets tier.&nbsp;&nbsp;</FONT>&nbsp; </FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The following table sets forth certain information regarding beneficial ownership of the Company&#8217;s Common Shares as of March 31, 2012 by (i) all persons who are known to the Company to own beneficially more than five percent of the Common Shares of the Company and (ii) the officers and directors of the Company as a group.&nbsp; The information set forth in the following table is derived from public filings made by holders and information obtained from directors and officers.&nbsp; The voting rights attaching to the Common Shares below are the same as those attaching to all other Common Shares. </FONT></P>
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<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Percent of Class</FONT></B></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Pacific Electric Wire &amp; Cable Co., Ltd.<SUP> </SUP></FONT><SUP><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(1)</FONT></SUP></P>
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<P style="TEXT-ALIGN: right; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">9,075,354</FONT></P>
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<P style="TEXT-ALIGN: right; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">65.617%</FONT></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=black face="Times New Roman">MSD Credit Opportunity Master Fund, L.P. </FONT><SUP><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(2)</FONT></SUP></P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">1,355,415</FONT></P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">9.800%</FONT></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Directors and Officers of the Company</FONT></P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">50,000</FONT></P>
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<P style="TEXT-ALIGN: right; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">0.362%</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">(1) PEWC owns 1,410,739 shares directly and owns its remaining shares indirectly, as a result of PEWC&#8217;s control of its direct wholly&#8209;owned subsidiary, Moon View Ventures Limited, a BVI company, which beneficially owns 7,307,948 Common Shares, and as a result of PEWC&#8217;s control of its indirect wholly&#8209;owned subsidiary, Pacific Holdings Group, a Nevada corporation, which beneficially owns 356,667 Common Shares.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">(2)&nbsp; MSD Credit Opportunity Master Fund, L.P. is the record and direct beneficial owner of the securities.&nbsp; MSDC Management, L.P. is the investment manager of, and may be deemed to have or share voting and dispositive power over, and/or beneficially own securities owned by, MSD Credit Opportunity Master Fund, L.P.&nbsp; MSDC Management (GP), LLC is the general partner of, and may be deemed to have or share voting and dispositive power over, and/or beneficially own securities owned by, MSDC Management, L.P.&nbsp; Each of Glenn R. Fuhrman, John C. Phelan and Marc R. Lisker is a manager of MSDC Management (GP) and may be deemed to have or share voting and/or dispositive power over, and beneficially own, the common shares beneficially owned by MSDC Management (GP).&nbsp; Each of Mr. Fuhrman, Mr. Phelan and Mr. Lisker disclaim beneficial ownership of such common shares, except to the extent of the pecuniary interest of such person in such shares.</FONT></P>
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<P style="TEXT-ALIGN: center">57</P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">The Company has 6,166,154 Common Shares that are registered securities, of which 3,390,700 Common Shares are publicly-traded on the </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">NASDAQ Global Markets tier</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">, which represents approximately 24.5% of the issued and outstanding Common Shares.&nbsp; The remaining registered securities, 2,766,154 Common Shares, are held by PEWC and COF, and are subject to trading restrictions under Rule 144 promulgated under the Securities Act.&nbsp; Other than the approximately 50,000 Common Shares held by directors or officers who are not resident in the United States and the 1,410,739 registered securities held indirectly by PEWC, the Company believes that substantially all of its registered securities are held by U.S. residents (other than the 9,300 Common Shares held by the Company in treasury).&nbsp; The Company has no means to definitively confirm that belief, however, which is based upon a review of the share registers maintained by the Company&#8217;s Bermuda transfer agent and U.S. transfer agent and the addresses provided by the record holders.&nbsp; Based upon a review of the records of the Company&#8217;s U.S. transfer agent, including a list of non-objecting beneficial holders (&#8220;NOBOs&#8221;), the Company believes there are substantially more than 400 beneficial holders that are resident in the United States, although that constitutes only the Company&#8217;s best estimate of the number of U.S. beneficial holders.</FONT></FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">7.2&#8195;Related Party Transactions</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">The Company incurs ordinary course trade payables with PEWC in connection with copper purchases under the Composite Services Agreement and the sale by the Company of Distributed Products on behalf of PEWC.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">As of December 31, 2012 and the latest practicable date, the Company, including its subsidiaries, had a net principal balance outstanding of $9.6 million borrowed from PEWC and subsidiaries of PEWC. This short-term indebtedness is payable on a demand basis and does not accrue interest.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">The Company used the proceeds from each of the related party loans described above for working capital and purchases of capital equipment. </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The terms of borrowing by APWC or any of its subsidiaries from PEWC are on terms at least no less favorable than terms available in arms-length transactions with unaffiliated parties.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Other than the Amended and Restated Shareholders Agreement, the Company is not a party to any agreements, and has not engaged in any other transactions, with COF or SOF, or to the Company&#8217;s knowledge, their owners.&nbsp; For a more detailed description of the Company&#8217;s obligations under the Shareholders Agreement, see the risk factor entitled &#8220;</FONT><U><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Obligations under Amended and Restated Shareholders Agreement</FONT></U><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">.&#8221;&nbsp;</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Under the terms of the Composite Services Agreement, APWC pays a management fee to PEWC in connection with the secondment, or temporary assignment and relocation, of certain PEWC managers to APWC facilities in Shenzhen and Thailand.&nbsp; The assigned managers assist APWC in implementing the results of certain research and development conducted by PEWC and made available by PEWC to the Company under the terms of the Composite Services Agreement.&nbsp; The assigned managers also assist APWC in the procurement of raw materials, primarily copper, which is also provided for under the Composite Services Agreement.&nbsp; The amount of such annual management fee was $388,000 as of December 31, 2012.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Additional details regarding related party balances as of December 31, 2012 and related party transactions, including copper purchases from PEWC, are disclosed in Note 17 of our audited consolidated financial statements in Item 18:&nbsp; Financial Statements.&nbsp; </FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">There have been no other related party transactions or contracts entered into between PEWC and APWC in 2012.</FONT></P>
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<A name=page_62></A><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Item 8: Financial Information</FONT></B>
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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">8.1 Legal Proceedings</FONT></B></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">There are currently no material proceedings in which any director, senior manager, or affiliate is adverse to the Company or has an adverse material interest.&nbsp; There are no legal proceedings to which the Company is a party which may have, or have had in the recent past, significant effects on the Company&#8217;s financial position or profitability.</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">8.2&#8195;Dividend Policy</FONT></B></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">To date, the Company, a Bermuda company formed in 1996, has not paid any dividends.&nbsp; While the Company has no present intention to pay dividends, should it decide in the future to do so, as a holding company the Company&#8217;s ability to pay dividends, as well as to meet its other obligations, will depend upon the amount of distributions, if any, received from the Company&#8217;s operating subsidiaries and other holdings and investments.&nbsp; The Company&#8217;s operating subsidiaries and other holdings and investments, from time to time, may be subject to restrictions on their ability to make distributions to the Company. Those restrictions may also affect the Company&#8217;s ability to fund operations of one subsidiary with dividends and other payments received from another subsidiary.</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">8.3&#8195;Significant Changes</FONT></B></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">There have been no material or significant changes in the Company&#8217;s affairs since the end of the fiscal year ended December 31, 2012 that have not been described herein.</FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Item 9:&#8195;The Offer and Listing</FONT></B></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">9.1&#8195;Historical Trading Information</FONT></B></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The high and low market prices for Common Shares on the Pink Sheets (from January 2007 until April 2008), and on the over-the-counter bulletin board (the&nbsp; &#8220;OTC BB&#8221;) (from April 2008 until April 2011), and on the NASDAQ since April 29, 2011, for each period specified are as follows:</FONT></P>
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<P style="TEXT-ALIGN: center; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt" align=center><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
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<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Price per Share ($)</FONT></B></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
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<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Low</FONT></B></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Five most recent full financial years:</FONT></B></P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right>&nbsp;</P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2008</FONT></P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.45</FONT></P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">0.80</FONT></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2009</FONT></P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">3.39</FONT></P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">0.50</FONT></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2010</FONT></P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">7.85</FONT></P>
</FONT></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2.20</FONT></P>
</FONT></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="73%"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2011</FONT></P>
</FONT></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">7.05</FONT></P>
</FONT></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.92</FONT></P>
</FONT></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="73%"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2012</FONT></P>
</FONT></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">3.99</FONT></P>
</FONT></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2.25</FONT></P>
</FONT></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="73%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="73%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Two most recent full financial years:</FONT></B></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="73%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2011</FONT></B></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="73%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">First Quarter</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">7.05</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">4,50</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="73%"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Second quarter</FONT></P>
</FONT></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">6.85</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">3.50</FONT></P>
</FONT></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="73%"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Third quarter</FONT></P>
</FONT></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">4.98</FONT></P>
</FONT></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2.62</FONT></P>
</FONT></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="73%"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Fourth quarter</FONT></P>
</FONT></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">3.30</FONT></P>
</FONT></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.92</FONT></P>
</FONT></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="73%"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2012</FONT></B></P>
</FONT></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="73%"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 19.95pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">First quarter</FONT></P>
</FONT></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">3.99</FONT></P>
</FONT></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2.47</FONT></P>
</FONT></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="73%"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Second quarter</FONT></P>
</FONT></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">3.36</FONT></P>
</FONT></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2.25</FONT></P>
</FONT></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="73%"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Third quarter</FONT></P>
</FONT></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">3.19 </FONT></P>
</FONT></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2.56</FONT></P>
</FONT></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="73%"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Fourth quarter</FONT></P>
</FONT></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">3.45 </FONT></P>
</FONT></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2.64</FONT></P>
</FONT></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="73%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="73%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Most recent six months:</FONT></B></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="73%"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">October 2012</FONT></P>
</FONT></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">3.27</FONT></P>
</FONT></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2.64</FONT></P>
</FONT></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="73%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">November 2012</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">3.24</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2.98</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="73%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">December 2012</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">3.45</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">3.02</FONT></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">January 2013</FONT></P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">4.50</FONT></P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">3.34</FONT></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">February 2013</FONT></P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">4.30</FONT></P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">3.80</FONT></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">March 2013</FONT></P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">4.25</FONT></P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">3.64</FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">9.2&#8195;Markets</FONT></B></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company&#8217;s Common Shares were listed on NASDAQ Capital Markets tier on April 29, 2011 under the symbol &#8220;APWC&#8221;.&nbsp; On February 15, 2013, the Company&#8217;s Common Shares were elevated to NASDAQ Global Markets tier.&nbsp; Prior to its NASDAQ listing, the Common Shares were traded on the OTC BB since April 2008 under the symbol &#8220;AWRCF,&#8221; immediately prior to which the Common Shares were traded on the Pink Sheets.&nbsp; See the risk factor entitled &#8220;</FONT><U><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Potential Illiquidity of Common Shares</FONT></U><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">.&#8221;&nbsp; The Common Shares are not listed on any other exchanges or otherwise publicly traded within or outside the United States. The elevation of the Common Shares to NASDAQ&#8217;s Global Markets tier was achieved due primarily to the improved trading price of the Common Shares.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">10.1&#8195;Share Capital</FONT></B></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">As of December 31, 2012 and as of the date of the filing of this Annual Report, the Company has an authorized share capital of 50,000,000 Common Shares, par value $0.01 per share. During 2012, the Company repurchased 1,900 Common Shares. On December 31, 2012 there were 13,830,769</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Common Shares issued and 13,828,869 Common Shares outstanding and a</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">s of the date of the filing of this Annual Report</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">, there were and there are 13,830,769 Common Shares issued and 13,821,469 Common Shares outstanding.&nbsp; No capital of the Company is under option or agreed conditionally or unconditionally to be put under option.&nbsp; The Company does not have any classes of capital stock other than its Common Shares.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">10.2&#8195;Memorandum of Association and Bye-Laws</FONT></B></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 36pt; MARGIN: 1pt 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">10.2.1&nbsp;&nbsp; General</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">For a detailed description of the Company&#8217;s principal activities, see Section 4.1:&nbsp; &#8220;History and Development of the Business.&#8221; Pursuant to the Company&#8217;s Bye-Laws the Board of Directors consists of a single class of directors, each director has one vote on all matters put to the Board, and a quorum consists of a majority of the members of the Board of Directors then in office. The Company&#8217;s Bye-Laws were amended on October 7, 2011 to allow the </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Company to purchase its own shares for cancellation or acquire them to be held as treasury shares</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">.&nbsp;&nbsp;&nbsp;</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">In 2012, the Company commenced a Share Buy-back Plan, pursuant to which the Company repurchased, in the aggregate, 9,300 issued and outstanding Common Shares, with the most recent purchase under the Share Buy-back Plan having been made on January 10, 2013. Those repurchased Common Shares are booked as treasury shares and may be re-sold to third parties by the Company in the future. In April 2013, the Company announced the suspension of the Share Buy-back Plan, although the Board of Directors may re-implement it in the future if it so determines.</FONT></FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 36pt; MARGIN: 1pt 0cm 12pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">10.2.2&nbsp;&nbsp; Description of Shareholder Rights Attaching to Our Common Shares</FONT></B></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company was incorporated in Bermuda on September 19, 1996 under the Companies Act.&nbsp; The rights of our shareholders are governed by Bermuda law and our memorandum of association and Bye-Laws.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The following discussion of our Common Shares and the laws governing the rights of our shareholders is based upon the advice of Appleby (Bermuda) Limited, our Bermuda counsel.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Our authorized share capital as of December 31, 2012 was $500,000 consisting of 50,000,000 Common Shares, par value $0.01 per share, of which, as of December 31, 2012 there were 13,830,769 Common Shares issued and 13,828,869 Common Shares outstanding.&nbsp; As of the date of the filing of this Annual Report, there were and are 13,830,769</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Common Shares issued and 13,821,469</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif> </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Common Shares outstanding. There are 9,300 Common Shares that are issued (but not outstanding) and held as treasury shares, having been purchased by the Company pursuant to its Share Buy-back Plan.</FONT></P>
<P style="TEXT-INDENT: -17pt; MARGIN: 0cm 0cm 15pt 37pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; Holders of the Common Shares have no preemptive, redemption, conversion or sinking fund rights.</FONT></P>
<P style="TEXT-INDENT: -17pt; MARGIN: 0cm 0cm 15pt 37pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; Holders of the Common Shares are entitled to one vote per share on all matters submitted to a poll vote of holders of Common Shares and do not have any cumulative voting rights.</FONT></P>
<P style="TEXT-INDENT: -17pt; MARGIN: 0cm 0cm 15pt 37pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; In the event of our liquidation, dissolution or winding-up and subject to any alternative resolution that may be pursued by our shareholders, the holders of Common Shares are entitled to share ratably in our assets, if any, remaining after the payment of all our debts and liabilities.</FONT></P>
<P style="TEXT-INDENT: -17pt; MARGIN: 0cm 0cm 15pt 37pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; Our outstanding Common Shares are fully paid and non-assessable.</FONT></P>
<P style="TEXT-INDENT: -17pt; MARGIN: 0cm 0cm 15pt 37pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; Additional authorized but unissued Common Shares, and issued shares held in treasury, may be issued or conveyed by the Board without the approval of the shareholders.</FONT></P>
<P style="TEXT-INDENT: 20pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The holders of Common Shares will receive such dividends, if any, as may be declared by the Board of Directors out of funds legally available for such purposes.&nbsp; We may not declare or pay a dividend, or make a distribution out of contributed surplus, if there are reasonable grounds for believing that:</FONT></P>
<P style="TEXT-INDENT: -17pt; MARGIN: 0cm 0cm 15pt 37pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; we are, or after the payment would be, unable to pay our liabilities as they become due; or</FONT></P>
<P style="TEXT-INDENT: -17pt; MARGIN: 0cm 0cm 15pt 37pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; the realizable value of our assets after such payment or distribution would be less than the aggregate amount of our liabilities and our issued share capital and share premium accounts.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The following is a summary of provisions of Bermuda law and our organizational documents, including our memorandum of association and bye-Laws.&nbsp; We refer you to our memorandum of association and our bye-Laws, copies of which have been filed with the SEC.&nbsp; You are urged to read these documents in their entirety for a complete understanding of the terms thereof.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 27pt; MARGIN: 1pt 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">10.2.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Share Capital</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Our authorized capital consists of one class of Common Shares.&nbsp; Under our Bye-Laws, our Board of Directors has the power to issue any authorized and unissued shares on such terms and conditions as it may determine.&nbsp; Any shares or class of shares may be issued with such preferred, deferred, qualified or other special rights or any restrictions with regard to such matters, whether in regard to dividend, voting, return of capital or otherwise, as we may from time to time by resolution of the shareholders prescribe, or in the absence of such shareholder direction, as the Board of Directors may determine.&nbsp; This provision in the Bye-Laws could be used <FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">to prevent a takeover attempt, or to make a takeover attempt prohibitively expensive, and thereby preclude shareholders from realizing a potential premium over the market value of their shares.</FONT></FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 27pt; MARGIN: 1pt 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">10.2.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Voting Rights</FONT></B></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Generally, under Bermuda law and our Bye-Laws, questions brought before a general meeting are decided by a simple majority vote of shareholders present or represented by proxy, with no provision for cumulative voting.&nbsp; Matters will be decided by votes cast by way of voting cards, proxy cards or a show of hands unless a poll is demanded.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">If a poll is demanded, each shareholder who is entitled to vote and who is present in person or by proxy has one vote for each Common Share entitled to vote on such question.&nbsp; A poll may only be demanded under the Bye-Laws by:</FONT></P>
<P style="TEXT-INDENT: -17pt; MARGIN: 0cm 0cm 15pt 37pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; the chairman of the meeting;</FONT></P>
<P style="TEXT-INDENT: -17pt; MARGIN: 0cm 0cm 15pt 37pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; at least three shareholders present in person or represented by proxy;</FONT></P>
<P style="TEXT-INDENT: -17pt; MARGIN: 0cm 0cm 15pt 37pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; any shareholder or shareholders present in person or represented by proxy and holding between them not less than one-tenth of the total voting rights of all shareholders having voting rights; or</FONT></P>
<P style="TEXT-INDENT: -17pt; MARGIN: 0cm 0cm 15pt 37pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; a shareholder or shareholders present in person or represented by proxy holding Common Shares conferring the right to vote on which an aggregate sum has been paid up equal to not less than one-tenth of the total sum paid up on all Common Shares.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Unless the Board of Directors otherwise determines, no shareholder shall be entitled to vote at any general meeting unless all calls or other sums presently payable by that shareholder in respect of all shares held by such shareholder have been paid.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 27pt; MARGIN: 1pt 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">10.2.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dividend Rights</FONT></B></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Under Bermuda law, a company may declare and pay dividends unless there are reasonable grounds for believing that the company is, or would, after the payment, be unable to pay its liabilities as they become due or that the realizable value of the company&#8217;s assets would thereby be less than the aggregate of its liabilities and issued share capital and share premium accounts.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Under our Bye-Laws, the Board may from time to time declare dividends or distributions out of contributed surplus to be paid to the shareholders according to their rights and interests.&nbsp; With the sanction of a shareholders resolution, the Board of Directors may determine that any dividend may be paid by distribution of specific assets, including paid-up shares or debentures of any other company.&nbsp; The Board of Directors may also pay any fixed cash dividend which is payable on any of our Common Shares half-yearly or on other dates, whenever our position, in the opinion of the Board of Directors, justifies such payment.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Dividends, if any, on our Common Shares will be at the discretion of our Board of Directors, and will depend on our future operations and earnings, capital requirements, surplus and general financial condition as our Board of Directors may deem relevant.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 27pt; MARGIN: 1pt 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">10.2.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Purchases by the Company of its own Common Shares</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Under Bermuda law and as authorized by the Company&#8217;s memorandum of association, we may purchase our own Common Shares out of the capital paid up on the Common Shares in question or out of funds that would otherwise be available for dividend or distribution or out of the proceeds of a fresh issue of Common <FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Shares made for the purposes of the purchase.&nbsp; We may not purchase our shares if, on the date on which the purchase is to be effected, there are reasonable grounds for believing that the Company is, or after the purchase would be, unable to pay its liabilities as they become due.</FONT></FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">However, to the extent that any premium is payable on the purchase, the premium must be provided out of the funds of the Company that would otherwise be available for dividend or distribution or out of the Company&#8217;s share premium account.&nbsp; Any Common Shares purchased by the Company are treated as cancelled and the amount of the Company&#8217;s issued capital is diminished by the nominal value of the shares accordingly but shall not be taken as reducing the amount of the Company&#8217;s authorized share capital.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 27pt; MARGIN: 1pt 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">10.2.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Preemptive Rights</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Our Bye-Laws generally do not provide the holders of our Common Shares preemptive rights in relation to any issues of Common Shares by us or any transfer of our shares.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">However, the Company has in the Shareholders Agreement granted to COF preemptive rights in the event of any issuance of additional equity securities (or securities convertible into or exchangeable for equity securities) by the Company, such that COF may subscribe for additional securities in order to maintain its then percentage ownership interest in the issued and outstanding equity securities of the Company.&nbsp; See the risk factor entitled &#8220;</FONT><U><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Obligations under the Amended and Restated Shareholders Agreement</FONT></U><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">.&#8221;&nbsp;</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 27pt; MARGIN: 1pt 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">10.2.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Variation of Rights</FONT></B></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">We may issue more than one class of shares and more than one series of shares in each class.&nbsp; The rights attached to any class of shares may be altered or abrogated either:</FONT></P>
<P style="TEXT-INDENT: -17pt; MARGIN: 0cm 0cm 15pt 37pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; with the consent in writing of the holders of more than fifty percent of the issued shares of that class; or</FONT></P>
<P style="TEXT-INDENT: -17pt; MARGIN: 0cm 0cm 15pt 37pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; pursuant to a resolution of the holders of such shares.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Bye-Laws provide that the necessary quorum shall be two or more persons present in person or by proxy holding shares of the relevant class.&nbsp; The Bye-Laws specify that the creation or issuance of shares ranking pari passu with existing shares will not, subject to any statement to the contrary in the terms of issuance of those shares or rights attached to those shares, vary the special rights attached to existing shares.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 27pt; MARGIN: 1pt 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">10.2.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer of Common Shares</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Subject to the &#8220;Transfer Restrictions&#8221; section below, a shareholder may transfer title to all or any of his shares by completing an instrument of transfer in the usual common form or in such other form as the Board of Directors may approve.&nbsp; The form of transfer is required to be signed by or on behalf of the transferor and also the transferee where any share is not fully paid.&nbsp; The transferor shall be deemed to remain the holder of the shares until the name of the transferee is entered in the Register of Members.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 27pt; MARGIN: 1pt 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">10.2.10&nbsp;&nbsp;&nbsp; Transfer Restrictions</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Board of Directors may, in its absolute discretion and without assigning any reason therefore, decline to register any transfer of any share which is not a fully paid share.&nbsp; The Board of Directors may also refuse to register an instrument of transfer of a share unless the instrument of transfer:</FONT></P>
<P style="TEXT-INDENT: -17pt; MARGIN: 0cm 0cm 15pt 37pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; is duly stamped, if required by law, and lodged with us;</FONT></P>
<P style="TEXT-INDENT: -17pt; MARGIN: 0cm 0cm 15pt 37pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; is accompanied by the relevant share certificate and such other evidence of the transferor&#8217;s right to make the transfer as the Board of Directors shall reasonably require;</FONT></P>
<P style="TEXT-INDENT: -17pt; MARGIN: 0cm 0cm 15pt 37pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; is in respect of one class of shares; and</FONT></P>
<P style="TEXT-INDENT: -17pt; MARGIN: 0cm 0cm 15pt 37pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; has obtained, where applicable, permission of the Bermuda Monetary Authority.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Our Common Shares are traded on the </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">NASDAQ&nbsp;</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Stock Market, Inc. as of April 2011, which qualifies as an &#8220;appointed stock exchange&#8221; for purposes of the Companies Act and the Bermuda Exchange Control Act and regulations made thereunder, in particular a notice to the public dated 1 June 2005. Accordingly, our Common Shares benefit from a general permission for free transferability for all transfers between persons who are not resident in Bermuda for exchange control purposes, for as long as such Common Shares remain listed on an appointed stock exchange.&nbsp; </FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company, PEWC and COF (as successor-in-interest to SOF), are parties to the Amended and Restated Shareholders Agreement which provides, among other things, for certain transfer restrictions, notice requirements and tag-along rights in the event PEWC wishes to transfer any of its Common Shares in certain types of transactions. </FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 27pt; MARGIN: 1pt 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">10.2.11&nbsp;&nbsp;&nbsp; Transmission of Shares</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">In the event of the death of a shareholder, the survivor or survivors, where the deceased shareholder was a joint holder, and the estate representative, where the deceased shareholder was sole holder, shall be the only persons recognized by us as having any title to the shares of the deceased.&nbsp; &#8220;Estate representative&#8221; means the person to whom probate or letters of administration has or have been granted in Bermuda, or failing any such person, such other person as the Board of Directors may in its absolute discretion determine to be the person recognized by us for this purpose.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 27pt; MARGIN: 1pt 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">10.2.12&nbsp;&nbsp;&nbsp; Disclosure of Interests</FONT></B></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Under the Companies Act, a director who has an interest in a material contract or a proposed material contract, or a 10% or more interest (directly or indirectly) in an entity that is interested in a contract or proposed contract or arrangement with us, is obligated to declare the nature of such interest at the first opportunity at a meeting of the Board of Directors, or by writing to the Board of Directors.&nbsp; If the director has complied with the relevant sections of the Companies Act and the Bye-Laws with respect to the disclosure of his interest, the director may vote at a meeting of the Board of Directors or a committee thereof on a contract, transaction or arrangement in which that director is interested, in which case his vote shall be counted and he shall be taken into account in ascertaining whether a quorum is present.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 27pt; MARGIN: 1pt 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">10.2.13&nbsp;&nbsp;&nbsp; Rights in Liquidation</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Under Bermuda law, in the event of liquidation or winding-up of a company, after satisfaction in full of all claims of creditors and subject to the preferential rights accorded to any series of preferred stock, the proceeds of such liquidation or winding-up are distributed among the holders of shares in accordance with a company&#8217;s bye-laws.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Under our Bye-Laws, if we are wound up, the liquidator may, pursuant to a resolution of the shareholders and any approval required by the Companies Act, divide among the shareholders in cash or other assets the whole or part of our assets, whether such assets shall consist of property of the same kind or not, and may for such purposes set such values as such liquidator deems fair upon any property to be divided and may determine how such division shall be carried out as between the shareholders.</FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 27pt; MARGIN: 1pt 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">10.2.14&nbsp;&nbsp;&nbsp; Meetings of Shareholders</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Under Bermuda law, a company, unless it elects to dispense with the holding of annual general meetings, is required to convene at least one general meeting per calendar year.&nbsp; The directors of a company, notwithstanding anything in such company&#8217;s bye-laws, shall, on the requisition of the shareholders holding at the date of the deposit of the requisition not less than one-tenth of the paid-up capital of the company carrying the right of vote, duly convene a special general meeting.&nbsp; Our Bye-Laws provide that the Board of Directors may, whenever it thinks fit, convene a special general meeting.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Bermuda law requires that shareholders be given at least five days&#8217; notice of a meeting of the Company.&nbsp; Our Bye-Laws extend this period to provide that not less than 20 days&#8217; written notice of a general meeting must be given to those shareholders entitled to receive such notice.&nbsp; The accidental omission to give notice to or non-receipt of a notice of a meeting by any person does not invalidate the proceedings of a meeting.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Our Bye-Laws state that no business can be transacted at a general meeting unless a quorum of at least two shareholders representing a majority of the issued shares of the Company are present in person or by proxy and entitled to vote.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Under our Bye-Laws, notice to any shareholders may be delivered either personally or by sending it through the post, by airmail where applicable, in a pre-paid letter addressed to the shareholder at his address as appearing in the share register or by delivering it to, or leaving it at, such registered address.&nbsp; Any notice sent by post shall be deemed to have been served seven (7) days after dispatch.&nbsp; A notice of a general meeting is deemed to be duly given to the shareholder if it is sent to him by cable, telex or tele-copier or other mode of representing or reproducing words in a legible and non-transitory form and such notice shall be deemed to have been served twenty-four (24) hours after its dispatch.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 27pt; MARGIN: 1pt 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">10.2.15&nbsp;&nbsp;&nbsp; Access to Books and Records and Dissemination of Information</FONT></B></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Under Bermuda law, members of the general public have the right to inspect the public documents of a company available at the office of the Bermuda Registrar of Companies.&nbsp; These documents include the memorandum of association and any amendment to the memorandum of association.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Under Bermuda law, the minutes of shareholder meetings will be open for inspection by any shareholder or director without charge for not less than two hours during business hours each day, subject to any reasonable restrictions that we may impose.&nbsp; The shareholders shall be entitled to receive a copy of every balance sheet and statement of income and expenditure before a general meeting as required under the Bye-Laws.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Under our Bye-Laws, unless the Board otherwise determines, the register of shareholders of the Company is required to be open for inspection between 10:00 a.m. and 12:00 noon each working day without charge to members of the general public.&nbsp; A company is required to maintain its share register in Bermuda but may, subject to the provisions of the Companies Act, establish a branch register outside of Bermuda.&nbsp; We have established a branch register with our transfer agent, Computershare Limited, which is based in Jersey City, New Jersey.&nbsp; </FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Under Bermuda Law, a company is required to keep at its registered office a register of its directors and officers that is open for inspection for not less than two hours in each day by members of the public without charge.&nbsp; Under our Bye-Laws, the register of directors and officers is available for inspection by the public between 10:00 a.m. and 12:00 noon every working day.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Bermuda law does not provide a general right for shareholders to inspect or obtain copies of any other corporate records, except for the Bye-Laws of the Company.</FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 27pt; MARGIN: 1pt 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">10.2.16&nbsp;&nbsp;&nbsp; Election or Removal of Directors</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Bye-Laws provide that the number of directors will be such number, not less than two, as our shareholders by resolution may from time to time determine.&nbsp; A director will serve until re-elected or his successor is appointed at the next annual general meeting or his prior removal in the manner provided by the Companies Act or the Bye-Laws.&nbsp; There is no requirement under Bermuda law, the Company&#8217;s memorandum of association or its Bye-Laws that a majority of the Company&#8217;s directors be independent.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Bye-Laws provide that each director shall have one vote on all matters presented to the Board for a vote.&nbsp; At the Annual General Meeting held on October 5, 2012, all nine directors then in office were re-elected.&nbsp;&nbsp;&nbsp; </FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The shareholders may by resolution determine that one or more vacancies in the Board of Directors shall be deemed casual vacancies for the purposes of the Bye-Laws.&nbsp; The Board, so long as a quorum of directors remains in office, shall have the power at any time and from time to time to appoint any individual to be a director so as to fill a casual vacancy.&nbsp; The shareholders may approve the appointment of alternate directors or may authorize the Board to appoint them.&nbsp; Directors may also appoint and remove their own alternates. At the Annual General Meeting held on October 5, 2012, the shareholders approved the reservation of one directorship as a casual vacancy.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">We may, in a special general meeting called for this purpose, remove a director, provided notice of such meeting is served upon the director concerned not less than fourteen days before the meeting and he shall be entitled to be heard at that meeting.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The office of a director will be vacated in the event of any of the following:</FONT></P>
<P style="TEXT-INDENT: -17pt; MARGIN: 0cm 0cm 15pt 37pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; if he resigns his office by notice in writing to be delivered to our registered office or tendered at a meeting of the Board of Directors;</FONT></P>
<P style="TEXT-INDENT: -17pt; MARGIN: 0cm 0cm 15pt 37pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; if he becomes of unsound mind or a patient for any purpose under any statute or applicable law relating to mental health and the Board of Directors resolves that his office is vacated;</FONT></P>
<P style="TEXT-INDENT: -17pt; MARGIN: 0cm 0cm 15pt 37pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; if he becomes bankrupt or enters into a general settlement with his creditors;</FONT></P>
<P style="TEXT-INDENT: -17pt; MARGIN: 0cm 0cm 15pt 37pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; if he is prohibited by law from being a director; or</FONT></P>
<P style="TEXT-INDENT: -17pt; MARGIN: 0cm 0cm 15pt 37pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; if he ceases to be a director by virtue of the Companies Act or is removed from office pursuant to the Bye-Laws.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 27pt; MARGIN: 1pt 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">10.2.17&nbsp;&nbsp;&nbsp; Amendment of Memorandum of Association and Bye-Laws</FONT></B></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Bermuda law provides that the memorandum of association of a company may be amended by resolution passed at a general meeting of which due notice has been given.&nbsp; An amendment to a memorandum of association does not require the consent of the Minister of Finance save for specific circumstances, for example, the adopting of any authority to carry on restricted business activities.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Under Bermuda law, the holders of:</FONT></P>
<P style="TEXT-INDENT: -17pt; MARGIN: 0cm 0cm 15pt 37pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; an aggregate of not less than twenty percent in par value of a company&#8217;s issued share capital or any class thereof; or</FONT></P>
<P style="TEXT-INDENT: -17pt; MARGIN: 0cm 0cm 15pt 37pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; not less in the aggregate than twenty percent of the company&#8217;s debentures entitled to object to amendments to its memorandum of association,</FONT></P>
<P style="MARGIN: 0cm 0cm 15pt 37pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">have the right to apply to the Supreme Court of Bermuda for an annulment of any amendment of the memorandum of association.&nbsp; Where such an application is made, the amendment becomes effective only to the extent that it is confirmed by the Bermuda Supreme Court.&nbsp; An application for an annulment of an amendment of the memorandum of association must be made within twenty-one days after the date on which the resolution amending the memorandum of association is passed and may be made on behalf of the persons entitled to make the application by one or more of their number as they may appoint in writing for the purpose.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Our Bye-Laws may be amended in the manner provided for in the Companies Act, which provides that the directors may amend the Bye-Laws, provided that any such amendment shall be effective only to the extent approved by the shareholders.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 27pt; MARGIN: 1pt 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">10.2.18&nbsp;&nbsp;&nbsp; Merger or Amalgamation</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Companies Act provides that two or more Bermuda companies may merge and their undertaking, property and liabilities shall vest in one of such companies as the surviving company (referred to as a &#8220;merger&#8221; under Bermuda law). The Companies Act also provides that a Bermuda company may amalgamate with another company and continue as an amalgamated company (referred to as an &#8220;amalgamation&#8221; under Bermuda law). A merger or amalgamation requires a merger or amalgamation agreement which must be approved by the board of directors and at a meeting of the shareholders by seventy-five percent of the shareholders present and entitled to vote at such meeting in respect of which the quorum shall be two persons holding or representing by proxy more than one-third of the issued shares of the company.&nbsp; These provisions do not apply where a holding company is merging or amalgamating with one or more of its wholly-owned subsidiaries or where two or more wholly-owned companies of the same holding company are merging or amalgamating.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Under Bermuda law, in the event of a merger or an amalgamation of a Bermuda company, a shareholder who did not vote in favor of the transaction and who is not satisfied that fair value has been offered for the shares, may apply to the Supreme Court of Bermuda within one month of notice of the meeting of shareholders to appraise the fair value of those shares.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 27pt; MARGIN: 1pt 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">10.2.19&nbsp;&nbsp;&nbsp; Class Actions and Derivative Actions</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Class actions, as they are commonly understood in the United States, are not available to shareholders under Bermuda law.&nbsp; Derivative actions are generally only available to shareholders under Bermuda law in very limited circumstances.&nbsp; A shareholder may commence an action in the name of a company to remedy a wrong done to the company where the wrongdoers are in control of the company and the act complained of is of a fraudulent character, oppressive, beyond the corporate power of the company, illegal or would have required the approval of a greater percentage of the company&#8217;s shareholders than those that actually approved it.&nbsp; A shareholder may not commence such an action where the wrong complained of is capable of ratification by the company in a general meeting by ordinary resolution.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">When one or more shareholders believes the affairs of a company are being conducted in a manner which is oppressive or prejudicial to the interest of some of the shareholders, the Supreme Court of Bermuda, upon petition, may make such order as it sees fit, including an order regulating the conduct of the company&#8217;s affairs in the future or ordering the purchase of the shares of any shareholders by other shareholders or by the company, and in the case of a purchase of the shares by the company, for the reduction accordingly of the company&#8217;s capital or otherwise.</FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 27pt; MARGIN: 1pt 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">10.2.20&nbsp;&nbsp;&nbsp; Personal Liability of Directors and Indemnity</FONT></B></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Companies Act requires every officer, including directors, of a company in exercising powers and discharging duties, to act honestly in good faith with a view to the best interests of the company, and to exercise the care, diligence and skill that a reasonably prudent person would exercise in comparable circumstances.&nbsp; The Companies Act further provides that any provision, whether in the bye-laws of a company or in any contract between the company and any officer or any person employed by the company as auditor, exempting such officer or person from liability, or indemnifying him against any liability which by virtue of any rule of law would otherwise attach to him, in respect of any fraud or dishonesty of which he may be guilty in relation to the company, shall be void.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Every director, officer and committee member shall be indemnified out of our funds against all civil liabilities, loss, damage or expense including liabilities under contract, tort and statute or any applicable foreign law or regulation and all reasonable legal and other costs and expenses properly payable, incurred or suffered by him as director, officer or committee member; provided that the indemnity contained in the Bye-Laws will not extend to any matter which would render it void under the Companies Act as discussed above.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">We have been designated by the Bermuda Monetary Authority as a non-resident under the Exchange Control Act of 1972 (the &#8220;Exchange Control Act&#8221;).&nbsp; This designation allows us to engage in transactions in currencies other than the Bermuda dollar.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The transfer of Common Shares between persons regarded as resident outside Bermuda for exchange control purposes and the issue of Common Shares to such persons may be effected without specific consent under the Exchange Control Act and regulations thereunder, provided the Common Shares are listed on an appointed stock exchange.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&nbsp;Notwithstanding the recording of any special capacity, we are not bound to investigate or incur any responsibility in respect of the proper administration of any estate or trust.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">We will take no notice of any trust applicable to any of our Common Shares whether or not we had notice of such trust.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">As an &#8220;exempted company,&#8221; we are exempt from Bermuda laws which restrict the percentage of share capital that may be held by non-Bermudians.&nbsp; However, as an exempted company we may not participate in certain designated business transactions, which we do not consider relevant to our present or planned business activities.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">10.3&#8195;Material Contracts</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Composite Services Agreement (&#8220;CSA&#8221;)</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company engages in transactions in the ordinary course of business with PEWC, including the purchase of certain raw materials and the distribution of PEWC products in various countries in the Asia Pacific region.&nbsp; The Company and PEWC are parties to a composite services agreement dated November 7, 1996 (the &#8220;Composite Services Agreement&#8221; or &#8220;CSA&#8221;), which the Company has renewed annually, at its option.&nbsp; The Composite Services Agreement contains provisions that define the relationship and the conduct of the respective businesses of the Company and PEWC and confers certain preferential benefits on the Company.&nbsp; In 2011 there were no material changes to the CSA between APWC and PEWC.&nbsp; Pursuant to the Composite Services Agreement, </FONT></P>
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<P style="TEXT-INDENT: -17pt; MARGIN: 0cm 0cm 15pt 37pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; PEWC agrees to (a) sell copper rod to the Company, upon the Company&#8217;s request, (i) at a price consisting of the spot price of copper on the LME plus an agreed upon premium and (ii) at prices and on terms at least as favorable as PEWC provides copper rod to other purchasers of similar amounts of copper rod in the same markets, and (b) give priority in the supply of copper rod to the Company over other purchasers of copper rod from PEWC.</FONT></P>
<P style="TEXT-INDENT: -17pt; MARGIN: 0cm 0cm 15pt 37pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; The Company has the right to distribute any wire or cable product manufactured by PEWC in all markets in which the Company presently distributes or develops the capability to distribute in the future such products on such terms as have historically been in effect or on terms at least as favorable as PEWC grants to third parties that distribute such products in such markets.&nbsp; However, PEWC is not required to grant to the Company the right to distribute products manufactured by PEWC in the future in markets where the Company does not currently have the capability to distribute unless and until PEWC has no pre-existing contractual rights which would conflict with the grant of such right to the Company.</FONT></P>
<P style="TEXT-INDENT: -17pt; MARGIN: 0cm 0cm 15pt 37pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; Each of PEWC and the Company will notify the other party prior to entering into any negotiations with a third party concerning the establishment of any facility or similar venture to manufacture or distribute any wire or cable product outside of the markets where the Company currently manufactures or distributes, or intends to develop the capability to manufacture or distribute, any wire or cable product.&nbsp; Unless the Company and PEWC mutually agree otherwise, the Company has the right of first refusal to enter into any definitive agreement with such third party.&nbsp; If, however, such third party would not agree to the substitution of the Company for PEWC or such substitution would prevent the successful completion of the facility or venture, PEWC has agreed to arrange for the Company to participate to the extent possible.</FONT></P>
<P style="TEXT-INDENT: -17pt; MARGIN: 0cm 0cm 15pt 37pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; PEWC agrees to make available to the Company, upon the Company&#8217;s request and on terms to be mutually agreed between PEWC and the Company from time to time, certain services with respect to the design and manufacture of wire and cable products, computerization, inventory control, purchasing, internal auditing, quality control, emergency back-up services, and recruitment and training of personnel; such services may include the training of the Company&#8217;s employees and managers at PEWC facilities and the secondment of PEWC employees and managers to the Company.</FONT></P>
<P style="TEXT-INDENT: -17pt; MARGIN: 0cm 0cm 15pt 37pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; Without the consent of the Company, PEWC will not compete with respect to the manufacture or distribution of wire and cable products in any market in which the Company is manufacturing or has taken significant steps to commence manufacturing.</FONT></P>
<P style="TEXT-INDENT: -17pt; MARGIN: 0cm 0cm 15pt 37pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp;&nbsp; For purposes of the Composite Services Agreement, each province in China is considered the equivalent of a country.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">To the extent that transactions occur in the future between the Company and PEWC or affiliates of PEWC other than under the Composite Services Agreement, such transactions will be entered into on an arm&#8217;s length basis on terms no less favorable than those available from unaffiliated third parties.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Amended and Restated Shareholders Agreement</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">In connection with the 2007 acquisition by SOF of twenty percent (20%) of the Company&#8217;s issued and outstanding Common Shares, the Company, PEWC and SOF entered into Shareholders Agreement, pursuant to which the Company granted to SOF certain rights and protections.&nbsp; Under the Shareholders Agreement, the Company agreed to indemnify the SOF Indemnified Persons (as defined in the Shareholders Agreement) for any additional taxes, interest, penalties and other costs that might be imposed upon or incurred by the SOF Indemnified Persons in the event that the Company is determined by the IRS to be a &#8220;controlled foreign corporation&#8221; (a &#8220;CFC&#8221;) or a &#8220;passive foreign investment company&#8221; (a &#8220;PFIC&#8221;) as such terms are interpreted <FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">and defined under IRS rules or regulations.&nbsp; In addition, under the Shareholders Agreement, the Company granted to SOF certain registration rights with respect to the Common Shares owned by it, including the undertaking by the Company to prepare and file a shelf registration statement, and the further right of SOF to exercise two demand registration rights with regard to its Common Shares and to further exercise certain piggyback registration rights in connection with its Common Shares.&nbsp; The Shareholders Agreement was amended and restated on March 27, 2009 in connection with the sale by SOF to PEWC of 51% of the Common Shares held by SOF.&nbsp; However, the foregoing rights of SOF have been preserved in the Amended and Restated Shareholders Agreement notwithstanding its sale of 51% of its original interest in APWC.&nbsp; </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">As of July 1, 2011, COF succeeded to all of the right, title and interest in the Common Shares then held by SOF. Each of the rights of SOF under the Shareholders Agreement was conveyed to, and is now held by, COF.&nbsp; For a further description of the Company&#8217;s obligations under the Shareholders Agreement, see the risk factor entitled</FONT><U><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"> &#8220;Obligations under Amended and Restated Shareholders Agreement</FONT></U><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">.&#8221;&nbsp;</FONT></FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">10.4 Taxation</FONT></B></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The following is a summary of the material tax consequences of the acquisition, ownership and disposition of Common Shares based on the tax laws of the United States and Bermuda, subject to the assumptions, qualifications and limitations in our discussion below.&nbsp; Such summary is subject to changes in United States and Bermuda law, including changes that could have retroactive effect.&nbsp; The following summary does not take into account the individual circumstances of an investor, nor does it purport to be a complete technical analysis or examination of all potential tax effects relevant to a decision to purchase Common Shares, including without limitation, the tax laws of the various states or localities within the United States.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 21.3pt; MARGIN: 1pt 0cm 15pt 12pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">10.4.1 United States Taxation </FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The following is a summary of the material United States federal income tax consequences of the acquisition, ownership and disposition of Common Shares by a U.S. Holder (as defined below) and a Non-U.S. Holder (as defined below), in each case, subject to the assumptions, qualifications and limitations in our discussion below.&nbsp; Such summary is subject to changes in United States law, including changes that could have retroactive effect.&nbsp; The summary does not purport to be a comprehensive description of all possible tax considerations that may be relevant to a decision to purchase Common Shares.&nbsp; This summary is based upon the Internal Revenue Code of 1986, as amended (the &#8220;Code&#8221;), regulations promulgated under the Code by the U.S. Treasury Department (the &#8220;Treasury&#8221;) (including proposed and temporary regulations), rulings, current administrative interpretations and official pronouncements of the IRS, and judicial decisions, all as currently in effect and all of which are subject to differing interpretations or to change, possibly with retroactive effect.&nbsp; Such change could materially and adversely affect the tax consequences described below.&nbsp; No assurance can be given that the IRS would not assert, or that a court would not sustain, a position contrary to any of the tax consequences described below.&nbsp; Further, this summary does not discuss any foreign, state or local tax consequences.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">In particular, this summary deals only with Common Shares held as capital assets and does not address the United States tax treatment of U.S. Holders and Non-U.S. Holders that are subject to special treatment under the Code, such as dealers in stocks, securities, or currencies, traders in securities that elect to use a mark-to-market method of accounting for their securities holdings, financial institutions, insurance companies, tax-exempt entities, real estate investment trusts, regulated investment companies, qualified retirement plans, individual retirement accounts, and other tax deferred accounts, expatriates of the United States, persons subject to the alternative minimum tax, persons holding shares as part of a hedging or conversion transaction or a straddle, or other integrated transaction, persons who acquired Common Shares pursuant to the exercise of any employee stock option or otherwise as compensation for services, or persons whose functional currency is not the United States dollar or who own (directly, indirectly or by attribution) 10% or more of the stock of the Company.&nbsp; This discussion is limited to investors who hold their shares as capital assets.&nbsp; No ruling has been or will be sought from the IRS regarding any matter discussed herein.&nbsp; Counsel to the Company has not rendered any legal opinion regarding any tax consequences to the Company or others of an investment in the Company.&nbsp;<FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Consequently, prospective purchasers who are U.S. Holders or Non-U.S. Holders are advised to satisfy themselves as to the overall United States federal, state, local and foreign tax consequences of their acquisition, ownership and disposition of Common Shares by consulting their own tax advisors.</FONT> </FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">As used herein, the term &#8220;U.S. Holder&#8221; means a beneficial owner of Common Shares that is (i) a citizen or resident of the United States, (ii) a corporation (including any entity treated as a corporation for U.S. federal income tax purposes) created or organized in the United States or under the laws of the United States or any state (or the District of Columbia), (iii) an estate, the income of which is subject to United States federal income tax regardless of its source, or (iv) a trust, if a court within the United States is able to exercise primary supervision over the administration of the trust and one or more &#8220;United States persons&#8221; (as defined in Section 7701(a)(30) of the Code) has the authority to control all substantial decisions of the trust, or, to the extent provided in the Regulations, certain trusts in existence on August 20, 1996, and treated as U.S. Persons prior to such date, that elect to be treated as U.S. Persons.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The term &#8220;Non-U.S. Holder&#8221; means a beneficial owner of Common Shares that is not a U.S. Holder.&nbsp; As described in &#8220;Taxation of Non-U.S. Holders&#8221; below, the consequences to a Non-U.S. Holder may differ substantially from the tax consequences to a U.S. Holder.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">If a partnership (including for this purpose any entity treated as a partnership for U.S. federal income tax purposes) is a beneficial owner of Common Shares, the U.S. federal income tax consequences to a partner in the partnership will generally depend on the status of the partner and the activities of the partnership.&nbsp; A holder of Common Shares that is a partnership and the partners in such partnership should consult their own tax advisors regarding the U.S. federal income tax consequences of the ownership and disposition of Common Shares.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">U.S. Federal Income Taxation of the Company</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company expects that it will be treated as a foreign corporation for U.S. federal income tax purposes, and it will make no election to the contrary.&nbsp; As a foreign corporation, subject to the rules discussed below, the income, gains, losses, deductions and expenses of the Company will not be passed through to the investors, and all distributions by the Company to the investors will be treated as dividends, return of capital, and/or capital gains.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company currently does not conduct activities in the United States and expects that it will continue to conduct activities in a manner so as not to constitute the conduct of a trade or business in the United States or, invest in securities the income from which is treated, for U.S. federal income tax purposes, as arising from a U.S. trade or business.&nbsp; As a result, the income of the Company generally should not be subject to U.S. federal income tax on a net income basis.&nbsp; However, gains realized from certain investments in United States real property interests by foreign persons, such as the Company, may be subject to U.S. federal income tax on a net basis, withholding tax and a branch profits tax.&nbsp; Debt instruments with an equity component linked to a United States real property interest and stock in certain United States corporations holding significant real property interests may be considered United States real property interests taxable as described above.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Taxation of U.S. Holders</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The discussion in &#8220;Taxation of Dividends&#8221; and &#8220;Taxation of Capital Gains&#8221; below assumes that the Company will not be treated as a PFIC for U.S. federal income tax purposes.&nbsp; For a discussion of the rules that apply if the Company is treated as a PFIC, see the discussion in &#8220;Passive Foreign Investment Company&#8221; below.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company has never declared or paid any cash dividends and does not presently anticipate paying dividends.&nbsp; A U.S. Holder receiving a distribution with respect to Common Shares generally will be required to include such distribution in gross income (as ordinary income subject to regular, and not reduced, tax rates) on the day received as foreign-source dividend income to the extent such distribution is paid from the Company&#8217;s current or accumulated earnings and profits (as determined under United States federal income tax principles).&nbsp; Such dividends will not be eligible for the dividends received deduction (generally allowed to certain United States corporations in respect of dividends received from United States corporations).&nbsp; U.S. Holders that are corporations and directly own 10% or more of the voting stock of the Company may be entitled to claim a foreign tax credit for United States federal income tax purposes in respect of foreign taxes paid by the Company and certain subsidiaries. However, if a U.S. Holder claims the foreign tax credit, it must &#8220;gross-up&#8221; the deemed tax payment and treat the grossed-up amount as part of the dividend distribution, so that the amount included in income is equal to the dividend received plus the amount of the foreign tax deemed paid by such U.S. Holder.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Under U.S. federal income tax laws, </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">a dividend paid to an individual U.S. shareholder from either a domestic corporation or a &#8220;qualified foreign corporation&#8221; is subject to tax at the reduced rates applicable to certain capital gains.&nbsp; A qualified foreign corporation includes certain foreign corporations that are eligible for benefits of a comprehensive income tax treaty with the United States which the Secretary of the Treasury determines is satisfactory for purposes of this provision and which includes an exchange of information program.&nbsp; In addition, a foreign corporation not otherwise treated as a qualified foreign corporation is so treated with respect to any dividend it pays if the stock with respect to which it pays such dividend is readily tradable on an established securities market in the United States.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">In the absence of a comprehensive income tax treaty between the United States and Bermuda, the Company will not be treated as a &#8220;qualified foreign corporation&#8221; under the treaty test.&nbsp; So long as the Company is not a PFIC (as discussed below), dividends paid by the Company to individual shareholders would qualify for these reduced rates if its stock was treated as readily tradable on an established securities market in the United States.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">In Notice 2003-71, 2003-2 C.B. 922, the IRS determined that common or ordinary stock, or an American depositary receipt in respect of such stock, is considered readily tradable on an established securities market in the United States if it is listed on a national securities exchange that is registered under Section 6 of the Securities Exchange Act of 1934 (15 U.S.C. 78f) or on the Nasdaq Stock Market.&nbsp; As stated in the SEC&#8217;s Annual Report for 2002, registered national exchanges as of September 30, 2002 include the American Stock Exchange (now known as </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">NYSE Amex Equities</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">), the Boston Stock Exchange, the Cincinnati Stock Exchange, the Chicago Stock Exchange, the NYSE, the Philadelphia Stock Exchange, and the Pacific Exchange, Inc.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">For so long as the Common Shares continue to be traded on NASDAQ, or are readily tradable on any other established securities market in the United States, any dividends paid by the Company should qualify for the reduced rates referred to above so long as they remain in effect.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">To the extent any distribution exceeds the current and accumulated earnings and profits of the Company for a taxable year, the distribution will be treated as a non-taxable return of capital to the extent of the U.S. Holder&#8217;s adjusted tax basis in the Common Shares with respect to which the distribution is made, causing a reduction in the adjusted basis of the Common Shares (thereby increasing the amount of gain, or decreasing the amount of loss, to be recognized by the U.S. Holder on a subsequent disposition of the Common Shares).&nbsp; To the extent such distribution exceeds the U.S. Holder&#8217;s adjusted tax basis in the Common Shares, such excess will be treated as capital gain.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Taxation of Capital Gains</FONT></I></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">A U.S. Holder will recognize taxable gain or loss on any sale, exchange or other disposition of Common Shares (including a liquidation, dissolution or as a result of a non-pro rata redemption of Common Shares that <FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">qualified for treatment as a sale or exchange for United States federal income tax purposes) in an amount equal to the difference between the amount realized for the Common Shares and the U.S. Holder&#8217;s adjusted tax basis in the Common Shares.&nbsp; Such gain or loss generally will be treated as capital gain or loss and will be long-term capital gain or loss if the Common Shares have been held for more than one year on the date of the sale, exchange or other disposition thereof, and will be short-term capital gain or loss if the Common Shares have been held for one year or less on the date of the sale or exchange thereof.&nbsp; Any gain recognized by a U.S. Holder generally will be treated as United States source income.&nbsp; In general, an individual&#8217;s short-term capital gains are taxable as ordinary income and an individual&#8217;s long-term capital gains are subject to U.S. federal income tax at preferential rates.&nbsp; </FONT></FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Long-term capital gains of corporations generally are subject to the U.S. federal income tax at a current maximum marginal rate of 35%.&nbsp; Short-term capital gain generally is taxable at ordinary income rates.&nbsp; Although capital gains of corporations currently are taxed at the same rates as ordinary income, the distinction between capital gain and ordinary income or loss is relevant for purposes of, among other things, limitations on the deductibility of capital losses.&nbsp; Corporations may deduct capital losses only to the extent of capital gains and generally may carry back capital losses to each of the preceding three years and carry forward capital losses to each of the succeeding five years.&nbsp; Individuals may deduct capital losses to the extent of capital gains plus up to $3,000 ($1,500 for married individuals filing separate returns) and may carry forward capital losses indefinitely.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Backup Withholding</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">In general, information reporting requirements may be applicable to dividend payments (or other taxable distributions) made in respect of Common Shares to non-corporate U.S. Holders, and &#8220;backup withholding&#8221; at the rate of 28% will apply to such payments (i) if the holder or beneficial owner fails to provide a taxpayer identification number in the manner required by U.S. law and applicable regulations, (ii) if the IRS notifies the payor that the taxpayer identification number furnished by the holder or beneficial owner is incorrect, (iii) if there has been notification from the IRS of a failure by the holder or beneficial owner to report all interest or dividends required to be shown on its United States federal income tax returns or (iv) in certain circumstances, if the holder or beneficial owner fails to comply with applicable certification requirements.&nbsp; In general, payment of the proceeds from a sale of Common Shares to or through a United States office of a broker is subject to both United States backup withholding and information reporting unless the holder or beneficial owner establishes an exemption.&nbsp; U.S. Holders who are required to establish their exempt status generally must provide such certification on IRS Form W-9.&nbsp; Amounts withheld under the backup withholding rules may be credited against a holder&#8217;s tax liability, and a holder may obtain a refund of any excess amounts withheld under the backup withholding rules by timely filing the appropriate claim for refund with the IRS.&nbsp; Payment of the proceeds from the sale of Common Shares effected outside the United States by a foreign office of certain United States connected brokers will not be subject to backup withholding tax but will be subject to information reporting requirements unless the broker has documentary evidence in its records that the beneficial owner is a non-U.S. Holder and has no actual knowledge to the contrary, or the beneficial owner otherwise establishes an exemption.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Passive Foreign Investment Company</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">In general, the Company will be treated as a PFIC for United States federal income tax purposes for any taxable year if either (i) at least 75% of the gross income of the Company is passive income or (ii) at least 50% of the value (determined on the basis of a quarterly average) of the Company&#8217;s assets is attributable to assets that produce or are held for the production of passive income.&nbsp; The Company believes, based on its current operations and assets, that it is not a PFIC and does not expect to become a PFIC in the future.&nbsp; This conclusion is a factual determination based on, among other things, a valuation of the Company&#8217;s assets, which will likely change from time to time.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">If the Company were a PFIC for any taxable year during which a U.S. Holder held Common Shares, the U.S. Holder would be subject to special tax rules with respect to (i) any &#8220;excess distribution&#8221; by the Company to the U.S. Holder (generally any distribution received by the U.S. Holder in a taxable year that is greater than 125% of the average annual distribution received by the U.S. Holder in the three preceding taxable years, or the U.S. Holder&#8217;s holding period for the Common Shares, if shorter) and (ii) any gain realized on the sale or other disposition (including a pledge) of Common Shares.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Under these special tax rules, (i) the excess distribution or gain would be allocated ratably over the U.S. Holder&#8217;s holding period for the Common Shares, (ii) the amount allocated to the U.S. Holder&#8217;s current taxable year and to any period prior to the first taxable year in which the Company was a PFIC would be includible as ordinary income in the U.S. Holder&#8217;s current taxable year and (iii) the amount allocated to a prior year during which the Company was a PFIC would be subject to tax at the highest tax rate in effect for that year, and an interest charge would also be imposed with respect to the resulting tax attributable to each such prior year.&nbsp; The interest charge is computed using the applicable rates imposed on underpayments of United States federal income tax for the relevant periods.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The above rules will not apply if a &#8220;mark-to-market&#8221; election is available and a U.S. Holder validly makes such an election by filing a properly completed IRS Form 8621.&nbsp; If such election were made, a U.S. Holder generally would be required to take into account the difference, if any, between the fair market value and its adjusted tax basis in the Common Shares at the end of each taxable year as ordinary income or ordinary loss (to the extent of any net mark-to-market gains previously included in income). Thus, the U.S. Holder may recognize taxable income without receiving any cash to pay its tax liability with respect to such income.&nbsp;&nbsp; A U.S. Holder&#8217;s tax basis in the Common Shares would be adjusted to reflect any such income or loss amount.&nbsp; In addition, any gain from a sale, exchange or other disposition of the Common Shares would be treated as ordinary income, and any loss would be treated as ordinary loss (to the extent of any net mark-to-market gains previously included in income).&nbsp; A mark-to-market election is available to a U.S. Holder only if the Common Shares are considered &#8220;marketable stock&#8221; for these purposes.&nbsp; Generally, shares of a PFIC will be considered marketable stock if they are &#8220;regularly traded&#8221; on a &#8220;qualified exchange&#8221; within the meaning of applicable U.S. Treasury regulations.&nbsp; A class of shares is regularly traded during any calendar year during which such class of shares is traded, other than in de minimis quantities, on at least 15 days during each calendar quarter.&nbsp; A &#8220;qualified exchange&#8221; is defined to include a national securities exchange registered with the SEC or certain foreign exchanges.&nbsp; As the Common Shares of the Company commenced trading on the NASDAQ beginning on April 29, 2011, the mark-to-market election under the rules discussed above is available if the Company were otherwise classified as a PFIC</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">, for so long as the Common Shares continue to be regularly traded on NASDAQ or another qualified exchange</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">.&nbsp;</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The special tax rules described above will also not apply to a U.S. Holder if the U.S. Holder elects to have the Company treated as a &#8220;qualified electing fund&#8221; (a &#8220;QEF election&#8221;) and the Company provides certain information to U.S. Holders.&nbsp; If the Company is treated as a PFIC, it will notify the U.S. Holders and provide such holders with the information necessary to make an effective QEF election, including information as to the procedures for making such an election.&nbsp; The QEF election is made on a shareholder-by-shareholder basis and can ordinarily be revoked only with the consent of the IRS.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">A U.S. Holder that makes a valid QEF election will be currently taxable on its pro rata share of the Company&#8217;s ordinary earnings and net capital gain (at ordinary income and capital gains rates, respectively) for each taxable year that the Company is classified as a PFIC, regardless of whether distributions are received. &nbsp;Thus, the U.S. Holder may recognize taxable income without receiving any cash to pay its tax liability with respect to such income.&nbsp; The U.S. Holder&#8217;s basis in the Common Shares will be increased to reflect taxed but undistributed income.&nbsp; Distributions of income that have been previously taxed will result in a corresponding reduction of basis in the Common Shares and will not be taxed again as a distribution to the U.S. Holder.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">A U.S. Holder owning Common Shares during any year that the Company is a PFIC must file IRS Form 8621.&nbsp; U.S. Holders should consult their tax advisors concerning the United States federal income tax <FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">consequences of holding Common Shares and of making a mark-to-market or QEF election if the Company is treated as a PFIC in the future.</FONT></FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Controlled Foreign Corporation</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">A non-U.S. corporation generally will be a CFC for U.S. tax purposes if United States shareholders collectively own more than 50 percent of the total combined voting power or total value of the corporation&#8217;s stock on any day during any taxable year.&nbsp; For this purpose, United States shareholders are limited to those U.S. persons who own, directly, indirectly or constructively, 10 percent or more of the total combined voting power of all classes of stock of the non-U.S. corporation.&nbsp; If a corporation is a CFC for an uninterrupted period of 30-days in any tax year, every United States shareholder that owns stock on the last day of the CFC&#8217;s tax year, must include in gross income such shareholder&#8217;s pro rata share of the CFC&#8217;s &#8220;subpart F income&#8221; and income from investments in certain types of U.S. property (i.e., tangible personal property located in the United States, stock of a United States corporation, an obligation of a United States person, or a right to use patents, copyrights, and other similar property in the United States) even if the income has not been distributed to the shareholders in the form of dividends or otherwise.&nbsp; Subpart F income consists of certain specified categories of income including, among others, dividends, interest, rents, royalties, net gains from the sale of property giving rise to such income and income from certain types of transactions involving &#8220;related persons&#8221; as defined for U.S. federal income tax purposes. </FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Taxation of Non-U.S. Holders</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Taxation of Dividends</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Subject to the discussion in &#8220;Backup Withholding&#8221; below, Non-U.S. Holders generally will not be subject to U.S. federal income tax, including withholding tax, on distributions received on Common Shares, unless the distributions are effectively connected with a trade or business conducted in the United States (and, if an applicable income tax treaty so requires, attributable to a permanent establishment maintained in the United States).</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">If distributions are effectively connected with a U.S. trade or business (and, if applicable, attributable to a U.S. permanent establishment), Non-U.S. Holders generally will be subject to tax on such distributions in the same manner as U.S. Holders, as described in &#8220;Taxation of U.S. Holders &#8212; Taxation of Dividends&#8221; above.&nbsp; In addition, any such distributions received by a corporate Non-U.S. Holder may also, under certain circumstances, be subject to an additional &#8220;branch profits tax&#8221; at a 30% rate or such lower rate as may be specified by an applicable income tax treaty.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Taxation of Capital Gains</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Gain realized by Non-U.S. Holders upon the sale or exchange or complete redemption of Common Shares held as a capital asset generally should not be subject to United States federal income tax provided that the gain is not effectively connected with a trade or business conducted in the United States (and, if an applicable tax treaty so requires, attributable to a permanent establishment maintained in the United States).&nbsp; However, in the case of nonresident alien individuals, such gain will be subject to the 30% (or lower tax treaty rate) U.S. flat tax if (i) such person is present in the United States for 183 days or more during the taxable year (on a calendar year basis unless the nonresident alien individual has previously established a different taxable year) and certain other conditions are met; and (ii) such gain is derived from U.S. sources.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Generally, the source of gain upon the sale or exchange or complete redemption of Common Shares is determined by the place of residence of the shareholder.&nbsp; For purposes of determining the source of gain, the Code defines residency in a manner that may result in an individual who is otherwise a nonresident alien with respect to the United States being treated as a United States resident for purposes of determining the source of <FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">income only.&nbsp; Each potential individual investor who anticipates being present in the United States for 183 days or more (in any taxable year) should consult a separate, outside tax advisor with respect to the possible application of this rule.</FONT></FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Special rules may apply in the case of shareholders (i) that have an office or fixed place of business in the United States to which a distribution or gain in respect of the Common Shares is attributable; or (ii) that are former citizens or residents of the United States, CFCs, foreign personal holding companies or corporations that accumulate earnings to avoid United States federal income tax.&nbsp; Such persons in particular are urged to consult their United States tax advisors before investing in the Company.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Backup Withholding</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">In the case of Common Shares held by a Non-U.S. Holder, or held in the United States by a custodian or nominee for a Non-U.S. Holder, U.S. back-up withholding taxes may apply to distributions in respect of such Common Shares unless such Non-U.S. Holder properly certifies as to its non-U.S. status using IRS Form W-8.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Backup withholding is not an additional tax.&nbsp; Amounts withheld as backup withholding from a payment to a Non-U.S. Holder may be credited against his U.S. federal income tax liability and a Non-U.S. Holder may obtain a refund of any excess amounts withheld by filing the appropriate claim for refund with the IRS and furnishing any required information in a timely manner.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Future Tax Legislation</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Future amendments to the Code, other legislation, new or amended U. S. Treasury Regulations, administrative rulings or guidance by the IRS, or judicial decisions may adversely affect the federal income tax aspects of an investment in the Company, with or without advance notice, and retroactively or prospectively.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">U.S. Treasury Circular 230 Notice</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Any United States federal tax advice included in this communication (a) was not intended to be used, and cannot be used, for the purpose of avoiding United States federal tax penalties, and (b) was not written to support the promotion or marketing of the transaction(s) or matter(s) addressed in the written advice.&nbsp; The taxpayer should seek advice based upon the taxpayer&#8217;s particular circumstances from an independent tax adviser.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 21.3pt; MARGIN: 1pt 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">10.4.2 Bermuda Taxation</FONT></B></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 21.3pt; MARGIN: 1pt 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">In the opinion of Appleby, the following discussion correctly describes the material tax consequences of the ownership of Common Shares under Bermuda law, subject to the assumptions, qualifications and limitations in the discussion below.&nbsp; Such summary is subject to changes in Bermuda law, including changes that could have retroactive effect.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 21.3pt; MARGIN: 1pt 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Under current Bermuda law, there are no taxes on profits, income or dividends nor is there any capital gains tax.&nbsp; Furthermore, the Company has received from the Minister of Finance of Bermuda under the Exempted Undertakings Tax Protection Act of 1966, as amended, an undertaking that, in the event that Bermuda enacts any legislation imposing tax computed on profits or income, or computed on any capital asset, gain or appreciation, or any tax in the nature of estate duty or inheritance tax, then the imposition of any such tax shall not be applicable to the Company or to any of its operations, or the shares, debentures or other obligations of the Company, until March 31, 2035.&nbsp; This undertaking does not, however, prevent the imposition of any such tax or duty on such persons as are ordinarily resident in Bermuda and holding such shares, debentures or obligations of the Company or of property taxes on Company-owned real property or leasehold interests in Bermuda.</FONT></P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">As an exempted company, the Company must pay to the Bermuda government an annual government fee calculated on a sliding-scale basis by reference to its assessable capital, that is, its authorized share capital plus any share premium.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">There is no stamp duty or other transfer tax payable upon the transfer of shares in the Company by shareholders.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The United States does not have a comprehensive income tax treaty with Bermuda.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">10.5&#8195;Documents on Display</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">We are required to comply with the reporting requirements of the Exchange Act, applicable to a foreign private issuer.&nbsp; We are currently required to file annually a Form 20-F no later than four months after the close of our fiscal year, which is December 31.&nbsp; Any time the Company is delinquent in filing timely any periodic reports, including an Annual Report on Form 20&#8209;F, with the SEC, that delinquency may adversely affect the Company&#8217;s status on any exchange or quotation service on which its shares are listed or quoted and the Company may not be entitled to use certain abbreviated registration statements with the SEC in connection with the registration of any of its securities.&nbsp; We have previously been delinquent in filing our annual reports.&nbsp; As a result, the Company was delisted from the OTC BB and traded on the Pink Sheets.&nbsp; On April 9, 2008, trading in the Common Shares of the Company was restored to the OTC BB under the trading symbol &#8220;AWRCF&#8221;.</FONT><B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=black face="Times New Roman"> </FONT></B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">On April 29, 2011, the Common Shares of the Company commenced trading on the NASDAQ Capital Market tier under the trading symbol &#8220;APWC&#8221;. On February 15, 2013, the Common Shares commenced trading on NASDAQ&#8217;s Global Markets tier.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">As a foreign private issuer, we are exempt from the rules under the Exchange Act prescribing the furnishing and content of proxy statements, and our officers, directors and principal shareholders are exempt from the reporting and short-swing profit recovery provisions contained in Section 16 of the Exchange Act.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Our reports and other information, when so filed, may be inspected and copied (at prescribed rates) at the public reference facilities maintained by the SEC at Judiciary Plaza, 100 F Street, N.E., Washington D.C. 20549.&nbsp; Please call the SEC at 1-800-SEC-0330 for further information.&nbsp; In addition, the SEC maintains a web site that contains information filed electronically with the SEC, which can be accessed over the Internet at </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">http://www.sec.gov</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">.&nbsp; We have filed all our reports electronically since November 4, 2002.&nbsp; Such reports can be accessed over the Internet at http://www.sec.gov.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">In addition, we post certain information regarding the Company and its operations on our website located at www.apwcc.com.&nbsp; Summary information regarding the Company posted on our website should not be considered to be a substitute for, or a restatement of, the more complete information regarding the Company, its results of operations and financial condition set forth in this Annual Report or other documents or information which we may file with the SEC.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Item 11:&#8195;Quantitative and Qualitative Disclosures About Market Risks</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company has exposure to several quantitative market risks, including fluctuations in interest rates, foreign currency exchange rates and the pricing of commodities, principally copper, the Company&#8217;s main raw material.&nbsp; Risk management measures undertaken by the Company include entering into derivative agreements covering foreign exchange rates and copper pricing, as well as copper forward pricing agreements.&nbsp; The Company does not purchase or sell derivative instruments for trading purposes.&nbsp; The Company does not engage in trading activities involving copper contracts for which a lack of marketplace quotations would necessitate the use of fair value estimation techniques.</FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company is not currently a party to any derivative instruments to manage interest rate exposure.&nbsp; As in our line of business, derivative instruments would more commonly be employed to hedge the price of commodities, copper in our case.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">11.2 Foreign Currency Risk</FONT></B></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company has exposure to fluctuations in currency exchange rates.&nbsp; The Company&#8217;s revenues are generated primarily in the local currency in its principal operating jurisdictions; namely Thailand, China, Singapore and Australia.&nbsp; However, nearly all of the costs associated with the purchase of the Company&#8217;s raw materials, including copper, and its capital expenditures, including ongoing equipment upgrade and maintenance programs, are in U.S. dollars.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">As the Company&#8217;s operating subsidiaries incur operating costs in the local currency where they operate, the Company believes it is prudent that those operating subsidiaries incur indebtedness in the local currency when debt financing is necessary.&nbsp; The amount of indebtedness incurred by our operating subsidiaries from time to time is a function of our business strategy, the attractiveness of borrowing as opposed to other methods of financing operations and tax implications, among other considerations.&nbsp; The Company has exposure to currency exchange risk when the results of its operating subsidiaries are translated from the local currency into the U.S. dollar.&nbsp; At December 31, 2011 and 2012, the other comprehensive income in the total equity section of the consolidated balance sheets included currency translation adjustments of negative $1.4 million and $7.3 million, respectively.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">11.3 Market Risks Relating to Copper</FONT></B></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Copper is the principal raw material we use, accounting for a majority portion of the cost of sales in 2012.&nbsp; We purchase copper at prices based on the average prevailing international spot market prices on the LME for copper for the one month prior to purchase.&nbsp; The price of copper is influenced heavily by global supply and demand as well as speculative trading.&nbsp; As with other costs of production, changes in the price of copper may affect our cost of sales.&nbsp; Whether this has a material impact on our operating margins and financial results depends primarily on our ability to adjust our selling prices to our customers, such that increases and decreases in the price of copper are reflected in those selling prices.&nbsp; The purchase price of our products is based in part on the cost of copper used to manufacture those products.&nbsp; In addition, in the ordinary course of business we maintain inventories of raw materials and finished products reasonably necessary for the conduct of our business.&nbsp; These inventories typically reflect the cost of copper prevailing in the market at the time we purchase.&nbsp; Most of our sales of Manufactured Products reflect copper prices prevailing at the time the products are ordered.&nbsp; A long-term decrease in the price of copper would require the Company to revalue the value of its inventory at periodic intervals to the then&nbsp;market value, which could be below cost.&nbsp; Copper prices have been subject to considerable volatility and it is not always possible to manage our copper purchases and inventory so as to neutralize the impact of copper price volatility.&nbsp; Accordingly, significant volatility in copper prices could have an adverse effect on our operations.&nbsp; No assurance can be given that such volatility will not recur.&nbsp;&nbsp;&nbsp; </FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company enters into copper purchase contracts for future delivery for the purpose of securing its source of copper.&nbsp; The Company entered into certain copper purchase contracts with copper suppliers in 2012.&nbsp; All of the purchase contracts are still open as of the reporting date and with a latest due date of December 2013.</FONT></P>
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<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Item 13:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Defaults, Dividend Arrearages and Delinquencies</FONT></B></P>
<P style="TEXT-INDENT: 21.3pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company has experienced no material default in the payment of principal, interest, a sinking or purchase fund installment, or any other material default not cured within 30 days relating to the Company&#8217;s or any of its consolidated subsidiaries&#8217; indebtedness.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Item 14:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Material Modifications to the Rights of Security Holders and Use of Proceeds</FONT></B></P>
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<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Item 15:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Controls and Procedures</FONT></B></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 15pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Disclosure Controls and Procedures</FONT></I></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">An evaluation was carried out under the supervision and with the participation of our management, including the Chief Executive Officer (&#8220;CEO&#8221;) and Chief Financial Officer (&#8220;CFO&#8221;) of the effectiveness of our disclosure controls and procedures in accordance with the provisions of Rule&nbsp;13a-15 promulgated under the Securities Exchange Act of 1934, as amended. Based upon that evaluation and for the reasons stated in the management&#8217;s report on internal control over financial reporting below, our management concluded that our disclosure controls and procedures were ineffective as of December&nbsp;31, 2012. </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 15pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Management&#8217;s report on Internal Control over Financial Reporting </FONT></I></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Our management is responsible for establishing and maintaining adequate internal control over financial reporting, as defined und</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">er Rule&nbsp;13a-15(f) under the Securities Exchange Act of 1934. &nbsp;</FONT></P>
<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Based on the Company&#8217;s evaluation under the applicable framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (&#8220;COSO&#8221;), our management concluded that a material weakness in the Company&#8217;s internal controls over financial reporting was identified.</FONT></P>
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<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">In connection with the audit of our consolidated financial statements as of and for the year ended December&nbsp;31, 2012, our independent registered public accounting firm determined also the existence of a material weakness. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting such that there is a reasonable possibility that a material misstatement of the registrant&#8217;s annual or interim financial statements will not be prevented or detected on a timely basis by the company&#8217;s internal controls. &nbsp;</FONT></P>
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<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Deficiencies were noted in our controls over complex and non-routine transactions in our financial statement closing process. These deficiencies were attributable to our decentralized reporting structure, our complex and manual consolidation process and inadequate reviews over account balances at the reporting date. The aggregate effect of these deficiencies represented a material weakness. Based on this assessment, the Company&#8217;s management, including its CEO and CFO, concluded that the Company&#8217;s internal control over financial reporting was ineffective as of December 31, 2012.</FONT></P>
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<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Management commenced to implement remedial measures to address this material weakness in 2013, including:</FONT></P>
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<P style="TEXT-INDENT: -14.15pt; MARGIN: 0cm 0cm 0pt 35.45pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Before convening BOD meetings at all the subsidiaries, have them submit BOD agenda and after such meetings are concluded, forward a copy of the meeting minutes to APWC headquarters, so that major policy changes affecting financial results can be captured by the CFO and the finance team to perform assessment;</FONT></FONT></P>
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<P style="TEXT-INDENT: -14.15pt; MARGIN: 0cm 0cm 0pt 35.45pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">2)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">H<FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">ave each of the subsidiaries review all policy changes on a regular basis and have each of them confirm such policy changes in its respective reporting package;</FONT></FONT></P>
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<P style="TEXT-INDENT: -14.05pt; MARGIN: 0cm 0cm 0pt 35.4pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">3)&nbsp; Coordinate Internal Control department&#8217;s audit effort focusing on balance sheet review; and</FONT></P>
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<P style="TEXT-INDENT: -14.05pt; MARGIN: 0cm 0cm 0pt 35.4pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">4)&nbsp; <FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Conduct more frequent visits by CFO and deputy CFO to subsidiaries&#8217; sites to inquire about accounting estimates and various assumptions used in producing financial statement results.</FONT></FONT></P>
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<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Changes in internal control over financial reporting</FONT></I></P>
<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 0pt"><EM></EM>&nbsp;</P>
<P style="TEXT-INDENT: 21.2pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Except for the remedial measures described above, there were no changes in our internal control over financial reporting, identified in connection with the evaluation of such internal control that occurred during the last fiscal year, that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Item 16A.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Audit Committee Financial Expert</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">During 2010 and until April 29, 2011, the Common Shares of the Company were traded on the over-the-counter bulletin board (&#8220;OTCBB&#8221;).&nbsp; As of April 29, 2011, the Common Shares of the Company trade on NASDAQ.&nbsp; While the Company&#8217;s Common Shares were traded on the OTCBB, the Company was not required to have an audit committee that met the requirements of, nor was it required to have an audit committee financial expert as contemplated by, Regulation 10A-3 under the Exchange Act.&nbsp; During those periods of time when the Company did not have any independent directors, our full Board of Directors fulfilled the functions of an audit committee pursuant to Section 3(a)(58)(B) of the Exchange Act.&nbsp; On September 28, 2007, our Board appointed Mr. Anson Chan and Dr. Yichin Lee as independent directors to fill the two casual vacancies on the Board, and on March 17, 2011, a third independent Director &#8211; Dr. Lambert L. Ding was appointed, to constitute the members of the Audit Committee, with Mr. Chan serving as the Audit Committee&#8217;s chairman and financial expert.&nbsp; The Audit Committee of the Company&#8217;s Board of Directors now meets the requirements set forth in Regulation 10A-3 under the Exchange Act and under the rules of NASDAQ.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Item 16B.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Code of Ethics</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">On April 26, 2005, the Company adopted a code of ethics applicable to its Chief Executive Officer and senior financial officers.&nbsp; A copy of the Company&#8217;s code of ethics for senior executives is on file with the SEC.&nbsp; </FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Item 16C.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Principal Accountant Fees and Services</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Audit Fees</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The aggregate fees for fiscal years 2012 and 2011 for professional services rendered by the principal accountant for the audit of the Company&#8217;s annual financial statements totaled $0.8 million and $0.9 million, respectively. </FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Audit-Related Fees</FONT></I></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">No fees were billed for fiscal year 2012 or 2011 for assurance and audit-related services by the principal accountant other than as included in the figures provided in the preceding paragraph.</FONT><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"> &nbsp;</FONT></B></P>
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<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The aggregate fees for fiscal years 2012 and 2011 for professional services rendered by the principal accountant for tax compliance, tax advice and tax planning totaled approximately $95,000 and $34,000 respectively.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">All Other Fees</FONT></I></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The aggregate fees for fiscal years 2012 and 2011 for professional services rendered by the principal accountant for International Financial Reporting Standards conversion related services totaled approximately $136,000 and $nil, respectively.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><I><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Audit Committee Approval</FONT></I></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The engagement of the accountant to render audit, audit-related and non-audit services is entered into pursuant to pre-approval policies and procedures established in the Charter of the Audit Committee of the Company.&nbsp; Each of the services described in this Item 16C was approved by the Audit Committee.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Item 16D.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Exemptions from the Listing Standards for the Audit Committees</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Audit Committee of the Company&#8217;s Board of Directors consists of three directors, each of whom is independent, as such term is defined in Regulation 10A-3 promulgated under the Exchange Act, and one of whom is a financial expert.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Item 16E.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Purchases of Equity Securities by the Issuer and Affiliated Purchasers</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">During 2012, the Company commenced a Share Buy-back Plan, pursuant to which the Company re-purchased a total of 9,300 Common Shares, with the most recent purchase taking place on January 10, 2013, at an average weighted price of $3.38 per share. The Company announced the suspension of the Share Buy-back Plan on April 25, 2013. As of the date of the filing of this Annual Report, the Company has 13,830,769 Common Shares issued and 13,821,469 Common Shares outstanding and 9,300 issued Common Shares held in treasury.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Item 16F.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Change in Registrant&#8217;s Certifying Accountant</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">On October 5, 2012, the Company appointed E&amp;Y Taiwan as its independent registered public accounting firm. The decision to appoint E&amp;Y Taiwan as our new independent registered public accounting firm, &nbsp;and&nbsp; dismiss Ernst &amp; Young, Hong Kong (&#8220;E&amp;Y Hong Kong&#8221;), was approved, for cost and time efficiency reasons, by our audit committee and ratified by the board of directors and our shareholders. E&amp;Y Hong Kong&#8217;s dismissal became effective on October 5, 2012. </FONT></FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The audit report of E&amp;Y Hong Kong on our consolidated financial statements as of and for the years ended December&nbsp;31, 2010 and 2011 prepared in accordance with U.S. GAAP did not contain an adverse opinion or disclaimer of opinion and was not qualified or modified as to uncertainty, audit scope or accounting principles.</FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">In connection with the audits of the consolidated financial statements for each of the two years in the period ended December 31, 2011, and in the subsequent interim period through October 5, 2012, the date of E&amp;Y Hong Kong&#8217;s dismissal, there were no disagreements with E&amp;Y Hong Kong on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements if not resolved to the satisfaction of E&amp;Y Hong Kong would have caused them to make reference thereto in any <FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">reports on the financial statements for such period, nor have there been any reportable events (as defined in Form 20-F Item 16F(a)(1)(v)) that would require disclosure.</FONT></FONT> </P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
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<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">We provided a copy of this disclosure to E&amp;Y Hong Kong and requested that E&amp;Y Hong Kong furnish a letter addressed to the SEC stating whether it agrees with the above statements, and if not, stating the respects in which it does not agree. A copy of the letter from E&amp;Y Hong Kong addressed to the SEC, dated &nbsp;April 30, 2013, is filed as an exhibit to this annual report on Form 20-F.</FONT></FONT></FONT></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">For each of the two years in the period ended December 31, 2011 and the subsequent period prior to the appointment of E&amp;Y Taiwan &nbsp;as our independent registered public accountants, neither we nor any person on our behalf consulted with E&amp;Y Taiwan regarding either (i) the application of accounting principles to a specific completed or contemplated transaction, or the type of audit opinion that might be rendered on our financial statements and no written or oral advice was provided by E&amp;Y Taiwan, which was an important factor considered by us in reaching a decision as to any accounting, auditing or financial reporting issue, or (ii) any matter that was the subject of a disagreement (as defined in Form 20-F Item 16F(a)(1)(iv) and the related instructions to such Item) or a reportable event (as described in Form 20-F Item 16F(a)(1)(v)).</FONT></FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Item 16G.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corporate Governance</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">The Common Shares of the Company are traded on the NASDAQ Global Markets tier.&nbsp; However, as the Company has a more than fifty percent (50%) shareholder, the Company is entitled to rely upon a &#8220;controlled company exemption&#8221; that exempts it from having a board of directors comprised of a majority of independent directors.&nbsp; At present, a majority of the board of directors of the Company is affiliated with PEWC.&nbsp; The Company also relies on the NASDAQ&#8217;s allowance for Foreign Private Issuers to follow home country practices in lieu of the requirement that listed companies have regularly scheduled meetings at which only independent directors are present (&#8220;executive sessions&#8221;).&nbsp; The independent directors of the Company meet periodically in executive session in their capacity as members of the Audit Committee of the Board of Directors of the Company without other Directors present, but on occasion meet with the independent auditors of the Company present in such executive session, and on occasion meet with members of management present in order to understand more fully management&#8217;s analysis of the Company&#8217;s financial performance and compliance with relevant corporate governance requirements. These are the only material differences between the Company&#8217;s corporate governance practices and the corporate governance practices set forth for domestic companies under the NASDAQ rules on the subject matter.</FONT></FONT></FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Item 16H.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mine Safety Disclosure</FONT></B></P>
<P style="MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Not applicable)</FONT></P>
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<P style="TEXT-ALIGN: center; PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 15pt" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Part III</FONT></B></P>
<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Item 17:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial Statements</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Company has elected to provide the financial statements and related information specified in Item 18 in lieu of Item 17.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Item 18:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial Statements</FONT></B></P>
<P style="TEXT-INDENT: 20.15pt; MARGIN: 0cm 0cm 15pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">See pages F-1 &#8211; F-53.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 15pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Item 19:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Exhibits </FONT></B></P>
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<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0in 0in 12pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Index to Audited Financial Statements </FONT></B></P>
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<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Reports of independent registered accounting firms</FONT></P>
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<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Consolidated balance sheets as of December 31, 2011 and 2012</FONT></P>
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<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Consolidated statements of operations and comprehensive income for the years ended December 31, 2010, 2011 and 2012</FONT></P>
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<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Consolidated statements of shareholders&#8217; equity for the years ended December 31, 2010, 2011 and 2012</FONT></P>
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<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Consolidated statements of cash flows for the years ended December 31, 2010, 2011 and 2012</FONT></P>
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<P style="MARGIN: 0in 0in 6pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Notes to consolidated financial statements</FONT></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0in 0in 0pt 10pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">19.2</FONT></B></P>
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<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0in 0in 6pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Index to Exhibits</FONT></B></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0in 0in 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">1.1</FONT></P>
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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 6pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Memorandum of Association of Asia Pacific Wire &amp; Cable Corporation Limited (incorporated by reference to Exhibit 1.1 of the Company&#8217;s annual report on Form 20-F filed with the Securities and Exchange Commission on June 21, 2001).</FONT></P>
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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 6pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Third Amended and Restated Bye-Laws of Asia Pacific Wire &amp; Cable Corporation Limited (incorporated by reference to Exhibit 3.2 of the Company&#8217;s annual report on Form 20-F filed with the Securities and</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"> Exchange Commission on April 30, 2012).</FONT></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0in 0in 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">4.1</FONT></P>
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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 6pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Amended and Restated Shareholders&#8217; Agreement dated March 27, 2009 (incorporated by reference to Exhibit 3.4 of the Company&#8217;s Post-Effective Amendment No. 1 to Form F-1 filed with the Securities and Exchange Commission on April 2, 2009).</FONT></P>
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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 6pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Shareholders&#8217; Agreement Joinder dated as of July&nbsp;1, 2011</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">(incorporated by reference to Exhibit 3.5 of the Company&#8217;s Post-Effective Amendment No. 8 to Form F-1 on Form F-3 filed with the Securities and Exchange Commission on August 31, 2011).</FONT></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0in 0in 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">4.3</FONT></P>
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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 6pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Composite Services Agreement (incorporated by reference to Exhibit 10.1 of the Company&#8217;s Form F-1 filed with the Securities and Exchange Commission on November 13, 1996).</FONT></P>
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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 6pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Agreement for the Sale and Purchase of (i) Shares in Crown Century Holdings Limited and (ii) Shareholder&#8217;s Loan (incorporated by reference to Exhibit 5.1 of the Company&#8217;s annual report on Form 20-F filed with the Securities and Exchange Commission on July 1, 2002).</FONT></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0in 0in 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">4.5</FONT></P>
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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 6pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Settlement Agreement between Asia Pacific Wire &amp; Cable Corporation, Ltd. and Sino-JP Fund Co., Ltd. (incorporated by reference to Exhibit 4.5 of the Company&#8217;s annual report on Form 20-F filed with the Securities and Exchange Commission on November 9, 2007).</FONT></P>
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<A href="exhibit_46.htm">4.6</A> </FONT></P>
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<A href="exhibit_46.htm">Amended and Restated summaries of Joint Venture Agreements filed herewith.</A> </FONT></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0in 0in 0pt 10pt"><FONT style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">4.7</FONT></P>
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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 6pt"><FONT style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">Loan Facility Agreement between Crown Century Holdings Limited and Bangkok Bank Public Company Limited dated March 17, 2011 <FONT lang=EN-US color=black>(incorporated by reference to Exhibit 10.8 of the Company&#8217;s Post-Effective Amendment No. 8 to Form F-1 on Form F-3 filed with the Securities and Exchange Commission on August 31, 2011).</FONT></FONT></P>
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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 6pt"><FONT style="FONT-SIZE: 10.pt" lang=EN-US color=black>Rule 10b5-1 Issuer Purchase Plan (incorporated by reference to the Company&#8217;s report on Form 6-K filed with the Securities and Exchange Commission on April 25, 2013).</FONT></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0in 0in 0pt 10pt"><FONT style="FONT-SIZE: 10.pt">8</FONT></P>
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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 6pt"><FONT style="FONT-SIZE: 10.pt">List of significant subsidiaries (see Note 1 to the consolidated financial statements).</FONT></P>
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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 6pt">< FONT style="FONT-SIZE: 10pt" lang=EN-US>Code of Ethics </FONT><FONT style="FONT-SIZE: 10.pt">(incorporated by reference to Exhibit 11 of the Company&#8217;s annual report on Form 20-F filed with the Securities and Exchange Commission on November 9, 2007).</FONT></P>
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<A href="exhibit12_1.htm">12.1</A> </FONT></P>
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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 6pt"><FONT style="FONT-SIZE: 10.pt">
<A href="exhibit12_1.htm">Certification of Chief Executive Officer of the Company, pursuant to Section 302 of the Sarbanes-Oxley Act</A>.</FONT></P>
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<A href="exhibit12_2.htm">12.2</A> </FONT></P>
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<A href="exhibit12_2.htm">Certification of Chief Financial Officer of the Company, pursuant to Section 302 of the Sarbanes-Oxley Act.</A> </FONT></P>
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<A href="exhibit13_1.htm">13.1</A> </FONT></P>
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<A href="exhibit13_1.htm">Certification by Chief Executive Officer of periodic financial report pursuant to 18 U.S.C. Section 1350, as mandated by Section 906 of the Sarbanes-Oxley Act.</A> </FONT></P>
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<A href="exhibit13_2.htm">13.2</A> </FONT></P>
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<A href="exhibit13_2.htm">Certification by Chief Financial Officer of periodic financial report pursuant to 18 U.S.C. Section 1350, as mandated by Section 906 of the Sarbanes-Oxley Act.</A></FONT><FONT style="FONT-SIZE: 10.pt"> </FONT></P>
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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 6pt"><FONT style="FONT-SIZE: 10.pt">Amended and Restated Audit Committee Charter (incorporated by reference to Exhibit 16.G of the Form 20-F filed on May 13, 2011).</FONT></P>
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<A href="exhibit15_b.htm">15(b)</A> </FONT></P>
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<A href="exhibit15_b.htm">Letter of Ernst &amp; Young Hong Kong to the Commission pursuant to Item 16F(a) filed herewith.</A> </FONT></P>
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101 </FONT></P>
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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 6pt"><FONT style="FONT-SIZE: 10.pt" lang=EN-US color=black>
Interactive Data Files submitted pursuant to Rule 405 under Regulation S-T. </FONT></P>
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<P style="TEXT-ALIGN: left; PAGE-BREAK-AFTER: avoid; TEXT-INDENT: 20pt; MARGIN: 0cm 0cm 20pt" align=center><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Pursuant to the requirements of Section 12 of the Securities Exchange Act of 1934, the registrant certifies that it meets all of the requirements for filing on Form 20-F and has duly caused this Annual Report to be signed on its behalf by the undersigned, thereunto duly authorized.</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">ASIA PACIFIC WIRE &amp; CABLE</FONT></B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"><BR>
</FONT><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">CORPORATION LIMITED</FONT></B></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Date: </FONT><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT></B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">April 30, 2013</FONT></P>
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<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="franklin gothic book,sans-serif"></FONT>&nbsp;</P>
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">/s/ Yuan Chun Tang</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Yuan Chun Tang</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Chief Executive Officer</FONT></P>
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<P style="LINE-HEIGHT: 11pt; MARGIN: 0cm 5.75pt 15pt 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Audited Financial Statements</FONT></P>
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<P style="LINE-HEIGHT: 11pt; MARGIN: 0cm 5.75pt 15pt 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">As of December 31, 2011 and 2012</FONT></P>
<P style="LINE-HEIGHT: 11pt; MARGIN: 0cm 5.75pt 15pt 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Years ended December 31, 2010, 2011 and 2012</FONT></P>
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<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">INDEX TO FINANCIAL STATEMENTS</FONT></P>
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<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">CONTENTS</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Report of independent registered public accounting firms </FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Consolidated balance sheets as of December 31, 2011 and 2012 </FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Consolidated statements of operations for the years ended </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">December 31, 2010, 2011 and 2012 </FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Consolidated statements of comprehensive income for the years ended </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">December 31, 2010, 2011 and 2012 </FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Consolidated statements of shareholders&#8217; equity for the years ended </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">December 31, 2010, 2011 and 2012 </FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Consolidated statements of cash flows for the years ended </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">December 31, 2010, 2011 and 2012 </FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Notes to consolidated financial statements </FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Board of Directors and Shareholders of Asia Pacific Wire &amp; Cable Corporation Limited: </FONT></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">We have audited the accompanying consolidated balance sheet of Asia Pacific Wire &amp; Cable Corporation Limited (the &#8220;Company&#8221;) and subsidiaries as of December 31, 2012, and the related consolidated statements of operations and comprehensive income, shareholders&#8217; equity, and cash flows for the year ended December 31, 2012. These financial statements are the responsibility of the Company&#8217;s management. Our responsibility is to express an opinion on these financial statements based on our audit.&nbsp; </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">We conducted our audit in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. We were not engaged to perform an audit of the Company&#8217;s internal control over financial reporting. Our audit included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company&#8217;s internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation.&nbsp; We believe that our audit provides a reasonable basis for our opinion.</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">In our opinion, the financial statements referred to above present fairly, in all material respects, the consolidated financial position of Asia Pacific Wire &amp; Cable Corporation Limited and subsidiaries at December 31, 2012, and the consolidated results of their operations and their cash flows for the year ended December 31, 2012, in conformity with U.S. generally accepted accounting principles.</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"><FONT style="FONT-SIZE: 11pt" face="Times New Roman">/s/ </FONT>Ernst &amp; Young</FONT></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Taipei, Taiwan </FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">April 30, 2013</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Board of Directors and Shareholders of Asia Pacific Wire &amp; Cable Corporation Limited: </FONT></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">We have audited the accompanying consolidated balance sheet of Asia Pacific Wire &amp; Cable Corporation Limited (the &#8220;Company&#8221;) and subsidiaries as of December 31, 2011, and the related consolidated statements of operations and comprehensive income, shareholders&#8217; equity, and cash flows for each of the two years in the period ended December 31, 2011. These financial statements are the responsibility of the Company&#8217;s management. Our responsibility is to express an opinion on these financial statements based on our audits.&nbsp; </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. We were not engaged to perform an audit of the Company&#8217;s internal control over financial reporting. Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company&#8217;s internal control over financial reporting. Accordingly, we express no such opinion. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation.&nbsp; We believe that our audit provides a reasonable basis for our opinion.</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">In our opinion, the financial statements referred to above present fairly, in all material respects, the consolidated financial position of Asia Pacific Wire &amp; Cable Corporation Limited and subsidiaries as of December 31, 2011, and the consolidated results of their operations and their cash flows for each of the two years in the period ended December 31, 2011, in conformity with U.S. generally accepted accounting principles.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">As discussed in Note 4 &#8220;Comprehensive income (loss)&#8221; to the consolidated financial statements, the Company adopted Accounting Standards Update (&#8220;ASU&#8221;) No.&nbsp;2011-05 (&#8220;ASU 2011-05&#8221;), </FONT><I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Comprehensive Income (Topic 220), Presentation of Comprehensive Income</FONT></I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">, in the year ended December&nbsp;31, 2012 by presenting items of net income (loss) and other comprehensive income (loss) in two separate statements. Prior years&#8217; comparative information has been rearranged to conform to the presentation in accordance with ASU 2011-05.</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">/s/ Ernst &amp; Young</FONT></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Hong Kong SAR</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">April 30, 2012</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">except for the consolidated statements of comprehensive income for each of the two years in the period ended December 31, 2011 and Note 4, as to which the date is April 30, 2013.</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES</FONT></FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">CONSOLIDATED BALANCE SHEETS </FONT></FONT></P>
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<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of US Dollars, except share data)</FONT></FONT></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt" align=center><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">As of December 31, </FONT></B></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 13pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Current assets:</FONT></P>
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<P style="TEXT-INDENT: 16.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Cash and cash equivalents</FONT></P>
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<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 76,672</FONT></P>
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<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 72,816</FONT></P>
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<P style="TEXT-INDENT: 16.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Unrestricted short-term bank deposits (note 5)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2,529</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">6,210</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: 16.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Restricted short-term bank deposits (note 5)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">12,024</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">11,217</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: -16.5pt; MARGIN: 0cm 0cm 0pt 33pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Accounts receivable, net of allowance for doubtful accounts of $4,614 and $2,580 at December 31, 2011 and 2012, respectively (note 10)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">98,329</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">125,128</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: 16.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Amounts due from related parties (note 18)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">5,227</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">4,066</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: -16.5pt; MARGIN: 0cm 0cm 0pt 33pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Inventories (note 10)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 33pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Distributed products</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="Times New Roman">2,243 </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="Times New Roman">12,780</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 33pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Finished products</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="Times New Roman">35,786</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="Times New Roman">40,589</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 33pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Work-in-progress</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="Times New Roman">16,434 </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="Times New Roman">19,743 </FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 33pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Raw materials and supplies</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="Times New Roman">24,552</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="Times New Roman">25,409</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">79,015</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">98,521</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: 16.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Held-to-maturity securities </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(note 7)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2,378</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: 16.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Deferred tax assets (notes 10 &amp; 11)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">5,185</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">3,134</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: 16.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Prepaid expenses and other current assets</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-GB face="Times New Roman">9,716 </FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-GB face="Times New Roman">6,738</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 13pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Total current assets</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">288,697</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">330,208</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: -9.9pt; MARGIN: 0cm 0cm 0pt 12.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Property, plant and equipment:</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: 16.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Land</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">5,964</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">6,194</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: 16.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Land use rights</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2,900</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2,914</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: 16.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Buildings</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">49,749</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">52,372</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: 16.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Machinery and equipment</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">118,984</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">122,584</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: 16.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Motor vehicles</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">4,203</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">4,336</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: 16.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Office equipment</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">6,675</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">6,830</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: 16.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Construction in progress</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2,547</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">4,998</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: 16.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="TEXT-INDENT: 33pt; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">191,022</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="TEXT-INDENT: 33pt; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">200,228</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: 16.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Accumulated depreciation and impairment losses</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(148,108)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(149,832)</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="LINE-HEIGHT: 18pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">42,914</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">50,396</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-ALIGN: left; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: -9.9pt; MARGIN: 0cm 0cm 0pt 12.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Investments (note 7)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">618</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,002</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 13pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Investments in equity investees (note 22)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">4,435</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">4,414</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 13pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Goodwill (note 6)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 13pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Other assets</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">108</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">889</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 13pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Deferred tax assets (notes 10 &amp; 11)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-GB face="Times New Roman">517</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-GB face="Times New Roman">2,475</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 13pt"><FONT style="LINE-HEIGHT: 18pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">5,678</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">8,780</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 13pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 13pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 13pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Total assets</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 337,289</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 389,384</FONT></P>
</DIV></TD></TR></TABLE><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT></DIV>
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">The accompanying notes are an integral part of these consolidated financial statements. </FONT></P>
</DIV>
<P style="TEXT-ALIGN: center">F-4</P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES</FONT></FONT></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">CONSOLIDATED BALANCE SHEETS (continued)</FONT></FONT></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of US Dollars, except share data)</FONT></FONT></P>
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</DIV>
<P style="TEXT-INDENT: -18pt; MARGIN: 0cm 0cm 0pt 18pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<DIV align=center>
<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 98.56%; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>
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<P style="TEXT-ALIGN: center; TEXT-INDENT: -10pt; MARGIN: 0cm 8.6pt 0pt 10pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
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<P style="TEXT-ALIGN: center; MARGIN: 0cm 4.7pt 0pt 0cm" align=center><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">As of December 31,</FONT></B></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 8.6pt 0pt 10pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=center>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 33.05pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2011</FONT></B></P>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=center>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 33.05pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2012</FONT></B></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 8.6pt 0pt 10pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
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<P style="TEXT-INDENT: -5pt; MARGIN: 0cm 8.6pt 0pt 12.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">LIABILITIES AND EQUITY</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="68%">
<P style="TEXT-INDENT: -9.9pt; MARGIN: 0cm 8.6pt 0pt 12.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
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<P style="TEXT-INDENT: -5pt; MARGIN: 0cm 8.6pt 0pt 12.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Current liabilities:</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: 16pt; MARGIN: 0cm 8.6pt 0pt 3pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Bank loans and overdrafts (note 8)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 52,813</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 57,845</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: 16pt; MARGIN: 0cm 8.6pt 0pt 3pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Accounts payable</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">22,148</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">40,616</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: 16pt; MARGIN: 0cm 8.6pt 0pt 3pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Accrued expenses</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">10,737</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">13,499</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: 16pt; MARGIN: 0cm 8.6pt 0pt 3pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Amounts due to related parties (note 18)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">14,693</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">11,428</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: 16pt; MARGIN: 0cm 0pt 0pt 3pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Short-term loans from the immediate holding company (note 18)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-GB face="Times New Roman">1,732</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-GB face="Times New Roman">1,732</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: 16pt; MARGIN: 0cm 8.6pt 0pt 3pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Income tax liabilities (note 11)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">9,835</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">11,225</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: 16pt; MARGIN: 0cm 8.6pt 0pt 3pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Other current liabilities (note 19)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-GB face="Times New Roman">5,783</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-GB face="Times New Roman">10,149</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: -5.1pt; MARGIN: 0cm 8.6pt 0pt 13pt"><FONT style="LINE-HEIGHT: 18pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Total current liabilities</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 18pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">117,741&nbsp; </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 18pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">146,494&nbsp; </FONT></P>
</TD></TR>
<TR>
     <TD style="BACKGROUND-COLOR: #cceeff" vAlign=top width="68%">
<P style="TEXT-INDENT: -5.1pt; MARGIN: 0cm 8.6pt 0pt 13pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BACKGROUND-COLOR: #cceeff" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BACKGROUND-COLOR: #cceeff" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: -5.1pt; MARGIN: 0cm 8.6pt 0pt 13pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Non-current liabilities:</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: -9.9pt; MARGIN: 0cm 8.6pt 0pt 12.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: -4.4pt; MARGIN: 0cm 8.6pt 0pt 12.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Other non-current liabilities (note 19)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">3,678&nbsp;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-GB face="Times New Roman">6,060 </FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: -9.9pt; MARGIN: 0cm 8.6pt 0pt 12.9pt"><FONT style="LINE-HEIGHT: 18pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Deferred tax liabilities (note 11)&nbsp;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,181</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-GB face="Times New Roman">2,219</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: -9.9pt; MARGIN: 0cm 8.6pt 0pt 12.9pt"><FONT style="LINE-HEIGHT: 18pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Total non-current liabilities</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">4,859</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-GB face="Times New Roman">8,279</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: -9.9pt; MARGIN: 0cm 8.6pt 0pt 12.9pt"><FONT style="LINE-HEIGHT: 18pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Total liabilities </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">122,600</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">154,773</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 11.15pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 11.15pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: -9.9pt; MARGIN: 0cm 8.6pt 0pt 12.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 11.15pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 11.15pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: -4.4pt; MARGIN: 0cm 8.6pt 0pt 12.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Commitments and contingencies (note 14)</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"> &nbsp;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: -9.9pt; MARGIN: 0cm 8.6pt 0pt 12.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="MARGIN: 0cm 8.6pt 0pt 8.5pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Shareholders&#8217; equity:</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 8.6pt 0pt 12.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Common shares, $0.01 per share:</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: -8.75pt; MARGIN: 0cm 8.6pt 0pt 33.65pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Authorized shares: 50,000,000 </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: -9.9pt; MARGIN: 0cm 8.6pt 0pt 12.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Issued shares: 13,830,769 </FONT></P>
<P style="TEXT-INDENT: 16.5pt; MARGIN: 0cm 8.6pt 0pt 8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Outstanding shares: (note 9)</FONT></P>
<P style="TEXT-INDENT: 11pt; MARGIN: 0cm 8.6pt 0pt 8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">2012 &#8211; 13,828,869 shares (net of 1,900 treasury shares)</FONT></P>
<P style="TEXT-INDENT: 11pt; MARGIN: 0cm 8.6pt 0pt 8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">2011 &#8211; 13,830,769 shares</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">138</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">138</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 8.6pt 0pt 12.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Additional paid-in capital</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">111,541</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">110,608</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 8.6pt 0pt 12.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Retained earnings</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">34,545</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">45,553</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: 16pt; MARGIN: 0cm 8.6pt 0pt 3pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Accumulated other comprehensive income (note 13)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">286 </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<P style="TEXT-INDENT: 44pt; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">5,424</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: 16pt; MARGIN: 0cm 8.6pt 0pt 3pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Treasury shares (1,900 shares at $3.2899)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-GB face="Times New Roman">(6)</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: -9.9pt; MARGIN: 0cm 8.6pt 0pt 12.9pt"><FONT style="LINE-HEIGHT: 18pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Total APWC shareholders&#8217; equity </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">146,510</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">161,717</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: -9.9pt; MARGIN: 0cm 8.6pt 0pt 12.9pt"><FONT style="LINE-HEIGHT: 18pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Noncontrolling interests</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">68,179</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">72,894</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: -9.9pt; MARGIN: 0cm 8.6pt 0pt 12.9pt"><FONT style="LINE-HEIGHT: 18pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Total equity</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">214,689</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">234,611</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=top width="68%">
<P style="TEXT-INDENT: -4.4pt; MARGIN: 0cm 8.6pt 0pt 12.9pt"><FONT style="LINE-HEIGHT: 18pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Total liabilities and equity</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 5.5pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 337,289</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 5.5pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 389,384</FONT></P>
</DIV></TD></TR></TABLE></DIV>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">The accompanying notes are an integral part of these consolidated financial statements.</FONT></P>
<P style="MARGIN: 0cm 5.75pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</DIV>
<P style="TEXT-ALIGN: center">F-5</P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES</FONT></FONT></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">CONSOLIDATED STATEMENTS OF OPERATIONS</FONT></FONT></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(In thousands of US Dollars, except share data)</FONT></P>
</DIV>
<P style="TEXT-INDENT: -8.9pt; MARGIN: 0cm 0cm 0pt 8.9pt"><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<DIV align=center>
<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" border=0 cellSpacing=0 cellPadding=0>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 3.5pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="61%">
<P style="TEXT-INDENT: -9.9pt; MARGIN: 0cm 0cm 0pt 9.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="39%" colSpan=3 align=center>
<P style="TEXT-INDENT: 1pt; MARGIN: 0cm" align=center><B><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Year ended December 31,</FONT></B></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 3.5pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.5pt; PADDING-TOP: 0cm" vAlign=bottom width="61%">
<P style="TEXT-INDENT: -9.9pt; MARGIN: 0cm 0cm 0pt 9.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.5pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=center>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">2010</FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.5pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=center>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">2011</FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.5pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=center>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">2012</FONT></B></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 3.5pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.5pt; PADDING-TOP: 0cm" vAlign=bottom width="61%">
<P style="TEXT-INDENT: -9.9pt; MARGIN: 0cm 0cm 0pt 9.9pt"><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.5pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.5pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.5pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 3.5pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.5pt; PADDING-TOP: 0cm" vAlign=bottom width="61%">
<P style="TEXT-INDENT: -9.9pt; MARGIN: 0cm 0cm 0pt 9.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Net sales</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.5pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.5pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.5pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: -13.5pt; MARGIN: 0cm 0cm 0pt 22.3pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US color=black face="times new roman">Manufactured products (including sales to related parties amounting to $3,806, $3,663 and $2,669 for the years ended December 31, 2010, 2011 and 2012, respectively (note 18))</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 396,059</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 429,474</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 401,023</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 3.7pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.7pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 7.2pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US color=black face="times new roman">Distributed products</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.7pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">26,935</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.7pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">25,500</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.7pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">54,797</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: 7.2pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US color=black face="times new roman">Supply, delivery and installation of wires and cables </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">23,600</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">16,972</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">6,445</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: 7.2pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">446,594</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">471,946</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">462,265</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: -21.15pt; MARGIN: 0cm 0cm 0pt 21.15pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Costs of sales </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: -14.25pt; MARGIN: 0cm 0cm 0pt 27.05pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US color=black face="times new roman">Manufactured products </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(including&nbsp;&nbsp;purchases from related parties amounting to $45,925, $46,953 and $23,857 </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US color=black face="times new roman">for the years ended December 31, </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">2010, 2011 and 2012, respectively (note 18))</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="TEXT-JUSTIFY: inter-ideograph; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(342,630)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="TEXT-JUSTIFY: inter-ideograph; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(386,598)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="TEXT-JUSTIFY: inter-ideograph; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(356,358)</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: -11.5pt; MARGIN: 0cm 0cm 0pt 24.4pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US color=black face="times new roman">Distributed products (including purchases from related parties amounting to $4,056, $7,484 and $9</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">,083 for the years ended December 31, 2010, 2011and 2012, respectively (note 18))</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="TEXT-JUSTIFY: inter-ideograph; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(25,557)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="TEXT-JUSTIFY: inter-ideograph; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(22,545)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="TEXT-JUSTIFY: inter-ideograph; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(51,436)</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: 7.2pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US color=black face="times new roman">Supply, delivery and installation of wires and cables</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(23,358)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(16,915)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(7,460)</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: 7.2pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US color=black face="times new roman">Inventory impairment (note 10)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">1,974</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(1,993)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">4,804</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(389,571)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(428,051)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(410,450)</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="61%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Gross profit</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">57,023</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">43,895</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">51,815</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: -20.15pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Selling, general and administrative expenses (including expenses&nbsp;paid to related parties amounting to $239, $277 and $524 for the years ended December 31, 2010, 2011 and 2012, respectively (note 18))</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(28,965)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(30,760)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(32,794)</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: -20.15pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US color=black face="times new roman">Recovery for doubtful accounts (note 10)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">940</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">1,487</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">720</FONT></P>
</TD></TR>
<TR>
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<P style="TEXT-INDENT: -20.15pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US color=black face="times new roman">Impairment of long-lived assets</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">(22)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: -20.15pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US color=black face="times new roman">Impairment of investments</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">(346)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: -20.15pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US color=black face="times new roman">Impairment of goodwill (note 6)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(8,791)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US color=black face="times new roman">Charges related to flooding (note 15)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(3,947)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">(888)</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: -20.15pt; MARGIN: 0cm 0cm 0pt 19.85pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US color=black face="times new roman">Recovery of loss from flooding (note 15)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">4,762</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: -20.15pt; MARGIN: 0cm 0cm 0pt 19.85pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US color=black face="times new roman">Income from operations </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="TEXT-INDENT: 4.5pt; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">28,652</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="TEXT-INDENT: 4.5pt; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">1,884</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">23,593</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: -20.15pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US color=black face="times new roman">Exchange gain (loss), net</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">3,041</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(1,346)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">2,398</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: -20.15pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US color=black face="times new roman">Interest income</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">492</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">1,409</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">1,555</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: -20.15pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US color=black face="times new roman">Interest expenses (including interest paid/payable to related parties amounting to $14, $13 and $14 for the year<FONT style="FONT-SIZE: 9pt" face="Times New Roman">s</FONT> ended December 31, 2010, 2011 and 2012, respectively (note18))</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(1,364)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(2,217)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(2,195)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: -20.15pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US color=black face="times new roman">Share of net loss of equity investees</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(21)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(58)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(21)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: -20.15pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US color=black face="times new roman">Gain on liquidation of <FONT style="FONT-SIZE: 9pt" face="Times New Roman">a </FONT>subsidiary</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">279</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: -20.15pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US color=black face="times new roman">Loss on disposal of available-for-sale securities </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">(68)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: -20.15pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US color=black face="times new roman">Other income, net (including other income received/receivable from related parties amounting to $154, $144 and $143 for the years ended December 31, 2010, 2011 and 2012, respectively (note 18))</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">1,032</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">1,032</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">1,684</FONT></P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Income from continuing operations before income taxes</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">31,832</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">636</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">27,293</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="61%">
<P style="TEXT-INDENT: -20.15pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Income taxes (note 11)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(6,441)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(4,566)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(8,383)</FONT></P>
</DIV></TD></TR>
<TR style="HEIGHT: 18.15pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 18.15pt; PADDING-TOP: 0cm" vAlign=bottom width="61%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Net income (loss) from continuing operations</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 18.15pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">25,391</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 18.15pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(3,930)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 18.15pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">18,910</FONT></P>
</TD></TR>
<TR style="HEIGHT: 18.15pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 18.15pt; PADDING-TOP: 0cm" vAlign=bottom width="61%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Discontinued operations (note 20)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 18.15pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><B><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 18.15pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><B><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 18.15pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><B><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>
</TD></TR>
<TR style="HEIGHT: 2.85pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 2.85pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: -20.45pt; MARGIN: 0cm 0cm 0pt 20.45pt"><FONT style="LINE-HEIGHT: 7pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 2.85pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 7pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 2.85pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 7pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 2.85pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 7pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="HEIGHT: 2.85pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 2.85pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: -20.45pt; MARGIN: 0cm 0cm 0pt 20.45pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Income from operations of discontinued SPFO (including gain on disposal of $1,962 for the year ended December 31, 2011, purchases from related parties amounting to $4 and $317, and sales to related parties amounting to $54 and $693 for the years ended December 31, 2010 and 2011, respectively)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 2.85pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="TEXT-JUSTIFY: inter-ideograph; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">446</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 2.85pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="TEXT-JUSTIFY: inter-ideograph; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">1,075</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 2.85pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="TEXT-JUSTIFY: inter-ideograph; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</TD></TR>
<TR style="HEIGHT: 18.15pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 18.15pt; PADDING-TOP: 0cm" vAlign=bottom width="61%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 13pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Income taxes </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 18.15pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 13pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(450)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 18.15pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 13pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(229)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 18.15pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 13pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</DIV></TD></TR>
<TR style="HEIGHT: 18.15pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 18.15pt; PADDING-TOP: 0cm" vAlign=bottom width="61%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 13pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(Loss) income from discontinued operations</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 18.15pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 13pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(4)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 18.15pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 13pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">846</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 18.15pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 13pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</TD></TR>
<TR style="HEIGHT: 18.15pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 18.15pt; PADDING-TOP: 0cm" vAlign=bottom width="61%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Net income (loss)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 18.15pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">25,387</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 18.15pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(3,084)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 18.15pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">18,910</FONT></P>
</DIV></TD></TR></TABLE></DIV></DIV>
<P style="TEXT-ALIGN: center">F-6</P>
<HR align=center SIZE=2 width="100%" noShade>
<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>


<A name=page_98></A>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES</FONT></FONT></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">CONSOLIDATED STATEMENTS OF OPERATIONS</FONT></FONT><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"> (continued)</FONT></FONT></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(In thousands of US Dollars, except share data)</FONT></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
</DIV>
<DIV align=center>
<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" border=0 cellSpacing=0 cellPadding=0>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="39%" colSpan=3 align=center>
<P style="MARGIN: 0cm" align=center><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Year ended December 31,</FONT></B></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=center>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 1pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">2010</FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=center>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 1pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">2011</FONT></B></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=center>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 1pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">2012</FONT></B></P>
</DIV></TD></TR>
<TR style="HEIGHT: 21.25pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 21.25pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0cm 0cm 0pt 22.5pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Net income attributable to noncontrolling interests</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 21.25pt; PADDING-TOP: 0cm" width="13%" align=right>
<P style="TEXT-JUSTIFY: inter-ideograph; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">11,247</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 21.25pt; PADDING-TOP: 0cm" width="13%" align=right>
<P style="TEXT-JUSTIFY: inter-ideograph; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">2,355</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 21.25pt; PADDING-TOP: 0cm" width="13%" align=right>
<P style="TEXT-JUSTIFY: inter-ideograph; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">7,961</FONT></P>
</TD></TR>
<TR style="HEIGHT: 21.85pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 21.85pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -20.15pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Net income (loss) attributable to APWC shareholders</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 21.85pt; PADDING-TOP: 0cm" width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-JUSTIFY: inter-ideograph; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 14,140</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 21.85pt; PADDING-TOP: 0cm" width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-JUSTIFY: inter-ideograph; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ (5,439)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 21.85pt; PADDING-TOP: 0cm" width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-JUSTIFY: inter-ideograph; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 10,949</FONT></P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="HEIGHT: 2.85pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 2.85pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: -16.45pt; MARGIN: 0cm 0cm 0pt 21.35pt"><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Basic and diluted earnings (loss) per share from continuing operations</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 2.85pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="TEXT-INDENT: 4.5pt; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 1.02</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 2.85pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="TEXT-INDENT: 4.5pt; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ (0.49)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 2.85pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="TEXT-INDENT: 4.5pt; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 0.79</FONT></P>
</TD></TR>
<TR style="HEIGHT: 2.85pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 2.85pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: 4.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Basic and diluted earnings per share from discontinued operations</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 2.85pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 49.5pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 2.85pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 40.5pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">0.10</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 2.85pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 45pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: 4.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 18pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Basic and diluted earnings (loss) per share</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 4.5pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 1.02</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 4.5pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ (0.39)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 4.5pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 0.79</FONT></P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: 4.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Basic and diluted weighted average common shares outstanding</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">13,830,769</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">13,830,769</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">13,830,751</FONT></P>
</DIV></TD></TR></TABLE></DIV>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">The accompanying notes are an integral part of these consolidated financial statements.</FONT></P>
</DIV>
<P style="TEXT-ALIGN: center">F-7</P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES</FONT></FONT></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME</FONT></FONT></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(In thousands of US Dollars, except share data)</FONT></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
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<P style="TEXT-INDENT: -9.9pt; MARGIN: 0cm 0cm 0pt 9.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
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<P style="TEXT-INDENT: 1pt; MARGIN: 0cm" align=center><B><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Year ended December 31,</FONT></B></P>
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<P style="TEXT-INDENT: -9.9pt; MARGIN: 0cm 0cm 0pt 9.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.5pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=center>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">2010</FONT></B></P>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.5pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=center>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">2011</FONT></B></P>
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<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">2012</FONT></B></P>
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<P style="TEXT-INDENT: -9.9pt; MARGIN: 0cm 0cm 0pt 9.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
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<P style="MARGIN: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
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<P style="MARGIN: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
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<P style="MARGIN: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Net income (loss)</FONT></P>
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<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 25,387</FONT></P>
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<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ (3,084)</FONT></P>
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<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 18,910</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Other comprehensive income (loss)</FONT></P>
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<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.7pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.7pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
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<P style="TEXT-INDENT: 9pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Currency translation adjustment, net of tax of nil</FONT></P>
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<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">18,091</FONT></P>
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<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(3,726)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">6,918</FONT></P>
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<P style="TEXT-INDENT: 9pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
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<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
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<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman"></FONT>&nbsp;</P>
</TD>
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<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman"></FONT>&nbsp;</P>
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<TR style="PAGE-BREAK-INSIDE: avoid">
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<P style="TEXT-INDENT: 9pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Defined benefit pension plan </FONT></P>
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<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
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<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
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<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
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<TR style="PAGE-BREAK-INSIDE: avoid">
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<P style="TEXT-INDENT: 22.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Currency realignment</FONT></P>
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<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">(54)</FONT></P>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">23</FONT></P>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(21)</FONT></P>
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<P style="TEXT-INDENT: 22.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Prior service cost arising during the year</FONT></P>
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<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">135</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(2,973)</FONT></P>
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<P style="TEXT-INDENT: 22.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Net actuarial loss arising during the year</FONT></P>
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<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(432)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(228)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(151)</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
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<P style="TEXT-INDENT: 13.5pt; MARGIN: 0cm 0cm 0pt 8.9pt"><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Less: amortization of prior service cost in net periodic pension</FONT></P>
<P style="TEXT-INDENT: 31.5pt; MARGIN: 0cm 0cm 0pt 8.9pt"><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">cost</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">14</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">1</FONT></P>
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     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="TEXT-INDENT: -45pt; MARGIN: 0cm 0cm 0pt 45pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">144</FONT></P>
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<P style="TEXT-INDENT: 13.5pt; MARGIN: 0cm 0cm 0pt 8.9pt"><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Deferred tax related to defined benefit pension </FONT></P>
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<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 9pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">1,045</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: 9pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Defined benefit pension plan, net of tax (notes 11 &amp; 19)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(472)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">( 69)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(1,956)</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 5.65pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 5.65pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: 9pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 5.65pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 5.65pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 5.65pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: 9pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Unrealized loss of available-for-sale securities</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: 22.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Unrealized loss of available-for-sale securities</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(68)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: 22.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Reclassification of unrealized loss of available-for-sale </FONT></P>
<P style="TEXT-INDENT: 36pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">securities upon disposal or impairment</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">30</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">68</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: 13.5pt; MARGIN: 0cm 0cm 0pt 8.9pt"><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Income tax related to unrealized loss </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">84</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 9pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 9pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 15pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Unrealized loss of available-for-sale securities, net </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 45pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 15pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">114</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 54pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 15pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 54pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 15pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Other comprehensive income (loss)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">17,733</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(3,795)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">4,962</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Total comprehensive income (loss) </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">43,120</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(6,879)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">23,872</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Total comprehensive income (loss) attributable to noncontrolling </FONT></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">interests</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">$ 17,499</FONT></P>
</TD>
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<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">$ (440)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">$ 7,785</FONT></P>
</TD></TR>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Total comprehensive income (loss) attributable to APWC shareholders</FONT></P>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">25,621</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(6,439)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">16,087</FONT></P>
</DIV></TD></TR></TABLE></DIV>
<P style="MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: 22.5pt; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">The accompanying notes are an integral part of these consolidated financial statements.</FONT></P>
<P align=center>F-8 </P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES</FONT></FONT></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">CONSOLIDATED STATEMENTS OF SHAREHOLDERS&#8217; EQUITY</FONT></FONT></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of US Dollars, except share data)</FONT></FONT></P>
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<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 3.5pt; MARGIN: 0cm 5pt 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
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<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 3.5pt; MARGIN: 0cm 5pt 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
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<P style="TEXT-ALIGN: center; TEXT-INDENT: 3.3pt; MARGIN: 0cm 0cm 0pt 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 8.5pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
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<P style="TEXT-ALIGN: center; TEXT-INDENT: 3.3pt; MARGIN: 0cm 0cm 0pt 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 8.5pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
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<P style="TEXT-ALIGN: center; TEXT-INDENT: 3.5pt; MARGIN: 0cm 0cm 0pt 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%">
<P style="TEXT-ALIGN: center; TEXT-INDENT: 3.5pt; MARGIN: 0cm 0cm 0pt 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%">
<P style="TEXT-ALIGN: center; TEXT-INDENT: 3.5pt; MARGIN: 0cm 0cm 0pt 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="28%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 3.5pt; MARGIN: 0cm 5pt 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Common</FONT></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0pt; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 3.5pt; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Stock</FONT></P>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 3.5pt; MARGIN: 0cm 5pt 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Additional</FONT></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0pt; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 3.5pt; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">paid-in capital</FONT></P>
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<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0pt; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 3.5pt; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT></I>&nbsp;</P>
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 3.5pt; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Retained</FONT></P>
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 3.5pt; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">earnings</FONT></P>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%">
<P style="TEXT-ALIGN: center; TEXT-INDENT: 3.3pt; MARGIN: 0cm 0cm 0pt 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 8.5pt" lang=EN-US face="times new roman">Accumulated other</FONT></P>
<P style="TEXT-ALIGN: center; TEXT-INDENT: 3.3pt; MARGIN: 0cm 0cm 0pt 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 8.5pt" lang=EN-US face="times new roman">comprehensive</FONT></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0pt; BORDER-TOP: medium none; MARGIN-RIGHT: 0cm; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 3.3pt; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; WORD-BREAK: break-all; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 8.5pt" lang=EN-US face="Times New Roman">(loss) income</FONT></P>
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<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0pt; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 3.5pt; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Treasury stock</FONT></P>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%">
<P style="TEXT-ALIGN: center; TEXT-INDENT: 3.5pt; MARGIN: 0cm 0cm 0pt 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Total </FONT></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0pt; BORDER-TOP: medium none; MARGIN-RIGHT: 0cm; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 3.5pt; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">APWC shareholders&#8217; equity</FONT></P>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%">
<P style="TEXT-ALIGN: center; TEXT-INDENT: 3.1pt; MARGIN: 0cm 0cm 0pt 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 8pt" lang=EN-US face="times new roman">Noncontrolling</FONT></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0pt; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 3.5pt; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">interests</FONT></P>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%">
<P style="TEXT-ALIGN: center; TEXT-INDENT: 3.5pt; MARGIN: 0cm 0cm 0pt 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Total</FONT></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0pt; BORDER-TOP: medium none; MARGIN-RIGHT: 0cm; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 3.5pt; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">equity</FONT></P>
</DIV></TD></TR>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 7pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
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<P style="TEXT-ALIGN: right; TEXT-INDENT: 3.5pt; MARGIN: 0cm 5pt 0cm 0pt"><FONT style="LINE-HEIGHT: 7pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
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<P style="TEXT-ALIGN: right; TEXT-INDENT: 3.5pt; MARGIN: 0cm 5pt 0cm 0pt"><FONT style="LINE-HEIGHT: 7pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
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<P style="TEXT-ALIGN: right; TEXT-INDENT: 3.5pt; MARGIN: 0cm 5pt 0cm 0pt"><I><FONT style="LINE-HEIGHT: 7pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT></I>&nbsp;</P>
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<P style="TEXT-ALIGN: right; TEXT-INDENT: 3.5pt; MARGIN: 0cm 5pt 0cm 0pt"><FONT style="LINE-HEIGHT: 7pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
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<P style="TEXT-ALIGN: right; TEXT-INDENT: 3.5pt; MARGIN: 0cm 5pt 0cm 0pt"><FONT style="LINE-HEIGHT: 7pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
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<P style="TEXT-ALIGN: right; TEXT-INDENT: 3.5pt; MARGIN: 0cm 5pt 0cm 0pt"><FONT style="LINE-HEIGHT: 7pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
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<P style="TEXT-ALIGN: right; TEXT-INDENT: 3.5pt; MARGIN: 0cm 5pt 0cm 0pt"><FONT style="LINE-HEIGHT: 7pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: 3.5pt; MARGIN: 0cm 5pt 0cm 0pt"><FONT style="LINE-HEIGHT: 7pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="28%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 8.5pt" lang=EN-US face="times new roman">Balance at January 1, 2010</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 138</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 111,541</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 25,908</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ (10,195)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ &#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 127,392</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 55,200</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 182,592</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="28%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Net income</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">14,140</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">14,140</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">11,247</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">25,387</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="28%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Other comprehensive income</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">11,481</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">11,481</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">6,252</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">17,733</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="28%">
<P style="TEXT-INDENT: -13.5pt; MARGIN: 0cm 0cm 0pt 13.5pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Increase in shareholding in a subsidiary</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">181</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT></P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">181</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(181)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="28%">
<P style="TEXT-INDENT: -4.4pt; MARGIN: 0cm 0cm 0pt 0pt"><FONT style="LINE-HEIGHT: 4pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 4pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 4pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><I><FONT style="LINE-HEIGHT: 4pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT></I>&nbsp;</P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 4pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 4pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 4pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 4pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 4pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="28%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 8.5pt" lang=EN-US face="times new roman">Balance at December 31, 2010</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">138</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">111,541</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">40,229</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">1,286</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">153,194</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">72,518</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">225,712</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="28%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Net (loss) income </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(5,439) </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(5,439)</FONT><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman"> &nbsp;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">2,355</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(3,084) </FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="28%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Other comprehensive loss</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(1,000)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">(1,000)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(2,795)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(3,795)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="28%">
<P style="TEXT-INDENT: -13.5pt; MARGIN: 0cm 0cm 0pt 13.5pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Increase in shareholding in a subsidiary </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(245)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(245) </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">245</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="28%">
<P style="TEXT-INDENT: -13.5pt; MARGIN: 0cm 0cm 0pt 13.5pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Disposal of a subsidiary</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="TEXT-INDENT: 40pt; MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="TEXT-INDENT: 40pt; MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="TEXT-INDENT: 40pt; MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm 11pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(949)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(949)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="28%">
<P style="TEXT-INDENT: -13.5pt; MARGIN: 0cm 0cm 0pt 13.5pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Dividend paid to noncontrolling shareholders of subsidiaries </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT></P>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT></P>
<P style="MARGIN: 0cm 4.5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT></P>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT></P>
<P style="MARGIN: 0cm 4.5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT></P>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT></P>
<P style="TEXT-INDENT: 40pt; MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-GB face="Courier New"></FONT></P>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-GB face="Courier New"></FONT></P>
<P style="MARGIN: 0cm 13.5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT></P>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT></P>
<P style="MARGIN: 0cm 4.5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm 9pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8722;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(3,195)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(3,195)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="28%">
<P style="TEXT-INDENT: -4.4pt; MARGIN: 0cm 0cm 0pt 0pt"><FONT style="LINE-HEIGHT: 4pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 4pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 4pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 4pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 4pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 4pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 4pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 4pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 4pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="28%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 8.5pt" lang=EN-US face="times new roman">Balance at December 31, 2011</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="TEXT-INDENT: 13.5pt; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">138</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="TEXT-INDENT: 18pt; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">111,541</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">34,545</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">286</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="TEXT-INDENT: 13.5pt; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;&nbsp;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="TEXT-INDENT: 13.5pt; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">146,510</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="TEXT-INDENT: 9pt; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">68,179</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="TEXT-INDENT: 4.5pt; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">214,689</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="28%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Purchase of treasury stock</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(6)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">(6)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">(6)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="28%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Net income</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">10,949</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">10,949</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">7,961</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">18,910 </FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="28%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Other comprehensive income (loss)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">5,138</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">5,138</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(176)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">4,962</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="28%">
<P style="TEXT-INDENT: -15.85pt; MARGIN: 0cm 0cm 0pt 15.85pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Increase in shareholding in a </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">subsidiary</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(933)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">59</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(874) </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">(3)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(877)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="28%">
<P style="TEXT-INDENT: -13.5pt; MARGIN: 0cm 0cm 0pt 13.5pt"><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Dividend paid to noncontrolling shareholders of subsidiaries </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8722;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(3,067)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(3,067)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="28%">
<P style="TEXT-INDENT: -4.4pt; MARGIN: 0cm 0cm 0pt 0pt"><FONT style="LINE-HEIGHT: 4pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 4pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 4pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 4pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 4pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 4pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 4pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 4pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 4pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="28%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 8.5pt" lang=EN-US face="times new roman">Balance at December 31, 2012</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 138</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 110,608</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 45,553</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 5,424</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ (6)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 161,717</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 72,894</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="9%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 234,611</FONT></P>
</DIV></TD></TR></TABLE></DIV>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">The accompanying notes are an integral part of these consolidated financial statements. </FONT></P>
<P style="TEXT-ALIGN: center">F-9</P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">CONSOLIDATED STATEMENTS OF CASH FLOWS</FONT></FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P>
</DIV>
<DIV align=center>
<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="61%">
<P style="TEXT-ALIGN: center; TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="39%" colSpan=3 align=center>
<P style="TEXT-INDENT: 4.6pt; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Year ended December 31,</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="61%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=center>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">2010</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=center>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">2011</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=center>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">2012</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="61%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Operating activities:</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: 9pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Net income (loss)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">$ 25,387</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">$ (3,084)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">$ 18,910</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: 9pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Adjustments to reconcile net income (loss) to net </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: -11.8pt; MARGIN: 0cm 0cm 0pt 17.3pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">cash (used in) provided by operating activities:&nbsp;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: 19.8pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Gain on disposal of property, plant and equipment</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(93)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(158)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(114)</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: 19.8pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Loss on disposal of available-for-sale securities</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">68</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">&#8211;</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: 19.8pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Depreciation</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">6,857</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">6,462</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">4,975</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: 19.8pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Deferred income taxes</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(213)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(2,273)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">1,264</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: 19.8pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Recovery for doubtful accounts</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(1,317)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(1,555)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(720)</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: 19.8pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Inventory impairment </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(1,974)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">1,993</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(4,804)</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: 19.8pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Share of net loss of equity investees</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">21</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">58</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">21</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: 19.8pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Impairment of long-lived assets </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">22</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: 19.8pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Impairment of investments</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">346</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">&#8211;</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: 19.8pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Impairment of goodwill</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">8,791</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">&#8211;</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: 19.8pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Gain on disposal of a subsidiary</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(1,962)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">&#8211;</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: 19.8pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Pension liability adjustments </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">14</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">1</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">144</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: 19.8pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Unrealized foreign exchange difference, net</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(284)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">974</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">26</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: 19.8pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Noncash other income </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(519)</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: 19.8pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Changes in operating assets and liabilities </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: 18pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Accounts receivable, net</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(31,779)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">34,052</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(23,103)</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: 18pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Inventories</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(8,595)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(5,539)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(12,022)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: 18pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Prepaid expenses and other current assets</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(1,510)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(7,508)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">3,082</FONT></P>
</TD></TR>
<TR style="HEIGHT: 6pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 6pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: 18pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Amounts due to/from related parties</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(4,026)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">580</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(2,102)</FONT></P>
</TD></TR>
<TR style="HEIGHT: 6pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 6pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: 18pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Other long term assets</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">1,165</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(343)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">477</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: -19.1pt; MARGIN: 0cm 0cm 0pt 37.1pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Accounts payable, accrued expenses, other current liabilities and other non-current liabilities</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">13,365</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(7,933)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">26,111</FONT></P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Net cash (used in) provided by operating activities</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(2,636)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">22,624</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">11,648</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Investing activities:</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: 21.7pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Placement of unrestricted short-term bank deposits to financial </FONT></P>
<P style="TEXT-INDENT: 40.05pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Institutions</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(2,625)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(3,542)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: 21.7pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Placement of restricted short-term bank deposits to financial </FONT></P>
<P style="TEXT-INDENT: 40.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">institutions</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-GB face="times new roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-GB face="times new roman">(12,638)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(13,906)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-GB face="times new roman">(2,608)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="TEXT-INDENT: 21.15pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Maturity of restricted short-term bank deposits from financial </FONT></P>
<P style="TEXT-INDENT: 40.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">institutions</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-GB face="times new roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-GB face="times new roman">9,696</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">11,326</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">3,897</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: 19.8pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Purchases of held-to-maturity securities</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(2,738)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: 19.8pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Purchases of property, plant and equipment</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(3,653)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(8,888)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(10,937)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: 19.8pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Proceeds from disposal of an available-for-sale securities</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">24</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">&#8211;</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: 19.8pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Proceeds from disposal of property, plant and equipment </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">147</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">165</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">173</FONT></P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Net cash used in investing activities</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(6,448)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(13,904)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(15,755)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="61%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Financing activities:</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: 19.8pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Dividend paid to noncontrolling shareholders of subsidiaries</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="times new roman">&#8722;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="times new roman">(3,195)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="times new roman">(3,067)</FONT></P>
</TD></TR>
<TR style="HEIGHT: 16.05pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 16.05pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: 19.8pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Repayments of bank loans</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 16.05pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(19,608)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 16.05pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(22,503)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 16.05pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(6,000)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: 19.8pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Proceeds from bank loans</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">46,021</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">31,319</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">9,888</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: 19.8pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Share buy-back </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(6)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: 19.8pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Acquisition of noncontrolling interests </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-GB face="Times New Roman">&#8722;</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(877)</FONT></P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Net cash provided by (used in) financing activities</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">26,413</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">5,621</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(62)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Effect of exchange rate changes on cash and cash equivalents</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">4,354</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(886)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">313</FONT></P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="TEXT-INDENT: -10.15pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 9pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Net increase (decrease) in cash and cash equivalents</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">21,683</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">13,455</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">(3,856)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Cash and cash equivalents at beginning of year</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">41,534</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">63,217</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">76,672</FONT></P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Cash and cash equivalents at end of year</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 63,217</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 4.5pt; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 76,672</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 72,816</FONT></P>
</DIV></TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Supplemental disclosure of cash flow information: </FONT></P>
</TD>
     <TD style="BACKGROUND-COLOR: #cceeff" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT></P>
</TD>
     <TD style="BACKGROUND-COLOR: #cceeff" vAlign=top width="13%" align=right>
<P style="TEXT-INDENT: 13.5pt; MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT></P>
</TD>
     <TD style="BACKGROUND-COLOR: #cceeff" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Cash paid for interest</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">$ 2,056</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="TEXT-INDENT: 13.5pt; MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">$ 1,861</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">$ 1,704</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="61%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Cash paid for income taxes</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">3,547</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">7,412</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">4,829</FONT></P>
</TD></TR></TABLE></DIV>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">The accompanying notes are an integral part of these consolidated financial statements.</FONT></P>
<P style="TEXT-ALIGN: center">F-10 </P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P>
</DIV>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ORGANIZATION AND PRINCIPAL ACTIVITIES</FONT></B></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Asia Pacific Wire &amp; Cable Corporation Limited (&#8220;APWC&#8221; or the &#8220;Company&#8221;), which is a subsidiary of Pacific Electric Wire &amp; Cable Co., Ltd. (&#8220;PEWC&#8221;), a Taiwanese company, was incorporated as an exempted company in Bermuda on September 19, 1996 under the Companies Act 1981 of Bermuda (as amended) for the purpose of acting as a holding company. The Company is principally engaged in owning operating companies engaged in the power cable, telecommunication cable, enameled wire and electronic cable industry.&nbsp; </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Company&#8217;s operating subsidiaries (the &#8220;Operating Subsidiaries&#8221;) are engaged in the manufacturing and distribution of telecommunications, power cable and enameled wire products in Singapore, Thailand, Australia, the People&#8217;s Republic of China (&#8220;PRC&#8221;) and other markets in the Asia Pacific region. Major customers of the Operating Subsidiaries include government organizations, electric contracting firms, electrical dealers, and wire and cable factories. The Company&#8217;s Operating Subsidiaries also engage in the distribution of certain wire and cable products manufactured by PEWC and third parties. In certain markets, the Company also provides project engineering services to customers through its supply, delivery and installation (the &#8220;SDI&#8221;) business segment. </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 0cm; MARGIN: 0cm 0cm 0cm 35pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Company was listed on the New York Stock Exchange in March 1997. On December 24, 2001, the staff of the New York Stock Exchange (&#8220;NYSE&#8221;) announced that it had determined that the trading of the common shares of APWC should be suspended prior to December 31, 2001. The decision was reached in view of the fact that the Company&#8217;s share price had fallen below NYSE&#8217;s continued listing standards. Following the delisting of the Company&#8217;s common shares on the NYSE, the Company&#8217;s common shares were traded under the ticker AWRCF, on the Over-the-Counter Bulletin Board (&#8220;OTC BB&#8221;), operated by the National Association of Securities Dealers, Inc. (&#8220;NASD&#8221;). After the Company failed to timely file its annual report on Form 20-F for the 2004 fiscal year, the Company was delisted from the OTC BB in August 2005 and thereafter its common shares were quoted on the &#8220;pink sheets&#8221; market by Pink Sheets LLC, a privately owned company that provides pricing and financial information for over-the-counter securities. </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 0cm; MARGIN: 0cm 0cm 0cm 35pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.45pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">On June 28, 2007, SOF Investment, L.P. (&#8220;SOF&#8221;), a Delaware limited partnership controlled by MSD Capital, L.P. acquired 20% of the issued and outstanding shares of the Company from a private equity investor and entered into a shareholders&#8217; agreement with the Company and PEWC. </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.45pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.45pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">On April 9, 2008, the Company was listed again and began trading its common shares on the OTC BB after completing all reporting requirements and filing all outstanding financial reports with the US Securities and Exchange Commission (&#8220;SEC&#8221;). The Company is subject to the reporting requirements under the Securities Exchange Act of 1934. </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.45pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.45pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">On March 30, 2009, SOF sold 10.2% of the issued and outstanding shares of the Company to PEWC. PEWC is currently holding 65.6% of the equity of the Company and COF (as successor-in-interest to SOF) is holding 9.8%. The remaining 24.6% of the issued and outstanding common shares were publicly traded on the Over-the-Counter Bulletin Board (&#8220;OTC BB&#8221;) prior to that date. </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.45pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.45pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">On April 29, 2011, the Company&#8217;s common shares commenced trading on NASDAQ Capital Market tier. </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.45pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.45pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">As of July 1, 2011, SOF transferred its 9.8% interest in the Company to MSD Credit Opportunity Master Fund, L.P. (&#8220;COF&#8221;), which became a party to the shareholders agreement, as amended and restated on March 27, 2009 (the &#8220;Amended Shareholders Agreement&#8221;), and succeeded to all of the right, title, and interest in the common shares previously held by SOF.</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.45pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.45pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">On February 15, 2013, the Company&#8217;s common shares started trading on the NASDAQ Global Market tier.</FONT></P>
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<P style="TEXT-ALIGN: center">F-11</P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>
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<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>
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<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ORGANIZATION AND PRINCIPAL ACTIVITIES </FONT></B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.45pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 3.35pt 0pt 36pt"><I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Share Capital </FONT></I></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 3.35pt 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.4pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">On September 8, 2008, the Company&#8217;s shareholders approved an increase to the authorized share capital from 20,000,000 common shares, par value $0.01 per share, to 50,000,000 common shares, par value $0.01 per share.</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 35.4pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></I>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 35.4pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Share Capital Repurchase Program</FONT></I></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 35.4pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.4pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Company&#8217;s board of directors authorized a share capital repurchase program for its common shares on August 28, 2012, up to $2 million worth of its common shares over the next twelve months. Up to December 31, 2012, the Company had repurchased 1,900 shares with a total consideration of $6. The Company records the value of its common shares held in the treasury at cost.&nbsp; </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 35.4pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 35.4pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">i)&nbsp; The subsidiaries of the Company are set out below:</FONT></P>
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<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt"><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Place of incorporation and operations</FONT></U></P>
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<P style="TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 35.5pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Percentage of</FONT></P>
<P style="TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 35.5pt" align=center><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">equity interest</FONT></U></P>
<P style="TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 35.5pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">As of December 31,</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 18pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
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<P style="TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=center><U><FONT style="LINE-HEIGHT: 18pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2011</FONT></U></P>
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<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt"><B><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The British Virgin Islands </FONT></U></B></P>
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<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
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<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Asia Pacific Wire &amp; Cable General Holdings Ltd.</FONT></P>
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<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 3.8pt 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">100%</FONT></P>
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<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 3.8pt 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">100%</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">PRC (APWC) Holding Ltd.</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Samray Inc.</FONT></P>
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<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">100%</FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Siam (APWC) Holdings Ltd.</FONT></P>
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     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">100%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">100%</FONT></P>
</TD></TR>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
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     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Moon View Ltd.</FONT></P>
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     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">100%</FONT></P>
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     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">100%</FONT></P>
</TD></TR>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
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     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Trigent Investment Holdings Limited</FONT></P>
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<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 3.2pt 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">100%</FONT></P>
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     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 3.2pt 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">100%</FONT></P>
</TD></TR>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
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     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Crown Century Holdings Ltd.</FONT></P>
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<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 3.2pt 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">100%</FONT></P>
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     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 3.2pt 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">100%</FONT></P>
</TD></TR>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
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<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt"><B><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Singapore </FONT></U></B></P>
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<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 3.2pt 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
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     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 3.2pt 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
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     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=ES face="times new roman">Sigma Cable Company (Private) Limited (&#8220;Sigma Cable&#8221;)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 3.8pt 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">98.3%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 3.8pt 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">98.3%</FONT></P>
</TD></TR>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=SV face="times new roman">Sigma-Epan International Pte Ltd. (&#8220;Sigma-Epan&#8221;)</FONT></P>
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     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">100%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">100%</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Epan Industries Pte Ltd. </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt; WORD-BREAK: break-all" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">100% </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt; WORD-BREAK: break-all" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">100% </FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Epan Data-Comm System Pte Ltd.</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 5.5pt 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">100% </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 5.5pt 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">100% </FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=SV face="times new roman">Singvale Pte Ltd.</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">100%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">100%</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt"><B><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Malaysia </FONT></U></B></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 3.2pt 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 3.2pt 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Elecain Industry Sdn. Bhd.</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">92.6%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">92.6%</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Sigma-Epan Malaysia Sdn. Bhd.</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">100%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">100%</FONT></P>
</TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: center">F-12</P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P>
</DIV>
<DIV align=center></DIV>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ORGANIZATION AND PRINCIPAL ACTIVITIES</FONT></B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"> (continued)</FONT></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
<DIV align=center>
<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" border=0 cellSpacing=0 cellPadding=0>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="TEXT-ALIGN: center; TEXT-INDENT: 7.7pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt; TEXT-DECORATION: none" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt"><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Place of incorporation and operations</FONT></U></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="35%" colSpan=2 align=center>
<P style="TEXT-INDENT: 0.05pt; MARGIN: 0cm 0cm 0pt 28.4pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Percentage of</FONT></P>
<P style="TEXT-INDENT: 0.05pt; MARGIN: 0cm 0cm 0pt 28.4pt" align=center><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">equity interest</FONT></U></P>
<P style="TEXT-INDENT: 0.05pt; MARGIN: 0cm 0cm 0pt 28.4pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">As of December 31,</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="65%">
<P style="TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt"><FONT style="LINE-HEIGHT: 18pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="18%" align=center>
<P style="TEXT-INDENT: -9.8pt; MARGIN: 0cm 5.5pt 0pt 15.2pt" align=center><U><FONT style="LINE-HEIGHT: 18pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2011</FONT></U></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="17%" align=center>
<P style="TEXT-INDENT: -9.8pt; MARGIN: 0cm 5.5pt 0pt 15.2pt" align=center><U><FONT style="LINE-HEIGHT: 18pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2012</FONT></U></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="MARGIN: 0cm 0cm 0pt"><B><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The People&#8217;s Republic of China (&#8220;PRC&#8221;)</FONT></U></B></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="MARGIN: 0cm 0cm 0pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt; TEXT-DECORATION: none" lang=EN-US face="times new roman"></FONT></B>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Ningbo Pacific Cable Co., Ltd. (&#8220;Ningbo Pacific&#8221;)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">95.80%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">100%</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="TEXT-INDENT: -1.1pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Shanghai Yayang Electric Co., Ltd. </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">54.41%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">54.41%</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Pacific Electric Wire &amp; Cable (Shenzhen) Co., Ltd. (&#8220;PEWS&#8221;) </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">100%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">100%</FONT></P>
</TD></TR>
<TR>
     <TD vAlign=top width="65%">
<P style="MARGIN: 0cm 0cm 0pt"><B><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></U></B>&nbsp;</P>
</TD>
     <TD vAlign=top width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD vAlign=top width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="MARGIN: 0cm 0cm 0pt"><B><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Hong Kong</FONT></U></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;</FONT></B></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Crown Century Holdings Limited (&#8220;CCH (HK)&#8221;)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">100%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">100%</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="TEXT-INDENT: -15.2pt; MARGIN: 0cm 0cm 0pt 15.2pt"><B><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Australia</FONT></U></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"> &nbsp;</FONT></B></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Australia Pacific Electric Cable Pty Limited (&#8220;APEC&#8221;)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">99.40%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">99.40%</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="MARGIN: 0cm 0cm 0pt"><B><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Thailand</FONT></U></B></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Charoong Thai Wire and Cable Public Company Limited </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(&#8220;Charoong Thai&#8221;)* </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">50.93%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">50.93%</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Siam Pacific Electric Wire &amp; Cable Company Limited </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(&#8220;Siam Pacific&#8221;)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">50.93%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">50.93%</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Double D Cable Company Limited (&#8220;Double D&#8221;) (pre-operating stage) </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">0%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">50.93%</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Hard Lek Limited </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">73.98%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">73.98%</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">APWC (Thailand) Co., Ltd.</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">99.48%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">99.48%</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">PEWC (Thailand) Co., Ltd.</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">99.48%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">99.48%</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">CTW Beta Co. Ltd. </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">50.89%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">50.89%</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="65%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Siam Fiber Optics Co. Ltd.</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="18%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">30.56%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="17%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">30.56%</FONT></P>
</TD></TR></TABLE></DIV>
<DIV align=center>
<P></P>
<P style="MARGIN: 0in 0in 0pt" align=justify><FONT style="FONT-SIZE: 11pt" lang=EN-US color=red face="Times New Roman"><FONT style="COLOR: #000000">* Charoong Thai is listed </FONT></FONT><FONT style="FONT-SIZE: 11pt" lang=EN-US color=red face="Times New Roman"><FONT style="COLOR: #000000">on the Stock Exchange of Thailand and is engaged in the manufacturing of wire and cable products for the power and telecommunications industries in Thailand.</FONT></FONT></P>
<P></P>
</DIV>
<P style="TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -9.8pt; MARGIN: 0cm 0cm 0pt 15.2pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: center">F-13</P>
<HR align=center SIZE=2 width="100%" noShade>
<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV></DIV>


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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P>
</DIV>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt; TEXT-DECORATION: none" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -20pt; MARGIN: 0cm 0cm 0pt 20pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">1.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;ORGANIZATION AND PRINCIPAL ACTIVITIES</FONT></B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"> (continued)</FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 12.5pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</FONT></P>
<P style="TEXT-INDENT: 38.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">ii)&nbsp; The equity investees of the Company are set out below:</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt 2cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></P>
<DIV align=center>
<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; MARGIN-LEFT: 0pt; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-ALIGN: center; TEXT-INDENT: 3.85pt; MARGIN: 0cm 0cm 0pt 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt; TEXT-DECORATION: none" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: 3.85pt; MARGIN: 0cm 0cm 0pt"><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Place of incorporation and operations</FONT></U></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="30%" colSpan=2 align=center>
<P style="LINE-HEIGHT: 11pt; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Percentage of<BR>
</FONT><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">equity interest</FONT></U></P>
<P style="LINE-HEIGHT: 11pt; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">As of December 31,</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="70%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="LINE-HEIGHT: 18pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%" align=center>
<P style="MARGIN: 0cm 5pt 0pt 0pt" align=center><U><FONT style="LINE-HEIGHT: 18pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2011</FONT></U></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%" align=center>
<P style="MARGIN: 0cm 5pt 0pt 0pt" align=center><U><FONT style="LINE-HEIGHT: 18pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2012</FONT></U></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="70%">
<P style="MARGIN: 0cm 0cm 0pt 3.9pt"><B><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The People&#8217;s Republic of China</FONT></U></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;</FONT></B></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="70%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 10pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="70%">
<P style="MARGIN: 0cm 0cm 0pt 3.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Shandong Huayu Pacific Fiber Optics Communications Co., Ltd. (&#8220;Shandong Huayu&#8221;)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 6.5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">48.73%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 6.5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">48.73%</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-INDENT: -20.1pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Shandong Pacific Rubber Cable Co., Ltd. (&#8220;SPRC&#8221;)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 3.5pt 0pt 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">25.00%</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 3.5pt 0pt 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">25.00%</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 3.5pt 0pt 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 3.5pt 0pt 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-INDENT: -20pt; MARGIN: 0cm 0cm 0pt 20pt"><B><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Thailand</FONT></U></B></P>
</TD>
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<P style="TEXT-INDENT: -20.1pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Siam Pacific Holding Company Limited (&#8220;SPHC&#8221;)</FONT></P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 3.5pt 0pt 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">49.00%</FONT></P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 3.5pt 0pt 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">49.00%</FONT></P>
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<P style="TEXT-INDENT: -10pt; MARGIN: 0cm 0cm 0pt 20pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 3.5pt 0pt 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
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<P style="TEXT-INDENT: -19.9pt; MARGIN: 0cm 0cm 0pt 19.8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Loxley Pacific Co., Ltd. (&#8220;Lox Pac&#8221;)</FONT></P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 3.5pt 0pt 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">21.39%</FONT></P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 3.5pt 0pt 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">21.39%</FONT></P>
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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt 2cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -7.55pt; MARGIN: 0cm 34.6pt 0pt 42.55pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 0cm; MARGIN: 0cm 0cm 0cm 35pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman">Acquisitions accounted for as purchases and disposals undertaken by the Company during the years ended December 31, 2010, 2011 and 2012 included the following:</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 0cm; MARGIN: 0cm 0cm 0cm 35pt">&nbsp;</P>
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<TR>
     <TD vAlign=top width="2%">(a)</TD>
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<P></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt; MARGIN: 0cm 0cm 0cm 0pt"><FONT style="FONT-SIZE: 11pt" lang=X-NONE face="times new roman">On March 31, 2010, CCH acquired 51% of APEC shares from Sigma Cable, thereby increasing the Company&#8217;s interest in APEC from 98.53% to 99.40%. On April 14, 2010, CCH acquired 100% of Sigma-Epan from Samray, the Company&#8217;s interest in Sigma-Epan has not changed and Sigma-Epan remains as a wholly owned subsidiary of the Company.&nbsp; </FONT></P>
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     <TD vAlign=top width="2%">&nbsp;</TD>
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<P>&nbsp;</P>
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     <TD vAlign=top width="2%">(b)<FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=X-NONE face="times new roman"> </FONT></TD>
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<P align=justify><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman">On May 31, 2011, the Company contributed additional capital in Ningbo Pacific in the form of a cash injection of $5 million. The Company&#8217;s interest in Ningbo Pacific increased from 94.31% to 95.80%. </FONT></P>
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     <TD vAlign=top width="2%">&nbsp;</TD>
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     <TD vAlign=top width="2%"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman">(c)</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=X-NONE face="times new roman">&nbsp;</FONT></TD>
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<P align=justify><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman">On December 1, 2011, the Company disposed its entire 51% equity interest in Shandong Pacific Fiber Optics Co., Ltd.</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(&#8220;SPFO&#8221;)</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman">. </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman">Proceeds from the disposal of SPFO were $2.9 million (RMB18.5 million). The Company recorded a gain on disposal amounting to $1.96 million in the </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">consolidated </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="Times New Roman">statement of operations.</FONT></P>
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     <TD vAlign=top width="2%">&nbsp;</TD>
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     <TD vAlign=top width="2%"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman">(d)</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=X-NONE face="times new roman">&nbsp;</FONT></TD>
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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt; MARGIN: 0cm 0cm 0cm 0pt"><FONT style="FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT></P>
<P align=justify><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman">On June 8, 2012, the Charoong Thai&#8217;s board of directors resolved to set up Double D. Double D registered its incorporation on August 30, 2012 with Baht 20 million registered capital and it is wholly owned by Charoong Thai.</FONT></P>
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     <TD vAlign=top width="2%">&nbsp;</TD>
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     <TD vAlign=top width="2%"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman">(e)</FONT></FONT></TD>
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<P align=justify><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">On July 22, 2012, the Company <FONT style="FONT-SIZE: 11pt" face="Times New Roman">acquired</FONT></FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman">an additional </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">4.2</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman">% shareholding of Ningbo Pacific from PRC joint ventur</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman">e partner</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">. The Company&#8217;s interest in Ningbo Pacific increased from 95.8% to 100%.</FONT></P>
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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -24pt; MARGIN: 0cm 0cm 0cm 60pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=X-NONE face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; LINE-HEIGHT: 0pt; TEXT-INDENT: 0cm; MARGIN: 0cm 0cm 0cm 35pt"><B><FONT style="FONT-SIZE: 10pt" lang=X-NONE face="Courier New"></FONT></B>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 0.05pt; MARGIN: 0cm 0cm 0pt 35.4pt"><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Put Right and Option</FONT></U></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.4pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Under the terms of the Amended Shareholders&#8217; Agreement, COF has the right and option (but not the obligation) to sell to PEWC upon the occurrence of a Put Event (defined below), and PEWC agreed to purchase from COF upon the occurrence of a Put Event, all registrable securities then owned by COF (the &#8220; Put Shares &#8221;), for an amount equal to the Put Price (defined below) together with interest (calculated on the basis of a 360 day year) on the Put Price, computed (x) from June 28, 2007 through May 31, 2010 at a rate per annum that shall be equal to the Libor rate plus fifty (50) basis points (compounded annually), and (y) from June 1, 2010 until the Put Closing (defined below) at a rate per annum that shall be equal to the Libor rate plus one hundred and fifty (150) basis points </FONT></P>
<P style="TEXT-ALIGN: center">F-14</P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P>
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<P style="MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">1.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">ORGANIZATION AND PRINCIPAL ACTIVITIES</FONT></B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"> (continued)</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=#ff99cc face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.4pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(compounded annually) (the &#8220; Put Right &#8221;). If the Put Event terminates prior to the closing of such Put Right, the exercise of the Put Right is deemed rescinded and the transaction relating to the Put Right is deemed cancelled, but this will not terminate the existence of a future Put Right upon the triggering of a future Put Event. </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.4pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.4pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">A &#8220;Put Event&#8221; means any date (i) after March 11, 2009 whereby an event has occurred and continues to occur, or (ii) after February 1, 2011 whereby the shares are not listed on a US Securities Market, which means any of the NASDAQ Stock Market, Inc. (Global Market or Global Select Market), Alternext U.S. (f/k/a the American Stock Exchange LLC), the New York Stock Exchange LLC or in conjunction with a dual listing on, or a transfer from, a US Securities Market to one or more of the principal or secondary exchanges for the public trading of equity securities in any of Hong Kong, Tokyo or Singapore. The &#8220;Put Price&#8221; means for (i) shares purchased pursuant to the Purchase Agreement, an aggregate amount equal to the product of (a) the number of shares being sold and (b) US$4.35 and (ii) shares purchased under preemptive right provisions of the amended shareholders&#8217; agreement (the &#8220;Shareholders&#8217; Agreement&#8221;), and aggregate amount equal to the purchase price thereof.</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=#ff99cc face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.4pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Shareholders&#8217; Agreement does not contain any provisions that impose any purchase, reimbursement or financing obligations on the Company in the event that SOF exercises the Put Right. The Put Right is an obligation solely of PEWC and not of the Company. However, for the avoidance of doubt and as a re-affirmation that the financial and other obligation to SOF in the event </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.4pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">of an exercise of the Put Right rest exclusively with PEWC, the Company has, on March 27, 2009, entered into a non-recourse confirmation agreement (the &#8220;Non-recourse Confirmation Agreement&#8221;) with PEWC whereby PEWC (i) covenants that it has no put right against the Company relating to the Put Shares and that PEWC&#8217;s obligations to SOF are without recourse to the Company, (ii) waives any such right should it arise in the future, and (iii) agrees that it shall not cause the Company, directly or indirectly, to incur any costs associated with the exercise of the Put Right.</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=#ff99cc face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.4pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Shareholders&#8217; Agreement provides, and the Non-recourse Confirmation Agreement confirms, that the Put Right is solely the obligation of PEWC. The Company has no purchase, reimbursement or financing obligations in the event that SOF exercises the Put Right. As such, the Company has classified the Put Shares as equity in the accompanying financial statements. </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.4pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.4pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Company received an approval letter from Nasdaq on April 13, 2011 for the listing of its common shares on NASDAQ, with &#8220;APWC&#8221; as the trading symbol and, as noted, on April 29, 2011, the Company&#8217;s common shares commenced trading on NASDAQ Capital Market, which tier does not fit within the definition of a national &#8220;Securities Market&#8221;, as provided in the Shareholders&#8217; Agreement. The Company applied to list the common shares on the NADAQ Global Market after the Company fulfilled NASDAQ&#8217;s requirement for the migration, which included trading price per shares, liquidity requirements, operating history and a diversified shareholder list. The Company&#8217;s common shares began trading on the NASDAQ Global Market effective February 15, 2013. There is no impact on existing shareholders from this change in trading tiers.</FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 12.5pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</FONT></B></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 12.5pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</FONT></B></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 12.5pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2.</FONT></B><B><FONT style="LINE-HEIGHT: 12.5pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 12.5pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">BASIS OF PRESENTATION</FONT></B></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 12.5pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States of America (&#8220;US GAAP&#8221;). The basis of accounting differs from that used in the statutory financial statements of the Company&#8217;s subsidiaries and equity investee companies, which are prepared in accordance with the accounting principles generally accepted in their respective countries of incorporation.&nbsp; </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; All dollar amounts in the financial statements and in the notes herein are U.S. Dollars (&#8220;US$&#8221;) unless otherwise designated. </FONT></P>
<P style="TEXT-ALIGN: center">F-15</P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 12.5pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">3.</FONT></B><B><FONT style="LINE-HEIGHT: 12.5pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 12.5pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">CHANGES IN PRESENTATION OF COMPARATIVE FINANCIAL STATEMENTS</FONT></B></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.45pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">SPFO was consolidated prior to its disposal and it met the criteria for reporting as discontinued operations. Therefore, the results of operations of SPFO and the gain of the disposal have been classified as &#8220;Income from operations of discontinued SPFO&#8221; in the consolidated statements of operations for the year ended December 31, 2011 and prior period&#8217;s amounts have been reclassified accordingly.</FONT></P>
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<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">4.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES </FONT></B></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Principles of Consolidation</FONT></U></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The consolidated financial statements include the accounts of the Company and its subsidiaries.&nbsp; All intercompany accounts and transactions have been eliminated on consolidation.&nbsp; The Company&#8217;s investments for which its ownership exceeds 20%, but which are not majority-owned or controlled, are accounted for using the equity method if the Company has the ability to exercise significant influence over the companies&#8217; operating and financial policies. When the Company&#8217;s carrying value in an equity investee company is reduced to zero, no further losses are recorded in the Company&#8217;s consolidated financial statements unless the Company has guaranteed obligations of the investee company or has committed additional funding. When the investee company subsequently reports income, the Company will not record its share of such income until its previous share of losses has been recovered.</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Use of Estimates</FONT></U></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The preparation of the consolidated financial statements in conformity with generally accepted accounting principles accepted in the United States requires management to make estimates, judgements, and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Significant estimates reflected in the Company&#8217;s consolidated financial statements include, but are not limited to, useful lives and residual values of long-lived assets, impairment assessment of long-lived assets and goodwill, allowance for accounts and other receivable, accounting for deferred income tax, uncertain tax position, inventory valuation, valuation allowance of deferred tax assets and accrued rebate. Actual results could differ from those estimates.</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Cash and Cash Equivalents</FONT></U></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cash and cash equivalents include cash on hand, bank deposits and all short-term highly liquid investments with an original maturity of three months or less and are readily convertible to known amounts of cash. Investments with maturities of more than three months are classified as short-term bank deposits.</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Inventories&nbsp;</FONT></U></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Inventories are valued at the lower of cost or market. Cost is determined using the first-in, first-out or weighted average method.</FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">If the expected selling price less completion costs and costs to execute sales (market) is lower than the carrying amount, a write-down is charged to expenses in cost of sales for the amount by which the carrying amount exceeds its market. When the finished goods that were previously written down to market are subsequently sold at above market, a recovery is credited to cost of sales. See note 10 &#8211; Valuation and Qualifying Accounts. </FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Income Taxes</FONT></U></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Company follows the liability method of accounting for income taxes in accordance with ASC 740, &#8220;</FONT><I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Income Taxes</FONT></I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&#8221; (&#8220;ASC 740&#8221;). Under this method, deferred tax assets and liabilities are determined based on the difference between the financial reporting and tax bases of assets and liabilities using enacted tax rates that will be in effect in the period in which the differences are expected to reverse. </FONT></P>
<P style="TEXT-ALIGN: center">F-16</P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>
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<P style="MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">4.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES </FONT></B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Income Taxes (cont&#8217;d)</FONT></U></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.45pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Current income tax expense is the amount of income taxes expected to be payable for the current year. Deferred income tax balances reflect the effects of temporary differences between the carrying amounts of assets and liabilities and their tax basis and are stated at enacted tax rates expected to be in effect when taxes are actually paid or recovered. ASC 740, requires that deferred tax assets be evaluated for future realization and reduced by a valuation allowance to the extent the Company believes a portion will not be realized.&nbsp; The Company considers many factors when assessing the likelihood of future realization of its deferred tax assets, including its recent cumulative earnings experience and expectations of future taxable income by taxing jurisdiction, the carry-forward periods available to the Company for tax reporting purposes, and other relevant factors. Deferred income tax expense (benefit) is the net change during the year in the deferred income tax asset or liability.</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Company adopted the provisions of ASC 740 to</FONT><I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"> </FONT></I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">account for uncertainties in income taxes.&nbsp; ASC 740 contains a two-step approach to recognizing and measuring uncertain tax positions.&nbsp; The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any.&nbsp; The second step is to measure the tax benefit as the largest amount, which is more than 50% likely of being realized upon ultimate settlement.&nbsp; The Company considers many factors when evaluating and estimating its tax positions and tax benefits, which may require periodic adjustments and which may not accurately anticipate actual outcomes. The Company&#8217;s policy is to recognize interest expense and penalties related to income tax matters as a component of income tax expense.</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Property, Plant and Equipment</FONT></U></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Property, plant and equipment are stated at cost less depreciation and any impairment losses. Asset leases qualifying as capital leases are also included in property, plant and equipment. Major renewals and improvements are capitalized and minor replacements, maintenance, and repair expenses are charged to current operations as incurred. Depreciation is computed using the straight-line method over the estimated useful lives of the assets or the respective lease term, whichever is shorter, as follows:</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt">
<TABLE style="WIDTH: 80%" border=0 cellSpacing=0 cellPadding=0>
<TR>
     <TD width="30%">
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN-TOP: 0cm; MARGIN-BOTTOM: 0pt; MARGIN-RIGHT: 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Land </FONT></P>
</TD>
     <TD width="70%"><FONT style="FONT-SIZE: 11pt">Nil</FONT></TD></TR>
<TR>
     <TD width="30%">
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Land use rights </FONT></P>
</TD>
     <TD width="70%"><FONT style="FONT-SIZE: 11pt">15 - 50 years</FONT></TD></TR>
<TR>
     <TD width="30%">
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Buildings </FONT></P>
</TD>
     <TD width="70%"><FONT style="FONT-SIZE: 11pt">5 - 30 years</FONT></TD></TR>
<TR>
     <TD width="30%">
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Machinery and equipment </FONT></P>
</TD>
     <TD width="70%"><FONT style="FONT-SIZE: 11pt">5 - 10 years</FONT></TD></TR>
<TR>
     <TD width="30%">
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Motor vehicles </FONT></P>
</TD>
     <TD width="70%"><FONT style="FONT-SIZE: 11pt">3 - 10 years</FONT></TD></TR>
<TR>
     <TD width="30%">
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Office equipment </FONT></P>
</TD>
     <TD width="70%"><FONT style="FONT-SIZE: 11pt">3 - 10 years</FONT></TD></TR></TABLE></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Depreciation expenses were $6,857, $6,462 and $4,975 for the years ended December 31, 2010, 2011 and 2012, respectively. No depreciation expense is charged for construction in progress and machinery and equipment under installation.</FONT></FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Capitalized interest on construction in progress is added to the cost of the underlying asset and is depreciated over the estimated useful life of the asset in the same manner as the underlying asset. Interest capitalized for 2011 and 2012 amounted to $9 and $69, respectively. The capitalized interest was related to and has been included as part of the cost of Ningbo Pacific&#8217;s construction in progress.&nbsp; </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">When property, plant and equipment are retired, sold or otherwise disposed of, the asset&#8217;s carrying amount and related accumulated depreciation are removed from the accounts and any gain or loss is included in operations. </FONT></P>
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<P style="TEXT-ALIGN: center">F-17</P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>
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<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">4.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</FONT></B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"> (continued)</FONT></P>
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<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Property, Plant and Equipment (cont&#8217;d)</FONT></U></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0cm 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">In 2006, the Company terminated the Ningbo Pacific joint venture and liquidated its major equipment at the Ningbo Pacific facility. In October 2009, the Company has made a resolution to acquire an additional shareholding of Ningbo Pacific from the PRC joint venture partner. The acquisition was completed on July 22, 2012. The Company plans to resume manufacturing operation with the newly constructed facilities at the Ningbo Pacific site in 2013. </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=fuchsia face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Goodwill</FONT></U></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Goodwill represents the excess of the cost of purchased business over the fair value of the underlying net assets acquired. Goodwill, is not amortized, but tested for impairment at least annually or more frequently if circumstances indicate that impairment may exist.&nbsp; The Company determined it has three reporting units in which the entire goodwill was allocated to manufactured product segment.</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In accordance with ASC 350 </FONT><I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&#8220;Intangible &#8211; Goodwill and Others&#8221;</FONT></I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">, (&#8220;ASC 350&#8221;), the Company performs a two-step test to assess goodwill impairment. First, the Company identifies potential goodwill impairment by comparing the fair value of a reporting unit with its carrying amount, including goodwill. The Company determines fair value using a discounted cash flow approach and makes reference to the market capitalization of the Company. If the carrying amount of a reporting unit exceeds its fair value, the second step of the goodwill impairment test is performed to measure the amount of goodwill impairment loss. </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.45pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.45pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Based on the Company&#8217;s assessment conducted as of December 31, 2011, the Company recognized goodwill impairment charges of $8,791, and the carrying amount was $nil as of December 31, 2011 and 2012. See note 6 &#8211; Goodwill. </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Investments&nbsp;</FONT></U></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Management determines the appropriate classification of its investments at the time of purchase and re-evaluates such designation as of each balance sheet date.&nbsp; </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Company accounts for its investments in equity securities of privately-held companies as cost method investment in accordance to ASC 325</FONT><I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">, &#8220;Investments &#8211; Others&#8221;</FONT></I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"> as these securities do not have readily determinable fair value. Investments in which the Company does not have a controlling interest or an ownership voting interest to exert significant influence, and which are not publicly traded are accounted for at cost.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Company accounts for its investments in debt and equity securities that have readily determinable fair value using ASC 320</FONT><I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">, &#8220;Investments &#8211; Debt and Equity Securities&#8221;</FONT></I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">. Debt securities are classified as held-to-maturity when the Company has the positive intent and ability to hold the securities to maturity. Held-to-maturity securities are recorded as either short term or long term on the balance sheet, based on the contractual maturity date and are stated at amortized cost. Equity securities are classified as available-for-sale, as the Company does not trade in these securities, but rather they are held as longer term investments due to business relationships with the entities. Available-for-sale securities are carried at fair value,</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"> with the unrealized gains and losses, net of tax, reported in a separate component of shareholders&#8217; equity. </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Realized gains and losses and declines in values judged to be other-than-temporary on available-for-sale securities are included in investment income.&nbsp; The cost of securities sold is based on the specific identification method. Interest and dividends on securities classified as available-for-sale are included in investment income.</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Investments in entities in which the Company can exercise significant influence but does not own a majority equity interest or control are accounted for using the equity method of accounting under ASC 323, </FONT><I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&#8220;Investments&#8212;Equity Method and Joint Ventures&#8221; </FONT></I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(&#8220;ASC 323&#8221;), and included as investment in equity investees in the balance sheets. Under the equity method, the Company&#8217;s proportionate share of each equity investee&#8217;s net income or loss is included as share of income (losses) of equity investees in the statements of operations. An investor records its proportionate</FONT></P>
<P style="TEXT-ALIGN: center">F-18</P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>
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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">4.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES </FONT></B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Investments (cont&#8217;d)</FONT></U></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">share of equity adjustments for other comprehensive income (e.g. foreign currency items, etc) as increase or decrease to the investment account with corresponding adjustment in shareholders&#8217; equity. The Company evaluates investments in equity investees for impairment under ASC 323-10. An impairment loss on an investment in equity investee is recognized in the statements of operations when the decline in value is determined to be other-than-temporary.</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; A judgmental aspect of accounting for investments (including investments in equity investees) involves determining whether an other-than-temporary decline in value of the investment has been sustained.&nbsp; If it has been determined that an investment has sustained an other-than-temporary decline in its value, the investment is written down to its fair value, by a charge to statement of operations.&nbsp; Such evaluation is dependent on the specific facts and circumstances.&nbsp; Factors that are considered by the Company in determining whether an other-than-temporary decline in value has occurred include: the market value of the security in relation to its cost basis; the financial condition of the investee; and the intent and ability to retain the investment for a sufficient period of time to allow for recovery in the market value of the investments. </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">In 2010, 2011 and 2012, the Company recorded an impairment charge of $346, $nil and $nil, respectively, related to certain available-for-sale investments.&nbsp; </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Impairment of Long-Lived Assets, Other Than Goodwill</FONT></U></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Company accounts for impairment of long-lived assets in accordance with ASC 360</FONT><I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">, &#8220;Property, Plant and Equipment&#8221;</FONT></I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">.&nbsp; Long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable.&nbsp; In such instances, the Company estimates the undiscounted future cash flows that result from the use of the asset and its ultimate disposition.&nbsp; If the sum of the undiscounted cash flows is less than the carrying value, the Company recognizes an impairment loss, measured as the amount by which the carrying value exceeds the fair value of the asset group, determined principally using discounted cash flows.&nbsp; </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">In 2011, the Company recorded an impairment charge of $25 related to the damage to Siam Pacific&#8217;s machinery due to flooding in Thailand. The impairment was included in the line item, &#8220;Charges related to flooding&#8221; within operating expenses. See note 15.</FONT></P>
<P style="MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">In 2012, the Company recorded an impairment charge of $22 related to the impairment of a factory in Thailand (included in the manufactured products segment) that is not being used for operation.&nbsp; The impairment charge was recorded to reduce the carrying value of the identified assets to fair values. The fair values for the year 2012 have been determined based on valuation performed by an accredited independent appraiser. The valuation has been made on the assumption to sell the property interests on the open market in the neighborhood without the benefit of any deferred term contract, leaseback, joint venture, management agreement or any similar arrangement which would serve to increase the value of the property interests.</FONT></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt"><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Accounts Receivables and Allowance for Doubtful Accounts</FONT></U></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.2pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Accounts receivables are stated at face value less any allowance for doubtful accounts.&nbsp;The Company maintains allowance for doubtful accounts for estimated losses resulting from the inability of its customers to make the required payments. Management considers the following factors when determining the collectability of specific customer accounts: customer credit-worthiness, customer financial condition, past transaction history with the customer, current economic industry trends, and changes in customer payment terms. </FONT></P>
<P style="TEXT-ALIGN: center">F-19</P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>

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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -1pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">4.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES </FONT></B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(continued)&nbsp;</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -1pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -1pt; MARGIN: 0cm 0cm 0pt 36pt"><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Lease Obligations </FONT></U></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -1pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -1pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">In accordance with ASC 840, &#8220;</FONT><I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Leases&#8221;</FONT></I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">, leases for a lessee are classified at the inception date as either a capital lease or an operating lease. The Company assesses a lease to be a capital lease if any of the following conditions exist: a) ownership is transferred to the lessee by the end of the lease term, b) there is a bargain purchase option, c) the lease term is at least 75% of the property&#8217;s estimated remaining economic life or d) the present value of the minimum lease payments at the beginning of the lease term is 90% or more of the fair value of the leased property to the lessor at the inception date. A capital lease is accounted for as if there was an acquisition of an asset and an incurrence of an obligation at the inception of the lease. The capitalized lease obligation reflects the present value of future rental payments, discounted at the appropriate interest rates. The cost of the asset is amortized over the lease term. However, if ownership is transferred at the end of the lease term, the cost of the asset is amortized as set out above under property, plant and equipment. </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -1pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -1pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Operating lease expenses are recognized on a straight-line basis over the applicable lease term.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -1pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -1pt; MARGIN: 0cm 0cm 0pt 36pt"><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Revenue Recognition</FONT></U></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Revenue represents the invoiced value of goods sold, net of value added tax and returns, invoiced value on distribution activities, and service fee income on installation activities.&nbsp; Revenue is recognized to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. The following specific recognition criteria must also be met before revenue is recognized. </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Sales of manufactured goods and distributed products </FONT></I></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Company recognizes revenue from the sale of manufactured goods and distributed products upon passage of title to the customer that coincides with their delivery and acceptance. These revenue recognition are recognized in accordance with </FONT><I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">SEC Staff Accounting Bulletin (SAB) No. 104.</FONT></I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"> The Company recognizes its revenue of sale of distributed products at gross as the Company is the primary obligor in the transaction. </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Company classifies shipping and handling costs incurred within cost of sales.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Supply, Delivery and Installation</FONT></I></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Company&#8217;s supply, delivery and installation services are considered as multiple elements arrangements and are accounted for in accordance with ASC subtopic 605-25, <EM>&#8220;Revenue Recognition: Multiple-Element Arrangements&#8221;</EM> (&#8220;ASC 605-25&#8221;). Elements such as the sale of cables and the installation service are considered as&nbsp;separate elements contained in a single arrangement, or in related arrangements with the same customer. The Company allocates revenue to each element based on its relative fair value. The allocation of the fair value to the delivered elements is limited to the amount that is not contingent on future delivery of services or subject to customer-specified return or refund privileges. The Company prospectively adopted Accounting Standards Update ("ASU") N<FONT style="FONT-SIZE: 11pt" face="Times New Roman">o</FONT>. 2009-13, Multiple-Deliverable&nbsp;<FONT style="FONT-SIZE: 11pt" face="Times New Roman">Revenue Arrangements </FONT>(&#8220;ASU 2009-13&#8221;), a consensus of the FASB Emerging Issues Task Force that amends ASC 605-25, on January 1, 2011. </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">In accordance with ASU 2009-13, certain delivered items in multiple-element arrangements, which previously would not qualify for separate units of accounting due to the lack of vendor-specific objective evidence or third-party evidence of <FONT style="FONT-SIZE: 11pt" face="Times New Roman">the </FONT>selling price, are accounted for as separate units of accounting, to which the total consideration of the arrangements is allocated based on management&#8217;s best estimate of the&nbsp;selling price (&#8220;BESP&#8221;). We consider all reasonably available information in determining the BESP, including both market and entity-specific factors. The adoption of ASU 2009-13 does not have a material effect on our financial statements, the units of accounting and the pattern and timing of revenue recognition is not changed materially. </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The sale of cable is subject to acceptance by the SDI customer upon inspection which is carried out when the cable is laid. Revenue from installation is accounted for using the percentage-of-completion method, based on the customer certification of the distance of cable laid with respect to the estimated total contract revenue, and in accordance with ASC 605-35, <EM>&#8220;Revenue Recognition-Construction-<FONT style="FONT-SIZE: 11pt" face="Times New Roman">Type and Production-</FONT>Type Contracts&#8221;</EM>. The timing of revenue recognition of cables sales and installation services are substantially identical.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt">&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">When the current estimates of total contract revenue and contract cost indicate a loss, a provision for the entire loss on the contract shall be made. The recognition of provision for losses shall be in the period in which they become evident.&nbsp;</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt">&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt"><I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Bill-and-hold arrangements</FONT></I></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt">&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Company recognizes revenue of sale of cables under bill-and-hold arrangements requested by certain customers in Thailand, in accordance with SAB 104.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt">&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">As at December 31, 2010, 2011 and 2012, the revenue recognized under bill-and-hold arrangements where the cables were yet delivered was $17.9 million, $5.8 million and $nil, respectively.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt">&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center">F-20</P>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">4.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES </FONT></B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(continued)&nbsp;</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -39.6pt; MARGIN: 0cm 0cm 0pt 39.6pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Customers&#8217; incentive</FONT></I></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Company offers sales incentives in connection with power cable sales to wholesalers and distributors. These incentives include both rebates offered to customers for purchasing a certain volume of product during the year and settlement discounts for early payment of sales invoices. However, maximum amount is recorded if there is no reliable basis to measure a lower expected amount. Both forms of incentives are recognized as a reduction to gross sales.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">For the past five years up to December 31, 2012, customers only claim for rebates and the Company &nbsp;only allows such claims based on the amount to which they are legally entitled, instead of the potential maximum amount (i.e. amount payable for the highest volume targets) without exceptions. The Company reviewed rebate provision balances arising in 2011 and earlier that remained unclaimed as of December 31, 2012. As the policy has been strictly enforced for the past five years, the Company has established sufficient historical fact pattern to conclude that the likelihood that such customers will claim and receive the excess above their legal entitlement in the future is remote and the Company will continue to strictly enforce the policy. As a result, the Company wrote back such rebates and accounted for this as a change in estimate of accrued rebates. The reversal of the accrued rebates amounting to $2,116 ($0.15 per share - basic and diluted) was related to 2008 to 2011.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Foreign Currency Translation and Transactions</FONT></U></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The functional currency of the Company is U.S. Dollars and the functional currency of the Company&#8217;s international subsidiaries is generally the local currency or U.S. Dollars.&nbsp; For these subsidiaries, the Company translates the assets and liabilities at exchange rates in effect at the balance sheet date and income and expense accounts at average exchange rates during the year.&nbsp; Resulting currency translation adjustments are recorded directly to accumulated other comprehensive income within shareholders&#8217; equity.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Foreign currency transactions are recorded at the applicable rates of exchange in effect at the transaction dates. Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are remeasured at the applicable rates of exchange in effect at that date. Gains and losses from foreign currency transactions are recorded in the consolidated statements of operations.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Foreign Currency Forward Contracts</FONT></U></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Company recognizes derivative financial instruments in the consolidated financial statements at fair value regardless of the purposes or intent for holding the instrument. Changes in the fair value of derivative financial instruments are either recognized periodically in income or in shareholders&#8217; equity as a component of comprehensive income depending on whether the derivative financial instruments qualify for hedge accounting, and if so, whether they qualify as a fair value or cash flow hedge. </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt">&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Generally, changes in fair values of derivatives accounted for as fair value hedges are recorded in income along with the portions of the changes in the fair value of the hedged items that relate to the hedged risks. Changes in fair value of derivatives accounted for as cash flow hedges, to the extent they are effective as hedges, are recorded in other comprehensive income net of taxes. Changes in fair value of derivatives used as hedges of the net investment in foreign operations are reported in other comprehensive income as part of the cumulative translation adjustment. Changes in fair values of derivatives not qualifying as hedges are reported in the consolidated statements of operations.</FONT></P>

<P style="TEXT-ALIGN: center">F-21</P>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

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<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>

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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;</FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">4.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES </FONT></B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(continued)&nbsp;</FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Foreign Currency Forward Contracts (cont&#8217;d)</FONT></U></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">The Company&#8217;s subsidiaries use forward foreign exchange contracts to reduce their exposure to foreign currency risk for liabilities denominated in foreign currency. A forward foreign exchange contract obligates the Company to exchange predetermined amounts of specified foreign currencies at specified exchange rates on specified dates or to make an equivalent U.S. dollar payment equal to the value of such exchange.&nbsp; Realized and unrealized gains and losses on foreign exchange contracts are included as foreign exchange gains or losses in the consolidated statements of operations as such contracts do not qualify for hedge accounting.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012, the Company had outstanding forward exchange contracts with notional values of $2,317 and $nil, respectively. The outstanding forward exchange contracts as of December 31, 2011 matured on January 16, 2012. The Company records these contracts at fair value with the related gains of $nil, $64 and $nil, for the years ended December 31, 2010, 2011 and 2012, respectively in the consolidated statements of operations. </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Earnings (Loss) Per Share</FONT></U></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Basic and diluted earnings (loss) per share are calculated in accordance with ASC 260</FONT><I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">, &#8220;Earnings Per Share&#8221;</FONT></I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">.&nbsp; There are no dilutive equity instruments for all periods presented.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Comprehensive Income</FONT></U></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comprehensive income (loss) is defined as the changes in equity of the Company during a period from transactions and other events and circumstances excluding transactions resulting from investments by owners and distributions to owners. Among other disclosures, ASC 220, <EM><FONT style="FONT-SIZE: 11pt" face="Times New Roman">"</FONT>Comprehensive Income<FONT style="FONT-SIZE: 11pt" face="Times New Roman">"</FONT></EM>, requires that all items that are required to be recognized under current accounting standards as components of comprehensive income (loss) be reported in a financial statement that is displayed with the same prominence as other financial statements. For each of the periods presented, the Company&#8217;s comprehensive income (loss) includes net income (loss), currency translation adjustment, defined benefit pension plan and unrealized loss on sales of available-for-sale securities and is presented in the consolidated statement of operations and comprehensive income (loss). The Company adopted Accounting Standards Update (&#8220;ASU&#8221;) No. 2011-05 (&#8220;ASU 2011-05&#8221;), <EM><FONT style="FONT-SIZE: 11pt" face="Times New Roman">"</FONT>Comprehensive Income (Topic 220), Presentation of Comprehensive Income<FONT style="FONT-SIZE: 11pt" face="Times New Roman">"</FONT></EM>, in the year ended December 31, 2012 by presenting items of net income (loss) and other comprehensive income (loss) in two separate statements. Prior years&#8217; comparative information has been rearranged to conform to the presentation in accordance with ASU 2011-05.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt">&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt"><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Contingent Liability</FONT></U></P>

<P style="MARGIN: 0cm 0cm 0pt"><U></U>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">When a loss contingency is not both probable and estimable, the Company does not record an accrued liability but discloses the nature and the amount of the claim, if material. However,&nbsp;if the loss (or an additional loss in excess of the accrual) is at least reasonably possible, then the Company discloses an estimate of the loss or range of loss, if such estimate can be made and material, or states that such estimate is immaterial if it can be estimated but immaterial, or discloses that an estimate cannot be made. The assessment of whether a loss is probable or reasonably possible, and whether the loss or a range of loss is estimable, often involve complex judgments about future events. Management is often unable to estimate the loss or a range of loss, particularly where (i) the damages sought are indeterminate, (ii) the proceedings are in the early stages, or (iii) there is a lack of clear or consistent interpretation of laws specific to the industry-specific complaints among different jurisdictions. In such cases, there is considerable uncertainty regarding the timing or ultimate resolution of such matters, including eventual loss, fine, penalty or business impact, if any. </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt"><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT></U>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt"><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Fair Value Measurements</FONT></U></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt; TEXT-DECORATION: none" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">The Company has adopted the provisions of ASC 820</FONT><I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">, &#8220;Fair Value Measurements and Disclosures&#8221;</FONT></I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"> for financial assets and liabilities. Under ASC 820, the fair value is defined as the price that would have been received to sell an asset or paid to transfer a liability (i.e., the &#8220;exit price&#8221;) in an orderly transaction between market participants at the measurement date. </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">In determining fair value, the Company uses various valuation approaches. ASC 820 establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. Observable inputs are inputs that market participants would use in pricing the asset or liability developed based on market data obtained from sources independent of the Company. Unobservable inputs are inputs that reflect the Company&#8217;s assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. The hierarchy is broken down into three levels based on the observability of inputs as follows:</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -19.9pt; MARGIN: 0cm 0cm 0cm 54.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp; Level 1 - Valuations based on quoted prices in active markets for identical assets that the Company has the ability to access. Valuation adjustments and block discounts are not applied to Level 1 instruments. Since valuations are based on quoted prices that are readily and regularly <FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">available in an active market, valuation of these products does not entail a significant degree of judgment.</FONT></FONT></P>

<P style="TEXT-ALIGN: center">F-22 </P>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -19.9pt; MARGIN: 0cm 0cm 0cm 54.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; LINE-HEIGHT: 11pt; TEXT-INDENT: -10.9pt; MARGIN: 0cm 0cm 0cm 45.9pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp; Level 2 - Valuations based on one or more quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; LINE-HEIGHT: 11pt; TEXT-INDENT: -10.9pt; MARGIN: 0cm 0cm 0cm 45.9pt">&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; LINE-HEIGHT: 11pt; TEXT-INDENT: -10.9pt; MARGIN: 0cm 0cm 0cm 45.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8226;&nbsp;&nbsp; Level 3 - Valuations based on unobservable inputs which are supported by little or no market activity and significant to the overall fair value measurement.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -19.9pt; MARGIN: 0cm 0cm 0cm 54.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">The availability of observable inputs can vary from investment to investment and is affected by a wide variety of factors, including, for example, the type of investment, the liquidity of markets and other characteristics particular to the transaction. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment and the investments are categorized as Level 3. </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">The carrying amounts of financial instruments, including cash and cash equivalents, bank deposits, accounts receivable, short-term loans, accounts payable, and related party balances approximate their fair value due to the short-term maturities of such instruments.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt"><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Treasury Shares</FONT></U></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt; TEXT-DECORATION: none" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0cm 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">On August 28, 2012 the Company's board of directors authorized a share capital repurchase program for its common shares over the next twelve months. The Company repurchases its common shares from time to time in the open market and holds such shares as treasury stock. The Company applies the &#8220;cost method&#8221; and presents the cost to repurchase such shares as a reduction in shareholders&#8217; equity in accordance with ASC 505-30, <EM>&#8220;Treasury Stock&#8221;. </EM>During the year ended December 31, 2012, the Company repurchased a net total of 1,900 shares of common shares and the total cost is $6. Except for the shares repurchased as described above, there were no movements in the number of outstanding shares for all years presented.</FONT></P>

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<P style="MARGIN: 0cm 0cm 0pt 35.8pt"><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Recent Pronouncements</FONT></U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"> &nbsp;</FONT></P>

<P style="MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt; TEXT-DECORATION: none" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman">In February 2013, the Financial Accounting Standards Board issued ASU No. 2013-02, <EM><FONT face="Times New Roman">"</FONT>Comprehensive Income (Topic 220)<FONT face="Times New Roman">"</FONT></EM> (&#8220;ASU 2013-02&#8221;) to improve the reporting of reclassifications out of accumulated other comprehensive income (&#8220;AOCI&#8221;). This ASU sets requirements for presentation for significant items reclassified to net income in their entirety during the period and for items not reclassified to net income in their entirety during the period. It requires companies to present information about reclassifications out of accumulated other comprehensive income AOCI in one place and to present reclassifications by component when reporting changes in AOCI balances. The modifications to ASC 220 &#8220;</FONT><FONT style="FONT-SIZE: 11pt"><I><FONT style="LINE-HEIGHT: 11pt" lang=X-NONE face="times new roman">Comprehensive Income</FONT></I><FONT style="LINE-HEIGHT: 11pt" lang=X-NONE face="times new roman">&#8221; resulting from the issuance of ASU 2013-02 are effective for fiscal years beginning after December 15, 2012 and interim periods within those years. Early adoption is permitted. The adoption of ASU 2013-02 on January 1, 2013 is not expected to have a material impact on the Company&#8217;s consolidated financial statements.</FONT></FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="LINE-HEIGHT: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman">In March 2013, the Financial Accounting Standards Board issued ASU No. 2013-05, <EM><FONT style="FONT-SIZE: 11pt" face="Times New Roman">"</FONT>Foreign Currency Matters (Topic 830)<FONT style="FONT-SIZE: 11pt" face="Times New Roman">"</FONT></EM> (&#8220;ASU 2013-05&#8221;) Parent&#8217;s Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity . This ASU specifies that a cumulative translation adjustment (&#8220;CTA&#8221;) should be released into earnings when an entity ceases to have a controlling financial interest in a subsidiary or group of assets within a consolidated foreign entity and the sale or transfer results in the complete or substantially complete liquidation of the foreign entity. For sales of an equity method investment that is a foreign entity, a pro rata portion of CTA attributable to the investment would be recognized in earnings upon sale of the investment. When an entity sells either a part or all of its investment in a consolidated foreign entity, CTA would be recognized in earnings only if the sale results in the parent no longer having a controlling financial interest in the foreign entity. CTA would be recognized in earnings in a business combination achieved in stages (i.e., a step acquisition). The adoption of ASU 2013-05 on January 1, 2014 is not expected to have a material impact on the Company&#8217;s consolidated financial statements.</FONT></P>

<P style="TEXT-ALIGN: center">F-23 </P>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

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<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>

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<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>

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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">5.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">SHORT-TERM BANK DEPOSITS </FONT></B></P>

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   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 22pt; MARGIN: 0cm 0.7pt 0cm 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">As of December 31, </FONT></P></TD></TR>

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   <P style="TEXT-INDENT: 22pt; MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2011</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-INDENT: 22pt; MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2012</FONT></P></TD></TR>

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   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

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   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

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   <P style="MARGIN: 0cm 14.15pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Unrestricted short-term bank deposits</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 0.55pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 2,529</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 0.55pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 6,210</FONT></P></TD></TR>

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   <P style="TEXT-INDENT: -9pt; MARGIN: 0cm 14.15pt 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Restricted short-term bank deposits </FONT></P></TD>

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   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">12,024</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">11,217</FONT></P></TD></TR>

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   <P style="MARGIN: 0cm 73.35pt 0pt 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0.55pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 14,553</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0.55pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 17,427</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Short-term bank deposits are deposits with maturities of more than three months but less than one year. Restricted short-term bank deposits represent the amounts of cash pledged by two subsidiaries in Thailand to secure credit facilities granted by financial institutions. </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">These bank deposits bear interest rates ranging from 0.3% to 3.7% and 0.25% to 2.75% per annum as of December 31, 2011 and 2012, respectively.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">6.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">GOODWILL&nbsp;</FONT></B></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Goodwill of $8,801 as of December 31, 2010 relating to the manufactured products segment and the changes in the carrying amount of goodwill were as follows: </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

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<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

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   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Balance as of December 31, 2010</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 8,801</FONT></P></TD></TR>

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   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Disposal of a subsidiary </FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(10)</FONT></P></TD></TR>

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   <P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.55pt 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Impairment charge</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(8,791)</FONT></P></TD></TR>

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   <P style="MARGIN: 0cm 0.55pt 0pt 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Balance as of December 31, 2011</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ &#8211;</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The carrying amount of goodwill was $nil as of each of December 31, 2011 and 2012. </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.1pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.1pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">In accordance with ASC 350, the Company assessed the fair value of the reporting unit as of December 31, 2011. The Company adopted the discounted cash flow approach and, considering that the reporting unit constituted the majority of the overall consolidated group, by reference to the closing price of its common shares on that date as well as an assumed control premium. From January 2011 to December 2011, the stock market downturn caused a decline in the Company&#8217;s stock price by 54.8%, which resulted in a significant reduction in the Company&#8217;s market capitalization. As of December 31, 2011, the assessed fair value was below the carrying value of the reporting unit. The Company then performed a hypothetical purchase price allocation using the fair value of reporting unit and determined that the goodwill was fully impaired. As a result, the Company recognized a goodwill impairment charge of $8,791 for the year ended December 31, 2011 as a separate item in the consolidated statements of operations. </FONT></P>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

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<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>

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<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>

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<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">7.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">INVESTMENTS&nbsp;</FONT></B></P>

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<P style="TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">A summary of the carrying values and balance sheet classification of all investments in privately-held equity securities, debt, and equity securities was as follows:&nbsp; </FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">As of December 31,</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2011</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2012</FONT></P></TD></TR>

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   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Held-to-maturity securities</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 10.5pt 0pt 0cm; WORD-BREAK: break-all" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ &#8211;</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 7.1pt 0pt 0cm; WORD-BREAK: break-all" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 2,378</FONT></P></TD></TR>

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   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Short-term investments</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 15.85pt; MARGIN: 0cm 10.55pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 7.1pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2,378</FONT></P></TD></TR>

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   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Held-to-maturity securities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 10.5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ &#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 7.1pt 0pt 0cm; WORD-BREAK: break-all" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 360</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

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   <P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.55pt 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Equity securities in privately-held companies (cost method)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 15.85pt; MARGIN: 0cm 10.55pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">618</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 7.1pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">642</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 3.3pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 3.3pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.55pt 0pt 9pt"><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 3.3pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 15.85pt; MARGIN: 0cm 10.55pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 3.3pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 8pt; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 3.3pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 7.1pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 8pt; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 6pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 15.85pt; MARGIN: 0cm 10.55pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 7.1pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.55pt 0pt 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Long-term investments</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 15.85pt; MARGIN: 0cm 10.55pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">618</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 7.1pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">1,002</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 5.75pt">

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   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.75pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.75pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 10.55pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.75pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.75pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 7.1pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

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   <P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.55pt 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 10.55pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 7.1pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.55pt 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Total investments</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 10.55pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 618</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 7.1pt 0pt 0cm; WORD-BREAK: break-all" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 3,380</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.65pt; MARGIN: 0cm 0cm 0pt 35.65pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.65pt; MARGIN: 0cm 0cm 0pt 35.65pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Held-to-maturity securities are comprised of: &nbsp;</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.65pt; MARGIN: 0cm 0cm 0pt 35.65pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<DIV align=center>

<TABLE style="WIDTH: 100%" border=0 cellSpacing=0 cellPadding=0>



<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 3.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.5pt; PADDING-TOP: 0cm" vAlign=bottom width="24%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.5pt; PADDING-TOP: 0cm" vAlign=bottom width="24%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.5pt; PADDING-TOP: 0cm" vAlign=bottom width="22%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.5pt; PADDING-TOP: 0cm" vAlign=bottom width="30%" colSpan=2>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Investment carrying value at</FONT></P></DIV></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 3.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.5pt; PADDING-TOP: 0cm" vAlign=bottom width="24%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.5pt; PADDING-TOP: 0cm" vAlign=bottom width="24%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.5pt; PADDING-TOP: 0cm" vAlign=bottom width="22%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.5pt; PADDING-TOP: 0cm" vAlign=bottom width="30%" colSpan=2>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="times new roman">December 31,</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 3.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.5pt; PADDING-TOP: 0cm" vAlign=bottom width="24%">

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 3.9pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Nature</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.5pt; PADDING-TOP: 0cm" vAlign=bottom width="24%">

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0pt; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 3.9pt; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Contracted maturity</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.5pt; PADDING-TOP: 0cm" vAlign=bottom width="22%">

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0pt; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 3.9pt; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Interest rate</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.5pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 3.9pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2011</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.5pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 3.9pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2012</FONT></P></DIV></TD></TR>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 8.55pt; PADDING-TOP: 0cm" vAlign=top width="22%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 14.35pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Short-term held-to-maturity securities</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Two weeks to one month</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm" align=center><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm" align=center><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">3.8% to 4.7%</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm"><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm"><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">$ &#8211; </FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm"><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm"><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">$ 2,378</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 22.7pt">

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   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="times new roman">Subordinated debentures</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">10 years</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm" align=center><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">4.375%</FONT></P></TD>

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   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 3.9pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 22.7pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 3.9pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">360</FONT></P></DIV></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 22.7pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 22.7pt; PADDING-TOP: 0cm" vAlign=bottom width="24%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="times new roman">Total held-to-maturity </FONT></P></TD>

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   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 22.7pt; PADDING-TOP: 0cm" vAlign=bottom width="22%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 22.7pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">$ &#8211;</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 22.7pt; PADDING-TOP: 0cm" vAlign=bottom width="15%">

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-GB face="Times New Roman">$ 2,738</FONT></P></DIV></TD></TR></TABLE></DIV>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The investment is on a fixed or non-fixed income mature on or before the date of maturity. The Company recorded interest income related to short-term held-to-maturity securities amounting to $nil, $nil and $101 as a component of interest income for the years ended December 31, 2010, 2011 and 2012, respectively. The estimated fair value of the investment approximated its amortized cost and, therefore, there were no significant unrealized holding gains or losses. </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">In 2012, a Thai subsidiary invested $360 (Baht 11 million) in subordinated debentures of Bangkok Bank Public Company Limited. The debentures bear a fixed interest rate of 4.375% per annum with a maturity of ten years callable at the option of the issuer after five years. As the call option is clearly and closely related to the debt host contract, no bifurcation of embedded call option is required.&nbsp; The debentures are marketable and rated AA- by Fitch Rating (Thailand) Ltd. </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The investments in equity securities in privately-held companies are recorded at cost as their market value is not readily and publicly determinable. It consists of the investment in Thai Metal Processing Co., Ltd, (&#8220;TMP&#8221;) which is engaged in the fabrication of copper rods. The investments were not evaluated for impairment because the Company did not identify any events or changes in circumstances that may have a significant effect on the fair value of the investments. During the years ended December 31, 2010, 2011 and 2012, the Company received dividends of $106, $111 and $109 from TMP, respectively, which was recorded in other income in the consolidated statements of operations. </FONT></FONT></P>

<P style="TEXT-ALIGN: center">F-25 </P>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">8.</FONT></B><B><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">BANK LOANS AND OVERDRAFTS </FONT></B></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;</FONT></B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Bank&nbsp;</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"> loans and overdrafts consist of the following:</FONT></P>

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<TR style="HEIGHT: 12.4pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 12.4pt; PADDING-TOP: 0cm" vAlign=top rowSpan=2 width="70%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 12.5pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 12.4pt; PADDING-TOP: 0cm" vAlign=top width="30%" colSpan=2>

   <P style="TEXT-INDENT: 71.5pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 12.5pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></P></TD></TR>

<TR style="HEIGHT: 12.35pt">

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 12.5pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">As of December 31,</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 12.5pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 12.5pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2011</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 12.5pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2012</FONT></P></DIV></TD></TR>

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   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -5.95pt; MARGIN: 0cm 0cm 0pt 0pt"><FONT style="LINE-HEIGHT: 12.5pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Bank loans and overdrafts</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 12.5pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 13,886</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 12.5pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 23,844</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="TEXT-INDENT: -34.65pt; MARGIN: 0cm 0cm 0pt 28.75pt"><FONT style="LINE-HEIGHT: 12.5pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Trust receipts </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 22pt; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">38,927</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 22pt; MARGIN: 0cm 0cm 0pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">34,001</FONT></P></DIV></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="TEXT-INDENT: -7.35pt; MARGIN: 0cm 0cm 0pt 1.25pt"><FONT style="LINE-HEIGHT: 12.5pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Total bank loans and overdrafts</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 3pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 52,813 </FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 0cm 3pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 57,845 </FONT></P></DIV></TD></TR></TABLE></DIV>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Under the line of credit arrangements for short-term debt with the Company&#8217;s bankers, the Company may borrow up to approximately $336,053 (2011: $316,369) on such terms as the Company and the banks may mutually agree upon.&nbsp; These arrangements do not have termination dates but are reviewed annually for renewal.&nbsp; As of December 31, 2012, the unused portion of the credit lines was approximately $227,147</FONT><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"> (2011: </FONT><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">$224,640</FONT><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">)</FONT><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">, which included unused letters of credit amounting to </FONT><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$144,183 (2011: $128,409)</FONT><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">. Letters of credit are issued by the Company in the ordinary course of business through major financial institutions as required by certain vendor contracts. As of December 31, 2012, the Company had open letters of credit totaling </FONT><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$3<FONT style="FONT-SIZE: 11pt" face="Times New Roman">9</FONT>,793 (2011: $49,596).</FONT><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"> Liabilities relating to the letters of credit are included in current liabilities.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">The credit lines of the Company were collateralized by:</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt">&nbsp;</P>

<TABLE style="WIDTH: 96%; MARGIN-LEFT: 36pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD vAlign=top width="2%" noWrap>(i)</TD>

   <TD vAlign=top width="2%"></TD>

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   <P></P>

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 0pt; MARGIN: 0cm 0cm 0cm 0pt"><FONT style="FONT-SIZE: 11pt" lang=X-NONE face="times new roman"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Mortgage of the Company&#8217;s land, buildings, machinery and equipment with a total carrying amount of $16,383 at December 31, 2012 (2011: $15,792);</FONT></FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="2%" noWrap><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=X-NONE face="times new roman"></FONT></TD>

   <TD vAlign=top width="2%">&nbsp;</TD>

   <TD vAlign=top width="95%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt; MARGIN: 0cm 0cm 0cm 0pt"><FONT style="FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT></P>

   <P></P></TD></TR>

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   <TD vAlign=top width="2%" noWrap>(ii)<FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=X-NONE face="times new roman"> </FONT></TD>

   <TD vAlign=top width="2%"></TD>

   <TD vAlign=top width="95%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt; MARGIN: 0cm 0cm 0cm 0pt"><FONT style="FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT></P>

   <P align=justify><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Pledge of short-term deposits and accounts receivable of $11,217 at December 31, 2012 (2011: $12,024)</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman">; </FONT></P></TD></TR>

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   <TD vAlign=top width="2%" noWrap></TD>

   <TD vAlign=top width="2%">&nbsp;</TD>

   <TD vAlign=top width="95%">

   <P></P>

   <P></P></TD></TR>

<TR>

   <TD vAlign=top width="2%" noWrap><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman">(iii)</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=X-NONE face="times new roman">&nbsp;</FONT></TD>

   <TD vAlign=top width="2%"></TD>

   <TD vAlign=top width="95%" align=left>

   <P align=justify><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Pledge of not fewer than 161.5 million shares of Charoong Thai; and&nbsp;&nbsp;</FONT></P></TD></TR>

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   <TD vAlign=top width="2%">&nbsp;</TD>

   <TD vAlign=top width="95%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt; MARGIN: 0cm 0cm 0cm 0pt"><FONT style="FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT></P>

   <P></P></TD></TR>

<TR>

   <TD vAlign=top width="2%" noWrap><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman">(iv)</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=X-NONE face="times new roman">&nbsp;</FONT></TD>

   <TD vAlign=top width="2%"></TD>

   <TD vAlign=top width="95%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt; MARGIN: 0cm 0cm 0cm 0pt"><FONT style="FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT></P>

   <P align=justify><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Corporate guarantee issued by the Company and a subsidiary of the Company</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman">.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="2%" noWrap><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT></TD>

   <TD vAlign=top width="2%">&nbsp;</TD>

   <TD vAlign=top width="95%">

   <P></P>

   <P></P></TD></TR>

<TR>

   <TD vAlign=top width="2%" noWrap><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman">(v)</FONT></FONT></TD>

   <TD vAlign=top width="2%"></TD>

   <TD vAlign=top width="95%" align=left>

   <P></P>

   <P></P>

   <P align=justify><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">A trading facility was secured by all the assets and uncalled capital with total carrying amount of $35,425 of a subsidiary as at December 31, 2012 (2011: $31,414).</FONT></P></TD></TR></TABLE>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The weighted average interest rates on bank loans and overdrafts as of December 31, 2010, 2011 and 2012 were 3.6%, 3.7% and 3.4% per annum, respectively.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">During 2011, CCH (HK) entered into a bank loan agreement with Bangkok Bank Hong Kong Branch with a total loan amount of US$ 14 million and a trade facility of US$ 8 million. The loan carries an interest rate of SIBOR (Singapore Inter-bank Borrowing Rate) plus 2.5% for a period of 5.5 years, adjusted on a quarterly basis. The bank loan is guaranteed by the Company, as guarantor.&nbsp; As of December 31, 2011, CCH (HK) was not in compliance with certain financial and non-financial loan covenants and the loan became callable on demand. The outstanding balance was classified as current liabilities as of December 31, 2011. </FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">As of December 31, 2012, the loan was classified as current liabilities and it had been fully repaid subsequently.</FONT></P>

<P style="TEXT-ALIGN: center">F-26 </P>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0cm 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">9.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">EARNINGS (LOSS) PER SHARE </FONT></B></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 0cm; MARGIN: 0cm 0cm 0cm 34.5pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">The Company computes earnings (loss) per share in accordance with ASC 260</FONT><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"> &#8220;Earning Per Share</FONT></I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8221;. Basic net earnings (loss) per share is computed by dividing net income (loss) by the weighted-average number of common shares outstanding during the period. Diluted net earnings (loss) per share is computed by dividing net income (loss) by the sum of the weighted-average number of common shares outstanding and if dilutive, the potential common shares outstanding during the period. The treasury stock transaction resulted in an immediate reduction in outstanding shares used to calculate the weighted-average common shares outstanding for both basic and diluted earnings (loss) per share. Up to December 31, 2012, the Company had repurchased 1,900 shares.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0cm 71pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 0cm; MARGIN: 0cm 0cm 0cm 35pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">The following table sets forth the computation of basic and diluted earnings (loss) attributable to common shareholders per share:</FONT></P>

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   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman"></FONT></P></TD>

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   <P style="MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman"></FONT></P>

   <P style="MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></P>

   <P style="MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></P>

   <P style="MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></P>

   <P style="MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Year ended December 31,</FONT></P></TD></TR>

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   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="16%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman">2010</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="16%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman">2012</FONT></P></TD></TR>

<TR style="HEIGHT: 15pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="46%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Numerator:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="2%" noWrap>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="16%" noWrap>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="2%" noWrap>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="16%" noWrap>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="2%" noWrap>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="16%" noWrap>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 24.95pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" vAlign=bottom width="46%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Income (loss) attributable to APWC from continuing operations</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" noWrap>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman"></FONT></P>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman">$ 14,142 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman">$ (6,832)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman">$ 10,949</FONT></P></TD></TR>

<TR style="HEIGHT: 24.95pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" vAlign=bottom width="46%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Income (loss) attributable to APWC from discontinued operations</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" noWrap>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman">(2)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman">1,393 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman"></FONT><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 9pt" lang=EN-US face="Courier New">&#8211;&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman"> &nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 24.95pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" vAlign=bottom width="46%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Net income (loss) attributable to APWC</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" noWrap>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2.25pt double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=bottom width="16%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman">$ 14,140 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2.25pt double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=bottom width="16%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman">$ (5,439)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2.25pt double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=bottom width="16%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman">$ 10,949</FONT></P></TD></TR>

<TR style="HEIGHT: 31.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 31.2pt; PADDING-TOP: 0cm" vAlign=bottom width="46%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Denominator (in number of shares):</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 31.2pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" noWrap>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 31.2pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 31.2pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 31.2pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 31.2pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 31.2pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 31.2pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 31.2pt; PADDING-TOP: 0cm" vAlign=bottom width="46%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Weighted-average common shares outstanding - basic and diluted</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 31.2pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" noWrap>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 31.2pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman">13,830,769 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 31.2pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 31.2pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman">13,830,769 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 31.2pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 31.2pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman">13,830,751 </FONT></P></TD></TR>

<TR style="HEIGHT: 36.85pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 36.85pt; PADDING-TOP: 0cm" vAlign=bottom width="46%">

   <P style="MARGIN: 0cm 0cm 0pt"><B><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Earnings (loss) per share - basic and diluted</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 36.85pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" noWrap>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 36.85pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 36.85pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 36.85pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 36.85pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 36.85pt; PADDING-TOP: 0cm" vAlign=bottom width="16%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 24.95pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" width="46%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Continuing operations</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" width="2%" noWrap>

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" width="16%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman">$ 1.02 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" width="2%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" width="16%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman">$ (0.49)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" width="2%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" width="16%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman">$ 0.79</FONT></P></TD></TR>

<TR style="HEIGHT: 24.95pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" width="46%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Discontinued operations</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" width="2%" noWrap>

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" width="16%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 9pt" lang=EN-US face="Courier New">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" width="2%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" width="16%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman">0.10 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" width="2%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" width="16%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 9pt" lang=EN-US face="Courier New">&#8211;</FONT></P></TD></TR>

<TR style="HEIGHT: 24.95pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" vAlign=bottom width="46%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Total earnings (loss) per share - basic and diluted </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" noWrap>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2.25pt double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=bottom width="16%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman">$ 1.02 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2.25pt double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=bottom width="16%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman">$ (0.39)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2.25pt double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.95pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=bottom width="16%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=#000000 face="times new roman">$ 0.79</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 0cm; MARGIN: 0cm 0cm 0cm 34.5pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 0cm; MARGIN: 0cm 0cm 0cm 34.5pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Income from continuing operations attributable to non-controlling interests are $11,249, $2,902, $7,961 for the years ended December 31, 2010, 2011 and 2012, respectively. </FONT></P>

<P style="TEXT-ALIGN: center">F-27</P>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0cm 36pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11.5pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">10.</FONT></B><B><FONT style="LINE-HEIGHT: 11.5pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11.5pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">VALUATION AND QUALIFYING ACCOUNTS</FONT></B></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11.5pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="40%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Description</FONT></U></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Balance at beginning of year</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Net charge (credit) to income</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Deduction</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Currency translation adjustment</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 5pt 0cm 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Balance at </FONT><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">end of year</FONT></U></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="40%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -4.4pt; MARGIN: 0cm 5pt 0cm 0pt" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Year ended December 31, 2010:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="40%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 5pt 0cm 20pt" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Allowance for doubtful accounts</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 8,694</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ (1,317)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ (1,063)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 572</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 6,886</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="40%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 5pt 0cm 20pt" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Inventory impairment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="40%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 5pt 0cm 20pt" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">- Lower of cost or market </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">3,214</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(2,219)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">201</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">1,196</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="40%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 5pt 0cm 20pt" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">- Obsolescence</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">781</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">245</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">93 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">1,119</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="40%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 5pt 0cm 20pt" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Allowance for deferred tax assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">2,489</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">2,460</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(132)</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">4,817 </FONT></P></DIV></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="40%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -4.4pt; MARGIN: 0cm 5pt 0cm 0pt" align=left><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 15,178</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ (831)</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ (1,063)</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 734</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 14,018</FONT></P></DIV></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="40%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -4.4pt; MARGIN: 0cm 5pt 0cm 0pt" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Year ended December 31, 2011:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="40%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 5pt 0cm 20pt" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Allowance for doubtful accounts</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 6,886</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ (1,555)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ (664)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ (53)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 4,614</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="40%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 5pt 0cm 20pt" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Inventory impairment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="40%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 5pt 0cm 20pt" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">- Lower of cost or market </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">1,196</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">1,725</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(888)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(14)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">2,019</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="40%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 5pt 0cm 20pt" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">- Obsolescence</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">1,119</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">268</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(81) </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">1,306</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="40%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 5pt 0cm 20pt" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">- Charges related to flooding in </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Thailand </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">3,572</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(130)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">3,442</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="40%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 5pt 0cm 20pt" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Allowance for deferred tax assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">4,817</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(3,942)</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">875 </FONT></P></DIV></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="40%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -4.4pt; MARGIN: 0cm 5pt 0cm 0pt" align=left><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$14,018 </FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 68</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ (1,552)</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ (278)</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 12,256</FONT></P></DIV></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="40%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -4.4pt; MARGIN: 0cm 5pt 0cm 0pt" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Year ended December 31, 2012:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="40%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 5pt 0cm 20pt" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Allowance for doubtful accounts</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 4,614</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ (720)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ (1,425)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 111</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 2,580</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="40%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 5pt 0cm 20pt" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Inventory impairment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="40%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 5pt 0cm 20pt" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">- Lower of cost or market </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">2,019</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(1,789)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">34</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">264</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="40%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 5pt 0cm 20pt" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">- Obsolescence</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">1,306</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(21)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">53</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">1,338</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="40%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 5pt 0cm 20pt" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">- Charges related to flooding in Thailand</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">3,442</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(2,994)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">69</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">517</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="40%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 5pt 0cm 20pt" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Allowance for deferred tax assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">875</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">466</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="12%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">1,341 </FONT></P></DIV></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="40%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -4.4pt; MARGIN: 0cm 5pt 0cm 0pt" align=left><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; WORD-BREAK: break-all; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 12,256</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ (5,058)</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ (1,425)</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 267</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 6,040</FONT></P></DIV></TD></TR></TABLE></DIV>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">During 2010, the Company exercised rigorous controls over raw-material inventory and through long-term copper future contacts reduced its exposure to the fluctuations in market prices for copper, which resulted in a significant reduction in the inventory impairment. </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">During 2011, the decrease in commodity prices, including that of copper, resulted in a write-down of the cost of inventories as of December 31, 2011. Copper prices on the London Metal Exchange (the &#8220;LME&#8221;) fell from an average monthly price high of $9,555 in January 2011 to $7,657 in December 2011. As a result, inventory write-down to market of $1,725 was charged to cost of sales for the year ended December 31, 2011.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">During 2011, the Company recorded an impairment charge of $3,572 related to flooding in Thailand, and most of the damaged inventories were sold in 2012 (note 15).</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -35pt; MARGIN: 0cm 0cm 0pt 35pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">During 2012, copper price on the LME gradually rose to an average yearly price of $7,950. Therefore, the Company was able to sell its finished goods above the new cost basis after taking into account the impairment in the prior years.</FONT></P>

<P style="TEXT-ALIGN: left; MARGIN: 0cm 5pt 0cm 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</FONT></P>

<P style="TEXT-ALIGN: center">F-28</P></DIV>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">11.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">INCOME TAXES </FONT></B></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11.5pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Under current Bermuda law, the Company is not subject to tax on income or capital gains, nor is withholding tax of Bermuda imposed upon payments of dividends by the Company to its shareholders.</FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></B>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Company&#8217;s investments in the Operating Subsidiaries are held through subsidiaries incorporated in the British Virgin Islands (&#8220;BVI&#8221;). Under current BVI law, dividends from the BVI subsidiaries&#8217; investments are not subject to income taxes and no withholding tax is imposed on payments of dividends by the BVI subsidiaries to the Company.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Operating Subsidiaries and equity investees are governed by the income tax laws of Singapore, Thailand, Australia and the PRC.&nbsp; The corporate income tax rate in Singapore was 17% for each of the three years ended December 31, 2012, and there is no </FONT><FONT style="LINE-HEIGHT: 11pt; BACKGROUND: white; FONT-SIZE: 11pt" lang=EN-US face="times new roman">withholding tax on dividends applicable to the Company.&nbsp; For Thailand, the corporate income tax rate was 30% for each of the two years ended December 31, 2011 and a withholding tax of 10% is levied on dividends received by the Company.</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"> CTW is listed on Stock Exchange of Thailand (&#8220;SET&#8221;), its applicable corporate income rate was 25% for the first 300 million Baht of net profit and 30% for the amount exceeding 300 million Baht. The reduced rate of taxation applied for listed companies for three accounting periods from 2008 to 2010. </FONT><FONT style="LINE-HEIGHT: 11pt; BACKGROUND: white; FONT-SIZE: 11pt" lang=EN-US face="times new roman">As a part of an initiative to promote Thailand&#8217;s competitiveness, the Thai Government announced in Royal Decree (No. 530) to provide for a red</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">uction of corporate income tax from 30% to: (1) 23% for any accounting periods commencing between January 1, 2012 and December 31, 2012; (2) 20% from any accounting periods commencing between January 1, 2013 and December 31, 2014. In Australia, the corporate income tax rate was 30% for 2010/2011, 2011/2012 and 2012/2013 tax years. The applicable corporate income tax rate for the subsidiaries in the PRC was 25% for each of the three years ended December 31, 2012. </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.45pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.45pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Pursuant to the Corporate Income Tax Law (the CIT Law) of the PRC that came into effect on January 1, 2008, all the enterprises generally are subject to corporate income tax at an effective rate of 25% on income as reported in their statutory accounts. An enterprise located in specially-designated regions or cities and eligible for the preferential policy in the form of a reduced tax rate shall have five years from the time when the CIT Law takes effect to transition progressively to the legally prescribed tax rate. During this period, an enterprise that enjoyed the 15% corporate income tax rate shall be subject to the 18% tax rate for the year 2008, 20% for the year 2009, 22% for the year 2010, 24% for the year 2011, and 25% from the year 2012 onwards.&nbsp; </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">PEWS is located in Shenzhen, which is a region where preferential tax rates apply and qualified for a reduced rate of taxation of 22% and 24% for the years 2010 and 2011, respectively. PEWS is the only subsidiary of the Company in the PRC that qualified for the preferential tax rates under the CIT Law. For PEWS, the unified tax rate of 25% applied with effect from January 1, 2012. Under the CIT law, dividend distributions of profits earned prior to January 1, 2008 to foreign investor(s) are exempt from withholding tax; distribution of the profits earned after January 1, 2008 is subject to withholding tax of 10%, reduced to 5% under the Arrangement between the Mainland of China and the Hong Kong Special Administrative Region on the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income provided that the Hong Kong holding company, CCH (HK), qualifies as the &#8220;beneficial owner&#8221; of the dividend income under Cuoshuiban [2009] No.601.</FONT></P>

<P style="TEXT-ALIGN: center">F-29</P></DIV>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></B>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">11.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">INCOME TAXES </FONT></B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(continued)&nbsp;</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></B>&nbsp;</P>

<P style="TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Pre-tax income (loss) from continuing operations was taxed in the following jurisdictions:</FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" border=0 cellSpacing=0 cellPadding=0>



<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="43%" colSpan=5>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 8pt 0cm 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Year ended December 31,</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 8pt 0cm 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2010</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 8pt 0cm 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 8pt 0cm 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 8pt 0cm 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 8pt 0cm 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2012</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Thailand</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 24,750 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 8,760 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 21,728 </FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Singapore</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,671</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(80)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2,235</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Australia</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2,176</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">3,130</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">5,426</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 8pt 0cm 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">PRC</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">6,921</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">985</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(142)</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Others</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(3,665)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(12,101)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(1,933)</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0.55pt 0pt 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">31,853</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">694</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">27,314</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0.55pt 0pt 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Equity investees</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0cm 0pt 8.6pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Thailand</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(2)</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0cm 0pt 8.6pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">PRC</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(21)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(58)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(19)</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.55pt 0pt 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 31,832 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 636 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 27,293</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></B>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="LINE-HEIGHT: 0pt; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Significant components of the provision (benefit) for income taxes are as follows:</FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" border=0 cellSpacing=0 cellPadding=0>



<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="43%" colSpan=5>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 10pt 0cm 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Year ended December 31,</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=center>

   <P style="LINE-HEIGHT: 11pt; MARGIN-TOP: 0cm; MARGIN-BOTTOM: 0cm; MARGIN-LEFT: 0cm" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2010</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=center>

   <P style="MARGIN: 0cm 10pt 0cm 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=center>

   <P style="LINE-HEIGHT: 11pt; MARGIN-TOP: 0cm; MARGIN-BOTTOM: 0cm; MARGIN-LEFT: 0cm" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=center>

   <P style="MARGIN: 0cm 10pt 0cm 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=center>

   <P style="LINE-HEIGHT: 11pt; MARGIN-TOP: 0cm; MARGIN-BOTTOM: 0cm; MARGIN-LEFT: 0cm" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2012</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Allocated to net income (loss)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Current:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 8.6pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Thailand</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 4,069</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 4,869</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 4,442</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 8.6pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Singapore</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">382</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 8.6pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">PRC</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,324</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">679</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">149</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 8.6pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Australia</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">956</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,291</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,069</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.55pt 0pt 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Total current</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">6,349</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">6,839</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">6,042</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.55pt 0pt 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Deferred:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 8.6pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Thailand</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">170</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(1,446)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,583</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 8.6pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Singapore</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">59</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(154)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">512</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 8.6pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">PRC</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">197</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(43)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(192)</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 8.6pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Australia</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(262)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(316)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">438</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.55pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Total deferred</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">164</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(1,959)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2,341</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 31pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 31pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.55pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

   <P style="MARGIN: 0cm 0.55pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The benefits of operating loss carried forwards</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 31pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 31pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(72)</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 31pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 31pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(314)</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 31pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 31pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%"></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 6,441</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 4,566</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 8,383</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.55pt 0pt 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Allocated to other comprehensive income (loss)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 84</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ &#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ (1,045)</FONT></P></TD></TR></TABLE><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></DIV>

<P style="TEXT-ALIGN: center">F-30</P>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">11.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">INCOME TAXES </FONT></B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(continued)&nbsp;</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 6.2pt 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The parent company&#8217;s tax is filed in Bermuda, which does not have a statutory tax rate. The provision for income taxes differs based on the taxes incurred by the Operating Subsidiaries, in their respective jurisdiction. The Company determines its statutory tax rate based on its major commercial domicile that is its subsidiaries in Thailand. The reconciliation of the statutory tax rate and the Company&#8217;s effective tax rate is as follows:</FONT></P>

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   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Year ended December 31,</FONT></P></TD></TR>

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   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Income tax at statutory tax rate in:</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2010</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2012</FONT></P></TD></TR>

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   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 20pt; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 20pt; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 20pt; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 20pt; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 20pt; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

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   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Tax provision at statutory rate (23%)</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 9,608</FONT></P></TD>

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   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 191</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 6,277</FONT></P></TD></TR>

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   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

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   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Foreign income taxed at different rate </FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">881</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,350</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">692</FONT></P></TD></TR>

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   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Expenses not deductible for tax purpose</FONT></P></TD>

   <TD vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></P></TD>

   <TD vAlign=bottom width="13%" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,684</FONT></P></FONT></TD>

   <TD vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT></P></TD>

   <TD vAlign=bottom width="13%" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">753</FONT></P></FONT></TD>

   <TD vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT></P></TD>

   <TD vAlign=bottom width="13%" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">172</FONT></P></FONT></TD></TR>

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   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Impairment of goodwill not deductible for tax </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211; </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2,637 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211; </FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Written-off deferred tax assets arising from </FONT><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">liquidation of a subsidiary</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">3,633</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Reversal of valuation allowance arising from </FONT><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">liquidation of a subsidiary</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(3,633)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 5pt 0pt 0cm"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Utilization of prior year tax losses </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(6,186) </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211; </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.55pt 0pt 0cm"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Changes in valuation allowance </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2,473 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(291) </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">466</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Written-off deferred tax </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">215</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">184</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 5pt 0pt 0cm"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Tax exempt on income </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(2,583)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(1,453)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(99)</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 9pt 0pt 0cm"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Difference due to effect of tax holidays </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(583) </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211; </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211; </FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Unrecognized tax benefits </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">354</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,026</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">34</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Deferred tax liability arising from </FONT></P>

   <P style="MARGIN: 0cm 0.7pt 0pt 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">undistributed earnings</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">578</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">193</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">429</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="TEXT-INDENT: -11pt; MARGIN: 0cm 0.55pt 0pt 11pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Effect of temporary tax rate changes on deferred tax assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">862</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="TEXT-INDENT: -11pt; MARGIN: 0cm 0.7pt 0pt 11pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Effect of changes in temporary differences to realized in different periods with different enacted tax rates </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">408</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Withholding tax on dividends</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">427</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Others</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211; </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(702) </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(607) </FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.55pt 0pt 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Total tax income for the year</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 6,441</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 4,566</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 8,383 </FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Pacific Thai had deferred tax assets (mainly from prior year net operating losses) of $3,633 with a 100% valuation allowance as of December 31, 2010. Following the de-registration of Pacific Thai on January 5, 2011, its deferred tax assets could no longer be realized and thus were written off. The corresponding valuation allowance was reversed during the year. </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt">&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt 35.8pt">F-31</P></DIV>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">11.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">INCOME TAXES </FONT></B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(continued)&nbsp;</FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Deferred tax liabilities and assets comprised the following:</FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" border=0 cellSpacing=0 cellPadding=0>



<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="32%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 5pt 0cm 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">As of December 31,</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2011</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2012</FONT></P></DIV></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.55pt 0pt 0cm"><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.55pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Deferred tax liabilities:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.55pt 0pt 0cm"><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.55pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm 0.55pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0.55pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0pt 8.6pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Outside basis differences</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ (2,172)</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ (2,650)</FONT></P></DIV></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 5.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.8pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.8pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.8pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.8pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.8pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.55pt 0pt 8.6pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Total deferred tax liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(2,172)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(2,650)</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.55pt 0pt 0cm"><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.55pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0.55pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Deferred tax assets:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="TEXT-INDENT: 6.05pt; MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Unused tax losses </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,181</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,140</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="TEXT-INDENT: 6.05pt; MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Allowance for doubtful accounts</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">682</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">372</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="TEXT-INDENT: 6.05pt; MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Inventory impairment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">744</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">359</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="TEXT-INDENT: 6.05pt; MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Allowance for impairment in investment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">933</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">913</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="TEXT-INDENT: 6.05pt; MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Rebates and other accrued liabilities </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,980</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,299</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="TEXT-INDENT: 6.05pt; MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Unpaid retirement benefits </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">854</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">660</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="TEXT-INDENT: 6.05pt; MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Charges related to flooding in Thailand </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">874</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">8</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 3.15pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 3.15pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="TEXT-INDENT: 6.05pt; MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Deferred revenue and cost of sales</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 3.15pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 3.15pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">320</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 3.15pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 3.15pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">625</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="TEXT-INDENT: 6.05pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Actuarial loss</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,045</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="TEXT-INDENT: 6.05pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Unabsorbed depreciation</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">960</FONT></P></DIV></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 5.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.8pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="TEXT-INDENT: 6.05pt; MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.8pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.8pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.8pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.8pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="TEXT-INDENT: 6.05pt; MARGIN: 0cm 0.55pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Total deferred tax assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">7,568</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">7,381</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="TEXT-INDENT: 6.05pt; MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Valuation allowance for deferred tax assets (note 10)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(875)</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(1,341)</FONT></P></DIV></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 5.8pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.8pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="TEXT-INDENT: 6.05pt; MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.8pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.8pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.8pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.8pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="TEXT-INDENT: 6.05pt; MARGIN: 0cm 0.55pt 0pt 0cm"><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Total deferred tax assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">6,693</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">6,040</FONT></P></DIV></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 5.55pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.55pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.55pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.55pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.55pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.55pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.55pt 0pt 0pt"><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Net deferred tax assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 4,521</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 3,390</FONT></P></DIV></TD></TR></TABLE><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></DIV>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The amount of deferred tax liabilities and assets at December 31, 2011 and 2012 were as follows:</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" border=0 cellSpacing=0 cellPadding=0>



<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="32%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">As of December 31,</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2011</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2012</FONT></P></DIV></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Gross current deferred tax liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ (49)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ (63)</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Gross current deferred tax assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">5,234</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 8pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">3,282</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Valuation allowance for deferred tax assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(85)</FONT></P></DIV></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 6pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.55pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">5,234</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">3,197</FONT></P></DIV></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 5.75pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.75pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.75pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.75pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.75pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.75pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Net current deferred tax assets </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">5,185 </FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">3,134 </FONT></P></DIV></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Gross non-current deferred tax liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(2,123)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(2,587)</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Gross non-current deferred tax assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2,334</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">4,099 </FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Valuation allowance for deferred tax assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(875) </FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(1,256) </FONT></P></DIV></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 6pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.55pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,459 </FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2,843 </FONT></P></DIV></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 5.75pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.75pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.75pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.75pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.75pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.75pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Net non-current deferred tax (liabilities) assets </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(664) </FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">256 </FONT></P></DIV></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 5.75pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.75pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.75pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.75pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.75pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.75pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Net deferred tax assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 4,521</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 3,390</FONT></P></DIV></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: center">F-32</P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">11.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">INCOME TAXES </FONT></B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(continued)&nbsp;</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The deferred tax liabilities and assets are presented in the accompanying consolidated balance sheets as follows:</FONT></P>

<P style="MARGIN: 0cm 0cm 0pt 36pt">&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" border=0 cellSpacing=0 cellPadding=0>



<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="32%" colSpan=3>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.9pt; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">As of December 31,</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0pt; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: -0.9pt; MARGIN: 0cm 0cm 0pt 0.9pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2011</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.9pt; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0pt; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: -0.9pt; MARGIN: 0cm 0cm 0pt 0.9pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2012</FONT></P></DIV></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.9pt; MARGIN: 0cm 10pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.9pt; MARGIN: 0cm 10pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.9pt; MARGIN: 0cm 10pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Current </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.9pt; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.9pt; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.9pt; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Deferred tax assets </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 5,185 </FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="TEXT-INDENT: -0.9pt; MARGIN: 0cm 8pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 3,134 </FONT></P></DIV></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 6pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="TEXT-INDENT: -0.9pt; MARGIN: 0cm 8pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.55pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Total current </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">5,185</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="TEXT-INDENT: -0.9pt; MARGIN: 0cm 8pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">3,134</FONT></P></DIV></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 5.75pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.75pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.75pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.75pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.75pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="TEXT-INDENT: -0.9pt; MARGIN: 0cm 8pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.75pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="TEXT-INDENT: -0.9pt; MARGIN: 0cm 8pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Non-current</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="TEXT-INDENT: -0.9pt; MARGIN: 0cm 8pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Deferred tax assets </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">517 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="TEXT-INDENT: -0.9pt; MARGIN: 0cm 8pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2,475 </FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Deferred tax liabilities </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(1,181)</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="TEXT-INDENT: -0.9pt; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(2,219)</FONT></P></DIV></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.55pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Total non-current</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(664) </FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="TEXT-INDENT: -0.9pt; MARGIN: 0cm 8pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">256 </FONT></P></DIV></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 5.75pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.75pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.75pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.75pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.75pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="TEXT-INDENT: -0.9pt; MARGIN: 0cm 8pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.75pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=bottom width="66%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=bottom width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="TEXT-INDENT: -0.9pt; MARGIN: 0cm 8pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=bottom width="15%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 11.35pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 11.35pt; PADDING-TOP: 0cm" vAlign=bottom width="66%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Net deferred tax assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 11.35pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 11.35pt; PADDING-TOP: 0cm" vAlign=bottom width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 4,521</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 11.35pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="TEXT-INDENT: -0.9pt; MARGIN: 0cm 8pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 11.35pt; PADDING-TOP: 0cm" vAlign=bottom width="15%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 3,390</FONT></P></DIV></TD></TR></TABLE></DIV>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">As of December 31, 2011 and 2012, the Company has available unused net operating losses that may be applied against future taxable income and that expire as follows respectively:</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt">&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 15pt">

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=top width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Year of expiration</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0cm 0pt"><B><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="41%" noWrap>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2012</FONT></P></TD></TR>

<TR style="HEIGHT: 15pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="25%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2012</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="2%" noWrap>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="41%" noWrap>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="15%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 656</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="2%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="15%" noWrap align=right>

   <P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ </FONT><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&#8211;&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 15pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="25%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2013</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="2%" noWrap>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="41%" noWrap>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="15%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">461</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="2%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="15%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">477</FONT></P></TD></TR>

<TR style="HEIGHT: 15pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="25%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2014</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="2%" noWrap>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="41%" noWrap>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="15%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">853</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="2%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="15%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">864</FONT></P></TD></TR>

<TR style="HEIGHT: 15pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="25%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2015</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="2%" noWrap>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="41%" noWrap>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="15%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">356</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="2%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="15%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">361</FONT></P></TD></TR>

<TR style="HEIGHT: 15pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="25%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2016</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="2%" noWrap>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="41%" noWrap>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="15%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">839</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="2%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="15%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">856</FONT></P></TD></TR>

<TR style="HEIGHT: 15pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="25%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2017</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="2%" noWrap>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="41%" noWrap>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="15%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="2%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="15%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">1,661</FONT></P></TD></TR>

<TR style="HEIGHT: 15pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="25%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">No expiration</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="2%" noWrap>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="41%" noWrap>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="15%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">1,801</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="2%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="15%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&#8211;</FONT></P></TD></TR>

<TR style="HEIGHT: 15pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="27%" colSpan=2 noWrap>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="41%" noWrap>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2.25pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0cm" width="15%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 4,966</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; PADDING-TOP: 0cm" width="2%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2.25pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 15pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0cm" width="15%" noWrap align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 4,219</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 6.2pt 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The remaining net operating losses can be carried forward, subject to any condition to be met under the relevant tax laws of the respective jurisdictions. The utilization of these net operating loss carry forwards is subject to agreement by the income tax authorities in the respective jurisdictions.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center">F-33</P>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV></DIV>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">11.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">INCOME TAXES </FONT></B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(continued)&nbsp;</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">A reconciliation of the beginning and ending amounts of unrecognized tax benefits is as follows: </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%" border=0 cellSpacing=0 cellPadding=0>



<TR style="PAGE-BREAK-INSIDE: avoid">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="55%">

   <P style="MARGIN: 0in 0.7pt 0pt 0in"><B><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Change in Uncertain Tax Positions</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="45%" colSpan=6>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 5pt 0in 0in" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">As of December 31,</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="55%">

   <P style="MARGIN: 0in 0.7pt 0pt 0in"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0.7pt 0pt 0in" align=center><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="13%" align=center>

   <P style="MARGIN-TOP: 0in; MARGIN-BOTTOM: 0in; MARGIN-LEFT: 0in" align=center><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2010</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%" align=center>

   <P style="MARGIN-TOP: 0in; MARGIN-BOTTOM: 0in; MARGIN-LEFT: 0in" align=center><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="13%" align=center>

   <P style="MARGIN-TOP: 0in; MARGIN-BOTTOM: 0in; MARGIN-LEFT: 0in" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%" align=center>

   <P style="MARGIN-TOP: 0in; MARGIN-BOTTOM: 0in; MARGIN-LEFT: 0in" align=center><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="13%" align=center>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN-TOP: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; MARGIN-BOTTOM: 0in; MARGIN-LEFT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2012</FONT></P></DIV></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="55%">

   <P style="MARGIN: 0in 0.7pt 0pt 0in"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Balance at January 1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0.7pt 0pt 0in" align=center><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 2,198</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 2,332</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 2,640</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="55%">

   <P style="TEXT-INDENT: -11pt; MARGIN: 0in 63.8pt 0pt 16pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Additions based on tax positions related to the current year</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0.7pt 0pt 0in" align=center><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">134</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">308</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">28</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="55%">

   <P style="TEXT-INDENT: -11pt; MARGIN: 0in 63.8pt 0pt 16pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Additions for tax positions of prior years</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0.7pt 0pt 0in" align=center><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&#8211;</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="55%">

   <P style="TEXT-INDENT: -11pt; MARGIN: 0in 63.8pt 0pt 16pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Settlements</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0.7pt 0pt 0in" align=center><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&#8211;</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="55%">

   <P style="TEXT-INDENT: 5.5pt; MARGIN: 0in 0.55pt 0pt 0in"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Decrease due to lapses in statute of limitations</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0.7pt 0pt 0in" align=center><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; TEXT-INDENT: -33pt; MARGIN: 0in 0in 0pt 33pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(366)</FONT></P></DIV></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="55%">

   <P style="TEXT-INDENT: -9pt; MARGIN: 0in 0.7pt 0pt 9pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0.7pt 0pt 0in" align=center><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="55%">

   <P style="MARGIN: 0in 0.55pt 0pt 0pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Balance at December 31</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0.7pt 0pt 0in" align=center><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 3pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 2,332</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 3pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 2,640</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 3pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 2,302</FONT></P></DIV></TD></TR></TABLE><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></DIV>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Company is not expecting there would be any reasonably possible change in the total amounts of unrecognized tax benefits within twelve months of the reporting date. As of December 31, 2011 and 2012, the amount of unrecognized tax benefits (excluding interest and penalties) included in the consolidated balance sheets that would, if recognized, affect the effective tax rate is $2,640 and $2,302, respectively.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Company recognized interest expense and penalties related to income tax matters as a component of income tax expense. The amount of related interest and penalties the Company have provided as of the dates listed below were:</FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" border=0 cellSpacing=0 cellPadding=0>



<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="45%" colSpan=6>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 5pt 0cm 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">As of December 31,</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2010</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2011</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2012</FONT></P></DIV></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Accrued interest on unrecognized tax benefits</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="LINE-HEIGHT: 12pt; MARGIN: 0cm 7pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 1,373</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 7pt 0pt 0cm" align=right><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 1,783</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 7pt 0pt 0cm" align=right><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 2,143</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Accrued penalties on</FONT><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"> </FONT><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">unrecognized tax benefits </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 5pt 0cm 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,948</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 5pt 0cm 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2,256</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 5pt 0cm 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2,284</FONT></P></DIV></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="TEXT-INDENT: -11pt; MARGIN: 0cm 0cm 0pt 11pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Total accrued interest and penalties on unrecognized tax benefits</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 5pt 0cm 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 3,321</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 5pt 0cm 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 4,039</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 5pt 0cm 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 4,427</FONT></P></DIV></TD></TR></TABLE></DIV>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">As of December 31, 2011 and 2012, the Company is subject to taxation in the PRC, Australia, Thailand, and Singapore. The Company&#8217;s tax years from 2007 and forward are still subject to examination by the tax authorities in various tax jurisdictions.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Company recognized $74 and $142 in interest and penalties for the year ended December 31, 2010, $410 and $308 in interest and penalties for the year ended December 31, 2011<FONT style="FONT-SIZE: 11pt" face="Times New Roman">,</FONT> and $360 and $28 in interest and penalties for the year ended December 31, 2012, respectively.</FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center">F-34</P></DIV>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 35.4pt; MARGIN: 0cm 0cm 0pt 56.6pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">12.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">VALUE ADDED TAX (&#8220;VAT&#8221;)</FONT></B></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 37.2pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 37.2pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">According to the value-added tax policies of the relevant tax authorities, sales are subject to an output VAT, while the purchase of products is subject to an input VAT. VAT payable or receivable is the net difference between periodic output VAT and deductible input VAT. The revenue, expenses and assets are recognized net of the amount of VAT except where the VAT incurred in a purchase of assets or services is not recoverable from taxation authority, in which case the VAT is recognized as part of the cost of acquisition of the assets or as part of the expenses item as applicable. Receivables and payables are stated with the VAT incurred. The net amount of VAT recoverable from, or payable to, the taxation authority is included as part of prepaid expenses and other current assets on the balance sheet.</FONT></P>

<P style="TEXT-INDENT: 35.4pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: 35.4pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The VAT rates of our Operating Subsidiaries in various tax jurisdictions are:</FONT></P>

<P style="TEXT-INDENT: 35.4pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

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<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="39%">

   <P style="MARGIN: 0cm 0cm 0pt 22.5pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">PRC </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="60%">

   <P style="TEXT-INDENT: -0.05pt; MARGIN: 0cm 0cm 0pt 56.65pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">17%</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="39%">

   <P style="MARGIN: 0cm 0cm 0pt 22.5pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Singapore</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="60%">

   <P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt 56.6pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">7%</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="39%">

   <P style="MARGIN: 0cm 0cm 0pt 22.5pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Thailand</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="60%">

   <P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt 56.6pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">6%</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="39%">

   <P style="TEXT-INDENT: 22pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Australia </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="60%">

   <P style="TEXT-INDENT: -0.05pt; MARGIN: 0cm 0cm 0pt 56.65pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">10%</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></B>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></B>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0cm 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">13.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)</FONT></B></P>

<P style="MARGIN: 0cm"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0cm"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></B>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 37.2pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The changes in the balances of each component of accumulated other comprehensive income (loss) for the years ended December 31, 2010, 2011 and 2012 are as follows:</FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="48%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Currency translation adjustment</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Defined benefit pension plan</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Unrealized loss on available-for-sale securities and others</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Total</FONT></P></DIV></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="48%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -4.4pt; MARGIN: 0cm 5pt 0cm 0pt" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm 1.5pt 0pt 2pt" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="48%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Balance at January 1, 2010 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ (9,660)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ (68)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ (467)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ (10,195)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="48%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Current-period other comprehensive income (loss)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 18pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">12,027</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(472)</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 27pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(74)</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 18pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">11,481 </FONT></P></DIV></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="48%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Balance at December 31, 2010</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">$ 2,367</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">$ (540)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">$ (541)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">$ 1,286</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="48%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="48%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Current-period other comprehensive loss</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 22.5pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(931)</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(69)</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 31.5pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 18pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(1,000) </FONT></P></DIV></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="48%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="times new roman">Balance at December 31, 2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 1,436</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ (609)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ (541)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 286</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="48%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="48%">

   <P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Current-period other comprehensive income (loss)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 22.5pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">5,834</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 22.5pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">(696)</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 31.5pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: 22.5pt; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">5,138</FONT></P></DIV></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="48%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -4.4pt; MARGIN: 0cm 5pt 0cm 0pt" align=left><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">Balance at December 31, 2012</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 7,270</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ (1,305)</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ (541)</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">$ 5,424</FONT></P></DIV></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: center">F-35</P></DIV>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0cm"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></B>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0cm 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">14.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">COMMITMENTS AND CONTINGENCIES </FONT></B></P><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt; MARGIN: 0cm 0cm 0cm 36pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt; MARGIN: 0cm 0cm 0cm 36pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp; Leases</FONT></P></FONT>

<P style="LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt; MARGIN: 0cm 0cm 0pt 36pt">&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; LINE-HEIGHT: 11pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Company leases certain machinery and equipment under capital leases for 2011 and 2012.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; LINE-HEIGHT: 11pt; MARGIN: 0cm 0cm 0pt 72pt">&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; LINE-HEIGHT: 11pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Company leases a piece of land in Singapore and certain buildings under non-cancellable operating lease arrangements for terms from 5 to 30 years.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; LINE-HEIGHT: 11pt; MARGIN: 0cm 0cm 0pt 72pt">&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; LINE-HEIGHT: 11pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Future minimum payments under capital leases and non-cancellable operating leases with initial terms of one year or more consisted of the following as of December 31, 2012:</FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" border=0 cellSpacing=0 cellPadding=0>



<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Capital</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">leases</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Operating leases</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 2.85pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 2.85pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 2.85pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 2.85pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 2.85pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 2.85pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2013</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 5.5pt; MARGIN: 0cm 2.85pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 179</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 1,033</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2014</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 38.5pt; MARGIN: 0cm 2.85pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">47 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">682</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2015</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">30</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">276</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2016</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">5</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">187</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2017</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">186</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Thereafter</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2,317</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 6pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0.55pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Net minimum lease payments</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0pt 0cm; WORD-BREAK: break-all" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 261</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 4,681</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Less: amount representing interest</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(18)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 6pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Present value of net minimum lease payments</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 243</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Less: non-current portion included in other non-current liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(76)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Current portion included in other current liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0cm 0cm; WORD-BREAK: break-all" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 167</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 2.85pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center">F-36</P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_128"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader128"></a><DIV>

<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0cm 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">14.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">COMMITMENTS AND CONTINGENCIES </FONT></B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(continued)&nbsp;</FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(a)</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Leases (continued)</FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Rental expense consisted of the following:</FONT></P>

<P style="TEXT-INDENT: -72pt; MARGIN: 0cm 0cm 0pt 72pt">&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></P></TD>

   <TD vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></P></TD>

   <TD vAlign=top width="43%" colSpan=5 align=center>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></P>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></P>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></P>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></P><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">

   <P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Year ended December 31,</FONT></P></FONT></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2010</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2012</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 6pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 6pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 6pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 6pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 6pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 6pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 6pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Rentals under operating leases</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 937</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 911</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 1,196</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">The capital lease liabilities are secured by the leased machinery and equipment at cost of $195 and $199 as of December 31, 2011 and 2012, respectively. The accumulated depreciation of these leased assets as of December 31, 2011 and 2012 amounted to $97 and $147, respectively. The depreciation of machinery and equipment under capital leases are included in the depreciation expenses under costs of sales.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The average discount interest rate implicit in the lease is in the range of 6.58% to 8.78%, 6.5% to 8.73% and 6.5% to 8.77% for 2010, 2011 and 2012, respectively.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; LINE-HEIGHT: 11pt; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0cm 72pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(b)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">As of December 31, 2012, the Company and its subsidiaries had commitments to purchase raw materials totaling $184 million to $231.7 million (22,590 to 28,445 metric tons), from third parties at the prices stipulated in the contracts.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; LINE-HEIGHT: 11pt; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0cm 72pt">&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; LINE-HEIGHT: 11pt; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0cm 72pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(c)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">As of December 31, 2012, Charoong Thai and its subsidiaries had given continuing corporate guarantee of $10.8 million (2011: $9.7 million) in respect of banking facilities extended to two Operating Subsidiaries.</FONT></P>

<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; TEXT-INDENT: -36pt; MARGIN: 0cm 5pt 0cm 72pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; As of December 31, 2012, the Company provided a corporate guarantee not exceeding the sum of $31.2 million (2011: $26.3 million) for the bond performance and banking facility of Sigma Cable.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; As of December 31, 2012, there were outstanding bank guarantees of $30.9 million (2011: $18 million) issued by the banks on behalf of Charoong Thai and its subsidiaries in respect of certain performance bonds as required in the normal course of business of the companies.&nbsp; These guarantees generally expire within 1 year.</FONT></P>

<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 5pt 0cm 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0cm 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(d)</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">As of December 31, 2012, the Company and its subsidiaries had capital commitment relating to the construction of factory building improvement and acquisition of machinery, totaling $2.5 million (2011: $1 million).</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0cm 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0cm 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(e)</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">As of December 31, 2012, the Company and its subsidiaries had commitments in respect of repair and maintenance consulting services with unrelated parties and related parties totaling $0.2 million (2011: $0.1 million) and $nil (2011: $3.1 million) respectively.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0cm 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0cm 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(f)</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">As of December 31, 2012, the Company pledged 161.5 million shares of Charoong Thai for a $14 million term loan facility and a $8 million trade facilities of CCH HK.</FONT></P>

<P style="TEXT-ALIGN: center">F-37 </P>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.45pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0cm 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">14.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">COMMITMENTS AND CONTINGENCIES </FONT></B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(continued)&nbsp;</FONT></P>

<P style="MARGIN: 0cm 0cm 0cm 24pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0cm 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(g)</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">As disclosed in note 1, on June 28, 2007 SOF entered into a Shareholders&#8217; Agreement with the Company and PEWC. On March 27, 2009, SOF sold 10.2% of the issued and outstanding shares of the Company to PEWC. On July 1, 2011, SOF transferred its remaining 9.8% interest in the Company to COF, which became a party to the Amended Shareholders Agreement, which provides for the following:</FONT></P>

<P style="MARGIN: 0cm 0cm 0cm 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0cm 0cm 0cm 72pt"><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Indemnification</FONT></U></P>

<P style="MARGIN: 0cm 0cm 0cm 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0cm 0cm 0cm 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Company must certify to SOF (now became COF) whether or not it is considered a Controlled Foreign Corporation or a Passive Foreign Investment Company as of each fiscal year end. Should this certification be challenged by the taxing authorities and found to be incorrect, the Company must indemnify SOF (now became COF) and its shareholders against interest and penalties that may be imposed and reasonable attorney&#8217;s fees incurred.</FONT></P>

<P style="MARGIN: 0cm 0cm 0cm 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">It is management&#8217;s opinion that this indemnification will not result in any adverse material financial consequence to the Company.</FONT></P>

<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: left; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 5pt 0cm 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Controlled Foreign Corporation is any foreign corporation of which more than 50 </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">percent of either -</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(1) The total combined voting power of all classes of stock of the corporation entitled to vote; or </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(2) The total value of the stock of the corporation, is owned by United States shareholders on any day during the taxable year of such foreign corporation. The term &#8220;United States Shareholders&#8221; is defined to mean only U.S. shareholders holding blocks of 10% or more of the common shares. </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=#ff99cc face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 73.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Passive Foreign Investment Company (&#8220;PFIC&#8221;) has one of the following attributes:</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 73.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(1) At least 75% of the corporation's income is considered "passive", which is based on investments rather than standard operating business.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 73.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(2) At least 50% of the company's assets are investments that produce interest, dividends and/or capital gains. </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 73.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 73.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">PFICs include foreign-based mutual funds, partnerships and other pooled investment vehicles that have at least one U.S. shareholder.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 73.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=#ff99cc face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 72pt"><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Registration Rights</FONT></U></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Company has prepared and filed with the SEC a registration statement on Form F-1 (now converted to Form F-3) covering the resale of the &#8220;Registrable Securities&#8221; for an offering to be made on a continuous basis pursuant to Rule 415 of the Securities Act of 1933, which registration statement was declared effective under the Securities Act by the SEC on March 11, 2009</FONT><FONT style="LINE-HEIGHT: 11pt; LETTER-SPACING: 0pt; FONT-SIZE: 11pt; TEXT-DECORATION: none" lang=EN-US color=blue face="times new roman">, </FONT><FONT style="LINE-HEIGHT: 11pt; LETTER-SPACING: 0pt; FONT-SIZE: 11pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="times new roman">but requires updating by means of incorporation by reference of futures filings with the SEC or the filing of a post-effective amendment to include the most recent annual audited financial statements, and, from time to time, unaudited financial statements for the six month period then ended</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">. &nbsp;&#8220;Registrable Securities&#8221; includes the shares beneficially owned by COF and the 10.2% of the common shares acquired by PEWC from SOF in March 2009.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Subject to the Amended Shareholders&#8217; Agreement, the Company must use its reasonable best efforts to keep such registration statement continuously effective until (i) all Registrable Securities either have been sold or may be sold without volume restrictions pursuant to Rule 144 of the Securities Act of 1933 and (ii) COF receives freely transferable shares from the Company&#8217;s transfer agent.</FONT></P>

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<P style="TEXT-ALIGN: center">F-38 </P>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0cm 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">14.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">COMMITMENTS AND CONTINGENCIES </FONT></B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(continued)&nbsp;</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 72pt"><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Registration Rights (cont&#8217;d)</FONT></U></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">If any such registration statement ceases to remain continuously effective for any reason after the effective date and during any time when the registration statement is required to be effective, or SOF (now became COF) is otherwise not permitted to utilize the prospectus therein to resell such Registrable Securities, in either case, for more than thirty (30) consecutive trading days or more than an aggregate of sixty (60) trading days during any twelve month period (an &#8220; Event &#8221;), then the &#8220;Put Right&#8221; (as explained in note 1) will become immediately exercisable and will continue until such event has been cured.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0cm 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">15.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">FLOODING IN THAILAND</FONT></B></P>

<P style="MARGIN: 0cm 0cm 0pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></B>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -33.05pt; MARGIN: 0cm 0cm 0pt 33.05pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Siam Pacific, a wholly owned subsidiary of Charoong Thai, suspended operations temporarily in 2011 due to damage sustained from the region&#8217;s flooding. The facilities of Siam Pacific, located 30 kilometers north of Bangkok, manufactures enameled wire and communication wire. The facility sustained water damage, as the water level reached approximately 1.5 meters which damaged some of the machinery and equipment in the plant, as well as some of the inventories in the warehouse. As a result, the Company recorded $3,947 and $888 of flood-related charges, including property, plant and equipment impairments, repairing charges and a write-down of damaged inventory and recognized $874 and $8 of deferred tax assets related to the charges in 2011 and 2012, respectively. These charges are separately stated as a line item, &#8220;Charges related to flooding&#8221; included in operating expense on the consolidated statement of operations. </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -33pt; MARGIN: 0cm 0cm 0pt 33pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 34.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The following table summarizes the flood related charges for the years ended December 31, 2011 and 2012:</FONT></P>

<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" border=0 cellSpacing=0 cellPadding=0>



<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 73.35pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="28%" colSpan=3 align=center>

   <P style="TEXT-INDENT: 1pt; MARGIN: 0cm 0.7pt 0cm 0cm" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Year ended December 31, </FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 73.35pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=center>

   <P style="TEXT-INDENT: 1pt; MARGIN: 0cm 0.7pt 0cm 0cm" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=center>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=center>

   <P style="TEXT-INDENT: 1pt; MARGIN: 0cm 0.7pt 0cm 0cm" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2012</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 73.35pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 14.15pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Inventory write-down</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 0.55pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 3,572</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 0.55pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&#8211;&nbsp;</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 14.15pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Property, plant and equipment impairment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 0.55pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">25</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 0.55pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&#8211;</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="TEXT-INDENT: -9pt; MARGIN: 0cm 14.15pt 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Repairing charges</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">350</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">888</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 73.35pt 0pt 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Total charges</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0.55pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 3,947</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>

   <P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0.55pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 888</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 34.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Company&#8217;s insurance policy covers the flood damage to the building, machinery, and inventory; however, it does not cover losses incurred due to the business disruption. The process of submitting claims to the Company&#8217;s insurers was ongoing and the Company was unable to determine of the amount of losses to be recovered from the insurance company in 2011. </FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 5pt 0cm 35pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">During the year ended December 31, 2012, Siam Pacific received a letter which confirmed the settlement amount of $4.8 million (Baht 149 million) from an independent surveyor on behalf of the insurance company. The Company recorded the compensation of $4.8 million as a component of in the consolidated statement of operations in the year ended December 31, 2012. During the year ended December 31, 2012, Siam Pacific received payment of $3.5 million (Baht 109 million) and Siam Pacific expected that the remaining of $1.3 million will be received within six months after the balance sheet date and recorded as prepaid expenses and other current assets on the balance sheet.</FONT></P>

<P style="TEXT-ALIGN: center">F-39</P></DIV>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0cm 0cm 0pt 18pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">16.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">FAIR VALUE DISCLOSURES</FONT></B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;</FONT></P>

<P style="TEXT-INDENT: -72pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt; MARGIN: 0cm 0cm 0pt 35.45pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">The following methods and assumptions were used by the Company in estimating its fair value disclosures for financial instruments:</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -35.45pt; MARGIN: 0cm 0cm 0pt 35.45pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt; MARGIN: 0cm 0cm 0pt 35.45pt"><U><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Cash and cash equivalents</FONT></U><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">:&nbsp; The carrying amount reported in the balance sheet for cash and cash equivalents approximates its fair value because of the short-term maturity of these instruments.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN-LEFT: 35.45pt"><U><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Bank deposits</FONT></U><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">:&nbsp; The carrying amount reported in the balance sheet for bank deposits approximates its fair value because of the short-term maturity of these instruments.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt; MARGIN: 0cm 0cm 0cm 35.45pt"><U><FONT style="FONT-SIZE: 11pt" lang=X-NONE face="times new roman">Accounts receivable and accounts payable</FONT></U><FONT style="FONT-SIZE: 11pt" lang=X-NONE face="times new roman">:&nbsp; The carrying amounts reported in the balance sheet for accounts receivable and accounts payable approximate their fair values because of the short-term maturity of these instruments.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -35.45pt; MARGIN: 0cm 0cm 0pt 35.45pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt; MARGIN: 0cm 0cm 0cm 35.45pt"><U><FONT style="FONT-SIZE: 11pt" lang=X-NONE face="times new roman">Related party balances</FONT></U><FONT style="FONT-SIZE: 11pt" lang=X-NONE face="times new roman">:&nbsp; The carrying amounts reported in the balance sheet for related party balances approximate their fair values because of the short-term maturity of these instruments.</FONT></P>

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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.1pt"><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Short-term loan</FONT></U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">: The carrying amounts of the Company&#8217;s borrowings under its short-term revolving credit arrangements approximate their fair values. The fair value of the non-interest bearing short-term loan from related parties approximates to its carrying amount as it is repayable on demand. &nbsp;</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 2.75pt; MARGIN: 0cm 0cm 0pt 71.5pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt; TEXT-DECORATION: none" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt"><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Foreign currency forward contracts</FONT></U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">: The fair values of foreign currency forward contracts are estimated by reference to market quotations for forward contracts with similar terms, adjusted where necessary for maturity differences. The foreign currency forward contracts are classified within Level 2 as the valuation inputs are based on quoted prices and market observable data of similar instruments. </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 2.75pt; MARGIN: 0cm 0cm 0pt 28.3pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.8pt"><U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Held-to-maturity securities</FONT></U><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">: Held-to-maturity securities are recorded as either short term or long term on the balance sheet, based on contractual maturity date and are stated at amortized cost. The maturity for short term held-to-maturity securities are less than one year, the estimated fair value approximated its amortized cost. The maturity for the investment in subordinated debentures is ten years and the debentures is marketable. The market yield is close to coupon rate, the fair value approximated its amortized cost as of December 31, 2012.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -72pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">17.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">CONCENTRATIONS OF RISKS</FONT></B></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -72pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36.55pt; MARGIN: 0cm 0cm 0cm 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(a)</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Concentrations of credit risk</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -72pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Financial instruments that potentially subject the Company to significant concentrations of credit risk consist principally of cash and cash equivalents, bank deposits, held-to-maturity securities, and accounts receivable.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -72pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Company maintains cash and cash equivalents with various financial institutions. These financial institutions are located in Singapore, Thailand, Australia, Hong Kong and the People&#8217;s Republic of China. The Company&#8217;s policy is designed to limit its exposure to any one institution. The Company performs periodic evaluations of the relative credit standing of those financial institutions that are considered in the Company&#8217;s investment strategy.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -72pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; LINE-HEIGHT: 11pt; TEXT-INDENT: 0pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Concentrations of credit risk with respect to accounts receivable are limited due to the large number of entities comprising the Company&#8217;s customer base. The Company carefully assesses the financial strength of its customers and generally does not require any collateral. At December 31, 2012, one Singapore subsidiary&#8217;s customer accounted for 10% of the Company&#8217;s accounts receivable. The Company&#8217;s exposure to credit risk arises from default of counterparty, with maximum exposure equal to the carrying amount of these financial instruments.&nbsp; </FONT></P>

<P style="TEXT-ALIGN: center">F-40 </P>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-INDENT: -72pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">17.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">CONCENTRATIONS OF RISKS </FONT></B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(continued)&nbsp;</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -72pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -55pt; MARGIN: 0cm 0cm 0cm 90pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(a)</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Concentrations of credit risk (cont&#8217;d)</FONT></P>

<P style="TEXT-INDENT: -72pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -1.1pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Company is exposed to credit loss in the event of non-performance by counter parties on foreign exchange contracts, but the Company does not anticipate non-performance by any counter parties.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -1.1pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -35pt; MARGIN: 0cm 0cm 0cm 70pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(b)</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Concentrations of customers</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 69.8pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">No single customer accounted for more than 10% of the total revenue for the years ended December 31, 2010, 2011 and 2012.&nbsp;&nbsp;&nbsp; </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -55pt; MARGIN: 0cm 0cm 0cm 90pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(c)</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Risk related to copper and supplier</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -72pt; MARGIN: 0cm 0cm 0cm 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 8pt" lang=X-NONE face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 70pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Copper is the principal raw material used by the Company. The Company purchases copper at prices closely related to the prevailing international spot market prices on the London Metal Exchange for copper. The price of copper is influenced heavily by global supply and demand as well as speculative trading. Consequently, a change in the price of copper will have a direct effect on the Company&#8217;s cost of sales.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 70pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 70pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Substantially all of the Company&#8217;s copper rods are supplied by PEWC. In addition to copper rod, the Company purchases high voltage power cable from PEWC for distribution purposes. </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -1.1pt; MARGIN: 0cm 0cm 0pt 71.1pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -55pt; MARGIN: 0cm 0cm 0cm 90pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(d)</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Foreign exchange risk</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -35.45pt; MARGIN: 0cm 0cm 0pt 70.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Changes in exchange rates influence the Company&#8217;s results of operations. The Company&#8217;s principal operations are located in Thailand, the PRC and Singapore and a substantial portion of its revenues are denominated in Thai Baht, U.S. Dollars or Singapore Dollars, whereas a substantial portion of the Company&#8217;s cost of sales are denominated in U.S. Dollars. Any devaluation of the Thai Baht or Singapore dollar against the US dollar would have an adverse impact on the operations of the Company.&nbsp; </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -1.1pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -24pt; MARGIN: 0cm 0cm 0cm 60pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(f)</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Current vulnerability due to certain other concentrations</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 60pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 70.9pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Company conducts substantial business operations in the PRC. The results of operations and prospects may be adversely affected by significant economic, legal and other developments in the PRC. Although the PRC government has been pursuing economic reform policies for more than 20 years, no assurance can be given that the PRC government will continue to pursue such policies or that such policies may not be significantly altered, especially in the event of a change in leadership, social or political disruption or unforeseen circumstances affecting the PRC&#8217;s political, economic and social conditions. There is also no guarantee that the PRC government&#8217;s pursuit of economic reforms will be consistent or effective.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 70.9pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -24pt; MARGIN: 0cm 0cm 0cm 60pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(g)</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;C</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 11pt" lang=EN-US face="times new roman">oncentration in the geographic area</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0cm 60pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 70.9pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Company conducts substantial business operations in the Thailand, PRC, Singapore and Australia. See note 21 &#8211; Segment Financial Information for details.</FONT></P>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 70.9pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="times new roman">&nbsp;&nbsp;</FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">18.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">RELATED PARTY BALANCES AND TRANSACTIONS&nbsp;&nbsp; </FONT></B></P>

<P style="MARGIN: 0cm 0cm 0pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></B>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 0.05pt; MARGIN: 0cm 0cm 0pt 35.4pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The related parties are defined as affiliates of the Company; entities for which investments are accounted for by the equity method by the Company; the principal owners of the Company; its management; members of the immediate families of the principal owners of the Company and its management.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 0.05pt; MARGIN: 0cm 0cm 0pt 35.4pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Moon View Venture Limited (&#8220;Moon View&#8221;), PEWC, Singapore Branch and PEWC Singapore Co. (Pte) Ltd. are controlled by PEWC.&nbsp; Moon View is the immediate holding company of the Company. Italian-Thai Development Public Company Limited (&#8220;Italian-Thai&#8221;) is the noncontrolling shareholder of one of the Company&#8217;s Operating Subsidiaries in Thailand. SPHC is one of the Company&#8217;s equity investees. Fujikura Limited is a noncontrolling shareholder of one of the Company&#8217;s Operating Subsidiaries in Thailand. </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" border=0 cellSpacing=0 cellPadding=0>



<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="28%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">As of December 31, </FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2012</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Due from:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">PEWC</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 1,797</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 542</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">PEWC, Singapore Branch</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,071</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,101</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -8.6pt; MARGIN: 0cm 0.55pt 0pt 8.6pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Italian-Thai and its affiliates</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,180</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2,096 </FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">SPHC</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,179</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">327 </FONT></P></DIV></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0cm 0.55pt 0pt 9pt"><FONT style="LINE-HEIGHT: 15pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 15pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 5,227</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 4,066 </FONT></P></DIV></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0cm 0.55pt 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Due to:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-GB face="Times New Roman">PEWC</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 9,490</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 7,513 </FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">PEWC, Singapore Branch</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">893</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">892</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">PEWC Singapore Co. (Pte) Ltd.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,276</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,185 </FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Fujikura Limited</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">184 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">226 </FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">TMP</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">60 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">119 </FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -8.6pt; MARGIN: 0cm 0.55pt 0pt 8.6pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">SPHC</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2,384 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,493 </FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Shandong Huayu</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">406</FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></DIV></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0cm 0.55pt 0pt 9pt"><FONT style="LINE-HEIGHT: 15pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 15pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 14,693 </FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 11,428 </FONT></P></DIV></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0cm 0.55pt 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Short-term loan from:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Moon View</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 5pt 0cm 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 1,732 </FONT></P></DIV></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 5pt 0cm 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 1,732</FONT></P></DIV></TD></TR></TABLE></DIV>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The interest rates on the short-term loan from Moon View range from 1.36% to 1.58% and are repayable upon demand. All balances with related parties are unsecured.</FONT></P>

<P style="TEXT-ALIGN: center">F-42</P></DIV>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">18.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">RELATED PARTY BALANCES AND TRANSACTIONS</FONT></B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"> (continued)</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 12pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The transactions undertaken with related parties are summarized as follows:</FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" border=0 cellSpacing=0 cellPadding=0>



<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="43%" colSpan=5>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Year ended December 31, </FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2010</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2012</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Purchases of copper from PEWC</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 42,236 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 44,466 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 21,443 </FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Purchases of power cables from PEWC</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">3,846</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">7,164</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">8,705</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="TEXT-INDENT: -14.2pt; MARGIN: 0cm 0.7pt 0pt 14.2pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Purchases of raw materials from TMP</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,153</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,139</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,340</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="TEXT-INDENT: -5.5pt; MARGIN: 0cm 0.7pt 0pt 5.5pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Purchases of goods from PEWC</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">210</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">320</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">378</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="TEXT-INDENT: -5.5pt; MARGIN: 0cm 0.7pt 0pt 5.5pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Purchases of goods from Fujikura Limited</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2,536</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">1,348</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">1,074</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Purchases of machinery from PEWC</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">203</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Sales to Italian Thai and its affiliates</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">3,741</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">3,663</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2,563</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="TEXT-INDENT: -9.05pt; MARGIN: 0cm 0.55pt 0pt 9.05pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Sales to PEWC </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">65</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">106</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="TEXT-INDENT: -9.05pt; MARGIN: 0cm 0.55pt 0pt 9.05pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0.7pt 0pt 11pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -11pt; MARGIN: 0cm 0.7pt 0pt 11pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Interest expense paid to PEWC</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-GB face="times new roman"> Singapore Co. (Pte) Ltd.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">14</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">13</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">14</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Management fee paid to PEWC</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">204</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">239</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">388</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -5.5pt; MARGIN: 0cm 0.7pt 0pt 5.5pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Management fee received from PEWC</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 5pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">19</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">19</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -5.5pt; MARGIN: 0cm 0.7pt 0pt 5.5pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Management fee received from PEWC, Singapore Branch </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 5pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">14</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">14</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">15</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="TEXT-INDENT: -11pt; MARGIN: 0cm 0.7pt 0pt 11pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Management fee received from Italian-Thai</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">34</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&#8211;</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 23.45pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 23.45pt; PADDING-TOP: 0cm" vAlign=top width="55%">

   <P style="TEXT-INDENT: -14.5pt; MARGIN: 0cm 0.55pt 0pt 14.5pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-GB face="times new roman">Dividend income from TMP </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 23.45pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 23.45pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">106</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 23.45pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 23.45pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">111</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 23.45pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 23.45pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">109</FONT></P></TD></TR>

<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 16.75pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 16.75pt; PADDING-TOP: 0cm" vAlign=bottom width="55%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Information technology service fee paid to PEWC</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 16.75pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">

   <P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 16.75pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">35</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 16.75pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 16.75pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">38</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 16.75pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 16.75pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">136</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0pt 0pt 42.55pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 11pt" lang=EN-US face="times new roman"><BR clear=all></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center">F-43</P></DIV>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-GB face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">18.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">RELATED PARTY BALANCES AND TRANSACTIONS</FONT></B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"> (continued)</FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Copper is the major raw material of the Company&#8217;s wire and cable products.&nbsp; The Company purchases copper in the form of copper rods and copper cathode.&nbsp; Copper cathode is purchased by Siam Pacific to avoid the high import tariffs levied on copper rods.&nbsp; Copper cathode needs to be processed into copper rods prior to the manufacturing of wire and cable products.&nbsp; </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Substantially all of the Company&#8217;s copper rods are supplied by PEWC while copper cathodes are supplied by unrelated third parties. The price of copper rods purchased from PEWC is determined by reference to the quoted copper prices on the London Metal Exchange (the &#8220;LME&#8221;) plus a certain premium.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In addition to copper rods, the Company purchases high voltage power cable from PEWC for distribution purposes. The purchase price of power cable from PEWC is determined by reference to the quoted copper prices on the LME. No sales commission was received from PEWC during the years ended December 31, 2010, 2011 and 2012.&nbsp;&nbsp; </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp; &nbsp;</FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pursuant to the composite services agreement:</FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -72pt; MARGIN: 0cm 0cm 0cm 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; PEWC will sell copper rod to the Company, upon the Company&#8217;s request, (i) at a price consisting of the average spot price of copper on the LME for the one month prior to purchase plus an agreed upon premium, (ii) at prices and on terms at least as favorable as it provides copper rod to other purchasers of similar amounts of copper rod in the same markets as PEWC and (iii) will give priority in the supply of copper rod to the Company over other purchasers of copper rod from PEWC.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -72pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -72pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; PEWC grants to the Company the right to distribute any wire or cable product manufactured by PEWC in all markets in which the Company presently distributes or develops the capability to distribute in the future, such products on such terms as have historically been in effect or on terms at least as favorable as PEWC grants to third parties that distribute such products in such markets. However, PEWC shall not be required to grant to the Company the right to distribute products manufactured by PEWC in the future in markets where the Company does not currently have the capability to distribute unless and until PEWC has no pre-existing contractual rights which would conflict with the grant of such right to the Company.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -72pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -72pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; PEWC will make available to the Company, upon the Company&#8217;s request and on terms to be mutually agreed between PEWC and the Company from time to time, access to certain of PEWC&#8217;s technology (and PEWC personnel necessary to use such technology) with respect to the design and manufacture of wire and cable products, including, without limitation, certain fiber optic technology.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -72pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -72pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; PEWC will make available to the Company, upon the Company&#8217;s request and on terms to be mutually agreed between PEWC and the Company from time to time, certain services with respect to the design and manufacture of wire and cable products, computerization, inventory control, purchasing, internal auditing, quality control, emergency back-up services, and recruitment and training of personnel; such services may include the training of the Company&#8217;s employees and managers at PEWC facilities and the secondment of PEWC employees and managers to the Company.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -72pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -72pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Each of PEWC and the Company will offer the other party the right to participate in any negotiations with a third party concerning the establishment of any facility or similar venture to manufacture or distribute any wire or cable product outside of the markets where the Company currently manufactures or distributes, or intends to develop the capability to manufacture or distribute, any wire or cable product. Unless the Company and PEWC mutually agree otherwise, the Company shall have the right of first refusal to enter into any definitive agreement with such third party. If, however, such third party would not agree to the substitution of the Company for PEWC or such substitution would prevent the <FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman">successful completion of the facility or venture, PEWC will arrange for the Company to participate to the extent possible.</FONT></FONT></P>

<P style="TEXT-ALIGN: center">F-44 </P>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></B>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">18.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">RELATED PARTY BALANCES AND TRANSACTIONS</FONT></B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"> (continued)</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -72pt; MARGIN: 0cm 0cm 0cm 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 8pt" lang=X-NONE face="Courier New"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -72pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Without the consent of the Company, PEWC will not compete with respect to the manufacture of wire and cable products in any market in which the Company is manufacturing or has taken significant steps to commence manufacturing.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -72pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -72pt; MARGIN: 0cm 0cm 0cm 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; For purposes of the composite services agreement, each province in China is considered the equivalent of a market.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -72pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -72pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The composite services agreement dated November 7, 1996 has a three-year term. The Agreement originally expired on November 7, 1999. The Company gave a notice to extend the Agreement by successive one-year periods commencing on April 20, 2001. The notice is treated as a standing notice for successive one-year period renewals until further written notice from the Company.&nbsp; </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; To the extent that transactions occur in the future between the Company and PEWC or affiliates of PEWC other than under the Composite Service Agreement, such transactions will be entered into on an arm&#8217;s length basis on terms no less favorable than those available from unaffiliated third parties.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">19.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">DEFINED CONTRIBUTION AND BENEFIT PLANS</FONT></B></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt; BACKGROUND: white"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Company records the funded status of the Company&#8217;s defined benefit plans in the consolidated balance sheet. Actuarial gains and losses and prior service costs continue to be deferred and recognized in expense ratably over appropriate future periods, but the overfunded or underfunded status of the defined benefit plans is now measured as the difference between the fair value of plan assets and the projected benefit obligation (&#8220;PBO&#8221;). This difference is recorded as an asset (if overfunded) or a liability (if underfunded), with a corresponding adjustment to accumulated other comprehensive loss, net of tax. The net unrecognized actuarial loss and unrecognized prior service costs are recognized in net periodic benefit cost in the consolidated statements of operations, those amounts are reclassified from accumulated other comprehensive (loss) income. The Company currently measures the funded status of its plan as of the balance sheet date.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman">In accordance with the Thailand labor law, Charoong Thai</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face=pmingliu> </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman">is obliged to make payment to retiring employees, at rates of 1 to 10 times of their final month&#8217;s salary rate, depending on the length of service. The Company&#8217;s net periodic benefit cost was $539, $288 and $851 for the years ended December 31, 2010, 2011 and 2012, respectively.&nbsp; The plan is not funded and the amount is recognized </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$453 </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman">in </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">current liabilities and $5,387 in </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman">other non-current liabilities </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">o</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman">n the balance sheet. The Company pays to settle the obligations as and when employees retire.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Company has several defined contribution plans covering its employees in Australia, PRC and Singapore. Contributions to the plan are made annually. Total charges of continuing operations for the years ended December 31, 2010, 2011 and 2012 were $708, $891, and $1,253, respectively and for the year ended December 31, 2010 and the period ended November 30, 2011, that of discontinued operations were $138 and $205, respectively.</FONT></P>

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<P style="TEXT-INDENT: 36pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center">F-45</P></DIV>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-INDENT: 36pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">19.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">DEFINED CONTRIBUTION AND BENEFIT PLANS </FONT></B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(continued)&nbsp;</FONT></P>

<P style="TEXT-INDENT: 36pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 0.55pt; MARGIN: 0cm 0cm 0pt 35.4pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">In conformity with ASC 715 </FONT><I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&#8220;Compensation &#8211; Retirement Benefits&#8221;</FONT></I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"> (&#8220;ASC 715&#8221;), the following table sets forth the Plan&#8217;s funded status and pension amounts recognized as at December 31, 2010, </FONT><FONT style="DISPLAY: none"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">20111 mer accounted form 10% of eased from 95.8% to 100%.insd)ch to completely pay off the term loan by end of February 2013. o</FONT></FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2011 and 2012 based on the latest actuarial valuation:</FONT></P>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 11pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2010</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 11pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2011</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 11pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2012</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 11.7pt; PADDING-TOP: 0cm" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></B>&nbsp;</P></TD></TR>

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   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Change in benefit obligation:</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></B>&nbsp;</P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Benefit obligation at beginning of year </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 2,012 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 2,761</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 2,935</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Foreign currency translation adjustments</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">285</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(136)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">110</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Service cost</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">302</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">181</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">192</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Interest cost</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">223</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">106</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">128</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Benefits paid</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(61)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(219)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(1,038)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Actuarial loss</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="times new roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">244</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">153</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Prior service cost</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="times new roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="times new roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="times new roman">2,973</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Curtailment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="times new roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(2)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="times new roman">&#8211;</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Other adjustment </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="times new roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="times new roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">387</FONT></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Benefit obligation at end of year</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 2,761 </FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 2,935 </FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 5,840 </FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Change in plan assets:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Fair value of plan assets at beginning of year</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 14pt" lang=EN-US face="times new roman"></FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="times new roman">&#8211;&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 14pt" lang=EN-US face="times new roman"></FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="times new roman">&#8211;&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 14pt" lang=EN-US face="times new roman"></FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="times new roman">&#8211;&nbsp;</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Employer&#8217;s contribution</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="times new roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="times new roman">&#8211;</FONT></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Fair value of plan assets at end of year</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ &#8211;</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ &#8211;</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ &#8211;</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Funded status</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ (2,761)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ (2,935)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ (5,840)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Unrealized net transition obligation</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&#8211;</FONT></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Unrecognized net actuarial loss (gain)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&#8211;</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&#8211;</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&#8211;</FONT></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Accrued benefit cost</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ (2,761)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ (2,935)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ (5,840)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Components of net periodic benefit cost:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Service cost</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 302</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 181</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 192</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Interest cost</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">223</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">106</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">128</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Amortizations of:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Unrecognized net prior service cost (credit)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(8) </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(8) </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(7) </FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Unrecognized actuarial loss</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">22</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">9</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">151</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Other adjustment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&#8211;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">387</FONT></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Net periodic benefit cost</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 539</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 288</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 851</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Amounts recognized in accumulated other comprehensive loss</FONT></P>

   <P style="TEXT-INDENT: 11pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">consist of the following: (recognized under ASC 715)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Actuarial loss </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 669 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 602 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 748</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Prior service (credit) cost</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(129)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">7</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="TEXT-INDENT: 22pt; MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2,862 </FONT></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Total recognized in other comprehensive loss</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=bottom width="12%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 540</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 609</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=bottom width="11%" align=right>

   <P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 3,610</FONT></P></TD></TR></TABLE></DIV>

<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: 0cm; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">The accumulated benefit obligations amounted to $2,935 and $5,840 as of December 31, 2011 and 2012, respectively.</FONT></P>

<P style="TEXT-INDENT: 0cm; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 0cm; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">The estimated net loss and prior service cost (credit) for the defined benefit plans that will be amortized from accumulated other comprehensive (loss) income into net periodic benefit cost over the next fiscal year are $17 and $175, respectively.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 0cm; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 0cm; MARGIN: 0cm 0cm 0pt 35.8pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">The actuarial loss increased due to the change in assumption:</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -18pt; MARGIN: 0cm 0cm 0pt 54pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Discount rate was changed from 4.8%, 4.2% and 4.0% per annum for 2010, 2011 and 2012 to reflect prevailing bond yield.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -18pt; MARGIN: 0cm 0cm 0pt 54pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">The mortality rate have been updated from TMO97 table (Thailand Mortality Ordinary Lite Tables 1997) to TMO98 table (Thailand Mortality Ordinary Lite Tables 2008) reflect the latest available mortality study.</FONT></P>

<P style="TEXT-ALIGN: center">F-46 </P>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-INDENT: 36pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">19.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">DEFINED CONTRIBUTION AND BENEFIT PLANS </FONT></B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(continued)&nbsp;</FONT></P>

<P style="TEXT-INDENT: 36pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: 0.55pt; MARGIN: 0cm 0cm 0pt 35.45pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 0.55pt; MARGIN: 0cm 0cm 0pt 35.45pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">In 2012, the benefit obligation, periodic cost and prior service cost increased sharply mainly due to Charoong Thai changed plan provisions:</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 0.55pt; MARGIN: 0cm 0cm 0pt 35.45pt">&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -24pt; MARGIN: 0cm 0cm 0pt 60pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">-</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Effective January 1, 2012, the Extra Benefits payment to retiring employees was changed at rates of 1 to 5 times of final month&#8217;s salary to 29 times. The changes created a prior service cost and increased the benefit obligation totaling $3million (Baht 91million).</FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 9pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: 0.55pt; MARGIN: 0cm 0cm 0pt 35.45pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The significant assumptions used in determining the actuarial present value of the projected benefit obligations as of December 31, 2011 and 2012 are as follows:</FONT></P>

<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 9pt 0pt 0cm"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10.5pt" lang=EN-US face="times new roman"></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; MARGIN-LEFT: 0pt; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -6.4pt; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -6.4pt; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -6.4pt; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2012</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Discount rate </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=center>

   <P style="TEXT-INDENT: -6.4pt; MARGIN: 0cm 5pt 0pt 6.4pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">4.2%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=center>

   <P style="TEXT-INDENT: -6.4pt; MARGIN: 0cm 5pt 0pt 6.4pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=center>

   <P style="TEXT-INDENT: -6.4pt; MARGIN: 0cm 5pt 0pt 6.4pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">4.0%</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Rate of increase in compensation levels </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=center>

   <P style="MARGIN: 0cm 5pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">6.0% - 8.0%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=center>

   <P style="MARGIN: 0cm 5pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=center>

   <P style="MARGIN: 0cm 5pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">6.0% </FONT></P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Employee turnover rates:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=center>

   <P style="TEXT-INDENT: -6.4pt; MARGIN: 0cm 5pt 0pt 6.4pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=center>

   <P style="TEXT-INDENT: -6.4pt; MARGIN: 0cm 5pt 0pt 6.4pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=center>

   <P style="TEXT-INDENT: -6.4pt; MARGIN: 0cm 5pt 0pt 6.4pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Prior to age 29 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=center>

   <P style="MARGIN: 0cm 5pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">9.0% - 15.0%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=center>

   <P style="MARGIN: 0cm 5pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=center>

   <P style="MARGIN: 0cm 5pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">9.0% - 15.0%</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="TEXT-INDENT: 0pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Age 30 to 39</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=center>

   <P style="MARGIN: 0cm 5pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">4.0% - 7.0%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=center>

   <P style="MARGIN: 0cm 5pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=center>

   <P style="MARGIN: 0cm 5pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">4.0% - 7.0%</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="TEXT-INDENT: 0pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Age 40 to 49 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=center>

   <P style="MARGIN: 0cm 5pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2.0% - 5.0%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=center>

   <P style="MARGIN: 0cm 5pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=center>

   <P style="MARGIN: 0cm 5pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2.0% - 5.0%</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="66%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Age 50 and above </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=center>

   <P style="MARGIN: 0cm 5pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">0.0% - 2.0%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=center>

   <P style="MARGIN: 0cm 5pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="15%" align=center>

   <P style="MARGIN: 0cm 5pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">0.0% - 2.0%</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 1.2pt 0pt 34.9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The following pension benefit payments, which reflect expected future service, as appropriate, are expected to be paid: </FONT></P>

<P style="TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></P>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="87%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Year ended December 31</FONT></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="87%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2013</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 5pt; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 453</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="87%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2014</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">21</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="87%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2015</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">619</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="87%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2016</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">254</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="87%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2017</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">301</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="87%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2018 - 2022</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2,248</FONT></P></DIV></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="87%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">

   <DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; WORD-BREAK: break-all; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 3,896</FONT></P></DIV></TD></TR></TABLE></DIV>

<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"><BR clear=all></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center">F-47</P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P>
</DIV>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">20.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">DISCONTINUED OPERATIONS</FONT></B></P>
<P style="MARGIN: 0cm 0cm 0pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></B>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -33pt; MARGIN: 0cm 0cm 0pt 35.4pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Company entered into an agreement to dispose its 51% equity interest in the SPFO joint venture to a group of investors in exchange for a total cash consideration of RMB18.5 million (approximately $2.9 million), effective upon the directors&#8217; approval on September 7, 2011. The purpose of the disposal is to focus on the Company&#8217;s core wire and cable business that are more profitable by divesting its non-core fiber-optics cable, for which the market in China has been very competitive. The share transfer was completed on December 1, 2011, consequently, the Company&#8217;s deconsolidated SPFO effective December 1, 2011. The Company recognized $1,962 gain on disposal of a subsidiary in consolidated statement of operations.</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -33pt; MARGIN: 0cm 0cm 0pt 33pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35.45pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">SPFO was consolidated prior to its disposal and it met the criteria for reporting as discontinued operations. Therefore, the results of operations of SPFO and the gain of the disposal have been classified as &#8220;Income from operations of discontinued SPFO&#8221; in the consolidated statement of operations for the year ended December 31, 2011 and prior periods' amounts have been reclassified accordingly. </FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -33pt; MARGIN: 0cm 0cm 0pt 33pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Results from discontinued operations related to SPFO for the year ended December 31, 2010 and period from January 1, 2011 to November 30, 2011 are as follows:</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<DIV align=left>
<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" border=0 cellSpacing=0 cellPadding=0>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="72%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Year ended December 31, 2010</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Period ended November 30, 2011</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="72%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="72%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Net sales </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 22,736</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 30,210</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 3.7pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.7pt; PADDING-TOP: 0cm" vAlign=top width="72%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Cost of sales </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.7pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.7pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(18,072)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 3.7pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(25,111)</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="72%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Gross profit</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="2%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">4,664</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">5,099</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="72%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Selling, general and administrative expenses </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(3,545)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(4,809)</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="72%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Recovery of doubtful accounts </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">377</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">68</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="72%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Income from discontinued operations</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,496</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">358</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="72%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Exchange gain, net </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">-</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">-</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="72%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Interest income</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">110</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">129</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="72%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Interest expenses</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(1,197)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(1,336)</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="72%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Other income (expenses)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">37</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(38)</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="72%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">Income (loss) before income tax</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">446</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(887)</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="72%">
<P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Gain on disposal of SPFO</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">-</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,962</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="72%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Income from operations of discontinued SPFO</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">446</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,075</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="72%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Income tax</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(450)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(229)</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 9.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 9.95pt; PADDING-TOP: 0cm" vAlign=top width="72%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Net (loss) income of discontinued operations</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 9.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 9.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ (4)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 9.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 846</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 9.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 9.95pt; PADDING-TOP: 0cm" vAlign=top width="72%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Net loss attributable to noncontrolling interests</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 9.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 9.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(2)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 9.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(547)</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 9.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 9.95pt; PADDING-TOP: 0cm" vAlign=top width="72%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Net (loss) income attributable to APWC shareholders </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 9.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 9.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ (2)</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 9.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 1,393</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 7.35pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 7.35pt; PADDING-TOP: 0cm" vAlign=top width="72%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 7.35pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">
<P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 7.35pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 7.35pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR></TABLE></DIV>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The transactions undertaken with related parties are summarized as follows:</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<DIV align=left>
<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" border=0 cellSpacing=0 cellPadding=0>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Year ended December 31, 2010</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Period ended November 30, 2011</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-INDENT: -5.5pt; MARGIN: 0cm 0.7pt 0pt 5.5pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-GB face="times new roman">Purchases of goods from Shandong Yanggu</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">17</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">317</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-GB face="times new roman">Sales to Shandong Yanggu</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">96</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">536</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-INDENT: -9.05pt; MARGIN: 0cm 0.7pt 0pt 9.05pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Sales to SPRC</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">160</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">157</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-INDENT: -9.05pt; MARGIN: 0cm 0.7pt 0pt 9.05pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Interest expense paid to Shandong Yanggu </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">63</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-INDENT: -9.05pt; MARGIN: 0cm 0.7pt 0pt 9.05pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Management fee paid to Shandong Yanggu </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">387</FONT></P>
</TD></TR></TABLE><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></DIV>
<P style="TEXT-ALIGN: center">F-48 </P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>
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<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>
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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">21.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">SEGMENT FINANCIAL INFORMATION</FONT></B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"> &nbsp;</FONT></P>
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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: 35.4pt; MARGIN: 0cm 0cm 0pt"><I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Description of Products by Segments</FONT></I></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 35pt"><FONT style="DISPLAY: none" face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">t57 ititivein china has very re than 10% of the total reveune 4 (2010:$28,484) of a subsidiary as at Decebsidiary as at Deceents</FONT></FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">In accordance with ASC 280, </FONT><I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&#8220;Segment Reporting&#8221;</FONT></I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">, the chief operating decision maker has been identified as the chief operating officer, who reviews consolidated results when making decisions about allocating resources and assessing performance of the Company. According to the management approach, the Company currently operates in three operating segments: (1) manufacturing of wire and cable products (&#8220;Manufactured products&#8221;), (2) distribution of copper and cable products manufactured by PEWC and third party suppliers (&#8220;Distributed products&#8221;) and (3) SDI.</FONT></P>
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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Measurement of Segment Profit or Loss and Segment Assets</FONT></I></P>
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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">The Company evaluates performance and allocates resources based on gross profit. The accounting policies of the reportable segments, including transactions entered between reportable segments, are the same as those described in the summary of significant accounting policies.</FONT></P>
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<P style="TEXT-ALIGN: center; MARGIN: 0cm 10pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Year ended December 31,</FONT></P>
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<P style="TEXT-ALIGN: right; MARGIN: 0cm 10pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2010</FONT></P>
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<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Revenues</FONT></I></P>
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<P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Revenues from external customers:</FONT></P>
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<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Manufactured products</FONT></P>
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<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 396,059</FONT></P>
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<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 429,474</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 401,023</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Distributed products</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="TEXT-INDENT: 22pt; MARGIN: 0cm 0.7pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">26,935</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="TEXT-INDENT: 22pt; MARGIN: 0cm 0.7pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">25,500</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="TEXT-INDENT: 22pt; MARGIN: 0cm 0.7pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">54,797</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Supply, delivery and installation of wires and cables</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm 4.5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">23,600</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="TEXT-INDENT: 22pt; MARGIN: 0cm 0.7pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">16,972</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="TEXT-INDENT: 27.5pt; MARGIN: 0cm 0.7pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">6,445</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Total revenues from external customers</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 446,594</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 471,946</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 462,265</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Intersegment revenues:</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0cm 10pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Manufactured products</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 3,143</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 3,283</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&#8211;&nbsp;</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0cm 10pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Distributed products</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">9,898</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">13,960</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">12,449</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Total intersegment revenues</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 13,041</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 17,243</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 12,449</FONT></P>
</TD></TR>
<TR>
     <TD vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD vAlign=top width="2%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Total segment revenues</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 459,635</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 489,189</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 474,714</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Reconciling item</FONT></I></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Elimination of intersegment revenues</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(13,041)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(17,243)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">(12,449)</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Total revenues </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.55pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 446,594</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 0.55pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.55pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 471,946</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 0.55pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 0.55pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 462,265</FONT></P>
</TD></TR></TABLE></DIV>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: center">F-49</P>
</DIV>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P>
</DIV>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">21.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">SEGMENT FINANCIAL INFORMATION</FONT></B><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"> (continued)</FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<DIV align=left>
<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" border=0 cellSpacing=0 cellPadding=0>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="43%" colSpan=5 align=center>
<P style="MARGIN: 0cm 10pt 0pt 0cm" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Year ended December 31,</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=center>
<P style="TEXT-INDENT: 27.5pt; MARGIN: 0cm 10pt 0pt 0cm" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">2010</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=center>
<P style="MARGIN: 0cm 10pt 0pt 0cm" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=center>
<P style="MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">2011</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=center>
<P style="MARGIN: 0cm 10pt 0pt 0cm" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=center>
<P style="MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">2012</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><I><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Segment profit</FONT></I></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="TEXT-INDENT: -9.05pt; MARGIN: 0cm 0.55pt 0pt 18.1pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Manufactured products</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 53,429</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 42,876</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 44,665</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Distributed products</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,378</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2,955</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">3,361</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">SDI</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">242</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">57</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(1,015)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="TEXT-INDENT: -9.05pt; MARGIN: 0cm 0.55pt 0pt 18.1pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Inventory impairment </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">1,974</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 2pt 0pt 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(1,993)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 2pt 0pt 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">4,804</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Total segment profit</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 57,023</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 43,895</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 51,815</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><I><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Reconciling items</FONT></I></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Corporate and other expenses</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 2pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(28,371)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 2pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(42,079)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 2pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(32,984)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Exchange gain (loss)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">3,041</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(1,346)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2,398</FONT></P>
</TD></TR>
<TR>
     <TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width="55%">
<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT><FONT style="FONT-SIZE: 11pt">Recovery of loss from flooding </FONT></P>
</TD>
     <TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT lang=EN-US face="times new roman"></FONT></P>
</TD>
     <TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width="13%" align=right><FONT style="FONT-SIZE: 11pt">
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT lang=EN-US face="Times New Roman"></FONT></P>
</FONT>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt"><FONT lang=EN-US face="Times New Roman">&#8211;</FONT></FONT></P>
</TD>
     <TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT lang=EN-US face="Times New Roman"></FONT></P>
</TD>
     <TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width="13%" align=right><FONT style="FONT-SIZE: 11pt">
<P style="MARGIN: 0cm" align=right><FONT lang=EN-US face="Times New Roman"></FONT></P>
</FONT>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt"><FONT lang=EN-US face="Times New Roman">&#8211;</FONT></FONT></P>
</TD>
     <TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT lang=EN-US face="Times New Roman"></FONT></P>
</TD>
     <TD style="BACKGROUND-COLOR: #ffffff" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">4,762</FONT></P>
</TD></TR>
<TR>
     <TD style="BACKGROUND-COLOR: #cceeff" vAlign=top width="55%">
<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT><FONT style="FONT-SIZE: 11pt">Gain on liquidation&nbsp;of a subsidiary</FONT></P>
</TD>
     <TD style="BACKGROUND-COLOR: #cceeff" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT lang=EN-US face="times new roman"></FONT></P>
</TD>
     <TD style="BACKGROUND-COLOR: #cceeff" vAlign=top width="13%" align=right><FONT style="FONT-SIZE: 11pt">
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT lang=EN-US face="Times New Roman"></FONT></P>
</FONT>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt"><FONT lang=EN-US face="Times New Roman">&#8211;</FONT></FONT></P>
</TD>
     <TD style="BACKGROUND-COLOR: #cceeff" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT lang=EN-US face="Times New Roman"></FONT></P>
</TD>
     <TD style="BACKGROUND-COLOR: #cceeff" vAlign=top width="13%" align=right><FONT style="FONT-SIZE: 11pt">
<P style="MARGIN: 0cm" align=right><FONT lang=EN-US face="Times New Roman"></FONT></P>
</FONT>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt"><FONT lang=EN-US face="Times New Roman">&#8211;</FONT></FONT></P>
</TD>
     <TD style="BACKGROUND-COLOR: #cceeff" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT lang=EN-US face="Times New Roman"></FONT></P>
</TD>
     <TD style="BACKGROUND-COLOR: #cceeff" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">279</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Interest income</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">492</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,409</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,555</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Interest expense</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 2pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(1,364)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 2pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(2,217)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 2pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(2,195)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Share of net loss of equity investees</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 2pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(21)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(58)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(21)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Other income</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,032</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,032</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,684</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="TEXT-INDENT: -11pt; MARGIN: 0cm 0.7pt 0cm 11pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Income from continuing operations before income taxes </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 31,832</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 636</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 27,293</FONT></P>
</TD></TR></TABLE><BR>
<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" border=0 cellSpacing=0 cellPadding=0>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><I><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></I>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="28%" colSpan=3>
<P style="TEXT-ALIGN: center; MARGIN: 0cm 22pt 0cm 0cm" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">As of December 31,</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><I><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></I>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 5pt 0cm 0cm" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2011</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 16.5pt 0cm 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2012</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><I><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Segment assets</FONT></I></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Manufactured products</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 326,960</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 362,092</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Distributed products</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">4,369</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">16,711</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">SDI</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">357</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">257</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Total segment assets</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 331,686</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 379,060</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0.7pt 0pt 0cm"><I><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Reconciling items</FONT></I></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Corporate and other assets</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1,168</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">5,910</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Investment in equity investee companies</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">4,435</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">4,414</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Total assets </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 337,289</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 389,384</FONT></P>
</TD></TR></TABLE><BR>
<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" border=0 cellSpacing=0 cellPadding=0>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="43%" colSpan=5>
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Year ended December 31,</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 12.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 12.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 12.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 12.95pt; PADDING-TOP: 0cm" width="13%">
<P style="TEXT-ALIGN: center; TEXT-INDENT: 27.5pt; MARGIN: 0cm 10pt 0pt 0cm" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">2010</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 12.95pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 12.95pt; PADDING-TOP: 0cm" width="13%">
<P style="TEXT-ALIGN: center; TEXT-INDENT: 27.5pt; MARGIN: 0cm 10pt 0pt 0cm" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">2011</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 12.95pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 12.95pt; PADDING-TOP: 0cm" width="13%">
<P style="TEXT-ALIGN: center; TEXT-INDENT: 15.95pt; MARGIN: 0cm 10pt 0pt 0cm" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">2012</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><I><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Expenditures for additions to long-lived assets</FONT></I></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Manufactured products</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 3,650</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>&nbsp;</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 8,775</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>&nbsp;</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 10,922</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Distributed products</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>&nbsp;</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>&nbsp;</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">SDI</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>&nbsp;</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>&nbsp;</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Corporate</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">3</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">113</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="TEXT-INDENT: 11pt; MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">15</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 9pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Total expenditure for additions to long-lived assets</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 3,653</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 8,888</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 10,937</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 5.4pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 0.7pt 0pt 0cm" align=right><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: left; MARGIN: 0cm" align=left><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR></TABLE><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></DIV>
<P style="TEXT-ALIGN: center">F-50 </P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P>
</DIV>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">21.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">SEGMENT FINANCIAL INFORMATION</FONT></B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"> (continued)</FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<DIV align=left>
<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" border=0 cellSpacing=0 cellPadding=0>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="54%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="43%" colSpan=5>
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Year ended December 31,</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="1%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="54%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2010</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2011</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2012</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="1%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="54%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="1%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="54%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Depreciation expenses</FONT></I></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="1%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="54%">
<P style="TEXT-INDENT: -9.05pt; MARGIN: 0cm 0.55pt 0pt 18.1pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Manufactured products</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ (6,474)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ (6,014)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ (4,918)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="1%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="54%">
<P style="TEXT-INDENT: -9.05pt; MARGIN: 0cm 0.55pt 0pt 18.1pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Distributed products</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="1%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="54%">
<P style="TEXT-INDENT: -9.05pt; MARGIN: 0cm 0.55pt 0pt 18.1pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">SDI</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="1%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="54%">
<P style="TEXT-INDENT: -9.05pt; MARGIN: 0cm 0.55pt 0pt 18.1pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-GB face="times new roman">Corporate</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(14)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(52)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(57)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="1%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="54%">
<P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Depreciation expenses of continuing operations </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ (6,488)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="TEXT-INDENT: -6.8pt; MARGIN: 0cm 0cm 0pt 6.8pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ (6,066)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="TEXT-INDENT: -6.8pt; MARGIN: 0cm 0cm 0pt 6.8pt" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ (4,975)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="1%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="54%">
<P style="MARGIN: 0cm 0.55pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-GB face="times new roman">Depreciation expenses of discontinued operations</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(369)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(396)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="1%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 14.45pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 14.45pt; PADDING-TOP: 0cm" vAlign=bottom width="54%">
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Total depreciation expenses </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 14.45pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 14.45pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="TEXT-JUSTIFY: inter-ideograph; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(6,857)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 14.45pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>
<P style="TEXT-JUSTIFY: inter-ideograph; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 14.45pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="TEXT-JUSTIFY: inter-ideograph; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(6,462)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 14.45pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>
<P style="TEXT-JUSTIFY: inter-ideograph; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 14.45pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="TEXT-JUSTIFY: inter-ideograph; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(4,975)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="1%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="54%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="1%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="54%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Impairment loss of long-lived assets and goodwill</FONT></I></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="1%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="54%">
<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Manufactured products</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ &#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ (8,816) </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ (22) </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="1%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="54%">
<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Distributed products</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="TEXT-INDENT: 5.5pt; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 3.35pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm 3.35pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="1%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="54%">
<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">SDI</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="TEXT-INDENT: 22pt; MARGIN: 0cm 3.35pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="TEXT-INDENT: 22pt; MARGIN: 0cm 3.35pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="1%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="54%">
<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-GB face="times new roman">Corporate </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="1%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="54%">
<P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Total impairment loss </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ &#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ (8,816)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ (22) </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="1%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 6.4pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6.4pt; PADDING-TOP: 0cm" vAlign=top width="54%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6.4pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6.4pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6.4pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 6.4pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="1%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="54%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Interest income</FONT></I></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="1%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="54%">
<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Manufactured products</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 454</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 1,305</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 1,421</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="1%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="54%">
<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Distributed products</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">27</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="TEXT-INDENT: 16.5pt; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">81</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="TEXT-INDENT: 16.5pt; MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">65</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="1%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="54%">
<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">SDI</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">11</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>
<P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">3</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>
<P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="1%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="54%">
<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Corporate</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">20</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">68</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="1%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="54%">
<P style="TEXT-INDENT: -7.55pt; MARGIN: 0cm 0.7pt 0cm 7.55pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Total interest income of continuing operations </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 492</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 1,409</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 1,555</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="1%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="54%">
<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="1%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="54%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><I><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Interest expense</FONT></I></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="1%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="54%">
<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Manufactured products</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ (1,203)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ (2,050)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ (2,017)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="1%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="54%">
<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Distributed products</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(73)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(88)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(120)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="1%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="54%">
<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">SDI</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(39)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(39)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(11)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="1%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="54%">
<P style="TEXT-INDENT: -9pt; MARGIN: 0cm 0.7pt 0pt 18pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Corporate</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(49)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(40)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(47)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="1%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="54%">
<P style="TEXT-INDENT: -7.55pt; MARGIN: 0cm 0.7pt 0cm 7.55pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Total interest expense of continuing operations and discontinuing operations</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ (1,364)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ (2,217)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=right>
<P style="MARGIN: 0cm 3pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=right>
<P style="MARGIN: 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ (2,195)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" width="1%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR></TABLE></DIV>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: center">F-51</P>
</DIV>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P>
</DIV>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">21.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">SEGMENT FINANCIAL INFORMATION</FONT></B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"> (continued)</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 16.2pt 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; There is no sales of 10% or more of the total revenue to a single customer for the year ended 2010, 2011 and 2012.</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 16.2pt 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 16.2pt 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</FONT></P>
<P style="TEXT-INDENT: -0.55pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Geographic Area Data</FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 16.2pt 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Revenue from external customers is attributed to individual countries based on the customer&#8217;s country of domicile and is summarized as follows:</FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<DIV align=left>
<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" border=0 cellSpacing=0 cellPadding=0>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="43%" colSpan=5>
<P style="TEXT-ALIGN: center; MARGIN: 0cm 10pt 0cm 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Year ended December 31,</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 10pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2010</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 10pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 10pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2011</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 10pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 10pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2012</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Revenues from external customers</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Continuing operations</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Thailand</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 165,191</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 176,011</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 167,762</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Singapore</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">70,154</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">86,474</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">93,285</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Australia</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">46,288</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">61,457</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">64,402</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">PRC</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">146,529</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">138,970</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">120,763</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Vietnam</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">9,752</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">5,106</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">6,366</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Southeast Asia</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">8,680</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">3,928</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">7,376</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Northeast Asia</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: 55pt; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; TEXT-INDENT: 60.5pt; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&#8211;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2,311</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 5.4pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 446,594</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 471,946</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 462,265</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Revenue from discontinued operations</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 22,736</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%"></TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 30,210</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm">&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ &#8211;</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="100%" colSpan=7>
<P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Countries in the Southeast Asia region include: </FONT></P>
<P style="TEXT-INDENT: -35.45pt; MARGIN: 0cm 0.7pt 0cm 20.7pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">-</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">- Cambodia, Indonesia, India, Laos, Malaysia and Myanmar</FONT></P>
<P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Countries in the Northeast Asia region include: </FONT></P>
<P style="TEXT-INDENT: -34.9pt; MARGIN: 0cm 0.7pt 0cm 13.65pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">-</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">- Japan and South Korea</FONT></P>
<P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Long-lived assets by the country of domicile are summarized as follow:</FONT></P>
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="43%" colSpan=5 align=center>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">As of December 31,</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=center>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2010</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=center>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=center>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2011</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=center>
<P style="MARGIN: 0cm 5pt 0cm 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #ffffff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=center>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2012</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Long-lived assets by area:</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Thailand</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 27,928</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 19,894</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 23,360</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Singapore</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">8,987</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">10,339</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">10,474</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Australia</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">3,520</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">6,119</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">6,035</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0pt 9pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">PRC</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">12,261</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">6,500</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=bottom width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm; WORD-BREAK: break-all"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">10,487</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Others</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 5pt 0cm 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">8</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 5pt 0cm 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">62</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 5pt 0cm 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">40</FONT></P>
</DIV></TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 0.95pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Total long-lived assets</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 5pt 0cm 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 52,702</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 5pt 0cm 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 42,914</FONT></P>
</DIV></TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 0.95pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<DIV style="BORDER-BOTTOM: windowtext 1.5pt double; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; MARGIN-LEFT: 0cm; BORDER-TOP: medium none; MARGIN-RIGHT: 5pt; BORDER-RIGHT: medium none; PADDING-TOP: 0cm">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: right; BORDER-LEFT: medium none; PADDING-BOTTOM: 0cm; MARGIN: 0cm 5pt 0cm 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 50,396</FONT></P>
</DIV></TD></TR></TABLE><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT></DIV>
<P style="TEXT-ALIGN: center">F-52 </P>
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<P style="MARGIN: 0cm 0cm 0pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT color=black face="times new roman"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US color=black face="times new roman">(In thousands of U.S. Dollars, except share data)</FONT></FONT></P>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=X-NONE face="times new roman"></FONT>&nbsp;</P>
</DIV>
<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">22.</FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">SUMMARIZED FINANCIAL INFORMATION OF EQUITY INVESTEES</FONT></B></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 21.2pt 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The following tables present the summarized financial information of the Company&#8217;s principal equity investees, Lox Pac, SPHC, Shandong Huayu and SPRC. </FONT></P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
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<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
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<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">As of December 31,</FONT></P>
</TD></TR>
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<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
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     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=center>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2011</FONT></P>
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<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=center>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2012</FONT></P>
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<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=center>
<P style="TEXT-INDENT: 1pt; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Unaudited</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="2%" align=center>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; PADDING-TOP: 0cm" vAlign=top width="13%" align=center>
<P style="TEXT-INDENT: 1pt; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Unaudited</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=FR face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 8.5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 8.5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=FR face="Times New Roman">Current assets</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 54,968</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$ 82,231</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=FR face="Times New Roman">Non-current assets</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">17,961</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">17,381</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=FR face="Times New Roman">Current liabilities</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(44,870)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(72,389)</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="70%">
<P style="MARGIN: 0cm 0.7pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=FR face="Times New Roman">Non-current liabilities</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(1,156)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(303)</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">
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<P style="TEXT-INDENT: -8.6pt; MARGIN: 0cm 0.55pt 0pt 8.6pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1pt">
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<P style="MARGIN: 0cm 0.55pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Total shareholders&#8217; equity</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 26,903 </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">$ 26,920 </FONT></P>
</TD></TR></TABLE></DIV>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"><BR clear=all>
</FONT>&nbsp;</P>
<P style="TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<DIV align=left>
<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" border=0 cellSpacing=0 cellPadding=0>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1.1pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 23.65pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="43%" colSpan=5 align=center>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Year ended December 31,</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1.1pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 23.65pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=center>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2010</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=center>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=center>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2011</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=center>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=center>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">2012</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1.1pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 23.65pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=center>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Unaudited</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=center>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=center>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Unaudited</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="2%" align=center>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="13%" align=center>
<P style="MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">Unaudited</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1.1pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 23.65pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="MARGIN: 0cm 0.7pt 0pt 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1.1pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 23.65pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Net sales</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$44,866</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$55,727</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">$57,467</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1.1pt">
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 23.65pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Gross profit</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">10,457</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">13,543</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 8pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">13,207</FONT></P>
</TD></TR>
<TR style="PAGE-BREAK-INSIDE: avoid; HEIGHT: 1.1pt">
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="55%">
<P style="MARGIN: 0cm 23.65pt 0cm 0cm"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">Net loss</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: center; MARGIN: 0cm 0.7pt 0pt 0cm" align=center><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 8.9pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(1,347)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(1,360)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="2%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0pt 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 0cm; PADDING-RIGHT: 0cm; HEIGHT: 1.1pt; PADDING-TOP: 0cm" vAlign=top width="13%">
<P style="TEXT-ALIGN: right; MARGIN: 0cm 5pt 0cm 0cm" align=right><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(959)</FONT></P>
</TD></TR></TABLE></DIV>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; TEXT-INDENT: -0.1pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;</FONT></P>
<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 21.2pt 0pt 35pt"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 11pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: center">F-53</P>
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<TYPE>EX-12.1
<SEQUENCE>2
<FILENAME>exhibit12_1.htm
<DESCRIPTION>EXHIBIT 12.1
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Exhibit 12.1</FONT></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Certification of Chief Executive Officer</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><STRONG></STRONG>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002</FONT></B></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">I, Yuan Chun Tang, certify that:</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; I have reviewed this annual</FONT><I><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"> </FONT></I><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">report on Form</FONT><I><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"> </FONT></I><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">20-F of Asia Pacific Wire &amp; Cable Corporation Limited;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this </FONT><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&nbsp;</FONT></B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">report;&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the company as of, and for, the periods presented in this report;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The company&#8217;s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a&#8209;15(e) and 15d&#8209;15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the company and have:</FONT></P>

<P style="TEXT-ALIGN: justify; PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the company, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;</FONT></P>

<P style="TEXT-ALIGN: justify; PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 72pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 72pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Evaluated the effectiveness of the company&#8217;s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 72pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Disclosed in this report any change in the company&#8217;s internal control over financial reporting that occurred during the period covered by this annual report that has materially affected, or is reasonably likely to materially affect, the company&#8217;s internal control over financial reporting; and</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 72pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The company&#8217;s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the company&#8217;s auditors and the audit committee of the company&#8217;s board of directors (or persons performing the equivalent functions):</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely <FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">affect the company&#8217;s ability to record, process, summarize and report financial information; and</FONT></FONT></P>

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<P style="TEXT-ALIGN: justify; PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Any fraud, whether or not material, that involves management or other employees who have a significant role in the company&#8217;s internal control over financial reporting.</FONT></P>

<P style="TEXT-ALIGN: justify; PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 72pt">&nbsp;</P>

<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Date: &nbsp;April 30, 2013</FONT></P>

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   <P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">/s/ Yuan Chun Tang</FONT></P></TD></TR></TABLE></DIV>

<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Yuan Chun Tang</FONT></P>

<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Chief Executive Officer</FONT></P>

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<TYPE>EX-12.2
<SEQUENCE>3
<FILENAME>exhibit12_2.htm
<DESCRIPTION>EXHIBIT 12.2
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Exhibit 12.2</FONT></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Certification of Chief Financial Officer</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><STRONG></STRONG>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002</FONT></B></P>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">I, Frank Tseng, certify that:</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; I have reviewed this annual</FONT><I><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"> </FONT></I><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">report on Form</FONT><I><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"> </FONT></I><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">20-F of Asia Pacific Wire &amp; Cable Corporation Limited;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this </FONT><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">&nbsp;</FONT></B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">report;&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the company as of, and for, the periods presented in this report;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The company&#8217;s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a&#8209;15(e) and 15d&#8209;15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the company and have:</FONT></P>

<P style="TEXT-ALIGN: justify; PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the company, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;</FONT></P>

<P style="TEXT-ALIGN: justify; PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 72pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 72pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Evaluated the effectiveness of the company&#8217;s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 72pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Disclosed in this report any change in the company&#8217;s internal control over financial reporting that occurred during the period covered by this annual report that has materially affected, or is reasonably likely to materially affect, the company&#8217;s internal control over financial reporting; and</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 72pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The company&#8217;s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the company&#8217;s auditors and the audit committee of the company&#8217;s board of directors (or persons performing the equivalent functions):</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 36pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely <FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">affect the company&#8217;s ability to record, process, summarize and report financial information; and</FONT></FONT></P>

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<P style="TEXT-ALIGN: justify; PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 72pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Any fraud, whether or not material, that involves management or other employees who have a significant role in the company&#8217;s internal control over financial reporting.</FONT></P>

<P style="TEXT-ALIGN: justify; PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -36pt; MARGIN: 0cm 0cm 0pt 72pt">&nbsp;</P>

<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Date: &nbsp;April 30, 2013</FONT></P>

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   <P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">/s/ Frank Tseng</FONT></P></TD></TR></TABLE></DIV>

<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Frank Tseng</FONT></P>

<P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Chief Financial Officer</FONT></P>

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<P style="MARGIN: 0cm 0cm 0pt" align=right>2</P></DIV>

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<TYPE>EX-13.1
<SEQUENCE>4
<FILENAME>exhibit13_1.htm
<DESCRIPTION>EXHIBIT 13.1
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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Exhibit&nbsp;13.1</FONT></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Certification Pursuant to 18 U.S.C. Section 1350 as Adopted</FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002</FONT></B></P>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">In connection with the Annual Report of Asia Pacific Wire &amp; Cable Corporation Limited (the &#8220;Company&#8221;) on Form 20-F for the period ended December 31, 2012 as filed with the Securities and Exchange Commission (the &#8220;Report&#8221;), I, Yuan Chun Tang, Chief Executive Officer</FONT><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"> </FONT></B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">of the Company, hereby certify as of the date hereof, solely for purposes of Title 18, Chapter 63, Section 1350 of the United States Code, that to the best of my knowledge:</FONT></P>

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<P style="TEXT-INDENT: -18pt; MARGIN: 0cm 0cm 0pt 18pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Report fully complies with the requirements of Section 13(a) or 15(d), as applicable, of the Securities Exchange Act of 1934; and&nbsp; </FONT></P>

<P style="TEXT-INDENT: -18pt; MARGIN: 12pt 0cm 0pt 18pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company at the dates and for the periods indicated.</FONT></P>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">This Certification has not been, and shall not be deemed, &#8220;filed&#8221; with the Securities and Exchange Commission.</FONT></P>

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   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Date: April 30, 2013</FONT></P></TD>

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   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">/s/ Yuan Chun Tang</FONT></P></TD></TR>

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   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Yuan Chun Tang</FONT></P>

   <P style="MARGIN: 0cm 0cm 0pt 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Chief Executive Officer</FONT></P></TD></TR></TABLE></DIV>

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<DOCUMENT>
<TYPE>EX-13.2
<SEQUENCE>5
<FILENAME>exhibit13_2.htm
<DESCRIPTION>EXHIBIT 13.2
<TEXT>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Exhibit 13.2</FONT></P>

<P style="MARGIN: 0cm 0cm 0pt">&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Certification Pursuant to 18 U.S.C. Section 1350 as Adopted</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><STRONG></STRONG>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><STRONG></STRONG>&nbsp;</P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">In connection with the Annual Report of Asia Pacific Wire &amp; Cable Corporation Limited (the &#8220;Company&#8221;) on Form 20-F for the period ended December 31, 2012 as filed with the Securities and Exchange Commission (the &#8220;Report&#8221;), I, Frank Tseng, Chief Financial Officer</FONT><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"> </FONT></B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">of the Company, hereby certify as of the date hereof, solely for purposes of Title 18, Chapter 63, Section 1350 of the United States Code, that to the best of my knowledge:</FONT></P>

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<P style="TEXT-INDENT: -18pt; MARGIN: 0cm 0cm 0pt 18pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">1.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The Report fully complies with the requirements of Section 13(a) or 15(d), as applicable, of the Securities Exchange Act of 1934; and</FONT></P>

<P style="TEXT-INDENT: -18pt; MARGIN: 12pt 0cm 0pt 18pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">2.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company at the dates and for the periods indicated.</FONT></P>

<P style="TEXT-INDENT: -18pt; MARGIN: 12pt 0cm 0pt 18pt">&nbsp;</P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">This Certification has not been, and shall not be deemed, &#8220;filed&#8221; with the Securities and Exchange Commission.</FONT></P>

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   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Date: April &shy;&shy;&shy;30, 2013</FONT></P></TD>

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   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">/s/ Frank Tseng</FONT></P></TD></TR>

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   <P style="MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P></TD>

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   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Frank Tseng</FONT></P>

   <P style="MARGIN: 0cm 0cm 0pt 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Chief Financial Officer</FONT></P></TD></TR></TABLE></DIV>

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<P style="MARGIN: 0cm 0cm 0pt" align=right>1</P></DIV>

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<DOCUMENT>
<TYPE>EX-15.B
<SEQUENCE>6
<FILENAME>exhibit15_b.htm
<DESCRIPTION>EXHIBIT 15B
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<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Exhibit 15(b)</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">[Letterhead of Ernst &amp; Young Hong Kong]</FONT></B></P>

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<P style="MARGIN: 6.9pt 0in 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="times new roman">April 30, 2013 </FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="times new roman">Securities and Exchange Commission </FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="times new roman">100 F Street, N.E. </FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="times new roman">Washington, DC 20549 </FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="times new roman">USA </FONT></P>

<P style="MARGIN: 6.9pt 0in 0pt"><B><FONT style="FONT-SIZE: 10.5pt; TEXT-DECORATION: none" lang=EN-US face="times new roman"></FONT></B>&nbsp;</P>

<P style="MARGIN: 6.9pt 0in 0pt"><B><U><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="times new roman">Item&nbsp;16-F to Form 20-F</FONT></U></B><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="times new roman"> &nbsp;</FONT></B></P>

<P style="MARGIN: 6.9pt 0in 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="MARGIN: 6.9pt 0in 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="times new roman">Dear Sir: </FONT></P>

<P style="MARGIN: 6.9pt 0in 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="MARGIN: 6.9pt 0in 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="times new roman">We have read Item&nbsp;16-F of Form 20-F dated April&nbsp;30, 2013 of Asia Pacific Wire &amp; Cable Corporation Limited and are in agreement with the statements contained in the first to fourth paragraphs of Item&nbsp;16-F therein. We have no basis to agree or disagree with other statements of the registrant contained therein. </FONT></P>

<P style="MARGIN: 6.9pt 0in 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="MARGIN: 6.9pt 0in 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="MARGIN: 6.9pt 0in 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="times new roman">Ernst&nbsp;&amp; Young </FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="times new roman">Hong Kong SAR</FONT></P>

<P style="MARGIN: 6.9pt 0in 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="times new roman"></FONT></B>&nbsp;</P>

<P style="MARGIN: 6.9pt 0in 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US face="times new roman">cc: Asia Pacific Wire &amp; Cable Corporation Limited </FONT></P>

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<P style="MARGIN: 6.9pt 0in 0pt" align=right>1</P></DIV></DIV>

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<DOCUMENT>
<TYPE>EX-4.6
<SEQUENCE>7
<FILENAME>exhibit_46.htm
<DESCRIPTION>EXHIBIT 4.6
<TEXT>

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<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10.5pt" lang=EN-US face="Times New Roman">Exhibit 4.6</FONT></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"><BR>INDEX TO AMENDED AND RESTATED SUMMARY OF JOINT VENTURE AGREEMENTS</FONT></B></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"><U>Page</U></FONT></B></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Shandong Huayu Pacific Fiber Optics Communication Co., Ltd.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Shandong Pacific Rubber Cable Co., Ltd.</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">4</FONT></P></TD></TR></TABLE></DIV>

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<P style="MARGIN: 0in 0in 0pt" align=center>1</P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Summary<BR>Of<BR>Joint Venture Agreement<BR><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(to set up Shandong Huayu Pacific Fiber<BR>Optics Communication Co., Ltd.)(&#8220;JV&#8221;)</FONT></B></FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT size=2></FONT>&nbsp;</P>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Date of the Agreement: </FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">September&nbsp;2, 2002</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Parties to the Agreement: </FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Hebei Huayu Co., Ltd. (&#8220;Party A&#8221;)<BR>PRC (APWC)&nbsp;Holdings Co., Ltd. (&#8220;Party B&#8221;)<BR>Sigma Cable Co. (Pte) Ltd. (&#8220;Party C&#8221;)</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Name of JV: </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Shandong Huayu Pacific Fiber Optics Communication Co., Ltd.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Purpose: </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The JV shall manufacture and sell telecommunication optical fibers and related products.</FONT></P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%" colSpan=5>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%" colSpan=5>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Registered Capital &amp;<BR>Capital Contribution: </FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The registered capital of the JV shall be 70,000,000 RMB. To be contributed by Party A in an amount of 35,700,000 RMB. Party B shall contribute in an amount of 23,100,000 RMB and Party C in an amount of 11,200,000 RMB.</FONT></P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%" colSpan=5>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Shareholdings: </FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Party A: 51%<BR>Party B: 33%<BR>Party C: 16% </FONT></P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%" colSpan=5>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Organization: </FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The Board of Directors of JV shall consist of seven (7)&nbsp;directors, four (4)&nbsp;of which shall be appointed by Party A, and three (3)&nbsp;appointed by Party B. The Chairman of the Board of Directors shall be appointed by Party A, and the Vice Chairman appointed by Party B. </FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%" colSpan=5>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The JV shall have one (1)&nbsp;General Manager, to be appointed by Party B, two (2) Deputy General Managers, the Senior Deputy General Manager shall be appointed by Party A. The Chief Financial Manager of JV shall be appointed by Party A.</FONT></P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%" colSpan=5>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Voting of Board of Directors: </FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The following matters shall be approved by unanimous consent of the Board of Directors:</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT></P></TD>

   <TD vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="2%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">1)</FONT></P></TD>

   <TD vAlign=top width="78%"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">

   <P style="MARGIN: 0in 0in 0pt 20pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Amendment to the Articles of Incorporation,</FONT></P></FONT></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="2%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2)</FONT></P></TD>

   <TD vAlign=top width="78%"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">

   <P style="MARGIN: 0in 0in 0pt 20pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Dissolution, termination or liquidation of the JV,</FONT></P></FONT></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="2%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT></P>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">3)</FONT></P></TD>

   <TD vAlign=top width="78%"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">

   <P style="MARGIN: 0in 0in 0pt 20pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Increase of registered capital, transfer and adjustment of shareholding percentage of the Parties,</FONT></P></FONT></TD></TR></TABLE></DIV>

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<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt" align=right>2</P>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

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   <P style="TEXT-INDENT: -11.25pt; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">4)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 20pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Merger and divide-up of the JV,</FONT></P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-INDENT: -11.25pt; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">5)</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt 20pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Loan or investment from a third party, and</FONT></P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-INDENT: -11.25pt; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">6)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 20pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Appointment of independent auditors.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="78%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp; </FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Other matters shall be adopted by an affirmative vote of a majority of directors.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Duration: </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The term of JV shall be thirty (30)&nbsp;years.</FONT></P></TD></TR>

<TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp; </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Termination: </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In the event of (1)&nbsp;mutual agreement, (2)&nbsp;expiry of term, (3)&nbsp;receipt of termination notice from non-defaulting party, and (4)&nbsp;force majeure, JV agreement may be legally terminated.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp; </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Governing laws: </FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The laws of People&#8217;s Republic of China.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp; </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Dispute Resolution: </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Any dispute in relation to or resulting from the JV Agreement shall be referred to the Arbitration Association located in Beijing, PRC, and the award of such association shall be final.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp; </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Language: </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The JV Agreement shall be in Chinese language.</FONT></P></TD></TR>

<TR>

   <TD width="20%">&nbsp;</TD>

   <TD width="2%">&nbsp;</TD>

   <TD width="78%">&nbsp;</TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Summary<BR>Of<BR>Joint Venture Agreement<BR><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(to set up Shandong Pacific Rubber Cable Co., Ltd.)(&#8220;JV&#8221;)</FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center>&nbsp;</P>

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<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="80%" colSpan=2>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Date of the Agreement: </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="80%" colSpan=2>

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">August&nbsp;22, 2000</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp; </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="80%" colSpan=2>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Parties to the Agreement: </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="80%" colSpan=2>

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">PRC (APWC)&nbsp;Holdings Co., Ltd. (&#8220;Party A&#8221;) <BR>Shandong Yanggu Cable Co., Ltd. (&#8220;Party B&#8221;)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp; </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="80%" colSpan=2>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Name of JV: </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="80%" colSpan=2>

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Shandong Pacific Rubber Cable Co., Ltd.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp; </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="80%" colSpan=2>

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Purpose: </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="80%" colSpan=2>

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">To manufacture and sell rubber cables for mining and shipping purposes, for use at power plant, and light weight cables.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp; </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="80%" colSpan=2>

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Size of Production: </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="80%" colSpan=2>

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">3,000 MT per year.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp; </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="80%" colSpan=2>

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Registered Capital &amp;<BR>Capital Contribution: </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="80%" colSpan=2>

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The total capitalization shall be 45,000,000 RMB and the registered capital of the JV shall be 38,400,000 RMB. Party A shall contribute in an amount of 9,600,000 RMB and Party B shall contribute in an amount of 28,800,000 RMB.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp; </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="80%" colSpan=2>

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Shareholdings: </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="80%" colSpan=2>

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Party A: 25%<BR>Party B: 75%</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp; </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="80%" colSpan=2>

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Organization: </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="80%" colSpan=2>

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The Board of Directors of JV shall consist of five (5)&nbsp;directors, two (2)&nbsp;of which shall be appointed by Party A, and three (3)&nbsp;appointed by Party B. The Chairman of the Board of Directors shall be appointed by Party B, and the Vice Chairman appointed by Party B.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp; </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="80%" colSpan=2>

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="80%" colSpan=2>

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The General Manager of JV shall be appointed by Party B, the Deputy General Manager shall be appointed by Party A. The Chief Financial Manager of JV shall be appointed by Party A.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp; </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="80%" colSpan=2>

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Voting of Board of Directors: </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="80%" colSpan=2>

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The following matters shall be approved by unanimous consent of the Board of Directors:</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="78%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-INDENT: -11.25pt; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">1)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 15pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Amendment to the Articles of Incorporation,</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-INDENT: -11.25pt; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 15pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Dissolution, termination or liquidation of the JV,</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-INDENT: -11.25pt; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">3)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 15pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Increase of registered capital, transfer and adjustment of shareholding percentage of the Parties,</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-INDENT: -11.25pt; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">4)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 15pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Merger and divide-up of the JV, and</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-INDENT: -11.25pt; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">5)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 15pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Loan or investment from a third party.</FONT></P></TD></TR>

<TR>

   <TD width="20%">&nbsp;</TD>

   <TD vAlign=top width="2%">&nbsp;</TD>

   <TD vAlign=top width="78%">&nbsp;</TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">4</FONT></P>

<a name="_bclFooter5"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></DIV></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_2"></A>

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<DIV align=center>

<TABLE style="WIDTH: 100%" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="78%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp; </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Other matters shall be adopted by an affirmative vote of a majority of directors.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp; </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Sales: </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The sales of products of JV shall be allocated as follows:</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp; </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Export: 80%<BR>Domestic sales: 20%</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp; </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Duration: </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The term of JV shall be thirty (30)&nbsp;years.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp; </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Termination: </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In the event of (1)&nbsp;mutual agreement, (2)&nbsp;expiry of term, (3)&nbsp;receipt of termination notice from non-defaulting party, and (4)&nbsp;force majeure, JV agreement may be legally terminated.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp; </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Governing laws: </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The laws of People&#8217;s Republic of China.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp; </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Dispute Resolution: </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Any dispute in relation to or resulting from the JV Agreement shall be referred to the Arbitration Association located in Beijing, PRC, and the award of such association shall be final.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp; </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Language: </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="78%">

   <P style="MARGIN: 0in 0in 0pt 8.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The JV Agreement shall be in Chinese language.</FONT></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt">&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt" align=right>5</P>

<a name="_bclFooter6"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></DIV></DIV>

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	  <link:definition>0011 - Disclosure - Note 3 - CHANGES IN PRESENTATION OF COMPARATIVE FINANCIAL STATEMENTS</link:definition>
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	  <link:definition>0012 - Disclosure - Note 4 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</link:definition>
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	  <link:definition>0013 - Disclosure - Note 5 - SHORT-TERM BANK DEPOSITS</link:definition>
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	  <link:definition>0014 - Disclosure - Note 6 - GOODWILL</link:definition>
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	  <link:definition>0015 - Disclosure - Note 7 - INVESTMENTS</link:definition>
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	  <link:definition>0016 - Disclosure - Note 8 - BANK LOANS AND OVERDRAFTS</link:definition>
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	  <link:definition>0017 - Disclosure - Note 9 - EARNINGS (LOSS) PER SHARE</link:definition>
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	  <link:definition>0018 - Disclosure - Note 10 - VALUATION AND QUALIFYING ACCOUNTS</link:definition>
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	  <link:definition>0019 - Disclosure - Note 11 - INCOME TAXES</link:definition>
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	  <link:definition>0021 - Disclosure - Note 13 - ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)</link:definition>
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	  <link:definition>0022 - Disclosure - Note 14 - COMMITMENTS AND CONTINGENCIES</link:definition>
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	  <link:definition>0023 - Disclosure - Note 15 - FLOODING IN THAILAND</link:definition>
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	  <link:definition>0024 - Disclosure - Note 16 - FAIR VALUE DISCLOSURES</link:definition>
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	  <link:definition>0025 - Disclosure - Note 17 - CONCENTRATIONS OF RISKS</link:definition>
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	  <link:definition>0026 - Disclosure - Note 18 - RELATED PARTY BALANCES AND TRANSACTIONS</link:definition>
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	  <link:definition>0027 - Disclosure - Note 19 - DEFINED CONTRIBUTION AND BENEFIT PLANS</link:definition>
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	  <link:definition>0028 - Disclosure - Note 20 - DISCONTINUED OPERATIONS</link:definition>
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	  <link:definition>0029 - Disclosure - Note 21 -SEGMENT FINANCIAL INFORMATION</link:definition>
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	  <link:definition>0030 - Disclosure - Note 22 - SUMMARIZED FINANCIAL INFORMATION OF EQUITY INVESTEES</link:definition>
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	  <link:definition>0031 - Disclosure - Note 4 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)</link:definition>
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	  <link:definition>0032 - Disclosure - Note 1 - ORGANIZATION AND PRINCIPAL ACTIVITIES (Tables)</link:definition>
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	  <link:definition>0033 - Disclosure - Note 4 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)</link:definition>
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	  <link:definition>0034 - Disclosure - Note 5 - SHORT-TERM BANK DEPOSITS (Tables)</link:definition>
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	  <link:definition>0035 - Disclosure - Note 6 - GOODWILL (Tables)</link:definition>
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	  <link:definition>0036 - Disclosure - Note 7 - INVESTMENTS (Tables)</link:definition>
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	  <link:definition>0037 - Disclosure - Note 8 - BANK LOANS AND OVERDRAFTS (Tables)</link:definition>
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	  <link:definition>0038 - Disclosure - Note 9 - EARNINGS (LOSS) PER SHARE (Tables)</link:definition>
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	  <link:definition>0039 - Disclosure - Note 10 - VALUATION AND QUALIFYING ACCOUNTS (Tables)</link:definition>
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	  <link:definition>0040 - Disclosure - Note 11 - INCOME TAXES (Tables)</link:definition>
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	  <link:definition>0041 - Disclosure - Note 12 - VALUE ADDED TAX (VAT) (Tables)</link:definition>
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	  <link:definition>0042 - Disclosure - Note 13 - ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)</link:definition>
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	  <link:definition>0043 - Disclosure - Note 14 - COMMITMENTS AND CONTINGENCIES (Tables)</link:definition>
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	  <link:definition>0044 - Disclosure - Note 15 - FLOODING IN THAILAND (Tables)</link:definition>
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	  <link:definition>0045 - Disclosure - Note 18 - RELATED PARTY BALANCES AND TRANSACTIONS (Tables)</link:definition>
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	  <link:definition>0046 - Disclosure - Note 19 - DEFINED CONTRIBUTION AND BENEFIT PLANS (Tables)</link:definition>
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	  <link:definition>0047 - Disclosure - Note 20 - DISCONTINUED OPERATIONS (Tables)</link:definition>
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	  <link:definition>0048 - Disclosure - Note 21 -SEGMENT FINANCIAL INFORMATION (Tables)</link:definition>
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	  <link:usedOn>link:calculationLink</link:usedOn>
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	  <link:definition>0049 - Disclosure - Note 22 - SUMMARIZED FINANCIAL INFORMATION OF EQUITY INVESTEES (Tables)</link:definition>
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	  <link:definition>0050 - Disclosure - Note 1 - ORGANIZATION AND PRINCIPAL ACTIVITIES (Details)</link:definition>
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	  <link:definition>0051 - Disclosure - Note 4 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)</link:definition>
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	  <link:usedOn>link:calculationLink</link:usedOn>
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	  <link:definition>0052 - Disclosure - Note 4 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)</link:definition>
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	<link:roleType roleURI="http://apwcc.com/role/Note5-Short-TermBankDepositsDetails" id="Note5-Short-TermBankDepositsDetails">
	  <link:definition>0053 - Disclosure - Note 5 - SHORT-TERM BANK DEPOSITS (Details)</link:definition>
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	<link:roleType roleURI="http://apwcc.com/role/Note5-Short-TermBankDepositsDetailsNarrative" id="Note5-Short-TermBankDepositsDetailsNarrative">
	  <link:definition>0054 - Disclosure - Note 5 - SHORT-TERM BANK DEPOSITS (Details Narrative)</link:definition>
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	  <link:usedOn>link:calculationLink</link:usedOn>
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	  <link:definition>0055 - Disclosure - Note 6 - GOODWILL (Details)</link:definition>
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	<link:roleType roleURI="http://apwcc.com/role/Note6-GoodwillDetailsNarrative" id="Note6-GoodwillDetailsNarrative">
	  <link:definition>0056 - Disclosure - Note 6 - GOODWILL (Details Narrative)</link:definition>
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	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note7-InvestmentsDetails" id="Note7-InvestmentsDetails">
	  <link:definition>0057 - Disclosure - Note 7 - INVESTMENTS (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note7-InvestmentsDetails1" id="Note7-InvestmentsDetails1">
	  <link:definition>0058 - Disclosure - Note 7 - INVESTMENTS (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note7-InvestmentsDetailsNarrative" id="Note7-InvestmentsDetailsNarrative">
	  <link:definition>0059 - Disclosure - Note 7 - INVESTMENTS (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note8-BankLoansAndOverdraftsDetails" id="Note8-BankLoansAndOverdraftsDetails">
	  <link:definition>0060 - Disclosure - Note 8 - BANK LOANS AND OVERDRAFTS (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note8-BankLoansAndOverdraftsDetailsNarrative" id="Note8-BankLoansAndOverdraftsDetailsNarrative">
	  <link:definition>0061 - Disclosure - Note 8 - BANK LOANS AND OVERDRAFTS (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note9-EarningsLossPerShareDetails" id="Note9-EarningsLossPerShareDetails">
	  <link:definition>0062 - Disclosure - Note 9 - EARNINGS (LOSS) PER SHARE (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note9-EarningsLossPerShareDetailsNarrative" id="Note9-EarningsLossPerShareDetailsNarrative">
	  <link:definition>0063 - Disclosure - Note 9 - EARNINGS (LOSS) PER SHARE (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note10-ValuationAndQualifyingAccountsDetails" id="Note10-ValuationAndQualifyingAccountsDetails">
	  <link:definition>0064 - Disclosure - Note 10 - VALUATION AND QUALIFYING ACCOUNTS (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note10-ValuationAndQualifyingAccountsDetailsNarrative" id="Note10-ValuationAndQualifyingAccountsDetailsNarrative">
	  <link:definition>0065 - Disclosure - Note 10 - VALUATION AND QUALIFYING ACCOUNTS (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note11-IncomeTaxesDetails" id="Note11-IncomeTaxesDetails">
	  <link:definition>0066 - Disclosure - Note 11 - INCOME TAXES (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note11-IncomeTaxesDetails1" id="Note11-IncomeTaxesDetails1">
	  <link:definition>0067 - Disclosure - Note 11 - INCOME TAXES (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note11-IncomeTaxesDetails2" id="Note11-IncomeTaxesDetails2">
	  <link:definition>0068 - Disclosure - Note 11 - INCOME TAXES (Details 2)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note11-IncomeTaxesDetails3" id="Note11-IncomeTaxesDetails3">
	  <link:definition>0069 - Disclosure - Note 11 - INCOME TAXES (Details 3)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note11-IncomeTaxesDetails4" id="Note11-IncomeTaxesDetails4">
	  <link:definition>0070 - Disclosure - Note 11 - INCOME TAXES (Details 4)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note11-IncomeTaxesDetails5" id="Note11-IncomeTaxesDetails5">
	  <link:definition>0071 - Disclosure - Note 11 - INCOME TAXES (Details 5)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note11-IncomeTaxesDetails6" id="Note11-IncomeTaxesDetails6">
	  <link:definition>0072 - Disclosure - Note 11 - INCOME TAXES (Details 6)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note11-IncomeTaxesDetails7" id="Note11-IncomeTaxesDetails7">
	  <link:definition>0073 - Disclosure - Note 11 - INCOME TAXES (Details 7)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note11-IncomeTaxesDetails8" id="Note11-IncomeTaxesDetails8">
	  <link:definition>0074 - Disclosure - Note 11 - INCOME TAXES (Details 8)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note11-IncomeTaxesDetailsNarrative" id="Note11-IncomeTaxesDetailsNarrative">
	  <link:definition>0075 - Disclosure - Note 11 - INCOME TAXES (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note12-ValueAddedTaxVatDetails" id="Note12-ValueAddedTaxVatDetails">
	  <link:definition>0076 - Disclosure - Note 12 - VALUE ADDED TAX (VAT) (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note13-AccumulatedOtherComprehensiveIncomeLossDetails" id="Note13-AccumulatedOtherComprehensiveIncomeLossDetails">
	  <link:definition>0077 - Disclosure - Note 13 - ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note14-CommitmentsAndContingenciesDetails" id="Note14-CommitmentsAndContingenciesDetails">
	  <link:definition>0078 - Disclosure - Note 14 - COMMITMENTS AND CONTINGENCIES (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note14-CommitmentsAndContingenciesDetails1" id="Note14-CommitmentsAndContingenciesDetails1">
	  <link:definition>0079 - Disclosure - Note 14 - COMMITMENTS AND CONTINGENCIES (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note14-CommitmentsAndContingenciesDetailsNarrative" id="Note14-CommitmentsAndContingenciesDetailsNarrative">
	  <link:definition>0080 - Disclosure - Note 14 - COMMITMENTS AND CONTINGENCIES (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note15-FloodingInThailandDetails" id="Note15-FloodingInThailandDetails">
	  <link:definition>0081 - Disclosure - Note 15 - FLOODING IN THAILAND (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note15-FloodingInThailandDetailsNarrative" id="Note15-FloodingInThailandDetailsNarrative">
	  <link:definition>0082 - Disclosure - Note 15 - FLOODING IN THAILAND (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note17-ConcentrationsOfRisksDetailsNarrative" id="Note17-ConcentrationsOfRisksDetailsNarrative">
	  <link:definition>0083 - Disclosure - Note 17 - CONCENTRATIONS OF RISKS (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note18-RelatedPartyBalancesAndTransactionsDetails" id="Note18-RelatedPartyBalancesAndTransactionsDetails">
	  <link:definition>0084 - Disclosure - Note 18 - RELATED PARTY BALANCES AND TRANSACTIONS (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note18-RelatedPartyBalancesAndTransactionsDetails1" id="Note18-RelatedPartyBalancesAndTransactionsDetails1">
	  <link:definition>0085 - Disclosure - Note 18 - RELATED PARTY BALANCES AND TRANSACTIONS (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note19-DefinedContributionAndBenefitPlansDetails" id="Note19-DefinedContributionAndBenefitPlansDetails">
	  <link:definition>0086 - Disclosure - Note 19 - DEFINED CONTRIBUTION AND BENEFIT PLANS (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note19-DefinedContributionAndBenefitPlansDetails1" id="Note19-DefinedContributionAndBenefitPlansDetails1">
	  <link:definition>0087 - Disclosure - Note 19 - DEFINED CONTRIBUTION AND BENEFIT PLANS (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note19-DefinedContributionAndBenefitPlansDetails2" id="Note19-DefinedContributionAndBenefitPlansDetails2">
	  <link:definition>0088 - Disclosure - Note 19 - DEFINED CONTRIBUTION AND BENEFIT PLANS (Details 2)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note19-DefinedContributionAndBenefitPlansDetailsNarrative" id="Note19-DefinedContributionAndBenefitPlansDetailsNarrative">
	  <link:definition>0089 - Disclosure - Note 19 - DEFINED CONTRIBUTION AND BENEFIT PLANS (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note20-DiscontinuedOperationsDetails" id="Note20-DiscontinuedOperationsDetails">
	  <link:definition>0090 - Disclosure - Note 20 - DISCONTINUED OPERATIONS (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note20-DiscontinuedOperationsDetails1" id="Note20-DiscontinuedOperationsDetails1">
	  <link:definition>0091 - Disclosure - Note 20 - DISCONTINUED OPERATIONS (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note21-SegmentFinancialInformationDetails" id="Note21-SegmentFinancialInformationDetails">
	  <link:definition>0092 - Disclosure - Note 21 -SEGMENT FINANCIAL INFORMATION (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note21-SegmentFinancialInformationDetails1" id="Note21-SegmentFinancialInformationDetails1">
	  <link:definition>0093 - Disclosure - Note 21 -SEGMENT FINANCIAL INFORMATION (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note21-SegmentFinancialInformationDetails2" id="Note21-SegmentFinancialInformationDetails2">
	  <link:definition>0094 - Disclosure - Note 21 -SEGMENT FINANCIAL INFORMATION (Details 2)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note21-SegmentFinancialInformationDetailsNarrative" id="Note21-SegmentFinancialInformationDetailsNarrative">
	  <link:definition>0095 - Disclosure - Note 21 -SEGMENT FINANCIAL INFORMATION (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note22-SummarizedFinancialInformationOfEquityInvesteesDetails" id="Note22-SummarizedFinancialInformationOfEquityInvesteesDetails">
	  <link:definition>0096 - Disclosure - Note 22 - SUMMARIZED FINANCIAL INFORMATION OF EQUITY INVESTEES (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://apwcc.com/role/Note22-SummarizedFinancialInformationOfEquityInvesteesDetails1" id="Note22-SummarizedFinancialInformationOfEquityInvesteesDetails1">
	  <link:definition>0097 - Disclosure - Note 22 - SUMMARIZED FINANCIAL INFORMATION OF EQUITY INVESTEES (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:linkbaseRef xlink:type="simple" xlink:href="apwc-20121231_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Presentation Links" />
	<link:linkbaseRef xlink:type="simple" xlink:href="apwc-20121231_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Label Links" />
	<link:linkbaseRef xlink:type="simple" xlink:href="apwc-20121231_cal.xml" xlink:role="http://www.xbrl.org/2003/role/calculationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Calculation Links" />
	<link:linkbaseRef xlink:type="simple" xlink:href="apwc-20121231_def.xml" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Definition Links" />
      </appinfo>
    </annotation>
    <import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" />
    <import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" />
    <import namespace="http://xbrl.org/2005/xbrldt" schemaLocation="http://www.xbrl.org/2005/xbrldt-2005.xsd" />
    <import namespace="http://xbrl.sec.gov/dei/2012-01-31" schemaLocation="http://xbrl.sec.gov/dei/2012/dei-2012-01-31.xsd" />
    <import namespace="http://fasb.org/us-gaap/2012-01-31" schemaLocation="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd" />
    <import namespace="http://fasb.org/us-types/2012-01-31" schemaLocation="http://xbrl.fasb.org/us-gaap/2012/elts/us-types-2012-01-31.xsd" />
    <import namespace="http://www.xbrl.org/dtr/type/non-numeric" schemaLocation="http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd" />
    <import namespace="http://www.xbrl.org/dtr/type/numeric" schemaLocation="http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd" />
    <element id="apwc_ManufacturedProductsMember" name="ManufacturedProductsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="apwc_DiscontinuedOperationMember" name="DiscontinuedOperationMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="apwc_DistributedProductsMember" name="DistributedProductsMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="apwc_AsiaPacificWireAndCableGeneralHoldingsMember" name="AsiaPacificWireAndCableGeneralHoldingsMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="apwc_PRCHoldingMember" name="PRCHoldingMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="apwc_SamrayIncMember" name="SamrayIncMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="apwc_SiamHoldingsMember" name="SiamHoldingsMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="apwc_MoonViewMember" name="MoonViewMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="apwc_TrigentInvestmentHoldingsMember" name="TrigentInvestmentHoldingsMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="apwc_CrownCenturyHoldingsMember" name="CrownCenturyHoldingsMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="apwc_SigmaCableCompanyMember" name="SigmaCableCompanyMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="apwc_SigmaEpanInternationalPteMember" name="SigmaEpanInternationalPteMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="apwc_EpanIndustriesPteMember" name="EpanIndustriesPteMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="apwc_EpanDataCommSystemPteMember" name="EpanDataCommSystemPteMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="apwc_SingvalePteMember" name="SingvalePteMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
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<DOCUMENT>
<TYPE>EX-101.CAL
<SEQUENCE>9
<FILENAME>apwc-20121231_cal.xml
<DESCRIPTION>XBRL CALCULATION FILE
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>11
<FILENAME>apwc-20121231_lab.xml
<DESCRIPTION>XBRL LABEL FILE
<TEXT>
<XBRL>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ShandongPacificFiberOpticsMember_lbl" xml:lang="en-US">Shandong Pacific Fiber Optics Co. Ltd (SPFO)**</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_PacificElectricWireAndCableMember" xlink:label="apwc_PacificElectricWireAndCableMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PacificElectricWireAndCableMember" xlink:to="apwc_PacificElectricWireAndCableMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_PacificElectricWireAndCableMember_lbl" xml:lang="en-US">Pacific Electric Wire &amp;amp;amp; Cable (Shenzhen) Co., Ltd</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_CrownCenturyHoldingsOneMember" xlink:label="apwc_CrownCenturyHoldingsOneMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CrownCenturyHoldingsOneMember" xlink:to="apwc_CrownCenturyHoldingsOneMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_CrownCenturyHoldingsOneMember_lbl" xml:lang="en-US">Crown Century Holdings Limited</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_AustraliaPacificElectricCablePtyMember" xlink:label="apwc_AustraliaPacificElectricCablePtyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_AustraliaPacificElectricCablePtyMember" xlink:to="apwc_AustraliaPacificElectricCablePtyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_AustraliaPacificElectricCablePtyMember_lbl" xml:lang="en-US">Australia Pacific Electric Cable Pty Limited</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_CharoongThaiWireAndCablePublicCompanyMember" xlink:label="apwc_CharoongThaiWireAndCablePublicCompanyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CharoongThaiWireAndCablePublicCompanyMember" xlink:to="apwc_CharoongThaiWireAndCablePublicCompanyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_CharoongThaiWireAndCablePublicCompanyMember_lbl" xml:lang="en-US">Charoong Thai Wire and Cable Public Company Limited</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_SiamPacificElectricWireAndCableCompanyMember" xlink:label="apwc_SiamPacificElectricWireAndCableCompanyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SiamPacificElectricWireAndCableCompanyMember" xlink:to="apwc_SiamPacificElectricWireAndCableCompanyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_SiamPacificElectricWireAndCableCompanyMember_lbl" xml:lang="en-US">Siam Pacific Electric Wire &amp;amp;amp; Cable Company Limited</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_PacificThaiElectricWireAndCableCompanyMember" xlink:label="apwc_PacificThaiElectricWireAndCableCompanyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PacificThaiElectricWireAndCableCompanyMember" xlink:to="apwc_PacificThaiElectricWireAndCableCompanyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_PacificThaiElectricWireAndCableCompanyMember_lbl" xml:lang="en-US">Pacific-Thai Electric Wire &amp;amp;amp; Cable Company Limited</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DoubleDCableCompanyMember" xlink:label="apwc_DoubleDCableCompanyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DoubleDCableCompanyMember" xlink:to="apwc_DoubleDCableCompanyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DoubleDCableCompanyMember_lbl" xml:lang="en-US">Double D Cable Company Limited</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_HardLekMember" xlink:label="apwc_HardLekMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_HardLekMember" xlink:to="apwc_HardLekMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_HardLekMember_lbl" xml:lang="en-US">Hard Lek Limited</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ApwcThailandCompanyMember" xlink:label="apwc_ApwcThailandCompanyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ApwcThailandCompanyMember" xlink:to="apwc_ApwcThailandCompanyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ApwcThailandCompanyMember_lbl" xml:lang="en-US">APWC (Thailand) Co., Ltd</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_PewcThailandCompanyMember" xlink:label="apwc_PewcThailandCompanyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PewcThailandCompanyMember" xlink:to="apwc_PewcThailandCompanyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_PewcThailandCompanyMember_lbl" xml:lang="en-US">PEWC (Thailand) Co., Ltd</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_CtwBetaComapnyMember" xlink:label="apwc_CtwBetaComapnyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CtwBetaComapnyMember" xlink:to="apwc_CtwBetaComapnyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_CtwBetaComapnyMember_lbl" xml:lang="en-US">CTW Beta Co. Ltd.</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_SiamFiberOpticsCompanyMember" xlink:label="apwc_SiamFiberOpticsCompanyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SiamFiberOpticsCompanyMember" xlink:to="apwc_SiamFiberOpticsCompanyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_SiamFiberOpticsCompanyMember_lbl" xml:lang="en-US">Siam Fiber Optics Co. Ltd</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_MyanmarSigmaCableCompanyMember" xlink:label="apwc_MyanmarSigmaCableCompanyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_MyanmarSigmaCableCompanyMember" xlink:to="apwc_MyanmarSigmaCableCompanyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_MyanmarSigmaCableCompanyMember_lbl" xml:lang="en-US">Myanmar Sigma Cable Co., Ltd. (deconsolidated due to its liquidation)</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ShandongHuayuPacificFiberOpticsCommunicationsCompanyMember" xlink:label="apwc_ShandongHuayuPacificFiberOpticsCommunicationsCompanyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ShandongHuayuPacificFiberOpticsCommunicationsCompanyMember" xlink:to="apwc_ShandongHuayuPacificFiberOpticsCommunicationsCompanyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ShandongHuayuPacificFiberOpticsCommunicationsCompanyMember_lbl" xml:lang="en-US">Shandong Huayu Pacific Fiber Optics Communications Co., Ltd.</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ShandongPacificRubberCableCompanyMember" xlink:label="apwc_ShandongPacificRubberCableCompanyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ShandongPacificRubberCableCompanyMember" xlink:to="apwc_ShandongPacificRubberCableCompanyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ShandongPacificRubberCableCompanyMember_lbl" xml:lang="en-US">Shandong Pacific Rubber Cable Co., Ltd.</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_SiamPacificHoldingCompanyMember" xlink:label="apwc_SiamPacificHoldingCompanyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SiamPacificHoldingCompanyMember" xlink:to="apwc_SiamPacificHoldingCompanyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_SiamPacificHoldingCompanyMember_lbl" xml:lang="en-US">Siam Pacific Holding Company Limited</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_LoxleyPacificCompanyMember" xlink:label="apwc_LoxleyPacificCompanyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_LoxleyPacificCompanyMember" xlink:to="apwc_LoxleyPacificCompanyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_LoxleyPacificCompanyMember_lbl" xml:lang="en-US">Loxley Pacific Co., Ltd.</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LandMember" xlink:label="us-gaap_LandMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LandMember" xlink:to="us-gaap_LandMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LandMember_lbl" xml:lang="en-US">Land [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PropertyPlantAndEquipmentByTypeAxis" xlink:label="us-gaap_PropertyPlantAndEquipmentByTypeAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentByTypeAxis" xlink:to="us-gaap_PropertyPlantAndEquipmentByTypeAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentByTypeAxis_lbl" xml:lang="en-US">Property, Plant and Equipment by Type [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_LandUseRightsMember" xlink:label="apwc_LandUseRightsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_LandUseRightsMember" xlink:to="apwc_LandUseRightsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_LandUseRightsMember_lbl" xml:lang="en-US">Land use rights [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_MinimumMember" xlink:label="us-gaap_MinimumMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MinimumMember" xlink:to="us-gaap_MinimumMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MinimumMember_lbl" xml:lang="en-US">Minimum [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RangeAxis" xlink:label="us-gaap_RangeAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RangeAxis" xlink:to="us-gaap_RangeAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RangeAxis_lbl" xml:lang="en-US">Range [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_MaximumMember" xlink:label="us-gaap_MaximumMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MaximumMember" xlink:to="us-gaap_MaximumMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MaximumMember_lbl" xml:lang="en-US">Maximum [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_BuildingsMember" xlink:label="apwc_BuildingsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_BuildingsMember" xlink:to="apwc_BuildingsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_BuildingsMember_lbl" xml:lang="en-US">Buildings [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_MachineryAndEquipmentMember" xlink:label="us-gaap_MachineryAndEquipmentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MachineryAndEquipmentMember" xlink:to="us-gaap_MachineryAndEquipmentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MachineryAndEquipmentMember_lbl" xml:lang="en-US">Machinery and Equipment [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_VehiclesMember" xlink:label="us-gaap_VehiclesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_VehiclesMember" xlink:to="us-gaap_VehiclesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_VehiclesMember_lbl" xml:lang="en-US">Motor vehicles [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OfficeEquipmentMember" xlink:label="us-gaap_OfficeEquipmentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OfficeEquipmentMember" xlink:to="us-gaap_OfficeEquipmentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OfficeEquipmentMember_lbl" xml:lang="en-US">Office Equipment [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_Investment1Member" xlink:label="apwc_Investment1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_Investment1Member" xlink:to="apwc_Investment1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_Investment1Member_lbl" xml:lang="en-US">Investment 1</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="us-gaap_InvestmentTypeAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentTypeAxis" xlink:to="us-gaap_InvestmentTypeAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentTypeAxis_lbl" xml:lang="en-US">Investment Type [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_Investment2Member" xlink:label="apwc_Investment2Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_Investment2Member" xlink:to="apwc_Investment2Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_Investment2Member_lbl" xml:lang="en-US">Investment 2</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AllowanceForDoubtfulAccountsMember" xlink:label="us-gaap_AllowanceForDoubtfulAccountsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AllowanceForDoubtfulAccountsMember" xlink:to="us-gaap_AllowanceForDoubtfulAccountsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AllowanceForDoubtfulAccountsMember_lbl" xml:lang="en-US">Allowance for doubtful accounts</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ValuationAllowancesAndReservesTypeAxis" xlink:label="us-gaap_ValuationAllowancesAndReservesTypeAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ValuationAllowancesAndReservesTypeAxis" xlink:to="us-gaap_ValuationAllowancesAndReservesTypeAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ValuationAllowancesAndReservesTypeAxis_lbl" xml:lang="en-US">Valuation Allowances and Reserves Type [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_InventoryImpairmentLowerOfCostOrMarketMember" xlink:label="apwc_InventoryImpairmentLowerOfCostOrMarketMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_InventoryImpairmentLowerOfCostOrMarketMember" xlink:to="apwc_InventoryImpairmentLowerOfCostOrMarketMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_InventoryImpairmentLowerOfCostOrMarketMember_lbl" xml:lang="en-US">Inventory impairment Lower of cost or market</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InventoryValuationAndObsolescenceMember" xlink:label="us-gaap_InventoryValuationAndObsolescenceMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InventoryValuationAndObsolescenceMember" xlink:to="us-gaap_InventoryValuationAndObsolescenceMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InventoryValuationAndObsolescenceMember_lbl" xml:lang="en-US">Inventory impairment Obsolescence</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ValuationAllowanceOfDeferredTaxAssetsMember" xlink:label="us-gaap_ValuationAllowanceOfDeferredTaxAssetsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ValuationAllowanceOfDeferredTaxAssetsMember" xlink:to="us-gaap_ValuationAllowanceOfDeferredTaxAssetsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ValuationAllowanceOfDeferredTaxAssetsMember_lbl" xml:lang="en-US">Allowance for deferred tax assets</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_InventoryImpairmentChargesRelatedToFloodingMember" xlink:label="apwc_InventoryImpairmentChargesRelatedToFloodingMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_InventoryImpairmentChargesRelatedToFloodingMember" xlink:to="apwc_InventoryImpairmentChargesRelatedToFloodingMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_InventoryImpairmentChargesRelatedToFloodingMember_lbl" xml:lang="en-US">Inventory impairment Charges related to flooding</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ThailandMember" xlink:label="apwc_ThailandMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ThailandMember" xlink:to="apwc_ThailandMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ThailandMember_lbl" xml:lang="en-US">Thailand</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="us-gaap_StatementGeographicalAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementGeographicalAxis" xlink:to="us-gaap_StatementGeographicalAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementGeographicalAxis_lbl" xml:lang="en-US">Geographical [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_SingaporeMember" xlink:label="apwc_SingaporeMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SingaporeMember" xlink:to="apwc_SingaporeMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_SingaporeMember_lbl" xml:lang="en-US">Singapore</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_AustraliaMember" xlink:label="apwc_AustraliaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_AustraliaMember" xlink:to="apwc_AustraliaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_AustraliaMember_lbl" xml:lang="en-US">Australia</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_PeoplesRepublicOfChinaMember" xlink:label="apwc_PeoplesRepublicOfChinaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PeoplesRepublicOfChinaMember" xlink:to="apwc_PeoplesRepublicOfChinaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_PeoplesRepublicOfChinaMember_lbl" xml:lang="en-US">The People's Republic of China</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_MyanmarMember" xlink:label="apwc_MyanmarMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_MyanmarMember" xlink:to="apwc_MyanmarMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_MyanmarMember_lbl" xml:lang="en-US">Myanmar</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_OthersMember" xlink:label="apwc_OthersMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_OthersMember" xlink:to="apwc_OthersMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_OthersMember_lbl" xml:lang="en-US">Others</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ThailandEquityInvesteesMember" xlink:label="apwc_ThailandEquityInvesteesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ThailandEquityInvesteesMember" xlink:to="apwc_ThailandEquityInvesteesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ThailandEquityInvesteesMember_lbl" xml:lang="en-US">Equity Investees Thailand</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_PeoplesRepublicOfChinaEquityInvesteesMember" xlink:label="apwc_PeoplesRepublicOfChinaEquityInvesteesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PeoplesRepublicOfChinaEquityInvesteesMember" xlink:to="apwc_PeoplesRepublicOfChinaEquityInvesteesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_PeoplesRepublicOfChinaEquityInvesteesMember_lbl" xml:lang="en-US">Equity Investees The People's Republic of China</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ChinaMember" xlink:label="apwc_ChinaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ChinaMember" xlink:to="apwc_ChinaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ChinaMember_lbl" xml:lang="en-US">China</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_PEWCMember" xlink:label="apwc_PEWCMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PEWCMember" xlink:to="apwc_PEWCMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_PEWCMember_lbl" xml:lang="en-US">PEWC</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_PEWCSingaporeBranchMember" xlink:label="apwc_PEWCSingaporeBranchMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PEWCSingaporeBranchMember" xlink:to="apwc_PEWCSingaporeBranchMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_PEWCSingaporeBranchMember_lbl" xml:lang="en-US">PEWC Singapore Branch</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ItalianThaiDevelopmentPublicCompanyLimitedAndItsAffiliateMember" xlink:label="apwc_ItalianThaiDevelopmentPublicCompanyLimitedAndItsAffiliateMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ItalianThaiDevelopmentPublicCompanyLimitedAndItsAffiliateMember" xlink:to="apwc_ItalianThaiDevelopmentPublicCompanyLimitedAndItsAffiliateMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ItalianThaiDevelopmentPublicCompanyLimitedAndItsAffiliateMember_lbl" xml:lang="en-US">Italian-Thai and its affiliates</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_SPHCMember" xlink:label="apwc_SPHCMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SPHCMember" xlink:to="apwc_SPHCMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_SPHCMember_lbl" xml:lang="en-US">SPHC</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ShandongYangguWireCableCorpLtdMember" xlink:label="apwc_ShandongYangguWireCableCorpLtdMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ShandongYangguWireCableCorpLtdMember" xlink:to="apwc_ShandongYangguWireCableCorpLtdMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ShandongYangguWireCableCorpLtdMember_lbl" xml:lang="en-US">Shandong Yanggu Wire Cable Corp Ltd (Shandong Yanggu)</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_PEWCSingaporeCoPteLtdMember" xlink:label="apwc_PEWCSingaporeCoPteLtdMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PEWCSingaporeCoPteLtdMember" xlink:to="apwc_PEWCSingaporeCoPteLtdMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_PEWCSingaporeCoPteLtdMember_lbl" xml:lang="en-US">PEWC Singapore Co (Pte) Ltd</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ShandongYangguMember" xlink:label="apwc_ShandongYangguMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ShandongYangguMember" xlink:to="apwc_ShandongYangguMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ShandongYangguMember_lbl" xml:lang="en-US">Shandong Yanggu</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_FujikuraLimitedMember" xlink:label="apwc_FujikuraLimitedMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_FujikuraLimitedMember" xlink:to="apwc_FujikuraLimitedMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_FujikuraLimitedMember_lbl" xml:lang="en-US">Fujikura Limited</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ThaiMetalProcessingCoLtdMember" xlink:label="apwc_ThaiMetalProcessingCoLtdMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ThaiMetalProcessingCoLtdMember" xlink:to="apwc_ThaiMetalProcessingCoLtdMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ThaiMetalProcessingCoLtdMember_lbl" xml:lang="en-US">TMP</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ShandongHuayuMember" xlink:label="apwc_ShandongHuayuMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ShandongHuayuMember" xlink:to="apwc_ShandongHuayuMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ShandongHuayuMember_lbl" xml:lang="en-US">Shandong Huayu</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_CopperMember" xlink:label="apwc_CopperMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CopperMember" xlink:to="apwc_CopperMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_CopperMember_lbl" xml:lang="en-US">Copper</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProductOrServiceAxis" xlink:label="us-gaap_ProductOrServiceAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProductOrServiceAxis" xlink:to="us-gaap_ProductOrServiceAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProductOrServiceAxis_lbl" xml:lang="en-US">Products and Services [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_PowerCablesMember" xlink:label="apwc_PowerCablesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PowerCablesMember" xlink:to="apwc_PowerCablesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_PowerCablesMember_lbl" xml:lang="en-US">Power Cables</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_RawMaterialMember" xlink:label="apwc_RawMaterialMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_RawMaterialMember" xlink:to="apwc_RawMaterialMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_RawMaterialMember_lbl" xml:lang="en-US">Raw Material</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_GoodsMember" xlink:label="apwc_GoodsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_GoodsMember" xlink:to="apwc_GoodsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_GoodsMember_lbl" xml:lang="en-US">Goods</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_MachineryMember" xlink:label="apwc_MachineryMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_MachineryMember" xlink:to="apwc_MachineryMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_MachineryMember_lbl" xml:lang="en-US">Machinery</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ItalianThaiAndItsAffiliatesMember" xlink:label="apwc_ItalianThaiAndItsAffiliatesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ItalianThaiAndItsAffiliatesMember" xlink:to="apwc_ItalianThaiAndItsAffiliatesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ItalianThaiAndItsAffiliatesMember_lbl" xml:lang="en-US">Italian Thai And Its Affiliates</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SegmentDiscontinuedOperationsMember" xlink:label="us-gaap_SegmentDiscontinuedOperationsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentDiscontinuedOperationsMember" xlink:to="us-gaap_SegmentDiscontinuedOperationsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SegmentDiscontinuedOperationsMember_lbl" xml:lang="en-US">Segment, Discontinued Operations [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StatementOperatingActivitiesSegmentAxis" xlink:label="us-gaap_StatementOperatingActivitiesSegmentAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementOperatingActivitiesSegmentAxis" xlink:to="us-gaap_StatementOperatingActivitiesSegmentAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementOperatingActivitiesSegmentAxis_lbl" xml:lang="en-US">Statement, Operating Activities Segment [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_RelatedPartyMember" xlink:label="apwc_RelatedPartyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_RelatedPartyMember" xlink:to="apwc_RelatedPartyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_RelatedPartyMember_lbl" xml:lang="en-US">Related Party</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ManufacturedProductsMember" xlink:to="apwc_ManufacturedProductsMember_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="apwc_ManufacturedProductsMember_2_lbl" xml:lang="en-US">Manufactured products</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="us-gaap_StatementBusinessSegmentsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementBusinessSegmentsAxis" xlink:to="us-gaap_StatementBusinessSegmentsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementBusinessSegmentsAxis_lbl" xml:lang="en-US">Statement, Business Segments [Axis]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DistributedProductsMember" xlink:to="apwc_DistributedProductsMember_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="apwc_DistributedProductsMember_2_lbl" xml:lang="en-US">Distributed products</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_SupplyDeliveryAndInstallationOfWiresAndCablesMember" xlink:label="apwc_SupplyDeliveryAndInstallationOfWiresAndCablesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SupplyDeliveryAndInstallationOfWiresAndCablesMember" xlink:to="apwc_SupplyDeliveryAndInstallationOfWiresAndCablesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_SupplyDeliveryAndInstallationOfWiresAndCablesMember_lbl" xml:lang="en-US">Supply, delivery and installation of wires and cables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CorporateMember" xlink:label="us-gaap_CorporateMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CorporateMember" xlink:to="us-gaap_CorporateMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CorporateMember_lbl" xml:lang="en-US">Corporate</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ThePeoplesRepublicOfChinaMember" xlink:label="apwc_ThePeoplesRepublicOfChinaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ThePeoplesRepublicOfChinaMember" xlink:to="apwc_ThePeoplesRepublicOfChinaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="apwc_ThePeoplesRepublicOfChinaMember_lbl" xml:lang="en-US">The People's Republic of China</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_VietnamMember" xlink:label="apwc_VietnamMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_VietnamMember" xlink:to="apwc_VietnamMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_VietnamMember_lbl" xml:lang="en-US">Vietnam</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_SoutheastAsiaMember" xlink:label="apwc_SoutheastAsiaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SoutheastAsiaMember" xlink:to="apwc_SoutheastAsiaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_SoutheastAsiaMember_lbl" xml:lang="en-US">Southeast Asia</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_NortheastAsiaMember" xlink:label="apwc_NortheastAsiaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_NortheastAsiaMember" xlink:to="apwc_NortheastAsiaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_NortheastAsiaMember_lbl" xml:lang="en-US">Northeast Asia</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_EquityInvesteesMember" xlink:label="apwc_EquityInvesteesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_EquityInvesteesMember" xlink:to="apwc_EquityInvesteesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_EquityInvesteesMember_lbl" xml:lang="en-US">Equity Investees</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_TradingActivityByTypeAxis" xlink:label="us-gaap_TradingActivityByTypeAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TradingActivityByTypeAxis" xlink:to="us-gaap_TradingActivityByTypeAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TradingActivityByTypeAxis_lbl" xml:lang="en-US">Trading Activity, by Type [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LineOfCreditMember" xlink:label="us-gaap_LineOfCreditMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditMember" xlink:to="us-gaap_LineOfCreditMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LineOfCreditMember_lbl" xml:lang="en-US">Line of Credit [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CreditFacilityAxis" xlink:label="us-gaap_CreditFacilityAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CreditFacilityAxis" xlink:to="us-gaap_CreditFacilityAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CreditFacilityAxis_lbl" xml:lang="en-US">Credit Facility [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LetterOfCreditMember" xlink:label="us-gaap_LetterOfCreditMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LetterOfCreditMember" xlink:to="us-gaap_LetterOfCreditMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LetterOfCreditMember_lbl" xml:lang="en-US">Letter of Credit [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_OpenLettersOfCreditMember" xlink:label="apwc_OpenLettersOfCreditMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_OpenLettersOfCreditMember" xlink:to="apwc_OpenLettersOfCreditMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_OpenLettersOfCreditMember_lbl" xml:lang="en-US">Open Letters of Credit [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_BangkokBankHongKongMember" xlink:label="apwc_BangkokBankHongKongMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_BangkokBankHongKongMember" xlink:to="apwc_BangkokBankHongKongMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_BangkokBankHongKongMember_lbl" xml:lang="en-US">Bangkok Bank Hong Kong</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_CountryAxis" xlink:label="apwc_CountryAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CountryAxis" xlink:to="apwc_CountryAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_CountryAxis_lbl" xml:lang="en-US">Country [Axis]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ChinaMember" xlink:to="apwc_ChinaMember_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="apwc_ChinaMember_2_lbl" xml:lang="en-US">People&amp;#146;s Republic of China</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_PEWSMember" xlink:label="apwc_PEWSMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PEWSMember" xlink:to="apwc_PEWSMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_PEWSMember_lbl" xml:lang="en-US">PEWS</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_MoonViewMember" xlink:to="apwc_MoonViewMember_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="apwc_MoonViewMember_2_lbl" xml:lang="en-US">Moon View</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:to="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_2_lbl" xml:lang="en-US">Related Party [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccumulatedTranslationAdjustmentMember" xlink:label="us-gaap_AccumulatedTranslationAdjustmentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccumulatedTranslationAdjustmentMember" xlink:to="us-gaap_AccumulatedTranslationAdjustmentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccumulatedTranslationAdjustmentMember_lbl" xml:lang="en-US">Currency translation adjustment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="us-gaap_StatementEquityComponentsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementEquityComponentsAxis" xlink:to="us-gaap_StatementEquityComponentsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementEquityComponentsAxis_lbl" xml:lang="en-US">Equity Components [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PensionPlansDefinedBenefitMember" xlink:label="us-gaap_PensionPlansDefinedBenefitMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PensionPlansDefinedBenefitMember" xlink:to="us-gaap_PensionPlansDefinedBenefitMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PensionPlansDefinedBenefitMember_lbl" xml:lang="en-US">Defined benefit pension plan</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_UnrealizedLossOnAvailableForSaleSecuritiesMember" xlink:label="apwc_UnrealizedLossOnAvailableForSaleSecuritiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_UnrealizedLossOnAvailableForSaleSecuritiesMember" xlink:to="apwc_UnrealizedLossOnAvailableForSaleSecuritiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_UnrealizedLossOnAvailableForSaleSecuritiesMember_lbl" xml:lang="en-US">Unrealized loss on available-for-sale securities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommonStockMember" xlink:label="us-gaap_CommonStockMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockMember" xlink:to="us-gaap_CommonStockMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockMember_lbl" xml:lang="en-US">Common Stock</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AdditionalPaidInCapitalMember" xlink:label="us-gaap_AdditionalPaidInCapitalMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdditionalPaidInCapitalMember" xlink:to="us-gaap_AdditionalPaidInCapitalMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdditionalPaidInCapitalMember_lbl" xml:lang="en-US">Additional Paid-In Capital</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RetainedEarningsMember" xlink:label="us-gaap_RetainedEarningsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RetainedEarningsMember" xlink:to="us-gaap_RetainedEarningsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RetainedEarningsMember_lbl" xml:lang="en-US">Retained Earnings</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:to="us-gaap_AccumulatedOtherComprehensiveIncomeMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeMember_lbl" xml:lang="en-US">Accumulated Other Comprehensive (Loss) Income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_TreasuryStockMember" xlink:label="us-gaap_TreasuryStockMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TreasuryStockMember" xlink:to="us-gaap_TreasuryStockMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TreasuryStockMember_lbl" xml:lang="en-US">Treasury Stock</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ApwcMember" xlink:label="apwc_ApwcMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ApwcMember" xlink:to="apwc_ApwcMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ApwcMember_lbl" xml:lang="en-US">Total APWC shareholders&amp;#146; equity</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NoncontrollingInterestMember" xlink:label="us-gaap_NoncontrollingInterestMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NoncontrollingInterestMember" xlink:to="us-gaap_NoncontrollingInterestMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NoncontrollingInterestMember_lbl" xml:lang="en-US">Noncontrolling Interest</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DocumentAndEntityInformationAbstract" xlink:label="apwc_DocumentAndEntityInformationAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DocumentAndEntityInformationAbstract" xlink:to="apwc_DocumentAndEntityInformationAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DocumentAndEntityInformationAbstract_lbl" xml:lang="en-US">Document And Entity Information</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2012/dei-2012-01-31.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityRegistrantName_lbl" xml:lang="en-US">Entity Registrant Name</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2012/dei-2012-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCentralIndexKey_lbl" xml:lang="en-US">Entity Central Index Key</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2012/dei-2012-01-31.xsd#dei_DocumentType" xlink:label="dei_DocumentType" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentType_lbl" xml:lang="en-US">Document Type</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2012/dei-2012-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="dei_DocumentPeriodEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodEndDate_lbl" xml:lang="en-US">Document Period End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2012/dei-2012-01-31.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentFlag_lbl" xml:lang="en-US">Amendment Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2012/dei-2012-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="dei_CurrentFiscalYearEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CurrentFiscalYearEndDate" xlink:to="dei_CurrentFiscalYearEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xml:lang="en-US">Current Fiscal Year End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2012/dei-2012-01-31.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="dei_EntityWellKnownSeasonedIssuer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityWellKnownSeasonedIssuer" xlink:to="dei_EntityWellKnownSeasonedIssuer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityWellKnownSeasonedIssuer_lbl" xml:lang="en-US">Is Entity a Well-known Seasoned Issuer?</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2012/dei-2012-01-31.xsd#dei_EntityVoluntaryFilers" xlink:label="dei_EntityVoluntaryFilers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityVoluntaryFilers" xlink:to="dei_EntityVoluntaryFilers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityVoluntaryFilers_lbl" xml:lang="en-US">Is Entity a Voluntary Filer?</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2012/dei-2012-01-31.xsd#dei_EntityCurrentReportingStatus" xlink:label="dei_EntityCurrentReportingStatus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCurrentReportingStatus" xlink:to="dei_EntityCurrentReportingStatus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCurrentReportingStatus_lbl" xml:lang="en-US">Is Entity's Reporting Status Current?</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2012/dei-2012-01-31.xsd#dei_EntityFilerCategory" xlink:label="dei_EntityFilerCategory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFilerCategory" xlink:to="dei_EntityFilerCategory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFilerCategory_lbl" xml:lang="en-US">Entity Filer Category</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2012/dei-2012-01-31.xsd#dei_EntityPublicFloat" xlink:label="dei_EntityPublicFloat" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPublicFloat" xlink:to="dei_EntityPublicFloat_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPublicFloat_lbl" xml:lang="en-US">Entity Public Float</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2012/dei-2012-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="dei_EntityCommonStockSharesOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCommonStockSharesOutstanding" xlink:to="dei_EntityCommonStockSharesOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2012/dei-2012-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="dei_DocumentFiscalPeriodFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalPeriodFocus" xlink:to="dei_DocumentFiscalPeriodFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xml:lang="en-US">Document Fiscal Period Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2012/dei-2012-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="dei_DocumentFiscalYearFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalYearFocus" xlink:to="dei_DocumentFiscalYearFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalYearFocus_lbl" xml:lang="en-US">Document Fiscal Year Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="us-gaap_StatementOfFinancialPositionAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementOfFinancialPositionAbstract" xlink:to="us-gaap_StatementOfFinancialPositionAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementOfFinancialPositionAbstract_lbl" xml:lang="en-US">Statement of Financial Position [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="us-gaap_AssetsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsAbstract" xlink:to="us-gaap_AssetsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsAbstract_lbl" xml:lang="en-US">ASSETS</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AssetsCurrentAbstract" xlink:label="us-gaap_AssetsCurrentAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsCurrentAbstract" xlink:to="us-gaap_AssetsCurrentAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsCurrentAbstract_lbl" xml:lang="en-US">Current assets:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:to="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xml:lang="en-US">Cash and cash equivalents</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_UnrestrictedShorttermBankDeposits" xlink:label="apwc_UnrestrictedShorttermBankDeposits" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_UnrestrictedShorttermBankDeposits" xlink:to="apwc_UnrestrictedShorttermBankDeposits_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_UnrestrictedShorttermBankDeposits_lbl" xml:lang="en-US">Unrestricted Short-term bank deposits (note 5)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InterestBearingDepositsInBanks" xlink:label="us-gaap_InterestBearingDepositsInBanks" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestBearingDepositsInBanks" xlink:to="us-gaap_InterestBearingDepositsInBanks_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestBearingDepositsInBanks_lbl" xml:lang="en-US">Restricted short-term bank deposits (note 5)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccountsReceivableNet" xlink:label="us-gaap_AccountsReceivableNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountsReceivableNet" xlink:to="us-gaap_AccountsReceivableNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountsReceivableNet_lbl" xml:lang="en-US">Accounts receivable, net of allowance for doubtful accounts of $4,614 and $2,580 at December 31, 2011 and 2012, respectively (note 10)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DueFromRelatedPartiesCurrent" xlink:label="us-gaap_DueFromRelatedPartiesCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DueFromRelatedPartiesCurrent" xlink:to="us-gaap_DueFromRelatedPartiesCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DueFromRelatedPartiesCurrent_lbl" xml:lang="en-US">Amounts due from related parties (note 18)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InventoryNetAbstract" xlink:label="us-gaap_InventoryNetAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InventoryNetAbstract" xlink:to="us-gaap_InventoryNetAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InventoryNetAbstract_lbl" xml:lang="en-US">Inventories (note 10)</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DistributedProducts" xlink:label="apwc_DistributedProducts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DistributedProducts" xlink:to="apwc_DistributedProducts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DistributedProducts_lbl" xml:lang="en-US">Distributed products</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InventoryFinishedGoods" xlink:label="us-gaap_InventoryFinishedGoods" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InventoryFinishedGoods" xlink:to="us-gaap_InventoryFinishedGoods_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InventoryFinishedGoods_lbl" xml:lang="en-US">Finished products</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherInventoryMaterialsSuppliesAndMerchandiseUnderConsignment" xlink:label="us-gaap_OtherInventoryMaterialsSuppliesAndMerchandiseUnderConsignment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherInventoryMaterialsSuppliesAndMerchandiseUnderConsignment" xlink:to="us-gaap_OtherInventoryMaterialsSuppliesAndMerchandiseUnderConsignment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherInventoryMaterialsSuppliesAndMerchandiseUnderConsignment_lbl" xml:lang="en-US">Consignment inventory</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InventoryWorkInProcess" xlink:label="us-gaap_InventoryWorkInProcess" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InventoryWorkInProcess" xlink:to="us-gaap_InventoryWorkInProcess_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InventoryWorkInProcess_lbl" xml:lang="en-US">Work-in-progress</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InventoryRawMaterialsAndSupplies" xlink:label="us-gaap_InventoryRawMaterialsAndSupplies" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InventoryRawMaterialsAndSupplies" xlink:to="us-gaap_InventoryRawMaterialsAndSupplies_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InventoryRawMaterialsAndSupplies_lbl" xml:lang="en-US">Raw materials and supplies</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InventoryNet" xlink:label="us-gaap_InventoryNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InventoryNet" xlink:to="us-gaap_InventoryNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InventoryNet_lbl" xml:lang="en-US">Inventories, total</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InvestmentsFairValueDisclosure" xlink:label="us-gaap_InvestmentsFairValueDisclosure" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentsFairValueDisclosure" xlink:to="us-gaap_InvestmentsFairValueDisclosure_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentsFairValueDisclosure_lbl" xml:lang="en-US">Held-to-maturity securities (note 7)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredTaxAssetsNetCurrent" xlink:label="us-gaap_DeferredTaxAssetsNetCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsNetCurrent" xlink:to="us-gaap_DeferredTaxAssetsNetCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxAssetsNetCurrent_lbl" xml:lang="en-US">Deferred tax assets (notes 10 &amp; 11)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherPrepaidExpenseCurrent" xlink:label="us-gaap_OtherPrepaidExpenseCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherPrepaidExpenseCurrent" xlink:to="us-gaap_OtherPrepaidExpenseCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherPrepaidExpenseCurrent_lbl" xml:lang="en-US">Prepaid expenses and other current assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AssetsCurrent" xlink:label="us-gaap_AssetsCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsCurrent" xlink:to="us-gaap_AssetsCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_AssetsCurrent_lbl" xml:lang="en-US">Total current assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PropertyPlantAndEquipmentAbstract" xlink:label="us-gaap_PropertyPlantAndEquipmentAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentAbstract" xlink:to="us-gaap_PropertyPlantAndEquipmentAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentAbstract_lbl" xml:lang="en-US">Property, plant and equipment:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_Land" xlink:label="us-gaap_Land" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Land" xlink:to="us-gaap_Land_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Land_lbl" xml:lang="en-US">Land</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_LandUseRights" xlink:label="apwc_LandUseRights" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_LandUseRights" xlink:to="apwc_LandUseRights_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_LandUseRights_lbl" xml:lang="en-US">Land use rights</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BuildingsAndImprovementsGross" xlink:label="us-gaap_BuildingsAndImprovementsGross" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BuildingsAndImprovementsGross" xlink:to="us-gaap_BuildingsAndImprovementsGross_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BuildingsAndImprovementsGross_lbl" xml:lang="en-US">Buildings</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_MachineryAndEquipmentGross" xlink:label="us-gaap_MachineryAndEquipmentGross" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MachineryAndEquipmentGross" xlink:to="us-gaap_MachineryAndEquipmentGross_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MachineryAndEquipmentGross_lbl" xml:lang="en-US">Machinery and equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_MotorVehicles" xlink:label="apwc_MotorVehicles" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_MotorVehicles" xlink:to="apwc_MotorVehicles_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_MotorVehicles_lbl" xml:lang="en-US">Motor vehicles</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FurnitureAndFixturesGross" xlink:label="us-gaap_FurnitureAndFixturesGross" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FurnitureAndFixturesGross" xlink:to="us-gaap_FurnitureAndFixturesGross_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FurnitureAndFixturesGross_lbl" xml:lang="en-US">Office equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ConstructionInProgressGross" xlink:label="us-gaap_ConstructionInProgressGross" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConstructionInProgressGross" xlink:to="us-gaap_ConstructionInProgressGross_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConstructionInProgressGross_lbl" xml:lang="en-US">Construction in progress</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PropertyPlantAndEquipmentGross" xlink:label="us-gaap_PropertyPlantAndEquipmentGross" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentGross" xlink:to="us-gaap_PropertyPlantAndEquipmentGross_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentGross_lbl" xml:lang="en-US">Property, plant and equipment, gross</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:label="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:to="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_lbl" xml:lang="en-US">Accumulated depreciation and impairment losses</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="us-gaap_PropertyPlantAndEquipmentNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentNet" xlink:to="us-gaap_PropertyPlantAndEquipmentNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentNet_lbl" xml:lang="en-US">Property, plant and equipment, net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LongTermInvestments" xlink:label="us-gaap_LongTermInvestments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermInvestments" xlink:to="us-gaap_LongTermInvestments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermInvestments_lbl" xml:lang="en-US">Investments (note 7)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures" xlink:label="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures" xlink:to="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_lbl" xml:lang="en-US">Investment in equity investees (note 22)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherAssetsNoncurrent" xlink:label="us-gaap_OtherAssetsNoncurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherAssetsNoncurrent" xlink:to="us-gaap_OtherAssetsNoncurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherAssetsNoncurrent_lbl" xml:lang="en-US">Other assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredTaxAssetsNetNoncurrent" xlink:label="us-gaap_DeferredTaxAssetsNetNoncurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsNetNoncurrent" xlink:to="us-gaap_DeferredTaxAssetsNetNoncurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DeferredTaxAssetsNetNoncurrent_lbl" xml:lang="en-US">Deferred tax assets (notes 10 &amp; 11)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AssetsNoncurrent" xlink:label="us-gaap_AssetsNoncurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsNoncurrent" xlink:to="us-gaap_AssetsNoncurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsNoncurrent_lbl" xml:lang="en-US">Total noncurrent assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_Assets" xlink:label="us-gaap_Assets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Assets" xlink:to="us-gaap_Assets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Assets_lbl" xml:lang="en-US">Total assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="us-gaap_LiabilitiesAndStockholdersEquityAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:to="us-gaap_LiabilitiesAndStockholdersEquityAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesAndStockholdersEquityAbstract_lbl" xml:lang="en-US">LIABILITIES AND EQUITY</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShortTermBankLoansAndNotesPayable" xlink:label="us-gaap_ShortTermBankLoansAndNotesPayable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortTermBankLoansAndNotesPayable" xlink:to="us-gaap_ShortTermBankLoansAndNotesPayable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortTermBankLoansAndNotesPayable_lbl" xml:lang="en-US">Bank loans and overdrafts (note 8)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccountsPayableCurrent" xlink:label="us-gaap_AccountsPayableCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountsPayableCurrent" xlink:to="us-gaap_AccountsPayableCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountsPayableCurrent_lbl" xml:lang="en-US">Accounts payable</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccruedLiabilitiesCurrent" xlink:label="us-gaap_AccruedLiabilitiesCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccruedLiabilitiesCurrent" xlink:to="us-gaap_AccruedLiabilitiesCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccruedLiabilitiesCurrent_lbl" xml:lang="en-US">Accrued expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DueToRelatedPartiesCurrent" xlink:label="us-gaap_DueToRelatedPartiesCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DueToRelatedPartiesCurrent" xlink:to="us-gaap_DueToRelatedPartiesCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DueToRelatedPartiesCurrent_lbl" xml:lang="en-US">Amounts due to related parties (note 18)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShortTermNonBankLoansAndNotesPayable" xlink:label="us-gaap_ShortTermNonBankLoansAndNotesPayable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortTermNonBankLoansAndNotesPayable" xlink:to="us-gaap_ShortTermNonBankLoansAndNotesPayable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortTermNonBankLoansAndNotesPayable_lbl" xml:lang="en-US">Short-term loans from the immediate holding company (note 18)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccruedIncomeTaxesCurrent" xlink:label="us-gaap_AccruedIncomeTaxesCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccruedIncomeTaxesCurrent" xlink:to="us-gaap_AccruedIncomeTaxesCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccruedIncomeTaxesCurrent_lbl" xml:lang="en-US">Income tax liabilities (note 11)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherLiabilitiesCurrent" xlink:label="us-gaap_OtherLiabilitiesCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherLiabilitiesCurrent" xlink:to="us-gaap_OtherLiabilitiesCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherLiabilitiesCurrent_lbl" xml:lang="en-US">Other current liabilities (note 19)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LiabilitiesCurrent" xlink:label="us-gaap_LiabilitiesCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesCurrent" xlink:to="us-gaap_LiabilitiesCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesCurrent_lbl" xml:lang="en-US">Total current liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LiabilitiesNoncurrentAbstract" xlink:label="us-gaap_LiabilitiesNoncurrentAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesNoncurrentAbstract" xlink:to="us-gaap_LiabilitiesNoncurrentAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesNoncurrentAbstract_lbl" xml:lang="en-US">Non-current liabilities:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherLiabilitiesNoncurrent" xlink:label="us-gaap_OtherLiabilitiesNoncurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherLiabilitiesNoncurrent" xlink:to="us-gaap_OtherLiabilitiesNoncurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherLiabilitiesNoncurrent_lbl" xml:lang="en-US">Other non-current liabilities (note 19)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredTaxLiabilitiesNoncurrent" xlink:label="us-gaap_DeferredTaxLiabilitiesNoncurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxLiabilitiesNoncurrent" xlink:to="us-gaap_DeferredTaxLiabilitiesNoncurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxLiabilitiesNoncurrent_lbl" xml:lang="en-US">Deferred tax liabilities (note 11)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LiabilitiesNoncurrent" xlink:label="us-gaap_LiabilitiesNoncurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesNoncurrent" xlink:to="us-gaap_LiabilitiesNoncurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesNoncurrent_lbl" xml:lang="en-US">Total non-current liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_Liabilities" xlink:label="us-gaap_Liabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Liabilities" xlink:to="us-gaap_Liabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Liabilities_lbl" xml:lang="en-US">Total liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommitmentsAndContingencies" xlink:label="us-gaap_CommitmentsAndContingencies" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommitmentsAndContingencies" xlink:to="us-gaap_CommitmentsAndContingencies_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommitmentsAndContingencies_lbl" xml:lang="en-US">Commitments and contingencies (note 14)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:to="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_lbl" xml:lang="en-US">Shareholders' equity:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommonStockValue" xlink:label="us-gaap_CommonStockValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockValue" xlink:to="us-gaap_CommonStockValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockValue_lbl" xml:lang="en-US">Common shares, $0.01 per share: Authorized shares: 50,000,000 Issued shares: 13,830,769 Outstanding shares: (note 9) 2012 - 13,828,869 shares (net of 1,900 treasury shares) 2011 - 13,830,769 shares</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="us-gaap_AdditionalPaidInCapital" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdditionalPaidInCapital" xlink:to="us-gaap_AdditionalPaidInCapital_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdditionalPaidInCapital_lbl" xml:lang="en-US">Additional paid-in capital (note 22)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RetainedEarningsUnappropriated" xlink:label="us-gaap_RetainedEarningsUnappropriated" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RetainedEarningsUnappropriated" xlink:to="us-gaap_RetainedEarningsUnappropriated_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RetainedEarningsUnappropriated_lbl" xml:lang="en-US">Retained earnings</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:to="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_lbl" xml:lang="en-US">Accumulated other comprehensive income (note 13)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_TreasuryStockValue" xlink:label="us-gaap_TreasuryStockValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TreasuryStockValue" xlink:to="us-gaap_TreasuryStockValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_TreasuryStockValue_lbl" xml:lang="en-US">Treasury shares (1,900 shares at $3.2899)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="us-gaap_StockholdersEquity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquity" xlink:to="us-gaap_StockholdersEquity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_StockholdersEquity_lbl" xml:lang="en-US">Total APWC shareholders' equity</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_MinorityInterest" xlink:label="us-gaap_MinorityInterest" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MinorityInterest" xlink:to="us-gaap_MinorityInterest_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MinorityInterest_lbl" xml:lang="en-US">Noncontrolling interests</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:to="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_lbl" xml:lang="en-US">Total shareholders' equity</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAndStockholdersEquity" xlink:to="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xml:lang="en-US">Total liabilities and shareholders' equity</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent" xlink:to="us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent_lbl" xml:lang="en-US">Allowance for doubtful accounts</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:to="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_2_lbl" xml:lang="en-US">APWC shareholders' equity (note 9):</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockParOrStatedValuePerShare" xlink:to="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xml:lang="en-US">Common stock, par value</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="us-gaap_CommonStockSharesAuthorized" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesAuthorized" xlink:to="us-gaap_CommonStockSharesAuthorized_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockSharesAuthorized_lbl" xml:lang="en-US">Common stock, Authorized</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="us-gaap_CommonStockSharesIssued" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesIssued" xlink:to="us-gaap_CommonStockSharesIssued_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xml:lang="en-US">Common stock, Issued</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="us-gaap_CommonStockSharesOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesOutstanding" xlink:to="us-gaap_CommonStockSharesOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xml:lang="en-US">Common stock, outstanding</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_TreasuryStockShares" xlink:label="us-gaap_TreasuryStockShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TreasuryStockShares" xlink:to="us-gaap_TreasuryStockShares_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TreasuryStockShares_lbl" xml:lang="en-US">Treasury shares</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="us-gaap_IncomeStatementAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeStatementAbstract" xlink:to="us-gaap_IncomeStatementAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeStatementAbstract_lbl" xml:lang="en-US">Income Statement [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SalesRevenueNetAbstract" xlink:label="us-gaap_SalesRevenueNetAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SalesRevenueNetAbstract" xlink:to="us-gaap_SalesRevenueNetAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SalesRevenueNetAbstract_lbl" xml:lang="en-US">Net sales</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RevenueOtherManufacturedProducts" xlink:label="us-gaap_RevenueOtherManufacturedProducts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RevenueOtherManufacturedProducts" xlink:to="us-gaap_RevenueOtherManufacturedProducts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RevenueOtherManufacturedProducts_lbl" xml:lang="en-US">Manufactured products (including sales to related parties amounting to $3,806, $3,669 and $2,668 for the years ended December 31, 2010, 2011 and 2012, respectively (note 18)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SalesRevenueGoodsNet" xlink:label="us-gaap_SalesRevenueGoodsNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SalesRevenueGoodsNet" xlink:to="us-gaap_SalesRevenueGoodsNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_SalesRevenueGoodsNet_lbl" xml:lang="en-US">Distributed products</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_SupplyDeliveryAndInstallationOfWiresAndCables" xlink:label="apwc_SupplyDeliveryAndInstallationOfWiresAndCables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SupplyDeliveryAndInstallationOfWiresAndCables" xlink:to="apwc_SupplyDeliveryAndInstallationOfWiresAndCables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="apwc_SupplyDeliveryAndInstallationOfWiresAndCables_lbl" xml:lang="en-US">Supply, delivery and installation of wires and cables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SalesRevenueNet" xlink:label="us-gaap_SalesRevenueNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SalesRevenueNet" xlink:to="us-gaap_SalesRevenueNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SalesRevenueNet_lbl" xml:lang="en-US">Net sales, total</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CostOfRevenueAbstract" xlink:label="us-gaap_CostOfRevenueAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CostOfRevenueAbstract" xlink:to="us-gaap_CostOfRevenueAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CostOfRevenueAbstract_lbl" xml:lang="en-US">Costs of sales</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CostOfOtherManufacturedProducts" xlink:label="us-gaap_CostOfOtherManufacturedProducts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CostOfOtherManufacturedProducts" xlink:to="us-gaap_CostOfOtherManufacturedProducts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_CostOfOtherManufacturedProducts_lbl" xml:lang="en-US">Manufactured products (including purchases from related parties amounting to $45,925, $46,953 and $23,857 for the years ended December 31, 2010, 2011 and 2012, respectively (note 18)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CostOfGoodsSold" xlink:label="us-gaap_CostOfGoodsSold" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CostOfGoodsSold" xlink:to="us-gaap_CostOfGoodsSold_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_CostOfGoodsSold_lbl" xml:lang="en-US">Distributed products (including purchases from related parties amounting to $4,056, $7,484 and $9,083 for the years ended December 31, 2010, 2011and 2012, respectively (note 18)</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_CostOfSalesSupplyDeliveryAndInstallationOfWiresAndCables" xlink:label="apwc_CostOfSalesSupplyDeliveryAndInstallationOfWiresAndCables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CostOfSalesSupplyDeliveryAndInstallationOfWiresAndCables" xlink:to="apwc_CostOfSalesSupplyDeliveryAndInstallationOfWiresAndCables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="apwc_CostOfSalesSupplyDeliveryAndInstallationOfWiresAndCables_lbl" xml:lang="en-US">Supply, delivery and installation of wires and cables</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_InventoryImpairment" xlink:label="apwc_InventoryImpairment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_InventoryImpairment" xlink:to="apwc_InventoryImpairment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="apwc_InventoryImpairment_lbl" xml:lang="en-US">Inventory impairment (note 10)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CostOfRevenue" xlink:label="us-gaap_CostOfRevenue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CostOfRevenue" xlink:to="us-gaap_CostOfRevenue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_CostOfRevenue_lbl" xml:lang="en-US">Cost of sales, total</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_GrossProfit" xlink:label="us-gaap_GrossProfit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GrossProfit" xlink:to="us-gaap_GrossProfit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GrossProfit_lbl" xml:lang="en-US">Gross profit</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SellingGeneralAndAdministrativeExpense" xlink:label="us-gaap_SellingGeneralAndAdministrativeExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SellingGeneralAndAdministrativeExpense" xlink:to="us-gaap_SellingGeneralAndAdministrativeExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_SellingGeneralAndAdministrativeExpense_lbl" xml:lang="en-US">Selling, general and administrative expenses (including expenses paid to related parties amounting to $239, $277 and $524 for the years ended December 31, 2010, 2011 and 2012, respectively (note 18))</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProvisionForDoubtfulAccounts" xlink:label="us-gaap_ProvisionForDoubtfulAccounts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProvisionForDoubtfulAccounts" xlink:to="us-gaap_ProvisionForDoubtfulAccounts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_ProvisionForDoubtfulAccounts_lbl" xml:lang="en-US">Recovery for doubtful accounts (note 10)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ImpairmentOfLongLivedAssetsHeldForUse" xlink:label="us-gaap_ImpairmentOfLongLivedAssetsHeldForUse" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ImpairmentOfLongLivedAssetsHeldForUse" xlink:to="us-gaap_ImpairmentOfLongLivedAssetsHeldForUse_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_ImpairmentOfLongLivedAssetsHeldForUse_lbl" xml:lang="en-US">Impairment of long-lived assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ImpairmentOfInvestments" xlink:label="us-gaap_ImpairmentOfInvestments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ImpairmentOfInvestments" xlink:to="us-gaap_ImpairmentOfInvestments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_ImpairmentOfInvestments_lbl" xml:lang="en-US">Impairment of investments</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_GoodwillImpairmentLoss" xlink:label="us-gaap_GoodwillImpairmentLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GoodwillImpairmentLoss" xlink:to="us-gaap_GoodwillImpairmentLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_GoodwillImpairmentLoss_lbl" xml:lang="en-US">Impairment of goodwill (note 6)</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ChargesRelatedToFlooding" xlink:label="apwc_ChargesRelatedToFlooding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ChargesRelatedToFlooding" xlink:to="apwc_ChargesRelatedToFlooding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="apwc_ChargesRelatedToFlooding_lbl" xml:lang="en-US">Charges related to flooding (note 15)</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_RecoveryOfLossFromFlooding" xlink:label="apwc_RecoveryOfLossFromFlooding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_RecoveryOfLossFromFlooding" xlink:to="apwc_RecoveryOfLossFromFlooding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_RecoveryOfLossFromFlooding_lbl" xml:lang="en-US">Recovery of loss from flooding (note 15)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments" xlink:to="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_lbl" xml:lang="en-US">Income from operations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ForeignCurrencyTransactionGainLossBeforeTax" xlink:label="us-gaap_ForeignCurrencyTransactionGainLossBeforeTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ForeignCurrencyTransactionGainLossBeforeTax" xlink:to="us-gaap_ForeignCurrencyTransactionGainLossBeforeTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ForeignCurrencyTransactionGainLossBeforeTax_lbl" xml:lang="en-US">Exchange gain (loss), net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InterestIncomeOperating" xlink:label="us-gaap_InterestIncomeOperating" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestIncomeOperating" xlink:to="us-gaap_InterestIncomeOperating_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestIncomeOperating_lbl" xml:lang="en-US">Interest income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InterestExpense" xlink:label="us-gaap_InterestExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestExpense" xlink:to="us-gaap_InterestExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_InterestExpense_lbl" xml:lang="en-US">Interest expenses (including interest paid/payable to related parties amounting to $14, $13 and $14 for the years ended December 31, 2010, 2011 and 2012, respectively (note18))</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="us-gaap_IncomeLossFromEquityMethodInvestments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromEquityMethodInvestments" xlink:to="us-gaap_IncomeLossFromEquityMethodInvestments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeLossFromEquityMethodInvestments_lbl" xml:lang="en-US">Share of net loss of equity investees</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_GainOrLossOnSaleOfStockInSubsidiary" xlink:label="us-gaap_GainOrLossOnSaleOfStockInSubsidiary" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainOrLossOnSaleOfStockInSubsidiary" xlink:to="us-gaap_GainOrLossOnSaleOfStockInSubsidiary_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GainOrLossOnSaleOfStockInSubsidiary_lbl" xml:lang="en-US">Gain on liquidation of a subsidiary</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AvailableforsaleSecuritiesTransfersToTradingGainsLossesExcludingOtherThanTemporaryImpairments" xlink:label="us-gaap_AvailableforsaleSecuritiesTransfersToTradingGainsLossesExcludingOtherThanTemporaryImpairments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableforsaleSecuritiesTransfersToTradingGainsLossesExcludingOtherThanTemporaryImpairments" xlink:to="us-gaap_AvailableforsaleSecuritiesTransfersToTradingGainsLossesExcludingOtherThanTemporaryImpairments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AvailableforsaleSecuritiesTransfersToTradingGainsLossesExcludingOtherThanTemporaryImpairments_lbl" xml:lang="en-US">Loss on disposal of available-for-sale securities (note 7)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherIncome" xlink:label="us-gaap_OtherIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherIncome" xlink:to="us-gaap_OtherIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherIncome_lbl" xml:lang="en-US">Other income, net (including other income received/receivable from related parties amounting to $154, $144 and $143 for the years ended December 31, 2010, 2011 and 2012, respectively (note 18))</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:to="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_lbl" xml:lang="en-US">Income from continuing operations before income taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="us-gaap_IncomeTaxExpenseBenefit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxExpenseBenefit" xlink:to="us-gaap_IncomeTaxExpenseBenefit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncomeTaxExpenseBenefit_lbl" xml:lang="en-US">Income taxes (note 11)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest" xlink:label="us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest" xlink:to="us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_lbl" xml:lang="en-US">Net income (loss) from continuing operations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAbstract" xlink:label="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAbstract_lbl" xml:lang="en-US">Discontinued operations (note 20)</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax_lbl" xml:lang="en-US">Income from operations of discontinued SPFO (including gain on disposal of $1,962 for the year ended December 31, 2011, purchases from related parties amounting to $4 and $317, and sales to related parties amounting to $54 and $693 for the years ended December 31, 2010 and 2011, respectively)</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DiscontinuedOperationTaxEffectOfDiscontinuedOperation" xlink:to="us-gaap_DiscontinuedOperationTaxEffectOfDiscontinuedOperation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_DiscontinuedOperationTaxEffectOfDiscontinuedOperation_lbl" xml:lang="en-US">Income taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax" xlink:label="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax" xlink:to="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax_lbl" xml:lang="en-US">(Loss) income from discontinued operations</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_NetIncomeLossInOperation" xlink:label="apwc_NetIncomeLossInOperation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_NetIncomeLossInOperation" xlink:to="apwc_NetIncomeLossInOperation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_NetIncomeLossInOperation_lbl" xml:lang="en-US">Net income (loss)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:label="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:to="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_lbl" xml:lang="en-US">Net income attributable to noncontrolling interests</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="us-gaap_NetIncomeLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLoss" xlink:to="us-gaap_NetIncomeLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetIncomeLoss_lbl" xml:lang="en-US">Income income (loss) attributable to APWC shareholders</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare" xlink:label="us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare" xlink:to="us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare_lbl" xml:lang="en-US">Basic and diluted earnings (loss) per share from continuing operations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare" xlink:label="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare" xlink:to="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare_lbl" xml:lang="en-US">Basic and diluted earnings (loss) per share from discontinued operations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EarningsPerShareBasicAndDiluted" xlink:label="us-gaap_EarningsPerShareBasicAndDiluted" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareBasicAndDiluted" xlink:to="us-gaap_EarningsPerShareBasicAndDiluted_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareBasicAndDiluted_lbl" xml:lang="en-US">Basic and diluted earnings (loss) per share</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_CommonStockSharesOutstanding1" xlink:label="apwc_CommonStockSharesOutstanding1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CommonStockSharesOutstanding1" xlink:to="apwc_CommonStockSharesOutstanding1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_CommonStockSharesOutstanding1_lbl" xml:lang="en-US">Basic and diluted weighted average common shares outstanding</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StatementTable" xlink:label="us-gaap_StatementTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementTable" xlink:to="us-gaap_StatementTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementTable_lbl" xml:lang="en-US">Statement [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StatementLineItems" xlink:label="us-gaap_StatementLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementLineItems" xlink:to="us-gaap_StatementLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementLineItems_lbl" xml:lang="en-US">Statement [Line Items]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax" xlink:label="us-gaap_DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax" xlink:to="us-gaap_DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax_lbl" xml:lang="en-US">Gain on disposal</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RevenueFromRelatedParties" xlink:label="us-gaap_RevenueFromRelatedParties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RevenueFromRelatedParties" xlink:to="us-gaap_RevenueFromRelatedParties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RevenueFromRelatedParties_lbl" xml:lang="en-US">Revenues from related parties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RelatedPartiesAmountInCostOfSales" xlink:label="us-gaap_RelatedPartiesAmountInCostOfSales" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartiesAmountInCostOfSales" xlink:to="us-gaap_RelatedPartiesAmountInCostOfSales_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RelatedPartiesAmountInCostOfSales_lbl" xml:lang="en-US">Costs from related parties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InterestExpenseRelatedParty" xlink:label="us-gaap_InterestExpenseRelatedParty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestExpenseRelatedParty" xlink:to="us-gaap_InterestExpenseRelatedParty_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestExpenseRelatedParty_lbl" xml:lang="en-US">Interest paid/payable related party</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty" xlink:label="us-gaap_RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty" xlink:to="us-gaap_RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty_lbl" xml:lang="en-US">Other income Received/receivable related party</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_StatementConsolidatedStatementsOfComprehensiveIncomeAbstract" xlink:label="apwc_StatementConsolidatedStatementsOfComprehensiveIncomeAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_StatementConsolidatedStatementsOfComprehensiveIncomeAbstract" xlink:to="apwc_StatementConsolidatedStatementsOfComprehensiveIncomeAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_StatementConsolidatedStatementsOfComprehensiveIncomeAbstract_lbl" xml:lang="en-US">Consolidated Statements Of Comprehensive Income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProfitLoss" xlink:label="us-gaap_ProfitLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProfitLoss" xlink:to="us-gaap_ProfitLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ProfitLoss_lbl" xml:lang="en-US">Net income (loss)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossTaxAbstract" xlink:label="us-gaap_OtherComprehensiveIncomeLossTaxAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeLossTaxAbstract" xlink:to="us-gaap_OtherComprehensiveIncomeLossTaxAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherComprehensiveIncomeLossTaxAbstract_lbl" xml:lang="en-US">Other comprehensive income (loss)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" xlink:label="us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" xlink:to="us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_lbl" xml:lang="en-US">Currency translation adjustment, net of tax of nil</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParentAbstract" xlink:label="us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParentAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParentAbstract" xlink:to="us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParentAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParentAbstract_lbl" xml:lang="en-US">Defined benefit pension plan:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets" xlink:label="us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets" xlink:to="us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets_lbl" xml:lang="en-US">Currency realignment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax" xlink:label="us-gaap_DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax" xlink:to="us-gaap_DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax_lbl" xml:lang="en-US">Prior service cost arising during the year</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DefinedBenefitPlanActuarialGainLoss" xlink:label="us-gaap_DefinedBenefitPlanActuarialGainLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanActuarialGainLoss" xlink:to="us-gaap_DefinedBenefitPlanActuarialGainLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_DefinedBenefitPlanActuarialGainLoss_lbl" xml:lang="en-US">Net actuarial loss arising during the year</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostRecognizedInNetPeriodicBenefitCostBeforeTax" xlink:label="us-gaap_OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostRecognizedInNetPeriodicBenefitCostBeforeTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostRecognizedInNetPeriodicBenefitCostBeforeTax" xlink:to="us-gaap_OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostRecognizedInNetPeriodicBenefitCostBeforeTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostRecognizedInNetPeriodicBenefitCostBeforeTax_lbl" xml:lang="en-US">Less: amortization of prior service cost in net periodic pension cost</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DeferredTaxRelatedToDefinedBenefitPension" xlink:label="apwc_DeferredTaxRelatedToDefinedBenefitPension" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DeferredTaxRelatedToDefinedBenefitPension" xlink:to="apwc_DeferredTaxRelatedToDefinedBenefitPension_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="apwc_DeferredTaxRelatedToDefinedBenefitPension_lbl" xml:lang="en-US">Deferred tax related to defined benefit pension</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost" xlink:label="us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost" xlink:to="us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_lbl" xml:lang="en-US">Defined benefit pension plan, net of tax (notes 11 &amp; 19)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLossNetOfTaxAbstract" xlink:label="us-gaap_AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLossNetOfTaxAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLossNetOfTaxAbstract_lbl" xml:lang="en-US">Unrealized loss of available-for-sale securities:</link:label>
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      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax" xlink:label="us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax_lbl" xml:lang="en-US">Reclassification of unrealized loss of available-for-sale securities upon disposal or impairment</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax" xlink:to="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax_lbl" xml:lang="en-US">Income tax related to unrealized loss</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLossNetOfTax" xlink:to="us-gaap_AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLossNetOfTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLossNetOfTax_lbl" xml:lang="en-US">Unrealized loss of available-for-sale securities, net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossTax" xlink:label="us-gaap_OtherComprehensiveIncomeLossTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeLossTax" xlink:to="us-gaap_OtherComprehensiveIncomeLossTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_OtherComprehensiveIncomeLossTax_lbl" xml:lang="en-US">Other comprehensive income (loss)</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ComprehensiveIncomeNetOfTax" xlink:to="us-gaap_ComprehensiveIncomeNetOfTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ComprehensiveIncomeNetOfTax_lbl" xml:lang="en-US">Total comprehensive income (loss)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest" xlink:label="us-gaap_OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest" xlink:to="us-gaap_OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest_lbl" xml:lang="en-US">Total comprehensive income (loss) attributable to noncontrolling interests</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_TotalComprehensiveIncomeLossAttributableToApwc" xlink:label="apwc_TotalComprehensiveIncomeLossAttributableToApwc" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_TotalComprehensiveIncomeLossAttributableToApwc" xlink:to="apwc_TotalComprehensiveIncomeLossAttributableToApwc_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_TotalComprehensiveIncomeLossAttributableToApwc_lbl" xml:lang="en-US">Total comprehensive income (loss) attributable to APWC shareholders</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:to="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_2_lbl" xml:lang="en-US">Beginning Balance, Amount</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_TreasuryStockValueAcquiredCostMethod" xlink:label="us-gaap_TreasuryStockValueAcquiredCostMethod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TreasuryStockValueAcquiredCostMethod" xlink:to="us-gaap_TreasuryStockValueAcquiredCostMethod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TreasuryStockValueAcquiredCostMethod_lbl" xml:lang="en-US">Purchase of treasury stock</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_NetIncomeLossInOperation" xlink:to="apwc_NetIncomeLossInOperation_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="apwc_NetIncomeLossInOperation_2_lbl" xml:lang="en-US">Net income</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeLossTax" xlink:to="us-gaap_OtherComprehensiveIncomeLossTax_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherComprehensiveIncomeLossTax_2_lbl" xml:lang="en-US">Other comprehensive income</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_IncreaseInShareholdingInSubsidiary" xlink:label="apwc_IncreaseInShareholdingInSubsidiary" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_IncreaseInShareholdingInSubsidiary" xlink:to="apwc_IncreaseInShareholdingInSubsidiary_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_IncreaseInShareholdingInSubsidiary_lbl" xml:lang="en-US">Increase in shareholding in a subsidiary</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DisposalOfSubsidiary" xlink:label="apwc_DisposalOfSubsidiary" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DisposalOfSubsidiary" xlink:to="apwc_DisposalOfSubsidiary_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DisposalOfSubsidiary_lbl" xml:lang="en-US">Disposal of a subsidiary</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsToMinorityShareholders" xlink:label="us-gaap_PaymentsToMinorityShareholders" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToMinorityShareholders" xlink:to="us-gaap_PaymentsToMinorityShareholders_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsToMinorityShareholders_lbl" xml:lang="en-US">Dividend paid to noncontrolling shareholders of subsidiaries</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:to="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_3_lbl" xml:lang="en-US">Ending Balance, Amount</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="us-gaap_StatementOfCashFlowsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementOfCashFlowsAbstract" xlink:to="us-gaap_StatementOfCashFlowsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementOfCashFlowsAbstract_lbl" xml:lang="en-US">Statement of Cash Flows [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US">Operating activities:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US">Adjustments to reconcile net income (loss) to net cash provided (used in) provided by operating activities:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_GainLossOnSaleOfPropertyPlantEquipment" xlink:label="us-gaap_GainLossOnSaleOfPropertyPlantEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnSaleOfPropertyPlantEquipment" xlink:to="us-gaap_GainLossOnSaleOfPropertyPlantEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GainLossOnSaleOfPropertyPlantEquipment_lbl" xml:lang="en-US">Gain on disposal of property, plant and equipment</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableforsaleSecuritiesTransfersToTradingGainsLossesExcludingOtherThanTemporaryImpairments" xlink:to="us-gaap_AvailableforsaleSecuritiesTransfersToTradingGainsLossesExcludingOtherThanTemporaryImpairments_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_AvailableforsaleSecuritiesTransfersToTradingGainsLossesExcludingOtherThanTemporaryImpairments_2_lbl" xml:lang="en-US">Loss on disposal of available-for-sale securities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_Depreciation" xlink:label="us-gaap_Depreciation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Depreciation" xlink:to="us-gaap_Depreciation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Depreciation_lbl" xml:lang="en-US">Depreciation</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:to="us-gaap_DeferredIncomeTaxExpenseBenefit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefit_lbl" xml:lang="en-US">Deferred income taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_RecoveryForDoubtfulAccounts" xlink:label="apwc_RecoveryForDoubtfulAccounts" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_RecoveryForDoubtfulAccounts_lbl" xml:lang="en-US">Recovery for doubtful accounts</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_InventoryImpairment" xlink:to="apwc_InventoryImpairment_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_InventoryImpairment_2_lbl" xml:lang="en-US">Inventory impairment</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromEquityMethodInvestments" xlink:to="us-gaap_IncomeLossFromEquityMethodInvestments_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncomeLossFromEquityMethodInvestments_2_lbl" xml:lang="en-US">Share of net loss of equity investees</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ImpairmentOfLongLivedAssetsHeldForUse" xlink:to="us-gaap_ImpairmentOfLongLivedAssetsHeldForUse_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ImpairmentOfLongLivedAssetsHeldForUse_2_lbl" xml:lang="en-US">Impairment of long-lived assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ImpairmentOfInvestments" xlink:to="us-gaap_ImpairmentOfInvestments_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ImpairmentOfInvestments_2_lbl" xml:lang="en-US">Impairment of investments</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GoodwillImpairmentLoss" xlink:to="us-gaap_GoodwillImpairmentLoss_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GoodwillImpairmentLoss_2_lbl" xml:lang="en-US">Impairment of goodwill</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax" xlink:to="us-gaap_DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax_2_lbl" xml:lang="en-US">Gain on disposal of a subsidiary</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PensionContributions" xlink:label="us-gaap_PensionContributions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PensionContributions" xlink:to="us-gaap_PensionContributions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PensionContributions_lbl" xml:lang="en-US">Pension liability adjustments</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ForeignCurrencyTransactionGainLossUnrealized" xlink:label="us-gaap_ForeignCurrencyTransactionGainLossUnrealized" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ForeignCurrencyTransactionGainLossUnrealized" xlink:to="us-gaap_ForeignCurrencyTransactionGainLossUnrealized_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ForeignCurrencyTransactionGainLossUnrealized_lbl" xml:lang="en-US">Unrealized foreign exchange difference, net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OperatingIncomeLoss" xlink:label="us-gaap_OperatingIncomeLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingIncomeLoss" xlink:to="us-gaap_OperatingIncomeLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingIncomeLoss_lbl" xml:lang="en-US">Noncash other income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:to="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_lbl" xml:lang="en-US">Changes in operating assets and liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivable" xlink:label="us-gaap_IncreaseDecreaseInAccountsReceivable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInAccountsReceivable" xlink:to="us-gaap_IncreaseDecreaseInAccountsReceivable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInAccountsReceivable_lbl" xml:lang="en-US">Accounts receivable, net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInInventories" xlink:label="us-gaap_IncreaseDecreaseInInventories" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInInventories" xlink:to="us-gaap_IncreaseDecreaseInInventories_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInInventories_lbl" xml:lang="en-US">Inventories</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInOtherCurrentAssets" xlink:label="us-gaap_IncreaseDecreaseInOtherCurrentAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInOtherCurrentAssets" xlink:to="us-gaap_IncreaseDecreaseInOtherCurrentAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_IncreaseDecreaseInOtherCurrentAssets_lbl" xml:lang="en-US">Prepaid expenses and other current assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInDueToRelatedPartiesCurrent" xlink:label="us-gaap_IncreaseDecreaseInDueToRelatedPartiesCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInDueToRelatedPartiesCurrent" xlink:to="us-gaap_IncreaseDecreaseInDueToRelatedPartiesCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInDueToRelatedPartiesCurrent_lbl" xml:lang="en-US">Amounts due to/from related parties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInOtherNoncurrentAssets" xlink:label="us-gaap_IncreaseDecreaseInOtherNoncurrentAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInOtherNoncurrentAssets" xlink:to="us-gaap_IncreaseDecreaseInOtherNoncurrentAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInOtherNoncurrentAssets_lbl" xml:lang="en-US">Other long term assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:to="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_lbl" xml:lang="en-US">Accounts payable, accrued expenses, other current liabilities and other non-current liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xml:lang="en-US">Net cash provided by (used in) operating activities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xml:lang="en-US">Investing activities:</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_PlacementOfUnrestrictedShorttermBankDepositsToFinancialInstitutions" xlink:label="apwc_PlacementOfUnrestrictedShorttermBankDepositsToFinancialInstitutions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PlacementOfUnrestrictedShorttermBankDepositsToFinancialInstitutions" xlink:to="apwc_PlacementOfUnrestrictedShorttermBankDepositsToFinancialInstitutions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_PlacementOfUnrestrictedShorttermBankDepositsToFinancialInstitutions_lbl" xml:lang="en-US">Placement of unrestricted short-term bank deposits to financial institutions</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_PlacementOfRestrictedShorttermBankDepositsToFinancialInstitutions" xlink:label="apwc_PlacementOfRestrictedShorttermBankDepositsToFinancialInstitutions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PlacementOfRestrictedShorttermBankDepositsToFinancialInstitutions" xlink:to="apwc_PlacementOfRestrictedShorttermBankDepositsToFinancialInstitutions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_PlacementOfRestrictedShorttermBankDepositsToFinancialInstitutions_lbl" xml:lang="en-US">Placement of restricted short-term bank deposits to financial institutions</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_MaturityOfRestrictedShorttermBankDepositsFromFinancialInstitutions" xlink:label="apwc_MaturityOfRestrictedShorttermBankDepositsFromFinancialInstitutions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_MaturityOfRestrictedShorttermBankDepositsFromFinancialInstitutions" xlink:to="apwc_MaturityOfRestrictedShorttermBankDepositsFromFinancialInstitutions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_MaturityOfRestrictedShorttermBankDepositsFromFinancialInstitutions_lbl" xml:lang="en-US">Maturity of restricted short-term bank deposits from financial institutions</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_PurchaseOfFinancialInstruments" xlink:label="apwc_PurchaseOfFinancialInstruments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PurchaseOfFinancialInstruments" xlink:to="apwc_PurchaseOfFinancialInstruments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="apwc_PurchaseOfFinancialInstruments_lbl" xml:lang="en-US">Purchases of held-to-maturity securities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:to="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_lbl" xml:lang="en-US">Purchases of property, plant and equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities" xlink:label="us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities" xlink:to="us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities_lbl" xml:lang="en-US">Proceed from disposal of an available-for-sale securities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment" xlink:label="us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment" xlink:to="us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_lbl" xml:lang="en-US">Proceeds from disposal of property, plant and equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xml:lang="en-US">Net cash used in investing activities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xml:lang="en-US">Financing activities:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsOfDividends" xlink:label="us-gaap_PaymentsOfDividends" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsOfDividends" xlink:to="us-gaap_PaymentsOfDividends_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_PaymentsOfDividends_lbl" xml:lang="en-US">Dividend paid to noncontrolling shareholders of subsidiaries</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RepaymentsOfBankDebt" xlink:label="us-gaap_RepaymentsOfBankDebt" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RepaymentsOfBankDebt" xlink:to="us-gaap_RepaymentsOfBankDebt_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_RepaymentsOfBankDebt_lbl" xml:lang="en-US">Repayments of bank loans</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromBankDebt" xlink:label="us-gaap_ProceedsFromBankDebt" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromBankDebt" xlink:to="us-gaap_ProceedsFromBankDebt_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromBankDebt_lbl" xml:lang="en-US">Proceeds from bank loans</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ShareCapitalRepurchase" xlink:label="apwc_ShareCapitalRepurchase" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ShareCapitalRepurchase" xlink:to="apwc_ShareCapitalRepurchase_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ShareCapitalRepurchase_lbl" xml:lang="en-US">Share buy-back</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_AcquisitionOfNoncontrollingInterest" xlink:label="apwc_AcquisitionOfNoncontrollingInterest" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_AcquisitionOfNoncontrollingInterest" xlink:to="apwc_AcquisitionOfNoncontrollingInterest_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="apwc_AcquisitionOfNoncontrollingInterest_lbl" xml:lang="en-US">Acquisition of noncontrolling interests</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xml:lang="en-US">Net cash (used in) provided by financing activities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents" xlink:label="us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents" xlink:to="us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_lbl" xml:lang="en-US">Effect of exchange rate changes on cash and cash equivalents</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:to="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_lbl" xml:lang="en-US">Net increase (decrease) in cash and cash equivalents</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:to="us-gaap_CashAndCashEquivalentsAtCarryingValue_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_2_lbl" xml:lang="en-US">Cash and cash equivalents at beginning of year</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:to="us-gaap_CashAndCashEquivalentsAtCarryingValue_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_3_lbl" xml:lang="en-US">Cash and cash equivalents at end of year</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SupplementalCashFlowInformationAbstract" xlink:label="us-gaap_SupplementalCashFlowInformationAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SupplementalCashFlowInformationAbstract" xlink:to="us-gaap_SupplementalCashFlowInformationAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SupplementalCashFlowInformationAbstract_lbl" xml:lang="en-US">Supplemental disclosure of cash flow information:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InterestPaid" xlink:label="us-gaap_InterestPaid" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestPaid" xlink:to="us-gaap_InterestPaid_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestPaid_lbl" xml:lang="en-US">Cash paid for interest</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeTaxesPaidNet" xlink:label="us-gaap_IncomeTaxesPaidNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxesPaidNet" xlink:to="us-gaap_IncomeTaxesPaidNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxesPaidNet_lbl" xml:lang="en-US">Cash paid for income taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_NotesToFinancialStatementsAbstract" xlink:label="apwc_NotesToFinancialStatementsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_NotesToFinancialStatementsAbstract" xlink:to="apwc_NotesToFinancialStatementsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_NotesToFinancialStatementsAbstract_lbl" xml:lang="en-US">Notes to Financial Statements</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock" xlink:label="us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock" xlink:to="us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock_lbl" xml:lang="en-US">ORGANIZATION AND PRINCIPAL ACTIVITIES</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DisclosureNote2BasisOfPresentationAbstract" xlink:label="apwc_DisclosureNote2BasisOfPresentationAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DisclosureNote2BasisOfPresentationAbstract" xlink:to="apwc_DisclosureNote2BasisOfPresentationAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DisclosureNote2BasisOfPresentationAbstract_lbl" xml:lang="en-US">Note 2 - Basis Of Presentation</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BasisOfAccounting" xlink:label="us-gaap_BasisOfAccounting" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BasisOfAccounting" xlink:to="us-gaap_BasisOfAccounting_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BasisOfAccounting_lbl" xml:lang="en-US">BASIS OF PRESENTATION</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccountingChangesAndErrorCorrectionsTextBlock" xlink:label="us-gaap_AccountingChangesAndErrorCorrectionsTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountingChangesAndErrorCorrectionsTextBlock" xlink:to="us-gaap_AccountingChangesAndErrorCorrectionsTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountingChangesAndErrorCorrectionsTextBlock_lbl" xml:lang="en-US">CHANGES IN PRESENTATION OF COMPARATIVE FINANCIAL STATEMENTS</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SignificantAccountingPoliciesTextBlock" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SignificantAccountingPoliciesTextBlock" xlink:to="us-gaap_SignificantAccountingPoliciesTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock_lbl" xml:lang="en-US">SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DisclosureNote5ShorttermBankDepositsAbstract" xlink:label="apwc_DisclosureNote5ShorttermBankDepositsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DisclosureNote5ShorttermBankDepositsAbstract" xlink:to="apwc_DisclosureNote5ShorttermBankDepositsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DisclosureNote5ShorttermBankDepositsAbstract_lbl" xml:lang="en-US">Note 5 - Short-Term Bank Deposits</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ShorttermBankDepositsTextBlock" xlink:label="apwc_ShorttermBankDepositsTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ShorttermBankDepositsTextBlock" xlink:to="apwc_ShorttermBankDepositsTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ShorttermBankDepositsTextBlock_lbl" xml:lang="en-US">SHORT-TERM BANK DEPOSITS</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock" xlink:label="us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock" xlink:to="us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock_lbl" xml:lang="en-US">GOODWILL</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock" xlink:label="us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock" xlink:to="us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock_lbl" xml:lang="en-US">INVESTMENTS</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock" xlink:label="us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock" xlink:to="us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock_lbl" xml:lang="en-US">BANK LOANS AND OVERDRAFTS</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EarningsPerShareTextBlock" xlink:label="us-gaap_EarningsPerShareTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareTextBlock" xlink:to="us-gaap_EarningsPerShareTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareTextBlock_lbl" xml:lang="en-US">EARNINGS (LOSS) PER SHARE</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfValuationAndQualifyingAccountsDisclosureTextBlock" xlink:label="us-gaap_ScheduleOfValuationAndQualifyingAccountsDisclosureTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfValuationAndQualifyingAccountsDisclosureTextBlock" xlink:to="us-gaap_ScheduleOfValuationAndQualifyingAccountsDisclosureTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfValuationAndQualifyingAccountsDisclosureTextBlock_lbl" xml:lang="en-US">VALUATION AND QUALIFYING ACCOUNTS</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeTaxDisclosureTextBlock" xlink:label="us-gaap_IncomeTaxDisclosureTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxDisclosureTextBlock" xlink:to="us-gaap_IncomeTaxDisclosureTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxDisclosureTextBlock_lbl" xml:lang="en-US">INCOME TAXES</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_Note12ValueAddTaxVatAbstract" xlink:label="apwc_Note12ValueAddTaxVatAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_Note12ValueAddTaxVatAbstract" xlink:to="apwc_Note12ValueAddTaxVatAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_Note12ValueAddTaxVatAbstract_lbl" xml:lang="en-US">Note 12 - Value Added Tax Vat</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ValueAddedTaxDisclosureTextBlock" xlink:label="apwc_ValueAddedTaxDisclosureTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ValueAddedTaxDisclosureTextBlock" xlink:to="apwc_ValueAddedTaxDisclosureTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ValueAddedTaxDisclosureTextBlock_lbl" xml:lang="en-US">VALUE ADDED TAX ("VAT")</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_AccumulatedOtherComprehensiveIncomeLossTextBlock" xlink:label="apwc_AccumulatedOtherComprehensiveIncomeLossTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_AccumulatedOtherComprehensiveIncomeLossTextBlock" xlink:to="apwc_AccumulatedOtherComprehensiveIncomeLossTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_AccumulatedOtherComprehensiveIncomeLossTextBlock_lbl" xml:lang="en-US">ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:to="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl" xml:lang="en-US">COMMITMENTS AND CONTINGENCIES</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_UnusualOrInfrequentItemsDisclosureTextBlock" xlink:label="us-gaap_UnusualOrInfrequentItemsDisclosureTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnusualOrInfrequentItemsDisclosureTextBlock" xlink:to="us-gaap_UnusualOrInfrequentItemsDisclosureTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_UnusualOrInfrequentItemsDisclosureTextBlock_lbl" xml:lang="en-US">FLOODING IN THAILAND</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueDisclosuresTextBlock" xlink:label="us-gaap_FairValueDisclosuresTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueDisclosuresTextBlock" xlink:to="us-gaap_FairValueDisclosuresTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueDisclosuresTextBlock_lbl" xml:lang="en-US">FAIR VALUE DISCLOSURES</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ConcentrationRiskDisclosureTextBlock" xlink:label="us-gaap_ConcentrationRiskDisclosureTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConcentrationRiskDisclosureTextBlock" xlink:to="us-gaap_ConcentrationRiskDisclosureTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConcentrationRiskDisclosureTextBlock_lbl" xml:lang="en-US">CONCENTRATIONS OF RISKS</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:to="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xml:lang="en-US">RELATED PARTY BALANCES AND TRANSACTIONS</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock" xlink:label="us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock" xlink:to="us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_lbl" xml:lang="en-US">DEFINED CONTRIBUTION AND BENEFIT PLANS</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock" xlink:label="us-gaap_DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock" xlink:to="us-gaap_DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock_lbl" xml:lang="en-US">DISCONTINUED OPERATIONS</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SegmentReportingDisclosureTextBlock" xlink:label="us-gaap_SegmentReportingDisclosureTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingDisclosureTextBlock" xlink:to="us-gaap_SegmentReportingDisclosureTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SegmentReportingDisclosureTextBlock_lbl" xml:lang="en-US">SEGMENT REPORTING DISCLOSURE</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EquityMethodInvestmentsDisclosureTextBlock" xlink:label="us-gaap_EquityMethodInvestmentsDisclosureTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityMethodInvestmentsDisclosureTextBlock" xlink:to="us-gaap_EquityMethodInvestmentsDisclosureTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EquityMethodInvestmentsDisclosureTextBlock_lbl" xml:lang="en-US">SUMMARIZED FINANCIAL INFORMATION OF EQUITY INVESTEES</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_Note4SummaryOfSignificantAccountingPoliciesPoliciesAbstract" xlink:label="apwc_Note4SummaryOfSignificantAccountingPoliciesPoliciesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_Note4SummaryOfSignificantAccountingPoliciesPoliciesAbstract" xlink:to="apwc_Note4SummaryOfSignificantAccountingPoliciesPoliciesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_Note4SummaryOfSignificantAccountingPoliciesPoliciesAbstract_lbl" xml:lang="en-US">Note 4 - Summary Of Significant Accounting Policies Policies</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ConsolidationPolicyTextBlock" xlink:label="us-gaap_ConsolidationPolicyTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConsolidationPolicyTextBlock" xlink:to="us-gaap_ConsolidationPolicyTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConsolidationPolicyTextBlock_lbl" xml:lang="en-US">Principles of Consolidation</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_UseOfEstimates" xlink:label="us-gaap_UseOfEstimates" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UseOfEstimates" xlink:to="us-gaap_UseOfEstimates_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_UseOfEstimates_lbl" xml:lang="en-US">Use of Estimates</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CashAndCashEquivalentsPolicyTextBlock" xlink:label="us-gaap_CashAndCashEquivalentsPolicyTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsPolicyTextBlock" xlink:to="us-gaap_CashAndCashEquivalentsPolicyTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashAndCashEquivalentsPolicyTextBlock_lbl" xml:lang="en-US">Cash and Cash Equivalents</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InventoryPolicyTextBlock" xlink:label="us-gaap_InventoryPolicyTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InventoryPolicyTextBlock" xlink:to="us-gaap_InventoryPolicyTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_InventoryPolicyTextBlock_lbl" xml:lang="en-US">Inventories</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeTaxPolicyTextBlock" xlink:label="us-gaap_IncomeTaxPolicyTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxPolicyTextBlock" xlink:to="us-gaap_IncomeTaxPolicyTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxPolicyTextBlock_lbl" xml:lang="en-US">Income Taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" xlink:label="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" xlink:to="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_lbl" xml:lang="en-US">Property, Plant and Equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock" xlink:label="us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock" xlink:to="us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock_lbl" xml:lang="en-US">Goodwill</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EquityMethodInvestmentsPolicy" xlink:label="us-gaap_EquityMethodInvestmentsPolicy" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityMethodInvestmentsPolicy" xlink:to="us-gaap_EquityMethodInvestmentsPolicy_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EquityMethodInvestmentsPolicy_lbl" xml:lang="en-US">Investments</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock" xlink:label="us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock" xlink:to="us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock_lbl" xml:lang="en-US">Impairment of Long-Lived Assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_TradeAndOtherAccountsReceivablePolicy" xlink:label="us-gaap_TradeAndOtherAccountsReceivablePolicy" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TradeAndOtherAccountsReceivablePolicy" xlink:to="us-gaap_TradeAndOtherAccountsReceivablePolicy_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TradeAndOtherAccountsReceivablePolicy_lbl" xml:lang="en-US">Account Receivables and allowance for doubtful accounts</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LeasePolicyTextBlock" xlink:label="us-gaap_LeasePolicyTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LeasePolicyTextBlock" xlink:to="us-gaap_LeasePolicyTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LeasePolicyTextBlock_lbl" xml:lang="en-US">Lease obligations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RevenueRecognitionPolicyTextBlock" xlink:label="us-gaap_RevenueRecognitionPolicyTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RevenueRecognitionPolicyTextBlock" xlink:to="us-gaap_RevenueRecognitionPolicyTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RevenueRecognitionPolicyTextBlock_lbl" xml:lang="en-US">Revenue Recognition</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock" xlink:label="us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock" xlink:to="us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_lbl" xml:lang="en-US">Foreign Currency Translation and Transactions</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ForeignCurrencyDisclosureTextBlock" xlink:label="us-gaap_ForeignCurrencyDisclosureTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ForeignCurrencyDisclosureTextBlock" xlink:to="us-gaap_ForeignCurrencyDisclosureTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ForeignCurrencyDisclosureTextBlock_lbl" xml:lang="en-US">Foreign Currency Forward Contracts</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EarningsPerSharePolicyTextBlock" xlink:label="us-gaap_EarningsPerSharePolicyTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerSharePolicyTextBlock" xlink:to="us-gaap_EarningsPerSharePolicyTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerSharePolicyTextBlock_lbl" xml:lang="en-US">Earnings (Loss) Per Share</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ComprehensiveIncomePolicyPolicyTextBlock" xlink:label="us-gaap_ComprehensiveIncomePolicyPolicyTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ComprehensiveIncomePolicyPolicyTextBlock" xlink:to="us-gaap_ComprehensiveIncomePolicyPolicyTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ComprehensiveIncomePolicyPolicyTextBlock_lbl" xml:lang="en-US">Comprehensive Income</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ContigentLiabilityTextBlock" xlink:label="apwc_ContigentLiabilityTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ContigentLiabilityTextBlock" xlink:to="apwc_ContigentLiabilityTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ContigentLiabilityTextBlock_lbl" xml:lang="en-US">Contigent Liability</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueMeasurementPolicyPolicyTextBlock" xlink:label="us-gaap_FairValueMeasurementPolicyPolicyTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueMeasurementPolicyPolicyTextBlock" xlink:to="us-gaap_FairValueMeasurementPolicyPolicyTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueMeasurementPolicyPolicyTextBlock_lbl" xml:lang="en-US">Fair Value Measurements</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_TreasurySharesPolicyTextBlcok" xlink:label="apwc_TreasurySharesPolicyTextBlcok" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_TreasurySharesPolicyTextBlcok" xlink:to="apwc_TreasurySharesPolicyTextBlcok_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_TreasurySharesPolicyTextBlcok_lbl" xml:lang="en-US">Treasury Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:to="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_lbl" xml:lang="en-US">Recent Pronouncements</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_SubsidiariesAndEquityInvesteeOfCompanyTableTextBlock" xlink:label="apwc_SubsidiariesAndEquityInvesteeOfCompanyTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SubsidiariesAndEquityInvesteeOfCompanyTableTextBlock" xlink:to="apwc_SubsidiariesAndEquityInvesteeOfCompanyTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_SubsidiariesAndEquityInvesteeOfCompanyTableTextBlock_lbl" xml:lang="en-US">Subsidiaries and equity investee of Company</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_Note4SummaryOfSignificantAccountingPoliciesTablesAbstract" xlink:label="apwc_Note4SummaryOfSignificantAccountingPoliciesTablesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_Note4SummaryOfSignificantAccountingPoliciesTablesAbstract" xlink:to="apwc_Note4SummaryOfSignificantAccountingPoliciesTablesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_Note4SummaryOfSignificantAccountingPoliciesTablesAbstract_lbl" xml:lang="en-US">Note 4 - Summary Of Significant Accounting Policies Tables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTextBlock" xlink:label="us-gaap_PropertyPlantAndEquipmentTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentTextBlock" xlink:to="us-gaap_PropertyPlantAndEquipmentTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentTextBlock_lbl" xml:lang="en-US">Property, Plant and Equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_Note5ShorttermBankDepositsTablesAbstract" xlink:label="apwc_Note5ShorttermBankDepositsTablesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_Note5ShorttermBankDepositsTablesAbstract" xlink:to="apwc_Note5ShorttermBankDepositsTablesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_Note5ShorttermBankDepositsTablesAbstract_lbl" xml:lang="en-US">Note 5 - Short-Term Bank Deposits Tables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfCashCashEquivalentsAndShortTermInvestmentsTableTextBlock" xlink:label="us-gaap_ScheduleOfCashCashEquivalentsAndShortTermInvestmentsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfCashCashEquivalentsAndShortTermInvestmentsTableTextBlock" xlink:to="us-gaap_ScheduleOfCashCashEquivalentsAndShortTermInvestmentsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ScheduleOfCashCashEquivalentsAndShortTermInvestmentsTableTextBlock_lbl" xml:lang="en-US">SHORT-TERM BANK DEPOSITS</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DisclosureNote6GoodwillTablesAbstract" xlink:label="apwc_DisclosureNote6GoodwillTablesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DisclosureNote6GoodwillTablesAbstract" xlink:to="apwc_DisclosureNote6GoodwillTablesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DisclosureNote6GoodwillTablesAbstract_lbl" xml:lang="en-US">Note 6 - Goodwill Tables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfGoodwillTextBlock" xlink:label="us-gaap_ScheduleOfGoodwillTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfGoodwillTextBlock" xlink:to="us-gaap_ScheduleOfGoodwillTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfGoodwillTextBlock_lbl" xml:lang="en-US">Carrying amount of goodwill</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_Note7InvestmentsTablesAbstract" xlink:label="apwc_Note7InvestmentsTablesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_Note7InvestmentsTablesAbstract" xlink:to="apwc_Note7InvestmentsTablesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_Note7InvestmentsTablesAbstract_lbl" xml:lang="en-US">Note 7 - Investments Tables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SummaryInvestmentHoldingsTextBlock" xlink:label="us-gaap_SummaryInvestmentHoldingsTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SummaryInvestmentHoldingsTextBlock" xlink:to="us-gaap_SummaryInvestmentHoldingsTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SummaryInvestmentHoldingsTextBlock_lbl" xml:lang="en-US">Summary of the carrying values and balance sheet classification of all investments in debt, equity securities and available-for-sale securities disclosure</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SummaryOfInvestmentHoldingsScheduleOfInvestmentsTableTextBlock" xlink:label="us-gaap_SummaryOfInvestmentHoldingsScheduleOfInvestmentsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SummaryOfInvestmentHoldingsScheduleOfInvestmentsTableTextBlock" xlink:to="us-gaap_SummaryOfInvestmentHoldingsScheduleOfInvestmentsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SummaryOfInvestmentHoldingsScheduleOfInvestmentsTableTextBlock_lbl" xml:lang="en-US">summary of the carrying values and balance sheet classification of all investments in debt, equity securities and available-for-sale securities</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_Note8BankLoansAndOverdraftsTablesAbstract" xlink:label="apwc_Note8BankLoansAndOverdraftsTablesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_Note8BankLoansAndOverdraftsTablesAbstract" xlink:to="apwc_Note8BankLoansAndOverdraftsTablesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_Note8BankLoansAndOverdraftsTablesAbstract_lbl" xml:lang="en-US">Note 8 - Bank Loans And Overdrafts Tables</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_BankLoansAndOverdraftsTableTextBlock" xlink:label="apwc_BankLoansAndOverdraftsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_BankLoansAndOverdraftsTableTextBlock" xlink:to="apwc_BankLoansAndOverdraftsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_BankLoansAndOverdraftsTableTextBlock_lbl" xml:lang="en-US">Bank loans and overdrafts</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_Note9EarningsLossPerShareTablesAbstract" xlink:label="apwc_Note9EarningsLossPerShareTablesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_Note9EarningsLossPerShareTablesAbstract" xlink:to="apwc_Note9EarningsLossPerShareTablesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_Note9EarningsLossPerShareTablesAbstract_lbl" xml:lang="en-US">Note 9 - Earnings Loss Per Share Tables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" xlink:label="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" xlink:to="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_lbl" xml:lang="en-US">Basic and diluted earnings (loss)</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DisclosureNote10ValuationAndQualifyingAccountsTablesAbstract" xlink:label="apwc_DisclosureNote10ValuationAndQualifyingAccountsTablesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DisclosureNote10ValuationAndQualifyingAccountsTablesAbstract" xlink:to="apwc_DisclosureNote10ValuationAndQualifyingAccountsTablesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DisclosureNote10ValuationAndQualifyingAccountsTablesAbstract_lbl" xml:lang="en-US">Note 10 - Valuation And Qualifying Accounts Tables</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ScheduleOfValuationAndQualifyingAccountsDisclosureTableTextBlock" xlink:label="apwc_ScheduleOfValuationAndQualifyingAccountsDisclosureTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ScheduleOfValuationAndQualifyingAccountsDisclosureTableTextBlock" xlink:to="apwc_ScheduleOfValuationAndQualifyingAccountsDisclosureTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ScheduleOfValuationAndQualifyingAccountsDisclosureTableTextBlock_lbl" xml:lang="en-US">Valuation of qualifying accounts</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_Note11IncomeTaxesTablesAbstract" xlink:label="apwc_Note11IncomeTaxesTablesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_Note11IncomeTaxesTablesAbstract" xlink:to="apwc_Note11IncomeTaxesTablesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_Note11IncomeTaxesTablesAbstract_lbl" xml:lang="en-US">Note 11 - Income Taxes Tables</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_PretaxIncomeLossFromContinuingOperationsTableTextBlock" xlink:label="apwc_PretaxIncomeLossFromContinuingOperationsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PretaxIncomeLossFromContinuingOperationsTableTextBlock" xlink:to="apwc_PretaxIncomeLossFromContinuingOperationsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_PretaxIncomeLossFromContinuingOperationsTableTextBlock_lbl" xml:lang="en-US">Pre-tax income (loss) from continuing operations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SummaryOfIncomeTaxContingenciesTextBlock" xlink:label="us-gaap_SummaryOfIncomeTaxContingenciesTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SummaryOfIncomeTaxContingenciesTextBlock" xlink:to="us-gaap_SummaryOfIncomeTaxContingenciesTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SummaryOfIncomeTaxContingenciesTextBlock_lbl" xml:lang="en-US">Components of the provision (benefit) for income taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock" xlink:label="us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock" xlink:to="us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_lbl" xml:lang="en-US">Reconciliation of the statutory tax rate and effective tax rate</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock" xlink:label="us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock" xlink:to="us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_lbl" xml:lang="en-US">Deferred tax liabilities and assets</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_AmountOfDeferredTaxLiabilitiesAndAssetsTableTextBlock" xlink:label="apwc_AmountOfDeferredTaxLiabilitiesAndAssetsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_AmountOfDeferredTaxLiabilitiesAndAssetsTableTextBlock" xlink:to="apwc_AmountOfDeferredTaxLiabilitiesAndAssetsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_AmountOfDeferredTaxLiabilitiesAndAssetsTableTextBlock_lbl" xml:lang="en-US">Amount of deferred tax liabilities and assets</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DeferredTaxLiabilitiesAndAssetsAccompanyingConsolidatedBalanceSheetsTableTextBlock" xlink:label="apwc_DeferredTaxLiabilitiesAndAssetsAccompanyingConsolidatedBalanceSheetsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DeferredTaxLiabilitiesAndAssetsAccompanyingConsolidatedBalanceSheetsTableTextBlock" xlink:to="apwc_DeferredTaxLiabilitiesAndAssetsAccompanyingConsolidatedBalanceSheetsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DeferredTaxLiabilitiesAndAssetsAccompanyingConsolidatedBalanceSheetsTableTextBlock_lbl" xml:lang="en-US">Deferred tax liabilities and assets accompanying consolidated balance sheets</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_FutureTaxableIncomeTableTextBlock" xlink:label="apwc_FutureTaxableIncomeTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_FutureTaxableIncomeTableTextBlock" xlink:to="apwc_FutureTaxableIncomeTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_FutureTaxableIncomeTableTextBlock_lbl" xml:lang="en-US">Future taxable income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock" xlink:label="us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock" xlink:to="us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock_lbl" xml:lang="en-US">Unrecognized tax benefits</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock" xlink:label="us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock" xlink:to="us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_lbl" xml:lang="en-US">Component of income tax expense</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DisclosureNote12ValueAddedTaxVatTablesAbstract" xlink:label="apwc_DisclosureNote12ValueAddedTaxVatTablesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DisclosureNote12ValueAddedTaxVatTablesAbstract" xlink:to="apwc_DisclosureNote12ValueAddedTaxVatTablesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DisclosureNote12ValueAddedTaxVatTablesAbstract_lbl" xml:lang="en-US">Note 12 - Value Added Tax Vat Tables</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_FutureMinimumPaymentsUnderCapitalLeasesAndNoncancellableOperatingLeasesTableTextBlock" xlink:label="apwc_FutureMinimumPaymentsUnderCapitalLeasesAndNoncancellableOperatingLeasesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_FutureMinimumPaymentsUnderCapitalLeasesAndNoncancellableOperatingLeasesTableTextBlock" xlink:to="apwc_FutureMinimumPaymentsUnderCapitalLeasesAndNoncancellableOperatingLeasesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_FutureMinimumPaymentsUnderCapitalLeasesAndNoncancellableOperatingLeasesTableTextBlock_lbl" xml:lang="en-US">Future minimum payments under capital leases and non-cancellable operating leases</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfRentExpenseTableTextBlock" xlink:label="us-gaap_ScheduleOfRentExpenseTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfRentExpenseTableTextBlock" xlink:to="us-gaap_ScheduleOfRentExpenseTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfRentExpenseTableTextBlock_lbl" xml:lang="en-US">Rental expense</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DisclosureNote13AccumulatedOtherComprehensiveIncomeLossTablesAbstract" xlink:label="apwc_DisclosureNote13AccumulatedOtherComprehensiveIncomeLossTablesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DisclosureNote13AccumulatedOtherComprehensiveIncomeLossTablesAbstract" xlink:to="apwc_DisclosureNote13AccumulatedOtherComprehensiveIncomeLossTablesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DisclosureNote13AccumulatedOtherComprehensiveIncomeLossTablesAbstract_lbl" xml:lang="en-US">Note 13 - Accumulated Other Comprehensive Income Loss Tables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock" xlink:label="us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock" xlink:to="us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_lbl" xml:lang="en-US">Accumulated other comprehensive income (loss)</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DisclosureNote14CommitmentsAndContingenciesTablesAbstract" xlink:label="apwc_DisclosureNote14CommitmentsAndContingenciesTablesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DisclosureNote14CommitmentsAndContingenciesTablesAbstract" xlink:to="apwc_DisclosureNote14CommitmentsAndContingenciesTablesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DisclosureNote14CommitmentsAndContingenciesTablesAbstract_lbl" xml:lang="en-US">Note 14 - Commitments And Contingencies Tables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfFutureMinimumLeasePaymentsForCapitalLeasesTableTextBlock" xlink:label="us-gaap_ScheduleOfFutureMinimumLeasePaymentsForCapitalLeasesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfFutureMinimumLeasePaymentsForCapitalLeasesTableTextBlock" xlink:to="us-gaap_ScheduleOfFutureMinimumLeasePaymentsForCapitalLeasesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfFutureMinimumLeasePaymentsForCapitalLeasesTableTextBlock_lbl" xml:lang="en-US">Future minimum payments under capital leases</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ScheduleOfRentExpense1TableTextBlock" xlink:label="apwc_ScheduleOfRentExpense1TableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ScheduleOfRentExpense1TableTextBlock" xlink:to="apwc_ScheduleOfRentExpense1TableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="apwc_ScheduleOfRentExpense1TableTextBlock_lbl" xml:lang="en-US">Rental expense</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DisclosureNote14FloodingInThailandTablesAbstract" xlink:label="apwc_DisclosureNote14FloodingInThailandTablesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DisclosureNote14FloodingInThailandTablesAbstract" xlink:to="apwc_DisclosureNote14FloodingInThailandTablesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DisclosureNote14FloodingInThailandTablesAbstract_lbl" xml:lang="en-US">Note 15 - Flooding In Thailand Tables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock" xlink:label="us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock" xlink:to="us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock_lbl" xml:lang="en-US">Flood related charges</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DisclosureNote17RelatedPartyBalancesAndTransactionsTablesAbstract" xlink:label="apwc_DisclosureNote17RelatedPartyBalancesAndTransactionsTablesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DisclosureNote17RelatedPartyBalancesAndTransactionsTablesAbstract" xlink:to="apwc_DisclosureNote17RelatedPartyBalancesAndTransactionsTablesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DisclosureNote17RelatedPartyBalancesAndTransactionsTablesAbstract_lbl" xml:lang="en-US">Note 18 - Related Party Balances And Transactions Tables</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_RelatedPartyTransactionCompanysOperatingSubsidiaries" xlink:label="apwc_RelatedPartyTransactionCompanysOperatingSubsidiaries" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_RelatedPartyTransactionCompanysOperatingSubsidiaries" xlink:to="apwc_RelatedPartyTransactionCompanysOperatingSubsidiaries_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_RelatedPartyTransactionCompanysOperatingSubsidiaries_lbl" xml:lang="en-US">Related party Transaction Company's Operating Subsidiaries</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock" xlink:to="us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock_lbl" xml:lang="en-US">Related party transactions</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_Note18DefinedContributionAndBenefitPlansTablesAbstract" xlink:label="apwc_Note18DefinedContributionAndBenefitPlansTablesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_Note18DefinedContributionAndBenefitPlansTablesAbstract" xlink:to="apwc_Note18DefinedContributionAndBenefitPlansTablesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_Note18DefinedContributionAndBenefitPlansTablesAbstract_lbl" xml:lang="en-US">Note 19 - Defined Contribution And Benefit Plans Tables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredCompensationArrangementWithIndividualDisclosurePostretirementBenefitsTextBlock" xlink:label="us-gaap_DeferredCompensationArrangementWithIndividualDisclosurePostretirementBenefitsTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredCompensationArrangementWithIndividualDisclosurePostretirementBenefitsTextBlock" xlink:to="us-gaap_DeferredCompensationArrangementWithIndividualDisclosurePostretirementBenefitsTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredCompensationArrangementWithIndividualDisclosurePostretirementBenefitsTextBlock_lbl" xml:lang="en-US">Compensation Retirement Benefits Actuarial valuation</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfAccumulatedAndProjectedBenefitObligationsTableTextBlock" xlink:label="us-gaap_ScheduleOfAccumulatedAndProjectedBenefitObligationsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfAccumulatedAndProjectedBenefitObligationsTableTextBlock" xlink:to="us-gaap_ScheduleOfAccumulatedAndProjectedBenefitObligationsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfAccumulatedAndProjectedBenefitObligationsTableTextBlock_lbl" xml:lang="en-US">Assumptions used in actuarial present value of the projected benefit obligations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfExpectedBenefitPaymentsTableTextBlock" xlink:label="us-gaap_ScheduleOfExpectedBenefitPaymentsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfExpectedBenefitPaymentsTableTextBlock" xlink:to="us-gaap_ScheduleOfExpectedBenefitPaymentsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfExpectedBenefitPaymentsTableTextBlock_lbl" xml:lang="en-US">Future expected service pension benefit payments</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DisclosureNote19DiscontinuedOperationsTablesAbstract" xlink:label="apwc_DisclosureNote19DiscontinuedOperationsTablesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DisclosureNote19DiscontinuedOperationsTablesAbstract" xlink:to="apwc_DisclosureNote19DiscontinuedOperationsTablesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DisclosureNote19DiscontinuedOperationsTablesAbstract_lbl" xml:lang="en-US">Note 20 - Discontinued Operations Tables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DiscontinuedOperationsPolicyTextBlock" xlink:label="us-gaap_DiscontinuedOperationsPolicyTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DiscontinuedOperationsPolicyTextBlock" xlink:to="us-gaap_DiscontinuedOperationsPolicyTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DiscontinuedOperationsPolicyTextBlock_lbl" xml:lang="en-US">Results from discontinued operations</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_TransactionsUndertakenWithRelatedPartiesTableTextBlock" xlink:label="apwc_TransactionsUndertakenWithRelatedPartiesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_TransactionsUndertakenWithRelatedPartiesTableTextBlock" xlink:to="apwc_TransactionsUndertakenWithRelatedPartiesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_TransactionsUndertakenWithRelatedPartiesTableTextBlock_lbl" xml:lang="en-US">Transactions undertaken with related parties</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DisclosureNote20SegmentFinancialInformationTablesAbstract" xlink:label="apwc_DisclosureNote20SegmentFinancialInformationTablesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DisclosureNote20SegmentFinancialInformationTablesAbstract" xlink:to="apwc_DisclosureNote20SegmentFinancialInformationTablesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DisclosureNote20SegmentFinancialInformationTablesAbstract_lbl" xml:lang="en-US">Note 21 -Segment Financial Information Tables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock" xlink:label="us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock" xlink:to="us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_lbl" xml:lang="en-US">Measurement of Segment Profit or Loss and Segment Assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock" xlink:label="us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock" xlink:to="us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock_lbl" xml:lang="en-US">Revenue from external customers</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DisclosureNote21SummarizedFinancialInformationOfEquityInvesteesTablesAbstract" xlink:label="apwc_DisclosureNote21SummarizedFinancialInformationOfEquityInvesteesTablesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DisclosureNote21SummarizedFinancialInformationOfEquityInvesteesTablesAbstract" xlink:to="apwc_DisclosureNote21SummarizedFinancialInformationOfEquityInvesteesTablesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DisclosureNote21SummarizedFinancialInformationOfEquityInvesteesTablesAbstract_lbl" xml:lang="en-US">Note 22 - Summarized Financial Information Of Equity Investees Tables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfCondensedBalanceSheetTableTextBlock" xlink:label="us-gaap_ScheduleOfCondensedBalanceSheetTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfCondensedBalanceSheetTableTextBlock" xlink:to="us-gaap_ScheduleOfCondensedBalanceSheetTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfCondensedBalanceSheetTableTextBlock_lbl" xml:lang="en-US">Summarized financial information, Balance sheet</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfCondensedIncomeStatementTableTextBlock" xlink:label="us-gaap_ScheduleOfCondensedIncomeStatementTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfCondensedIncomeStatementTableTextBlock" xlink:to="us-gaap_ScheduleOfCondensedIncomeStatementTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfCondensedIncomeStatementTableTextBlock_lbl" xml:lang="en-US">Summarized financial information, Income statement</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage" xlink:label="us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage" xlink:to="us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage_lbl" xml:lang="en-US">Percentage of equity interest</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentByTypeAxis" xlink:to="us-gaap_PropertyPlantAndEquipmentByTypeAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentByTypeAxis_2_lbl" xml:lang="en-US">Property, Plant and Equipment, Type [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_PropertyPlantAndEquipmentEstimatedUsefulLives1" xlink:label="apwc_PropertyPlantAndEquipmentEstimatedUsefulLives1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PropertyPlantAndEquipmentEstimatedUsefulLives1" xlink:to="apwc_PropertyPlantAndEquipmentEstimatedUsefulLives1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_PropertyPlantAndEquipmentEstimatedUsefulLives1_lbl" xml:lang="en-US">Estimated useful lives</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DisclosureNote4SummaryOfSignificantAccountingPoliciesDetailsNarrativeAbstract" xlink:label="apwc_DisclosureNote4SummaryOfSignificantAccountingPoliciesDetailsNarrativeAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DisclosureNote4SummaryOfSignificantAccountingPoliciesDetailsNarrativeAbstract" xlink:to="apwc_DisclosureNote4SummaryOfSignificantAccountingPoliciesDetailsNarrativeAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DisclosureNote4SummaryOfSignificantAccountingPoliciesDetailsNarrativeAbstract_lbl" xml:lang="en-US">Note 4 - Summary Of Significant Accounting Policies Details Narrative</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Depreciation" xlink:to="us-gaap_Depreciation_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_Depreciation_2_lbl" xml:lang="en-US">Depreciation expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InterestCostsCapitalized" xlink:label="us-gaap_InterestCostsCapitalized" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestCostsCapitalized" xlink:to="us-gaap_InterestCostsCapitalized_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestCostsCapitalized_lbl" xml:lang="en-US">Interest capitalized</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GoodwillImpairmentLoss" xlink:to="us-gaap_GoodwillImpairmentLoss_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_GoodwillImpairmentLoss_3_lbl" xml:lang="en-US">Goodwill impairment charges</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_Goodwill" xlink:label="us-gaap_Goodwill" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Goodwill" xlink:to="us-gaap_Goodwill_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_Goodwill_lbl" xml:lang="en-US">Carrying amount of goodwill</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ImpairmentOfInvestments" xlink:to="us-gaap_ImpairmentOfInvestments_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ImpairmentOfInvestments_3_lbl" xml:lang="en-US">Impairement charges available-for-sale investment</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ImpairmentChargeOnLongLivedAssets" xlink:label="apwc_ImpairmentChargeOnLongLivedAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ImpairmentChargeOnLongLivedAssets" xlink:to="apwc_ImpairmentChargeOnLongLivedAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ImpairmentChargeOnLongLivedAssets_lbl" xml:lang="en-US">Impairment charge</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_BillAndHoldArrangement" xlink:label="apwc_BillAndHoldArrangement" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_BillAndHoldArrangement" xlink:to="apwc_BillAndHoldArrangement_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_BillAndHoldArrangement_lbl" xml:lang="en-US">Bill-and-hold arrangements</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ForwardExchangePurchaseContractsOutstanding" xlink:label="apwc_ForwardExchangePurchaseContractsOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ForwardExchangePurchaseContractsOutstanding" xlink:to="apwc_ForwardExchangePurchaseContractsOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ForwardExchangePurchaseContractsOutstanding_lbl" xml:lang="en-US">Forward exchange purchase contracts outstanding</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ForwardExchangePurchaseContractsMaturityDate" xlink:label="apwc_ForwardExchangePurchaseContractsMaturityDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ForwardExchangePurchaseContractsMaturityDate" xlink:to="apwc_ForwardExchangePurchaseContractsMaturityDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ForwardExchangePurchaseContractsMaturityDate_lbl" xml:lang="en-US">Forward exchange purchase contracts maturity date</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_FairValueOfRelatedGainsAndLosses" xlink:label="apwc_FairValueOfRelatedGainsAndLosses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_FairValueOfRelatedGainsAndLosses" xlink:to="apwc_FairValueOfRelatedGainsAndLosses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_FairValueOfRelatedGainsAndLosses_lbl" xml:lang="en-US">Fair value of related gains and losses</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DisclosureNote5ShorttermBankDepositsDetailsAbstract" xlink:label="apwc_DisclosureNote5ShorttermBankDepositsDetailsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DisclosureNote5ShorttermBankDepositsDetailsAbstract" xlink:to="apwc_DisclosureNote5ShorttermBankDepositsDetailsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DisclosureNote5ShorttermBankDepositsDetailsAbstract_lbl" xml:lang="en-US">Note 5 - Short-Term Bank Deposits Details</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_UnrestrictedShorttermBankDeposits" xlink:to="apwc_UnrestrictedShorttermBankDeposits_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="apwc_UnrestrictedShorttermBankDeposits_2_lbl" xml:lang="en-US">Unrestricted short-term bank deposits</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestBearingDepositsInBanks" xlink:to="us-gaap_InterestBearingDepositsInBanks_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_InterestBearingDepositsInBanks_2_lbl" xml:lang="en-US">Restricted short-term bank deposits</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ShorttermBankDeposits" xlink:label="apwc_ShorttermBankDeposits" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ShorttermBankDeposits" xlink:to="apwc_ShorttermBankDeposits_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ShorttermBankDeposits_lbl" xml:lang="en-US">Short-term bank deposits</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DisclosureNote5ShorttermBankDepositsDetailsNarrativeAbstract" xlink:label="apwc_DisclosureNote5ShorttermBankDepositsDetailsNarrativeAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DisclosureNote5ShorttermBankDepositsDetailsNarrativeAbstract" xlink:to="apwc_DisclosureNote5ShorttermBankDepositsDetailsNarrativeAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DisclosureNote5ShorttermBankDepositsDetailsNarrativeAbstract_lbl" xml:lang="en-US">Note 5 - Short-Term Bank Deposits Details Narrative</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FederalHomeLoanBankAdvancesBranchOfFHLBBankInterestRateRangeFrom" xlink:label="us-gaap_FederalHomeLoanBankAdvancesBranchOfFHLBBankInterestRateRangeFrom" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FederalHomeLoanBankAdvancesBranchOfFHLBBankInterestRateRangeFrom" xlink:to="us-gaap_FederalHomeLoanBankAdvancesBranchOfFHLBBankInterestRateRangeFrom_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FederalHomeLoanBankAdvancesBranchOfFHLBBankInterestRateRangeFrom_lbl" xml:lang="en-US">Bank deposits interest rates range from</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FederalHomeLoanBankAdvancesBranchOfFHLBBankInterestRateRangeTo" xlink:label="us-gaap_FederalHomeLoanBankAdvancesBranchOfFHLBBankInterestRateRangeTo" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FederalHomeLoanBankAdvancesBranchOfFHLBBankInterestRateRangeTo" xlink:to="us-gaap_FederalHomeLoanBankAdvancesBranchOfFHLBBankInterestRateRangeTo_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FederalHomeLoanBankAdvancesBranchOfFHLBBankInterestRateRangeTo_lbl" xml:lang="en-US">Bank deposits interest rates to</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DisclosureNote6GoodwillDetailsAbstract" xlink:label="apwc_DisclosureNote6GoodwillDetailsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DisclosureNote6GoodwillDetailsAbstract" xlink:to="apwc_DisclosureNote6GoodwillDetailsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DisclosureNote6GoodwillDetailsAbstract_lbl" xml:lang="en-US">Note 6 - Goodwill Details</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Goodwill" xlink:to="us-gaap_Goodwill_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_Goodwill_2_lbl" xml:lang="en-US">Balance as of December 31, 2011</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GoodwillImpairmentLoss" xlink:to="us-gaap_GoodwillImpairmentLoss_4_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_GoodwillImpairmentLoss_4_lbl" xml:lang="en-US">Impairment charge</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Goodwill" xlink:to="us-gaap_Goodwill_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_Goodwill_3_lbl" xml:lang="en-US">Balance as of December 31, 2012</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_Note6GoodwillDetailsNarrativeAbstract" xlink:label="apwc_Note6GoodwillDetailsNarrativeAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_Note6GoodwillDetailsNarrativeAbstract" xlink:to="apwc_Note6GoodwillDetailsNarrativeAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_Note6GoodwillDetailsNarrativeAbstract_lbl" xml:lang="en-US">Note 6 - Goodwill Details Narrative</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Goodwill" xlink:to="us-gaap_Goodwill_4_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_Goodwill_4_lbl" xml:lang="en-US">Goodwill</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DeclineInStockPrice" xlink:label="apwc_DeclineInStockPrice" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DeclineInStockPrice" xlink:to="apwc_DeclineInStockPrice_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DeclineInStockPrice_lbl" xml:lang="en-US">Decline in stock price</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DisclosureNote7InvestmentsDetailsAbstract" xlink:label="apwc_DisclosureNote7InvestmentsDetailsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DisclosureNote7InvestmentsDetailsAbstract" xlink:to="apwc_DisclosureNote7InvestmentsDetailsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DisclosureNote7InvestmentsDetailsAbstract_lbl" xml:lang="en-US">Note 7 - Investments Details</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AvailableForSaleSecuritiesEquitySecurities" xlink:label="us-gaap_AvailableForSaleSecuritiesEquitySecurities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableForSaleSecuritiesEquitySecurities" xlink:to="us-gaap_AvailableForSaleSecuritiesEquitySecurities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AvailableForSaleSecuritiesEquitySecurities_lbl" xml:lang="en-US">Available-for-sale equity securities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesFairValue" xlink:label="us-gaap_HeldToMaturitySecuritiesDebtMaturitiesFairValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_HeldToMaturitySecuritiesDebtMaturitiesFairValue" xlink:to="us-gaap_HeldToMaturitySecuritiesDebtMaturitiesFairValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_HeldToMaturitySecuritiesDebtMaturitiesFairValue_lbl" xml:lang="en-US">Held-to-maturity debt securities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShortTermInvestments" xlink:label="us-gaap_ShortTermInvestments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortTermInvestments" xlink:to="us-gaap_ShortTermInvestments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortTermInvestments_lbl" xml:lang="en-US">Short-term investments</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_HeldtomaturityDebtSecurities" xlink:label="apwc_HeldtomaturityDebtSecurities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_HeldtomaturityDebtSecurities" xlink:to="apwc_HeldtomaturityDebtSecurities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="apwc_HeldtomaturityDebtSecurities_lbl" xml:lang="en-US">Held-to-maturity debt securities</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_EquitySecuritiesInPrivatelyheldCompaniesCostMethod" xlink:label="apwc_EquitySecuritiesInPrivatelyheldCompaniesCostMethod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_EquitySecuritiesInPrivatelyheldCompaniesCostMethod" xlink:to="apwc_EquitySecuritiesInPrivatelyheldCompaniesCostMethod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_EquitySecuritiesInPrivatelyheldCompaniesCostMethod_lbl" xml:lang="en-US">Equity securities in privately-held companies (cost method)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermInvestments" xlink:to="us-gaap_LongTermInvestments_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_LongTermInvestments_2_lbl" xml:lang="en-US">Long-term investments</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_Investments" xlink:label="us-gaap_Investments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Investments" xlink:to="us-gaap_Investments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Investments_lbl" xml:lang="en-US">Total investments</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_NatureOfInvestments" xlink:label="apwc_NatureOfInvestments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_NatureOfInvestments" xlink:to="apwc_NatureOfInvestments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_NatureOfInvestments_lbl" xml:lang="en-US">Nature</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ContractedMaturityOfInvestments" xlink:label="apwc_ContractedMaturityOfInvestments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ContractedMaturityOfInvestments" xlink:to="apwc_ContractedMaturityOfInvestments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ContractedMaturityOfInvestments_lbl" xml:lang="en-US">Contracted maturity</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_InterestRate" xlink:label="apwc_InterestRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_InterestRate" xlink:to="apwc_InterestRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_InterestRate_lbl" xml:lang="en-US">Interest rate</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="us-gaap_HeldToMaturitySecurities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_HeldToMaturitySecurities" xlink:to="us-gaap_HeldToMaturitySecurities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_HeldToMaturitySecurities_lbl" xml:lang="en-US">Total Held-to-maturity</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DisclosureNote7InvestmentsDetailsNarrativeAbstract" xlink:label="apwc_DisclosureNote7InvestmentsDetailsNarrativeAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DisclosureNote7InvestmentsDetailsNarrativeAbstract" xlink:to="apwc_DisclosureNote7InvestmentsDetailsNarrativeAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DisclosureNote7InvestmentsDetailsNarrativeAbstract_lbl" xml:lang="en-US">Note 7 - Investments Details Narrative</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InvestmentIncomeInterest" xlink:label="us-gaap_InvestmentIncomeInterest" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentIncomeInterest" xlink:to="us-gaap_InvestmentIncomeInterest_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentIncomeInterest_lbl" xml:lang="en-US">Gain of interest income</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_InvestmentInSubordinatedDebentures" xlink:label="apwc_InvestmentInSubordinatedDebentures" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_InvestmentInSubordinatedDebentures" xlink:to="apwc_InvestmentInSubordinatedDebentures_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_InvestmentInSubordinatedDebentures_lbl" xml:lang="en-US">Investment in subordinated debentures</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DebenturesFixedRate" xlink:label="apwc_DebenturesFixedRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DebenturesFixedRate" xlink:to="apwc_DebenturesFixedRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DebenturesFixedRate_lbl" xml:lang="en-US">Debentures fixed rate</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DebenturesMaturityDate" xlink:label="apwc_DebenturesMaturityDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DebenturesMaturityDate" xlink:to="apwc_DebenturesMaturityDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DebenturesMaturityDate_lbl" xml:lang="en-US">Debentures maturity date</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InvestmentIncomeDividend" xlink:label="us-gaap_InvestmentIncomeDividend" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentIncomeDividend" xlink:to="us-gaap_InvestmentIncomeDividend_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentIncomeDividend_lbl" xml:lang="en-US">Dividend income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_UnrealizedGainLossOnInvestments" xlink:label="us-gaap_UnrealizedGainLossOnInvestments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrealizedGainLossOnInvestments" xlink:to="us-gaap_UnrealizedGainLossOnInvestments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_UnrealizedGainLossOnInvestments_lbl" xml:lang="en-US">Unrealized loss on investments</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DisclosureNote8BankLoansAndOverdraftsDetailsAbstract" xlink:label="apwc_DisclosureNote8BankLoansAndOverdraftsDetailsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DisclosureNote8BankLoansAndOverdraftsDetailsAbstract" xlink:to="apwc_DisclosureNote8BankLoansAndOverdraftsDetailsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DisclosureNote8BankLoansAndOverdraftsDetailsAbstract_lbl" xml:lang="en-US">Note 8 - Bank Loans And Overdrafts Details</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_BankLoansAndOverdrafts" xlink:label="apwc_BankLoansAndOverdrafts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_BankLoansAndOverdrafts" xlink:to="apwc_BankLoansAndOverdrafts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="apwc_BankLoansAndOverdrafts_lbl" xml:lang="en-US">Bank loans and overdrafts</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_TrustReceipts" xlink:label="apwc_TrustReceipts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_TrustReceipts" xlink:to="apwc_TrustReceipts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_TrustReceipts_lbl" xml:lang="en-US">Trust receipts</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BankOverdrafts" xlink:label="us-gaap_BankOverdrafts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BankOverdrafts" xlink:to="us-gaap_BankOverdrafts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BankOverdrafts_lbl" xml:lang="en-US">Total bank loans and overdrafts</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:to="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_lbl" xml:lang="en-US">Line of credit facility maximum borrowing capacity</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LineOfCreditFacilityAmountOutstanding" xlink:label="us-gaap_LineOfCreditFacilityAmountOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityAmountOutstanding" xlink:to="us-gaap_LineOfCreditFacilityAmountOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LineOfCreditFacilityAmountOutstanding_lbl" xml:lang="en-US">Line of credit</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages" xlink:label="us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages" xlink:to="us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MortgageLoansOnRealEstateCarryingAmountOfMortgages_lbl" xml:lang="en-US">Mortgage of land, buildings, machinery and equipment total carrying amount</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_PledgeOfShorttermDepositsAndAccountsReceivables" xlink:label="apwc_PledgeOfShorttermDepositsAndAccountsReceivables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PledgeOfShorttermDepositsAndAccountsReceivables" xlink:to="apwc_PledgeOfShorttermDepositsAndAccountsReceivables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_PledgeOfShorttermDepositsAndAccountsReceivables_lbl" xml:lang="en-US">Pledge of short-term deposits and accounts receivables</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_TradingFacilitySecuredByAssets" xlink:label="apwc_TradingFacilitySecuredByAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_TradingFacilitySecuredByAssets" xlink:to="apwc_TradingFacilitySecuredByAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_TradingFacilitySecuredByAssets_lbl" xml:lang="en-US">Trading facility secured by assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtWeightedAverageInterestRate" xlink:label="us-gaap_DebtWeightedAverageInterestRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtWeightedAverageInterestRate" xlink:to="us-gaap_DebtWeightedAverageInterestRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtWeightedAverageInterestRate_lbl" xml:lang="en-US">Weighted average interest rates on bank loans</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_CashLoan" xlink:label="apwc_CashLoan" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CashLoan" xlink:to="apwc_CashLoan_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_CashLoan_lbl" xml:lang="en-US">Cash loan</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LineOfCreditFacilityCapacityAvailableForTradePurchases" xlink:label="us-gaap_LineOfCreditFacilityCapacityAvailableForTradePurchases" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityCapacityAvailableForTradePurchases" xlink:to="us-gaap_LineOfCreditFacilityCapacityAvailableForTradePurchases_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LineOfCreditFacilityCapacityAvailableForTradePurchases_lbl" xml:lang="en-US">Trade facility</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LineOfCreditFacilityInterestRateDescription" xlink:label="us-gaap_LineOfCreditFacilityInterestRateDescription" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityInterestRateDescription" xlink:to="us-gaap_LineOfCreditFacilityInterestRateDescription_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LineOfCreditFacilityInterestRateDescription_lbl" xml:lang="en-US">Cash loan interest rate description</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DisclosureNote9EarningsLossPerShareDetailsAbstract" xlink:label="apwc_DisclosureNote9EarningsLossPerShareDetailsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DisclosureNote9EarningsLossPerShareDetailsAbstract" xlink:to="apwc_DisclosureNote9EarningsLossPerShareDetailsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DisclosureNote9EarningsLossPerShareDetailsAbstract_lbl" xml:lang="en-US">Note 9 - Earnings Loss Per Share Details</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeAmountsAttributableToReportingEntityDisclosuresAbstract" xlink:label="us-gaap_IncomeAmountsAttributableToReportingEntityDisclosuresAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeAmountsAttributableToReportingEntityDisclosuresAbstract" xlink:to="us-gaap_IncomeAmountsAttributableToReportingEntityDisclosuresAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeAmountsAttributableToReportingEntityDisclosuresAbstract_lbl" xml:lang="en-US">Numerator:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity" xlink:label="us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity" xlink:to="us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity_lbl" xml:lang="en-US">Income (loss) attributable to APWC from continuing operations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest" xlink:label="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest" xlink:to="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest_lbl" xml:lang="en-US">Income (loss) attributable to APWC from discontinued operations</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_NetIncomeLossAttributableToNonControllingInterest1" xlink:label="apwc_NetIncomeLossAttributableToNonControllingInterest1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_NetIncomeLossAttributableToNonControllingInterest1" xlink:to="apwc_NetIncomeLossAttributableToNonControllingInterest1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_NetIncomeLossAttributableToNonControllingInterest1_lbl" xml:lang="en-US">Net income (loss) attributable to APWC</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EarningsPerShareBasicAndDilutedOtherDisclosuresAbstract" xlink:label="us-gaap_EarningsPerShareBasicAndDilutedOtherDisclosuresAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareBasicAndDilutedOtherDisclosuresAbstract" xlink:to="us-gaap_EarningsPerShareBasicAndDilutedOtherDisclosuresAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareBasicAndDilutedOtherDisclosuresAbstract_lbl" xml:lang="en-US">Denominator (in number of shares):</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted" xlink:label="us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted" xlink:to="us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted_lbl" xml:lang="en-US">Weighted-average common shares outstanding - basic and diluted</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EarningsPerShareBasicAndDilutedAbstract" xlink:label="us-gaap_EarningsPerShareBasicAndDilutedAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareBasicAndDilutedAbstract" xlink:to="us-gaap_EarningsPerShareBasicAndDilutedAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareBasicAndDilutedAbstract_lbl" xml:lang="en-US">Earnings (loss) per share - basic and diluted</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare" xlink:to="us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare_2_lbl" xml:lang="en-US">Continuing operations</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare" xlink:to="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare_2_lbl" xml:lang="en-US">Discontinued operations</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareBasicAndDiluted" xlink:to="us-gaap_EarningsPerShareBasicAndDiluted_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_EarningsPerShareBasicAndDiluted_2_lbl" xml:lang="en-US">Total earnings (loss) per share - basic and diluted</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_StockRepurchasedDuringPeriodShares1" xlink:label="apwc_StockRepurchasedDuringPeriodShares1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_StockRepurchasedDuringPeriodShares1" xlink:to="apwc_StockRepurchasedDuringPeriodShares1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_StockRepurchasedDuringPeriodShares1_lbl" xml:lang="en-US">Shares repurchased</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest1" xlink:label="apwc_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest1" xlink:to="apwc_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest1_lbl" xml:lang="en-US">Income loss from continuing operations attributable to non controlling interests</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ValuationAllowancesAndReservesBalance" xlink:label="us-gaap_ValuationAllowancesAndReservesBalance" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ValuationAllowancesAndReservesBalance" xlink:to="us-gaap_ValuationAllowancesAndReservesBalance_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_ValuationAllowancesAndReservesBalance_lbl" xml:lang="en-US">Balance at beginning of year</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ValuationAllowancesAndReservesNetChargeCreditToIncome" xlink:label="apwc_ValuationAllowancesAndReservesNetChargeCreditToIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ValuationAllowancesAndReservesNetChargeCreditToIncome" xlink:to="apwc_ValuationAllowancesAndReservesNetChargeCreditToIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ValuationAllowancesAndReservesNetChargeCreditToIncome_lbl" xml:lang="en-US">Net charge (credit) to income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ValuationAllowancesAndReservesDeductions" xlink:label="us-gaap_ValuationAllowancesAndReservesDeductions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ValuationAllowancesAndReservesDeductions" xlink:to="us-gaap_ValuationAllowancesAndReservesDeductions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ValuationAllowancesAndReservesDeductions_lbl" xml:lang="en-US">Deduction</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ValuationAllowancesAndReservesCurrencyTranslationAdjustment" xlink:label="apwc_ValuationAllowancesAndReservesCurrencyTranslationAdjustment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ValuationAllowancesAndReservesCurrencyTranslationAdjustment" xlink:to="apwc_ValuationAllowancesAndReservesCurrencyTranslationAdjustment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="apwc_ValuationAllowancesAndReservesCurrencyTranslationAdjustment_lbl" xml:lang="en-US">Currency translation adjustment</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ValuationAllowancesAndReservesBalance" xlink:to="us-gaap_ValuationAllowancesAndReservesBalance_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_ValuationAllowancesAndReservesBalance_2_lbl" xml:lang="en-US">Balance at end of year</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_Note10ValuationAndQualifyingAccountsDetailsNarrativeAbstract" xlink:label="apwc_Note10ValuationAndQualifyingAccountsDetailsNarrativeAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_Note10ValuationAndQualifyingAccountsDetailsNarrativeAbstract" xlink:to="apwc_Note10ValuationAndQualifyingAccountsDetailsNarrativeAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_Note10ValuationAndQualifyingAccountsDetailsNarrativeAbstract_lbl" xml:lang="en-US">Note 10 - Valuation And Qualifying Accounts Details Narrative</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InventoryWriteDown" xlink:label="us-gaap_InventoryWriteDown" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InventoryWriteDown" xlink:to="us-gaap_InventoryWriteDown_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InventoryWriteDown_lbl" xml:lang="en-US">Inventory write-down</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_CopperPrice" xlink:label="apwc_CopperPrice" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CopperPrice" xlink:to="apwc_CopperPrice_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_CopperPrice_lbl" xml:lang="en-US">Copper price</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ImpairmentChargeOnReclassifiedAssets" xlink:label="us-gaap_ImpairmentChargeOnReclassifiedAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ImpairmentChargeOnReclassifiedAssets" xlink:to="us-gaap_ImpairmentChargeOnReclassifiedAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ImpairmentChargeOnReclassifiedAssets_lbl" xml:lang="en-US">Impairment charge</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign" xlink:to="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign_lbl" xml:lang="en-US">Pre-tax income (loss) from continuing operations</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_PretaxIncomeLossFromContinuingOperationsNonEquityInvestees" xlink:label="apwc_PretaxIncomeLossFromContinuingOperationsNonEquityInvestees" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PretaxIncomeLossFromContinuingOperationsNonEquityInvestees" xlink:to="apwc_PretaxIncomeLossFromContinuingOperationsNonEquityInvestees_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_PretaxIncomeLossFromContinuingOperationsNonEquityInvestees_lbl" xml:lang="en-US">Pre-tax income (loss) from continuing operations non equity investees</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:to="us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_lbl" xml:lang="en-US">Current:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CurrentIncomeTaxExpenseBenefit" xlink:label="us-gaap_CurrentIncomeTaxExpenseBenefit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CurrentIncomeTaxExpenseBenefit" xlink:to="us-gaap_CurrentIncomeTaxExpenseBenefit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CurrentIncomeTaxExpenseBenefit_lbl" xml:lang="en-US">Total current</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:to="us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_lbl" xml:lang="en-US">Deferred:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredOtherTaxExpenseBenefit" xlink:label="us-gaap_DeferredOtherTaxExpenseBenefit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredOtherTaxExpenseBenefit" xlink:to="us-gaap_DeferredOtherTaxExpenseBenefit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredOtherTaxExpenseBenefit_lbl" xml:lang="en-US">Total deferred</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_BenefitsOfOperatingLossCarriedForwards" xlink:label="apwc_BenefitsOfOperatingLossCarriedForwards" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_BenefitsOfOperatingLossCarriedForwards" xlink:to="apwc_BenefitsOfOperatingLossCarriedForwards_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_BenefitsOfOperatingLossCarriedForwards_lbl" xml:lang="en-US">The benefits of operating loss carried forwards</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_IncomeTaxExpenseBenefit1" xlink:label="apwc_IncomeTaxExpenseBenefit1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_IncomeTaxExpenseBenefit1" xlink:to="apwc_IncomeTaxExpenseBenefit1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_IncomeTaxExpenseBenefit1_lbl" xml:lang="en-US">Provision (benefit) for income taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_OtherComprehensiveIncomeLossTax1" xlink:label="apwc_OtherComprehensiveIncomeLossTax1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_OtherComprehensiveIncomeLossTax1" xlink:to="apwc_OtherComprehensiveIncomeLossTax1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_OtherComprehensiveIncomeLossTax1_lbl" xml:lang="en-US">Allocated to other comprehensive income (loss)</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DisclosureNote11IncomeTaxesDetails2Abstract" xlink:label="apwc_DisclosureNote11IncomeTaxesDetails2Abstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DisclosureNote11IncomeTaxesDetails2Abstract" xlink:to="apwc_DisclosureNote11IncomeTaxesDetails2Abstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DisclosureNote11IncomeTaxesDetails2Abstract_lbl" xml:lang="en-US">Note 11 - Income Taxes Details 2</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate" xlink:label="us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate" xlink:to="us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_lbl" xml:lang="en-US">Tax provision at statutory rate</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeTaxReconciliationForeignIncomeTaxRateDifferential" xlink:label="us-gaap_IncomeTaxReconciliationForeignIncomeTaxRateDifferential" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxReconciliationForeignIncomeTaxRateDifferential" xlink:to="us-gaap_IncomeTaxReconciliationForeignIncomeTaxRateDifferential_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxReconciliationForeignIncomeTaxRateDifferential_lbl" xml:lang="en-US">Foreign income taxed at different rate</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ExpensesNotDeductibleForTaxPurposeimpairmentOfGoodwillNotDeductibleForTax" xlink:label="apwc_ExpensesNotDeductibleForTaxPurposeimpairmentOfGoodwillNotDeductibleForTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ExpensesNotDeductibleForTaxPurposeimpairmentOfGoodwillNotDeductibleForTax" xlink:to="apwc_ExpensesNotDeductibleForTaxPurposeimpairmentOfGoodwillNotDeductibleForTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ExpensesNotDeductibleForTaxPurposeimpairmentOfGoodwillNotDeductibleForTax_lbl" xml:lang="en-US">Expenses not deductible for tax purpose Impairment of goodwill not deductible for tax</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_WrittenoffDeferredTaxAssetsArisingFromliquidationOfSubsidiary" xlink:label="apwc_WrittenoffDeferredTaxAssetsArisingFromliquidationOfSubsidiary" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_WrittenoffDeferredTaxAssetsArisingFromliquidationOfSubsidiary" xlink:to="apwc_WrittenoffDeferredTaxAssetsArisingFromliquidationOfSubsidiary_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_WrittenoffDeferredTaxAssetsArisingFromliquidationOfSubsidiary_lbl" xml:lang="en-US">Written-off deferred tax assets arising from liquidation of a subsidiary</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ReversalOfValuationAllowanceArisingFromliquidationOfSubsidiary" xlink:label="apwc_ReversalOfValuationAllowanceArisingFromliquidationOfSubsidiary" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ReversalOfValuationAllowanceArisingFromliquidationOfSubsidiary" xlink:to="apwc_ReversalOfValuationAllowanceArisingFromliquidationOfSubsidiary_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ReversalOfValuationAllowanceArisingFromliquidationOfSubsidiary_lbl" xml:lang="en-US">Reversal of valuation allowance arising from liquidation of a subsidiary</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_UtilizationOfPriorYearTaxLosses" xlink:label="apwc_UtilizationOfPriorYearTaxLosses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_UtilizationOfPriorYearTaxLosses" xlink:to="apwc_UtilizationOfPriorYearTaxLosses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_UtilizationOfPriorYearTaxLosses_lbl" xml:lang="en-US">Utilization of prior year tax losses</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount" xlink:label="us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount" xlink:to="us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount_lbl" xml:lang="en-US">Changes in valuation allowance</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_WrittenOffDeferredTax" xlink:label="apwc_WrittenOffDeferredTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_WrittenOffDeferredTax" xlink:to="apwc_WrittenOffDeferredTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_WrittenOffDeferredTax_lbl" xml:lang="en-US">Written-off deferred tax</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeTaxReconciliationTaxExemptIncome" xlink:label="us-gaap_IncomeTaxReconciliationTaxExemptIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxReconciliationTaxExemptIncome" xlink:to="us-gaap_IncomeTaxReconciliationTaxExemptIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxReconciliationTaxExemptIncome_lbl" xml:lang="en-US">Tax exempt on income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeTaxReconciliationTaxHolidays" xlink:label="us-gaap_IncomeTaxReconciliationTaxHolidays" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxReconciliationTaxHolidays" xlink:to="us-gaap_IncomeTaxReconciliationTaxHolidays_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxReconciliationTaxHolidays_lbl" xml:lang="en-US">Difference due to effect of tax holidays</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_UnrecognizedTaxBenefits1" xlink:label="apwc_UnrecognizedTaxBenefits1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_UnrecognizedTaxBenefits1" xlink:to="apwc_UnrecognizedTaxBenefits1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="apwc_UnrecognizedTaxBenefits1_lbl" xml:lang="en-US">Unrecognized tax benefits</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DeferredTaxLiabilityArisingFromundistributedEarnings" xlink:label="apwc_DeferredTaxLiabilityArisingFromundistributedEarnings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DeferredTaxLiabilityArisingFromundistributedEarnings" xlink:to="apwc_DeferredTaxLiabilityArisingFromundistributedEarnings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DeferredTaxLiabilityArisingFromundistributedEarnings_lbl" xml:lang="en-US">Deferred tax liability arising from undistributed earnings</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_EffectOfTemporaryTaxRateChangesOnDeferredTaxAssets" xlink:label="apwc_EffectOfTemporaryTaxRateChangesOnDeferredTaxAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_EffectOfTemporaryTaxRateChangesOnDeferredTaxAssets" xlink:to="apwc_EffectOfTemporaryTaxRateChangesOnDeferredTaxAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_EffectOfTemporaryTaxRateChangesOnDeferredTaxAssets_lbl" xml:lang="en-US">Effect of temporary tax rate changes on deferred tax assets</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ReturnToProvisionAdjustment" xlink:label="apwc_ReturnToProvisionAdjustment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ReturnToProvisionAdjustment" xlink:to="apwc_ReturnToProvisionAdjustment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ReturnToProvisionAdjustment_lbl" xml:lang="en-US">Return to provision adjustment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeTaxReconciliationOtherAdjustments" xlink:label="us-gaap_IncomeTaxReconciliationOtherAdjustments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxReconciliationOtherAdjustments" xlink:to="us-gaap_IncomeTaxReconciliationOtherAdjustments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_IncomeTaxReconciliationOtherAdjustments_lbl" xml:lang="en-US">Others</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_TaxIncomeForYear" xlink:label="apwc_TaxIncomeForYear" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_TaxIncomeForYear" xlink:to="apwc_TaxIncomeForYear_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_TaxIncomeForYear_lbl" xml:lang="en-US">Total tax income for the year</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DisclosureNote11IncomeTaxesDetails3Abstract" xlink:label="apwc_DisclosureNote11IncomeTaxesDetails3Abstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DisclosureNote11IncomeTaxesDetails3Abstract" xlink:to="apwc_DisclosureNote11IncomeTaxesDetails3Abstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DisclosureNote11IncomeTaxesDetails3Abstract_lbl" xml:lang="en-US">Note 11 - Income Taxes Details 3</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredTaxLiabilitiesAbstract" xlink:label="us-gaap_DeferredTaxLiabilitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxLiabilitiesAbstract" xlink:to="us-gaap_DeferredTaxLiabilitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxLiabilitiesAbstract_lbl" xml:lang="en-US">Deferred tax liabilities:</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_OutsideBasisDifferences" xlink:label="apwc_OutsideBasisDifferences" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_OutsideBasisDifferences" xlink:to="apwc_OutsideBasisDifferences_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_OutsideBasisDifferences_lbl" xml:lang="en-US">Outside basis differences</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredTaxLiabilities" xlink:label="us-gaap_DeferredTaxLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxLiabilities" xlink:to="us-gaap_DeferredTaxLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxLiabilities_lbl" xml:lang="en-US">Total deferred tax liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="us-gaap_DeferredTaxAssetsGrossAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsGrossAbstract" xlink:to="us-gaap_DeferredTaxAssetsGrossAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxAssetsGrossAbstract_lbl" xml:lang="en-US">Deferred tax assets:</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_UnusedTaxLosses" xlink:label="apwc_UnusedTaxLosses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_UnusedTaxLosses" xlink:to="apwc_UnusedTaxLosses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_UnusedTaxLosses_lbl" xml:lang="en-US">Unused tax losses</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AllowanceForDoubtfulAccountsReceivable" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AllowanceForDoubtfulAccountsReceivable" xlink:to="us-gaap_AllowanceForDoubtfulAccountsReceivable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivable_lbl" xml:lang="en-US">Allowance for doubtful accounts</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_InventoryImpairment1" xlink:label="apwc_InventoryImpairment1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_InventoryImpairment1" xlink:to="apwc_InventoryImpairment1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="apwc_InventoryImpairment1_lbl" xml:lang="en-US">Inventory impairment</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_AllowanceForImpairmentInInvestment" xlink:label="apwc_AllowanceForImpairmentInInvestment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_AllowanceForImpairmentInInvestment" xlink:to="apwc_AllowanceForImpairmentInInvestment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_AllowanceForImpairmentInInvestment_lbl" xml:lang="en-US">Allowance for impairment in investment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherAccruedLiabilitiesCurrent" xlink:label="us-gaap_OtherAccruedLiabilitiesCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherAccruedLiabilitiesCurrent" xlink:to="us-gaap_OtherAccruedLiabilitiesCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherAccruedLiabilitiesCurrent_lbl" xml:lang="en-US">Rebates and other accrued liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_UnpaidRetirementBenefits" xlink:label="apwc_UnpaidRetirementBenefits" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_UnpaidRetirementBenefits" xlink:to="apwc_UnpaidRetirementBenefits_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_UnpaidRetirementBenefits_lbl" xml:lang="en-US">Unpaid retirement benefits</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ChargesRelatedToFlooding1" xlink:label="apwc_ChargesRelatedToFlooding1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ChargesRelatedToFlooding1" xlink:to="apwc_ChargesRelatedToFlooding1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ChargesRelatedToFlooding1_lbl" xml:lang="en-US">Charges related to flooding</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredRevenue" xlink:label="us-gaap_DeferredRevenue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredRevenue" xlink:to="us-gaap_DeferredRevenue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredRevenue_lbl" xml:lang="en-US">Deferred revenue and cost of sales</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ActuarialDefferedGainLoss" xlink:label="apwc_ActuarialDefferedGainLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ActuarialDefferedGainLoss" xlink:to="apwc_ActuarialDefferedGainLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ActuarialDefferedGainLoss_lbl" xml:lang="en-US">Actuarial gain (loss)</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_UnabsorbedDepreciation" xlink:label="apwc_UnabsorbedDepreciation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_UnabsorbedDepreciation" xlink:to="apwc_UnabsorbedDepreciation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_UnabsorbedDepreciation_lbl" xml:lang="en-US">Unabsorbed depreciation</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="us-gaap_DeferredTaxAssetsGross" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsGross" xlink:to="us-gaap_DeferredTaxAssetsGross_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxAssetsGross_lbl" xml:lang="en-US">Total deferred tax assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:label="us-gaap_DeferredTaxAssetsValuationAllowance" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsValuationAllowance" xlink:to="us-gaap_DeferredTaxAssetsValuationAllowance_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxAssetsValuationAllowance_lbl" xml:lang="en-US">Valuation allowance for deferred tax assets (note 10)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="us-gaap_DeferredTaxAssetsNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsNet" xlink:to="us-gaap_DeferredTaxAssetsNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DeferredTaxAssetsNet_lbl" xml:lang="en-US">Total deferred tax assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredTaxAssetsLiabilitiesNet" xlink:label="us-gaap_DeferredTaxAssetsLiabilitiesNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsLiabilitiesNet" xlink:to="us-gaap_DeferredTaxAssetsLiabilitiesNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxAssetsLiabilitiesNet_lbl" xml:lang="en-US">Net deferred tax assets</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_Note11IncomeTaxesDetails4Abstract" xlink:label="apwc_Note11IncomeTaxesDetails4Abstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_Note11IncomeTaxesDetails4Abstract" xlink:to="apwc_Note11IncomeTaxesDetails4Abstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_Note11IncomeTaxesDetails4Abstract_lbl" xml:lang="en-US">Note 11 - Income Taxes Details 4</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredTaxLiabilitiesGrossCurrent" xlink:label="us-gaap_DeferredTaxLiabilitiesGrossCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxLiabilitiesGrossCurrent" xlink:to="us-gaap_DeferredTaxLiabilitiesGrossCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxLiabilitiesGrossCurrent_lbl" xml:lang="en-US">Gross current deferred tax liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredTaxAssetsLiabilitiesNetCurrent" xlink:label="us-gaap_DeferredTaxAssetsLiabilitiesNetCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsLiabilitiesNetCurrent" xlink:to="us-gaap_DeferredTaxAssetsLiabilitiesNetCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxAssetsLiabilitiesNetCurrent_lbl" xml:lang="en-US">Gross current deferred tax assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredTaxAssetsValuationAllowanceCurrent" xlink:label="us-gaap_DeferredTaxAssetsValuationAllowanceCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsValuationAllowanceCurrent" xlink:to="us-gaap_DeferredTaxAssetsValuationAllowanceCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxAssetsValuationAllowanceCurrent_lbl" xml:lang="en-US">Valuation allowance for deferred tax assets</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DefferedTaxAssetsLiabilitiesCurrent" xlink:label="apwc_DefferedTaxAssetsLiabilitiesCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DefferedTaxAssetsLiabilitiesCurrent" xlink:to="apwc_DefferedTaxAssetsLiabilitiesCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DefferedTaxAssetsLiabilitiesCurrent_lbl" xml:lang="en-US">Deffered tax assets liabilities Current</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsNetCurrent" xlink:to="us-gaap_DeferredTaxAssetsNetCurrent_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DeferredTaxAssetsNetCurrent_2_lbl" xml:lang="en-US">Net current deferred tax assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredTaxLiabilitiesGrossNoncurrent" xlink:label="us-gaap_DeferredTaxLiabilitiesGrossNoncurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxLiabilitiesGrossNoncurrent" xlink:to="us-gaap_DeferredTaxLiabilitiesGrossNoncurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxLiabilitiesGrossNoncurrent_lbl" xml:lang="en-US">Gross non-current deferred tax liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredTaxAssetsLiabilitiesNetNoncurrent" xlink:label="us-gaap_DeferredTaxAssetsLiabilitiesNetNoncurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsLiabilitiesNetNoncurrent" xlink:to="us-gaap_DeferredTaxAssetsLiabilitiesNetNoncurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxAssetsLiabilitiesNetNoncurrent_lbl" xml:lang="en-US">Gross non-current deferred tax assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredTaxAssetsValuationAllowanceNoncurrent" xlink:label="us-gaap_DeferredTaxAssetsValuationAllowanceNoncurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsValuationAllowanceNoncurrent" xlink:to="us-gaap_DeferredTaxAssetsValuationAllowanceNoncurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DeferredTaxAssetsValuationAllowanceNoncurrent_lbl" xml:lang="en-US">Valuation allowance for deferred tax assets</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DefferedTaxAssetsLiabilitiesNonCurrent" xlink:label="apwc_DefferedTaxAssetsLiabilitiesNonCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DefferedTaxAssetsLiabilitiesNonCurrent" xlink:to="apwc_DefferedTaxAssetsLiabilitiesNonCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DefferedTaxAssetsLiabilitiesNonCurrent_lbl" xml:lang="en-US">Deffered tax assets liabilities Non Current</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_NetNoncurrentDeferredTaxAssets" xlink:label="apwc_NetNoncurrentDeferredTaxAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_NetNoncurrentDeferredTaxAssets" xlink:to="apwc_NetNoncurrentDeferredTaxAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_NetNoncurrentDeferredTaxAssets_lbl" xml:lang="en-US">Net non-current deferred tax assets</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_NetDeferredTaxAssets" xlink:label="apwc_NetDeferredTaxAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_NetDeferredTaxAssets" xlink:to="apwc_NetDeferredTaxAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="apwc_NetDeferredTaxAssets_lbl" xml:lang="en-US">Net deferred tax assets</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DisclosureNote11IncomeTaxesDetails5Abstract" xlink:label="apwc_DisclosureNote11IncomeTaxesDetails5Abstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DisclosureNote11IncomeTaxesDetails5Abstract" xlink:to="apwc_DisclosureNote11IncomeTaxesDetails5Abstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DisclosureNote11IncomeTaxesDetails5Abstract_lbl" xml:lang="en-US">Note 11 - Income Taxes Details 5</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredTaxAssetsNetCurrentClassificationAbstract" xlink:label="us-gaap_DeferredTaxAssetsNetCurrentClassificationAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsNetCurrentClassificationAbstract" xlink:to="us-gaap_DeferredTaxAssetsNetCurrentClassificationAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxAssetsNetCurrentClassificationAbstract_lbl" xml:lang="en-US">Current</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredTaxAssetsGrossCurrent" xlink:label="us-gaap_DeferredTaxAssetsGrossCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsGrossCurrent" xlink:to="us-gaap_DeferredTaxAssetsGrossCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxAssetsGrossCurrent_lbl" xml:lang="en-US">Deferred tax assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsNetCurrent" xlink:to="us-gaap_DeferredTaxAssetsNetCurrent_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DeferredTaxAssetsNetCurrent_3_lbl" xml:lang="en-US">Total current</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredTaxAssetsNetNoncurrentClassificationAbstract" xlink:label="us-gaap_DeferredTaxAssetsNetNoncurrentClassificationAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsNetNoncurrentClassificationAbstract" xlink:to="us-gaap_DeferredTaxAssetsNetNoncurrentClassificationAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxAssetsNetNoncurrentClassificationAbstract_lbl" xml:lang="en-US">Non-current</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredTaxAssetsGrossNoncurrent" xlink:label="us-gaap_DeferredTaxAssetsGrossNoncurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsGrossNoncurrent" xlink:to="us-gaap_DeferredTaxAssetsGrossNoncurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DeferredTaxAssetsGrossNoncurrent_lbl" xml:lang="en-US">Deferred tax assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxLiabilitiesNoncurrent" xlink:to="us-gaap_DeferredTaxLiabilitiesNoncurrent_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_DeferredTaxLiabilitiesNoncurrent_2_lbl" xml:lang="en-US">Deferred tax liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DeferredTaxAssetsNetNoncurrent1" xlink:label="apwc_DeferredTaxAssetsNetNoncurrent1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DeferredTaxAssetsNetNoncurrent1" xlink:to="apwc_DeferredTaxAssetsNetNoncurrent1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DeferredTaxAssetsNetNoncurrent1_lbl" xml:lang="en-US">Total non-current</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DisclosureNote11IncomeTaxesDetails6Abstract" xlink:label="apwc_DisclosureNote11IncomeTaxesDetails6Abstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DisclosureNote11IncomeTaxesDetails6Abstract" xlink:to="apwc_DisclosureNote11IncomeTaxesDetails6Abstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DisclosureNote11IncomeTaxesDetails6Abstract_lbl" xml:lang="en-US">Note 11 - Income Taxes Details 6</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_OperatingLossCarryforwardPreviousYear" xlink:label="apwc_OperatingLossCarryforwardPreviousYear" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_OperatingLossCarryforwardPreviousYear" xlink:to="apwc_OperatingLossCarryforwardPreviousYear_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_OperatingLossCarryforwardPreviousYear_lbl" xml:lang="en-US">2011</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_OperatingLossCarryforwardCurrentYear" xlink:label="apwc_OperatingLossCarryforwardCurrentYear" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_OperatingLossCarryforwardCurrentYear" xlink:to="apwc_OperatingLossCarryforwardCurrentYear_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_OperatingLossCarryforwardCurrentYear_lbl" xml:lang="en-US">2012</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_OperatingLossCarryforwardYearOne" xlink:label="apwc_OperatingLossCarryforwardYearOne" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_OperatingLossCarryforwardYearOne" xlink:to="apwc_OperatingLossCarryforwardYearOne_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_OperatingLossCarryforwardYearOne_lbl" xml:lang="en-US">2013</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_OperatingLossCarryforwardYearTwo" xlink:label="apwc_OperatingLossCarryforwardYearTwo" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_OperatingLossCarryforwardYearTwo" xlink:to="apwc_OperatingLossCarryforwardYearTwo_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_OperatingLossCarryforwardYearTwo_lbl" xml:lang="en-US">2014</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_OperatingLossCarryforwardYearThree" xlink:label="apwc_OperatingLossCarryforwardYearThree" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_OperatingLossCarryforwardYearThree" xlink:to="apwc_OperatingLossCarryforwardYearThree_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_OperatingLossCarryforwardYearThree_lbl" xml:lang="en-US">2015</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_OperatingLossCarryforwardYearFour" xlink:label="apwc_OperatingLossCarryforwardYearFour" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_OperatingLossCarryforwardYearFour" xlink:to="apwc_OperatingLossCarryforwardYearFour_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_OperatingLossCarryforwardYearFour_lbl" xml:lang="en-US">2016</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_OperatingLossCarryforwardFifthYear" xlink:label="apwc_OperatingLossCarryforwardFifthYear" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_OperatingLossCarryforwardFifthYear" xlink:to="apwc_OperatingLossCarryforwardFifthYear_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_OperatingLossCarryforwardFifthYear_lbl" xml:lang="en-US">2017</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_OperatingLossCarryforwardThereafter" xlink:label="apwc_OperatingLossCarryforwardThereafter" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_OperatingLossCarryforwardThereafter" xlink:to="apwc_OperatingLossCarryforwardThereafter_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_OperatingLossCarryforwardThereafter_lbl" xml:lang="en-US">No expiration</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OperatingLossCarryforwards" xlink:label="us-gaap_OperatingLossCarryforwards" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLossCarryforwards" xlink:to="us-gaap_OperatingLossCarryforwards_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLossCarryforwards_lbl" xml:lang="en-US">Operating Loss carryforward</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_Note11IncomeTaxesDetails7Abstract" xlink:label="apwc_Note11IncomeTaxesDetails7Abstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_Note11IncomeTaxesDetails7Abstract" xlink:to="apwc_Note11IncomeTaxesDetails7Abstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_Note11IncomeTaxesDetails7Abstract_lbl" xml:lang="en-US">Note 11 - Income Taxes Details 7</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_UnrecognizedTaxBenefits" xlink:label="us-gaap_UnrecognizedTaxBenefits" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrecognizedTaxBenefits" xlink:to="us-gaap_UnrecognizedTaxBenefits_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_UnrecognizedTaxBenefits_lbl" xml:lang="en-US">Change in Uncertain Tax Positions beginning balance</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions" xlink:label="us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions" xlink:to="us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions_lbl" xml:lang="en-US">Additions based on tax positions related to the current year</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions" xlink:label="us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions" xlink:to="us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions_lbl" xml:lang="en-US">Additions for tax positions of prior years</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_UnrecognizedTaxBenefitsSettlements" xlink:label="apwc_UnrecognizedTaxBenefitsSettlements" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_UnrecognizedTaxBenefitsSettlements" xlink:to="apwc_UnrecognizedTaxBenefitsSettlements_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_UnrecognizedTaxBenefitsSettlements_lbl" xml:lang="en-US">Settlements</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations" xlink:label="us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations" xlink:to="us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations_lbl" xml:lang="en-US">Decrease due to lapses in statute of limitions</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrecognizedTaxBenefits" xlink:to="us-gaap_UnrecognizedTaxBenefits_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_UnrecognizedTaxBenefits_2_lbl" xml:lang="en-US">Change in Uncertain Tax Positions ending balance</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_Note11IncomeTaxesDetail8Abstract" xlink:label="apwc_Note11IncomeTaxesDetail8Abstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_Note11IncomeTaxesDetail8Abstract" xlink:to="apwc_Note11IncomeTaxesDetail8Abstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_Note11IncomeTaxesDetail8Abstract_lbl" xml:lang="en-US">Note 11 - Income Taxes Details 8</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued" xlink:label="us-gaap_UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued" xlink:to="us-gaap_UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued_lbl" xml:lang="en-US">Accrued interest on unrecognized tax benefits</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued" xlink:label="us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued" xlink:to="us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued_lbl" xml:lang="en-US">Accrued penalties on unrecognized tax benefits</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued" xlink:label="us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued" xlink:to="us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued_lbl" xml:lang="en-US">Total accrued interest and penalties on Unrecognized tax benefits</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CountryAxis" xlink:to="apwc_CountryAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="apwc_CountryAxis_2_lbl" xml:lang="en-US">CountryAxis [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_CorporateIncomeTaxRate" xlink:label="apwc_CorporateIncomeTaxRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CorporateIncomeTaxRate" xlink:to="apwc_CorporateIncomeTaxRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_CorporateIncomeTaxRate_lbl" xml:lang="en-US">Corporate income tax rate</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_TaxPercentageOnDividendsReceived" xlink:label="apwc_TaxPercentageOnDividendsReceived" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_TaxPercentageOnDividendsReceived" xlink:to="apwc_TaxPercentageOnDividendsReceived_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_TaxPercentageOnDividendsReceived_lbl" xml:lang="en-US">Tax percentage on dividends received</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredTaxAssetsOther" xlink:label="us-gaap_DeferredTaxAssetsOther" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsOther" xlink:to="us-gaap_DeferredTaxAssetsOther_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DeferredTaxAssetsOther_lbl" xml:lang="en-US">Deferred tax assets</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ValuationAllowance" xlink:label="apwc_ValuationAllowance" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ValuationAllowance" xlink:to="apwc_ValuationAllowance_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ValuationAllowance_lbl" xml:lang="en-US">Valuation allowance</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate" xlink:label="us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate" xlink:to="us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate_lbl" xml:lang="en-US">Unrecognized tax benefits affect the effective tax rate</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeTaxExaminationInterestExpense" xlink:label="us-gaap_IncomeTaxExaminationInterestExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxExaminationInterestExpense" xlink:to="us-gaap_IncomeTaxExaminationInterestExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxExaminationInterestExpense_lbl" xml:lang="en-US">Interest</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeTaxExaminationPenaltiesExpense" xlink:label="us-gaap_IncomeTaxExaminationPenaltiesExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxExaminationPenaltiesExpense" xlink:to="us-gaap_IncomeTaxExaminationPenaltiesExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxExaminationPenaltiesExpense_lbl" xml:lang="en-US">Penalties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense" xlink:label="us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense" xlink:to="us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense_lbl" xml:lang="en-US">Interest and penalties</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ValueAddedTaxRates" xlink:label="apwc_ValueAddedTaxRates" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ValueAddedTaxRates" xlink:to="apwc_ValueAddedTaxRates_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ValueAddedTaxRates_lbl" xml:lang="en-US">Value added tax rates</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:to="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_2_lbl" xml:lang="en-US">Balance, begining</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax" xlink:label="us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax" xlink:to="us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_lbl" xml:lang="en-US">Current-period other comprehensive income (loss)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:to="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_3_lbl" xml:lang="en-US">Balance, ending</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_Note13CommitmentsAndContingenciesDetailsAbstract" xlink:label="apwc_Note13CommitmentsAndContingenciesDetailsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_Note13CommitmentsAndContingenciesDetailsAbstract" xlink:to="apwc_Note13CommitmentsAndContingenciesDetailsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_Note13CommitmentsAndContingenciesDetailsAbstract_lbl" xml:lang="en-US">Note 14 - Commitments And Contingencies Details</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CapitalLeasesFutureMinimumPaymentsDueAbstract" xlink:label="us-gaap_CapitalLeasesFutureMinimumPaymentsDueAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CapitalLeasesFutureMinimumPaymentsDueAbstract" xlink:to="us-gaap_CapitalLeasesFutureMinimumPaymentsDueAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CapitalLeasesFutureMinimumPaymentsDueAbstract_lbl" xml:lang="en-US">Capital Lease</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CapitalLeasesFutureMinimumPaymentsDueCurrent" xlink:label="us-gaap_CapitalLeasesFutureMinimumPaymentsDueCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CapitalLeasesFutureMinimumPaymentsDueCurrent" xlink:to="us-gaap_CapitalLeasesFutureMinimumPaymentsDueCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_CapitalLeasesFutureMinimumPaymentsDueCurrent_lbl" xml:lang="en-US">2013</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CapitalLeasesFutureMinimumPaymentsDueInTwoYears" xlink:label="us-gaap_CapitalLeasesFutureMinimumPaymentsDueInTwoYears" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CapitalLeasesFutureMinimumPaymentsDueInTwoYears" xlink:to="us-gaap_CapitalLeasesFutureMinimumPaymentsDueInTwoYears_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_CapitalLeasesFutureMinimumPaymentsDueInTwoYears_lbl" xml:lang="en-US">2014</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CapitalLeasesFutureMinimumPaymentsDueInThreeYears" xlink:label="us-gaap_CapitalLeasesFutureMinimumPaymentsDueInThreeYears" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CapitalLeasesFutureMinimumPaymentsDueInThreeYears" xlink:to="us-gaap_CapitalLeasesFutureMinimumPaymentsDueInThreeYears_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_CapitalLeasesFutureMinimumPaymentsDueInThreeYears_lbl" xml:lang="en-US">2015</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CapitalLeasesFutureMinimumPaymentsDueInFourYears" xlink:label="us-gaap_CapitalLeasesFutureMinimumPaymentsDueInFourYears" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CapitalLeasesFutureMinimumPaymentsDueInFourYears" xlink:to="us-gaap_CapitalLeasesFutureMinimumPaymentsDueInFourYears_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_CapitalLeasesFutureMinimumPaymentsDueInFourYears_lbl" xml:lang="en-US">2016</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CapitalLeasesFutureMinimumPaymentsDueInFiveYears" xlink:label="us-gaap_CapitalLeasesFutureMinimumPaymentsDueInFiveYears" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CapitalLeasesFutureMinimumPaymentsDueInFiveYears" xlink:to="us-gaap_CapitalLeasesFutureMinimumPaymentsDueInFiveYears_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_CapitalLeasesFutureMinimumPaymentsDueInFiveYears_lbl" xml:lang="en-US">2017</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CapitalLeasesFutureMinimumPaymentsDueThereafter" xlink:label="us-gaap_CapitalLeasesFutureMinimumPaymentsDueThereafter" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CapitalLeasesFutureMinimumPaymentsDueThereafter" xlink:to="us-gaap_CapitalLeasesFutureMinimumPaymentsDueThereafter_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CapitalLeasesFutureMinimumPaymentsDueThereafter_lbl" xml:lang="en-US">Thereafter</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CapitalLeasesFutureMinimumPaymentsNetMinimumPayments1" xlink:label="us-gaap_CapitalLeasesFutureMinimumPaymentsNetMinimumPayments1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CapitalLeasesFutureMinimumPaymentsNetMinimumPayments1" xlink:to="us-gaap_CapitalLeasesFutureMinimumPaymentsNetMinimumPayments1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CapitalLeasesFutureMinimumPaymentsNetMinimumPayments1_lbl" xml:lang="en-US">Net minimum lease payments</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments" xlink:label="us-gaap_CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments" xlink:to="us-gaap_CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments_lbl" xml:lang="en-US">Less: amount representing interest</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments" xlink:label="us-gaap_CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments" xlink:to="us-gaap_CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments_lbl" xml:lang="en-US">Present value of net minimum lease payments</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_NoncurrentPortionIncludedInOtherNoncurrentLiabilities" xlink:label="apwc_NoncurrentPortionIncludedInOtherNoncurrentLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_NoncurrentPortionIncludedInOtherNoncurrentLiabilities" xlink:to="apwc_NoncurrentPortionIncludedInOtherNoncurrentLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_NoncurrentPortionIncludedInOtherNoncurrentLiabilities_lbl" xml:lang="en-US">Less: non-current portion included in other non-current liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_CurrentPortionIncludedInOtherCurrentLiabilities" xlink:label="apwc_CurrentPortionIncludedInOtherCurrentLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CurrentPortionIncludedInOtherCurrentLiabilities" xlink:to="apwc_CurrentPortionIncludedInOtherCurrentLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_CurrentPortionIncludedInOtherCurrentLiabilities_lbl" xml:lang="en-US">Current portion included in other current liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueAbstract" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsDueAbstract" xlink:to="us-gaap_OperatingLeasesFutureMinimumPaymentsDueAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueAbstract_lbl" xml:lang="en-US">Operating Lease</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent" xlink:to="us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_lbl" xml:lang="en-US">2013</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears" xlink:to="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_lbl" xml:lang="en-US">2014</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears" xlink:to="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_lbl" xml:lang="en-US">2015</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears" xlink:to="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_lbl" xml:lang="en-US">2016</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears" xlink:to="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_lbl" xml:lang="en-US">2017</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter" xlink:to="us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_lbl" xml:lang="en-US">Thereafter</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDue" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsDue" xlink:to="us-gaap_OperatingLeasesFutureMinimumPaymentsDue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDue_lbl" xml:lang="en-US">Net minimum lease payments</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_Note13CommitmentsAndContingenciesDetails1Abstract" xlink:label="apwc_Note13CommitmentsAndContingenciesDetails1Abstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_Note13CommitmentsAndContingenciesDetails1Abstract" xlink:to="apwc_Note13CommitmentsAndContingenciesDetails1Abstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_Note13CommitmentsAndContingenciesDetails1Abstract_lbl" xml:lang="en-US">Note 14 - Commitments And Contingencies Details 1</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OperatingLeasesRentExpenseNet" xlink:label="us-gaap_OperatingLeasesRentExpenseNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesRentExpenseNet" xlink:to="us-gaap_OperatingLeasesRentExpenseNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeasesRentExpenseNet_lbl" xml:lang="en-US">Rent Expenses under operating leases</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CapitalLeaseObligationsCurrent" xlink:label="us-gaap_CapitalLeaseObligationsCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CapitalLeaseObligationsCurrent" xlink:to="us-gaap_CapitalLeaseObligationsCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CapitalLeaseObligationsCurrent_lbl" xml:lang="en-US">Capital lease liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RealEstateAndAccumulatedDepreciationAccumulatedDepreciation" xlink:label="us-gaap_RealEstateAndAccumulatedDepreciationAccumulatedDepreciation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstateAndAccumulatedDepreciationAccumulatedDepreciation" xlink:to="us-gaap_RealEstateAndAccumulatedDepreciationAccumulatedDepreciation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RealEstateAndAccumulatedDepreciationAccumulatedDepreciation_lbl" xml:lang="en-US">Accumulated depreciation</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_WeightedAverageDiscountRatePercent" xlink:label="us-gaap_WeightedAverageDiscountRatePercent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageDiscountRatePercent" xlink:to="us-gaap_WeightedAverageDiscountRatePercent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_WeightedAverageDiscountRatePercent_lbl" xml:lang="en-US">Average discount interest rate</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_CommitmentsToPurchaseRawMaterials" xlink:label="apwc_CommitmentsToPurchaseRawMaterials" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CommitmentsToPurchaseRawMaterials" xlink:to="apwc_CommitmentsToPurchaseRawMaterials_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_CommitmentsToPurchaseRawMaterials_lbl" xml:lang="en-US">Commitments to purchase raw materials</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_QuantityOfRawMaterial" xlink:label="apwc_QuantityOfRawMaterial" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_QuantityOfRawMaterial" xlink:to="apwc_QuantityOfRawMaterial_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_QuantityOfRawMaterial_lbl" xml:lang="en-US">Quantity of raw material</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_CorporateGuarantee" xlink:label="apwc_CorporateGuarantee" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CorporateGuarantee" xlink:to="apwc_CorporateGuarantee_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_CorporateGuarantee_lbl" xml:lang="en-US">Corporate guarantee</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_CorporateGuaranteeExceedingLimit" xlink:label="apwc_CorporateGuaranteeExceedingLimit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CorporateGuaranteeExceedingLimit" xlink:to="apwc_CorporateGuaranteeExceedingLimit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_CorporateGuaranteeExceedingLimit_lbl" xml:lang="en-US">Corporate guarantee exceeding limit</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_OutstandingBankGuarantees" xlink:label="apwc_OutstandingBankGuarantees" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_OutstandingBankGuarantees" xlink:to="apwc_OutstandingBankGuarantees_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_OutstandingBankGuarantees_lbl" xml:lang="en-US">Outstanding bank guarantees</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_CapitalCommitment" xlink:label="apwc_CapitalCommitment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CapitalCommitment" xlink:to="apwc_CapitalCommitment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_CapitalCommitment_lbl" xml:lang="en-US">Capital commitment</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_CommitmentsOfRepairAndMaintenanceUnrelatedParty" xlink:label="apwc_CommitmentsOfRepairAndMaintenanceUnrelatedParty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CommitmentsOfRepairAndMaintenanceUnrelatedParty" xlink:to="apwc_CommitmentsOfRepairAndMaintenanceUnrelatedParty_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_CommitmentsOfRepairAndMaintenanceUnrelatedParty_lbl" xml:lang="en-US">Commitments of repair and maintenance unrelated party</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_CommitmentsOfRepairAndMaintenanceRelatedParty" xlink:label="apwc_CommitmentsOfRepairAndMaintenanceRelatedParty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CommitmentsOfRepairAndMaintenanceRelatedParty" xlink:to="apwc_CommitmentsOfRepairAndMaintenanceRelatedParty_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_CommitmentsOfRepairAndMaintenanceRelatedParty_lbl" xml:lang="en-US">Commitments of repair and maintenance related party</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_SharesPledged" xlink:label="apwc_SharesPledged" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SharesPledged" xlink:to="apwc_SharesPledged_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_SharesPledged_lbl" xml:lang="en-US">Shares pledged</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_TermLoanFacility" xlink:label="apwc_TermLoanFacility" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_TermLoanFacility" xlink:to="apwc_TermLoanFacility_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_TermLoanFacility_lbl" xml:lang="en-US">Term loan facility</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_TradeFacilities" xlink:label="apwc_TradeFacilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_TradeFacilities" xlink:to="apwc_TradeFacilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_TradeFacilities_lbl" xml:lang="en-US">Trade facilities</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_Note14FloodingInThailandDetailsAbstract" xlink:label="apwc_Note14FloodingInThailandDetailsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_Note14FloodingInThailandDetailsAbstract" xlink:to="apwc_Note14FloodingInThailandDetailsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_Note14FloodingInThailandDetailsAbstract_lbl" xml:lang="en-US">Note 15 - Flooding In Thailand Details</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherAssetImpairmentCharges" xlink:label="us-gaap_OtherAssetImpairmentCharges" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherAssetImpairmentCharges" xlink:to="us-gaap_OtherAssetImpairmentCharges_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherAssetImpairmentCharges_lbl" xml:lang="en-US">Property, plant and equipment impairment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CostOfPropertyRepairsAndMaintenance" xlink:label="us-gaap_CostOfPropertyRepairsAndMaintenance" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CostOfPropertyRepairsAndMaintenance" xlink:to="us-gaap_CostOfPropertyRepairsAndMaintenance_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CostOfPropertyRepairsAndMaintenance_lbl" xml:lang="en-US">Repairing charges</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProductionRelatedImpairmentsOrCharges" xlink:label="us-gaap_ProductionRelatedImpairmentsOrCharges" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProductionRelatedImpairmentsOrCharges" xlink:to="us-gaap_ProductionRelatedImpairmentsOrCharges_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProductionRelatedImpairmentsOrCharges_lbl" xml:lang="en-US">Total charges</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_Note14FloodingInThailandDetailsNarrativeAbstract" xlink:label="apwc_Note14FloodingInThailandDetailsNarrativeAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_Note14FloodingInThailandDetailsNarrativeAbstract" xlink:to="apwc_Note14FloodingInThailandDetailsNarrativeAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_Note14FloodingInThailandDetailsNarrativeAbstract_lbl" xml:lang="en-US">Note 15 - Flooding In Thailand Details Narrative</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProductionRelatedImpairmentsOrCharges" xlink:to="us-gaap_ProductionRelatedImpairmentsOrCharges_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ProductionRelatedImpairmentsOrCharges_2_lbl" xml:lang="en-US">Flood-related charges</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ChargesRelatedToFlooding1" xlink:to="apwc_ChargesRelatedToFlooding1_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="apwc_ChargesRelatedToFlooding1_2_lbl" xml:lang="en-US">Charges related to flooding Deferred tax asset</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromInsuranceSettlementOperatingActivities" xlink:label="us-gaap_ProceedsFromInsuranceSettlementOperatingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromInsuranceSettlementOperatingActivities" xlink:to="us-gaap_ProceedsFromInsuranceSettlementOperatingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromInsuranceSettlementOperatingActivities_lbl" xml:lang="en-US">Insurance settlement amount</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_InterimPaymentReceived" xlink:label="apwc_InterimPaymentReceived" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_InterimPaymentReceived" xlink:to="apwc_InterimPaymentReceived_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_InterimPaymentReceived_lbl" xml:lang="en-US">Interim payment received</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_InterimPaymentDiscription" xlink:label="apwc_InterimPaymentDiscription" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_InterimPaymentDiscription" xlink:to="apwc_InterimPaymentDiscription_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_InterimPaymentDiscription_lbl" xml:lang="en-US">Interim payment discription</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DisclosureNote16ConcentrationsOfRisksDetailsNarrativeAbstract" xlink:label="apwc_DisclosureNote16ConcentrationsOfRisksDetailsNarrativeAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DisclosureNote16ConcentrationsOfRisksDetailsNarrativeAbstract" xlink:to="apwc_DisclosureNote16ConcentrationsOfRisksDetailsNarrativeAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DisclosureNote16ConcentrationsOfRisksDetailsNarrativeAbstract_lbl" xml:lang="en-US">Note 17 - Concentrations Of Risks Details Narrative</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_SubsidiarysCustomerAccountedOfAccountsReceivable" xlink:label="apwc_SubsidiarysCustomerAccountedOfAccountsReceivable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SubsidiarysCustomerAccountedOfAccountsReceivable" xlink:to="apwc_SubsidiarysCustomerAccountedOfAccountsReceivable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_SubsidiarysCustomerAccountedOfAccountsReceivable_lbl" xml:lang="en-US">Singapore subsidiary's customer accounted of accounts receivable</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EntityWideRevenueMajorCustomerPercentage" xlink:label="us-gaap_EntityWideRevenueMajorCustomerPercentage" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EntityWideRevenueMajorCustomerPercentage" xlink:to="us-gaap_EntityWideRevenueMajorCustomerPercentage_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EntityWideRevenueMajorCustomerPercentage_lbl" xml:lang="en-US">No single customer accounted for total revenue</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DueFromRelatedParties" xlink:label="us-gaap_DueFromRelatedParties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DueFromRelatedParties" xlink:to="us-gaap_DueFromRelatedParties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DueFromRelatedParties_lbl" xml:lang="en-US">Due from related parties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DueToRelatedPartiesCurrentAndNoncurrent" xlink:label="us-gaap_DueToRelatedPartiesCurrentAndNoncurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DueToRelatedPartiesCurrentAndNoncurrent" xlink:to="us-gaap_DueToRelatedPartiesCurrentAndNoncurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DueToRelatedPartiesCurrentAndNoncurrent_lbl" xml:lang="en-US">Due to related parties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RelatedPartyTransactionDueFromToRelatedParty" xlink:label="us-gaap_RelatedPartyTransactionDueFromToRelatedParty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyTransactionDueFromToRelatedParty" xlink:to="us-gaap_RelatedPartyTransactionDueFromToRelatedParty_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RelatedPartyTransactionDueFromToRelatedParty_lbl" xml:lang="en-US">Short-term loan from</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RelatedPartyTransactionPurchasesFromRelatedParty" xlink:label="us-gaap_RelatedPartyTransactionPurchasesFromRelatedParty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyTransactionPurchasesFromRelatedParty" xlink:to="us-gaap_RelatedPartyTransactionPurchasesFromRelatedParty_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RelatedPartyTransactionPurchasesFromRelatedParty_lbl" xml:lang="en-US">Purchases</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_RelatedPartyTransactionSalesFromRelatedParty" xlink:label="apwc_RelatedPartyTransactionSalesFromRelatedParty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_RelatedPartyTransactionSalesFromRelatedParty" xlink:to="apwc_RelatedPartyTransactionSalesFromRelatedParty_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_RelatedPartyTransactionSalesFromRelatedParty_lbl" xml:lang="en-US">Sales</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestExpenseRelatedParty" xlink:to="us-gaap_InterestExpenseRelatedParty_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_InterestExpenseRelatedParty_2_lbl" xml:lang="en-US">Interest Expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_InterestIncomeRelatedParty" xlink:label="apwc_InterestIncomeRelatedParty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_InterestIncomeRelatedParty" xlink:to="apwc_InterestIncomeRelatedParty_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_InterestIncomeRelatedParty_lbl" xml:lang="en-US">Interest Income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ManagementFeeAmountPaid" xlink:label="us-gaap_ManagementFeeAmountPaid" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ManagementFeeAmountPaid" xlink:to="us-gaap_ManagementFeeAmountPaid_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ManagementFeeAmountPaid_lbl" xml:lang="en-US">Management fees paid</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ManagementFeesRevenue" xlink:label="us-gaap_ManagementFeesRevenue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ManagementFeesRevenue" xlink:to="us-gaap_ManagementFeesRevenue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ManagementFeesRevenue_lbl" xml:lang="en-US">Management fees received</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherInterestAndDividendIncome" xlink:label="us-gaap_OtherInterestAndDividendIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherInterestAndDividendIncome" xlink:to="us-gaap_OtherInterestAndDividendIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherInterestAndDividendIncome_lbl" xml:lang="en-US">Dividend Income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InformationTechnologyAndDataProcessing" xlink:label="us-gaap_InformationTechnologyAndDataProcessing" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InformationTechnologyAndDataProcessing" xlink:to="us-gaap_InformationTechnologyAndDataProcessing_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InformationTechnologyAndDataProcessing_lbl" xml:lang="en-US">Information technology service fees</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DisclosureNote18DefinedContributionAndBenefitPlansDetailsAbstract" xlink:label="apwc_DisclosureNote18DefinedContributionAndBenefitPlansDetailsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DisclosureNote18DefinedContributionAndBenefitPlansDetailsAbstract" xlink:to="apwc_DisclosureNote18DefinedContributionAndBenefitPlansDetailsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DisclosureNote18DefinedContributionAndBenefitPlansDetailsAbstract_lbl" xml:lang="en-US">Note 19 - Defined Contribution And Benefit Plans Details</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AssetRetirementObligationAbstract" xlink:label="us-gaap_AssetRetirementObligationAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetRetirementObligationAbstract" xlink:to="us-gaap_AssetRetirementObligationAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetRetirementObligationAbstract_lbl" xml:lang="en-US">Change in benefit obligation:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DefinedBenefitPlanBenefitObligation" xlink:label="us-gaap_DefinedBenefitPlanBenefitObligation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanBenefitObligation" xlink:to="us-gaap_DefinedBenefitPlanBenefitObligation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_DefinedBenefitPlanBenefitObligation_lbl" xml:lang="en-US">Benefit obligation at beginning of year</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AssetRetirementObligationForeignCurrencyTranslation" xlink:label="us-gaap_AssetRetirementObligationForeignCurrencyTranslation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetRetirementObligationForeignCurrencyTranslation" xlink:to="us-gaap_AssetRetirementObligationForeignCurrencyTranslation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetRetirementObligationForeignCurrencyTranslation_lbl" xml:lang="en-US">Foreign currency translation adjustments</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DefinedBenefitPlanServiceCost" xlink:label="us-gaap_DefinedBenefitPlanServiceCost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanServiceCost" xlink:to="us-gaap_DefinedBenefitPlanServiceCost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanServiceCost_lbl" xml:lang="en-US">Service cost</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DefinedBenefitPlanInterestCost" xlink:label="us-gaap_DefinedBenefitPlanInterestCost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanInterestCost" xlink:to="us-gaap_DefinedBenefitPlanInterestCost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanInterestCost_lbl" xml:lang="en-US">Interest cost</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DefinedBenefitPlanBenefitsPaid" xlink:label="us-gaap_DefinedBenefitPlanBenefitsPaid" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanBenefitsPaid" xlink:to="us-gaap_DefinedBenefitPlanBenefitsPaid_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanBenefitsPaid_lbl" xml:lang="en-US">Benefits paid</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ActuarialLoss1" xlink:label="apwc_ActuarialLoss1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ActuarialLoss1" xlink:to="apwc_ActuarialLoss1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ActuarialLoss1_lbl" xml:lang="en-US">Actuarial loss</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit" xlink:label="us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit" xlink:to="us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit_lbl" xml:lang="en-US">Prior service cost</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DefinedBenefitPlanCurtailments" xlink:label="us-gaap_DefinedBenefitPlanCurtailments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanCurtailments" xlink:to="us-gaap_DefinedBenefitPlanCurtailments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanCurtailments_lbl" xml:lang="en-US">Curtailment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DefinedBenefitPlanOtherChanges" xlink:label="us-gaap_DefinedBenefitPlanOtherChanges" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanOtherChanges" xlink:to="us-gaap_DefinedBenefitPlanOtherChanges_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanOtherChanges_lbl" xml:lang="en-US">Other adjustment</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanBenefitObligation" xlink:to="us-gaap_DefinedBenefitPlanBenefitObligation_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_DefinedBenefitPlanBenefitObligation_2_lbl" xml:lang="en-US">Benefit obligation at end of year</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DefinedBenefitPlanChangeInFairValueOfPlanAssetsRollForward" xlink:label="us-gaap_DefinedBenefitPlanChangeInFairValueOfPlanAssetsRollForward" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanChangeInFairValueOfPlanAssetsRollForward" xlink:to="us-gaap_DefinedBenefitPlanChangeInFairValueOfPlanAssetsRollForward_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanChangeInFairValueOfPlanAssetsRollForward_lbl" xml:lang="en-US">Change in plan assets:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DefinedBenefitPlanFairValueOfPlanAssets" xlink:label="us-gaap_DefinedBenefitPlanFairValueOfPlanAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanFairValueOfPlanAssets" xlink:to="us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_lbl" xml:lang="en-US">Fair value of plan assets at beginning of year</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DefinedBenefitPlanContributionsByEmployer" xlink:label="us-gaap_DefinedBenefitPlanContributionsByEmployer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanContributionsByEmployer" xlink:to="us-gaap_DefinedBenefitPlanContributionsByEmployer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanContributionsByEmployer_lbl" xml:lang="en-US">Employer's contribution</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanFairValueOfPlanAssets" xlink:to="us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_2_lbl" xml:lang="en-US">Fair value of plan assets at end of year</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_FundedStatus" xlink:label="apwc_FundedStatus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_FundedStatus" xlink:to="apwc_FundedStatus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_FundedStatus_lbl" xml:lang="en-US">Funded status</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DefinedBenefitPlanAmortizationOfTransitionObligationsAssets" xlink:label="us-gaap_DefinedBenefitPlanAmortizationOfTransitionObligationsAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanAmortizationOfTransitionObligationsAssets" xlink:to="us-gaap_DefinedBenefitPlanAmortizationOfTransitionObligationsAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanAmortizationOfTransitionObligationsAssets_lbl" xml:lang="en-US">Unrealized net transition obligation</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_UnrecognizedNetActuarialLossGain" xlink:label="apwc_UnrecognizedNetActuarialLossGain" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_UnrecognizedNetActuarialLossGain" xlink:to="apwc_UnrecognizedNetActuarialLossGain_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_UnrecognizedNetActuarialLossGain_lbl" xml:lang="en-US">Unrecognized net actuarial loss (gain)</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_AccruedBenefitCost" xlink:label="apwc_AccruedBenefitCost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_AccruedBenefitCost" xlink:to="apwc_AccruedBenefitCost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_AccruedBenefitCost_lbl" xml:lang="en-US">Accrued benefit cost</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DefinedBenefitPlanNetPeriodicBenefitCostAbstract" xlink:label="us-gaap_DefinedBenefitPlanNetPeriodicBenefitCostAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanNetPeriodicBenefitCostAbstract" xlink:to="us-gaap_DefinedBenefitPlanNetPeriodicBenefitCostAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanNetPeriodicBenefitCostAbstract_lbl" xml:lang="en-US">Components of net periodic benefit cost:</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DefinedBenefitPlanServiceCost1" xlink:label="apwc_DefinedBenefitPlanServiceCost1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DefinedBenefitPlanServiceCost1" xlink:to="apwc_DefinedBenefitPlanServiceCost1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="apwc_DefinedBenefitPlanServiceCost1_lbl" xml:lang="en-US">Service cost</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DefinedBenefitPlanInterestCost1" xlink:label="apwc_DefinedBenefitPlanInterestCost1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DefinedBenefitPlanInterestCost1" xlink:to="apwc_DefinedBenefitPlanInterestCost1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="apwc_DefinedBenefitPlanInterestCost1_lbl" xml:lang="en-US">Interest cost</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_AmortizationsAbstract" xlink:label="apwc_AmortizationsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_AmortizationsAbstract" xlink:to="apwc_AmortizationsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_AmortizationsAbstract_lbl" xml:lang="en-US">Amortizations of:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DefinedBenefitPlanAmortizationOfNetPriorServiceCostCredit" xlink:label="us-gaap_DefinedBenefitPlanAmortizationOfNetPriorServiceCostCredit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanAmortizationOfNetPriorServiceCostCredit" xlink:to="us-gaap_DefinedBenefitPlanAmortizationOfNetPriorServiceCostCredit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanAmortizationOfNetPriorServiceCostCredit_lbl" xml:lang="en-US">Unrecognized net prior service cost (credit)</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_UnrecognizedActuarialLoss" xlink:label="apwc_UnrecognizedActuarialLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_UnrecognizedActuarialLoss" xlink:to="apwc_UnrecognizedActuarialLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_UnrecognizedActuarialLoss_lbl" xml:lang="en-US">Unrecognized actuarial loss</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_OtherAdjustment" xlink:label="apwc_OtherAdjustment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_OtherAdjustment" xlink:to="apwc_OtherAdjustment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="apwc_OtherAdjustment_lbl" xml:lang="en-US">Other adjustment</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_NetPeriodicBenefitCost" xlink:label="apwc_NetPeriodicBenefitCost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_NetPeriodicBenefitCost" xlink:to="apwc_NetPeriodicBenefitCost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_NetPeriodicBenefitCost_lbl" xml:lang="en-US">Net periodic benefit cost</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeAbstract" xlink:label="us-gaap_DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeAbstract" xlink:to="us-gaap_DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeAbstract_lbl" xml:lang="en-US">Amounts recognized in accumulated other comprehensive loss consist of the following: (recognized under ASC 715)</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ActuarialLoss" xlink:label="apwc_ActuarialLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ActuarialLoss" xlink:to="apwc_ActuarialLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="apwc_ActuarialLoss_lbl" xml:lang="en-US">Actuarial loss</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_PriorServiceCreditCost" xlink:label="apwc_PriorServiceCreditCost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PriorServiceCreditCost" xlink:to="apwc_PriorServiceCreditCost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_PriorServiceCreditCost_lbl" xml:lang="en-US">Prior service (credit) cost</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax" xlink:label="us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax" xlink:to="us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax_lbl" xml:lang="en-US">Total recognized in other comprehensive loss</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DiscountRate" xlink:label="apwc_DiscountRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DiscountRate" xlink:to="apwc_DiscountRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DiscountRate_lbl" xml:lang="en-US">Discount Rate</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_RateOfIncreaseInCompensationLevels" xlink:label="apwc_RateOfIncreaseInCompensationLevels" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_RateOfIncreaseInCompensationLevels" xlink:to="apwc_RateOfIncreaseInCompensationLevels_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_RateOfIncreaseInCompensationLevels_lbl" xml:lang="en-US">Rate of Increase in Compensation Levels</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_EmployeeTurnoverRates" xlink:label="apwc_EmployeeTurnoverRates" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_EmployeeTurnoverRates" xlink:to="apwc_EmployeeTurnoverRates_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_EmployeeTurnoverRates_lbl" xml:lang="en-US">Prior to age 29</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_EmployeeTurnoverRates1" xlink:label="apwc_EmployeeTurnoverRates1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_EmployeeTurnoverRates1" xlink:to="apwc_EmployeeTurnoverRates1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_EmployeeTurnoverRates1_lbl" xml:lang="en-US">Age 30 to 39</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_EmployeeTurnoverRates2" xlink:label="apwc_EmployeeTurnoverRates2" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_EmployeeTurnoverRates2" xlink:to="apwc_EmployeeTurnoverRates2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_EmployeeTurnoverRates2_lbl" xml:lang="en-US">Age 40 to 49</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_EmployeeTurnoverRates3" xlink:label="apwc_EmployeeTurnoverRates3" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_EmployeeTurnoverRates3" xlink:to="apwc_EmployeeTurnoverRates3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_EmployeeTurnoverRates3_lbl" xml:lang="en-US">Age 50 and Above</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_Note18DefinedContributionAndBenefitPlansDetails2Abstract" xlink:label="apwc_Note18DefinedContributionAndBenefitPlansDetails2Abstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_Note18DefinedContributionAndBenefitPlansDetails2Abstract" xlink:to="apwc_Note18DefinedContributionAndBenefitPlansDetails2Abstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_Note18DefinedContributionAndBenefitPlansDetails2Abstract_lbl" xml:lang="en-US">Note 19 - Defined Contribution And Benefit Plans Details 2</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths" xlink:to="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_lbl" xml:lang="en-US">2013</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo" xlink:to="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_lbl" xml:lang="en-US">2014</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree" xlink:to="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_lbl" xml:lang="en-US">2015</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour" xlink:to="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_lbl" xml:lang="en-US">2016</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive" xlink:to="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive_lbl" xml:lang="en-US">2017</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter" xlink:to="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter_lbl" xml:lang="en-US">2018 - 2022</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DefinedBenefitPlanExpectedFutureBenefitPayments" xlink:label="apwc_DefinedBenefitPlanExpectedFutureBenefitPayments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DefinedBenefitPlanExpectedFutureBenefitPayments" xlink:to="apwc_DefinedBenefitPlanExpectedFutureBenefitPayments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DefinedBenefitPlanExpectedFutureBenefitPayments_lbl" xml:lang="en-US">Total</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DisclosureNote18DefinedContributionAndBenefitPlansDetailsNarrativeAbstract" xlink:label="apwc_DisclosureNote18DefinedContributionAndBenefitPlansDetailsNarrativeAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DisclosureNote18DefinedContributionAndBenefitPlansDetailsNarrativeAbstract" xlink:to="apwc_DisclosureNote18DefinedContributionAndBenefitPlansDetailsNarrativeAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DisclosureNote18DefinedContributionAndBenefitPlansDetailsNarrativeAbstract_lbl" xml:lang="en-US">Note 19 - Defined Contribution And Benefit Plans Details Narrative</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PensionAndOtherPostretirementBenefitExpense" xlink:label="us-gaap_PensionAndOtherPostretirementBenefitExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PensionAndOtherPostretirementBenefitExpense" xlink:to="us-gaap_PensionAndOtherPostretirementBenefitExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PensionAndOtherPostretirementBenefitExpense_lbl" xml:lang="en-US">Total expense benefit plans</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_TotalChargesOfContinuingOperations" xlink:label="apwc_TotalChargesOfContinuingOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_TotalChargesOfContinuingOperations" xlink:to="apwc_TotalChargesOfContinuingOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_TotalChargesOfContinuingOperations_lbl" xml:lang="en-US">Total charges of continuing operations</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_TotalChargesOfDiscontinuingOperations" xlink:label="apwc_TotalChargesOfDiscontinuingOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_TotalChargesOfDiscontinuingOperations" xlink:to="apwc_TotalChargesOfDiscontinuingOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_TotalChargesOfDiscontinuingOperations_lbl" xml:lang="en-US">Total charges of discontinuing operations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation" xlink:label="us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation" xlink:to="us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation_lbl" xml:lang="en-US">Accumulated benefit obligations</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageDiscountRatePercent" xlink:to="us-gaap_WeightedAverageDiscountRatePercent_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_WeightedAverageDiscountRatePercent_2_lbl" xml:lang="en-US">Changed Discount Rate</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_Revenues" xlink:label="us-gaap_Revenues" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Revenues" xlink:to="us-gaap_Revenues_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_Revenues_lbl" xml:lang="en-US">Net sales</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CostOfRevenue" xlink:to="us-gaap_CostOfRevenue_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CostOfRevenue_2_lbl" xml:lang="en-US">Cost of sales</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SellingGeneralAndAdministrativeExpense" xlink:to="us-gaap_SellingGeneralAndAdministrativeExpense_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SellingGeneralAndAdministrativeExpense_2_lbl" xml:lang="en-US">Selling, general and administrative expenses</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProvisionForDoubtfulAccounts" xlink:to="us-gaap_ProvisionForDoubtfulAccounts_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProvisionForDoubtfulAccounts_2_lbl" xml:lang="en-US">Recovery of doubtful accounts</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity" xlink:label="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity" xlink:to="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity_lbl" xml:lang="en-US">Income from discontinued operations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ForeignCurrencyTransactionGainBeforeTax" xlink:label="us-gaap_ForeignCurrencyTransactionGainBeforeTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ForeignCurrencyTransactionGainBeforeTax" xlink:to="us-gaap_ForeignCurrencyTransactionGainBeforeTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ForeignCurrencyTransactionGainBeforeTax_lbl" xml:lang="en-US">Exchange gain, net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InterestAndDebtExpense" xlink:label="us-gaap_InterestAndDebtExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestAndDebtExpense" xlink:to="us-gaap_InterestAndDebtExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestAndDebtExpense_lbl" xml:lang="en-US">Interest expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherCostAndExpenseOperating" xlink:label="us-gaap_OtherCostAndExpenseOperating" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherCostAndExpenseOperating" xlink:to="us-gaap_OtherCostAndExpenseOperating_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherCostAndExpenseOperating_lbl" xml:lang="en-US">Other income (expenses)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:to="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_2_lbl" xml:lang="en-US">Income (loss) before income tax</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DisposalGroupNotDiscontinuedOperationGainLossOnDisposal" xlink:label="us-gaap_DisposalGroupNotDiscontinuedOperationGainLossOnDisposal" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DisposalGroupNotDiscontinuedOperationGainLossOnDisposal" xlink:to="us-gaap_DisposalGroupNotDiscontinuedOperationGainLossOnDisposal_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DisposalGroupNotDiscontinuedOperationGainLossOnDisposal_lbl" xml:lang="en-US">Gain on disposal of SPFO</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest" xlink:to="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest_2_lbl" xml:lang="en-US">Income from operations of discontinued SPFO</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxExpenseBenefit" xlink:to="us-gaap_IncomeTaxExpenseBenefit_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxExpenseBenefit_2_lbl" xml:lang="en-US">Income tax</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_NetIncomeLossOfDiscontinuedOperations" xlink:label="apwc_NetIncomeLossOfDiscontinuedOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_NetIncomeLossOfDiscontinuedOperations" xlink:to="apwc_NetIncomeLossOfDiscontinuedOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_NetIncomeLossOfDiscontinuedOperations_lbl" xml:lang="en-US">Net income (loss) of discontinued operations</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax" xlink:to="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax_2_lbl" xml:lang="en-US">Net income (loss) attributable to non-controlling interests</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_NetIncomeLossAttributableToApwc" xlink:label="apwc_NetIncomeLossAttributableToApwc" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_NetIncomeLossAttributableToApwc" xlink:to="apwc_NetIncomeLossAttributableToApwc_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="apwc_NetIncomeLossAttributableToApwc_lbl" xml:lang="en-US">Net income (loss) attributable to APWC</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_PurchasesOfGoods" xlink:label="apwc_PurchasesOfGoods" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PurchasesOfGoods" xlink:to="apwc_PurchasesOfGoods_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_PurchasesOfGoods_lbl" xml:lang="en-US">Purchases of goods from Shandong Yanggu</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SalesRevenueGoodsGross" xlink:label="us-gaap_SalesRevenueGoodsGross" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SalesRevenueGoodsGross" xlink:to="us-gaap_SalesRevenueGoodsGross_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SalesRevenueGoodsGross_lbl" xml:lang="en-US">Sales to Shandong Yanggu</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_SalesRevenueGoodsGross1" xlink:label="apwc_SalesRevenueGoodsGross1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SalesRevenueGoodsGross1" xlink:to="apwc_SalesRevenueGoodsGross1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_SalesRevenueGoodsGross1_lbl" xml:lang="en-US">Sales to SPRC</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InterestExpenseOther" xlink:label="us-gaap_InterestExpenseOther" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestExpenseOther" xlink:to="us-gaap_InterestExpenseOther_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestExpenseOther_lbl" xml:lang="en-US">Interest expense paid to Shandong Yanggu</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ManagementFeeAmountPaid" xlink:to="us-gaap_ManagementFeeAmountPaid_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ManagementFeeAmountPaid_2_lbl" xml:lang="en-US">Management fee paid to Shandong Yanggu</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementBusinessSegmentsAxis" xlink:to="us-gaap_StatementBusinessSegmentsAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_StatementBusinessSegmentsAxis_2_lbl" xml:lang="en-US">Business Segments [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RevenuesFromExternalCustomers" xlink:label="us-gaap_RevenuesFromExternalCustomers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RevenuesFromExternalCustomers" xlink:to="us-gaap_RevenuesFromExternalCustomers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RevenuesFromExternalCustomers_lbl" xml:lang="en-US">Revenues from external customers</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RevenuesFromTransactionsWithOtherOperatingSegmentsOfSameEntity" xlink:label="us-gaap_RevenuesFromTransactionsWithOtherOperatingSegmentsOfSameEntity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RevenuesFromTransactionsWithOtherOperatingSegmentsOfSameEntity" xlink:to="us-gaap_RevenuesFromTransactionsWithOtherOperatingSegmentsOfSameEntity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RevenuesFromTransactionsWithOtherOperatingSegmentsOfSameEntity_lbl" xml:lang="en-US">Revenues from Intersegment revenues</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_TotalSegmentRevenues" xlink:label="apwc_TotalSegmentRevenues" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_TotalSegmentRevenues" xlink:to="apwc_TotalSegmentRevenues_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_TotalSegmentRevenues_lbl" xml:lang="en-US">Total segment revenues</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_EliminationOfIntersegmentRevenues" xlink:label="apwc_EliminationOfIntersegmentRevenues" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_EliminationOfIntersegmentRevenues" xlink:to="apwc_EliminationOfIntersegmentRevenues_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_EliminationOfIntersegmentRevenues_lbl" xml:lang="en-US">Elimination of intersegment revenues</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SegmentReportingInformationRevenue" xlink:label="us-gaap_SegmentReportingInformationRevenue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingInformationRevenue" xlink:to="us-gaap_SegmentReportingInformationRevenue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SegmentReportingInformationRevenue_lbl" xml:lang="en-US">Total revenues</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_SegmentProfitLoss" xlink:label="apwc_SegmentProfitLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SegmentProfitLoss" xlink:to="apwc_SegmentProfitLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_SegmentProfitLoss_lbl" xml:lang="en-US">Segment profit (loss)</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_CorporateAndOtherExpenses" xlink:label="apwc_CorporateAndOtherExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CorporateAndOtherExpenses" xlink:to="apwc_CorporateAndOtherExpenses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_CorporateAndOtherExpenses_lbl" xml:lang="en-US">Corporate and other expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ExchangeGainLoss" xlink:label="apwc_ExchangeGainLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ExchangeGainLoss" xlink:to="apwc_ExchangeGainLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ExchangeGainLoss_lbl" xml:lang="en-US">Exchange gain (loss)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_RecoveryOfLossFromFlooding" xlink:to="apwc_RecoveryOfLossFromFlooding_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="apwc_RecoveryOfLossFromFlooding_2_lbl" xml:lang="en-US">Recovery of loss from flooding</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_GainOnLiquidationOfSubsidiary" xlink:label="apwc_GainOnLiquidationOfSubsidiary" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_GainOnLiquidationOfSubsidiary" xlink:to="apwc_GainOnLiquidationOfSubsidiary_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="apwc_GainOnLiquidationOfSubsidiary_lbl" xml:lang="en-US">Gain on liquidation of a subsidiary</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NoninterestIncome" xlink:label="us-gaap_NoninterestIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NoninterestIncome" xlink:to="us-gaap_NoninterestIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_NoninterestIncome_lbl" xml:lang="en-US">Interest income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NoninterestExpense" xlink:label="us-gaap_NoninterestExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NoninterestExpense" xlink:to="us-gaap_NoninterestExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NoninterestExpense_lbl" xml:lang="en-US">Interest expense</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ShareOfNetLossOfEquityInvestees" xlink:label="apwc_ShareOfNetLossOfEquityInvestees" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ShareOfNetLossOfEquityInvestees" xlink:to="apwc_ShareOfNetLossOfEquityInvestees_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="apwc_ShareOfNetLossOfEquityInvestees_lbl" xml:lang="en-US">Share of net loss of equity investees</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherNoninterestExpense" xlink:label="us-gaap_OtherNoninterestExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherNoninterestExpense" xlink:to="us-gaap_OtherNoninterestExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherNoninterestExpense_lbl" xml:lang="en-US">Other income</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_IncomeFromContinuingOperationsBeforeIncomeTaxes" xlink:label="apwc_IncomeFromContinuingOperationsBeforeIncomeTaxes" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_IncomeFromContinuingOperationsBeforeIncomeTaxes" xlink:to="apwc_IncomeFromContinuingOperationsBeforeIncomeTaxes_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="apwc_IncomeFromContinuingOperationsBeforeIncomeTaxes_lbl" xml:lang="en-US">Income from continuing operations before income taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_SegmentAssets" xlink:label="apwc_SegmentAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SegmentAssets" xlink:to="apwc_SegmentAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_SegmentAssets_lbl" xml:lang="en-US">Segment assets</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_CorporateAndOtherAssets" xlink:label="apwc_CorporateAndOtherAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CorporateAndOtherAssets" xlink:to="apwc_CorporateAndOtherAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_CorporateAndOtherAssets_lbl" xml:lang="en-US">Corporate and other assets</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_InvestmentInEquityInvesteeCompanies" xlink:label="apwc_InvestmentInEquityInvesteeCompanies" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_InvestmentInEquityInvesteeCompanies" xlink:to="apwc_InvestmentInEquityInvesteeCompanies_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_InvestmentInEquityInvesteeCompanies_lbl" xml:lang="en-US">Investment in equity investee companies</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_TotalAssets" xlink:label="apwc_TotalAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_TotalAssets" xlink:to="apwc_TotalAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="apwc_TotalAssets_lbl" xml:lang="en-US">Total assets</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ExpendituresForAdditionsToLonglivedAssets" xlink:label="apwc_ExpendituresForAdditionsToLonglivedAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ExpendituresForAdditionsToLonglivedAssets" xlink:to="apwc_ExpendituresForAdditionsToLonglivedAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ExpendituresForAdditionsToLonglivedAssets_lbl" xml:lang="en-US">Expenditures for additions to long-lived assets</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DepreciationExpensesOfContinuingOperations" xlink:label="apwc_DepreciationExpensesOfContinuingOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DepreciationExpensesOfContinuingOperations" xlink:to="apwc_DepreciationExpensesOfContinuingOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DepreciationExpensesOfContinuingOperations_lbl" xml:lang="en-US">Depreciation expenses of continuing operations</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_DepreciationExpensesOfDiscontinuedOperations" xlink:label="apwc_DepreciationExpensesOfDiscontinuedOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DepreciationExpensesOfDiscontinuedOperations" xlink:to="apwc_DepreciationExpensesOfDiscontinuedOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_DepreciationExpensesOfDiscontinuedOperations_lbl" xml:lang="en-US">Depreciation expenses of discontinued operations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DepreciationDepletionAndAmortization" xlink:label="us-gaap_DepreciationDepletionAndAmortization" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DepreciationDepletionAndAmortization" xlink:to="us-gaap_DepreciationDepletionAndAmortization_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DepreciationDepletionAndAmortization_lbl" xml:lang="en-US">Total depreciation expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf" xlink:label="us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf" xlink:to="us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf_lbl" xml:lang="en-US">Impairment loss of long-lived assets and goodwill</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_InterestIncomeOfContinuingOperations" xlink:label="apwc_InterestIncomeOfContinuingOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_InterestIncomeOfContinuingOperations" xlink:to="apwc_InterestIncomeOfContinuingOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_InterestIncomeOfContinuingOperations_lbl" xml:lang="en-US">Interest income of continuing operations</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_InterestExpenseOfContinuingOperations" xlink:label="apwc_InterestExpenseOfContinuingOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_InterestExpenseOfContinuingOperations" xlink:to="apwc_InterestExpenseOfContinuingOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_InterestExpenseOfContinuingOperations_lbl" xml:lang="en-US">Interest expense of continuing operations</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_ShareOfNetLossOfEquityInvestees1" xlink:label="apwc_ShareOfNetLossOfEquityInvestees1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ShareOfNetLossOfEquityInvestees1" xlink:to="apwc_ShareOfNetLossOfEquityInvestees1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="apwc_ShareOfNetLossOfEquityInvestees1_lbl" xml:lang="en-US">Share of net loss of equity investees</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Revenues" xlink:to="us-gaap_Revenues_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Revenues_2_lbl" xml:lang="en-US">Revenue from continuing operations</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_RevenueFromDiscontinuedOperations" xlink:label="apwc_RevenueFromDiscontinuedOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_RevenueFromDiscontinuedOperations" xlink:to="apwc_RevenueFromDiscontinuedOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_RevenueFromDiscontinuedOperations_lbl" xml:lang="en-US">Revenue from discontinued operations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NoncurrentAssets" xlink:label="us-gaap_NoncurrentAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NoncurrentAssets" xlink:to="us-gaap_NoncurrentAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NoncurrentAssets_lbl" xml:lang="en-US">Long-lived assets</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_Note20SegmentFinancialInformationDetailsNarrativeAbstract" xlink:label="apwc_Note20SegmentFinancialInformationDetailsNarrativeAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_Note20SegmentFinancialInformationDetailsNarrativeAbstract" xlink:to="apwc_Note20SegmentFinancialInformationDetailsNarrativeAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_Note20SegmentFinancialInformationDetailsNarrativeAbstract_lbl" xml:lang="en-US">Note 21 -Segment Financial Information Details Narrative</link:label>
      <link:loc xlink:type="locator" xlink:href="apwc-20121231.xsd#apwc_EntityWideRevenueMajorCustomer" xlink:label="apwc_EntityWideRevenueMajorCustomer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_EntityWideRevenueMajorCustomer" xlink:to="apwc_EntityWideRevenueMajorCustomer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_EntityWideRevenueMajorCustomer_lbl" xml:lang="en-US">Percentage of No single customer accounted for total revenue</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TradingActivityByTypeAxis" xlink:to="us-gaap_TradingActivityByTypeAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_TradingActivityByTypeAxis_2_lbl" xml:lang="en-US">Trading Activity [Axis]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsCurrent" xlink:to="us-gaap_AssetsCurrent_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsCurrent_2_lbl" xml:lang="en-US">Current assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsNoncurrent" xlink:to="us-gaap_AssetsNoncurrent_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_AssetsNoncurrent_2_lbl" xml:lang="en-US">Non-current assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesCurrent" xlink:to="us-gaap_LiabilitiesCurrent_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_LiabilitiesCurrent_2_lbl" xml:lang="en-US">Current liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesNoncurrent" xlink:to="us-gaap_LiabilitiesNoncurrent_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_LiabilitiesNoncurrent_2_lbl" xml:lang="en-US">Non-current liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquity" xlink:to="us-gaap_StockholdersEquity_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_StockholdersEquity_2_lbl" xml:lang="en-US">Total shareholders' equity</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SalesRevenueGoodsNet" xlink:to="us-gaap_SalesRevenueGoodsNet_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_SalesRevenueGoodsNet_2_lbl" xml:lang="en-US">Net sales</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GrossProfit" xlink:to="us-gaap_GrossProfit_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_GrossProfit_2_lbl" xml:lang="en-US">Gross Profit</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLoss" xlink:to="us-gaap_NetIncomeLoss_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_NetIncomeLoss_2_lbl" xml:lang="en-US">Net income (loss)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_AcquisitionOfNoncontrollingInterest" xlink:to="apwc_AcquisitionOfNoncontrollingInterest_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_AcquisitionOfNoncontrollingInterest_doc" xml:lang="en-US">Cost of Sales, Sales, delivery and installation of wires and cables</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ActuarialDefferedGainLoss" xlink:to="apwc_ActuarialDefferedGainLoss_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ActuarialDefferedGainLoss_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ActuarialLoss" xlink:to="apwc_ActuarialLoss_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ActuarialLoss_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_AllowanceForImpairmentInInvestment" xlink:to="apwc_AllowanceForImpairmentInInvestment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_AllowanceForImpairmentInInvestment_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_AmortizationsAbstract" xlink:to="apwc_AmortizationsAbstract_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_AmortizationsAbstract_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_AmountOfDeferredTaxLiabilitiesAndAssetsTableTextBlock" xlink:to="apwc_AmountOfDeferredTaxLiabilitiesAndAssetsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_AmountOfDeferredTaxLiabilitiesAndAssetsTableTextBlock_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ApwcThailandCompanyMember" xlink:to="apwc_ApwcThailandCompanyMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ApwcThailandCompanyMember_doc" xml:lang="en-US">Decrease in unrestricted short-term bank deposits</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_AsiaPacificWireAndCableGeneralHoldingsMember" xlink:to="apwc_AsiaPacificWireAndCableGeneralHoldingsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_AsiaPacificWireAndCableGeneralHoldingsMember_doc" xml:lang="en-US">Distributed products</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_AustraliaMember" xlink:to="apwc_AustraliaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_AustraliaMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_AustraliaPacificElectricCablePtyMember" xlink:to="apwc_AustraliaPacificElectricCablePtyMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_AustraliaPacificElectricCablePtyMember_doc" xml:lang="en-US">(Increase) in restricted short-term bank deposits</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_BangkokBankHongKongMember" xlink:to="apwc_BangkokBankHongKongMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_BangkokBankHongKongMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_BankLoansAndOverdrafts" xlink:to="apwc_BankLoansAndOverdrafts_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_BankLoansAndOverdrafts_doc" xml:lang="en-US">(Increase) in unrestricted short-term bank deposits</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_BankLoansAndOverdraftsTableTextBlock" xlink:to="apwc_BankLoansAndOverdraftsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_BankLoansAndOverdraftsTableTextBlock_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_BenefitsOfOperatingLossCarriedForwards" xlink:to="apwc_BenefitsOfOperatingLossCarriedForwards_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_BenefitsOfOperatingLossCarriedForwards_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_BuildingsMember" xlink:to="apwc_BuildingsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_BuildingsMember_doc" xml:lang="en-US">Inventory impairment</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CapitalCommitment" xlink:to="apwc_CapitalCommitment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_CapitalCommitment_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CashLoan" xlink:to="apwc_CashLoan_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_CashLoan_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ChargesRelatedToFlooding" xlink:to="apwc_ChargesRelatedToFlooding_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ChargesRelatedToFlooding_doc" xml:lang="en-US">Decrease in unrestricted short-term bank deposits</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ChargesRelatedToFlooding1" xlink:to="apwc_ChargesRelatedToFlooding1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ChargesRelatedToFlooding1_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CharoongThaiWireAndCablePublicCompanyMember" xlink:to="apwc_CharoongThaiWireAndCablePublicCompanyMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_CharoongThaiWireAndCablePublicCompanyMember_doc" xml:lang="en-US">Motor vehicles</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ChinaMember" xlink:to="apwc_ChinaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ChinaMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CommitmentsOfRepairAndMaintenanceRelatedParty" xlink:to="apwc_CommitmentsOfRepairAndMaintenanceRelatedParty_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_CommitmentsOfRepairAndMaintenanceRelatedParty_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CommitmentsOfRepairAndMaintenanceUnrelatedParty" xlink:to="apwc_CommitmentsOfRepairAndMaintenanceUnrelatedParty_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_CommitmentsOfRepairAndMaintenanceUnrelatedParty_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CommitmentsToPurchaseRawMaterials" xlink:to="apwc_CommitmentsToPurchaseRawMaterials_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_CommitmentsToPurchaseRawMaterials_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CommonStockSharesOutstanding1" xlink:to="apwc_CommonStockSharesOutstanding1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_CommonStockSharesOutstanding1_doc" xml:lang="en-US">Distributed products</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ContractedMaturityOfInvestments" xlink:to="apwc_ContractedMaturityOfInvestments_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ContractedMaturityOfInvestments_doc" xml:lang="en-US">Sales, delivery and installation of wires and cables</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CopperMember" xlink:to="apwc_CopperMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_CopperMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CopperPrice" xlink:to="apwc_CopperPrice_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_CopperPrice_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CorporateAndOtherAssets" xlink:to="apwc_CorporateAndOtherAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_CorporateAndOtherAssets_doc" xml:lang="en-US">Inventory impairment</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CorporateAndOtherExpenses" xlink:to="apwc_CorporateAndOtherExpenses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_CorporateAndOtherExpenses_doc" xml:lang="en-US">Land use rights</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CorporateGuarantee" xlink:to="apwc_CorporateGuarantee_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_CorporateGuarantee_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CorporateGuaranteeExceedingLimit" xlink:to="apwc_CorporateGuaranteeExceedingLimit_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_CorporateGuaranteeExceedingLimit_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CorporateIncomeTaxRate" xlink:to="apwc_CorporateIncomeTaxRate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_CorporateIncomeTaxRate_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CostOfSalesSupplyDeliveryAndInstallationOfWiresAndCables" xlink:to="apwc_CostOfSalesSupplyDeliveryAndInstallationOfWiresAndCables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_CostOfSalesSupplyDeliveryAndInstallationOfWiresAndCables_doc" xml:lang="en-US">(Increase) in unrestricted short-term bank deposits</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CountryAxis" xlink:to="apwc_CountryAxis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_CountryAxis_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CrownCenturyHoldingsMember" xlink:to="apwc_CrownCenturyHoldingsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_CrownCenturyHoldingsMember_doc" xml:lang="en-US">VALUE ADDED TAX (""""""""VAT"""""""") [Text Block]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CrownCenturyHoldingsOneMember" xlink:to="apwc_CrownCenturyHoldingsOneMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_CrownCenturyHoldingsOneMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CtwBetaComapnyMember" xlink:to="apwc_CtwBetaComapnyMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_CtwBetaComapnyMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CurrentPortionIncludedInOtherCurrentLiabilities" xlink:to="apwc_CurrentPortionIncludedInOtherCurrentLiabilities_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_CurrentPortionIncludedInOtherCurrentLiabilities_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DebenturesFixedRate" xlink:to="apwc_DebenturesFixedRate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_DebenturesFixedRate_doc" xml:lang="en-US">Land use rights</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DebenturesMaturityDate" xlink:to="apwc_DebenturesMaturityDate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_DebenturesMaturityDate_doc" xml:lang="en-US">Motor vehicles</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DeclineInStockPrice" xlink:to="apwc_DeclineInStockPrice_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_DeclineInStockPrice_doc" xml:lang="en-US">Recovery for doubtful accounts</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DeferredTaxAssetsNetNoncurrent1" xlink:to="apwc_DeferredTaxAssetsNetNoncurrent1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_DeferredTaxAssetsNetNoncurrent1_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DeferredTaxLiabilitiesAndAssetsAccompanyingConsolidatedBalanceSheetsTableTextBlock" xlink:to="apwc_DeferredTaxLiabilitiesAndAssetsAccompanyingConsolidatedBalanceSheetsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_DeferredTaxLiabilitiesAndAssetsAccompanyingConsolidatedBalanceSheetsTableTextBlock_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DeferredTaxLiabilityArisingFromundistributedEarnings" xlink:to="apwc_DeferredTaxLiabilityArisingFromundistributedEarnings_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_DeferredTaxLiabilityArisingFromundistributedEarnings_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DefferedTaxAssetsLiabilitiesCurrent" xlink:to="apwc_DefferedTaxAssetsLiabilitiesCurrent_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_DefferedTaxAssetsLiabilitiesCurrent_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DefferedTaxAssetsLiabilitiesNonCurrent" xlink:to="apwc_DefferedTaxAssetsLiabilitiesNonCurrent_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_DefferedTaxAssetsLiabilitiesNonCurrent_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DefinedBenefitPlanExpectedFutureBenefitPayments" xlink:to="apwc_DefinedBenefitPlanExpectedFutureBenefitPayments_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_DefinedBenefitPlanExpectedFutureBenefitPayments_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DepreciationExpensesOfContinuingOperations" xlink:to="apwc_DepreciationExpensesOfContinuingOperations_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_DepreciationExpensesOfContinuingOperations_doc" xml:lang="en-US">Sales, delivery and installation of wires and cables</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DepreciationExpensesOfDiscontinuedOperations" xlink:to="apwc_DepreciationExpensesOfDiscontinuedOperations_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_DepreciationExpensesOfDiscontinuedOperations_doc" xml:lang="en-US">Unrestricted Short-term bank deposits (note 5)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DiscontinuedOperationMember" xlink:to="apwc_DiscontinuedOperationMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_DiscontinuedOperationMember_doc" xml:lang="en-US">Motor vehicles</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DiscountRate" xlink:to="apwc_DiscountRate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_DiscountRate_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DistributedProducts" xlink:to="apwc_DistributedProducts_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_DistributedProducts_doc" xml:lang="en-US">SHORT-TERM BANK DEPOSITS [Text Block]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DistributedProductsMember" xlink:to="apwc_DistributedProductsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_DistributedProductsMember_doc" xml:lang="en-US">Sales, delivery and installation of wires and cables</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DoubleDCableCompanyMember" xlink:to="apwc_DoubleDCableCompanyMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_DoubleDCableCompanyMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_EffectOfTemporaryTaxRateChangesOnDeferredTaxAssets" xlink:to="apwc_EffectOfTemporaryTaxRateChangesOnDeferredTaxAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_EffectOfTemporaryTaxRateChangesOnDeferredTaxAssets_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ElecainIndustryMember" xlink:to="apwc_ElecainIndustryMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ElecainIndustryMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_EliminationOfIntersegmentRevenues" xlink:to="apwc_EliminationOfIntersegmentRevenues_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_EliminationOfIntersegmentRevenues_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_EmployeeTurnoverRates" xlink:to="apwc_EmployeeTurnoverRates_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_EmployeeTurnoverRates_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_EmployeeTurnoverRates1" xlink:to="apwc_EmployeeTurnoverRates1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_EmployeeTurnoverRates1_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_EmployeeTurnoverRates2" xlink:to="apwc_EmployeeTurnoverRates2_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_EmployeeTurnoverRates2_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_EpanDataCommSystemPteMember" xlink:to="apwc_EpanDataCommSystemPteMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_EpanDataCommSystemPteMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_EpanIndustriesPteMember" xlink:to="apwc_EpanIndustriesPteMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_EpanIndustriesPteMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_EquityInvesteesMember" xlink:to="apwc_EquityInvesteesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_EquityInvesteesMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_EquitySecuritiesInPrivatelyheldCompaniesCostMethod" xlink:to="apwc_EquitySecuritiesInPrivatelyheldCompaniesCostMethod_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_EquitySecuritiesInPrivatelyheldCompaniesCostMethod_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ExchangeGainLoss" xlink:to="apwc_ExchangeGainLoss_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ExchangeGainLoss_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ExpendituresForAdditionsToLonglivedAssets" xlink:to="apwc_ExpendituresForAdditionsToLonglivedAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ExpendituresForAdditionsToLonglivedAssets_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ExpensesNotDeductibleForTaxPurposeimpairmentOfGoodwillNotDeductibleForTax" xlink:to="apwc_ExpensesNotDeductibleForTaxPurposeimpairmentOfGoodwillNotDeductibleForTax_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ExpensesNotDeductibleForTaxPurposeimpairmentOfGoodwillNotDeductibleForTax_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_FairValueOfRelatedGainsAndLosses" xlink:to="apwc_FairValueOfRelatedGainsAndLosses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_FairValueOfRelatedGainsAndLosses_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ForwardExchangePurchaseContractsMaturityDate" xlink:to="apwc_ForwardExchangePurchaseContractsMaturityDate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ForwardExchangePurchaseContractsMaturityDate_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ForwardExchangePurchaseContractsOutstanding" xlink:to="apwc_ForwardExchangePurchaseContractsOutstanding_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ForwardExchangePurchaseContractsOutstanding_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_FujikuraLimitedMember" xlink:to="apwc_FujikuraLimitedMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_FujikuraLimitedMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_FundedStatus" xlink:to="apwc_FundedStatus_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_FundedStatus_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_FutureMinimumPaymentsUnderCapitalLeasesAndNoncancellableOperatingLeasesTableTextBlock" xlink:to="apwc_FutureMinimumPaymentsUnderCapitalLeasesAndNoncancellableOperatingLeasesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_FutureMinimumPaymentsUnderCapitalLeasesAndNoncancellableOperatingLeasesTableTextBlock_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_FutureTaxableIncomeTableTextBlock" xlink:to="apwc_FutureTaxableIncomeTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_FutureTaxableIncomeTableTextBlock_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_GainOnLiquidationOfSubsidiary" xlink:to="apwc_GainOnLiquidationOfSubsidiary_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_GainOnLiquidationOfSubsidiary_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_GoodsMember" xlink:to="apwc_GoodsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_GoodsMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_HardLekMember" xlink:to="apwc_HardLekMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_HardLekMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_HeldtomaturityDebtSecurities" xlink:to="apwc_HeldtomaturityDebtSecurities_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_HeldtomaturityDebtSecurities_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_IncomeFromContinuingOperationsBeforeIncomeTaxes" xlink:to="apwc_IncomeFromContinuingOperationsBeforeIncomeTaxes_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_IncomeFromContinuingOperationsBeforeIncomeTaxes_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_IncomeTaxExpenseBenefit1" xlink:to="apwc_IncomeTaxExpenseBenefit1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_IncomeTaxExpenseBenefit1_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_InterestExpenseOfContinuingOperations" xlink:to="apwc_InterestExpenseOfContinuingOperations_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_InterestExpenseOfContinuingOperations_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_InterestIncomeOfContinuingOperations" xlink:to="apwc_InterestIncomeOfContinuingOperations_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_InterestIncomeOfContinuingOperations_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_InterestIncomeRelatedParty" xlink:to="apwc_InterestIncomeRelatedParty_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_InterestIncomeRelatedParty_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_InterestRate" xlink:to="apwc_InterestRate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_InterestRate_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_InterimPaymentDiscription" xlink:to="apwc_InterimPaymentDiscription_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_InterimPaymentDiscription_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_InterimPaymentReceived" xlink:to="apwc_InterimPaymentReceived_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_InterimPaymentReceived_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_InventoryImpairment" xlink:to="apwc_InventoryImpairment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_InventoryImpairment_doc" xml:lang="en-US">Inventory impairment</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_InventoryImpairment1" xlink:to="apwc_InventoryImpairment1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_InventoryImpairment1_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_InventoryImpairmentChargesRelatedToFloodingMember" xlink:to="apwc_InventoryImpairmentChargesRelatedToFloodingMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_InventoryImpairmentChargesRelatedToFloodingMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_InventoryImpairmentLowerOfCostOrMarketMember" xlink:to="apwc_InventoryImpairmentLowerOfCostOrMarketMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_InventoryImpairmentLowerOfCostOrMarketMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_Investment1Member" xlink:to="apwc_Investment1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_Investment1Member_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_Investment2Member" xlink:to="apwc_Investment2Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_Investment2Member_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_InvestmentInEquityInvesteeCompanies" xlink:to="apwc_InvestmentInEquityInvesteeCompanies_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_InvestmentInEquityInvesteeCompanies_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_InvestmentInSubordinatedDebentures" xlink:to="apwc_InvestmentInSubordinatedDebentures_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_InvestmentInSubordinatedDebentures_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ItalianThaiAndItsAffiliatesMember" xlink:to="apwc_ItalianThaiAndItsAffiliatesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ItalianThaiAndItsAffiliatesMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ItalianThaiDevelopmentPublicCompanyLimitedAndItsAffiliateMember" xlink:to="apwc_ItalianThaiDevelopmentPublicCompanyLimitedAndItsAffiliateMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ItalianThaiDevelopmentPublicCompanyLimitedAndItsAffiliateMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_LandUseRights" xlink:to="apwc_LandUseRights_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_LandUseRights_doc" xml:lang="en-US">Land use rights</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_LandUseRightsMember" xlink:to="apwc_LandUseRightsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_LandUseRightsMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_LoxleyPacificCompanyMember" xlink:to="apwc_LoxleyPacificCompanyMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_LoxleyPacificCompanyMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_MachineryMember" xlink:to="apwc_MachineryMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_MachineryMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ManufacturedProductsMember" xlink:to="apwc_ManufacturedProductsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ManufacturedProductsMember_doc" xml:lang="en-US">Manufactured products [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_MoonViewMember" xlink:to="apwc_MoonViewMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_MoonViewMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_MotorVehicles" xlink:to="apwc_MotorVehicles_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_MotorVehicles_doc" xml:lang="en-US">Motor vehicles</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_MyanmarMember" xlink:to="apwc_MyanmarMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_MyanmarMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_MyanmarSigmaCableCompanyMember" xlink:to="apwc_MyanmarSigmaCableCompanyMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_MyanmarSigmaCableCompanyMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_NatureOfInvestments" xlink:to="apwc_NatureOfInvestments_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_NatureOfInvestments_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_NetDeferredTaxAssets" xlink:to="apwc_NetDeferredTaxAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_NetDeferredTaxAssets_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_NetIncomeLossAttributableToApwc" xlink:to="apwc_NetIncomeLossAttributableToApwc_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_NetIncomeLossAttributableToApwc_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_NetIncomeLossAttributableToNonControllingInterest1" xlink:to="apwc_NetIncomeLossAttributableToNonControllingInterest1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_NetIncomeLossAttributableToNonControllingInterest1_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_NetIncomeLossInOperation" xlink:to="apwc_NetIncomeLossInOperation_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_NetIncomeLossInOperation_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_NetIncomeLossOfDiscontinuedOperations" xlink:to="apwc_NetIncomeLossOfDiscontinuedOperations_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_NetIncomeLossOfDiscontinuedOperations_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_NetNoncurrentDeferredTaxAssets" xlink:to="apwc_NetNoncurrentDeferredTaxAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_NetNoncurrentDeferredTaxAssets_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_NetPeriodicBenefitCost" xlink:to="apwc_NetPeriodicBenefitCost_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_NetPeriodicBenefitCost_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_NingboPacificCableMember" xlink:to="apwc_NingboPacificCableMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_NingboPacificCableMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_NoncurrentPortionIncludedInOtherNoncurrentLiabilities" xlink:to="apwc_NoncurrentPortionIncludedInOtherNoncurrentLiabilities_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_NoncurrentPortionIncludedInOtherNoncurrentLiabilities_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_NortheastAsiaMember" xlink:to="apwc_NortheastAsiaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_NortheastAsiaMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_OperatingLossCarryforwardCurrentYear" xlink:to="apwc_OperatingLossCarryforwardCurrentYear_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_OperatingLossCarryforwardCurrentYear_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_OperatingLossCarryforwardFifthYear" xlink:to="apwc_OperatingLossCarryforwardFifthYear_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_OperatingLossCarryforwardFifthYear_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_OperatingLossCarryforwardPreviousYear" xlink:to="apwc_OperatingLossCarryforwardPreviousYear_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_OperatingLossCarryforwardPreviousYear_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_OperatingLossCarryforwardThereafter" xlink:to="apwc_OperatingLossCarryforwardThereafter_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_OperatingLossCarryforwardThereafter_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_OperatingLossCarryforwardYearFour" xlink:to="apwc_OperatingLossCarryforwardYearFour_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_OperatingLossCarryforwardYearFour_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_OperatingLossCarryforwardYearOne" xlink:to="apwc_OperatingLossCarryforwardYearOne_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_OperatingLossCarryforwardYearOne_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_OperatingLossCarryforwardYearThree" xlink:to="apwc_OperatingLossCarryforwardYearThree_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_OperatingLossCarryforwardYearThree_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_OperatingLossCarryforwardYearTwo" xlink:to="apwc_OperatingLossCarryforwardYearTwo_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_OperatingLossCarryforwardYearTwo_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_OtherAdjustment" xlink:to="apwc_OtherAdjustment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_OtherAdjustment_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_OtherComprehensiveIncomeLossTax1" xlink:to="apwc_OtherComprehensiveIncomeLossTax1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_OtherComprehensiveIncomeLossTax1_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_OthersMember" xlink:to="apwc_OthersMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_OthersMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_OutsideBasisDifferences" xlink:to="apwc_OutsideBasisDifferences_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_OutsideBasisDifferences_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_OutstandingBankGuarantees" xlink:to="apwc_OutstandingBankGuarantees_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_OutstandingBankGuarantees_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PEWCMember" xlink:to="apwc_PEWCMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_PEWCMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PEWCSingaporeBranchMember" xlink:to="apwc_PEWCSingaporeBranchMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_PEWCSingaporeBranchMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PEWCSingaporeCoPteLtdMember" xlink:to="apwc_PEWCSingaporeCoPteLtdMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_PEWCSingaporeCoPteLtdMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PEWSMember" xlink:to="apwc_PEWSMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_PEWSMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PRCHoldingMember" xlink:to="apwc_PRCHoldingMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_PRCHoldingMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PacificElectricWireAndCableMember" xlink:to="apwc_PacificElectricWireAndCableMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_PacificElectricWireAndCableMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PacificThaiElectricWireAndCableCompanyMember" xlink:to="apwc_PacificThaiElectricWireAndCableCompanyMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_PacificThaiElectricWireAndCableCompanyMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PeoplesRepublicOfChinaEquityInvesteesMember" xlink:to="apwc_PeoplesRepublicOfChinaEquityInvesteesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_PeoplesRepublicOfChinaEquityInvesteesMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PeoplesRepublicOfChinaMember" xlink:to="apwc_PeoplesRepublicOfChinaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_PeoplesRepublicOfChinaMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PewcThailandCompanyMember" xlink:to="apwc_PewcThailandCompanyMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_PewcThailandCompanyMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PledgeOfShorttermDepositsAndAccountsReceivables" xlink:to="apwc_PledgeOfShorttermDepositsAndAccountsReceivables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_PledgeOfShorttermDepositsAndAccountsReceivables_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PowerCablesMember" xlink:to="apwc_PowerCablesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_PowerCablesMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PretaxIncomeLossFromContinuingOperationsNonEquityInvestees" xlink:to="apwc_PretaxIncomeLossFromContinuingOperationsNonEquityInvestees_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_PretaxIncomeLossFromContinuingOperationsNonEquityInvestees_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PretaxIncomeLossFromContinuingOperationsTableTextBlock" xlink:to="apwc_PretaxIncomeLossFromContinuingOperationsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_PretaxIncomeLossFromContinuingOperationsTableTextBlock_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PropertyPlantAndEquipmentEstimatedUsefulLives1" xlink:to="apwc_PropertyPlantAndEquipmentEstimatedUsefulLives1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_PropertyPlantAndEquipmentEstimatedUsefulLives1_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PurchaseOfFinancialInstruments" xlink:to="apwc_PurchaseOfFinancialInstruments_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_PurchaseOfFinancialInstruments_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PurchasesOfGoods" xlink:to="apwc_PurchasesOfGoods_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_PurchasesOfGoods_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_RateOfIncreaseInCompensationLevels" xlink:to="apwc_RateOfIncreaseInCompensationLevels_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_RateOfIncreaseInCompensationLevels_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_RawMaterialMember" xlink:to="apwc_RawMaterialMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_RawMaterialMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_RecoveryForDoubtfulAccounts" xlink:to="apwc_RecoveryForDoubtfulAccounts_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_RecoveryForDoubtfulAccounts_doc" xml:lang="en-US">Recovery for doubtful accounts</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_RelatedPartyMember" xlink:to="apwc_RelatedPartyMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_RelatedPartyMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_RelatedPartyTransactionCompanysOperatingSubsidiaries" xlink:to="apwc_RelatedPartyTransactionCompanysOperatingSubsidiaries_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_RelatedPartyTransactionCompanysOperatingSubsidiaries_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_RelatedPartyTransactionSalesFromRelatedParty" xlink:to="apwc_RelatedPartyTransactionSalesFromRelatedParty_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_RelatedPartyTransactionSalesFromRelatedParty_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ReturnToProvisionAdjustment" xlink:to="apwc_ReturnToProvisionAdjustment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ReturnToProvisionAdjustment_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_RevenueFromDiscontinuedOperations" xlink:to="apwc_RevenueFromDiscontinuedOperations_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_RevenueFromDiscontinuedOperations_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ReversalOfValuationAllowanceArisingFromliquidationOfSubsidiary" xlink:to="apwc_ReversalOfValuationAllowanceArisingFromliquidationOfSubsidiary_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ReversalOfValuationAllowanceArisingFromliquidationOfSubsidiary_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SPHCMember" xlink:to="apwc_SPHCMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_SPHCMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SalesRevenueGoodsGross1" xlink:to="apwc_SalesRevenueGoodsGross1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_SalesRevenueGoodsGross1_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SamrayIncMember" xlink:to="apwc_SamrayIncMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_SamrayIncMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ScheduleOfValuationAndQualifyingAccountsDisclosureTableTextBlock" xlink:to="apwc_ScheduleOfValuationAndQualifyingAccountsDisclosureTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ScheduleOfValuationAndQualifyingAccountsDisclosureTableTextBlock_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SegmentAssets" xlink:to="apwc_SegmentAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_SegmentAssets_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SegmentProfitLoss" xlink:to="apwc_SegmentProfitLoss_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_SegmentProfitLoss_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ShandongHuayuMember" xlink:to="apwc_ShandongHuayuMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ShandongHuayuMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ShandongHuayuPacificFiberOpticsCommunicationsCompanyMember" xlink:to="apwc_ShandongHuayuPacificFiberOpticsCommunicationsCompanyMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ShandongHuayuPacificFiberOpticsCommunicationsCompanyMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ShandongPacificFiberOpticsMember" xlink:to="apwc_ShandongPacificFiberOpticsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ShandongPacificFiberOpticsMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ShandongPacificRubberCableCompanyMember" xlink:to="apwc_ShandongPacificRubberCableCompanyMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ShandongPacificRubberCableCompanyMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ShandongYangguMember" xlink:to="apwc_ShandongYangguMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ShandongYangguMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ShandongYangguWireCableCorpLtdMember" xlink:to="apwc_ShandongYangguWireCableCorpLtdMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ShandongYangguWireCableCorpLtdMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ShanghaiYayangElectricMember" xlink:to="apwc_ShanghaiYayangElectricMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ShanghaiYayangElectricMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ShareCapitalRepurchase" xlink:to="apwc_ShareCapitalRepurchase_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ShareCapitalRepurchase_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ShareOfNetLossOfEquityInvestees" xlink:to="apwc_ShareOfNetLossOfEquityInvestees_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ShareOfNetLossOfEquityInvestees_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SharesPledged" xlink:to="apwc_SharesPledged_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_SharesPledged_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ShorttermBankDeposits" xlink:to="apwc_ShorttermBankDeposits_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ShorttermBankDeposits_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ShorttermBankDepositsTextBlock" xlink:to="apwc_ShorttermBankDepositsTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ShorttermBankDepositsTextBlock_doc" xml:lang="en-US">SHORT-TERM BANK DEPOSITS [Text Block]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SiamFiberOpticsCompanyMember" xlink:to="apwc_SiamFiberOpticsCompanyMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_SiamFiberOpticsCompanyMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SiamHoldingsMember" xlink:to="apwc_SiamHoldingsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_SiamHoldingsMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SiamPacificElectricWireAndCableCompanyMember" xlink:to="apwc_SiamPacificElectricWireAndCableCompanyMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_SiamPacificElectricWireAndCableCompanyMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SiamPacificHoldingCompanyMember" xlink:to="apwc_SiamPacificHoldingCompanyMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_SiamPacificHoldingCompanyMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SigmaCableCompanyMember" xlink:to="apwc_SigmaCableCompanyMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_SigmaCableCompanyMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SigmaEpanInternationalPteMember" xlink:to="apwc_SigmaEpanInternationalPteMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_SigmaEpanInternationalPteMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SigmaEpanMalaysiaMember" xlink:to="apwc_SigmaEpanMalaysiaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_SigmaEpanMalaysiaMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SingaporeMember" xlink:to="apwc_SingaporeMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_SingaporeMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SingvalePteMember" xlink:to="apwc_SingvalePteMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_SingvalePteMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SoutheastAsiaMember" xlink:to="apwc_SoutheastAsiaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_SoutheastAsiaMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SubsidiarysCustomerAccountedOfAccountsReceivable" xlink:to="apwc_SubsidiarysCustomerAccountedOfAccountsReceivable_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_SubsidiarysCustomerAccountedOfAccountsReceivable_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SupplyDeliveryAndInstallationOfWiresAndCables" xlink:to="apwc_SupplyDeliveryAndInstallationOfWiresAndCables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_SupplyDeliveryAndInstallationOfWiresAndCables_doc" xml:lang="en-US">Sales, delivery and installation of wires and cables</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SupplyDeliveryAndInstallationOfWiresAndCablesMember" xlink:to="apwc_SupplyDeliveryAndInstallationOfWiresAndCablesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_SupplyDeliveryAndInstallationOfWiresAndCablesMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_TaxIncomeForYear" xlink:to="apwc_TaxIncomeForYear_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_TaxIncomeForYear_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_TaxPercentageOnDividendsReceived" xlink:to="apwc_TaxPercentageOnDividendsReceived_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_TaxPercentageOnDividendsReceived_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_TermLoanFacility" xlink:to="apwc_TermLoanFacility_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_TermLoanFacility_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ThaiMetalProcessingCoLtdMember" xlink:to="apwc_ThaiMetalProcessingCoLtdMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ThaiMetalProcessingCoLtdMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ThailandEquityInvesteesMember" xlink:to="apwc_ThailandEquityInvesteesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ThailandEquityInvesteesMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ThailandMember" xlink:to="apwc_ThailandMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ThailandMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ThePeoplesRepublicOfChinaMember" xlink:to="apwc_ThePeoplesRepublicOfChinaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ThePeoplesRepublicOfChinaMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_TotalAssets" xlink:to="apwc_TotalAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_TotalAssets_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_TotalChargesOfContinuingOperations" xlink:to="apwc_TotalChargesOfContinuingOperations_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_TotalChargesOfContinuingOperations_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_TotalChargesOfDiscontinuingOperations" xlink:to="apwc_TotalChargesOfDiscontinuingOperations_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_TotalChargesOfDiscontinuingOperations_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_TotalComprehensiveIncomeLossAttributableToApwc" xlink:to="apwc_TotalComprehensiveIncomeLossAttributableToApwc_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_TotalComprehensiveIncomeLossAttributableToApwc_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_TotalSegmentRevenues" xlink:to="apwc_TotalSegmentRevenues_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_TotalSegmentRevenues_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_TradeFacilities" xlink:to="apwc_TradeFacilities_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_TradeFacilities_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_TradingFacilitySecuredByAssets" xlink:to="apwc_TradingFacilitySecuredByAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_TradingFacilitySecuredByAssets_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_TransactionsUndertakenWithRelatedPartiesTableTextBlock" xlink:to="apwc_TransactionsUndertakenWithRelatedPartiesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_TransactionsUndertakenWithRelatedPartiesTableTextBlock_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_TrigentInvestmentHoldingsMember" xlink:to="apwc_TrigentInvestmentHoldingsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_TrigentInvestmentHoldingsMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_TrustReceipts" xlink:to="apwc_TrustReceipts_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_TrustReceipts_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_UnabsorbedDepreciation" xlink:to="apwc_UnabsorbedDepreciation_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_UnabsorbedDepreciation_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_UnpaidRetirementBenefits" xlink:to="apwc_UnpaidRetirementBenefits_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_UnpaidRetirementBenefits_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_UnrecognizedActuarialLoss" xlink:to="apwc_UnrecognizedActuarialLoss_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_UnrecognizedActuarialLoss_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_UnrecognizedNetActuarialLossGain" xlink:to="apwc_UnrecognizedNetActuarialLossGain_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_UnrecognizedNetActuarialLossGain_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_UnrecognizedTaxBenefits1" xlink:to="apwc_UnrecognizedTaxBenefits1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_UnrecognizedTaxBenefits1_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_UnrestrictedShorttermBankDeposits" xlink:to="apwc_UnrestrictedShorttermBankDeposits_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_UnrestrictedShorttermBankDeposits_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_UnusedTaxLosses" xlink:to="apwc_UnusedTaxLosses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_UnusedTaxLosses_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_UtilizationOfPriorYearTaxLosses" xlink:to="apwc_UtilizationOfPriorYearTaxLosses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_UtilizationOfPriorYearTaxLosses_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ValuationAllowance" xlink:to="apwc_ValuationAllowance_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ValuationAllowance_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ValueAddedTaxDisclosureTextBlock" xlink:to="apwc_ValueAddedTaxDisclosureTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ValueAddedTaxDisclosureTextBlock_doc" xml:lang="en-US">VALUE ADDED TAX (""""VAT"""") [Text Block]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ValueAddedTaxRates" xlink:to="apwc_ValueAddedTaxRates_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ValueAddedTaxRates_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_VietnamMember" xlink:to="apwc_VietnamMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_VietnamMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_WrittenOffDeferredTax" xlink:to="apwc_WrittenOffDeferredTax_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_WrittenOffDeferredTax_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_WrittenoffDeferredTaxAssetsArisingFromliquidationOfSubsidiary" xlink:to="apwc_WrittenoffDeferredTaxAssetsArisingFromliquidationOfSubsidiary_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_WrittenoffDeferredTaxAssetsArisingFromliquidationOfSubsidiary_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DisposalOfSubsidiary" xlink:to="apwc_DisposalOfSubsidiary_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_DisposalOfSubsidiary_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ShareOfNetLossOfEquityInvestees1" xlink:to="apwc_ShareOfNetLossOfEquityInvestees1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ShareOfNetLossOfEquityInvestees1_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DefinedBenefitPlanServiceCost1" xlink:to="apwc_DefinedBenefitPlanServiceCost1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_DefinedBenefitPlanServiceCost1_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DefinedBenefitPlanInterestCost1" xlink:to="apwc_DefinedBenefitPlanInterestCost1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_DefinedBenefitPlanInterestCost1_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_BillAndHoldArrangement" xlink:to="apwc_BillAndHoldArrangement_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_BillAndHoldArrangement_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ImpairmentChargeOnLongLivedAssets" xlink:to="apwc_ImpairmentChargeOnLongLivedAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ImpairmentChargeOnLongLivedAssets_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_OpenLettersOfCreditMember" xlink:to="apwc_OpenLettersOfCreditMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_OpenLettersOfCreditMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_StockRepurchasedDuringPeriodShares1" xlink:to="apwc_StockRepurchasedDuringPeriodShares1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_StockRepurchasedDuringPeriodShares1_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ValuationAllowancesAndReservesCurrencyTranslationAdjustment" xlink:to="apwc_ValuationAllowancesAndReservesCurrencyTranslationAdjustment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ValuationAllowancesAndReservesCurrencyTranslationAdjustment_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ValuationAllowancesAndReservesNetChargeCreditToIncome" xlink:to="apwc_ValuationAllowancesAndReservesNetChargeCreditToIncome_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ValuationAllowancesAndReservesNetChargeCreditToIncome_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_UnrecognizedTaxBenefitsSettlements" xlink:to="apwc_UnrecognizedTaxBenefitsSettlements_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_UnrecognizedTaxBenefitsSettlements_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_QuantityOfRawMaterial" xlink:to="apwc_QuantityOfRawMaterial_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_QuantityOfRawMaterial_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_EntityWideRevenueMajorCustomer" xlink:to="apwc_EntityWideRevenueMajorCustomer_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_EntityWideRevenueMajorCustomer_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SubsidiariesAndEquityInvesteeOfCompanyTableTextBlock" xlink:to="apwc_SubsidiariesAndEquityInvesteeOfCompanyTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_SubsidiariesAndEquityInvesteeOfCompanyTableTextBlock_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_RecoveryOfLossFromFlooding" xlink:to="apwc_RecoveryOfLossFromFlooding_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_RecoveryOfLossFromFlooding_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_DeferredTaxRelatedToDefinedBenefitPension" xlink:to="apwc_DeferredTaxRelatedToDefinedBenefitPension_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_DeferredTaxRelatedToDefinedBenefitPension_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PlacementOfUnrestrictedShorttermBankDepositsToFinancialInstitutions" xlink:to="apwc_PlacementOfUnrestrictedShorttermBankDepositsToFinancialInstitutions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_PlacementOfUnrestrictedShorttermBankDepositsToFinancialInstitutions_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PlacementOfRestrictedShorttermBankDepositsToFinancialInstitutions" xlink:to="apwc_PlacementOfRestrictedShorttermBankDepositsToFinancialInstitutions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_PlacementOfRestrictedShorttermBankDepositsToFinancialInstitutions_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_MaturityOfRestrictedShorttermBankDepositsFromFinancialInstitutions" xlink:to="apwc_MaturityOfRestrictedShorttermBankDepositsFromFinancialInstitutions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_MaturityOfRestrictedShorttermBankDepositsFromFinancialInstitutions_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_AccumulatedOtherComprehensiveIncomeLossTextBlock" xlink:to="apwc_AccumulatedOtherComprehensiveIncomeLossTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_AccumulatedOtherComprehensiveIncomeLossTextBlock_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ScheduleOfRentExpense1TableTextBlock" xlink:to="apwc_ScheduleOfRentExpense1TableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_ScheduleOfRentExpense1TableTextBlock_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_AccruedBenefitCost" xlink:to="apwc_AccruedBenefitCost_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_AccruedBenefitCost_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_PriorServiceCreditCost" xlink:to="apwc_PriorServiceCreditCost_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_PriorServiceCreditCost_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_EmployeeTurnoverRates3" xlink:to="apwc_EmployeeTurnoverRates3_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_EmployeeTurnoverRates3_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_UnrealizedLossOnAvailableForSaleSecuritiesMember" xlink:to="apwc_UnrealizedLossOnAvailableForSaleSecuritiesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_UnrealizedLossOnAvailableForSaleSecuritiesMember_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_TreasurySharesPolicyTextBlcok" xlink:to="apwc_TreasurySharesPolicyTextBlcok_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_TreasurySharesPolicyTextBlcok_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest1" xlink:to="apwc_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="apwc_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest1_doc" xml:lang="en-US">Custom Element.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_ThePeoplesRepublicOfChinaMember" xlink:to="apwc_ThePeoplesRepublicOfChinaMember_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="apwc_ThePeoplesRepublicOfChinaMember_3_lbl" xml:lang="en-US">ThePeoplesRepublicOfChinaMember</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:to="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_2_lbl" xml:lang="en-US">Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TreasuryStockValue" xlink:to="us-gaap_TreasuryStockValue_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TreasuryStockValue_2_lbl" xml:lang="en-US">Treasury Stock, Value</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquity" xlink:to="us-gaap_StockholdersEquity_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockholdersEquity_3_lbl" xml:lang="en-US">Stockholders' Equity Attributable to Parent</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent" xlink:to="us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent_2_lbl" xlink:type="arc" />
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_SupplyDeliveryAndInstallationOfWiresAndCables" xlink:to="apwc_SupplyDeliveryAndInstallationOfWiresAndCables_3_lbl" xlink:type="arc" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CostOfGoodsSold_2_lbl" xml:lang="en-US">Cost of Goods Sold</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="apwc_CostOfSalesSupplyDeliveryAndInstallationOfWiresAndCables" xlink:to="apwc_CostOfSalesSupplyDeliveryAndInstallationOfWiresAndCables_3_lbl" xlink:type="arc" />
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  <us-gaap:IncreaseDecreaseInOtherNoncurrentAssets decimals="-3" contextRef="From2011-01-01to2011-12-31" unitRef="Dollars">-343000</us-gaap:IncreaseDecreaseInOtherNoncurrentAssets>
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  <us-gaap:IncreaseDecreaseInOtherCurrentAssets decimals="-3" contextRef="From2011-01-01to2011-12-31" unitRef="Dollars">-7508000</us-gaap:IncreaseDecreaseInOtherCurrentAssets>
  <us-gaap:IncreaseDecreaseInInventories decimals="-3" contextRef="FY2010_d" unitRef="Dollars">-8595000</us-gaap:IncreaseDecreaseInInventories>
  <us-gaap:IncreaseDecreaseInInventories decimals="-3" contextRef="From2012-01-01to2012-12-31" unitRef="Dollars">-12022000</us-gaap:IncreaseDecreaseInInventories>
  <us-gaap:IncreaseDecreaseInInventories decimals="-3" contextRef="From2011-01-01to2011-12-31" unitRef="Dollars">-5539000</us-gaap:IncreaseDecreaseInInventories>
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  <us-gaap:IncreaseDecreaseInAccountsReceivable decimals="-3" contextRef="From2012-01-01to2012-12-31" unitRef="Dollars">-23103000</us-gaap:IncreaseDecreaseInAccountsReceivable>
  <us-gaap:IncreaseDecreaseInAccountsReceivable decimals="-3" contextRef="From2011-01-01to2011-12-31" unitRef="Dollars">34052000</us-gaap:IncreaseDecreaseInAccountsReceivable>
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  <us-gaap:ProceedsFromBankDebt decimals="-3" contextRef="From2011-01-01to2011-12-31" unitRef="Dollars">31319000</us-gaap:ProceedsFromBankDebt>
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  <us-gaap:RepaymentsOfBankDebt decimals="-3" contextRef="From2011-01-01to2011-12-31" unitRef="Dollars">22503000</us-gaap:RepaymentsOfBankDebt>
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  <us-gaap:PaymentsOfDividends decimals="-3" contextRef="From2011-01-01to2011-12-31" unitRef="Dollars">3195000</us-gaap:PaymentsOfDividends>
  <apwc:AcquisitionOfNoncontrollingInterest decimals="-3" contextRef="FY2010_d" unitRef="Dollars">0</apwc:AcquisitionOfNoncontrollingInterest>
  <apwc:AcquisitionOfNoncontrollingInterest decimals="-3" contextRef="From2012-01-01to2012-12-31" unitRef="Dollars">877000</apwc:AcquisitionOfNoncontrollingInterest>
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  <apwc:NetIncomeLossInOperation xsi:nil="true" contextRef="From2010-01-01to2010-12-31_CommonStockMember" unitRef="Dollars"/>
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  <apwc:NetIncomeLossInOperation decimals="-3" contextRef="From2010-01-01to2010-12-31_RetainedEarningsMember" unitRef="Dollars">14140000</apwc:NetIncomeLossInOperation>
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   &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="width: 78%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Unrestricted short-term bank deposits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2,529&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;6,210&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Restricted short-term bank deposits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;12,024&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;11,217&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;14,553&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;17,427&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</us-gaap:ScheduleOfCashCashEquivalentsAndShortTermInvestmentsTableTextBlock>
  <us-gaap:ScheduleOfGoodwillTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Goodwill of $8,801 as of December 31,&#13;2010 relating to the manufactured products segment and the changes in the carrying amount of goodwill are as follows:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="width: 89%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Balance as of December 31, 2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Disposal of a subsidiary&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Impairment charge&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Balance as of December 31, 2012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</us-gaap:ScheduleOfGoodwillTextBlock>
  <us-gaap:SummaryInvestmentHoldingsTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;A summary of the carrying values and&#13;balance sheet classification of all investments in debt, equity securities and available-for-sale securities disclosed above was&#13;as follows:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="6" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;December 31,&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2011&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2012&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="width: 78%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Available-for-sale equity securities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Held-to-maturity debt securities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2,378&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Short-term investments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2,378&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Held-to-maturity debt securities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;360&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Equity securities in privately-held companies (cost method)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;618&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;642&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Long-term investments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;618&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,002&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total investments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;618&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;3,380&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</us-gaap:SummaryInvestmentHoldingsTextBlock>
  <us-gaap:SummaryOfInvestmentHoldingsScheduleOfInvestmentsTableTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;A summary of the carrying values and balance sheet classification&#13;of all investments in debt, equity securities and available-for-sale securities was as follows:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="6" style="text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Investment carrying value at&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="6" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;December 31,&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Nature&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Contracted maturity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%; text-indent: 9pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Interest rate&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%; text-indent: 9pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2011&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%; text-indent: 9pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2012&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Fixed maturities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Two weeks to one month&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;3% to 4&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2,378&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="width: 38%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Subordinated debentures&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 25%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;10 years&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 9%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;4.375&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 9%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 9%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;360&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total Held-to-maturity&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2,738&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</us-gaap:SummaryOfInvestmentHoldingsScheduleOfInvestmentsTableTextBlock>
  <apwc:BankLoansAndOverdraftsTableTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Bank loans and overdrafts consist of&#13;the following:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td rowspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%"&gt;&lt;font style="font-size: 8pt"&gt;As of December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 70%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 15%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%"&gt;&lt;font style="font-size: 8pt"&gt;2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%"&gt;&lt;font style="font-size: 8pt"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; line-height: 115%; text-indent: -5.95pt"&gt;&lt;font style="font-size: 8pt"&gt;Bank loans and overdrafts&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"&gt;&lt;font style="font-size: 8pt"&gt;$ 13,886&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%"&gt;&lt;font style="font-size: 8pt"&gt;$ 23,844&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-left: 28.75pt; text-indent: -28.75pt; line-height: 115%"&gt;&lt;font style="font-size: 8pt"&gt;Trust receipts &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%; text-indent: 22pt"&gt;&lt;font style="font-size: 8pt"&gt;38,927&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; line-height: 115%; text-indent: 22pt"&gt;&lt;font style="font-size: 8pt"&gt;34,001&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-left: 1.25pt; text-indent: -1.25pt; line-height: 115%"&gt;&lt;font style="font-size: 8pt"&gt;Total bank loans and overdrafts&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-bottom: 3pt; padding-left: 5.4pt; text-align: right; line-height: 115%"&gt;&lt;font style="font-size: 8pt"&gt;$ 52,813 &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-bottom: 3pt; padding-left: 5.4pt; text-align: right; line-height: 115%"&gt;&lt;font style="font-size: 8pt"&gt;$ 57,845 &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&lt;font style="color: black"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&lt;/p&gt;</apwc:BankLoansAndOverdraftsTableTextBlock>
  <us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The following table sets forth the computation&#13;of basic and diluted earnings (loss) attributable to common shareholders per share:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="10" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Years ended December 31,&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2010&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2011&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2012&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Numerator:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="width: 67%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Income (loss) attributable to APWC from continuing operations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;14,142&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(6,832&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;12,486&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Income (loss) attributable to APWC from discontinued operations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(2&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,393&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Net income (loss) attributable to APWC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;14,140&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(5,439&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;12,486&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Denominator (in number of shares):&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Weighted-average common shares outstanding - basic and diluted&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;13,830,769&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;13,830,769&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;13,828,869&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Earnings (loss) per share - basic and diluted&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Continuing operations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1.02&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(0.49&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;0.90&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Discontinued operations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(0.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;0.10&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;0.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total earnings (loss) per share - basic and diluted&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; 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   &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;0.90&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock>
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   &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net charge (credit) to income&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Deduction&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Currency translation adjustment&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13; 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   &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,341&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;12,256&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; 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  <apwc:PretaxIncomeLossFromContinuingOperationsTableTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Pre-tax income (loss) from continuing&#13;operations was taxed in the following jurisdictions:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="10" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Year ended December 31,&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2010&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2011&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2012&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="width: 67%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Thailand&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;24,750&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;8,760&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;23,265&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Singapore&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13; 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   &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Australia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2,176&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;3,130&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;5,426&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;The People&amp;#146;s Republic of China&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;6,921&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;985&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(142&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Myanmar&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;279&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; 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   &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(2,212&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;31,853&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;694&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;28,851&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Equity investees&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="text-indent: 9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Thailand&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(2&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="text-indent: 9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;The People&amp;#146;s Republic of China&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(21&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(58&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(19&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;31,832&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;636&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;28,830&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</apwc:PretaxIncomeLossFromContinuingOperationsTableTextBlock>
  <us-gaap:SummaryOfIncomeTaxContingenciesTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in"&gt;&lt;/p&gt;

&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td colspan="5" style="padding-right: 10pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;Year ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 55%; padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2010&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 2%; padding-right: 10pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2011&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 2%; padding-right: 10pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Allocated to net income (loss)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Current:&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt; padding-left: 8.6pt"&gt;&lt;font style="font-size: 8pt"&gt;Thailand&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 4,069&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 4,869&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 4,442&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt; padding-left: 8.6pt"&gt;&lt;font style="font-size: 8pt"&gt;Singapore&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;382&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt; padding-left: 8.6pt"&gt;&lt;font style="font-size: 8pt"&gt;PRC&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,324&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;679&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;149&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt; padding-left: 8.6pt"&gt;&lt;font style="font-size: 8pt"&gt;Australia&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1pt solid; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;956&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1pt solid; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,291&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1pt solid; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,069&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.55pt"&gt;&lt;font style="font-size: 8pt"&gt;Total current&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1pt solid; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;6,349&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1pt solid; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;6,839&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1pt solid; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;6,042&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.55pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Deferred:&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt; padding-left: 8.6pt"&gt;&lt;font style="font-size: 8pt"&gt;Thailand&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;170&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(1,446)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,583&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt; padding-left: 8.6pt"&gt;&lt;font style="font-size: 8pt"&gt;Singapore&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;59&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(154)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;512&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt; padding-left: 8.6pt"&gt;&lt;font style="font-size: 8pt"&gt;PRC&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;197&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(43)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(192)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt; padding-left: 8.6pt"&gt;&lt;font style="font-size: 8pt"&gt;Australia&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1pt solid; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(262)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1pt solid; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(316)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1pt solid; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;438&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.55pt"&gt;&lt;font style="font-size: 8pt"&gt;Total deferred&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1pt solid; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;164&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1pt solid; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(1,959)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1pt solid; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;2,341&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td&gt;
        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0.55pt 0 0; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0.55pt 0 0"&gt;The benefits of operating loss carried forwards&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid"&gt;
        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 8pt 0 0; text-align: right; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 8pt 0 0; text-align: right"&gt;(72)&lt;/p&gt;
        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 8pt 0 0; text-align: right; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid"&gt;
        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 8pt 0 0; text-align: right; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 8pt 0 0; text-align: right"&gt;(314)&lt;/p&gt;
        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 8pt 0 0; text-align: right; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1pt solid; padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid"&gt;
        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 8pt 0 0; text-align: right; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 8pt 0 0; text-align: right"&gt;&amp;#150;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt double; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 6,441&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt double; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 4,566&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt double; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 8,383&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top; padding-right: 0.55pt"&gt;&lt;font style="font-size: 8pt"&gt;Allocated to other comprehensive income (loss)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; border-bottom: black 1.5pt double; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 84&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; border-bottom: black 1.5pt double; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ &amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; border-bottom: black 1.5pt double; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (1,045)&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;&lt;/table&gt;</us-gaap:SummaryOfIncomeTaxContingenciesTextBlock>
  <us-gaap:ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;The&#13;reconciliation of the statutory tax rate and the Company&amp;#146;s effective tax rate is as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="10" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Year&#13;    ended December 31,&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Income tax at statutory tax rate in:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2010&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2011&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2012&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="width: 67%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Tax provision at statutory&#13;    rate (30%)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;9,608&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;191&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;6,631&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Foreign income taxed at different rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;881&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,350&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;695&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Expenses not deductible for tax purpose&amp;#160;Impairment&#13;    of goodwill not deductible for tax&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,684&amp;#160;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;753&amp;#160;2,637&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;169&amp;#160;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Written-off deferred tax assets arising&#13;    from&amp;#160;liquidation of a subsidiary&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;3,633&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Reversal of valuation allowance arising&#13;    from&amp;#160;liquidation of a subsidiary&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(3,633&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Utilization of prior year tax losses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(6,186&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Changes in valuation allowance&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2,473&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(291&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;466&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Written-off deferred tax&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;215&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;184&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Tax exempt on income&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(2,583&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(1,453&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(26&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Difference due to effect of tax holidays&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(583&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Unrecognized tax benefits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;354&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,026&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;34&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Deferred tax liability arising from&amp;#160;undistributed&#13;    earnings&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;578&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;193&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;429&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Effect of temporary tax rate changes on&#13;    deferred tax assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;862&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;408&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Return to provision adjustment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(8&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(702&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(607&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total tax income for the year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;6,441&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;4,566&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;8,383&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</us-gaap:ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock>
  <us-gaap:ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;Deferred tax liabilities and assets comprised the following:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="6" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;As of December 31&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2011&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2012&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Deferred tax liabilities:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="width: 78%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Outside basis differences&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(2,172&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(2,650&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total deferred tax liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(2,172&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(2,650&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Deferred tax assets:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Unused tax losses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,181&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,140&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Allowance for doubtful accounts&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;682&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;372&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Inventory impairment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;744&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;359&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Allowance for impairment in investment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;933&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;913&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Rebates and other accrued liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,980&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,299&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Unpaid retirement benefits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;854&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;660&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Charges related to flooding&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;874&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;8&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Deferred revenue and cost of sales&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;320&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;625&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Actuarial gain (loss)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,045&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Unabsorbed depreciation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;320&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;960&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total deferred tax assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;7,568&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;7,381&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Valuation allowance for deferred tax assets (note 10)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(875&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(1,341&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total deferred tax assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;6,693&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;6,040&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Net deferred tax assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;4,521&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;3,390&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</us-gaap:ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock>
  <apwc:AmountOfDeferredTaxLiabilitiesAndAssetsTableTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;The amount of deferred tax liabilities and assets at December&#13;31, 2011 and 2012 were as follows:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="6" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;As of December 31,&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2011&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2012&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="width: 78%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Gross current deferred tax liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(49&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(63&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Gross current deferred tax assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;5,234&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;3,282&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Valuation allowance for deferred tax assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(85&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;5,234&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;3,197&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Net current deferred tax assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;5,185&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;3,134&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Gross non-current deferred tax liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(2,123&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(2,587&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Gross non-current deferred tax assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2,334&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;4,099&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Valuation allowance for deferred tax assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(875&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(1,256&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,459&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2,843&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Net non-current deferred tax assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(664&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;256&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Net deferred tax assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;4,521&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;3,390&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</apwc:AmountOfDeferredTaxLiabilitiesAndAssetsTableTextBlock>
  <apwc:DeferredTaxLiabilitiesAndAssetsAccompanyingConsolidatedBalanceSheetsTableTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;The deferred tax liabilities and assets are presented in the&#13;accompanying consolidated balance sheets as follows:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="6" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;As of December 31,&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2011&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2012&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="width: 78%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Deferred tax assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; border-bottom: black 1.5pt solid; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;5,185&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; border-bottom: black 1.5pt solid; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;3,134&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;5,185&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;3,134&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Non-current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Deferred tax assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;517&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2,475&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Deferred tax liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(1,181&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(2,219&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total non-current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(664&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;256&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="width: 78%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Net deferred tax assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;4,521&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;3,390&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</apwc:DeferredTaxLiabilitiesAndAssetsAccompanyingConsolidatedBalanceSheetsTableTextBlock>
  <apwc:FutureTaxableIncomeTableTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;As of each of December 31, 2012 and 2012, the Company has&#13;available unused net operating losses that may be applied against future taxable income and that expire as follows:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Date of expiration&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2011&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2012&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="width: 78%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;656&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;461&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;477&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2014&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;853&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;864&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2015&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;356&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;361&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2016&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;839&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;856&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,661&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;No expiration&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,801&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;4,966&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;4,219&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</apwc:FutureTaxableIncomeTableTextBlock>
  <us-gaap:ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;A reconciliation of the beginning and&#13;ending amounts of unrecognized tax benefits is as follows:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Change in Uncertain Tax Positions&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="10" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;As of December 31,&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2010&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2011&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%; text-indent: 36pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2012&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="width: 67%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Balance at January 1&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2,198&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2,332&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2,640&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Additions based on tax positions related to the current year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;134&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;308&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Additions for tax positions of prior years&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Settlements&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Decrease due to lapses in statute of limitions&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(338&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Balance at December 31&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2,332&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2,640&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2,302&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</us-gaap:ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock>
  <us-gaap:ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The amount of related interest and penalties&#13;the Company have provided as of the dates listed below were:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="10" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;As of December 31,&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2010&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2011&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%; text-indent: 36pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2012&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="width: 67%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Accrued interest on unrecognized tax benefits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,373&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,783&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2,143&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Accrued penalties on&amp;#160;unrecognized tax benefits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,948&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2,256&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2,284&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total accrued interest and penalties on Unrecognized tax benefits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;3,321&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;4,039&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;4,427&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</us-gaap:ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock>
  <apwc:FutureMinimumPaymentsUnderCapitalLeasesAndNoncancellableOperatingLeasesTableTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="margin: 0pt"&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 100%; font: 8pt/115% Calibri, Helvetica, Sans-Serif; text-align: justify"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Future minimum payments under capital leases and non-cancellable operating leases with initial terms of one year or more consisted of the following as of December 31, 2012:&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Capital Leases&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Operating Leases&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="width: 78%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;179&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,033&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2014&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;47&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;682&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2015&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;30&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;276&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2016&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;5&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;187&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;186&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Thereafter&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2,317&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Net minimum lease payments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;261&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;4,681&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Less: amount representing interest&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(18&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Present value of net minimum lease payments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;243&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Less: non-current portion included in other non-current&amp;#160;&amp;#160;liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(76&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Current portion included in other current liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;167&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&#13;&lt;p style="margin: 0pt"&gt;&lt;/p&gt;</apwc:FutureMinimumPaymentsUnderCapitalLeasesAndNoncancellableOperatingLeasesTableTextBlock>
  <us-gaap:ScheduleOfRentExpenseTableTextBlock contextRef="From2012-01-01to2012-12-31">&lt;table cellspacing="0" cellpadding="0" style="width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 100%; font: 8pt/115% Calibri, Helvetica, Sans-Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Rental expense consisted of the following:&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2010&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2011&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2012&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="width: 67%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Rentals under operating leases&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;937&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;911&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,196&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</us-gaap:ScheduleOfRentExpenseTableTextBlock>
  <us-gaap:ScheduleOfRestructuringAndRelatedCostsTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The following table summarizes the flood&#13;related charges for the year ended December 31, 2011 and 2012:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="6" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;As of December 31&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2011&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2012&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="width: 78%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Inventory write-down&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;3,572&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Property, plant and equipment impairment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;25&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Repairing charges&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;350&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;888&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total charges&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;3,947&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;888&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</us-gaap:ScheduleOfRestructuringAndRelatedCostsTextBlock>
  <apwc:RelatedPartyTransactionCompanysOperatingSubsidiaries contextRef="From2012-01-01to2012-12-31">&lt;p style="margin: 0pt"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Fujikura Limited is a shareholder of&#13;one of the Company&amp;#146;s Operating Subsidiaries in Thailand.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="6" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;December 31,&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2011&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2012&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Due from:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="width: 78%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;PEWC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,797&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;542&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;PEWC, Singapore Branch&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,071&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,101&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Italian-Thai Development Public Company Limited (&amp;#147;Italian-Thai&amp;#148;) and its affiliates&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,180&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13; 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   &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Short-term loan from:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Moon View Ventures Limited (&amp;#147;Moon View&amp;#148;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,732&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;195&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,732&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;195&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&#13;&lt;p style="margin: 0pt"&gt;&lt;/p&gt;</apwc:RelatedPartyTransactionCompanysOperatingSubsidiaries>
  <us-gaap:ScheduleOfRelatedPartyTransactionsTableTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;The transactions undertaken with related parties are summarized&#13;as follows:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="10" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Year ended December 31,&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2010&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2011&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2012&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="width: 67%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Purchases of copper from PEWC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;42,236&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;44,466&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;21,443&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Purchases of power cables from PEWC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;3,846&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;7,164&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;8,705&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Purchases of raw materials from Thai Metal&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Processing Co. Ltd&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,153&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,139&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,340&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Purchases of goods from PEWC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;210&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;320&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;378&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Purchases of goods from Fujikura Limited&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2,536&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,348&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,074&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Purchases of machinery from PEWC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;203&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Sales to Italian Thai and its affiliates&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;3,741&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;3,663&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2,563&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Sales to PEWC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;65&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;106&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Interest expense paid to PEWC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Interest expense paid to PEWC Singapore Co. (Pte) Ltd&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;14&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;13&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;14&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Interest income from Italian Thai Development Public Co Ltd&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Management fee paid to PEWC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;204&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;239&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;388&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Management fee received from PEWC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;19&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;19&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Management fee received from PEWC, Singapore Branch&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;14&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;14&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;15&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Management fee received from Italian Thai Development Public Co., Ltd&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;34&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Dividend income from Thai Metal Processing Co. Ltd.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;106&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;109&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Information technology service fee paid to PEWC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;35&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;38&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;136&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</us-gaap:ScheduleOfRelatedPartyTransactionsTableTextBlock>
  <us-gaap:DeferredCompensationArrangementWithIndividualDisclosurePostretirementBenefitsTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The following table sets forth the Plan&amp;#146;s&#13;funded status and pension amounts recognized as at December 31, 2010, 20111 mer accounted form 10% of eased from 95.8% to 100%.insd)ch&#13;to completely pay off the term loan by end of February 2013. o2011 and 2012 based on the latest actuarial valuation:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2010&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2011&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2012&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Change in benefit obligation:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="width: 67%; text-indent: 9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Benefit obligation at beginning of year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13; 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   &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;302&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;181&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;192&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; 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   &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;128&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="text-indent: 9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Benefits paid&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(61&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13; 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   &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Change in plan assets:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="text-indent: 9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Fair value of plan assets at beginning of year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Employer&amp;#146;s contribution&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Fair value of plan assets at end of year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Funded status&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(2,761&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(2,935&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(5,840&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Unrealized net transition obligation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Unrecognized net actuarial loss (gain)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Accrued benefit cost&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(2,761&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(2,935&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(5,840&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Components of net periodic benefit cost:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="text-indent: 9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Service cost&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;302&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;181&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;192&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="text-indent: 9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Interest cost&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;223&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;106&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;128&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Amortizations of:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="text-indent: 9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Unrecognized net prior service cost (credit)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(8&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(8&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(7&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="text-indent: 9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Unrecognized actuarial loss&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;22&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;9&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;151&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Other adjustment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;387&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Net periodic benefit cost&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;539&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;288&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;851&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Amounts recognized in accumulated other comprehensive loss&amp;#160;consist of the following: (recognized under ASC 715)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Actuarial loss&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;669&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;602&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;748&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Prior service (credit) cost&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(129&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;7&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2,862&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total recognized in other comprehensive loss&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;540&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;609&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;3,610&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</us-gaap:DeferredCompensationArrangementWithIndividualDisclosurePostretirementBenefitsTextBlock>
  <us-gaap:ScheduleOfAccumulatedAndProjectedBenefitObligationsTableTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;The significant assumptions used in determining the actuarial&#13;present value of the projected benefit obligations as of December 31, 2011 and 2012 are as follows:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2011&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2012&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="width: 78%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Discount Rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;4.2&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;4.0&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Rate of Increase in Compensation Levels&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;6.0% - 8.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;6.0&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Employee turnover rates:-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Prior to age 35&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;4.0% - 15.0&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;4.0% - 15.0&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Age 35 to 50&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2.0% - 7.0&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2.0% - 7.0&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Age 51 to 60&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;0.0% - 2.0&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;0.0% - 2.0&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</us-gaap:ScheduleOfAccumulatedAndProjectedBenefitObligationsTableTextBlock>
  <us-gaap:DiscontinuedOperationsPolicyTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Results from discontinued operations&#13;related to SPFO for the years ended December 31, 2009 and 2010 and period ended November 30, 2011 are as follows:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="10" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Year ended December 31,&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2009&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2010&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2011&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="width: 67%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Net sales&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;35,993&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;22,736&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;30,210&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Cost of sales&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(30,244&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(18,072&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(25,111&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Gross profit&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;5,749&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;4,664&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;5,099&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Selling, general and administrative expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(4,456&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(3,545&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(4,809&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Recovery of doubtful accounts&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;752&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;377&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;68&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Income from discontinued operations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2,045&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,496&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;358&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Exchange gain, net&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;20&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Interest income&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;110&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;129&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Interest expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(1,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(1,197&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(1,336&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Other income (expenses)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;85&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;37&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(38&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Income (loss) before income tax&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,150&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;446&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(887&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Gain on disposal of SPFO&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,962&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Income from operations of discontinued SPFO&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,150&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;446&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,075&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Income tax&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(697&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(450&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(229&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Net income (loss) of discontinued operations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;453&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(4&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;846&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Net income (loss) attributable to non-controlling interests&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;222&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(2&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(547&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Net income (loss) attributable to APWC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;231&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(2&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,393&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</us-gaap:DiscontinuedOperationsPolicyTextBlock>
  <apwc:TransactionsUndertakenWithRelatedPartiesTableTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;The transactions undertaken with related parties are summarized&#13;as follows:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="10" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Year ended December 31,&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2009&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2010&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2011&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="width: 67%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Purchases of goods from Shandong Yanggu&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;17&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;317&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Sales to Shandong Yanggu&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;96&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;536&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Sales to SPRC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;160&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;157&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Interest expense paid to Shandong Yanggu&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;63&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Management fee paid to Shandong Yanggu&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;387&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</apwc:TransactionsUndertakenWithRelatedPartiesTableTextBlock>
  <us-gaap:ScheduleOfSegmentReportingInformationBySegmentTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="margin: 0pt"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.4pt"&gt;&lt;i&gt;Description of&#13;Products by Segments&lt;/i&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify"&gt;In accordance with ASC 280,&#13;&lt;i&gt;&amp;#147;Segment Reporting&amp;#148;&lt;/i&gt;, the chief operating decision maker has been identified as the chief operating officer,&#13;who reviews consolidated results when making decisions about allocating resources and assessing performance of the Company. According&#13;to the management approach, the Company currently operates in three operating segments: (1) manufacturing of wire and cable products&#13;(&amp;#147;Manufactured products&amp;#148;), (2) distribution of copper and cable products manufactured by PEWC and third party suppliers&#13;(&amp;#147;Distributed products&amp;#148;) and (3) SDI.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;i&gt;Measurement&#13;of Segment Profit or Loss and Segment Assets&lt;/i&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -20pt"&gt;&lt;i&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/i&gt;The&#13;Company evaluates performance and allocates resources based on gross profit. The accounting policies of the reportable segments,&#13;including transactions entered between reportable segments, are the same as those described in the summary of significant accounting&#13;policies.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: -36pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="5" style="padding-right: 10pt; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Year ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 55%; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 10pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2010&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; font-style: italic; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;i&gt;Revenues&lt;/i&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Revenues from external customers:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Manufactured products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 396,059&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 429,474&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 401,023&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Distributed products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%; text-indent: 22pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;26,935&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%; text-indent: 22pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;25,500&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%; text-indent: 22pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;54,797&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Supply, delivery and installation of wires and cables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 4.5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;23,600&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 18pt; text-align: right; line-height: 115%; text-indent: 22pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;16,972&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 18pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 18pt; text-align: right; line-height: 115%; text-indent: 27.5pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;6,445&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total revenues from external customers&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 446,594&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 471,946&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 462,265&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Intersegment revenues:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 10pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Manufactured products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 10pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 3,143&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 10pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 10pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 3,283&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 10pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 10pt; text-align: right; line-height: 115%; font-family: Calibri, Helvetica, Sans-Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ &lt;/font&gt;&lt;font style="font-family: Courier New, Courier, Monospace"&gt;&amp;#150;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 10pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Distributed products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; padding-left: 10pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;9,898&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 10pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; padding-left: 10pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;13,960&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 10pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; padding-left: 10pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;12,449&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total intersegment revenues&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 13,041&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 17,243&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 12,449&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total segment revenues&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 459,635&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 489,189&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 474,714&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; font-style: italic; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;i&gt;Reconciling item&lt;/i&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Elimination of intersegment revenues&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; padding-left: 18pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(13,041)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; padding-left: 18pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(17,243)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; padding-left: 18pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(12,449)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total revenues &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 0.55pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 446,594&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 471,946&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 462,265&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: -36pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: -36pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="5" style="padding-right: 10pt; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Year ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 57%; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 12%; border-bottom: windowtext 1pt solid; padding-right: 10pt; text-align: center; line-height: 115%; text-indent: 27.5pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2010&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 4%; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 12%; border-bottom: windowtext 1pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 10pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 12%; border-bottom: windowtext 1pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; font-style: italic; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;i&gt;Segment profit&lt;/i&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.55pt; padding-left: 18.1pt; text-indent: -9.05pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Manufactured products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 53,429&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18.1pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 42,876&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 44,665&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Distributed products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,378&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2,955&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;3,361&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;SDI&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;242&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 18pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;57&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(1,015)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.55pt; padding-left: 18.1pt; text-indent: -9.05pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Inventory impairment &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,974&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(1,993)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;4,804&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total segment profit&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 57,023&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 43,895&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 51,815&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; font-style: italic; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;i&gt;Reconciling items&lt;/i&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Corporate and other expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(28,371)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(42,079)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(32,984)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Exchange gain (loss)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;3,041&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(1,346)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2,398&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Interest income&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;492&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,409&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,555&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Recovery of loss from flooding&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;4,762&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Gain on liquidation of a subsidiary&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;279&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Interest expense&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(1,364)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(2,217)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(2,195)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Share of net loss of equity investees&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(21)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(58)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(21)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Other income&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,032&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,032&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; text-indent: 5.5pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,684&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 11pt; text-indent: -11pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Income from continuing operations before income taxes &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 31,832&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 11pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 636&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 27,293&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="padding-right: 22pt; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;As of December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 70%; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 16.5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; font-style: italic; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;i&gt;Segment assets&lt;/i&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-align: justify; line-height: 115%; text-indent: -9pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Manufactured products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 326,960&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 362,092&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-align: justify; line-height: 115%; text-indent: -9pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Distributed products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;4,369&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;16,711&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 18pt; text-align: justify; line-height: 115%; text-indent: -9pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;SDI&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;357&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;257&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: justify; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total segment assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 331,686&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 379,060&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: justify; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; font-style: italic; line-height: 115%; text-align: justify"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;i&gt;Reconciling items&lt;/i&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-align: justify; line-height: 115%; text-indent: -9pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Corporate and other assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1,168&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;5,910&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-align: justify; line-height: 115%; text-indent: -9pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Investment in equity investee companies&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;4,435&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;4,414&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: justify; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total assets &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 337,289&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; text-indent: 5.5pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 389,384&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="5" style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Year ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; width: 55%; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; width: 2%; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 10pt; text-align: center; line-height: 115%; text-indent: 27.5pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2010&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 2%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 10pt; text-align: center; line-height: 115%; text-indent: 27.5pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 2%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 10pt; text-align: center; line-height: 115%; text-indent: 15.95pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; font-style: italic; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;i&gt;Expenditures for additions to long-lived assets&lt;/i&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Manufactured products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 3,650&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 8,775&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; text-indent: 5.5pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 10,922&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Distributed products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;SDI&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Corporate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;113&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; text-indent: 11pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;15&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 9pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total expenditure for additions to long-lived assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 3,653&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 8,888&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 10,937&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: -36pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="5" style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Year ended December 31,&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; width: 54%; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; width: 2%; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; width: 13%; border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2010&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; width: 2%; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; width: 13%; border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; width: 2%; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; width: 13%; border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; font-style: italic; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;i&gt;Depreciation expenses&lt;/i&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.55pt; padding-left: 18.1pt; text-indent: -9.05pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Manufactured products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ (6,474)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ (6,014)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ (4,918)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.55pt; padding-left: 18.1pt; text-indent: -9.05pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Distributed products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.55pt; padding-left: 18.1pt; text-indent: -9.05pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;SDI&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.55pt; padding-left: 18.1pt; text-indent: -9.05pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Corporate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: windowtext 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(14)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: windowtext 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(52)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: windowtext 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(57)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Depreciation expenses of continuing operations &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ (6,488)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-left: 6.8pt; text-align: right; line-height: 115%; text-indent: -6.8pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ (6,066)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-left: 6.8pt; text-align: right; line-height: 115%; text-indent: -6.8pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ (4,975)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.55pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Depreciation expenses of discontinued operations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: windowtext 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(369)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: windowtext 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(396)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: windowtext 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total depreciation expenses &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(6,857)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(6,462)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(4,975)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; font-style: italic; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;i&gt;Impairment loss of long-lived assets and goodwill&lt;/i&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Manufactured products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ &amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ (8,816) &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ (22) &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Distributed products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%; text-indent: 5.5pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3.35pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3.35pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;SDI&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3.35pt; text-align: right; line-height: 115%; text-indent: 22pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3.35pt; text-align: right; line-height: 115%; text-indent: 22pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Corporate &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total impairment loss &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ &amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ (8,816)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ (22) &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; font-style: italic; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;i&gt;Interest income&lt;/i&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Manufactured products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 454&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 1,305&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 1,421&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Distributed products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;27&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%; text-indent: 16.5pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;81&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%; text-indent: 16.5pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;65&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;SDI&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;11&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Corporate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;20&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;68&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 7.55pt; text-indent: -7.55pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total interest income of continuing operations &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 492&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 1,409&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 1,555&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; font-style: italic; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;i&gt;Interest expense&lt;/i&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Manufactured products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ (1,203)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ (2,050)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ (2,017)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Distributed products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(73)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(88)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(120)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;SDI&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(39)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(39)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(11)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Corporate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(49)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(40)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(47)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 7.55pt; text-indent: -7.55pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total interest expense of continuing operations and discontinuing operations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ (1,364)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ (2,217)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ (2,195)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: -36pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 16.2pt 0 36pt; text-align: justify; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;There&#13;is no sales of 10% or more of the total revenue to a single customer for the year ended 2010, 2011 and 2012.&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 16.2pt 0 36pt; text-align: justify; text-indent: -36pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: -0.55pt"&gt;Geographic Area Data&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: -36pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 16.2pt 0 36pt; text-align: justify; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Revenue&#13;from external customers is attributed to individual countries based on the customer&amp;#146;s country of domicile and is summarized&#13;as follows:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: -36pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="5" style="padding-right: 10pt; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Year ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 55%; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 10pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2010&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Revenues from external customers&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Continuing operations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Thailand&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 165,191&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 176,011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 167,762&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Singapore&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;70,154&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;86,474&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;93,285&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Australia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;46,288&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;61,457&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;64,402&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;PRC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;146,529&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;138,970&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;120,763&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Vietnam&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;9,752&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;5,106&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;6,366&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Southeast Asia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;8,680&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;3,928&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;7,376&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Northeast Asia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5pt; text-align: right; line-height: 115%; text-indent: 55pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: right; line-height: 115%; text-indent: 60.5pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2,311&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 446,594&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 471,946&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 462,265&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Revenue from discontinued operations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 22,736&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 30,210&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ &amp;#150;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: white"&gt;&#13;    &lt;td colspan="7"&gt;&#13;        &lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0.7pt 0 0; text-indent: 36pt"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0.7pt 0 0"&gt;Countries in the Southeast Asia region include:&lt;/p&gt;&#13;        &lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0.7pt 0 20.7pt; text-indent: -35.45pt"&gt;-&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;        - Cambodia, Indonesia, India, Laos, Malaysia and Myanmar&lt;/p&gt;&#13;        &lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0.7pt 0 0; text-indent: 36pt"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0.7pt 0 0"&gt;Countries in the Northeast Asia region include:&lt;/p&gt;&#13;        &lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0.7pt 0 13.65pt; text-indent: -34.9pt"&gt;-&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;        - Japan and South Korea&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0.7pt 0 0; text-indent: 36pt"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0.7pt 0 0"&gt;Long-lived assets by the country of domicile are&#13;        summarized as follow:&lt;/p&gt;&#13;        &lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 5pt 0 0; text-align: right; text-indent: 36pt"&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="5" style="padding-right: 5pt; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;As of December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: white"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2010&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Long-lived assets by area:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Thailand&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 27,928&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 19,894&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 23,360&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Singapore&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;8,987&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;10,339&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;10,474&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Australia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;3,520&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;6,119&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;6,035&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;PRC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;12,261&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;6,500&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;10,487&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;8&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;62&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;40&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total long-lived assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 52,702&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 42,914&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 50,396&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&#13;&#13;&lt;p style="margin: 0pt"&gt;&lt;/p&gt;</us-gaap:ScheduleOfSegmentReportingInformationBySegmentTextBlock>
  <us-gaap:ScheduleOfCondensedBalanceSheetTableTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;The following tables present summarized financial information&#13;of the Company&amp;#146;s principal equity investees, Lox Pac, SPHC, Shandong Huayu and SPRC.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="6" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;As of December 31,&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2011&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2012&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Unaudited&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Unaudited&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="width: 78%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Current assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;54,968&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;82,231&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Non-current assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;17,961&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;17,381&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Current liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(44,870&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(72,389&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Non-current liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(1,156&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(303&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total shareholders&amp;#146; equity&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;26,903&lt;/font&gt;&lt;/td&gt;&#13; 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  <us-gaap:UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions xsi:nil="true" contextRef="From2012-01-01to2012-12-31" unitRef="Dollars"/>
  <us-gaap:UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions decimals="-3" contextRef="From2011-01-01to2011-12-31" unitRef="Dollars">308000</us-gaap:UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions>
  <us-gaap:UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions xsi:nil="true" contextRef="FY2010_d" unitRef="Dollars"/>
  <us-gaap:UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions xsi:nil="true" contextRef="From2012-01-01to2012-12-31" unitRef="Dollars"/>
  <us-gaap:UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions xsi:nil="true" contextRef="From2011-01-01to2011-12-31" unitRef="Dollars"/>
  <apwc:UnrecognizedTaxBenefitsSettlements xsi:nil="true" contextRef="FY2010_d" unitRef="Dollars"/>
  <apwc:UnrecognizedTaxBenefitsSettlements xsi:nil="true" contextRef="From2012-01-01to2012-12-31" unitRef="Dollars"/>
  <apwc:UnrecognizedTaxBenefitsSettlements xsi:nil="true" contextRef="From2011-01-01to2011-12-31" unitRef="Dollars"/>
  <us-gaap:UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations xsi:nil="true" contextRef="FY2010_d" unitRef="Dollars"/>
  <us-gaap:UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations decimals="-3" contextRef="From2012-01-01to2012-12-31" unitRef="Dollars">-338000</us-gaap:UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations>
  <us-gaap:UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations xsi:nil="true" contextRef="From2011-01-01to2011-12-31" unitRef="Dollars"/>
  <apwc:QuantityOfRawMaterial contextRef="AsOf2012-12-31">22,590 to 28,445 metric tons</apwc:QuantityOfRawMaterial>
  <us-gaap:UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate decimals="-3" contextRef="FY2011_e" unitRef="Dollars">2332000</us-gaap:UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate>
  <us-gaap:UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate decimals="-3" contextRef="AsOf2010-12-31" unitRef="Dollars">2302000</us-gaap:UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate>
  <apwc:EntityWideRevenueMajorCustomer contextRef="FY2010_d">10% or More</apwc:EntityWideRevenueMajorCustomer>
  <apwc:EntityWideRevenueMajorCustomer contextRef="From2012-01-01to2012-12-31">10% or More</apwc:EntityWideRevenueMajorCustomer>
  <apwc:EntityWideRevenueMajorCustomer contextRef="From2011-01-01to2011-12-31">10% or More</apwc:EntityWideRevenueMajorCustomer>
  <apwc:SubsidiariesAndEquityInvesteeOfCompanyTableTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The subsidiaries of the Company are set&#13;out below:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font: bold 8pt/115% Times New Roman, Times, Serif; text-decoration: underline"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Place of incorporation and operations&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="6" style="border-bottom: black 1pt solid"&gt;&#13;        &lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;&lt;b&gt;Percentage of&lt;/b&gt;&lt;/p&gt;&#13;        &lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;&lt;b&gt;equity interest&lt;/b&gt;&lt;/p&gt;&#13;        &lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;&lt;b&gt;As of December 31,&lt;/b&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1pt solid; font: bold 8pt/115% Times New Roman, Times, Serif; text-align: center"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2011&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1pt solid; font: bold 8pt/115% Times New Roman, Times, Serif; text-align: center"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2012&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font: bold 8pt/115% Times New Roman, Times, Serif; text-decoration: underline"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;The British Virgin Islands&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="width: 76%; font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Asia Pacific Wire &amp;#38; Cable General Holdings Ltd&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;100&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;100&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;PRC (APWC) Holding Ltd.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;100&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;100&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Samray Inc.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;100&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;100&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Siam (APWC) Holdings Ltd.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;100&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;100&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Moon View Ltd.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;100&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;100&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Trigent Investment Holdings Limited&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;100&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;100&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Crown Century Holdings Ltd.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;100&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13; 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(&amp;#147;Ningbo Pacific&amp;#148;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;95.80&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;100&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13; 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   &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;54.41&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Pacific Electric Wire &amp;#38; Cable (Shenzhen) Co., Ltd (&amp;#147;PEWS&amp;#148;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;100&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;100&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font: bold 8pt/115% Times New Roman, Times, Serif; text-decoration: underline"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Place of incorporation and operations&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="6" style="border-bottom: black 1pt solid"&gt;&#13;        &lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;&lt;b&gt;Percentage of&lt;/b&gt;&lt;/p&gt;&#13;        &lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;&lt;b&gt;equity interest&lt;/b&gt;&lt;/p&gt;&#13;        &lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;&lt;b&gt;As of December 31,&lt;/b&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1pt solid; font: bold 8pt/115% Times New Roman, Times, Serif; text-align: center"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2011&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1pt solid; font: bold 8pt/115% Times New Roman, Times, Serif; text-align: center"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2012&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font: bold 8pt/115% Times New Roman, Times, Serif; text-decoration: underline"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Hong Kong&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="width: 76%; font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Crown Century Holdings Limited (&amp;#147;CCH (HK)&amp;#148;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;100&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;100&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="font: bold 8pt/115% Times New Roman, Times, Serif; text-decoration: underline"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Australia&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Australia Pacific Electric Cable Pty Limited (&amp;#147;APEC&amp;#148;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;99.40&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;99.40&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="font: bold 8pt/115% Times New Roman, Times, Serif; text-decoration: underline"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Thailand&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td&gt;&#13;        &lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;Charoong Thai Wire and Cable Public Company Limited&lt;/p&gt;&#13;        &lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;(&amp;#147;Charoong Thai&amp;#148;)*&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;50.93&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;50.93&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td&gt;&#13;        &lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;Siam Pacific Electric Wire &amp;#38; Cable Company Limited&lt;/p&gt;&#13;        &lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;(&amp;#147;Siam-Pacific&amp;#148;)&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;50.93&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;50.93&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Double D Cable Company Limited (&amp;#147;Double D&amp;#148;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;0&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;50.93&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(pre- operating stage)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Hard Lek Limited (&amp;#147;Hard Lek&amp;#148;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;73.98&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;73.98&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;APWC (Thailand) Co., Ltd&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;99.48&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;99.48&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;PEWC (Thailand) Co., Ltd&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;99.48&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;99.48&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;CTW Beta Co. Ltd.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;50.89&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;50.89&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Siam Fiber Optics Co. Ltd&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;30.56&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;30.56&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;* Charoong Thai is listed on the Stock Exchange of Thailand&#13;and is engaged in the manufacturing of wire and cable products for the power and telecommunications industries in Thailand.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;ii) The equity investees of the Company are set out below:&lt;/p&gt;&#13;&#13;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font: bold 8pt/115% Times New Roman, Times, Serif; text-decoration: underline"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Place of incorporation and operations&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="6" style="border-bottom: black 1pt solid"&gt;&#13;        &lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;&lt;b&gt;Percentage of&lt;/b&gt;&lt;/p&gt;&#13;        &lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;&lt;b&gt;equity interest&lt;/b&gt;&lt;/p&gt;&#13;        &lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;&lt;b&gt;As of December 31,&lt;/b&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1pt solid; font: bold 8pt/115% Times New Roman, Times, Serif; text-align: center"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2011&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1pt solid; font: bold 8pt/115% Times New Roman, Times, Serif; text-align: center"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2012&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font: bold 8pt/115% Times New Roman, Times, Serif; text-decoration: underline"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;The People&amp;#146;s Republic of China&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="width: 76%; font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Shandong Huayu Pacific Fiber Optics Communications Co., Ltd. (&amp;#147;Shandong Huayu&amp;#148;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;48.73&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;48.73&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%; font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Shandong Pacific Rubber Cable Co., Ltd. (&amp;#147;SPRC&amp;#148;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;25.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;25.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="font: bold 8pt/115% Times New Roman, Times, Serif; text-decoration: underline"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Thailand&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Siam Pacific Holding Company Limited (&amp;#147;SPHC&amp;#148;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;49.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;49.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Loxley Pacific Co., Ltd. (&amp;#147;Lox Pac&amp;#148;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;21.39&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;21.39&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 8pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt"&gt;&amp;#160;&lt;/p&gt;</apwc:SubsidiariesAndEquityInvesteeOfCompanyTableTextBlock>
  <us-gaap:ScheduleOfExpectedBenefitPaymentsTableTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The following pension benefit payments,&#13;which reflect expected future service, as appropriate, are expected to be paid:&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font: bold 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Year ended December 31&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="width: 83%; font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14%; font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;453&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2014&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;21&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2015&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;619&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2016&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;254&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;301&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2018 - 2022&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2,248&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-bottom: 2.15pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.15pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;3,896&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="padding-bottom: 2.15pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 8pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt"&gt;&amp;#160;&lt;/p&gt;</us-gaap:ScheduleOfExpectedBenefitPaymentsTableTextBlock>
  <us-gaap:ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Revenue from external customers is attributed&#13;to individual countries based on the customer&amp;#146;s country of domicile and is summarized as follows:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="10" style="border-bottom: black 1pt solid; font: bold 8pt/115% Times New Roman, Times, Serif; text-align: center"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Year ended December 31,&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1pt solid; font: bold 8pt/115% Times New Roman, Times, Serif; text-align: center"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2010&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1pt solid; font: bold 8pt/115% Times New Roman, Times, Serif; text-align: center"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2011&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1pt solid; font: bold 8pt/115% Times New Roman, Times, Serif; text-align: center"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2012&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Revenues from external customers&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Continuing operations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="width: 64%; font: 8pt/115% Times New Roman, Times, Serif; text-indent: 9pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Thailand&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;165,191&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;176,011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;167,762&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-indent: 9pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Singapore&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;70,154&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;86,474&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;93,285&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-indent: 9pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Australia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;46,288&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;61,457&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;64,402&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-indent: 9pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;The People&amp;#146;s Republic of China&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;146,529&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;138,970&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;120,763&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-indent: 9pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Vietnam&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;9,752&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;5,106&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;6,366&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-indent: 9pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Southeast Asia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;8,680&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;3,928&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;7,376&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-indent: 9pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Northeast Asia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2,311&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-bottom: 2.15pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.15pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;446,594&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="padding-bottom: 2.15pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.15pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;471,946&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="padding-bottom: 2.15pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.15pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;462,265&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="padding-bottom: 2.15pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Revenue from discontinued operations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.15pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;22,736&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="padding-bottom: 2.15pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.15pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;30,210&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="padding-bottom: 2.15pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.15pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="padding-bottom: 2.15pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td colspan="12" style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Long-lived assets by the country of domicile are summarized as follow:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Long-lived assets by area:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-indent: 9pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Thailand&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;27,926&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;19,894&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;23,360&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-indent: 9pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Singapore&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;8,987&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;10,339&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;10,474&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-indent: 9pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Australia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;3,520&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;6,119&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;6,035&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-indent: 9pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;The People&amp;#146;s Republic of China&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;12,261&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;6,500&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;10,487&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif; text-indent: 9pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;8&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;62&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;40&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="padding-bottom: 1.05pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total long-lived assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.15pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;52,702&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="padding-bottom: 2.15pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.15pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;42,914&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="padding-bottom: 2.15pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.15pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; font: 8pt/115% Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;50,396&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="padding-bottom: 2.15pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 8pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt"&gt;&amp;#160;&lt;/p&gt;</us-gaap:ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock>
  <us-gaap:IncomeTaxReconciliationOtherAdjustments xsi:nil="true" contextRef="FY2010_d" unitRef="Dollars"/>
  <us-gaap:IncomeTaxReconciliationOtherAdjustments decimals="-3" contextRef="From2012-01-01to2012-12-31" unitRef="Dollars">-607000</us-gaap:IncomeTaxReconciliationOtherAdjustments>
  <us-gaap:IncomeTaxReconciliationOtherAdjustments decimals="-3" contextRef="From2011-01-01to2011-12-31" unitRef="Dollars">-702000</us-gaap:IncomeTaxReconciliationOtherAdjustments>
  <us-gaap:IncomeTaxReconciliationTaxExemptIncome decimals="-3" contextRef="FY2010_d" unitRef="Dollars">-2583000</us-gaap:IncomeTaxReconciliationTaxExemptIncome>
  <us-gaap:IncomeTaxReconciliationTaxExemptIncome decimals="-3" contextRef="From2012-01-01to2012-12-31" unitRef="Dollars">-26000</us-gaap:IncomeTaxReconciliationTaxExemptIncome>
  <us-gaap:IncomeTaxReconciliationTaxExemptIncome decimals="-3" contextRef="From2011-01-01to2011-12-31" unitRef="Dollars">-1453000</us-gaap:IncomeTaxReconciliationTaxExemptIncome>
  <us-gaap:IncomeTaxReconciliationTaxHolidays decimals="-3" contextRef="FY2010_d" unitRef="Dollars">-583000</us-gaap:IncomeTaxReconciliationTaxHolidays>
  <us-gaap:IncomeTaxReconciliationTaxHolidays xsi:nil="true" contextRef="From2012-01-01to2012-12-31" unitRef="Dollars"/>
  <us-gaap:IncomeTaxReconciliationTaxHolidays xsi:nil="true" contextRef="From2011-01-01to2011-12-31" unitRef="Dollars"/>
  <us-gaap:IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate decimals="-3" contextRef="FY2010_d" unitRef="Dollars">9608000</us-gaap:IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate>
  <us-gaap:IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate decimals="-3" contextRef="From2012-01-01to2012-12-31" unitRef="Dollars">6631000</us-gaap:IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate>
  <us-gaap:IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate decimals="-3" contextRef="From2011-01-01to2011-12-31" unitRef="Dollars">191000</us-gaap:IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate>
  <apwc:DeferredTaxAssetsNetNoncurrent1 decimals="-3" contextRef="AsOf2012-12-31" unitRef="Dollars">256000</apwc:DeferredTaxAssetsNetNoncurrent1>
  <apwc:DeferredTaxAssetsNetNoncurrent1 decimals="-3" contextRef="FY2011_e" unitRef="Dollars">-664000</apwc:DeferredTaxAssetsNetNoncurrent1>
  <us-gaap:OtherPrepaidExpenseCurrent decimals="-3" contextRef="AsOf2012-12-31" unitRef="Dollars">6738000</us-gaap:OtherPrepaidExpenseCurrent>
  <us-gaap:OtherPrepaidExpenseCurrent decimals="-3" contextRef="FY2011_e" unitRef="Dollars">9716000</us-gaap:OtherPrepaidExpenseCurrent>
  <us-gaap:CommonStockValue decimals="-3" contextRef="AsOf2012-12-31" unitRef="Dollars">138000</us-gaap:CommonStockValue>
  <us-gaap:CommonStockValue decimals="-3" contextRef="FY2011_e" unitRef="Dollars">138000</us-gaap:CommonStockValue>
  <us-gaap:CommitmentsAndContingencies xsi:nil="true" contextRef="AsOf2012-12-31" unitRef="Dollars"/>
  <us-gaap:CommitmentsAndContingencies xsi:nil="true" contextRef="FY2011_e" unitRef="Dollars"/>
  <us-gaap:CommonStockSharesIssued decimals="INF" contextRef="AsOf2012-12-31" unitRef="Share">13830769</us-gaap:CommonStockSharesIssued>
  <us-gaap:CommonStockSharesIssued decimals="INF" contextRef="FY2011_e" unitRef="Share">13830769</us-gaap:CommonStockSharesIssued>
  <us-gaap:CommonStockSharesAuthorized decimals="INF" contextRef="AsOf2012-12-31" unitRef="Share">50000000</us-gaap:CommonStockSharesAuthorized>
  <us-gaap:CommonStockSharesAuthorized decimals="INF" contextRef="FY2011_e" unitRef="Share">50000000</us-gaap:CommonStockSharesAuthorized>
  <us-gaap:CommonStockSharesOutstanding decimals="INF" contextRef="AsOf2012-12-31" unitRef="Share">13828869</us-gaap:CommonStockSharesOutstanding>
  <us-gaap:CommonStockSharesOutstanding decimals="INF" contextRef="FY2011_e" unitRef="Share">13828869</us-gaap:CommonStockSharesOutstanding>
  <us-gaap:TreasuryStockShares decimals="INF" contextRef="AsOf2012-12-31" unitRef="Share">1900</us-gaap:TreasuryStockShares>
  <us-gaap:TreasuryStockShares decimals="INF" contextRef="FY2011_e" unitRef="Share">1900</us-gaap:TreasuryStockShares>
  <apwc:RecoveryOfLossFromFlooding decimals="-3" contextRef="FY2010_d" unitRef="Dollars">0</apwc:RecoveryOfLossFromFlooding>
  <apwc:RecoveryOfLossFromFlooding decimals="-3" contextRef="From2012-01-01to2012-12-31" unitRef="Dollars">4762000</apwc:RecoveryOfLossFromFlooding>
  <apwc:RecoveryOfLossFromFlooding decimals="-3" contextRef="From2011-01-01to2011-12-31" unitRef="Dollars">0</apwc:RecoveryOfLossFromFlooding>
  <us-gaap:RevenueFromRelatedParties decimals="-3" contextRef="FY11d_ManufacturedProductsMember" unitRef="Dollars">3663000</us-gaap:RevenueFromRelatedParties>
  <us-gaap:RevenueFromRelatedParties decimals="-3" contextRef="FY11d_DiscontinuedOperationMember" unitRef="Dollars">317000</us-gaap:RevenueFromRelatedParties>
  <us-gaap:RevenueFromRelatedParties decimals="-3" contextRef="FY10d_DiscontinuedOperationMember" unitRef="Dollars">4000</us-gaap:RevenueFromRelatedParties>
  <us-gaap:RevenueFromRelatedParties decimals="-3" contextRef="FY10d_ManufacturedProductsMember" unitRef="Dollars">3806000</us-gaap:RevenueFromRelatedParties>
  <us-gaap:RevenueFromRelatedParties decimals="-3" contextRef="From2012-01-01to2012-12-31_ManufacturedProductsMember" unitRef="Dollars">2669000</us-gaap:RevenueFromRelatedParties>
  <us-gaap:RelatedPartiesAmountInCostOfSales decimals="-3" contextRef="FY11d_ManufacturedProductsMember" unitRef="Dollars">46953000</us-gaap:RelatedPartiesAmountInCostOfSales>
  <us-gaap:RelatedPartiesAmountInCostOfSales decimals="-3" contextRef="FY11d_DiscontinuedOperationMember" unitRef="Dollars">693000</us-gaap:RelatedPartiesAmountInCostOfSales>
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  <apwc:PlacementOfRestrictedShorttermBankDepositsToFinancialInstitutions decimals="-3" contextRef="FY2010_d" unitRef="Dollars">-12638000</apwc:PlacementOfRestrictedShorttermBankDepositsToFinancialInstitutions>
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  <apwc:PlacementOfRestrictedShorttermBankDepositsToFinancialInstitutions decimals="-3" contextRef="From2011-01-01to2011-12-31" unitRef="Dollars">-13906000</apwc:PlacementOfRestrictedShorttermBankDepositsToFinancialInstitutions>
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  <us-gaap:PaymentsToAcquirePropertyPlantAndEquipment decimals="-3" contextRef="From2011-01-01to2011-12-31" unitRef="Dollars">8888000</us-gaap:PaymentsToAcquirePropertyPlantAndEquipment>
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  <us-gaap:ProceedsFromSaleOfPropertyPlantAndEquipment decimals="-3" contextRef="FY2010_d" unitRef="Dollars">147000</us-gaap:ProceedsFromSaleOfPropertyPlantAndEquipment>
  <us-gaap:ProceedsFromSaleOfPropertyPlantAndEquipment decimals="-3" contextRef="From2012-01-01to2012-12-31" unitRef="Dollars">173000</us-gaap:ProceedsFromSaleOfPropertyPlantAndEquipment>
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  <us-gaap:OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0pt"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;Asia&#13;Pacific Wire &amp;#38; Cable Corporation Limited (&amp;#147;APWC&amp;#148; or the &amp;#147;Company&amp;#148;), which is a subsidiary of Pacific&#13;Electric Wire &amp;#38; Cable Co., Ltd. (&amp;#147;PEWC&amp;#148;), a Taiwanese company, was incorporated as an exempted company in Bermuda&#13;on September 19, 1996 under the Companies Act 1981 of Bermuda (as amended) for the purpose of acting as a holding company. The&#13;Company is principally engaged in owning operating companies engaged in the power cable, telecommunication cable, enameled wire&#13;and electronic cable industry.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify"&gt;The Company&amp;#146;s operating subsidiaries&#13;(the &amp;#147;Operating Subsidiaries&amp;#148;) are engaged in the manufacturing and distribution of telecommunications, power cable&#13;and enameled wire products in Singapore, Thailand, Australia, the People&amp;#146;s Republic of China (&amp;#147;PRC&amp;#148;) and other&#13;markets in the Asia Pacific region. Major customers of the Operating Subsidiaries include government organizations, electric contracting&#13;firms, electrical dealers, and wire and cable factories. The Company&amp;#146;s Operating Subsidiaries also engage in the distribution&#13;of certain wire and cable products manufactured by PEWC and third parties. In certain markets, the Company also provides project&#13;engineering services to customers through its supply, delivery and installation (the &amp;#147;SDI&amp;#148;) business segment.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify"&gt;The Company was listed on the New York&#13;Stock Exchange in March 1997. On December 24, 2001, the staff of the New York Stock Exchange (&amp;#147;NYSE&amp;#148;) announced that&#13;it had determined that the trading of the common shares of APWC should be suspended prior to December 31, 2001. The decision was&#13;reached in view of the fact that the Company&amp;#146;s share price had fallen below NYSE&amp;#146;s continued listing standards. Following&#13;the delisting of the Company&amp;#146;s common shares on the NYSE, the Company&amp;#146;s common shares were traded under the ticker&#13;AWRCF, on the Over-the-Counter Bulletin Board (&amp;#147;OTC BB&amp;#148;), operated by the National Association of Securities Dealers,&#13;Inc. (&amp;#147;NASD&amp;#148;). After the Company failed to timely file its annual report on Form 20-F for the 2004 fiscal year, the&#13;Company was delisted from the OTC BB in August 2005 and thereafter its common shares were quoted on the &amp;#147;pink sheets&amp;#148;&#13;market by Pink Sheets LLC, a privately owned company that provides pricing and financial information for over-the-counter securities.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;On June 28, 2007, SOF Investment,&#13;L.P. (&amp;#147;SOF&amp;#148;), a Delaware limited partnership controlled by MSD Capital, L.P. acquired 20% of the issued and outstanding&#13;shares of the Company from a private equity investor and entered into a shareholders&amp;#146; agreement with the Company and PEWC.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;On April 9, 2008, the Company was&#13;listed again and began trading its common shares on the OTC BB after completing all reporting requirements and filing all outstanding&#13;financial reports with the US Securities and Exchange Commission (&amp;#147;SEC&amp;#148;). The Company is subject to the reporting requirements&#13;under the Securities Exchange Act of 1934.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;On March 30, 2009, SOF sold 10.2%&#13;of the issued and outstanding shares of the Company to PEWC. PEWC is currently holding 65.6% of the equity of the Company and COF&#13;(as successor-in-interest to SOF) is holding 9.8%. The remaining 24.6% of the issued and outstanding common shares were publicly&#13;traded on the Over-the-Counter Bulletin Board (&amp;#147;OTC BB&amp;#148;) prior to that date.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;On April 29, 2011, the Company&amp;#146;s&#13;common shares commenced trading on NASDAQ Capital Market tier.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;As of July 1, 2011, SOF transferred&#13;its 9.8% interest in the Company to MSD Credit Opportunity Master Fund, L.P. (&amp;#147;COF&amp;#148;), which became a party to the shareholders&#13;agreement, as amended and restated on March 27, 2009 (the &amp;#147;Amended Shareholders Agreement&amp;#148;), and succeeded to all of&#13;the right, title, and interest in the common shares previously held by SOF.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;On February 15, 2013, the Company&amp;#146;s&#13;common shares  started trading on the NASDAQ Global Market tier.&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 3.35pt 0 0.5in; text-align: justify"&gt;&lt;i&gt;Share Capital &lt;/i&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 3.35pt 0 0.5in; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify"&gt;On September 8, 2008, the Company&amp;#146;s&#13;shareholders approved an increase to the authorized share capital from 20,000,000 common shares, par value $0.01 per share, to&#13;50,000,000 common shares, par value $0.01 per share.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.4pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.4pt"&gt;&lt;i&gt;Share Capital Repurchase&#13;Program&lt;/i&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.4pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify"&gt;The Company&amp;#146;s board of directors&#13;authorized a share capital repurchase program for its common shares on August 28, 2012, up to $2 million worth of its common shares&#13;over the next twelve months. Up to December 31, 2012, the Company had repurchased 1,900 shares with a total consideration of $6.&#13;The Company records the value of its common shares held in the treasury at cost.&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.4pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.4pt"&gt;i)&amp;#160; The subsidiaries&#13;of the Company are set out below:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 56.7pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 1.4pt; padding-left: 1.4pt"&gt;&#13;        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 5.5pt"&gt;&lt;u&gt;Place of incorporation and operations&lt;/u&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="vertical-align: bottom; padding-right: 1.4pt; padding-left: 1.4pt"&gt;&#13;        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.5pt; text-align: center; text-indent: -9.8pt"&gt;Percentage of&lt;/p&gt;&#13;        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.5pt; text-align: center; text-indent: -9.8pt"&gt;&lt;u&gt;equity interest&lt;/u&gt;&lt;/p&gt;&#13;        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.5pt; text-align: center; text-indent: -9.8pt"&gt;As of December&#13;        31,&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 70%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 15%; padding-left: 15.2pt; text-align: center; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;&lt;u&gt;2011&lt;/u&gt;&lt;/font&gt;&lt;/td&gt;&#13; 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text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;100%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; text-indent: 5.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt"&gt;Moon View Ltd.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;100%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;100%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; text-indent: 5.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; text-indent: 5.5pt"&gt;&lt;font style="font-size: 8pt"&gt;Trigent Investment Holdings Limited&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 3.2pt; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;100%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 3.2pt; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;100%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; text-indent: 5.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; text-indent: 5.5pt"&gt;&lt;font style="font-size: 8pt"&gt;Crown Century Holdings Ltd.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 3.2pt; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;100%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 3.2pt; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;100%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; text-indent: 5.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; text-indent: 5.5pt"&gt;&lt;font style="font-size: 8pt"&gt;&lt;b&gt;&lt;u&gt;Singapore &lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 3.2pt; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 3.2pt; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; text-indent: 5.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; text-indent: 5.5pt"&gt;&lt;font style="font-size: 8pt"&gt;Sigma Cable Company (Private) Limited (&amp;#147;Sigma Cable&amp;#148;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 3.8pt; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;98.3%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 3.8pt; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;98.3%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; text-indent: 5.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt"&gt;Sigma-Epan International Pte Ltd. (&amp;#147;Sigma-Epan&amp;#148;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;100%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;100%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; text-indent: 5.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; text-indent: 5.5pt"&gt;&lt;font style="font-size: 8pt; color: black"&gt;Epan Industries Pte Ltd. &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;100% &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;100% &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; text-indent: 5.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; text-indent: 5.5pt"&gt;&lt;font style="font-size: 8pt; color: black"&gt;Epan Data-Comm System Pte Ltd.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5.5pt; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;100% &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5.5pt; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;100% &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; text-indent: 5.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt"&gt;Singvale Pte Ltd.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;100%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;100%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; text-indent: 5.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; text-indent: 5.5pt"&gt;&lt;font style="font-size: 8pt"&gt;&lt;b&gt;&lt;u&gt;Malaysia &lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 3.2pt; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 3.2pt; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; text-indent: 5.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt; color: black"&gt;Elecain Industry Sdn. Bhd.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;92.6%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;92.6%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; text-indent: 5.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt; color: black"&gt;Sigma-Epan Malaysia Sdn. Bhd.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;100%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;100%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 1.4pt; padding-left: 1.4pt"&gt;&#13;        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 15.2pt; text-align: center; text-indent: 7.7pt"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 5.5pt"&gt;&lt;u&gt;Place of incorporation and operations&lt;/u&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="vertical-align: bottom; padding-right: 1.4pt; padding-left: 1.4pt"&gt;&#13;        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 28.4pt; text-align: center; text-indent: 0.05pt"&gt;Percentage of&lt;/p&gt;&#13;        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 28.4pt; text-align: center; text-indent: 0.05pt"&gt;&lt;u&gt;equity interest&lt;/u&gt;&lt;/p&gt;&#13;        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 28.4pt; text-align: center; text-indent: 0.05pt"&gt;As of December&#13;        31,&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 65%; padding-left: 15.2pt; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 18%; padding-right: 5.5pt; padding-left: 15.2pt; text-align: center; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;&lt;u&gt;2011&lt;/u&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 17%; padding-right: 5.5pt; padding-left: 15.2pt; text-align: center; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;&lt;u&gt;2012&lt;/u&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;&lt;b&gt;&lt;u&gt;The People&amp;#146;s Republic of China (&amp;#147;PRC&amp;#148;)&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;Ningbo Pacific Cable Co., Ltd. (&amp;#147;Ningbo Pacific&amp;#148;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;95.80%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;100%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="text-indent: 5.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="text-indent: -1.1pt"&gt;&lt;font style="font-size: 8pt"&gt;Shanghai Yayang Electric Co., Ltd. &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;54.41%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;54.41%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="text-indent: 5.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt"&gt;Pacific Electric Wire &amp;#38; Cable (Shenzhen) Co., Ltd. (&amp;#147;PEWS&amp;#148;) &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;100%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;100%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;&lt;b&gt;&lt;u&gt;Hong Kong&lt;/u&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="text-indent: 5.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt"&gt;Crown Century Holdings Limited (&amp;#147;CCH (HK)&amp;#148;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;100%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;100%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="text-indent: 5.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-indent: -15.2pt"&gt;&lt;font style="font-size: 8pt"&gt;&lt;b&gt;&lt;u&gt;Australia&lt;/u&gt; &amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;Australia Pacific Electric Cable Pty Limited (&amp;#147;APEC&amp;#148;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;99.40%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;99.40%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;&lt;b&gt;&lt;u&gt;Thailand&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;Charoong Thai Wire and Cable Public Company Limited (&amp;#147;Charoong Thai&amp;#148;)* &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;50.93%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;50.93%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;Siam Pacific Electric Wire &amp;#38; Cable Company Limited (&amp;#147;Siam Pacific&amp;#148;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;50.93%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;50.93%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;Double D Cable Company Limited (&amp;#147;Double D&amp;#148;) (pre-operating stage) &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;0%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;50.93%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;Hard Lek Limited &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;73.98%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;73.98%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;APWC (Thailand) Co., Ltd.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;99.48%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;99.48%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt"&gt;PEWC (Thailand) Co., Ltd.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;99.48%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;99.48%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt"&gt;CTW Beta Co. Ltd. &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;50.89%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;50.89%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt"&gt;Siam Fiber Optics Co. Ltd.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;30.56%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"&gt;&lt;font style="font-size: 8pt"&gt;30.56%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 15.2pt; text-indent: -9.8pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 15.2pt; text-indent: -9.8pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 34.6pt 0 40.5pt; text-align: justify"&gt;* Charoong Thai is listed on&#13;the Stock Exchange of Thailand and is engaged in the manufacturing of wire and cable products for the power and telecommunications&#13;industries in Thailand.&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: -0.5in"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 38.5pt"&gt;ii)&amp;#160; The equity investees of the Company&#13;are set out below:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 56.7pt; text-align: justify; text-indent: 5.5pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 1.4pt; padding-left: 1.4pt"&gt;&#13;        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 3.85pt"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 3.85pt"&gt;&lt;u&gt;Place of incorporation and operations&lt;/u&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="vertical-align: bottom; padding-right: 1.4pt; padding-left: 1.4pt"&gt;&#13;        &lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;Percentage of&lt;br /&gt;&#13;        &lt;u&gt;equity interest&lt;/u&gt;&lt;/p&gt;&#13;        &lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;As of December 31,&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 70%; padding-left: 10pt; text-indent: -10pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 15%; padding-right: 5pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;&lt;u&gt;2011&lt;/u&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%; padding-right: 5pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;&lt;u&gt;2012&lt;/u&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-left: 3.9pt"&gt;&lt;font style="font-size: 8pt"&gt;&lt;b&gt;&lt;u&gt;The People&amp;#146;s Republic of China&lt;/u&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-left: 10pt; text-indent: -10pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-left: 3.9pt"&gt;&lt;font style="font-size: 8pt"&gt;Shandong Huayu Pacific Fiber Optics Communications Co., Ltd. (&amp;#147;Shandong Huayu&amp;#148;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 6.5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;48.73%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 6.5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;48.73%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-left: 20pt; text-indent: -10pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-left: 20pt; text-indent: -20pt"&gt;&lt;font style="font-size: 8pt"&gt;Shandong Pacific Rubber Cable Co., Ltd. (&amp;#147;SPRC&amp;#148;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 3.5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;25.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 3.5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;25.00%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-left: 20pt; text-indent: -10pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 3.5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 3.5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-left: 20pt; text-indent: -20pt"&gt;&lt;font style="font-size: 8pt"&gt;&lt;b&gt;&lt;u&gt;Thailand&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 3.5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 3.5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-left: 20pt; text-indent: -20pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 3.5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 3.5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-left: 20pt; text-indent: -20pt"&gt;&lt;font style="font-size: 8pt"&gt;Siam Pacific Holding Company Limited (&amp;#147;SPHC&amp;#148;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 3.5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;49.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 3.5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;49.00%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-left: 20pt; text-indent: -10pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 3.5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 3.5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-left: 19.8pt; text-indent: -19.8pt"&gt;&lt;font style="font-size: 8pt"&gt;Loxley Pacific Co., Ltd. (&amp;#147;Lox Pac&amp;#148;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 3.5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;21.39%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 3.5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;21.39%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 56.7pt; text-align: justify; text-indent: 5.5pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 34.6pt 0 42.55pt; text-indent: -7.55pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify"&gt;Acquisitions accounted for as purchases&#13;and disposals undertaken by the Company during the years ended December 31, 2010, 2011 and 2012 included the following:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 2%; font-family: Times New Roman, Times, Serif"&gt;&lt;font style="font-size: 8pt"&gt;(a)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 2%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 96%; text-align: justify"&gt;&lt;font style="font-size: 8pt"&gt;On March 31, 2010, CCH acquired 51% of APEC shares from Sigma Cable, thereby increasing the Company&amp;#146;s interest in APEC from 98.53% to 99.40%. On April 14, 2010, CCH acquired 100% of Sigma-Epan from Samray, the Company&amp;#146;s interest in Sigma-Epan has not changed and Sigma-Epan remains as a wholly owned subsidiary of the Company.&amp;#160; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="font-family: Times New Roman, Times, Serif"&gt;&lt;font style="font-size: 8pt"&gt;(b) &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;On May 31, 2011, the Company contributed additional capital in Ningbo Pacific in the form of a cash injection of $5 million. The Company&amp;#146;s interest in Ningbo Pacific increased from 94.31% to 95.80%. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="font-family: Times New Roman, Times, Serif"&gt;&lt;font style="font-size: 8pt"&gt;(c)&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;On December 1, 2011, the Company disposed its entire 51% equity interest in Shandong Pacific Fiber Optics Co., Ltd.(&amp;#147;SPFO&amp;#148;). Proceeds from the disposal of SPFO were $2.9 million (RMB18.5 million). The Company recorded a gain on disposal amounting to $1.96 million in the consolidated statement of operations.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="font-family: Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="font-family: Times New Roman, Times, Serif"&gt;&lt;font style="font-size: 8pt"&gt;(d)&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;On June 8, 2012, the Charoong Thai&amp;#146;s board of directors resolved to set up Double D. Double D registered its incorporation on August 30, 2012 with Baht 20 million registered capital and it is wholly owned by Charoong Thai.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="font-family: Times New Roman, Times, Serif"&gt;&lt;font style="font-size: 8pt"&gt;(e)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;On July 22, 2012, the Company acquired&amp;#160;an additional 4.2% shareholding of Ningbo Pacific from PRC joint venture partner. The Company&amp;#146;s interest in Ningbo Pacific increased from 95.8% to 100%.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 60pt; text-align: justify; text-indent: -24pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify; text-indent: 0.05pt"&gt;&lt;u&gt;Put Right&#13;and Option&lt;/u&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify"&gt;Under the terms of the Amended Shareholders&amp;#146;&#13;Agreement, COF has the right and option (but not the obligation) to sell to PEWC upon the occurrence of a Put Event (defined below),&#13;and PEWC agreed to purchase from COF upon the occurrence of a Put Event, all registrable securities then owned by COF (the &amp;#147;&#13;Put Shares &amp;#148;), for an amount equal to the Put Price (defined below) together with interest (calculated on the basis of a&#13;360 day year) on the Put Price, computed (x) from June 28, 2007 through May 31, 2010 at a rate per annum that shall be equal to&#13;the Libor rate plus fifty (50) basis points (compounded annually), and (y) from June 1, 2010 until the Put Closing (defined below)&#13;at a rate per annum that shall be equal to the Libor rate plus one hundred and fifty (150) basis points&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify"&gt;(compounded annually) (the &amp;#147;&#13;Put Right &amp;#148;). If the Put Event terminates prior to the closing of such Put Right, the exercise of the Put Right is deemed&#13;rescinded and the transaction relating to the Put Right is deemed cancelled, but this will not terminate the existence of a future&#13;Put Right upon the triggering of a future Put Event.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify"&gt;A &amp;#147;Put Event&amp;#148; means any&#13;date (i) after March 11, 2009 whereby an event has occurred and continues to occur, or (ii) after February 1, 2011 whereby the&#13;shares are not listed on a US Securities Market, which means any of the NASDAQ Stock Market, Inc. (Global Market or Global Select&#13;Market), Alternext U.S. (f/k/a the American Stock Exchange LLC), the New York Stock Exchange LLC or in conjunction with a dual&#13;listing on, or a transfer from, a US Securities Market to one or more of the principal or secondary exchanges for the public trading&#13;of equity securities in any of Hong Kong, Tokyo or Singapore. The &amp;#147;Put Price&amp;#148; means for (i) shares purchased pursuant&#13;to the Purchase Agreement, an aggregate amount equal to the product of (a) the number of shares being sold and (b) US$4.35 and&#13;(ii) shares purchased under preemptive right provisions of the amended shareholders&amp;#146; agreement (the &amp;#147;Shareholders&amp;#146;&#13;Agreement&amp;#148;), and aggregate amount equal to the purchase price thereof.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify"&gt;The Shareholders&amp;#146; Agreement&#13;does not contain any provisions that impose any purchase, reimbursement or financing obligations on the Company in the event that&#13;SOF exercises the Put Right. The Put Right is an obligation solely of PEWC and not of the Company. However, for the avoidance of&#13;doubt and as a re-affirmation that the financial and other obligation to SOF in the event&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify"&gt;of an exercise of the Put Right rest&#13;exclusively with PEWC, the Company has, on March 27, 2009, entered into a non-recourse confirmation agreement (the &amp;#147;Non-recourse&#13;Confirmation Agreement&amp;#148;) with PEWC whereby PEWC (i) covenants that it has no put right against the Company relating to the&#13;Put Shares and that PEWC&amp;#146;s obligations to SOF are without recourse to the Company, (ii) waives any such right should it arise&#13;in the future, and (iii) agrees that it shall not cause the Company, directly or indirectly, to incur any costs associated with&#13;the exercise of the Put Right.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify"&gt;The Shareholders&amp;#146; Agreement&#13;provides, and the Non-recourse Confirmation Agreement confirms, that the Put Right is solely the obligation of PEWC. The Company&#13;has no purchase, reimbursement or financing obligations in the event that SOF exercises the Put Right. As such, the Company has&#13;classified the Put Shares as equity in the accompanying financial statements.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify"&gt;The Company received an approval&#13;letter from Nasdaq on April 13, 2011 for the listing of its common shares on NASDAQ, with &amp;#147;APWC&amp;#148; as the trading symbol&#13;and, as noted, on April 29, 2011, the Company&amp;#146;s common shares commenced trading on NASDAQ Capital Market, which tier does&#13;not fit within the definition of a national &amp;#147;Securities Market&amp;#148;, as provided in the Shareholders&amp;#146; Agreement.&#13;The Company applied to list the common shares on the NADAQ Global Market after the Company fulfilled NASDAQ&amp;#146;s requirement&#13;for the migration, which included trading price per shares, liquidity requirements, operating history and a diversified shareholder&#13;list. The Company&amp;#146;s common shares began trading on the NASDAQ Global Market effective February 15, 2013. There is no impact&#13;on existing shareholders from this change in trading tiers.&lt;/p&gt;</us-gaap:OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock>
  <us-gaap:BasisOfAccounting contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0pt"&gt;The consolidated&#13;financial statements are prepared in accordance with accounting principles generally accepted in the United States of America (&amp;#147;US&#13;GAAP&amp;#148;). The basis of accounting differs from that used in the statutory financial statements of the Company&amp;#146;s subsidiaries&#13;and equity investee companies, which are prepared in accordance with the accounting principles generally accepted in their respective&#13;countries of incorporation.&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;All dollar amounts in the financial statements and in the notes herein are U.S. Dollars (&amp;#147;US$&amp;#148;) unless otherwise designated.&lt;/p&gt;</us-gaap:BasisOfAccounting>
  <us-gaap:AccountingChangesAndErrorCorrectionsTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;SPFO was consolidated prior to its&#13;disposal and it met the criteria for reporting as discontinued operations. Therefore, the results of operations of SPFO and the&#13;gain of the disposal have been classified as &amp;#147;Income from operations of discontinued SPFO&amp;#148; in the consolidated statements&#13;of operations for the year ended December 31, 2011 and prior period&amp;#146;s amounts have been reclassified accordingly.&lt;/p&gt;</us-gaap:AccountingChangesAndErrorCorrectionsTextBlock>
  <us-gaap:SignificantAccountingPoliciesTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0pt"&gt;&lt;u&gt;Principles&#13;of Consolidation&lt;/u&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify"&gt;The consolidated financial statements&#13;include the accounts of the Company and its subsidiaries.&amp;#160; All intercompany accounts and transactions have been eliminated&#13;on consolidation.&amp;#160; The Company&amp;#146;s investments for which its ownership exceeds 20%, but which are not majority-owned or&#13;controlled, are accounted for using the equity method if the Company has the ability to exercise significant influence over the&#13;companies&amp;#146; operating and financial policies. When the Company&amp;#146;s carrying value in an equity investee company is reduced&#13;to zero, no further losses are recorded in the Company&amp;#146;s consolidated financial statements unless the Company has guaranteed&#13;obligations of the investee company or has committed additional funding. When the investee company subsequently reports income,&#13;the Company will not record its share of such income until its previous share of losses has been recovered.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;u&gt;Use of Estimates&lt;/u&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;The preparation&#13;of the consolidated financial statements in conformity with generally accepted accounting principles accepted in the United States&#13;requires management to make estimates, judgements, and assumptions that affect the amounts reported in the consolidated financial&#13;statements and accompanying notes. Significant estimates reflected in the Company&amp;#146;s consolidated financial statements include,&#13;but are not limited to, useful lives and residual values of long-lived assets, impairment assessment of long-lived assets and goodwill,&#13;allowance for accounts and other receivable, accounting for deferred income tax, uncertain tax position, inventory valuation, valuation&#13;allowance of deferred tax assets and accrued rebate. Actual results could differ from those estimates.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;u&gt;Cash and Cash Equivalents&lt;/u&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Cash and cash equivalents include cash on hand, bank deposits and all short-term highly liquid investments with an original maturity&#13;of three months or less and are readily convertible to known amounts of cash. Investments with maturities of more than three months&#13;are classified as short-term bank deposits.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;u&gt;Inventories&amp;#160;&lt;/u&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;&amp;#160;Inventories are valued at the lower of cost or market. Cost is determined using the first-in, first-out or weighted&#13;average method.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;If the expected&#13;selling price less completion costs and costs to execute sales (market) is lower than the carrying amount, a write-down is charged&#13;to expenses in cost of sales for the amount by which the carrying amount exceeds its market. When the finished goods that were&#13;previously written down to market are subsequently sold at above market, a recovery is credited to cost of sales. See note 10 &amp;#150;&#13;Valuation and Qualifying Accounts.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&lt;u&gt;Income Taxes&lt;/u&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify"&gt;The Company follows the liability&#13;method of accounting for income taxes in accordance with ASC 740, &amp;#147;&lt;i&gt;Income Taxes&lt;/i&gt;&amp;#148; (&amp;#147;ASC 740&amp;#148;). Under&#13;this method, deferred tax assets and liabilities are determined based on the difference between the financial reporting and tax&#13;bases of assets and liabilities using enacted tax rates that will be in effect in the period in which the differences are expected&#13;to reverse.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&lt;u&gt;Income Taxes&#13;(cont&amp;#146;d)&lt;/u&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;Current income tax expense is the&#13;amount of income taxes expected to be payable for the current year. Deferred income tax balances reflect the effects of temporary&#13;differences between the carrying amounts of assets and liabilities and their tax basis and are stated at enacted tax rates expected&#13;to be in effect when taxes are actually paid or recovered. ASC 740, requires that deferred tax assets be evaluated for future realization&#13;and reduced by a valuation allowance to the extent the Company believes a portion will not be realized.&amp;#160; The Company considers&#13;many factors when assessing the likelihood of future realization of its deferred tax assets, including its recent cumulative earnings&#13;experience and expectations of future taxable income by taxing jurisdiction, the carry-forward periods available to the Company&#13;for tax reporting purposes, and other relevant factors. Deferred income tax expense (benefit) is the net change during the year&#13;in the deferred income tax asset or liability.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify"&gt;The Company adopted the provisions&#13;of ASC 740 to&lt;i&gt; &lt;/i&gt;account for uncertainties in income taxes.&amp;#160; ASC 740 contains a two-step approach to recognizing and measuring&#13;uncertain tax positions.&amp;#160; The first step is to evaluate the tax position for recognition by determining if the weight of available&#13;evidence indicates it is more likely than not that the position will be sustained on audit, including resolution of related appeals&#13;or litigation processes, if any.&amp;#160; The second step is to measure the tax benefit as the largest amount, which is more than&#13;50% likely of being realized upon ultimate settlement.&amp;#160; The Company considers many factors when evaluating and estimating&#13;its tax positions and tax benefits, which may require periodic adjustments and which may not accurately anticipate actual outcomes.&#13;The Company&amp;#146;s policy is to recognize interest expense and penalties related to income tax matters as a component of income&#13;tax expense.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160; &lt;u&gt;Property,&#13;Plant and Equipment&lt;/u&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify"&gt;Property, plant and equipment are&#13;stated at cost less depreciation and any impairment losses. Asset leases qualifying as capital leases are also included in property,&#13;plant and equipment. Major renewals and improvements are capitalized and minor replacements, maintenance, and repair expenses are&#13;charged to current operations as incurred. Depreciation is computed using the straight-line method over the estimated useful lives&#13;of the assets or the respective lease term, whichever is shorter, as follows:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 30%; text-align: justify"&gt;&lt;font style="font-size: 8pt"&gt;Land &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 70%; font-family: Times New Roman, Times, Serif"&gt;&lt;font style="font-size: 8pt"&gt;Nil&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 0.5in; text-align: justify; text-indent: -0.5in"&gt;&lt;font style="font-size: 8pt"&gt;Land use rights &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman, Times, Serif"&gt;&lt;font style="font-size: 8pt"&gt;15 - 50 years&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 0.5in; text-align: justify; text-indent: -0.5in"&gt;&lt;font style="font-size: 8pt"&gt;Buildings &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman, Times, Serif"&gt;&lt;font style="font-size: 8pt"&gt;5 - 30 years&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 0.5in; text-align: justify; text-indent: -0.5in"&gt;&lt;font style="font-size: 8pt"&gt;Machinery and equipment &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman, Times, Serif"&gt;&lt;font style="font-size: 8pt"&gt;5 - 10 years&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 0.5in; text-align: justify; text-indent: -0.5in"&gt;&lt;font style="font-size: 8pt"&gt;Motor vehicles &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman, Times, Serif"&gt;&lt;font style="font-size: 8pt"&gt;3 - 10 years&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 0.5in; text-align: justify; text-indent: -0.5in"&gt;&lt;font style="font-size: 8pt"&gt;Office equipment &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman, Times, Serif"&gt;&lt;font style="font-size: 8pt"&gt;3 - 10 years&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;Depreciation&#13;expenses were $6,857, $6,462 and $4,975 for the years ended December 31, 2010, 2011 and 2012, respectively. No depreciation expense&#13;is charged for construction in progress and machinery and equipment under installation.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;Capitalized&#13;interest on construction in progress is added to the cost of the underlying asset and is depreciated over the estimated useful&#13;life of the asset in the same manner as the underlying asset. Interest capitalized for 2011 and 2012 amounted to $9 and $69, respectively.&#13;The capitalized interest was related to and has been included as part of the cost of Ningbo Pacific&amp;#146;s construction in progress.&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;When property,&#13;plant and equipment are retired, sold or otherwise disposed of, the asset&amp;#146;s carrying amount and related accumulated depreciation&#13;are removed from the accounts and any gain or loss is included in operations.&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;u&gt;Property, Plant and Equipment (cont&amp;#146;d)&lt;/u&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify"&gt;In 2006, the Company terminated the&#13;Ningbo Pacific joint venture and liquidated its major equipment at the Ningbo Pacific facility. In October 2009, the Company has&#13;made a resolution to acquire an additional shareholding of Ningbo Pacific from the PRC joint venture partner. The acquisition was&#13;completed on July 22, 2012. The Company plans to resume manufacturing operation with the newly constructed facilities at the Ningbo&#13;Pacific site in 2013.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&lt;u&gt;Goodwill&lt;/u&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Goodwill represents the excess of the cost of purchased business over the fair value of the underlying net assets acquired. Goodwill,&#13;is not amortized, but tested for impairment at least annually or more frequently if circumstances indicate that impairment may&#13;exist.&amp;#160; The Company determined it has three reporting units in which the entire goodwill was allocated to manufactured product&#13;segment.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;In accordance with ASC 350 &lt;i&gt;&amp;#147;Intangible &amp;#150; Goodwill and Others&amp;#148;&lt;/i&gt;, (&amp;#147;ASC 350&amp;#148;), the Company performs&#13;a two-step test to assess goodwill impairment. First, the Company identifies potential goodwill impairment by comparing the fair&#13;value of a reporting unit with its carrying amount, including goodwill. The Company determines fair value using a discounted cash&#13;flow approach and makes reference to the market capitalization of the Company. If the carrying amount of a reporting unit exceeds&#13;its fair value, the second step of the goodwill impairment test is performed to measure the amount of goodwill impairment loss.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;Based on the Company&amp;#146;s assessment&#13;conducted as of December 31, 2011, the Company recognized goodwill impairment charges of $8,791, and the carrying amount was $nil&#13;as of December 31, 2011 and 2012. See note 6 &amp;#150; Goodwill.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;u&gt;Investments&amp;#160;&lt;/u&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Management determines the appropriate classification of its investments at the time of purchase and re-evaluates such designation&#13;as of each balance sheet date.&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;The Company accounts for its investments in equity securities of privately-held companies as cost method investment in accordance&#13;to ASC 325&lt;i&gt;, &amp;#147;Investments &amp;#150; Others&amp;#148;&lt;/i&gt; as these securities do not have readily determinable fair value. Investments&#13;in which the Company does not have a controlling interest or an ownership voting interest to exert significant influence, and which&#13;are not publicly traded are accounted for at cost.&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;The Company accounts for its investments in debt and equity securities that have readily determinable fair value using ASC 320&lt;i&gt;,&#13;&amp;#147;Investments &amp;#150; Debt and Equity Securities&amp;#148;&lt;/i&gt;. Debt securities are classified as held-to-maturity when the Company&#13;has the positive intent and ability to hold the securities to maturity. Held-to-maturity securities are recorded as either short&#13;term or long term on the balance sheet, based on the contractual maturity date and are stated at amortized cost. Equity securities&#13;are classified as available-for-sale, as the Company does not trade in these securities, but rather they are held as longer term&#13;investments due to business relationships with the entities. Available-for-sale securities are carried at fair value,&lt;font style="color: black"&gt;&#13;with the unrealized gains and losses, net of tax, reported in a separate component of shareholders&amp;#146; equity. &lt;/font&gt;Realized&#13;gains and losses and declines in values judged to be other-than-temporary on available-for-sale securities are included in investment&#13;income.&amp;#160; The cost of securities sold is based on the specific identification method. Interest and dividends on securities&#13;classified as available-for-sale are included in investment income.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"&gt;Investments in entities in&#13;which the Company can exercise significant influence but does not own a majority equity interest or control are accounted for&#13;using the equity method of accounting under ASC 323, &lt;i&gt;&amp;#147;Investments&amp;#151;Equity Method and Joint Ventures&amp;#148; &lt;/i&gt;(&amp;#147;ASC&#13;323&amp;#148;), and included as investment in equity investees in the balance sheets. Under the equity method, the&#13;Company&amp;#146;s proportionate share of each equity investee&amp;#146;s net income or loss is included as share of income (losses)&#13;of equity investees in the statements of operations. An investor records its proportionate share of equity adjustments for&#13;other comprehensive income (e.g. foreign currency items, etc) as increase or decrease to the investment account with&#13;corresponding adjustment in shareholders&amp;#146; equity. The Company evaluates investments in equity investees for impairment&#13;under ASC 323-10. An impairment loss on an investment in equity investee is recognized in the statements of operations when&#13;the decline in value is determined to be other-than-temporary.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;A judgmental aspect of accounting for investments (including investments in equity investees) involves determining whether an other-than-temporary&#13;decline in value of the investment has been sustained.&amp;#160; If it has been determined that an investment has sustained an other-than-temporary&#13;decline in its value, the investment is written down to its fair value, by a charge to statement of operations.&amp;#160; Such evaluation&#13;is dependent on the specific facts and circumstances.&amp;#160; Factors that are considered by the Company in determining whether an&#13;other-than-temporary decline in value has occurred include: the market value of the security in relation to its cost basis; the&#13;financial condition of the investee; and the intent and ability to retain the investment for a sufficient period of time to allow&#13;for recovery in the market value of the investments.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify"&gt;In 2010, 2011 and 2012, the Company&#13;recorded an impairment charge of $346, $nil and $nil, respectively, related to certain available-for-sale investments.&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&lt;u&gt;Impairment&#13;of Long-Lived Assets, Other Than Goodwill&lt;/u&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify"&gt;The Company accounts for impairment&#13;of long-lived assets in accordance with ASC 360&lt;i&gt;, &amp;#147;Property, Plant and Equipment&amp;#148;&lt;/i&gt;.&amp;#160; Long-lived assets are&#13;reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable.&amp;#160;&#13;In such instances, the Company estimates the undiscounted future cash flows that result from the use of the asset and its ultimate&#13;disposition.&amp;#160; If the sum of the undiscounted cash flows is less than the carrying value, the Company recognizes an impairment&#13;loss, measured as the amount by which the carrying value exceeds the fair value of the asset group, determined principally using&#13;discounted cash flows.&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;In 2011, the&#13;Company recorded an impairment charge of $25 related to the damage to Siam Pacific&amp;#146;s machinery due to flooding in Thailand.&#13;The impairment was included in the line item, &amp;#147;Charges related to flooding&amp;#148; within operating expenses. See note 15.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;In 2012, the&#13;Company recorded an impairment charge of $22 related to the impairment of a factory in Thailand (included in the manufactured products&#13;segment) that is not being used for operation.&amp;#160; The impairment charge was recorded to reduce the carrying value of the identified&#13;assets to fair values. The fair values for the year 2012 have been determined based on valuation performed by an accredited independent&#13;appraiser. The valuation has been made on the assumption to sell the property interests on the open market in the neighborhood&#13;without the benefit of any deferred term contract, leaseback, joint venture, management agreement or any similar arrangement which&#13;would serve to increase the value of the property interests.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&lt;u&gt;Accounts&#13;Receivables and Allowance for Doubtful Accounts&lt;/u&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.2pt; text-align: justify"&gt;Accounts receivables are stated at&#13;face value less any allowance for doubtful accounts.&amp;#160;The Company maintains allowance for doubtful accounts for estimated losses&#13;resulting from the inability of its customers to make the required payments. Management considers the following factors when determining&#13;the collectability of specific customer accounts: customer credit-worthiness, customer financial condition, past transaction history&#13;with the customer, current economic industry trends, and changes in customer payment terms.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -1pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -1pt"&gt;&lt;u&gt;Lease Obligations&#13;&lt;/u&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -1pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -1pt"&gt;In accordance with&#13;ASC 840, &amp;#147;&lt;i&gt;Leases&amp;#148;&lt;/i&gt;, leases for a lessee are classified at the inception date as either a capital lease or an&#13;operating lease. The Company assesses a lease to be a capital lease if any of the following conditions exist: a) ownership is transferred&#13;to the lessee by the end of the lease term, b) there is a bargain purchase option, c) the lease term is at least 75% of the property&amp;#146;s&#13;estimated remaining economic life or d) the present value of the minimum lease payments at the beginning of the lease term is 90%&#13;or more of the fair value of the leased property to the lessor at the inception date. A capital lease is accounted for as if there&#13;was an acquisition of an asset and an incurrence of an obligation at the inception of the lease. The capitalized lease obligation&#13;reflects the present value of future rental payments, discounted at the appropriate interest rates. The cost of the asset is amortized&#13;over the lease term. However, if ownership is transferred at the end of the lease term, the cost of the asset is amortized as set&#13;out above under property, plant and equipment.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -1pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -1pt"&gt;Operating lease&#13;expenses are recognized on a straight-line basis over the applicable lease term.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -1pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -1pt"&gt;&lt;u&gt;Revenue Recognition&lt;/u&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Revenue represents the invoiced value of goods sold, net of value added tax and returns, invoiced value on distribution activities,&#13;and service fee income on installation activities.&amp;#160; Revenue is recognized to the extent that it is probable that the economic&#13;benefits will flow to the Company and the revenue can be reliably measured. The following specific recognition criteria must also&#13;be met before revenue is recognized.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;i&gt;Sales&#13;of manufactured goods and distributed products &lt;/i&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;The Company recognizes revenue from the sale of manufactured goods and distributed products upon passage of title to the customer&#13;that coincides with their delivery and acceptance. These revenue recognition are recognized in accordance with &lt;i&gt;SEC Staff Accounting&#13;Bulletin (SAB) No. 104.&lt;/i&gt; The Company recognizes its revenue of sale of distributed products at gross as the Company is the primary&#13;obligor in the transaction.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify"&gt;The Company classifies shipping and&#13;handling costs incurred within cost of sales.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"&gt;&lt;i&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Supply, Delivery and Installation&lt;/i&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 42.55pt; text-align: justify; text-indent: -42.55pt"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 42.55pt; text-align: justify"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;The Company's supply, delivery&#13;and installation services are considered as multiple elements arrangements and are accounted for in accordance with ASC subtopic&#13;605-25, &lt;i&gt;&amp;#34;Revenue Recognition: Multiple-Element Arrangements&amp;#34;&lt;/i&gt; (&amp;#34;ASC 605-25&amp;#34;). Elements such as the sale&#13;of cables and the installation service are considered &lt;i&gt;as&lt;/i&gt; separate elements contained&amp;#160;&amp;#160;in a single arrangement,&#13;or in related arrangements with the same customer. The Company allocates revenue to each element based on its relative fair value.&#13;The allocation of the fair value to the delivered elements is limited to the amount&amp;#160;&amp;#160;that is not cont in gent on future&#13;delivery&amp;#160;&amp;#160;of services&amp;#160;&amp;#160;or&amp;#160;&amp;#160;subject&amp;#160;&amp;#160;to customer-specified return&amp;#160;&amp;#160;or&amp;#160;&amp;#160;refund&amp;#160;&amp;#160;privileges.&amp;#160;&amp;#160;The&amp;#160;&amp;#160;Company&#13;prospectively&amp;#160;&amp;#160;&amp;#160;adopted&amp;#160;Accounting&amp;#160;&amp;#160;&amp;#160;Standards&amp;#160;Update&lt;i&gt;&amp;#160;(&amp;#34;ASU&amp;#34;)&amp;#160;&amp;#160;No.&amp;#160;2009-13,&#13;Multiple-Deliverable Revenue Arrangements&lt;/i&gt; (&amp;#34;ASU 2009-13&amp;#34;), a consensus of the FASB Emerging Issues Task Force that&#13;amends ASC 605-25, on January I , 20 II.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;In accordance with ASU 2009-1 3,&#13;certain delivered items in multiple-element arrangements, which&amp;#160;&amp;#160;previously would&amp;#160;&amp;#160;not qualify&amp;#160;&amp;#160;for&#13;separate units of accounting due to the lack of vendor-specific objective evidence or third-party evidence of selling price, are&#13;accounted for as separate units of accounting, to which the total consideration of the arrangements is allocated based on management's&#13;best estimate of the selling price (&amp;#34;BESP&amp;#34;). We consider all reasonably available&amp;#160;&amp;#160;information in determining&#13;the BESP, including&amp;#160;&amp;#160;both&amp;#160;&amp;#160;market&amp;#160;&amp;#160;and entity-specific factors. The ad option of AS U 2009-1 3 does&#13;not have a material effect on our financial statements, the units of accounting and the pattern and timing of revenue recognition&#13;is not changed materially.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;The sale of cable is subject to&#13;acceptance by the SDI customer&amp;#160;&amp;#160;upon inspection&amp;#160;&amp;#160;which is carried&amp;#160;&amp;#160;out when t he cable&amp;#160;&amp;#160;is&#13;laid. Revenue from&amp;#160;&amp;#160;installation is accounted for using the percentage-of-completion method, based on the customer certification&#13;of the distance of cable la id with respect to the estimated total contract revenue, and in accordance with ASC 605-35, &amp;#34;Revenue&#13;Recognition-Construction-Type and Production-Type Contracts&amp;#34;. The timing of revenue recognition of cable sales and installation&#13;services are substantially identical.&lt;/p&gt;&#13;&#13;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 42.55pt; text-align: justify"&gt;&lt;/p&gt;&#13;&#13;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;/p&gt;&#13;&#13;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 42.55pt; text-align: justify"&gt;&lt;/p&gt;&#13;&#13;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt"&gt;When the current estimates of total contract revenue and&#13;contract cost indicate a loss, a provision for the entire loss on the contract shall be made. The recognition of provision for&#13;losses shall be in the period in which they become evident.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.55in; text-align: justify; text-indent: -20pt"&gt;&lt;i&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Bill-and-hold arrangements&lt;/i&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;The Company recognizes revenue of sale of cables under bill-and-hold arrangements requested by certain customers in Thailand, in&#13;accordance with SAB 104.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"&gt;As at December 31, 2010, 2011 and&#13;2012, the revenue recognized under bill-and-hold arrangements where the cables were yet delivered was $17.9 million, $5.8 million&#13;and $nil, respectively.&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify; text-indent: 0.5in"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -1pt"&gt;&lt;u&gt;&lt;/u&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.55in; text-align: justify; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;i&gt;Customers&amp;#146;&#13;incentive&lt;/i&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"&gt;The Company offers sales incentives&#13;in connection with power cable sales to wholesalers and distributors. These incentives include both rebates offered to customers&#13;for purchasing a certain volume of product during the year and settlement discounts for early payment of sales invoices. However,&#13;maximum amount is recorded if there is no reliable basis to measure a lower expected amount. Both forms of incentives are recognized&#13;as a reduction to gross sales.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"&gt;For the past five years up to&#13;December 31, 2012, customers only claim for rebates and the Company &amp;#160;only allows such claims based on the amount to&#13;which they are legally entitled, instead of the potential maximum amount (i.e. amount payable for the highest volume targets)&#13;without exceptions. The Company reviewed rebate provision balances arising in 2011 and earlier that remained unclaimed as of&#13;December 31, 2012. As the policy has been strictly enforced for the past five years, the Company has established sufficient&#13;historical fact pattern to conclude that the likelihood that such customers will claim and receive the excess above their&#13;legal entitlement in the future is remote and the Company will continue to strictly enforce the policy. As a result, the&#13;company wrote back such rebates and accounted for this as a change in estimate of accrued rebates. The reversal of the&#13;accrued rebate amounting to $2,116 ($0.15 per share) was accrued rebates  related to 2008 to 2011.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&lt;u&gt;Foreign Currency&#13;Translation and Transactions&lt;/u&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;The functional&#13;currency of the Company is U.S. Dollars and the functional currency of the Company&amp;#146;s international subsidiaries is generally&#13;the local currency or U.S. Dollars.&amp;#160; For these subsidiaries, the Company translates the assets and liabilities at exchange&#13;rates in effect at the balance sheet date and income and expense accounts at average exchange rates during the year.&amp;#160; Resulting&#13;currency translation adjustments are recorded directly to accumulated other comprehensive income within shareholders&amp;#146; equity.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;Foreign currency&#13;transactions are recorded at the applicable rates of exchange in effect at the transaction dates. Monetary assets and liabilities&#13;denominated in foreign currencies at the balance sheet date are remeasured at the applicable rates of exchange in effect at that&#13;date. Gains and losses from foreign currency transactions are recorded in the consolidated statements of operations.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&lt;u&gt;Foreign Currency&#13;Forward Contracts&lt;/u&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;The Company&#13;recognizes derivative financial instruments in the consolidated financial statements at fair value regardless of the purposes or&#13;intent for holding the instrument. Changes in the fair value of derivative financial instruments are either recognized periodically&#13;in income or in shareholders&amp;#146; equity as a component of comprehensive income depending on whether the derivative financial&#13;instruments qualify for hedge accounting, and if so, whether they qualify as a fair value or cash flow hedge.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;Generally, changes&#13;in fair values of derivatives accounted for as fair value hedges are recorded in income along with the portions of the changes&#13;in the fair value of the hedged items that relate to the hedged risks. Changes in fair value of derivatives accounted for as cash&#13;flow hedges, to the extent they are effective as hedges, are recorded in other comprehensive income net of taxes. Changes in fair&#13;value of derivatives used as hedges of the net investment in foreign operations are reported in other comprehensive income as part&#13;of the cumulative translation adjustment. Changes in fair values of derivatives not qualifying as hedges are reported in the consolidated&#13;statements of operations.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&lt;u&gt;Foreign Currency&#13;Forward Contracts (cont&amp;#146;d)&lt;/u&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;The Company&amp;#146;s&#13;subsidiaries use forward foreign exchange contracts to reduce their exposure to foreign currency risk for liabilities denominated&#13;in foreign currency. A forward foreign exchange contract obligates the Company to exchange predetermined amounts of specified foreign&#13;currencies at specified exchange rates on specified dates or to make an equivalent U.S. dollar payment equal to the value of such&#13;exchange.&amp;#160; Realized and unrealized gains and losses on foreign exchange contracts are included as foreign exchange gains or&#13;losses in the consolidated statements of operations as such contracts do not qualify for hedge accounting.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;As of December&#13;31, 2011 and 2012, the Company had outstanding forward exchange contracts with notional values of $2,317 and $nil, respectively.&#13;The outstanding forward exchange contracts as of December 31, 2011 matured on January 16, 2012. The Company records these contracts&#13;at fair value with the related gains of $nil, $64 and $nil, for the years ended December 31, 2010, 2011 and 2012, respectively&#13;in the consolidated statements of operations.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;u&gt;Earnings (Loss) Per Share&lt;/u&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Basic and diluted earnings (loss) per share are calculated in accordance with ASC 260&lt;i&gt;, &amp;#147;Earnings Per Share&amp;#148;&lt;/i&gt;.&amp;#160;&#13;There are no dilutive equity instruments for all periods presented.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;u&gt;Comprehensive&#13;Income&lt;/u&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Comprehensive income (loss) is defined as the changes in equity of the Company during a period from transactions and other events&#13;and circumstances excluding transactions resulting from investments by owners and distributions to owners. Among other disclosures,&#13;ASC 220, Comprehensive Income, requires that all items that are required to be recognized under current accounting standards as&#13;components of comprehensive income (loss) be reported in a financial statement that is displayed with the same prominence as other&#13;financial statements. For each of the periods presented, the Company&amp;#146;s comprehensive income (loss) includes net income (loss),&#13;currency translation adjustment, defined benefit pension plan and unrealized loss on sales of available-for-sale securities and&#13;is presented in the consolidated statement of operations and comprehensive income (loss). The Company adopted Accounting Standards&#13;Update (&amp;#147;ASU&amp;#148;) No. 2011-05 (&amp;#147;ASU 2011-05&amp;#148;), &lt;i&gt;&amp;#34;Comprehensive Income (Topic 220), Presentation of&#13;Comprehensive Income&amp;#34;&lt;/i&gt;, in the year ended December 31, 2012 by presenting items of net income (loss) and other comprehensive&#13;income (loss) in two separate statements. Prior years&amp;#146; comparative information has been rearranged to conform to the presentation&#13;in accordance with ASU 2011-05.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"&gt;&lt;u&gt;&amp;#160;&lt;/u&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0pt"&gt;&lt;u&gt;Cotingent Liability&lt;/u&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;When a loss contingency is not both&#13;probable and estimable, the Company does not record an accrued liability but discloses the nature and the amount of the claim,&#13;if material. However, if the loss (or an additional loss in excess of the accrual) is at least reasonably possible, then the Company&#13;discloses an estimate of the loss or range of loss, if such estimate can be made and material, or states that such estimate is&#13;immaterial if it can be estimated but immaterial, or discloses that an estimate cannot be made. The assessments of whether a loss&#13;is probable or reasonably possible, and whether the loss or a range of loss is estimable, often involve complex judgments about&#13;future events. Management is often unable to estimate the loss or a range of loss, particularly where (i) the damages sought are&#13;indeterminate,(ii) the proceedings are in the early stages, or (iii) there is a lack of clear or consistent interpretation of laws&#13;specific to the industry-specific complaints among different&amp;#160;&amp;#160;jurisdictions. In such cases, there is considerable uncertainty&#13;regarding the timing or ultimate resolution of such matters, including eventual loss, fine, penalty or business impact, if any.&lt;/p&gt;&#13;&#13;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&lt;u&gt;Fair Value&#13;Measurements&lt;/u&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;The Company&#13;has adopted the provisions of ASC 820&lt;i&gt;, &amp;#147;Fair Value Measurements and Disclosures&amp;#148;&lt;/i&gt; for financial assets and liabilities.&#13;Under ASC 820, the fair value is defined as the price that would have been received to sell an asset or paid to transfer a liability&#13;(i.e., the &amp;#147;exit price&amp;#148;) in an orderly transaction between market participants at the measurement date.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;In determining&#13;fair value, the Company uses various valuation approaches. ASC 820 establishes a hierarchy for inputs used in measuring fair value&#13;that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable&#13;inputs be used when available. Observable inputs are inputs that market participants would use in pricing the asset or liability&#13;developed based on market data obtained from sources independent of the Company. Unobservable inputs are inputs that reflect the&#13;Company&amp;#146;s assumptions about the assumptions market participants would use in pricing the asset or liability developed based&#13;on the best information available in the circumstances. The hierarchy is broken down into three levels based on the observability&#13;of inputs as follows:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 54.9pt; text-align: justify; text-indent: -19.9pt"&gt;&amp;#149;&amp;#160;&amp;#160;&#13;Level 1 - Valuations based on quoted prices in active markets for identical assets that the Company has the ability to access.&#13;Valuation adjustments and block discounts are not applied to Level 1 instruments. Since valuations are based on quoted prices&#13;that are readily and regularly available in an active market, valuation of these products does not entail a significant degree&#13;of judgment.&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 54.9pt; text-align: justify; text-indent: -19.9pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 45.9pt; text-align: justify; text-indent: -10.9pt"&gt;&amp;#149;&amp;#160;&amp;#160;&#13;Level 2 - Valuations based on one or more quoted prices in markets that are not active or for which all significant inputs are&#13;observable, either directly or indirectly.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 45.9pt; text-align: justify; text-indent: -10.9pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 45.9pt; text-align: justify; text-indent: -10.9pt"&gt;&amp;#149;&amp;#160;&amp;#160;&#13;Level 3 - Valuations based on unobservable inputs which are supported by little or no market activity and significant to the overall&#13;fair value measurement.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 54.9pt; text-align: justify; text-indent: -19.9pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;The availability&#13;of observable inputs can vary from investment to investment and is affected by a wide variety of factors, including, for example,&#13;the type of investment, the liquidity of markets and other characteristics particular to the transaction. To the extent that valuation&#13;is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more&#13;judgment and the investments are categorized as Level 3.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;The carrying&#13;amounts of financial instruments, including cash and cash equivalents, bank deposits, accounts receivable, short-term loans, accounts&#13;payable, and related party balances approximate their fair value due to the short-term maturities of such instruments.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&lt;u&gt;Treasury&#13;Shares&lt;/u&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;On August 28,&#13;2012 the Company's board of directors authorized a share capital repurchase program for its common shares over the next twelve&#13;months. The Company repurchases its common shares from time to time in the open market and holds such shares as treasury stock.&#13;The Company applies the &amp;#147;cost method&amp;#148; and presents the cost to repurchase such shares as a reduction in shareholders&amp;#146;&#13;equity in accordance with ASC 505-30, &lt;i&gt;&amp;#147;Treasury Stock&amp;#148;. &lt;/i&gt;During the year ended December 31, 2012, the Company&#13;repurchased a net total of 1,900 shares of common shares and the total cost is $6. Except for the shares repurchased as described&#13;above, there were no movements in the number of outstanding shares for all years presented.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt"&gt;&lt;u&gt;Recent Pronouncements&lt;/u&gt; &amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify"&gt;In February 2013, the Financial Accounting&#13;Standards Board issued ASU No. 2013-02, &lt;i&gt;&amp;#34;Comprehensive Income (Topic 220)&amp;#34;&lt;/i&gt; (&amp;#147;ASU 2013-02&amp;#148;) to improve&#13;the reporting of reclassifications out of accumulated other comprehensive income (&amp;#147;AOCI&amp;#148;). This ASU sets requirements&#13;for presentation for significant items reclassified to net income in their entirety during the period and for items not reclassified&#13;to net income in their entirety during the period. It requires companies to present information about reclassifications out of&#13;accumulated other comprehensive income AOCI in one place and to present reclassifications by component when reporting changes in&#13;AOCI balances. The modifications to ASC 220 &amp;#147;&lt;i&gt;Comprehensive Income&lt;/i&gt;&amp;#148; resulting from the issuance of ASU 2013-02&#13;are effective for fiscal years beginning after December 15, 2012 and interim periods within those years. Early adoption is permitted.&#13;The adoption of ASU 2013-02 on January 1, 2013 is not expected to have a material impact on the Company&amp;#146;s consolidated financial&#13;statements.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify"&gt;In March 2013, the Financial Accounting&#13;Standards Board issued ASU No. 2013-05, &lt;i&gt;&amp;#34;Foreign Currency Matters (Topic 830)&amp;#34;&lt;/i&gt; (&amp;#147;ASU 2013-05&amp;#148;) Parent&amp;#146;s&#13;Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign&#13;Entity or of an Investment in a Foreign Entity . This ASU specifies that a cumulative translation adjustment (&amp;#147;CTA&amp;#148;)&#13;should be released into earnings when an entity ceases to have a controlling financial interest in a subsidiary or group of assets&#13;within a consolidated foreign entity and the sale or transfer results in the complete or substantially complete liquidation of&#13;the foreign entity. For sales of an equity method investment that is a foreign entity, a pro rata portion of CTA attributable to&#13;the investment would be recognized in earnings upon sale of the investment. When an entity sells either a part or all of its investment&#13;in a consolidated foreign entity, CTA would be recognized in earnings only if the sale results in the parent no longer having a&#13;controlling financial interest in the foreign entity. CTA would be recognized in earnings in a business combination achieved in&#13;stages (i.e., a step acquisition). The adoption of ASU 2013-05 on January 1, 2014 is not expected to have a material impact on&#13;the Company&amp;#146;s consolidated financial statements.&lt;/p&gt;</us-gaap:SignificantAccountingPoliciesTextBlock>
  <apwc:ShorttermBankDepositsTextBlock contextRef="From2012-01-01to2012-12-31">&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 73.35pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="padding-right: 0.7pt; text-align: center; text-indent: 22pt"&gt;&lt;font style="font-size: 8pt"&gt;As of December 31, &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 70%; padding-right: 73.35pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-indent: 22pt"&gt;&lt;font style="font-size: 8pt"&gt;2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-indent: 22pt"&gt;&lt;font style="font-size: 8pt"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 73.35pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 14.15pt"&gt;&lt;font style="font-size: 8pt"&gt;Unrestricted short-term bank deposits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.55pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 2,529&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.55pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 6,210&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 14.15pt; padding-left: 9pt; text-indent: -9pt"&gt;&lt;font style="font-size: 8pt"&gt;Restricted short-term bank deposits &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;12,024&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;11,217&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 73.35pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt double; padding-right: 0.55pt; text-align: right; text-indent: 5.5pt"&gt;&lt;font style="font-size: 8pt"&gt;$ 14,553&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt double; padding-right: 0.55pt; text-align: right; text-indent: 5.5pt"&gt;&lt;font style="font-size: 8pt"&gt;$ 17,427&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;Short-term bank&#13;deposits are deposits with maturities of more than three months but less than one year. Restricted short-term bank deposits represent&#13;the amounts of cash pledged by two subsidiaries in Thailand to secure credit facilities granted by financial institutions.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;These bank deposits&#13;bear interest rates ranging from 0.3% to 3.7% and 0.25% to 2.75% per annum as of December 31, 2011 and 2012, respectively.&lt;/p&gt;</apwc:ShorttermBankDepositsTextBlock>
  <us-gaap:GoodwillAndIntangibleAssetsDisclosureTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"&gt;Goodwill of $8,801 as of December&#13;31, 2010 relating to the manufactured products segment and the changes in the carrying amount of goodwill were as follows:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="width: 87%; padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Balance as of December 31, 2010&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13%; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 8,801&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Disposal of a subsidiary &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.55pt; padding-left: 9pt; text-indent: -9pt"&gt;&lt;font style="font-size: 8pt"&gt;Impairment charge&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(8,791)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.55pt"&gt;&lt;font style="font-size: 8pt"&gt;Balance as of December 31, 2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1.5pt double; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ &amp;#150;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;The carrying amount of goodwill was $nil as of each of December 31, 2011 and 2012.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.1pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.1pt; text-align: justify"&gt;In accordance with ASC 350, the Company&#13;assessed the fair value of the reporting unit as of December 31, 2011. The Company adopted the discounted cash flow approach and,&#13;considering that the reporting unit constituted the majority of the overall consolidated group, by reference to the closing price&#13;of its common shares on that date as well as an assumed control premium. From January 2011 to December 2011, the stock market downturn&#13;caused a decline in the Company&amp;#146;s stock price by 54.8%, which resulted in a significant reduction in the Company&amp;#146;s&#13;market capitalization. As of December 31, 2011, the assessed fair value was below the carrying value of the reporting unit. The&#13;Company then performed a hypothetical purchase price allocation using the fair value of reporting unit and determined that the&#13;goodwill was fully impaired. As a result, the Company recognized a goodwill impairment charge of $8,791 for the year ended December&#13;31, 2011 as a separate item in the consolidated statements of operations.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.1pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;</us-gaap:GoodwillAndIntangibleAssetsDisclosureTextBlock>
  <us-gaap:InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.55pt"&gt;A summary of the carrying values&#13;and balance sheet classification of all investments in privately-held equity securities, debt, and equity securities was as follows:&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: center; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;As of December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 66%; padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 15%; border-bottom: windowtext 1pt solid; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 2%; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 15%; border-bottom: windowtext 1pt solid; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Held-to-maturity securities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 10.5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ &amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 7.1pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 2,378&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 10.55pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 7.1pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 10.55pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 7.1pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Short-term investments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 10.55pt; text-align: right; text-indent: 15.85pt"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 7.1pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;2,378&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 10.55pt; text-align: right; text-indent: 15.85pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 7.1pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 10.55pt; text-align: right; text-indent: 15.85pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 7.1pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Held-to-maturity securities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 10.5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ &amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 7.1pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 360&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.55pt; padding-left: 9pt; text-indent: -9pt"&gt;&lt;font style="font-size: 8pt"&gt;Equity securities in privately-held companies (cost method)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 10.55pt; text-align: right; text-indent: 15.85pt"&gt;&lt;font style="font-size: 8pt"&gt;618&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 7.1pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;642&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.55pt; padding-left: 9pt; text-indent: -9pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 10.55pt; text-align: right; text-indent: 15.85pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 7.1pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 9pt; text-indent: -9pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 10.55pt; text-align: right; text-indent: 15.85pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 7.1pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.55pt"&gt;&lt;font style="font-size: 8pt"&gt;Long-term investments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 10.55pt; text-align: right; text-indent: 15.85pt"&gt;&lt;font style="font-size: 8pt"&gt;618&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 7.1pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,002&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 10.55pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 7.1pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.55pt; padding-left: 9pt; text-indent: -9pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 10.55pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 7.1pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.55pt; padding-left: 9pt; text-indent: -9pt"&gt;&lt;font style="font-size: 8pt"&gt;Total investments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 2.25pt double; padding-right: 10.55pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 618&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 2.25pt double; padding-right: 7.1pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 3,380&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.65pt; text-align: justify; text-indent: -0.65pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.65pt; text-align: justify; text-indent: -0.65pt"&gt;Held-to-maturity&#13;securities are comprised of: &amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.65pt; text-align: justify; text-indent: -0.65pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;Investment carrying value at&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 24%; text-align: center; text-indent: 3.9pt"&gt;&lt;font style="font-size: 8pt"&gt;Nature&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 24%; text-align: center; text-indent: 3.9pt"&gt;&lt;font style="font-size: 8pt"&gt;Contracted maturity&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 22%; text-align: center; text-indent: 3.9pt"&gt;&lt;font style="font-size: 8pt"&gt;Interest rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%; text-indent: 3.9pt"&gt;&lt;font style="font-size: 8pt"&gt;2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%; text-indent: 3.9pt"&gt;&lt;font style="font-size: 8pt"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;Short-term held-to-maturity securities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0"&gt;Two weeks to one month&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;3.8% to 4.7%&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;$ &amp;#150;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;$ 2,378&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;Subordinated debentures&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;10 years&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;4.375%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; text-indent: 3.9pt"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; text-indent: 3.9pt"&gt;&lt;font style="font-size: 8pt"&gt;360&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;Total held-to-maturity &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ &amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 2,738&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"&gt;The investment is on a fixed or non-fixed&#13;income mature on or before the date of maturity. The Company recorded interest income related to short-term held-to-maturity securities&#13;amounting to $nil, $nil and $101 as a component of interest income for the years ended December 31, 2010, 2011 and 2012, respectively.&#13;The estimated fair value of the investment approximated its amortized cost and, therefore, there were no significant unrealized&#13;holding gains or losses.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"&gt;In 2012, a Thai subsidiary invested&#13;$360 (Baht 11 million) in subordinated debentures of Bangkok Bank Public Company Limited. The debentures bear a fixed interest&#13;rate of 4.375% per annum with a maturity of ten years callable at the option of the issuer after five years. As the call option&#13;is clearly and closely related to the debt host contract, no bifurcation of embedded call option is required.&amp;#160; The debentures&#13;are marketable and rated AA-  by Fitch Rating (Thailand) Ltd.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"&gt;The investments in equity securities&#13;in privately-held companies are recorded at cost as their market value is not readily and publicly determinable. It consists of&#13;the investment in Thai Metal Processing Co., Ltd, (&amp;#147;TMP&amp;#148;) which is engaged in the fabrication of copper rods. The investments&#13;were not evaluated for impairment because the Company did not identify any events or changes in circumstances that may have a significant&#13;effect on the fair value of the investments. During the years ended December 31, 2010, 2011 and 2012, the Company received dividends&#13;of $106, $111 and $109 from TMP, respectively, which was recorded in other income in the consolidated statements of operations.&lt;/p&gt;</us-gaap:InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock>
  <us-gaap:LoansNotesTradeAndOtherReceivablesDisclosureTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 40pt"&gt;Bank&amp;#160; loans and overdrafts consist of the&#13;following:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td rowspan="2" style="text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;As of December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 70%; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 15%; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0pt"&gt;&lt;font style="font-size: 8pt"&gt;Bank loans and overdrafts&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 13,886&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 23,844&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-left: 28.75pt; text-indent: -28.75pt"&gt;&lt;font style="font-size: 8pt"&gt;Trust receipts &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; text-indent: 22pt"&gt;&lt;font style="font-size: 8pt"&gt;38,927&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; text-indent: 22pt"&gt;&lt;font style="font-size: 8pt"&gt;34,001&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-left: 1.25pt; text-indent: -1.25pt"&gt;&lt;font style="font-size: 8pt"&gt;Total bank loans and overdrafts&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 3pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 52,813 &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 3pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 57,845 &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 20pt"&gt;&lt;font style="color: black"&gt;Under&#13;the line of credit arrangements for short-term debt with the Company&amp;#146;s bankers, the Company may borrow up to approximately&#13;$336,053 (2011: $316,369) on such terms as the Company and the banks may mutually agree upon.&amp;#160; These arrangements do not have&#13;termination dates but are reviewed annually for renewal.&amp;#160; As of December 31, 2012, the unused portion of the credit lines&#13;was approximately $227,147&lt;/font&gt; (2011: &lt;font style="color: black"&gt;$224,640&lt;/font&gt;)&lt;font style="color: black"&gt;, which included&#13;unused letters of credit amounting to &lt;/font&gt;$144,183 (2011: $128,409)&lt;font style="color: black"&gt;. Letters of credit are issued&#13;by the Company in the ordinary course of business through major financial institutions as required by certain vendor contracts.&#13;As of December 31, 2012, the Company had open letters of credit totaling &lt;/font&gt;$39,793 (2011: $49,596).&lt;font style="color: black"&gt;&#13;Liabilities relating to the letters of credit are included in current liabilities.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;The credit lines&#13;of the Company were collateralized by:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td nowrap="nowrap" style="width: 2%; font: 8pt Times New Roman, Times, Serif"&gt;&lt;font style="font-size: 8pt"&gt;(i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 2%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 96%; font-size: 8pt; text-align: justify"&gt;&lt;font style="font-size: 8pt; color: black"&gt;Mortgage of the Company&amp;#146;s land, buildings, machinery and equipment with a total carrying amount of $16,383 at December 31, 2012 (2011: $15,792);&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;font style="font-size: 8pt"&gt;(ii) &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font-size: 8pt; color: black"&gt;Pledge of short-term deposits and accounts receivable of $11,217 at December 31, 2012 (2011: $12,024)&lt;/font&gt;&lt;font style="font-size: 8pt"&gt;; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;font style="font-size: 8pt"&gt;(iii)&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font-size: 8pt; color: black"&gt;Pledge of not fewer than 161.5 million shares of Charoong Thai; and&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;font style="font-size: 8pt"&gt;(iv)&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font-size: 8pt; color: black"&gt;Corporate guarantee issued by the Company and a subsidiary of the Company&lt;/font&gt;&lt;font style="font-size: 8pt"&gt;.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td nowrap="nowrap" style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;font style="font-size: 8pt"&gt;(v)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font-size: 8pt; color: black"&gt;A trading facility was secured by all the assets and uncalled capital with total carrying amount of $35,425 of a subsidiary as at December 31, 2012 (2011: $31,414).&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;The weighted average interest rates on bank loans and overdrafts as of December 31, 2010, 2011 and 2012 were 3.6%, 3.7% and 3.4%&#13;per annum, respectively.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;During 2011,&#13;CCH (HK) entered into a bank loan agreement with Bangkok Bank Hong Kong Branch with a total loan amount of US$ 14 million and a&#13;trade facility of US$ 8 million. The loan carries an interest rate of SIBOR (Singapore Inter-bank Borrowing Rate) plus 2.5% for&#13;a period of 5.5 years, adjusted on a quarterly basis. The bank loan is guaranteed by the Company, as guarantor.&amp;#160; As of December&#13;31, 2011, CCH (HK) was not in compliance with certain financial and non-financial loan covenants and the loan became callable on&#13;demand. The outstanding balance was classified as current liabilities as of December 31, 2011.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Courier New, Courier, Monospace; margin: 0; text-indent: 0.5in"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160; &amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;As of December&#13;31, 2012, the loan was classified as current liabilities and it had been fully repaid subsequently.&lt;/p&gt;</us-gaap:LoansNotesTradeAndOtherReceivablesDisclosureTextBlock>
  <us-gaap:EarningsPerShareTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 34.5pt; text-align: justify"&gt;&lt;font style="font-size: 8pt"&gt;The&#13;Company computes earnings (loss) per share in accordance with ASC 260&lt;i&gt; &amp;#147;Earning Per Share&lt;/i&gt;&amp;#148;. Basic net earnings&#13;(loss) per share is computed by dividing net income (loss) by the weighted-average number of common shares outstanding during&#13;the period. Diluted net earnings (loss) per share is computed by dividing net income (loss) by the sum of the weighted-average&#13;number of common shares outstanding and if dilutive, the potential common shares outstanding during the period. The treasury stock&#13;transaction resulted in an immediate reduction in outstanding shares used to calculate the weighted-average common shares outstanding&#13;for both basic and diluted earnings (loss) per share. Up to December 31, 2012, the Company had repurchased 1,900 shares.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 71pt; text-align: justify; text-indent: -0.5in"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify"&gt;&lt;font style="font-size: 8pt"&gt;The following&#13;table sets forth the computation of basic and diluted earnings (loss) attributable to common shareholders per share:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;&#13;&lt;tr&gt;&#13;    &lt;td nowrap="nowrap"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" colspan="5" style="text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;Year ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td nowrap="nowrap" style="width: 46%"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 2%"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 16%; border-bottom: windowtext 1pt solid; text-align: center"&gt;&lt;font style="font-size: 8pt; color: black"&gt;2010&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 2%; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 16%; border-bottom: windowtext 1pt solid; text-align: center"&gt;&lt;font style="font-size: 8pt; color: black"&gt;2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 2%; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="width: 16%; border-bottom: windowtext 1pt solid; text-align: center"&gt;&lt;font style="font-size: 8pt; color: black"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt; color: black"&gt;Numerator:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt; color: black"&gt;Income (loss) attributable to APWC from continuing operations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt; color: black"&gt;$ 14,142 &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt; color: black"&gt;$ (6,832)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt; color: black"&gt;$ 10,949&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt; color: black"&gt;Income (loss) attributable to APWC from discontinued operations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt; color: black"&gt;(2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt; color: black"&gt;1,393 &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font: 8pt Courier New, Courier, Monospace"&gt;&amp;#150;&amp;#160;&lt;/font&gt;&lt;font style="color: black"&gt;&#13;    &amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt; color: black"&gt;Net income (loss) attributable to APWC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="border-top: windowtext 1pt solid; border-bottom: windowtext 2.25pt double; text-align: right"&gt;&lt;font style="font-size: 8pt; color: black"&gt;$&#13;    14,140 &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="border-top: windowtext 1pt solid; border-bottom: windowtext 2.25pt double; text-align: right"&gt;&lt;font style="font-size: 8pt; color: black"&gt;$&#13;    (5,439)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="border-top: windowtext 1pt solid; border-bottom: windowtext 2.25pt double; text-align: right"&gt;&lt;font style="font-size: 8pt; color: black"&gt;$&#13;    10,949&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt; color: black"&gt;Denominator (in number of shares):&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt; color: black"&gt;Weighted-average common shares outstanding - basic and diluted&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt; color: black"&gt;13,830,769 &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt; color: black"&gt;13,830,769 &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt; color: black"&gt;13,830,751 &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt; color: black"&gt;&lt;b&gt;Earnings (loss) per share - basic and diluted&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font-size: 8pt; color: black"&gt;Continuing operations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: justify"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt; color: black"&gt;$ 1.02 &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt; color: black"&gt;$ (0.49)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt; color: black"&gt;$ 0.79&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font-size: 8pt; color: black"&gt;Discontinued operations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: justify"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font: 8pt Courier New, Courier, Monospace"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt; color: black"&gt;0.10 &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font: 8pt Courier New, Courier, Monospace"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt; color: black"&gt;Total earnings (loss) per share - basic and diluted &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="border-top: windowtext 1pt solid; border-bottom: windowtext 2.25pt double; text-align: right"&gt;&lt;font style="font-size: 8pt; color: black"&gt;$&#13;    1.02 &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="border-top: windowtext 1pt solid; border-bottom: windowtext 2.25pt double; text-align: right"&gt;&lt;font style="font-size: 8pt; color: black"&gt;$&#13;    (0.39)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td nowrap="nowrap" style="border-top: windowtext 1pt solid; border-bottom: windowtext 2.25pt double; text-align: right"&gt;&lt;font style="font-size: 8pt; color: black"&gt;$&#13;    0.79&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font-size: 8pt"&gt;Income (Loss) from continuing operations attributable to&#13;non controlling interests are $ 11,249, $ 2,902, $7,961, for the years ended December 31, 2010, 2011 and 2012 respectively.&lt;/font&gt;&lt;/p&gt;</us-gaap:EarningsPerShareTextBlock>
  <us-gaap:ScheduleOfValuationAndQualifyingAccountsDisclosureTextBlock contextRef="From2012-01-01to2012-12-31">&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 40%; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;&lt;u&gt;Description&lt;/u&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 12%; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;Balance at beginning of year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 12%; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;Net charge (credit) to income&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 12%; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;Deduction&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 12%; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;Currency translation adjustment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 12%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 5pt 0 0; text-align: center; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;Balance at &lt;u&gt;end of year&lt;/u&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5pt; text-indent: 0pt"&gt;&lt;font style="font-size: 8pt"&gt;Year ended December 31, 2010:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 5pt; padding-left: 20pt"&gt;&lt;font style="font-size: 8pt"&gt;Allowance for doubtful accounts&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 8,694&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (1,317)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (1,063)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 572&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 6,886&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5pt; padding-left: 20pt"&gt;&lt;font style="font-size: 8pt"&gt;Inventory impairment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 5pt; padding-left: 20pt"&gt;&lt;font style="font-size: 8pt"&gt;- Lower of cost or market &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;3,214&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(2,219)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;201&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,196&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5pt; padding-left: 20pt"&gt;&lt;font style="font-size: 8pt"&gt;- Obsolescence&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;781&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;245&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;93 &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,119&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 5pt; padding-left: 20pt"&gt;&lt;font style="font-size: 8pt"&gt;Allowance for deferred tax assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;2,489&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;2,460&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(132)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;4,817 &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 5pt; text-indent: -4.4pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 15,178&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (831)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (1,063)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 734&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 14,018&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 5pt; text-indent: 0pt"&gt;&lt;font style="font-size: 8pt"&gt;Year ended December 31, 2011:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5pt; padding-left: 20pt"&gt;&lt;font style="font-size: 8pt"&gt;Allowance for doubtful accounts&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 6,886&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (1,555)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (664)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (53)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 4,614&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 5pt; padding-left: 20pt"&gt;&lt;font style="font-size: 8pt"&gt;Inventory impairment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5pt; padding-left: 20pt"&gt;&lt;font style="font-size: 8pt"&gt;- Lower of cost or market &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,196&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,725&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(888)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(14)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;2,019&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 5pt; padding-left: 20pt"&gt;&lt;font style="font-size: 8pt"&gt;- Obsolescence&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,119&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;268&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(81) &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,306&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5pt; padding-left: 20pt"&gt;&lt;font style="font-size: 8pt"&gt;- Charges related to flooding in Thailand &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;3,572&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(130)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;3,442&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 5pt; padding-left: 20pt"&gt;&lt;font style="font-size: 8pt"&gt;Allowance for deferred tax assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;4,817&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(3,942)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;875 &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 5pt; text-indent: -4.4pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$14,018 &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 68&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (1,552)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (278)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 12,256&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 5pt; text-indent: 0pt"&gt;&lt;font style="font-size: 8pt"&gt;Year ended December 31, 2012:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5pt; padding-left: 20pt"&gt;&lt;font style="font-size: 8pt"&gt;Allowance for doubtful accounts&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 4,614&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (720)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (1,425)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 111&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 2,580&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 5pt; padding-left: 20pt"&gt;&lt;font style="font-size: 8pt"&gt;Inventory impairment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5pt; padding-left: 20pt"&gt;&lt;font style="font-size: 8pt"&gt;- Lower of cost or market &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;2,019&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(1,789)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;34&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;264&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 5pt; padding-left: 20pt"&gt;&lt;font style="font-size: 8pt"&gt;- Obsolescence&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,306&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(21)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;53&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,338&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5pt; padding-left: 20pt"&gt;&lt;font style="font-size: 8pt"&gt;- Charges related to flooding in Thailand&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;3,442&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(2,994)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;69&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;517&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 5pt; padding-left: 20pt"&gt;&lt;font style="font-size: 8pt"&gt;Allowance for deferred tax assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;875&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;466&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13; 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margin: 0 0 0 35pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify"&gt;During 2010, the Company exercised&#13;rigorous controls over raw-material inventory and through long-term copper future contacts reduced its exposure to the fluctuations&#13;in market prices for copper, which resulted in a significant reduction in the inventory impairment.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify"&gt;During 2011, the decrease in commodity&#13;prices, including that of copper, resulted in a write-down of the cost of inventories as of December 31, 2011. Copper prices on&#13;the London Metal Exchange (the &amp;#147;LME&amp;#148;) fell from an average monthly price high of $9,555 in January 2011 to $7,657 in&#13;December 2011. As a result, inventory write-down to market of $1,725 was charged to cost of sales for the year ended December 31,&#13;2011.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify"&gt;During 2011, the Company recorded an&#13;impairment charge of $3,572 related to flooding in Thailand, and most of the damaged inventories were sold in 2012 (note 15).&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Courier New, Courier, Monospace; margin: 0 0 0 35pt; text-align: justify; text-indent: -35pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify"&gt;During 2012, copper price on the LME&#13;gradually rose to an average yearly price of $7,950. Therefore, the Company was able to sell its finished goods above the new cost&#13;basis after taking into account the impairment in the prior years.&lt;/p&gt;</us-gaap:ScheduleOfValuationAndQualifyingAccountsDisclosureTextBlock>
  <us-gaap:IncomeTaxDisclosureTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0pt"&gt;Under current
Bermuda law, the Company is not subject to tax on income or capital gains, nor is withholding tax of Bermuda imposed upon payments
of dividends by the Company to its shareholders.&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify"&gt;The Company&amp;#146;s investments in
the Operating Subsidiaries are held through subsidiaries incorporated in the British Virgin Islands (&amp;#147;BVI&amp;#148;). Under
current BVI law, dividends from the BVI subsidiaries&amp;#146; investments are not subject to income taxes and no withholding tax
is imposed on payments of dividends by the BVI subsidiaries to the Company.&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;The Operating
Subsidiaries and equity investees are governed by the income tax laws of Singapore, Thailand, Australia and the PRC.&amp;#160; The
corporate income tax rate in Singapore was 17% for each of the three years ended December 31, 2012, and there is no &lt;font style="background-color: white"&gt;withholding
tax on dividends applicable to the Company.&amp;#160; For Thailand, the corporate income tax rate was 30% for each of the two years
ended December 31, 2011 and a withholding tax of 10% is levied on dividends received by the Company.&lt;/font&gt; CTW is listed on Stock
Exchange of Thailand (&amp;#147;SET&amp;#148;), its applicable corporate income rate was 25% for the first 300 million Baht of net profit
and 30% for the amount exceeding 300 million Baht. The reduced rate of taxation applied for listed companies for three accounting
periods from 2008 to 2010. &lt;font style="background-color: white"&gt;As a part of an initiative to promote Thailand&amp;#146;s competitiveness,
the Thai Government announced in Royal Decree (No. 530) to provide for a red&lt;/font&gt;uction of corporate income tax from 30% to:
(1) 23% for any accounting periods commencing between January 1, 2012 and December 31, 2012; (2) 20% from any accounting periods
commencing between January 1, 2013 and December 31, 2014. In Australia, the corporate income tax rate was 30% for 2010/2011, 2011/2012
and 2012/2013 tax years. The applicable corporate income tax rate for the subsidiaries in the PRC was 25% for each of the three
years ended December 31, 2012.&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;Pursuant to the Corporate Income
Tax Law (the CIT Law) of the PRC that came into effect on January 1, 2008, all the enterprises generally are subject to corporate
income tax at an effective rate of 25% on income as reported in their statutory accounts. An enterprise located in specially-designated
regions or cities and eligible for the preferential policy in the form of a reduced tax rate shall have five years from the time
when the CIT Law takes effect to transition progressively to the legally prescribed tax rate. During this period, an enterprise
that enjoyed the 15% corporate income tax rate shall be subject to the 18% tax rate for the year 2008, 20% for the year 2009, 22%
for the year 2010, 24% for the year 2011, and 25% from the year 2012 onwards.&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"&gt;PEWS is located in Shenzhen, which
is a region where preferential tax rates apply and qualified for a reduced rate of taxation of 22% and 24% for the years 2010 and
2011, respectively. PEWS is the only subsidiary of the Company in the PRC that qualified for the preferential tax rates under the
CIT Law. For PEWS, the unified tax rate of 25% applied with effect from January 1, 2012. Under the CIT law, dividend distributions
of profits earned prior to January 1, 2008 to foreign investor(s) are exempt from withholding tax; distribution of the profits
earned after January 1, 2008 is subject to withholding tax of 10%, reduced to 5% under the Arrangement between the Mainland of
China and the Hong Kong Special Administrative Region on the Avoidance of Double Taxation and the Prevention of Fiscal Evasion
with Respect to Taxes on Income provided that the Hong Kong holding company, CCH (HK), qualifies as the &amp;#147;beneficial owner&amp;#148;
of the dividend income under Cuoshuiban [2009] No.601.&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.55pt"&gt;Pre-tax income (loss) from continuing
operations was taxed in the following jurisdictions:&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td colspan="5" style="padding-right: 8pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;Year ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 55%; padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 8pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2010&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 2%; padding-right: 8pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 8pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2011&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 2%; padding-right: 8pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 8pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt; text-align: justify"&gt;&lt;font style="font-size: 8pt"&gt;Thailand&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 24,750 &lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 8,760 &lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 21,728 &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt; text-align: justify"&gt;&lt;font style="font-size: 8pt"&gt;Singapore&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,671&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(80)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;2,235&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt; text-align: justify"&gt;&lt;font style="font-size: 8pt"&gt;Australia&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;2,176&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;3,130&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;5,426&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 8pt"&gt;&lt;font style="font-size: 8pt"&gt;PRC&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;6,921&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;985&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(142)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 8pt"&gt;&lt;font style="font-size: 8pt"&gt;Others&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1pt solid; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(3,665)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1pt solid; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(12,101)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1pt solid; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(1,933)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.55pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;31,853&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;694&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;27,314&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.55pt; text-align: justify"&gt;&lt;font style="font-size: 8pt"&gt;Equity investees&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-left: 8.6pt"&gt;&lt;font style="font-size: 8pt"&gt;Thailand&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-left: 8.6pt"&gt;&lt;font style="font-size: 8pt"&gt;PRC&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(21)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(58)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(19)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.55pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt double; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 31,832 &lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt double; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 636 &lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt double; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 27,293&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in"&gt;&amp;#160;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;
Significant components of the provision (benefit) for income taxes are as follows:&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td colspan="5" style="padding-right: 10pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;Year ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 55%; padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2010&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 2%; padding-right: 10pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2011&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 2%; padding-right: 10pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Allocated to net income (loss)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Current:&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt; padding-left: 8.6pt"&gt;&lt;font style="font-size: 8pt"&gt;Thailand&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 4,069&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 4,869&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 4,442&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt; padding-left: 8.6pt"&gt;&lt;font style="font-size: 8pt"&gt;Singapore&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;382&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt; padding-left: 8.6pt"&gt;&lt;font style="font-size: 8pt"&gt;PRC&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,324&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;679&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;149&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt; padding-left: 8.6pt"&gt;&lt;font style="font-size: 8pt"&gt;Australia&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1pt solid; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;956&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1pt solid; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,291&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1pt solid; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,069&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.55pt"&gt;&lt;font style="font-size: 8pt"&gt;Total current&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1pt solid; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;6,349&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1pt solid; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;6,839&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1pt solid; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;6,042&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.55pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Deferred:&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt; padding-left: 8.6pt"&gt;&lt;font style="font-size: 8pt"&gt;Thailand&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;170&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(1,446)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,583&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt; padding-left: 8.6pt"&gt;&lt;font style="font-size: 8pt"&gt;Singapore&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;59&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(154)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;512&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt; padding-left: 8.6pt"&gt;&lt;font style="font-size: 8pt"&gt;PRC&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;197&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(43)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(192)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt; padding-left: 8.6pt"&gt;&lt;font style="font-size: 8pt"&gt;Australia&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1pt solid; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(262)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1pt solid; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(316)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1pt solid; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;438&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.55pt"&gt;&lt;font style="font-size: 8pt"&gt;Total deferred&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1pt solid; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;164&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1pt solid; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(1,959)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1pt solid; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;2,341&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td&gt;
        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0.55pt 0 0; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0.55pt 0 0"&gt;The benefits of operating loss carried forwards&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid"&gt;
        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 8pt 0 0; text-align: right; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 8pt 0 0; text-align: right"&gt;(72)&lt;/p&gt;
        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 8pt 0 0; text-align: right; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid"&gt;
        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 8pt 0 0; text-align: right; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 8pt 0 0; text-align: right"&gt;(314)&lt;/p&gt;
        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 8pt 0 0; text-align: right; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1pt solid; padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid"&gt;
        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 8pt 0 0; text-align: right; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 8pt 0 0; text-align: right"&gt;&amp;#150;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt double; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 6,441&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt double; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 4,566&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt double; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 8,383&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top; padding-right: 0.55pt"&gt;&lt;font style="font-size: 8pt"&gt;Allocated to other comprehensive income (loss)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; border-bottom: black 1.5pt double; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 84&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; border-bottom: black 1.5pt double; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ &amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; border-bottom: black 1.5pt double; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (1,045)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 6.2pt 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&amp;#160;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;The parent company&amp;#146;s
tax is filed in Bermuda, which does not have a statutory tax rate. The provision for income taxes differs based on the taxes incurred
by the Operating Subsidiaries, in their respective jurisdiction. The Company determines its statutory tax rate based on its major
commercial domicile that is its subsidiaries in Thailand. The reconciliation of the statutory tax rate and the Company&amp;#146;s
effective tax rate is as follows:&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td colspan="5" style="text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;Year ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 55%; padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Income tax at statutory tax rate in:&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2010&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 2%; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2011&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 2%; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right; text-indent: 20pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right; text-indent: 20pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right; text-indent: 20pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right; text-indent: 20pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right; text-indent: 20pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: #CCEEFF"&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Tax provision at statutory rate (23%)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 9,608&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 191&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 6,277&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: #CCEEFF"&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Foreign income taxed at different rate &lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;881&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,350&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;692&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Expenses not deductible for tax purpose&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: top"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,684&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;753&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;172&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: #CCEEFF"&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Impairment of goodwill not deductible for tax &lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150; &lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;2,637 &lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Written-off deferred tax assets arising from liquidation of a subsidiary&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;3,633&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: #CCEEFF"&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Reversal of valuation allowance arising from liquidation of a subsidiary&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(3,633)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top; padding-right: 5pt"&gt;&lt;font style="font-size: 8pt"&gt;Utilization of prior year tax losses &lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(6,186) &lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150; &lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right; text-indent: 5.5pt"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: #CCEEFF"&gt;
    &lt;td style="vertical-align: top; padding-right: 0.55pt"&gt;&lt;font style="font-size: 8pt"&gt;Changes in valuation allowance &lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;2,473 &lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(291) &lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;466&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Written-off deferred tax &lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;215&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;184&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: #CCEEFF"&gt;
    &lt;td style="vertical-align: top; padding-right: 5pt"&gt;&lt;font style="font-size: 8pt"&gt;Tax exempt on income &lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(2,583)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(1,453)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(99)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top; padding-right: 9pt"&gt;&lt;font style="font-size: 8pt"&gt;Difference due to effect of tax holidays &lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(583) &lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150; &lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: #CCEEFF"&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Unrecognized tax benefits &lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;354&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,026&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;34&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top"&gt;
        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0.7pt 0 0"&gt;Deferred tax liability arising from&lt;/p&gt;
        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0.7pt 0 0"&gt;undistributed earnings&lt;/p&gt;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;578&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;193&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;429&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: #CCEEFF"&gt;
    &lt;td style="vertical-align: top; padding-right: 0.55pt; padding-left: 11pt; text-indent: -11pt"&gt;&lt;font style="font-size: 8pt"&gt;Effect of temporary tax rate changes on deferred tax assets&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;862&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 11pt; text-indent: -11pt"&gt;&lt;font style="font-size: 8pt"&gt;Effect of changes in temporary differences to realized in different periods with different enacted tax rates &lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;408&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: #CCEEFF"&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Withholding tax on dividends&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;427&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Others&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150; &lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(702) &lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; border-bottom: black 1pt solid; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(607) &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: #CCEEFF"&gt;
    &lt;td style="vertical-align: top; padding-right: 0.55pt"&gt;&lt;font style="font-size: 8pt"&gt;Total tax income for the year&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; border-bottom: black 1.5pt double; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 6,441&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; border-bottom: black 1.5pt double; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 4,566&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; border-bottom: black 1.5pt double; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 8,383 &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify"&gt;Pacific Thai had deferred tax assets
(mainly from prior year net operating losses) of $3,633 with a 100% valuation allowance as of December 31, 2010. Following the
de-registration of Pacific Thai on January 5, 2011, its deferred tax assets could no longer be realized and thus were written off.
The corresponding valuation allowance was reversed during the year.&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt"&gt;Deferred tax liabilities and assets comprised the following:&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td colspan="3" style="padding-right: 5pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;As of December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 66%; padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 15%; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2011&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 2%; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 15%; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.55pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.55pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Deferred tax liabilities:&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.55pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.55pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.55pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.55pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt; padding-left: 8.6pt"&gt;&lt;font style="font-size: 8pt"&gt;Outside basis differences&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (2,172)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (2,650)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt; padding-left: 9pt; text-indent: -9pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.55pt; padding-left: 8.6pt"&gt;&lt;font style="font-size: 8pt"&gt;Total deferred tax liabilities&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(2,172)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(2,650)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.55pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.55pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.55pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Deferred tax assets:&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt; text-indent: 6.05pt"&gt;&lt;font style="font-size: 8pt"&gt;Unused tax losses &lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,181&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,140&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt; text-indent: 6.05pt"&gt;&lt;font style="font-size: 8pt"&gt;Allowance for doubtful accounts&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;682&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;372&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt; text-indent: 6.05pt"&gt;&lt;font style="font-size: 8pt"&gt;Inventory impairment&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;744&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;359&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt; text-indent: 6.05pt"&gt;&lt;font style="font-size: 8pt"&gt;Allowance for impairment in investment&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;933&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;913&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt; text-indent: 6.05pt"&gt;&lt;font style="font-size: 8pt"&gt;Rebates and other accrued liabilities &lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,980&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,299&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt; text-indent: 6.05pt"&gt;&lt;font style="font-size: 8pt"&gt;Unpaid retirement benefits &lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;854&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;660&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt; text-indent: 6.05pt"&gt;&lt;font style="font-size: 8pt"&gt;Charges related to flooding in Thailand &lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;874&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;8&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt; text-indent: 6.05pt"&gt;&lt;font style="font-size: 8pt"&gt;Deferred revenue and cost of sales&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;320&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;625&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="text-indent: 6.05pt"&gt;&lt;font style="font-size: 8pt"&gt;Actuarial loss&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,045&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="text-indent: 6.05pt"&gt;&lt;font style="font-size: 8pt"&gt;Unabsorbed depreciation&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;960&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt; text-indent: 6.05pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.55pt; text-indent: 6.05pt"&gt;&lt;font style="font-size: 8pt"&gt;Total deferred tax assets&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;7,568&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;7,381&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt; text-indent: 6.05pt"&gt;&lt;font style="font-size: 8pt"&gt;Valuation allowance for deferred tax assets (note 10)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(875)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(1,341)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt; text-indent: 6.05pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.55pt; text-indent: 6.05pt"&gt;&lt;font style="font-size: 8pt"&gt;Total deferred tax assets&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;6,693&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;6,040&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.55pt"&gt;&lt;font style="font-size: 8pt"&gt;Net deferred tax assets&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 4,521&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 3,390&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"&gt;The amount of deferred tax liabilities
and assets at December 31, 2011 and 2012 were as follows:&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td colspan="3" style="text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;As of December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 66%; padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 15%; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2011&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 2%; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 15%; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Gross current deferred tax liabilities&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (49)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (63)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Gross current deferred tax assets&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;5,234&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;3,282&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Valuation allowance for deferred tax assets&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(85)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt; padding-left: 9pt; text-indent: -9pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.55pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;5,234&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;3,197&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Net current deferred tax assets &lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;5,185 &lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;3,134 &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Gross non-current deferred tax liabilities&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(2,123)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(2,587)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Gross non-current deferred tax assets&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;2,334&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;4,099 &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Valuation allowance for deferred tax assets&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(875) &lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(1,256) &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt; padding-left: 9pt; text-indent: -9pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.55pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,459 &lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;2,843 &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Net non-current deferred tax (liabilities) assets &lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(664) &lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;256 &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Net deferred tax assets&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 4,521&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 3,390&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"&gt;The deferred tax liabilities and assets are presented in
the accompanying consolidated balance sheets as follows:&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td colspan="3" style="text-align: center; text-indent: -0.9pt"&gt;&lt;font style="font-size: 8pt"&gt;As of December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 66%; padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 15%; padding-left: 0.9pt; text-align: center; text-indent: -0.9pt"&gt;&lt;font style="font-size: 8pt"&gt;2011&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 2%; text-align: center; text-indent: -0.9pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 15%; padding-left: 0.9pt; text-align: center; text-indent: -0.9pt"&gt;&lt;font style="font-size: 8pt"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 10pt; text-align: right; text-indent: -0.9pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 10pt; text-align: right; text-indent: -0.9pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 10pt; text-align: right; text-indent: -0.9pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Current &lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right; text-indent: -0.9pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right; text-indent: -0.9pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right; text-indent: -0.9pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Deferred tax assets &lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 5,185 &lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right; text-indent: -0.9pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 3,134 &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt; padding-left: 9pt; text-indent: -9pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right; text-indent: -0.9pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.55pt"&gt;&lt;font style="font-size: 8pt"&gt;Total current &lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;5,185&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right; text-indent: -0.9pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;3,134&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right; text-indent: -0.9pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right; text-indent: -0.9pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Non-current&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right; text-indent: -0.9pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Deferred tax assets &lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;517 &lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right; text-indent: -0.9pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;2,475 &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Deferred tax liabilities &lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(1,181)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right; text-indent: -0.9pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(2,219)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.55pt"&gt;&lt;font style="font-size: 8pt"&gt;Total non-current&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(664) &lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right; text-indent: -0.9pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;256 &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 8pt; text-align: right; text-indent: -0.9pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: #CCEEFF"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 0.7pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; text-indent: -0.9pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: bottom; padding-right: 0.7pt; text-align: justify"&gt;&lt;font style="font-size: 8pt"&gt;Net deferred tax assets&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 4,521&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; text-indent: -0.9pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 3,390&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"&gt;As of December 31, 2011 and 2012,
the Company has available unused net operating losses that may be applied against future taxable income and that expire as follows
respectively:&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top; width: 25%; border-bottom: windowtext 1pt solid; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;Year of expiration&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: top; width: 2%"&gt;&amp;#160;&lt;/td&gt;
    &lt;td nowrap="nowrap" style="width: 41%"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; width: 15%; border-bottom: windowtext 1pt solid; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2011&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: top; width: 2%; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; width: 15%; border-bottom: windowtext 1pt solid; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: #CCEEFF"&gt;
    &lt;td nowrap="nowrap" style="text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2012&lt;/font&gt;&lt;/td&gt;
    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 656&lt;/font&gt;&lt;/td&gt;
    &lt;td nowrap="nowrap" style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td nowrap="nowrap" style="text-align: right; text-indent: 5.5pt"&gt;&lt;font style="font-size: 8pt"&gt;$ &lt;font style="font-family: Courier New, Courier, Monospace"&gt;&amp;#150;&amp;#160;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td nowrap="nowrap" style="text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2013&lt;/font&gt;&lt;/td&gt;
    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;461&lt;/font&gt;&lt;/td&gt;
    &lt;td nowrap="nowrap" style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;477&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: #CCEEFF"&gt;
    &lt;td nowrap="nowrap" style="text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2014&lt;/font&gt;&lt;/td&gt;
    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;853&lt;/font&gt;&lt;/td&gt;
    &lt;td nowrap="nowrap" style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;864&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td nowrap="nowrap" style="text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2015&lt;/font&gt;&lt;/td&gt;
    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;356&lt;/font&gt;&lt;/td&gt;
    &lt;td nowrap="nowrap" style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;361&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: #CCEEFF"&gt;
    &lt;td nowrap="nowrap" style="text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2016&lt;/font&gt;&lt;/td&gt;
    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;839&lt;/font&gt;&lt;/td&gt;
    &lt;td nowrap="nowrap" style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;856&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td nowrap="nowrap" style="text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2017&lt;/font&gt;&lt;/td&gt;
    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font: 8pt Courier New, Courier, Monospace"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td nowrap="nowrap" style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,661&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: #CCEEFF"&gt;
    &lt;td nowrap="nowrap" style="text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;No expiration&lt;/font&gt;&lt;/td&gt;
    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,801&lt;/font&gt;&lt;/td&gt;
    &lt;td nowrap="nowrap" style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td nowrap="nowrap" style="text-align: right"&gt;&lt;font style="font: 8pt Courier New, Courier, Monospace"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td nowrap="nowrap" colspan="2"&gt;&amp;#160;&lt;/td&gt;
    &lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
    &lt;td nowrap="nowrap" style="border-top: windowtext 1pt solid; border-bottom: windowtext 2.25pt double; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 4,966&lt;/font&gt;&lt;/td&gt;
    &lt;td nowrap="nowrap" style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td nowrap="nowrap" style="border-top: windowtext 1pt solid; border-bottom: windowtext 2.25pt double; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 4,219&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 6.2pt 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;The remaining
net operating losses can be carried forward, subject to any condition to be met under the relevant tax laws of the respective jurisdictions.
The utilization of these net operating loss carry forwards is subject to agreement by the income tax authorities in the respective
jurisdictions.&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify"&gt;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify"&gt;A reconciliation of the beginning and
ending amounts of unrecognized tax benefits is as follows:&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;&lt;b&gt;Change in Uncertain Tax Positions&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;
    &lt;td colspan="6" style="padding-right: 5pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;As of December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top; width: 55%; padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; width: 2%; padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; width: 13%; border-bottom: windowtext 1pt solid; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2010&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; width: 2%; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; width: 13%; border-bottom: windowtext 1pt solid; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2011&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; width: 2%; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; width: 13%; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Balance at January 1&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 2,198&lt;/font&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 2,332&lt;/font&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 2,640&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 63.8pt; padding-left: 16pt; text-indent: -11pt"&gt;&lt;font style="font-size: 8pt"&gt;Additions based on tax positions related to the current year&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;134&lt;/font&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;308&lt;/font&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;28&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 63.8pt; padding-left: 16pt; text-indent: -11pt"&gt;&lt;font style="font-size: 8pt"&gt;Additions for tax positions of prior years&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font: 8pt Courier New, Courier, Monospace"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font: 8pt Courier New, Courier, Monospace"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 63.8pt; padding-left: 16pt; text-indent: -11pt"&gt;&lt;font style="font-size: 8pt"&gt;Settlements&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font: 8pt Courier New, Courier, Monospace"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font: 8pt Courier New, Courier, Monospace"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.55pt; text-indent: 5.5pt"&gt;&lt;font style="font-size: 8pt"&gt;Decrease due to lapses in statute of limitations&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-left: 33pt; text-align: right; text-indent: -33pt"&gt;&lt;font style="font-size: 8pt"&gt;(366)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt; padding-left: 9pt; text-indent: -9pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-right: 0.55pt"&gt;&lt;font style="font-size: 8pt"&gt;Balance at December 31&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-bottom: 3pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 2,332&lt;/font&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-bottom: 3pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 2,640&lt;/font&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-bottom: 3pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 2,302&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"&gt;The Company is not expecting there
would be any reasonably possible change in the total amounts of unrecognized tax benefits within twelve months of the reporting
date. As of December 31, 2011 and 2012, the amount of unrecognized tax benefits (excluding interest and penalties) included in
the consolidated balance sheets that would, if recognized, affect the effective tax rate is $2,640 and $2,302, respectively.&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"&gt;The Company recognized interest expense
and penalties related to income tax matters as a component of income tax expense. The amount of related interest and penalties
the Company have provided as of the dates listed below were:&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td colspan="6" style="padding-right: 5pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;As of December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 55%; padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 13%; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2010&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 2%"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 13%; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2011&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 2%"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 13%; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;Accrued interest on unrecognized tax benefits&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 7pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 1,373&lt;/font&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 7pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 1,783&lt;/font&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 7pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 2,143&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;Accrued penalties on&lt;font style="font-family: Courier New, Courier, Monospace"&gt; &lt;/font&gt;unrecognized tax benefits &lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,948&lt;/font&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;2,256&lt;/font&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;2,284&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="padding-left: 11pt; text-indent: -11pt"&gt;&lt;font style="font-size: 8pt"&gt;Total accrued interest and penalties on unrecognized tax benefits&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 3,321&lt;/font&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 4,039&lt;/font&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 4,427&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify"&gt;&lt;/p&gt;</us-gaap:IncomeTaxDisclosureTextBlock>
  <apwc:ValueAddedTaxDisclosureTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 37.2pt; text-align: justify"&gt;According to the value-added tax&#13;policies of the relevant tax authorities, sales are subject to an output VAT, while the purchase of products is subject to an input&#13;VAT. VAT payable or receivable is the net difference between periodic output VAT and deductible input VAT. The revenue, expenses&#13;and assets are recognized net of the amount of VAT except where the VAT incurred in a purchase of assets or services is not recoverable&#13;from taxation authority, in which case the VAT is recognized as part of the cost of acquisition of the assets or as part of the&#13;expenses item as applicable. Receivables and payables are stated with the VAT incurred. The net amount of VAT recoverable from,&#13;or payable to, the taxation authority is included as part of prepaid expenses and other current assets on the balance sheet.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 35.4pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 35.4pt"&gt;The VAT rates of our Operating Subsidiaries&#13;in various tax jurisdictions are:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 35.4pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="width: 39%; padding-left: 22.5pt"&gt;&lt;font style="font-size: 8pt"&gt;PRC &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 61%; padding-left: 56.65pt; text-indent: -0.05pt"&gt;&lt;font style="font-size: 8pt"&gt;17%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-left: 22.5pt"&gt;&lt;font style="font-size: 8pt"&gt;Singapore&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 56.6pt; text-indent: 5.5pt"&gt;&lt;font style="font-size: 8pt"&gt;7%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-left: 22.5pt"&gt;&lt;font style="font-size: 8pt"&gt;Thailand&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 56.6pt; text-indent: 5.5pt"&gt;&lt;font style="font-size: 8pt"&gt;6%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="text-indent: 22pt"&gt;&lt;font style="font-size: 8pt"&gt;Australia &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 56.65pt; text-indent: -0.05pt"&gt;&lt;font style="font-size: 8pt"&gt;10%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</apwc:ValueAddedTaxDisclosureTextBlock>
  <apwc:AccumulatedOtherComprehensiveIncomeLossTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 37.2pt; text-align: justify"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;The&#13;changes in the balances of each component of accumulated other comprehensive income (loss) for the years ended December 31, 2010,&#13;2011 and 2012 are as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 9pt"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 48%; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13%; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;Currency translation adjustment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13%; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;Defined benefit pension plan&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13%; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;Unrealized loss on available-for-sale securities and others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13%; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;Total&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5pt; text-indent: -4.4pt"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 1.5pt; padding-left: 2pt"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;Balance at January 1, 2010 &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (9,660)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (68)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (467)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (10,195)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;Current-period other comprehensive income (loss)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; text-indent: 0.25in"&gt;&lt;font style="font-size: 8pt"&gt;12,027&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(472)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; text-indent: 27pt"&gt;&lt;font style="font-size: 8pt"&gt;(74)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; text-indent: 0.25in"&gt;&lt;font style="font-size: 8pt"&gt;11,481 &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt"&gt;Balance at December 31, 2010&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 2,367&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (540)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (541)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 1,286&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;Current-period other comprehensive loss&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; text-indent: 22.5pt"&gt;&lt;font style="font-size: 8pt"&gt;(931)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(69)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; text-indent: 31.5pt"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; text-indent: 0.25in"&gt;&lt;font style="font-size: 8pt"&gt;(1,000) &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;Balance at December 31, 2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 1,436&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (609)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (541)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 286&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;Current-period other comprehensive income (loss)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; text-indent: 22.5pt"&gt;&lt;font style="font-size: 8pt"&gt;5,834&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; text-indent: 22.5pt"&gt;&lt;font style="font-size: 8pt"&gt;(696)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; text-indent: 31.5pt"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; text-indent: 22.5pt"&gt;&lt;font style="font-size: 8pt"&gt;5,138&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 5pt; text-indent: -4.4pt"&gt;&lt;font style="font-size: 8pt"&gt;Balance at December&#13;    31, 2012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 7,270&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (1,305)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 9pt"&gt;$ (541)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 9pt"&gt;$ 5,424&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</apwc:AccumulatedOtherComprehensiveIncomeLossTextBlock>
  <us-gaap:UnusualOrInfrequentItemsDisclosureTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 33.05pt; text-align: justify; text-indent: 0pt"&gt;Siam Pacific,&#13;a wholly owned subsidiary of Charoong Thai, suspended operations temporarily in 2011 due to damage sustained from the region&amp;#146;s&#13;flooding. The facilities of Siam Pacific, located 30 kilometers north of Bangkok, manufactures enameled wire and communication&#13;wire. The facility sustained water damage, as the water level reached approximately 1.5 meters which damaged some of the machinery&#13;and equipment in the plant, as well as some of the inventories in the warehouse. As a result, the Company recorded $3,947 and $888&#13;of flood-related charges, including property, plant and equipment impairments, repairing charges and a write-down of damaged inventory&#13;and recognized $874 and $8 of deferred tax assets related to the charges in 2011 and 2012, respectively. These charges are separately&#13;stated as a line item, &amp;#147;Charges related to flooding&amp;#148; included in operating expense on the consolidated statement of&#13;operations.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 33pt; text-align: justify; text-indent: -33pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 34.9pt; text-align: justify"&gt;The following table summarizes the&#13;flood related charges for the years ended December 31, 2011 and 2012:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 5pt 0 0; text-align: right; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 73.35pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="padding-right: 0.7pt; text-align: center; text-indent: 1pt"&gt;&lt;font style="font-size: 8pt"&gt;Year ended December 31, &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 70%; padding-right: 73.35pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: center; text-indent: 1pt"&gt;&lt;font style="font-size: 8pt"&gt;2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: center; text-indent: 1pt"&gt;&lt;font style="font-size: 8pt"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 73.35pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 14.15pt"&gt;&lt;font style="font-size: 8pt"&gt;Inventory write-down&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.55pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 3,572&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.55pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ &lt;font style="font-family: Courier New, Courier, Monospace"&gt;&amp;#150;&amp;#160;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 14.15pt"&gt;&lt;font style="font-size: 8pt"&gt;Property, plant and equipment impairment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.55pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;25&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.55pt; text-align: right"&gt;&lt;font style="font: 8pt Courier New, Courier, Monospace"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 14.15pt; padding-left: 9pt; text-indent: -9pt"&gt;&lt;font style="font-size: 8pt"&gt;Repairing charges&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;350&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;888&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 73.35pt"&gt;&lt;font style="font-size: 8pt"&gt;Total charges&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 0.55pt; text-align: right; text-indent: 5.5pt"&gt;&lt;font style="font-size: 8pt"&gt;$ 3,947&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 0.55pt; text-align: right; text-indent: 5.5pt"&gt;&lt;font style="font-size: 8pt"&gt;$ 888&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 34.9pt; text-align: justify"&gt;The Company&amp;#146;s insurance policy&#13;covers the flood damage to the building, machinery, and inventory; however, it does not cover losses incurred due to the business&#13;disruption. The process of submitting claims to the Company&amp;#146;s insurers was ongoing and the Company was unable to determine&#13;of the amount of losses to be recovered from the insurance company in 2011.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 5pt 0 35pt; text-align: justify"&gt;During the year ended December 31,&#13;2012, Siam Pacific received a letter which confirmed the settlement amount of $4.8 million (Baht 149 million) from an independent&#13;surveyor on behalf of the insurance company. The Company recorded the compensation of $4.8 million as a component of in the consolidated&#13;statement of operations in the year ended December 31, 2012. During the year ended December 31, 2012, Siam Pacific received payment&#13;of $3.5 million (Baht 109 million) and Siam Pacific expected that the remaining of $1.3 million will be received within six months&#13;after the balance sheet date and recorded as prepaid expenses and other current assets on the balance sheet.&lt;/p&gt;</us-gaap:UnusualOrInfrequentItemsDisclosureTextBlock>
  <us-gaap:FairValueDisclosuresTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0pt"&gt;The following
methods and assumptions were used by the Company in estimating its fair value disclosures for financial instruments:&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify;"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; "&gt;&lt;u&gt;Cash
and cash equivalents&lt;/u&gt;:&amp;#160; The carrying amount reported in the balance sheet for cash and cash equivalents approximates its
fair value because of the short-term maturity of these instruments.&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; pt"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify;"&gt;&lt;u&gt;Bank
deposits&lt;/u&gt;:&amp;#160; The carrying amount reported in the balance sheet for bank deposits approximates its fair value because of
the short-term maturity of these instruments.&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify;"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify;"&gt;&lt;u&gt;Accounts
receivable and accounts payable&lt;/u&gt;:&amp;#160; The carrying amounts reported in the balance sheet for accounts receivable and accounts
payable approximate their fair values because of the short-term maturity of these instruments.&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; "&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify;"&gt;&lt;u&gt;Related
party balances&lt;/u&gt;:&amp;#160; The carrying amounts reported in the balance sheet for related party balances approximate their fair
values because of the short-term maturity of these instruments.&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.1pt; text-align: justify"&gt;&lt;u&gt;Short-term loan&lt;/u&gt;: The carrying
amounts of the Company&amp;#146;s borrowings under its short-term revolving credit arrangements approximate their fair values. The
fair value of the non-interest bearing short-term loan from related parties approximates to its carrying amount as it is repayable
on demand. &amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 71.5pt; text-align: justify; text-indent: 2.75pt"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify"&gt;&lt;u&gt;Foreign currency forward contracts&lt;/u&gt;:
The fair values of foreign currency forward contracts are estimated by reference to market quotations for forward contracts with
similar terms, adjusted where necessary for maturity differences. The foreign currency forward contracts are classified within
Level 2 as the valuation inputs are based on quoted prices and market observable data of similar instruments.&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 28.3pt; text-align: justify; text-indent: 2.75pt"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify"&gt;&lt;u&gt;Held-to-maturity securities&lt;/u&gt;:
Held-to-maturity securities are recorded as either short term or long term on the balance sheet, based on contractual maturity
date and are stated at amortized cost. The maturity for short term held-to-maturity securities are less than one year, the estimated
fair value approximated its amortized cost. The maturity for the investment in subordinated debentures is ten years and the debentures
is marketable. The market yield is close to coupon rate, the fair value approximated its amortized cost as of December 31, 2012.&lt;/p&gt;</us-gaap:FairValueDisclosuresTextBlock>
  <us-gaap:ConcentrationRiskDisclosureTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -36.55pt"&gt;(a)&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Concentrations of credit risk&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -1in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -40pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Financial instruments that potentially subject the Company to significant concentrations of credit risk consist principally of
cash and cash equivalents, bank deposits, held-to-maturity securities, and accounts receivable.&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -1in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -40pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;The Company maintains cash and cash equivalents with various financial institutions. These financial institutions are located in
Singapore, Thailand, Australia, Hong Kong and the People&amp;#146;s Republic of China. The Company&amp;#146;s policy is designed to limit
its exposure to any one institution. The Company performs periodic evaluations of the relative credit standing of those financial
institutions that are considered in the Company&amp;#146;s investment strategy.&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -1in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -40pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Concentrations of credit risk with respect to accounts receivable are limited due to the large number of entities comprising the
Company&amp;#146;s customer base. The Company carefully assesses the financial strength of its customers and generally does not require
any collateral. At December 31, 2012, one Singapore subsidiary&amp;#146;s customer accounted for 10% of the Company&amp;#146;s accounts
receivable. The Company&amp;#146;s exposure to credit risk arises from default of counterparty, with maximum exposure equal to the
carrying amount of these financial instruments.&amp;#160; &amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-indent: -1in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -1.1pt"&gt;The Company is
exposed to credit loss in the event of non-performance by counter parties on foreign exchange contracts, but the Company does not
anticipate non-performance by any counter parties.&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -1.1pt"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 70pt; text-align: justify; text-indent: -35pt"&gt;(b)&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Concentrations of customers&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;
&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160; &amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 69.8pt; text-align: justify"&gt;No single customer accounted for
more than 10% of the total revenue for the years ended December 31, 2010, 2011 and 2012.&amp;#160;&amp;#160;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1.25in; text-align: justify; text-indent: -55pt"&gt;(c)&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Risk related to copper and supplier&lt;/p&gt;

&lt;p style="font: 8pt Courier New, Courier, Monospace; margin: 0 0 0 1in; text-align: justify; text-indent: -1in"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;
&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 70pt; text-align: justify"&gt;Copper is the principal raw material
used by the Company. The Company purchases copper at prices closely related to the prevailing international spot market prices
on the London Metal Exchange for copper. The price of copper is influenced heavily by global supply and demand as well as speculative
trading. Consequently, a change in the price of copper will have a direct effect on the Company&amp;#146;s cost of sales.&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 70pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 70pt; text-align: justify"&gt;Substantially all of the Company&amp;#146;s
copper rods are supplied by PEWC. In addition to copper rod, the Company purchases high voltage power cable from PEWC for distribution
purposes.&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 71.1pt; text-align: justify; text-indent: -1.1pt"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1.25in; text-align: justify; text-indent: -55pt"&gt;(d)&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160; Foreign exchange risk&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 70.9pt; text-align: justify; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Changes in exchange rates influence the Company&amp;#146;s results of operations. The Company&amp;#146;s principal operations are located
in Thailand, the PRC and Singapore and a substantial portion of its revenues are denominated in Thai Baht, U.S. Dollars or Singapore
Dollars, whereas a substantial portion of the Company&amp;#146;s cost of sales are denominated in U.S. Dollars. Any devaluation of
the Thai Baht or Singapore dollar against the US dollar would have an adverse impact on the operations of the Company.&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -1.1pt"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 60pt; text-align: justify; text-indent: -24pt"&gt;(f)&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;
&amp;#160;&amp;#160;&amp;#160;&amp;#160; Current vulnerability due to certain other concentrations&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 60pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 70.9pt; text-align: justify"&gt;The Company conducts substantial
business operations in the PRC. The results of operations and prospects may be adversely affected by significant economic, legal
and other developments in the PRC. Although the PRC government has been pursuing economic reform policies for more than 20 years,
no assurance can be given that the PRC government will continue to pursue such policies or that such policies may not be significantly
altered, especially in the event of a change in leadership, social or political disruption or unforeseen circumstances affecting
the PRC&amp;#146;s political, economic and social conditions. There is also no guarantee that the PRC government&amp;#146;s pursuit of
economic reforms will be consistent or effective.&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 70.9pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 60pt; text-align: justify; text-indent: -24pt"&gt;(g)&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;
&amp;#160;&amp;#160;&amp;#160;&amp;#160;Concentration in the geographic area&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 60pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 70.9pt; text-align: justify"&gt;The Company conducts substantial
business operations in the Thailand, PRC, Singapore and Australia. See note 21 &amp;#150; Segment Financial Information for details.&lt;/p&gt;</us-gaap:ConcentrationRiskDisclosureTextBlock>
  <us-gaap:RelatedPartyTransactionsDisclosureTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify; text-indent: 0.05pt"&gt;The related&#13;parties are defined as affiliates of the Company; entities for which investments are accounted for by the equity method by the&#13;Company; the principal owners of the Company; its management; members of the immediate families of the principal owners of the&#13;Company and its management.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify; text-indent: 0.05pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;Moon View Venture&#13;Limited (&amp;#147;Moon View&amp;#148;), PEWC, Singapore Branch and PEWC Singapore Co. (Pte) Ltd. are controlled by PEWC.&amp;#160; Moon&#13;View is the immediate holding company of the Company. Italian-Thai Development Public Company Limited (&amp;#147;Italian-Thai&amp;#148;)&#13;is the noncontrolling shareholder of one of the Company&amp;#146;s Operating Subsidiaries in Thailand. SPHC is one of the Company&amp;#146;s&#13;equity investees. Fujikura Limited is a noncontrolling shareholder of one of the Company&amp;#146;s Operating Subsidiaries in Thailand.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;As of December 31, &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 70%; padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 2%; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: justify"&gt;&lt;font style="font-size: 8pt"&gt;Due from:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: justify"&gt;&lt;font style="font-size: 8pt"&gt;PEWC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 1,797&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 542&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: justify"&gt;&lt;font style="font-size: 8pt"&gt;PEWC, Singapore Branch&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,071&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,101&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.55pt; padding-left: 8.6pt; text-align: justify; text-indent: -8.6pt"&gt;&lt;font style="font-size: 8pt"&gt;Italian-Thai and its affiliates&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,180&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;2,096 &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: justify"&gt;&lt;font style="font-size: 8pt"&gt;SPHC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,179&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;327 &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.55pt; padding-left: 9pt; text-align: justify; text-indent: -9pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 5,227&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 4,066 &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.55pt; padding-left: 9pt; text-align: justify; text-indent: -9pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 5pt"&gt;&lt;font style="font-size: 8pt"&gt;Due to:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: justify"&gt;&lt;font style="font-size: 8pt"&gt;PEWC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 9,490&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 7,513 &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: justify"&gt;&lt;font style="font-size: 8pt"&gt;PEWC, Singapore Branch&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;893&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;892&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: justify"&gt;&lt;font style="font-size: 8pt"&gt;PEWC Singapore Co. (Pte) Ltd.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,276&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,185 &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: justify"&gt;&lt;font style="font-size: 8pt"&gt;Fujikura Limited&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;184 &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;226 &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: justify"&gt;&lt;font style="font-size: 8pt"&gt;TMP&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;60 &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;119 &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.55pt; padding-left: 8.6pt; text-align: justify; text-indent: -8.6pt"&gt;&lt;font style="font-size: 8pt"&gt;SPHC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;2,384 &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,493 &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: justify"&gt;&lt;font style="font-size: 8pt"&gt;Shandong Huayu&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;406&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.55pt; padding-left: 9pt; text-align: justify; text-indent: -9pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 14,693 &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 11,428 &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.55pt; padding-left: 9pt; text-align: justify; text-indent: -9pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: justify"&gt;&lt;font style="font-size: 8pt"&gt;Short-term loan from:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5pt"&gt;&lt;font style="font-size: 8pt"&gt;Moon View&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 1,732 &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 1,732&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0pt"&gt;The interest&#13;rates on the short-term loan from Moon View range from 1.36% to 1.58% and are repayable upon demand. All balances with related&#13;parties are unsecured.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;The transactions undertaken with related parties are summarized as follows:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="5" style="padding-right: 0.7pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;Year ended December 31, &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 55%; padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2010&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Purchases of copper from PEWC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 42,236 &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 44,466 &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 21,443 &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Purchases of power cables from PEWC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;3,846&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;7,164&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;8,705&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 14.2pt; text-indent: -14.2pt"&gt;&lt;font style="font-size: 8pt"&gt;Purchases of raw materials from TMP&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,153&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,139&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,340&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 5.5pt; text-indent: -5.5pt"&gt;&lt;font style="font-size: 8pt"&gt;Purchases of goods from PEWC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;210&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;320&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;378&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 5.5pt; text-indent: -5.5pt"&gt;&lt;font style="font-size: 8pt"&gt;Purchases of goods from Fujikura Limited&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;2,536&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,348&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,074&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Purchases of machinery from PEWC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;203&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Sales to Italian Thai and its affiliates&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;3,741&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;3,663&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;2,563&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.55pt; padding-left: 9.05pt; text-indent: -9.05pt"&gt;&lt;font style="font-size: 8pt"&gt;Sales to PEWC &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;65&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;106&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.55pt; padding-left: 9.05pt; text-indent: -9.05pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 11pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 11pt; text-align: justify; text-indent: -11pt"&gt;&lt;font style="font-size: 8pt"&gt;Interest expense paid to PEWC Singapore Co. (Pte) Ltd.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;14&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;13&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;14&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Management fee paid to PEWC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;204&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;239&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;388&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 5.5pt; text-align: justify; text-indent: -5.5pt"&gt;&lt;font style="font-size: 8pt"&gt;Management fee received from PEWC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font: 8pt Courier New, Courier, Monospace"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;19&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;19&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 5.5pt; text-align: justify; text-indent: -5.5pt"&gt;&lt;font style="font-size: 8pt"&gt;Management fee received from PEWC, Singapore Branch &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;14&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;14&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;15&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 11pt; text-indent: -11pt"&gt;&lt;font style="font-size: 8pt"&gt;Management fee received from Italian-Thai&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;34&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font: 8pt Courier New, Courier, Monospace"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font: 8pt Courier New, Courier, Monospace"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.55pt; padding-left: 14.5pt; text-indent: -14.5pt"&gt;&lt;font style="font-size: 8pt"&gt;Dividend income from TMP &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;106&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;111&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;109&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: justify"&gt;&lt;font style="font-size: 8pt"&gt;Information technology service fee paid to PEWC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;35&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;38&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;136&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 42.55pt; text-indent: -0.5in"&gt;&lt;br clear="all" /&gt;&#13;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Copper is the major raw material of the Company&amp;#146;s wire and cable products.&amp;#160; The Company purchases copper in the form&#13;of copper rods and copper cathode.&amp;#160; Copper cathode is purchased by Siam Pacific to avoid the high import tariffs levied on&#13;copper rods.&amp;#160; Copper cathode needs to be processed into copper rods prior to the manufacturing of wire and cable products.&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Substantially all of the Company&amp;#146;s copper rods are supplied by PEWC while copper cathodes are supplied by unrelated third&#13;parties. The price of copper rods purchased from PEWC is determined by reference to the quoted copper prices on the London Metal&#13;Exchange (the &amp;#147;LME&amp;#148;) plus a certain premium.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;In addition to copper rods, the Company purchases high voltage power cable from PEWC for distribution purposes. The purchase price&#13;of power cable from PEWC is determined by reference to the quoted copper prices on the LME. No sales commission was received from&#13;PEWC during the years ended December 31, 2010, 2011 and 2012.&amp;#160;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160; &amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Pursuant to the composite services agreement:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -60pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;(a)&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160; PEWC will sell copper rod to the Company, upon the Company&amp;#146;s request, (i) at&#13;a price consisting of the average spot price of copper on the LME for the one month prior to purchase plus an agreed upon premium,&#13;(ii) at prices and on terms at least as favorable as it provides copper rod to other purchasers of similar amounts of copper rod&#13;in the same markets as PEWC and (iii) will give priority in the supply of copper rod to the Company over other purchasers of copper&#13;rod from PEWC.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -1in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -60pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;(b)&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160; PEWC grants to the Company the right to distribute any wire or cable product manufactured&#13;by PEWC in all markets in which the Company presently distributes or develops the capability to distribute in the future, such&#13;products on such terms as have historically been in effect or on terms at least as favorable as PEWC grants to third parties that&#13;distribute such products in such markets. However, PEWC shall not be required to grant to the Company the right to distribute products&#13;manufactured by PEWC in the future in markets where the Company does not currently have the capability to distribute unless and&#13;until PEWC has no pre-existing contractual rights which would conflict with the grant of such right to the Company.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -1in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -60pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;(c)&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160; PEWC will make available to the Company, upon the Company&amp;#146;s request and on&#13;terms to be mutually agreed between PEWC and the Company from time to time, access to certain of PEWC&amp;#146;s technology (and PEWC&#13;personnel necessary to use such technology) with respect to the design and manufacture of wire and cable products, including, without&#13;limitation, certain fiber optic technology.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -1in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -60pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;(d)&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160; PEWC will make available to the Company, upon the Company&amp;#146;s request and on&#13;terms to be mutually agreed between PEWC and the Company from time to time, certain services with respect to the design and manufacture&#13;of wire and cable products, computerization, inventory control, purchasing, internal auditing, quality control, emergency back-up&#13;services, and recruitment and training of personnel; such services may include the training of the Company&amp;#146;s employees and&#13;managers at PEWC facilities and the secondment of PEWC employees and managers to the Company.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -1in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -60pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;(d)&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160; Each of PEWC and the Company will offer the other party the right to participate&#13;in any negotiations with a third party concerning the establishment of any facility or similar venture to manufacture or distribute&#13;any wire or cable product outside of the markets where the Company currently manufactures or distributes, or intends to develop&#13;the capability to manufacture or distribute, any wire or cable product. Unless the Company and PEWC mutually agree otherwise, the&#13;Company shall have the right of first refusal to enter into any definitive agreement with such third party. If, however, such third&#13;party would not agree to the substitution of the Company for PEWC or such substitution would prevent the successful completion&#13;of the facility or venture, PEWC will arrange for the Company to participate to the extent possible.&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -60pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;(f)&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160; Without the consent of the Company, PEWC will not compete with respect to the&#13;manufacture of wire and cable products in any market in which the Company is manufacturing or has taken significant steps to&#13;commence manufacturing.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -1in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -60pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;(g)&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160; For purposes of the composite services agreement, each province in China is considered&#13;the equivalent of a market.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -1in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -60pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;(h)&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160; The composite services agreement dated November 7, 1996 has a three-year term. The&#13;Agreement originally expired on November 7, 1999. The Company gave a notice to extend the Agreement by successive one-year periods&#13;commencing on April 20, 2001. The notice is treated as a standing notice for successive one-year period renewals until further&#13;written notice from the Company.&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;To the extent that transactions occur in the future between the Company and PEWC or affiliates of PEWC other than under the Composite&#13;Service Agreement, such transactions will be entered into on an arm&amp;#146;s length basis on terms no less favorable than those&#13;available from unaffiliated third parties.&lt;/p&gt;</us-gaap:RelatedPartyTransactionsDisclosureTextBlock>
  <us-gaap:PensionAndOtherPostretirementBenefitsDisclosureTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; background-color: white"&gt;The Company
records the funded status of the Company&amp;#146;s defined benefit plans in the consolidated balance sheet. Actuarial gains and losses
and prior service costs continue to be deferred and recognized in expense ratably over appropriate future periods, but the overfunded
or underfunded status of the defined benefit plans is now measured as the difference between the fair value of plan assets and
the projected benefit obligation (&amp;#147;PBO&amp;#148;). This difference is recorded as an asset (if overfunded) or a liability (if
underfunded), with a corresponding adjustment to accumulated other comprehensive loss, net of tax. The net unrecognized actuarial
loss and unrecognized prior service costs are recognized in net periodic benefit cost in the consolidated statements of operations,
those amounts are reclassified from accumulated other comprehensive (loss) income. The Company currently measures the funded status
of its plan as of the balance sheet date.&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"&gt;In accordance with the Thailand labor
law, Charoong Thai&lt;font style="font-family: PMingLiU,serif"&gt; &lt;/font&gt;is obliged to make payment to retiring employees, at rates
of 1 to 10 times of their final month&amp;#146;s salary rate, depending on the length of service. The Company&amp;#146;s net periodic
benefit cost was $539, $288 and $851 for the years ended December 31, 2010, 2011 and 2012, respectively.&amp;#160; The plan is not
funded and the amount is recognized $453 in current liabilities and $5,387 in other non-current liabilities on the balance sheet.
The Company pays to settle the obligations as and when employees retire.&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"&gt;The Company has several defined contribution
plans covering its employees in Australia, PRC and Singapore. Contributions to the plan are made annually. Total charges of continuing
operations for the years ended December 31, 2010, 2011 and 2012 were $708, $891, and $1,253, respectively and for the year ended
December 31, 2010 and the period ended November 30, 2011, that of discontinued operations were $138 and $205, respectively.&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify; text-indent: 0.55pt"&gt;In conformity
with ASC 715 &lt;i&gt;&amp;#147;Compensation &amp;#150; Retirement Benefits&amp;#148;&lt;/i&gt; (&amp;#147;ASC 715&amp;#148;), the following table sets forth
the Plan&amp;#146;s funded status and pension amounts recognized as at December 31, 2010, 2011 and 2012 based on the latest actuarial
valuation:&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify; text-indent: 0.55pt"&gt;&amp;#160;&lt;/p&gt;

&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top; width: 66%; border-top: windowtext 1.5pt solid; border-bottom: windowtext 1pt solid; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; width: 12%; border-top: windowtext 1.5pt solid; border-bottom: windowtext 1pt solid; padding-right: 11pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;2010&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; width: 11%; border-top: windowtext 1.5pt solid; border-bottom: windowtext 1pt solid; padding-right: 11pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;2011&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; width: 11%; border-top: windowtext 1.5pt solid; border-bottom: windowtext 1pt solid; padding-right: 11pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt"&gt;Change in benefit obligation:&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: #CCEEFF"&gt;
    &lt;td style="vertical-align: top; padding-left: 9pt"&gt;&lt;font style="font-size: 8pt"&gt;Benefit obligation at beginning of year &lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 2,012 &lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 2,761&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 2,935&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top; padding-left: 9pt"&gt;&lt;font style="font-size: 8pt"&gt;Foreign currency translation adjustments&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;285&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(136)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;110&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: #CCEEFF"&gt;
    &lt;td style="vertical-align: top; padding-left: 9pt"&gt;&lt;font style="font-size: 8pt"&gt;Service cost&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;302&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;181&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;192&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top; padding-left: 9pt"&gt;&lt;font style="font-size: 8pt"&gt;Interest cost&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;223&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;106&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;128&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: #CCEEFF"&gt;
    &lt;td style="vertical-align: top; padding-left: 9pt"&gt;&lt;font style="font-size: 8pt"&gt;Benefits paid&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(61)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(219)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(1,038)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top; padding-left: 9pt"&gt;&lt;font style="font-size: 8pt"&gt;Actuarial loss&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;244&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;153&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: #CCEEFF"&gt;
    &lt;td style="vertical-align: top; padding-left: 9pt"&gt;&lt;font style="font-size: 8pt"&gt;Prior service cost&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;2,973&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top; padding-left: 9pt"&gt;&lt;font style="font-size: 8pt"&gt;Curtailment&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(2)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: #CCEEFF"&gt;
    &lt;td style="vertical-align: top; padding-left: 9pt"&gt;&lt;font style="font-size: 8pt"&gt;Other adjustment &lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;387&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top; border-top: windowtext 1pt solid; border-bottom: windowtext 2.25pt double"&gt;&lt;font style="font-size: 8pt"&gt;Benefit obligation at end of year&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; border-top: windowtext 1pt solid; border-bottom: windowtext 2.25pt double; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 2,761 &lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; border-top: windowtext 1pt solid; border-bottom: windowtext 2.25pt double; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 2,935 &lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; border-top: windowtext 1pt solid; border-bottom: windowtext 2.25pt double; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 5,840 &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: #CCEEFF"&gt;
    &lt;td style="vertical-align: top"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt"&gt;Change in plan assets:&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: #CCEEFF"&gt;
    &lt;td style="vertical-align: top; padding-left: 9pt"&gt;&lt;font style="font-size: 8pt"&gt;Fair value of plan assets at beginning of year&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ &amp;#150;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ &amp;#150;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ &amp;#150;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt"&gt;Employer&amp;#146;s contribution&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: #CCEEFF"&gt;
    &lt;td style="vertical-align: top; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid"&gt;&lt;font style="font-size: 8pt"&gt;Fair value of plan assets at end of year&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ &amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ &amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ &amp;#150;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt"&gt;Funded status&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (2,761)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (2,935)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (5,840)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: #CCEEFF"&gt;
    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt"&gt;Unrealized net transition obligation&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top; border-bottom: windowtext 1pt solid"&gt;&lt;font style="font-size: 8pt"&gt;Unrecognized net actuarial loss (gain)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; border-bottom: windowtext 1pt solid; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; border-bottom: windowtext 1pt solid; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; border-bottom: windowtext 1pt solid; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: #CCEEFF"&gt;
    &lt;td style="vertical-align: top; border-bottom: windowtext 2.25pt double"&gt;&lt;font style="font-size: 8pt"&gt;Accrued benefit cost&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; border-bottom: windowtext 2.25pt double; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (2,761)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; border-bottom: windowtext 2.25pt double; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (2,935)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; border-bottom: windowtext 2.25pt double; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (5,840)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: #CCEEFF"&gt;
    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt"&gt;Components of net periodic benefit cost:&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top; padding-left: 9pt"&gt;&lt;font style="font-size: 8pt"&gt;Service cost&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 302&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 181&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 192&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: #CCEEFF"&gt;
    &lt;td style="vertical-align: top; padding-left: 9pt"&gt;&lt;font style="font-size: 8pt"&gt;Interest cost&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;223&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;106&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;128&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt"&gt;Amortizations of:&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: #CCEEFF"&gt;
    &lt;td style="vertical-align: top; padding-left: 9pt"&gt;&lt;font style="font-size: 8pt"&gt;Unrecognized net prior service cost (credit)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(8) &lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(8) &lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(7) &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top; padding-left: 9pt"&gt;&lt;font style="font-size: 8pt"&gt;Unrecognized actuarial loss&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;22&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;9&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;151&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: #CCEEFF"&gt;
    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt"&gt;Other adjustment&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;387&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top; border-top: windowtext 1pt solid; border-bottom: windowtext 2.25pt double"&gt;&lt;font style="font-size: 8pt"&gt;Net periodic benefit cost&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; border-top: windowtext 1pt solid; border-bottom: windowtext 2.25pt double; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 539&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; border-top: windowtext 1pt solid; border-bottom: windowtext 2.25pt double; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 288&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; border-top: windowtext 1pt solid; border-bottom: windowtext 2.25pt double; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 851&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: #CCEEFF"&gt;
    &lt;td style="vertical-align: top"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top"&gt;
        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0"&gt;Amounts recognized in accumulated other comprehensive loss&lt;/p&gt;
        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 11pt"&gt;consist of the following: (recognized under ASC
        715)&lt;/p&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: #CCEEFF"&gt;
    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt"&gt;Actuarial loss &lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 669 &lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 602 &lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right; text-indent: 5.5pt"&gt;&lt;font style="font-size: 8pt"&gt;$ 748&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt"&gt;Prior service (credit) cost&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(129)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;7&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; text-align: right; text-indent: 22pt"&gt;&lt;font style="font-size: 8pt"&gt;2,862 &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: #CCEEFF"&gt;
    &lt;td style="vertical-align: top; border-top: windowtext 1pt solid; border-bottom: windowtext 2.25pt double"&gt;&lt;font style="font-size: 8pt"&gt;Total recognized in other comprehensive loss&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; border-top: windowtext 1pt solid; border-bottom: windowtext 2.25pt double; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 540&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; border-top: windowtext 1pt solid; border-bottom: windowtext 2.25pt double; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 609&lt;/font&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; border-top: windowtext 1pt solid; border-bottom: windowtext 2.25pt double; text-align: right; text-indent: 5.5pt"&gt;&lt;font style="font-size: 8pt"&gt;$ 3,610&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt"&gt;The accumulated benefit obligations amounted to $2,935
and $5,840 as of December 31, 2011 and 2012, respectively.&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify"&gt;The estimated net loss and prior
service cost (credit) for the defined benefit plans that will be amortized from accumulated other comprehensive (loss) income into
net periodic benefit cost over the next fiscal year are $17 and $175, respectively.&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify"&gt;The actuarial loss increased due
to the change in assumption:&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-align: justify; text-indent: -0.25in"&gt;-&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Discount rate was changed from 4.8%, 4.2% and 4.0% per annum for 2010, 2011 and 2012 to reflect prevailing bond yield.&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-align: justify; text-indent: -0.25in"&gt;-&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;The mortality rate have been updated from TMO97 table (Thailand Mortality Ordinary Lite Tables 1997) to TMO98 table (Thailand Mortality
Ordinary Lite Tables 2008) reflect the latest available mortality study.&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-indent: 0.55pt"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0.55pt"&gt;In 2012, the
benefit obligation, periodic cost and prior service cost increased sharply mainly due to Charoong Thai changed plan provisions:&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 60pt; text-align: justify; text-indent: -24pt"&gt;-&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Effective January 1, 2012, the Extra Benefits payment to retiring employees was changed at rates of 1 to 5 times of final month&amp;#146;s
salary to 29 times. The changes created a prior service cost and increased the benefit obligation totaling $3million (Baht 91million).&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-indent: 0.55pt"&gt;The significant assumptions used
in determining the actuarial present value of the projected benefit obligations as of December 31, 2011 and 2012 are as follows:&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 9pt 0 0; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 66%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 2%"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 15%; border-bottom: windowtext 1pt solid; text-align: center; text-indent: -6.4pt"&gt;&lt;font style="font-size: 8pt"&gt;2011&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 2%; text-align: center; text-indent: -6.4pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 15%; border-bottom: windowtext 1pt solid; text-align: center; text-indent: -6.4pt"&gt;&lt;font style="font-size: 8pt"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;Discount rate &lt;/font&gt;&lt;/td&gt;
    &lt;td&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; padding-left: 6.4pt; text-align: center; text-indent: -6.4pt"&gt;&lt;font style="font-size: 8pt"&gt;4.2%&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; padding-left: 6.4pt; text-align: center; text-indent: -6.4pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; padding-left: 6.4pt; text-align: center; text-indent: -6.4pt"&gt;&lt;font style="font-size: 8pt"&gt;4.0%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;Rate of increase in compensation levels &lt;/font&gt;&lt;/td&gt;
    &lt;td&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;6.0% - 8.0%&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;6.0% &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;Employee turnover rates:&lt;/font&gt;&lt;/td&gt;
    &lt;td&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; padding-left: 6.4pt; text-align: center; text-indent: -6.4pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; padding-left: 6.4pt; text-align: center; text-indent: -6.4pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; padding-left: 6.4pt; text-align: center; text-indent: -6.4pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;Prior to age 29 &lt;/font&gt;&lt;/td&gt;
    &lt;td&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;9.0% - 15.0%&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;9.0% - 15.0%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="text-indent: 0pt"&gt;&lt;font style="font-size: 8pt"&gt;Age 30 to 39&lt;/font&gt;&lt;/td&gt;
    &lt;td&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;4.0% - 7.0%&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;4.0% - 7.0%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="text-indent: 0pt"&gt;&lt;font style="font-size: 8pt"&gt;Age 40 to 49 &lt;/font&gt;&lt;/td&gt;
    &lt;td&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2.0% - 5.0%&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2.0% - 5.0%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;Age 50 and above &lt;/font&gt;&lt;/td&gt;
    &lt;td&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;0.0% - 2.0%&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;0.0% - 2.0%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 1.2pt 0 34.9pt; text-align: justify"&gt;The following pension benefit
payments, which reflect expected future service, as appropriate, are expected to be paid:&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.55pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/p&gt;

&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 87%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: -0.55pt"&gt;Year ended December 31&lt;/p&gt;
        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: -0.55pt"&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;
    &lt;td style="width: 13%; text-indent: -0.55pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="text-align: center; text-indent: -0.55pt"&gt;&lt;font style="font-size: 8pt"&gt;2013&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right; text-indent: 5pt"&gt;&lt;font style="font-size: 8pt"&gt;$ 453&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="text-align: center; text-indent: -0.55pt"&gt;&lt;font style="font-size: 8pt"&gt;2014&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;21&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="text-align: center; text-indent: -0.55pt"&gt;&lt;font style="font-size: 8pt"&gt;2015&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;619&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="text-align: center; text-indent: -0.55pt"&gt;&lt;font style="font-size: 8pt"&gt;2016&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;254&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="text-align: center; text-indent: -0.55pt"&gt;&lt;font style="font-size: 8pt"&gt;2017&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;301&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="text-align: center; text-indent: -0.55pt"&gt;&lt;font style="font-size: 8pt"&gt;2018 - 2022&lt;/font&gt;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;2,248&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;
    &lt;td style="text-align: center; text-indent: -0.55pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 3,896&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;</us-gaap:PensionAndOtherPostretirementBenefitsDisclosureTextBlock>
  <us-gaap:DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify; text-indent: 0pt"&gt;The Company entered&#13;into an agreement to dispose its 51% equity interest in the SPFO joint venture to a group of investors in exchange for a total&#13;cash consideration of RMB18.5 million (approximately $2.9 million), effective upon the directors&amp;#146; approval on September 7,&#13;2011. The purpose of the disposal is to focus on the Company&amp;#146;s core wire and cable business that are more profitable by divesting&#13;its non-core fiber-optics cable, for which the market in China has been very competitive. The share transfer was completed on December&#13;1, 2011, consequently, the Company&amp;#146;s deconsolidated SPFO effective December 1, 2011. The Company recognized $1,962 gain on&#13;disposal of a subsidiary in consolidated statement of operations.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 33pt; text-align: justify; text-indent: -33pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;SPFO was consolidated prior to its&#13;disposal and it met the criteria for reporting as discontinued operations. Therefore, the results of operations of SPFO and the&#13;gain of the disposal have been classified as &amp;#147;Income from operations of discontinued SPFO&amp;#148; in the consolidated statement&#13;of operations for the year ended December 31, 2011 and prior periods' amounts have been reclassified accordingly.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 33pt; text-align: justify; text-indent: -33pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Results from discontinued operations related to SPFO for the year ended December 31, 2010 and period from January 1, 2011 to November&#13;30, 2011 are as follows:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; width: 72%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; width: 2%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; width: 13%; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;Year ended December 31, 2010&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; width: 13%; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;Period ended November 30, 2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt"&gt;Net sales &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 22,736&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 30,210&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt; color: black"&gt;Cost of sales &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(18,072)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(25,111)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;Gross profit&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;4,664&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;5,099&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt"&gt;Selling, general and administrative expenses &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(3,545)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(4,809)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt; color: black"&gt;Recovery of doubtful accounts &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;377&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;68&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt"&gt;Income from discontinued operations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,496&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;358&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt; color: black"&gt;Exchange gain, net &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt; color: black"&gt;Interest income&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;110&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;129&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt; color: black"&gt;Interest expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(1,197)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(1,336)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt; color: black"&gt;Other income (expenses)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;37&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(38)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt; color: black"&gt;Income (loss) before income tax&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;446&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(887)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt"&gt;Gain on disposal of SPFO&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,962&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt"&gt;Income from operations of discontinued SPFO&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;446&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;1,075&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt"&gt;Income tax&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(450)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(229)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt"&gt;Net (loss) income of discontinued operations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (4)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 846&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt"&gt;Net loss attributable to noncontrolling interests&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(547)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt"&gt;Net (loss) income attributable to APWC shareholders &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 1,393&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;The&#13;transactions undertaken with related parties are summarized as follows:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; width: 70%; padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; width: 2%; padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; width: 13%; border-bottom: windowtext 1pt solid"&gt;&#13;        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0.7pt 0 0; text-align: center; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0.7pt 0 0; text-align: center"&gt;Year ended December 31, 2010&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; width: 2%; padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; width: 13%; border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;Period ended November 30, 2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 5.5pt; text-indent: -5.5pt"&gt;&lt;font style="font-size: 8pt"&gt;Purchases of goods from Shandong Yanggu&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;17&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;317&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Sales to Shandong Yanggu&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;96&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;536&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 9.05pt; text-indent: -9.05pt"&gt;&lt;font style="font-size: 8pt"&gt;Sales to SPRC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;160&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;157&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 9.05pt; text-indent: -9.05pt"&gt;&lt;font style="font-size: 8pt"&gt;Interest expense paid to Shandong Yanggu &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;63&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 9.05pt; text-indent: -9.05pt"&gt;&lt;font style="font-size: 8pt"&gt;Management fee paid to Shandong Yanggu &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;387&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</us-gaap:DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock>
  <us-gaap:EquityMethodInvestmentsDisclosureTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 21.2pt 0 0.5in; text-align: justify; text-indent: 0pt"&gt;The&#13;following tables present the summarized financial information of the Company&amp;#146;s principal equity investees, Lox Pac, SPHC,&#13;Shandong Huayu and SPRC.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="padding-right: 0.7pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;As of December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 70%; padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; text-indent: 1pt"&gt;&lt;font style="font-size: 8pt"&gt;Unaudited&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; text-indent: 1pt"&gt;&lt;font style="font-size: 8pt"&gt;Unaudited&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 8.5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 8.5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Current assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 54,968&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 82,231&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Non-current assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;17,961&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;17,381&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Current liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(44,870)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(72,389)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Non-current liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(1,156)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(303)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.55pt; padding-left: 8.6pt; text-indent: -8.6pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.55pt"&gt;&lt;font style="font-size: 8pt"&gt;Total shareholders&amp;#146; equity&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 26,903 &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 26,920 &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 23.65pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="5" style="padding-right: 0.7pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;Year ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 55%; padding-right: 23.65pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2010&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 23.65pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;Unaudited&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;Unaudited&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;Unaudited&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 23.65pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 23.65pt"&gt;&lt;font style="font-size: 8pt"&gt;Net sales&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$44,866&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$55,727&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$57,467&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 23.65pt"&gt;&lt;font style="font-size: 8pt"&gt;Gross profit&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;10,457&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;13,543&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 8pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 8pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;13,207&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 23.65pt"&gt;&lt;font style="font-size: 8pt"&gt;Net loss&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 8.9pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(1,347)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(1,360)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(959)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</us-gaap:EquityMethodInvestmentsDisclosureTextBlock>
  <us-gaap:ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 37.2pt; text-align: justify"&gt;The changes in the balances of each&#13;component of accumulated other comprehensive income (loss) for the years ended December 31, 2010, 2011 and 2012 are as follows:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: -36pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 48%; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;Currency translation adjustment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13%; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;Defined benefit pension plan&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13%; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;Unrealized loss on available-for-sale securities and others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13%; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;Total&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5pt; text-indent: -4.4pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 1.5pt; padding-left: 2pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;Balance at January 1, 2010 &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (9,660)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (68)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (467)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (10,195)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;Current-period other comprehensive income (loss)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; text-indent: 18pt"&gt;&lt;font style="font-size: 8pt"&gt;12,027&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(472)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; text-indent: 27pt"&gt;&lt;font style="font-size: 8pt"&gt;(74)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; text-indent: 18pt"&gt;&lt;font style="font-size: 8pt"&gt;11,481 &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top"&gt;&lt;font style="font-size: 8pt"&gt;Balance at December 31, 2010&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 2,367&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (540)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (541)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 1,286&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;Current-period other comprehensive loss&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; text-indent: 22.5pt"&gt;&lt;font style="font-size: 8pt"&gt;(931)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(69)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; text-indent: 31.5pt"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; text-indent: 18pt"&gt;&lt;font style="font-size: 8pt"&gt;(1,000) &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;Balance at December 31, 2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 1,436&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (609)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (541)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 286&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td&gt;&lt;font style="font-size: 8pt"&gt;Current-period other comprehensive income (loss)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; text-indent: 22.5pt"&gt;&lt;font style="font-size: 8pt"&gt;5,834&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; text-indent: 22.5pt"&gt;&lt;font style="font-size: 8pt"&gt;(696)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; text-indent: 31.5pt"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; text-indent: 22.5pt"&gt;&lt;font style="font-size: 8pt"&gt;5,138&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 5pt; text-indent: -4.4pt"&gt;&lt;font style="font-size: 8pt"&gt;Balance at December 31, 2012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 7,270&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (1,305)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ (541)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 5,424&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</us-gaap:ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock>
  <us-gaap:ScheduleOfFutureMinimumLeasePaymentsForCapitalLeasesTableTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-align: justify"&gt;Future minimum payments under&#13;capital leases and non-cancellable operating leases with initial terms of one year or more consisted of the following as of December&#13;31, 2012:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: -36pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 70%; padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid"&gt;&#13;        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0.7pt 0 0; text-align: center"&gt;Capital&lt;/p&gt;&#13;        &lt;p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0.7pt 0 0; text-align: center"&gt;leases&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: center"&gt;&lt;font style="font-size: 8pt"&gt;Operating leases&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2.85pt; text-align: right; text-indent: 5.5pt"&gt;&lt;font style="font-size: 8pt"&gt;$ 179&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2.85pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2.85pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 1,033&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;2014&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2.85pt; text-align: right; text-indent: 38.5pt"&gt;&lt;font style="font-size: 8pt"&gt;47 &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2.85pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2.85pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;682&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;2015&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2.85pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;30&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2.85pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2.85pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;276&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;2016&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2.85pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;5&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2.85pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2.85pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;187&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2.85pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2.85pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2.85pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;186&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Thereafter&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2.85pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2.85pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2.85pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;2,317&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 9pt; text-indent: -9pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-top: windowtext 1pt solid; padding-right: 2.85pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2.85pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-top: windowtext 1pt solid; padding-right: 2.85pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.55pt"&gt;&lt;font style="font-size: 8pt"&gt;Net minimum lease payments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2.85pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 261&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2.85pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt double; padding-right: 2.85pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 4,681&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2.85pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2.85pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2.85pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Less: amount representing interest&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;(18)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2.85pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2.85pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 9pt; text-indent: -9pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2.85pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2.85pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2.85pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Present value of net minimum lease payments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2.85pt; text-align: right"&gt;&lt;font style="font-size: 8pt"&gt;$ 243&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2.85pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2.85pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt"&gt;&lt;font style="font-size: 8pt"&gt;Less: non-current portion included in other non-current liabilities&lt;/font&gt;&lt;/td&gt;&#13; 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margin: 0 0 0 36pt; text-indent: -36pt"&gt;&amp;#160;&lt;/p&gt;</us-gaap:ScheduleOfFutureMinimumLeasePaymentsForCapitalLeasesTableTextBlock>
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  <us-gaap:DefinedBenefitPlanContributionsByEmployer xsi:nil="true" contextRef="From2011-01-01to2011-12-31" unitRef="Dollars"/>
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  <apwc:PriorServiceCreditCost decimals="-3" contextRef="FY2010_d" unitRef="Dollars">-129000</apwc:PriorServiceCreditCost>
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  <apwc:PriorServiceCreditCost decimals="-3" contextRef="From2011-01-01to2011-12-31" unitRef="Dollars">7000</apwc:PriorServiceCreditCost>
  <apwc:EmployeeTurnoverRates3 decimals="INF" contextRef="AsOf2011-12-31_MinimumMember" unitRef="Pure">0.000</apwc:EmployeeTurnoverRates3>
  <apwc:EmployeeTurnoverRates3 decimals="INF" contextRef="AsOf2011-12-31_MaximumMember" unitRef="Pure">0.020</apwc:EmployeeTurnoverRates3>
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  <apwc:EmployeeTurnoverRates3 decimals="INF" contextRef="AsOf2012-12-31_MaximumMember" unitRef="Pure">0.020</apwc:EmployeeTurnoverRates3>
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  <us-gaap:InventoryPolicyTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Inventories are valued at the lower of&#13;cost or market. Cost is determined using the first-in, first-out or weighted average method.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;If the expected selling price less completion&#13;costs and costs to execute sales (market) is lower than the carrying amount, a write-down is charged to expenses in cost of sales&#13;for the amount by which the carrying amount exceeds its market. When the finished goods that were previously written down to market&#13;are subsequently sold at above market, a recovery is credited to cost of sales. See note 10 &amp;#150; Valuation and Qualifying Accounts.&lt;/p&gt;</us-gaap:InventoryPolicyTextBlock>
  <us-gaap:IncomeTaxPolicyTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The Company follows the liability method&#13;of accounting for income taxes in accordance with ASC 740, &amp;#147;&lt;i&gt;Income Taxes&lt;/i&gt;&amp;#148; (&amp;#147;ASC 740&amp;#148;). Under this&#13;method, deferred tax assets and liabilities are determined based on the difference between the financial reporting and tax bases&#13;of assets and liabilities using enacted tax rates that will be in effect in the period in which the differences are expected to&#13;reverse.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Current income tax expense is the amount&#13;of income taxes expected to be payable for the current year. Deferred income tax balances reflect the effects of temporary differences&#13;between the carrying amounts of assets and liabilities and their tax basis and are stated at enacted tax rates expected to be in&#13;effect when taxes are actually paid or recovered. ASC 740, requires that deferred tax assets be evaluated for future realization&#13;and reduced by a valuation allowance to the extent the Company believes a portion will not be realized. The Company considers many&#13;factors when assessing the likelihood of future realization of its deferred tax assets, including its recent cumulativeearnings&#13;experience and expectations of future taxable income by taxing jurisdiction, the carry-forwardperiods available to the Company&#13;for tax reporting purposes, and other relevant factors.Deferred income tax expense (benefit) is the net change during the year&#13;in the deferred income tax asset or liability.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The Company adopted the provisions of ASC&#13;740 toaccount for uncertainties in income taxes.ASC 740contains a two-step approach to recognizing and measuring uncertain tax&#13;positions. The first step is to evaluate the tax position for recognition bydetermining if the weight of available evidence indicates&#13;it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation&#13;processes, if any. The second step is to measure the tax benefit as the largest amount, which is more than 50% likely of being&#13;realized upon ultimate settlement. The Company considers many factors when evaluating and estimating its tax positions and tax&#13;benefits, which may require periodic adjustments and which may not accurately anticipate actual outcomes. The Company&amp;#146;s policy&#13;is to recognize interest expense and penalties related to income tax matters as a component of income tax expense.&lt;/p&gt;</us-gaap:IncomeTaxPolicyTextBlock>
  <us-gaap:PropertyPlantAndEquipmentPolicyTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="margin: 0pt"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Property, plant and equipment are stated&#13;at cost less depreciation and any impairment losses. Asset leases qualifying as capital leases are also included in property, plant&#13;and equipment. Major renewals and improvements are capitalized and minor replacements, maintenance, and repair expenses are charged&#13;to current operations as incurred. Depreciation is computed using the straight-line method over the estimated useful lives of the&#13;assets or the respective lease term, whichever is shorter, as follows:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 49.65pt; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 49.65pt; text-align: justify"&gt;Land&amp;#9;Nil&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 49.65pt; text-align: justify"&gt;Land use rights&amp;#9;15 -&#13;50 years&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 49.65pt; text-align: justify"&gt;Buildings&amp;#9;5 - 30 year&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 49.65pt; text-align: justify"&gt;Machinery&#13;and equipment 5 - 10 years&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 49.65pt; text-align: justify"&gt;Motor vehicles&amp;#9;3 - 10&#13;years&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 49.65pt; text-align: justify"&gt;Office equipment &amp;#9;3&#13;- 10 years&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;Depreciation expenses&#13;were$6,857, $6,462 and $4,975 for the years ended December 31, 2010, 2011 and 2012, respectively. No depreciation expense is charged&#13;for construction in progress and machinery and equipment under installation.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;Capitalized interest&#13;on construction in progress is added to the cost of the underlying asset and is depreciated over the estimated useful life of the&#13;asset in the same manner as the underlying asset. Interest capitalized for 2011 and 2012 amounted to $9 and $69, respectively.&#13;The capitalized interest was related to and has been included as part of the cost of Ningbo Pacific&amp;#146;s construction in progress.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&amp;#9;When property, plant&#13;and equipment are retired, sold or otherwise disposed of, the asset&amp;#146;s carrying amount and related accumulated depreciation&#13;are removed from the accounts and any gain or loss is included in operations.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;In 2006, the Company terminated the Ningbo&#13;Pacific joint venture and liquidated its major equipment at the Ningbo Pacific facility. In October 2009, the Company has made&#13;a resolution to acquire anadditional shareholding of Ningbo Pacific from the PRCjoint venture partner. The acquisition was completed&#13;on July 22, 2012. The Company plans to resume manufacturing operation with the newly constructed facilities at the Ningbo Pacific&#13;site in 2013.&lt;/p&gt;&#13;&#13;&#13;&#13;&lt;p style="margin: 0pt"&gt;&lt;/p&gt;</us-gaap:PropertyPlantAndEquipmentPolicyTextBlock>
  <us-gaap:GoodwillAndIntangibleAssetsPolicyTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Goodwill represents the excess of the cost&#13;of purchased business over the fair value of the underlying net assets acquired. Goodwill, is not amortized, but tested for impairment&#13;at least annually or more frequently if circumstances indicate that impairment may exist. The Company determined it has three reporting&#13;units in which the entire goodwill was allocated to manufactured product segment.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#9;In accordance with ASC 350 &lt;i&gt;&amp;#147;Intangible&#13;&amp;#150; Goodwill and Others&amp;#148;&lt;/i&gt;, (&amp;#147;ASC 350&amp;#148;), the Company performs a two-step test to assess goodwill impairment.First,&#13;the Company identifies potential goodwill impairment by comparing the fair value of a reporting unit with its carrying amount,&#13;including goodwill. The Company determines fair value using a discounted cash flow approach and makes reference to the market capitalization&#13;of the Company. If the carrying amount of a reporting unit exceeds its fair value, the second step of the goodwill impairment test&#13;is performed to measure the amount of goodwill impairment loss.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Based on the Company&amp;#146;s assessment&#13;conducted as of December 31, 2011, the Company recognized goodwill impairment charges of $8,791, and the carrying amount was $nil&#13;as of December 31, 2011 and 2012. See note 6 &amp;#150; Goodwill.&lt;/p&gt;</us-gaap:GoodwillAndIntangibleAssetsPolicyTextBlock>
  <us-gaap:EquityMethodInvestmentsPolicy contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Management determines the appropriate classification&#13;of its investments at the time of purchase and re-evaluates such designation as of each balance sheet date.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#9;The Company accounts for its investments&#13;in equity securities of privately-held companiesas cost method investment in accordance to ASC 325&lt;i&gt;, &amp;#147;Investments &amp;#150;&#13;Others&amp;#148;&lt;/i&gt; as these securities do not have readily determinable fair value.Investments in which the Company does not have&#13;a controlling interest or an ownership voting interest to exert significant influence, and which are not publicly traded are accounted&#13;for at cost.&amp;#9;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#9;The Company accounts for its investments&#13;in debt and equity securities that have readily determinable fair value using ASC 320&lt;i&gt;, &amp;#147;Investments &amp;#150; Debt and Equity&#13;Securities&amp;#148;&lt;/i&gt;. Debt securities are classified as held-to-maturity when the Company has the positive intent and ability&#13;to hold the securities to maturity. Held-to-maturity securities are recorded as either short term or long term on the balance sheet,&#13;based on the contractual maturity date and are stated at amortized cost. Equity securities are classified as available-for-sale,&#13;as the Company does not trade in these securities, but rather they are held as longer term investments due to business relationships&#13;with the entities. Available-for-sale securities are carried at fair value,&lt;font style="color: black"&gt; with the unrealized gains&#13;and losses, net of tax, reported in a separate component of shareholders&amp;#146; equity.&lt;/font&gt;Realized gains and losses and declines&#13;in values judged to be other-than-temporary on available-for-sale securities are included in investment income. The cost of securities&#13;sold is based on the specific identification method. Interest and dividends on securities classified as available-for-sale are&#13;included in investment income.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Investments in entities in which the Company&#13;can exercise significant influence but does not own a majority equity interest or control are accounted for using the equity method&#13;of accounting under ASC323, &lt;i&gt;&amp;#147;Investments&amp;#151;Equity Method and Joint Ventures&amp;#148; &lt;/i&gt;(&amp;#147;ASC323&amp;#148;), and&#13;included as investment in equity investees in the balance sheets. Under the equity method, the Company&amp;#146;s proportionate share&#13;of each equity investee&amp;#146;s net income or loss is included as share of income (losses) of equity investees in the statements&#13;of operations. An investor records its proportionate share of equity adjustments for other comprehensive income (e.g. foreign currency&#13;items, etc) as increase or decrease to the investment account with corresponding adjustment in shareholders&amp;#146;equity. The Company&#13;evaluates investments in equity investees for impairment &amp;#9;under ASC 323-10. Animpairment loss on an investment in equity investee&#13;is recognized in the statements of operations when the decline in value is determined to be other-than-temporary.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#9;A judgmental aspect of accounting for&#13;investments (including investments in equity investees) involves determining whether an other-than-temporary decline in value of&#13;the investment has been sustained. If it has been determined that an investment has sustained an other-than-temporary decline in&#13;its value, the investment is written down to its fair value, by a charge to statement of operations. Such evaluation is dependent&#13;on the specific facts and circumstances. Factors that are considered by the Company in determining whether an other-than-temporary&#13;decline in value has occurred include: the market value of the security in relation to its cost basis; the financial condition&#13;of the investee; and the intent and ability to retain the investment for a sufficient period of time to allow for recovery in the&#13;market value of the investments.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;In 2010, 2011 and 2012, the Company recorded&#13;an impairment charge of $346, $niland $nil, respectively, related to certain available-for-sale investments.&lt;/p&gt;</us-gaap:EquityMethodInvestmentsPolicy>
  <us-gaap:ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The Company accounts for impairment of&#13;long-lived assets in accordance withASC 360&lt;i&gt;, &amp;#147;Property, Plant and Equipment&amp;#148;&lt;/i&gt;. Long-lived assets are reviewed&#13;for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable.&#13;In such instances, the Company estimates the undiscounted future cash flows that result from the use of the asset and its ultimate&#13;disposition. If the sum of the undiscounted cash flows is less than the carrying value, the Company recognizes an impairment loss,&#13;measured as the amount by which the&amp;#9;carrying value exceeds the fair value of the asset group, determined principally using discounted&#13;cash flows.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;In 2011, the Company recorded an impairment&#13;charge of $25 related to the damage to Siam Pacific&amp;#146;s machinery due to flooding in Thailand. The impairment was included&#13;in the line item, &amp;#147;Charges related to flooding&amp;#148; within operating expenses. See note 15.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;In 2012, the Company recorded an impairment&#13;charge of $22 related to the impairment of a factory in Thailand (included in the manufactured products segment) that is not being&#13;used for operation. The impairment charge was recorded to reduce the carrying value of the identified assets to fair values. The&#13;fair values for the year 2012 have been determined based on valuation performed by an accredited independent appraiser. The valuation&#13;has been made on the assumption to sell the property interests on the open market in the neighborhood without the benefit of any&#13;deferred term contract, leaseback, joint venture, management agreement or any similar arrangement which would serve to increase&#13;the value of the property interests.&lt;/p&gt;</us-gaap:ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock>
  <us-gaap:TradeAndOtherAccountsReceivablePolicy contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Accounts receivables are stated at face&#13;value less any allowance for doubtful accounts.&amp;#160;The Company maintains allowance for doubtful accounts for estimated losses&#13;resulting from the inability of its customers to make the required payments. Management considers the following factors when determining&#13;the collectability of specific customer accounts: customer credit-worthiness, customer financial condition, past transaction history&#13;with the customer, current economic industry trends, and changes in customer payment terms.&lt;/p&gt;</us-gaap:TradeAndOtherAccountsReceivablePolicy>
  <us-gaap:LeasePolicyTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;In accordance with ASC 840, &amp;#147;&lt;i&gt;Leases&amp;#148;&lt;/i&gt;,&#13;leases for a lessee are classified at the inception date as either a capital lease or an operating lease. The Company assesses&#13;a lease to be a capital lease if any of the following conditions exist: a) ownership is transferred to the lessee by the end of&#13;the lease term, b) there is a bargain purchase option, c) the lease term is at least 75% of the property&amp;#146;s estimated remaining&#13;economic life or d) the present value of the minimum lease payments at the beginning of the lease term is 90% or more of the fair&#13;value of the leased property to the lessor at the inception date. A capital lease is accounted for as if there was an acquisition&#13;of an asset and an incurrence of an obligation at the inception of the lease. The capitalized lease obligation reflects the present&#13;value of future rental payments, discounted at the appropriate interest rates. The cost of the asset is amortized over the lease&#13;term. However, if ownership is transferred at the end of the lease term, the cost of the asset is amortized as set out above under&#13;property, plant and equipment.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Operating lease expenses are recognized&#13;on a straight-line basis over the applicable lease term.&lt;/p&gt;</us-gaap:LeasePolicyTextBlock>
  <us-gaap:RevenueRecognitionPolicyTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Revenue represents the invoiced value of
goods sold, net of value added tax and returns, invoiced value on distribution activities, and service fee income on installation
activities. Revenue is recognized to the extent that it is probable that the economic benefits will flow to the Company and the
revenue can be reliably measured. The following specific recognition criteria must also be met before revenue is recognized.&lt;/p&gt;

&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0"&gt;&amp;#9;&lt;i&gt;Sales of manufactured goods and distributed products
&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#9;The Company recognizes revenue from
the sale of manufactured goods and distributed products upon passage of title to the customer that coincides with their delivery
and acceptance. These revenue recognition are recognized in accordance with &lt;i&gt;SEC Staff Accounting Bulletin (SAB) No. 104.&lt;/i&gt;
The Company recognizes its revenue of sale of distributed products at gross as the Company is the primary obligor in the transaction.&lt;/p&gt;

&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The Company classifies shipping and handling
costs incurred within cost of sales.&lt;/p&gt;

&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;i&gt;&amp;#9;Supply, Delivery and Installation&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The Company recognizes revenue from installation
activities using the percentage-of-completion method, based on the customer certification of the distance of cable laid with respect
to the estimated total contract revenue, and in accordance with ASC 605-35, &amp;#147;Revenue Recognition-Construction-Type and Production-Type
Contracts&amp;#148;. The timing of revenue recognition of cable sales and installation services are substantially identical.&lt;/p&gt;

&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0"&gt;When the current estimates of total contract revenue and contract
cost indicate a loss, a provision for the entire loss on the contract shall be made. The recognition of provision for losses shall
be in the period in which they become evident.&lt;/p&gt;

&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;i&gt;&amp;#9;Bill-and-hold arrangements&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;i&gt;&amp;#160;&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#9;The Company recognizes revenue of sale
of cables under bill-and-hold arrangements requested by certain customers in Thailand, in accordance with SAB 104.&lt;/p&gt;

&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;As at December 31, 2010, 2011 and 2012,
the revenue recognized under bill-and-hold arrangements where the cables were yet delivered was $17.9 million, $5.8 million and
$nil, respectively.&lt;/p&gt;

&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 28.8pt; text-align: justify; text-indent: -28.8pt"&gt;&lt;i&gt;Customers&amp;#146;
incentive&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The Company offers sales incentives in
connection with power cable sales to wholesalers and distributors. These incentives include both rebates offered to customers for
purchasing a certain volume of product during the year and settlement discounts for early payment of sales invoices. However, maximum
amount is recorded if there is no reliable basis to measure a lower expected amount. Both forms of incentives are recognized as
a reduction to gross sales.&lt;/p&gt;

&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;For the past five years up to December
31, 2012, customers only claim for rebates and the Company only allows such claims based on the amount to which they are legally
entitled, instead of the potential maximum amount (i.e. amount payable for the highest volume targets) without exceptions. The
Companyreviewed rebate provision balances arising in 2011 and earlier that remained unclaimed as of December 31, 2012. As the policy
has been strictly enforced for the past five years, the Company has established sufficient historical fact pattern to conclude
that the likelihood that such customers will claim and receive the excess above their legal entitlement in the future is remote
and the Companywill continue to strictly enforce the policy. As a result, the wrote back such rebates and accounted for this as
a change in estimate of accrued rebates. The reversal of the accrued rebate amounting to $2,422 in 2012, of $2,116 was related
to 2008 to 2011 accrued rebate.&lt;/p&gt;</us-gaap:RevenueRecognitionPolicyTextBlock>
  <us-gaap:ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The functional currency of the Company&#13;is U.S. Dollars and the functional currency of the Company&amp;#146;s international subsidiaries is generally the local currencyor&#13;U.S. Dollars.For these subsidiaries, the Company translates the assets and liabilities at exchange rates in effect at the balance&#13;sheet date and income and expense accounts at average exchange rates during the year. Resultingcurrency translation adjustments&#13;are recorded directly toaccumulated other comprehensive income within shareholders&amp;#146; equity.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Foreign currency transactions are recorded&#13;at the applicable rates of exchange in effect at the transaction dates. Monetary assets and liabilities denominated in foreign&#13;currencies at the balance sheet date are remeasuredat the applicable rates of exchange in effect at that date. Gains and losses&#13;from foreign currency transactions are recorded in the consolidated statements of operations.&lt;/p&gt;</us-gaap:ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock>
  <us-gaap:ForeignCurrencyDisclosureTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The Company recognizes derivative financial&#13;instruments in the consolidated financial statements at fair value regardless of the purposes or intent for holding the instrument.&#13;Changes in the fair value of derivative financial instruments are either recognized periodically in income or in shareholders&amp;#146;&#13;equity as a component of comprehensive income depending on whether the derivative financial instruments qualify for hedge accounting,&#13;and if so, whether they qualify as a fair value or cash flow hedge.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Generally, changes in fair values of derivatives&#13;accounted for as fair value hedges are recorded in income along with the portions of the changes in the fair value of the hedged&#13;items that relate to the hedged risks. Changes in fair value of derivatives accounted for as cash flow hedges, to the extent they&#13;are effective as hedges, are recorded in other comprehensive income net of taxes. Changes in fair value of derivatives used as&#13;hedges of the net investment in foreign operations are reported in other comprehensive income as part of the cumulative translation&#13;adjustment. Changes in fair values of derivatives not qualifying as hedges are reported in the consolidated statements of operations.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;The Company&amp;#146;s subsidiaries&#13;use forward foreign exchange contracts to reduce their exposure to foreign currency risk for liabilities denominated in foreign&#13;currency. A forward foreign exchange contract obligates the Company to exchange predetermined amounts of specified foreign currencies&#13;at specified exchange rates on specified dates or to make an equivalent U.S. dollar payment equal to the value of such exchange.&#13;Realized and unrealized gains and losses on foreign exchange contracts are included as foreign exchange gains or losses in the&#13;consolidated statements of operations as such contracts do not qualify for hedge accounting.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&amp;#9;As of December 31,&#13;2011 and 2012, the Company had outstanding forward exchange contracts with notional values of $2,317 and $nil, respectively. The&#13;outstanding forward exchange contracts as of December 31, 2011 matured on January 16, 2012. The Company records these contracts&#13;at fair value with the related gainsof $nil, $64 and $nil, for the years ended December 31, 2010, 2011 and 2012, respectively in&#13;the consolidated statements of operations.&lt;/p&gt;</us-gaap:ForeignCurrencyDisclosureTextBlock>
  <us-gaap:EarningsPerSharePolicyTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Basic and diluted earnings (loss) per share&#13;are calculated in accordance with ASC 260&lt;i&gt;, &amp;#147;Earnings Per Share&amp;#148;&lt;/i&gt;. There are no dilutive equity instruments for&#13;all periods presented.&lt;/p&gt;</us-gaap:EarningsPerSharePolicyTextBlock>
  <us-gaap:ComprehensiveIncomePolicyPolicyTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Comprehensive income (loss) is defined&#13;as the changes in equity of the Company during a period from transactions and other events and circumstances excluding transactions&#13;resulting from investments by owners and distributions to owners. Among other disclosures, ASC 220, Comprehensive Income, requires&#13;that all items that are required to be recognized under current accounting standards as components of comprehensive income (loss)&#13;be reported in a financial statement that is displayed with the same prominence as other financial statements. For each of the&#13;periods presented, the Company&amp;#146;s comprehensive income (loss) includes net income (loss), currency translation adjustment,&#13;defined benefit pension plan and unrealized loss on sales of available-for-sale securities and is presented in the consolidated&#13;statement of operations and comprehensive income (loss). The Company adopted Accounting Standards Update (&amp;#147;ASU&amp;#148;) No.&#13;2011-05 (&amp;#147;ASU 2011-05&amp;#148;), &lt;i&gt;&amp;#147;Comprehensive Income (Topic 220), Presentation of Comprehensive Income&amp;#148;&lt;/i&gt;,&#13;in the year ended December 31, 2012 by presenting items of net income (loss) and other comprehensive income (loss) in two separate&#13;statements. Prior years&amp;#146; comparative information has been rearranged to conform to the presentation in accordance with ASU&#13;2011-05.&lt;/p&gt;</us-gaap:ComprehensiveIncomePolicyPolicyTextBlock>
  <us-gaap:FairValueMeasurementPolicyPolicyTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;The Company has adopted&#13;the provisions of ASC 820&lt;i&gt;, &amp;#147;Fair Value Measurements and Disclosures&amp;#148;&lt;/i&gt; for financial assets and liabilities. Under&#13;ASC 820,the fair value is defined as the price that would have been received to sell an asset or paid to transfer a liability (i.e.,&#13;the &amp;#147;exit price&amp;#148;) in an orderly transaction between market participants at the measurement date.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;In determining fair value,&#13;the Company uses various valuation approaches. ASC 820 establishes a hierarchy for inputs used in measuring fair value that maximizes&#13;the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used&#13;when available. Observable inputs are inputs that market participants would use in pricing the asset or liability developed based&#13;on market data obtained from sources independent of the Company. Unobservable inputs are inputs that reflect the Company&amp;#146;s&#13;assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information&#13;available in the circumstances. The hierarchy is broken down into three levels based on the observability of inputs as follows:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 49.5pt; text-align: justify; text-indent: -14.5pt"&gt;&amp;#149;&#13;Level 1 - Valuations based on quoted prices in active markets for identical assets that the Company has the ability to access.&#13;Valuation adjustments and block discounts are not applied to Level 1 instruments. Since valuations are based on quoted prices that&#13;are readily and regularly available in an active market, valuation of these products does not entail a significant degree of judgment.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 49.5pt; text-align: justify; text-indent: -14.5pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 49.5pt; text-align: justify; text-indent: -14.5pt"&gt;&amp;#149;&#13;Level 2 - Valuations based on one or more quoted prices in markets that are not active or for which all significant inputs are&#13;observable, either directly or indirectly.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 49.5pt; text-align: justify; text-indent: -14.5pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 49.5pt; text-align: justify; text-indent: -14.5pt"&gt;&amp;#149;&#13;Level 3 - Valuations based on unobservable inputs which are supported by little or no market activity and significant to the overall&#13;fair value measurement.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 49.5pt; text-align: justify; text-indent: -14.5pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;The availability of observable&#13;inputs can vary from investment to investment and is affected by a wide variety of factors, including, for example, the type of&#13;investment, the liquidity of markets and other characteristics particular to the transaction. To the extent that valuation is based&#13;on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment&#13;and the investments are categorized as Level 3.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;The carrying amounts&#13;of financial instruments, including cash and cash equivalents, bank deposits, accountsreceivable, short-term loans, accountspayable,and&#13;related party balances approximate their fair value due to the short-term maturities of such instruments.&lt;/p&gt;</us-gaap:FairValueMeasurementPolicyPolicyTextBlock>
  <us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;In February 2013, the Financial Accounting&#13;Standards Board issued ASU No. 2013-02, &amp;#147;&lt;i&gt;Comprehensive Income (Topic 220)&amp;#148;&lt;/i&gt; (&amp;#147;ASU 2013-02&amp;#148;) to improve&#13;the reporting of reclassifications out of accumulated other comprehensive income (&amp;#147;AOCI&amp;#148;). This ASU sets requirements&#13;for presentation for significant items reclassified to net income in their entirety during the period and for items not reclassified&#13;to net income in their entirety during the period. It requires companies to present information about reclassifications out of&#13;accumulated other comprehensive income AOCI in one place and to present reclassifications by component when reporting changes in&#13;AOCI balances. The modifications to ASC 220 &amp;#147;&lt;i&gt;Comprehensive Income&lt;/i&gt;&amp;#148;resulting from the issuance of ASU 2013-02&#13;are effective for fiscal years beginning after December 15, 2012 and interim periods within those years. Early adoption is permitted.&#13;The adoption of ASU 2013-02 on January 1, 2013 is not expected to have a material impact on the Company&amp;#146;s consolidated financial&#13;statements.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;In March 2013, the Financial&#13;Accounting Standards Board issued ASU No. 2013-05, &amp;#147;&lt;i&gt;Foreign Currency Matters (Topic 830)&amp;#148;&lt;/i&gt;(&amp;#147;ASU&#13;2013-05&amp;#148;) Parent&amp;#146;s Accounting for the&#13;Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets with in a&#13;Foreign Entity or ofan Investment in a Foreign Entity . This ASU specifies that a cumulative translation adjustment&#13;(&amp;#147;CTA&amp;#148;) should be released into earnings when an entity ceases to have a controlling financial interest in a&#13;subsidiary or group of assets within a consolidated foreign entity and the sale or transfer results in the complete or&#13;substantially complete liquidation of the foreign entity. For sales of an equity method investment that is a foreign entity,&#13;a pro rata portion of CTA attributable to the investment would be recognized in earnings upon sale of the investment. When an&#13;entity sells either a part or all of its investment in a consolidated foreign entity, CTA would be recognized in earnings&#13;only if the sale results in the parent no longer having a controlling financial interest in the foreign entity. CTA would be&#13;recognized in earnings in a business combination achieved in stages (i.e., a step acquisition). The adoption of ASU 2013-05&#13;on January 1, 2014 is not expected to have a material impact on the Company&amp;#146;s consolidated financial statements.&lt;/p&gt;</us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock>
  <apwc:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest1 decimals="0" contextRef="FY2010_d" unitRef="Dollars">11249</apwc:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest1>
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  <apwc:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest1 decimals="0" contextRef="From2011-01-01to2011-12-31" unitRef="Dollars">2902</apwc:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest1>
  <apwc:TreasurySharesPolicyTextBlcok contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;On August 28, 2012 the Company's board&#13;of directors authorized a share capital repurchase program for its common shares over the next twelve months. The Company repurchases&#13;its common shares from time to time in the open market and holds such shares as treasury stock. The Company applies the &amp;#147;cost&#13;method&amp;#148; and presents the cost to repurchase such shares as a reduction in shareholders&amp;#146; equity in accordance with ASC&#13;505-30, &lt;i&gt;&amp;#147;Treasury Stock&amp;#148;&lt;/i&gt;. During the year ended December 31, 2012, the Company repurchased a net total of 1,900&#13;shares of common shares and the total cost is $6.Except for the shares repurchased as described above, there were no movements&#13;in the number of outstanding shares for all years presented.&lt;/p&gt;</apwc:TreasurySharesPolicyTextBlcok>
  <us-gaap:SegmentReportingDisclosureTextBlock contextRef="From2012-01-01to2012-12-31">&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;i&gt;Description of Products by Segments&lt;/i&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;In accordance with ASC 280, &lt;i&gt;&amp;#147;Segment&#13;Reporting&amp;#148;&lt;/i&gt;, the chief operating decision maker has been identified as the chief operating officer, who reviews consolidated&#13;results when making decisions about allocating resources and assessing performance of the Company. According to the management&#13;approach, the Company currently operates in three operating segments: (1) manufacturing of wire and cable products (&amp;#147;Manufactured&#13;products&amp;#148;), (2) distribution of copper and cable products manufactured by PEWC and third party suppliers (&amp;#147;Distributed&#13;products&amp;#148;) and (3) SDI.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;i&gt;Measurement&#13;of Segment Profit or Loss and Segment Assets&lt;/i&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;i&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/i&gt;The&#13;Company evaluates performance and allocates resources based on gross profit. The accounting policies of the reportable segments,&#13;including transactions entered between reportable segments, are the same as those described in the summary of significant accounting&#13;policies.&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: -36pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="5" style="padding-right: 10pt; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Year ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 55%; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 10pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2010&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; font-style: italic; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;i&gt;Revenues&lt;/i&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Revenues from external customers:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Manufactured products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 396,059&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 429,474&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 401,023&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Distributed products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%; text-indent: 22pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;26,935&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%; text-indent: 22pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;25,500&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%; text-indent: 22pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;54,797&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Supply, delivery and installation of wires and cables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 4.5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;23,600&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 18pt; text-align: right; line-height: 115%; text-indent: 22pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;16,972&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 18pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 18pt; text-align: right; line-height: 115%; text-indent: 27.5pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;6,445&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total revenues from external customers&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 446,594&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 471,946&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 462,265&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Intersegment revenues:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 10pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Manufactured products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 10pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 3,143&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 10pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 10pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 3,283&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 10pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 10pt; text-align: right; line-height: 115%; font-family: Calibri, Helvetica, Sans-Serif"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ &lt;/font&gt;&lt;font style="font-family: Courier New, Courier, Monospace"&gt;&amp;#150;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 10pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Distributed products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; padding-left: 10pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;9,898&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 10pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; padding-left: 10pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;13,960&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 10pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; padding-left: 10pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;12,449&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total intersegment revenues&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 13,041&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 17,243&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 12,449&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total segment revenues&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 459,635&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 489,189&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 474,714&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; font-style: italic; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;i&gt;Reconciling item&lt;/i&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Elimination of intersegment revenues&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; padding-left: 18pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(13,041)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; padding-left: 18pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(17,243)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; padding-left: 18pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(12,449)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total revenues &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 0.55pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 446,594&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 471,946&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 462,265&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: -36pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="5" style="padding-right: 10pt; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;Year ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 60%; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 11%; border-bottom: windowtext 1pt solid; padding-right: 10pt; text-align: center; line-height: 115%; text-indent: 27.5pt"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;2010&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 4%; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 11%; border-bottom: windowtext 1pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 10pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 11%; border-bottom: windowtext 1pt solid; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; font-style: italic; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;i&gt;Segment profit&lt;/i&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.55pt; padding-left: 18.1pt; text-indent: -9.05pt; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;Manufactured products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;$ 53,429&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18.1pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;$ 42,876&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;$ 44,665&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;Distributed products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;1,378&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;2,955&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;3,361&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;SDI&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;242&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 18pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;57&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;(1,015)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.55pt; padding-left: 18.1pt; text-indent: -9.05pt; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;Inventory impairment &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;1,974&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;(1,993)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;4,804&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;Total segment profit&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;$ 57,023&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;$ 43,895&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;$ 51,815&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; font-style: italic; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;i&gt;Reconciling items&lt;/i&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;Corporate and other expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;(28,371)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;(42,079)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;(32,984)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;Exchange gain (loss)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;3,041&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;(1,346)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;2,398&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;Interest income&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;492&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;1,409&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;1,555&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;Recovery of loss from flooding&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;4,762&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;Gain on liquidation of a subsidiary&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;279&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;Interest expense&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;(1,364)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;(2,217)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;(2,195)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;Share of net loss of equity investees&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 2pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;(21)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;(58)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;(21)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;Other income&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;1,032&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 18pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;1,032&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; text-indent: 5.5pt"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;1,684&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 11pt; text-indent: -11pt; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;Income from continuing operations before income taxes &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;$ 31,832&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 11pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;$ 636&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;$ 27,293&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 12pt/normal Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="padding-right: 22pt; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;As of December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 70%; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 16.5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; font-style: italic; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;i&gt;Segment assets&lt;/i&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-align: justify; line-height: 115%; text-indent: -9pt"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;Manufactured products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;$ 326,960&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;$ 362,092&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-align: justify; line-height: 115%; text-indent: -9pt"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;Distributed products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;4,369&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;16,711&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 18pt; text-align: justify; line-height: 115%; text-indent: -9pt"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;SDI&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;357&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;257&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: justify; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;Total segment assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;$ 331,686&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;$ 379,060&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: justify; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; font-style: italic; line-height: 115%; text-align: justify"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;&lt;i&gt;Reconciling items&lt;/i&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-align: justify; line-height: 115%; text-indent: -9pt"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;Corporate and other assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;1,168&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;5,910&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-align: justify; line-height: 115%; text-indent: -9pt"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;Investment in equity investee companies&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;4,435&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;4,414&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: justify; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;Total assets &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;$ 337,289&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; text-indent: 5.5pt"&gt;&lt;font style="font: 8pt/115% Times New Roman, Times, Serif"&gt;$ 389,384&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 12pt/normal Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 12pt/normal Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="5" style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Year ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; width: 55%; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; width: 2%; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 10pt; text-align: center; line-height: 115%; text-indent: 27.5pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2010&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 2%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 10pt; text-align: center; line-height: 115%; text-indent: 27.5pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 2%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 10pt; text-align: center; line-height: 115%; text-indent: 15.95pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; font-style: italic; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;i&gt;Expenditures for additions to long-lived assets&lt;/i&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Manufactured products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 3,650&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 8,775&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; text-indent: 5.5pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 10,922&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Distributed products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;SDI&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Corporate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;113&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; text-indent: 11pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;15&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 9pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total expenditure for additions to long-lived assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 3,653&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 8,888&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 10,937&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: -36pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="5" style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Year ended December 31,&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; width: 54%; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; width: 2%; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; width: 13%; border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2010&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; width: 2%; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; width: 13%; border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; width: 2%; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; width: 13%; border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; font-style: italic; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;i&gt;Depreciation expenses&lt;/i&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.55pt; padding-left: 18.1pt; text-indent: -9.05pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Manufactured products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ (6,474)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ (6,014)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ (4,918)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.55pt; padding-left: 18.1pt; text-indent: -9.05pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Distributed products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.55pt; padding-left: 18.1pt; text-indent: -9.05pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;SDI&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.55pt; padding-left: 18.1pt; text-indent: -9.05pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Corporate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: windowtext 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(14)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: windowtext 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(52)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: windowtext 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(57)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Depreciation expenses of continuing operations &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ (6,488)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-left: 6.8pt; text-align: right; line-height: 115%; text-indent: -6.8pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ (6,066)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-left: 6.8pt; text-align: right; line-height: 115%; text-indent: -6.8pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ (4,975)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.55pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Depreciation expenses of discontinued operations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: windowtext 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(369)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: windowtext 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(396)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: windowtext 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total depreciation expenses &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(6,857)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(6,462)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; border-bottom: black 2.25pt double; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(4,975)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; font-style: italic; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;i&gt;Impairment loss of long-lived assets and goodwill&lt;/i&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Manufactured products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ &amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ (8,816) &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ (22) &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Distributed products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%; text-indent: 5.5pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3.35pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3.35pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;SDI&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3.35pt; text-align: right; line-height: 115%; text-indent: 22pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3.35pt; text-align: right; line-height: 115%; text-indent: 22pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Corporate &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total impairment loss &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ &amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ (8,816)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ (22) &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; font-style: italic; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;i&gt;Interest income&lt;/i&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Manufactured products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 454&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 1,305&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 1,421&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Distributed products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;27&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%; text-indent: 16.5pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;81&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%; text-indent: 16.5pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;65&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;SDI&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;11&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;1&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Corporate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;20&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;68&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 7.55pt; text-indent: -7.55pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total interest income of continuing operations &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 492&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 1,409&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 1,555&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; font-style: italic; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&lt;i&gt;Interest expense&lt;/i&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Manufactured products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ (1,203)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ (2,050)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ (2,017)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Distributed products&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(73)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(88)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(120)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;SDI&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(39)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(39)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(11)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #CCEEFF"&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 18pt; text-indent: -9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Corporate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(49)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(40)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 1pt solid; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;(47)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 7.55pt; text-indent: -7.55pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Total interest expense of continuing operations and discontinuing operations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ (1,364)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ (2,217)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; border-bottom: black 2.25pt double; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ (2,195)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: -36pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: -36pt"&gt;There is no sales of 10% or more&#13;of the total revenue to a single customer for the year ended 2010, 2011 and 2012.&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 16.2pt 0 0; text-align: justify"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;Geographic Area Data&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 16.2pt 0 0; text-align: justify"&gt;Revenue from external customers&#13;is attributed to individual countries based on the customer&amp;#146;s country of domicile and is summarized as follows:&lt;/p&gt;&#13;&#13;&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: -36pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="5" style="padding-right: 10pt; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Year ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 55%; padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 10pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2010&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 2%; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Revenues from external customers&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Continuing operations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Thailand&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 165,191&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 176,011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 167,762&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Singapore&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;70,154&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;86,474&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;93,285&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Australia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;46,288&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;61,457&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;64,402&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; padding-left: 9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;PRC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;146,529&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;138,970&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;120,763&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Vietnam&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;9,752&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;5,106&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;6,366&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Southeast Asia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;8,680&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;3,928&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;7,376&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Northeast Asia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5pt; text-align: right; line-height: 115%; text-indent: 55pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: right; line-height: 115%; text-indent: 60.5pt"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;&amp;#150;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2,311&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 446,594&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 471,946&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 462,265&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Revenue from discontinued operations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 22,736&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 30,210&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ &amp;#150;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: white"&gt;&#13;    &lt;td colspan="7"&gt;&#13;        &lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0.7pt 0 0; text-indent: 36pt"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0.7pt 0 0"&gt;Countries in the Southeast Asia region include:&lt;/p&gt;&#13;        &lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0.7pt 0 20.7pt; text-indent: -35.45pt"&gt;-&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;        - Cambodia, Indonesia, India, Laos, Malaysia and Myanmar&lt;/p&gt;&#13;        &lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0.7pt 0 0; text-indent: 36pt"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0.7pt 0 0"&gt;Countries in the Northeast Asia region include:&lt;/p&gt;&#13;        &lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0.7pt 0 13.65pt; text-indent: -34.9pt"&gt;-&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;        - Japan and South Korea&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0.7pt 0 0; text-indent: 36pt"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0.7pt 0 0"&gt;Long-lived assets by the country of domicile are&#13;        summarized as follow:&lt;/p&gt;&#13;        &lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 5pt 0 0; text-align: right; text-indent: 36pt"&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="5" style="padding-right: 5pt; text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;As of December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: white"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;2010&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13; 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text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; padding-left: 9pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Thailand&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 27,928&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-left: 9pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;$ 19,894&lt;/font&gt;&lt;/td&gt;&#13; 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text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;6,500&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; text-align: right; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;10,487&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top; background-color: #CCEEFF"&gt;&#13;    &lt;td style="padding-right: 0.7pt; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; text-align: center; line-height: 115%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5pt; text-align: right; line-height: 115%"&gt;&lt;font style="font: 8pt Times New Roman, Times, Serif"&gt;8&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 0.7pt; 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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0E3HAC">
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          <div style="width: 200px;"><strong>Note 11 - INCOME TAXES (Tables)<br></strong></div>
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        <th class="th" colspan="1">12 Months Ended</th>
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<table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt">
<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top; background-color: #CCEEFF">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top; background-color: #CCEEFF">
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<tr>
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</tr></table><span></span></td>
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<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%">
<tr style="vertical-align: bottom">
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<tr style="vertical-align: bottom; background-color: white">
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    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td nowrap="nowrap" style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr style="vertical-align: bottom; background-color: white">
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#150;</font></td>
    <td nowrap="nowrap" style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: white">
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    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">466</font></td>
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td nowrap="nowrap" style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">184</font></td>
    <td nowrap="nowrap" style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: white">
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    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td nowrap="nowrap" style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
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    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">(583</font></td>
    <td nowrap="nowrap" style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">)</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#150;</font></td>
    <td nowrap="nowrap" style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#150;</font></td>
    <td nowrap="nowrap" style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: white">
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    <td nowrap="nowrap" style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td nowrap="nowrap" style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">34</font></td>
    <td nowrap="nowrap" style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
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    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">578</font></td>
    <td nowrap="nowrap" style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">193</font></td>
    <td nowrap="nowrap" style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">429</font></td>
    <td nowrap="nowrap" style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: white">
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    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#150;</font></td>
    <td nowrap="nowrap" style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">862</font></td>
    <td nowrap="nowrap" style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">408</font></td>
    <td nowrap="nowrap" style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
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    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#150;</font></td>
    <td nowrap="nowrap" style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#150;</font></td>
    <td nowrap="nowrap" style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td nowrap="nowrap" style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: white">
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    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1.5pt solid; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#150;</font></td>
    <td nowrap="nowrap" style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1.5pt solid; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td nowrap="nowrap" style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">)</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1.5pt solid; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td nowrap="nowrap" style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
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    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td nowrap="nowrap" style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td nowrap="nowrap" style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
    <td nowrap="nowrap" style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: white">
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    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#160;</font></td>
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      <tr class="re">
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<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%">
<tr style="vertical-align: bottom">
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<tr style="vertical-align: bottom">
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    <td style="text-align: center; line-height: 115%">&#160;</td>
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    <td style="text-align: center; line-height: 115%">&#160;</td>
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<tr style="vertical-align: bottom">
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td colspan="2" style="line-height: 115%">&#160;</td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td colspan="2" style="line-height: 115%">&#160;</td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td></tr>
<tr style="vertical-align: bottom">
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    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td colspan="2" style="line-height: 115%">&#160;</td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td colspan="2" style="line-height: 115%">&#160;</td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td colspan="2" style="line-height: 115%">&#160;</td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
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    <td style="width: 1%; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
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    <td style="width: 1%; line-height: 115%">&#160;</td>
    <td style="width: 1%; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
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<tr style="vertical-align: bottom; background-color: white">
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="text-align: right; line-height: 115%">&#160;</td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="text-align: right; line-height: 115%">&#160;</td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
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    <td style="line-height: 115%">&#160;</td>
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0">&#160;</p>

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<tr style="vertical-align: bottom; background-color: white">
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<tr style="vertical-align: bottom; background-color: white">
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<tr style="vertical-align: bottom; background-color: white">
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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<tr style="vertical-align: bottom; background-color: white">
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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<tr style="vertical-align: bottom; background-color: white">
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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      <tr class="re">
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<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%">
<tr style="vertical-align: bottom">
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<tr style="vertical-align: bottom">
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<tr style="vertical-align: bottom">
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    <td style="line-height: 115%">&#160;</td>
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<tr style="vertical-align: bottom">
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    <td style="line-height: 115%">&#160;</td>
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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<tr style="vertical-align: bottom; background-color: white">
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    <td style="line-height: 115%">&#160;</td>
    <td style="text-align: right; line-height: 115%">&#160;</td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
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    <td style="text-align: right; line-height: 115%">&#160;</td>
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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<tr style="vertical-align: bottom; background-color: white">
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    <td style="line-height: 115%">&#160;</td>
    <td style="text-align: right; line-height: 115%">&#160;</td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="text-align: right; line-height: 115%">&#160;</td>
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="text-align: right; line-height: 115%">&#160;</td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="text-align: right; line-height: 115%">&#160;</td>
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<tr style="vertical-align: bottom; background-color: white">
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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<tr style="vertical-align: bottom; background-color: white">
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    <td style="text-align: right; line-height: 115%">&#160;</td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
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    <td style="text-align: right; line-height: 115%">&#160;</td>
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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</table>
<p style="font: 11pt/normal Calibri, Helvetica, Sans-Serif; margin: 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%">
<tr style="vertical-align: bottom; background-color: white">
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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</table><span></span></td>
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      <tr class="ro">
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<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%">
<tr style="vertical-align: bottom">
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<tr style="vertical-align: bottom">
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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<tr style="vertical-align: bottom; background-color: white">
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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<tr style="vertical-align: bottom; background-color: white">
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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<tr style="vertical-align: bottom; background-color: white">
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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<tr style="vertical-align: bottom; background-color: white">
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</table><span></span></td>
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      <tr class="re">
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<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%">
<tr style="vertical-align: bottom">
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<tr style="vertical-align: bottom">
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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<tr style="vertical-align: bottom; background-color: white">
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#150;</font></td>
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    <td style="line-height: 115%">&#160;</td>
    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#150;</font></td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
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    <td style="line-height: 115%">&#160;</td>
    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#150;</font></td>
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<tr style="vertical-align: bottom; background-color: white">
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    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#150;</font></td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
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    <td style="line-height: 115%">&#160;</td>
    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#150;</font></td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#150;</font></td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
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    <td style="border-bottom: black 1.5pt solid; line-height: 115%">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#150;</font></td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; line-height: 115%">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#150;</font></td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; line-height: 115%">&#160;</td>
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<tr style="vertical-align: bottom; background-color: white">
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    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="text-align: right; line-height: 115%">&#160;</td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="text-align: right; line-height: 115%">&#160;</td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="text-align: right; line-height: 115%">&#160;</td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
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    <td style="line-height: 115%">&#160;</td>
    <td style="border-bottom: black 2.25pt double; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
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</table><span></span></td>
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      <tr class="ro">
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the Company have provided as of the dates listed below were:</p>

<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%">
<tr style="vertical-align: bottom">
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<tr style="vertical-align: bottom">
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    <td style="text-align: center; line-height: 115%">&#160;</td>
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    <td style="text-align: center; line-height: 115%">&#160;</td>
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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    <td style="width: 1%; line-height: 115%">&#160;</td>
    <td style="width: 1%; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">$</font></td>
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<tr style="vertical-align: bottom; background-color: white">
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    <td style="line-height: 115%">&#160;</td>
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                <p>Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.</p>
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                <p>Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.</p>
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                <p>Tabular disclosure of the change in unrecognized tax benefits.</p>
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                <p>Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
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                <p>Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions.</p>
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                <p>Loss recognized during the period that results from the write-down of goodwill after comparing the implied fair value of reporting unit goodwill with the carrying amount of that goodwill. Goodwill is assessed at least annually for impairment.</p>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EZF">
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          <div style="width: 200px;"><strong>Note 22 - SUMMARIZED FINANCIAL INFORMATION OF EQUITY INVESTEES (Tables)<br></strong></div>
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                <p>Tabular disclosure of a condensed balance sheet. Disclosure may include, but is not limited to, balance sheets of consolidated entities and consolidation eliminations.</p>
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                <p>No definition available.</p>
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          <div style="width: 200px;"><strong>Note 11 - INCOME TAXES (Details 5) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
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          <div>Dec. 31, 2012</div>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards expected to be realized or consumed after one year (or the normal operating cycle, if longer).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Deferred Tax Asset<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6510090<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 41, 42, 43, 289<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31917-109318<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31931-109318<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32537-109319<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards, net of deferred tax liability attributable to taxable temporary differences.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32537-109319<br><br><br><br></p>
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                <p>Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards expected to be realized or consumed within one year or operating cycle, if longer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32537-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 5<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31928-109318<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31917-109318<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 9<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31958-109318<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31931-109318<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 41, 42, 43<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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                <p>Amount of deferred tax liability attributable to taxable temporary differences, net of deferred tax asset attributable to deductible temporary differences and carryforwards net of valuation allowances expected to be realized or consumed after one year (or the normal operating cycle, if longer).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 41, 42<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31917-109318<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31931-109318<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 9<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31958-109318<br><br><br><br></p>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ECHAC">
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          <div style="width: 200px;"><strong>Note 6 - GOODWILL (Details Narrative) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
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          <div>Dec. 31, 2012</div>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Recovery for doubtful accounts</p>
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                <p>No definition available.</p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 142<br><br> -Paragraph 45<br><br> -Subparagraph e<br><br> -Clause 1<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 350<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=14024403&amp;loc=d3e13816-109267<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 350<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6388280&amp;loc=d3e13770-109266<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 141R<br><br> -Paragraph 68<br><br> -Subparagraph l<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 141R<br><br> -Paragraph 34<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 142<br><br> -Paragraph 43<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 142<br><br> -Paragraph 45<br><br> -Subparagraph e<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 141R<br><br> -Paragraph 72<br><br> -Subparagraph d<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_Goodwill</nobr></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Loss recognized during the period that results from the write-down of goodwill after comparing the implied fair value of reporting unit goodwill with the carrying amount of that goodwill. Goodwill is assessed at least annually for impairment.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 350<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (e)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=14024403&amp;loc=d3e13816-109267<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 142<br><br> -Paragraph 43<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 141R<br><br> -Paragraph 72<br><br> -Subparagraph d<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 142<br><br> -Paragraph 45<br><br> -Subparagraph e<br><br> -Clause 5<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 142<br><br> -Paragraph 20<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 142<br><br> -Paragraph 47<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 350<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=14024403&amp;loc=d3e13854-109267<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 350<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6388280&amp;loc=d3e13777-109266<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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                    <td><strong> Name:</strong></td>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EWBAC">
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          <div style="width: 200px;"><strong>Note 14 - COMMITMENTS AND CONTINGENCIES (Details 1) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
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                <p>Rental expense for the reporting period incurred under operating leases, including minimum and any contingent rent expense, net of related sublease income.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 840<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6453985&amp;loc=d3e41499-112717<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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                    <td><strong> Name:</strong></td>
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    <link rel="StyleSheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script></head>
  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EZF">
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        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 20 - DISCONTINUED OPERATIONS (Tables)<br></strong></div>
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<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0">&#160;</p>

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                <p>Disclosure of accounting policy for any discontinued operations. The results of operations of a component of an entity that either has been disposed of or is classified as held for sale is reported in discontinued operations if both: (a) the operations and cash flows of the component have been (or will be) eliminated from the ongoing operations of the entity as a result of the disposal transaction and (b) the entity will not have any significant continuing involvement in the operations of the component after the disposal transaction. If the entity elects to allocate interest expense to a discontinued operation, it may disclose its accounting policy for this election and describe its method of allocation.</p>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EME">
      <tr>
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          <div style="width: 200px;"><strong>Note 5 - SHORT-TERM BANK DEPOSITS (Tables)<br></strong></div>
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      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_CapitalCommitment', window );">Capital commitment</a></td>
        <td class="nump">1,400<span></span></td>
        <td class="nump">100<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_CommitmentsOfRepairAndMaintenanceUnrelatedParty', window );">Commitments of repair and maintenance unrelated party</a></td>
        <td class="nump">200<span></span></td>
        <td class="nump">100<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_CommitmentsOfRepairAndMaintenanceRelatedParty', window );">Commitments of repair and maintenance related party</a></td>
        <td class="nump">0<span></span></td>
        <td class="nump">3,100<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_SharesPledged', window );">Shares pledged</a></td>
        <td class="nump">161,500,000<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_TermLoanFacility', window );">Term loan facility</a></td>
        <td class="nump">14,000<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_TradeFacilities', window );">Trade facilities</a></td>
        <td class="nump">8,000<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Minimum [Member]</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageDiscountRatePercent', window );">Average discount interest rate</a></td>
        <td class="nump">6.50%<span></span></td>
        <td class="nump">6.50%<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_CommitmentsToPurchaseRawMaterials', window );">Commitments to purchase raw materials</a></td>
        <td class="nump">184,000<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Maximum [Member]</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageDiscountRatePercent', window );">Average discount interest rate</a></td>
        <td class="nump">8.77%<span></span></td>
        <td class="nump">8.73%<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_CommitmentsToPurchaseRawMaterials', window );">Commitments to purchase raw materials</a></td>
        <td class="nump">$ 231,700<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_CapitalCommitment">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_CapitalCommitment</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_CommitmentsOfRepairAndMaintenanceRelatedParty">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_CommitmentsOfRepairAndMaintenanceRelatedParty</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_CommitmentsOfRepairAndMaintenanceUnrelatedParty">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_CommitmentsOfRepairAndMaintenanceUnrelatedParty</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_CommitmentsToPurchaseRawMaterials">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_CommitmentsToPurchaseRawMaterials</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_CorporateGuarantee">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_CorporateGuarantee</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_CorporateGuaranteeExceedingLimit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_CorporateGuaranteeExceedingLimit</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_OutstandingBankGuarantees">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_OutstandingBankGuarantees</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_QuantityOfRawMaterial">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_QuantityOfRawMaterial</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_SharesPledged">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_SharesPledged</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_TermLoanFacility">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_TermLoanFacility</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_TradeFacilities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_TradeFacilities</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CapitalLeaseObligationsCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount equal to the present value (the principal) at the beginning of the lease term of minimum lease payments during the lease term (excluding that portion of the payments representing executory costs such as insurance, maintenance, and taxes to be paid by the lessor, together with any profit thereon) net of payments or other amounts applied to the principal, through the balance sheet date and due to be paid within one year (or one operating cycle, if longer) of the balance sheet date.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 840<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6455314&amp;loc=d3e45023-112735<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 13<br><br> -Paragraph 7, 10, 13<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 19<br><br> -Article 5<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.20)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 840<br><br> -SubTopic 30<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6455398&amp;loc=d3e45280-112737<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of accumulated depreciation for the property as of the balance sheet date.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 205<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 6<br><br> -Subparagraph (SX 210.5-04.(c) Schedule III)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6882300&amp;loc=d3e5864-122674<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph c<br><br> -Subparagraph Schedule III<br><br> -Article 5<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 28<br><br> -Article 12<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 970<br><br> -SubTopic 360<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.12-28)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6590653&amp;loc=d3e638233-123024<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The average discount rate applied to insurance contracts to determine future policy benefits to be paid to or on behalf of policyholders.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 60<br><br> -Paragraph 60<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6482714&amp;loc=d3e14881-158438<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_WeightedAverageDiscountRatePercent</nobr></td>
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          <div style="width: 200px;"><strong>Note 11 - INCOME TAXES (Details 8) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2010</div>
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        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued', window );">Accrued interest on unrecognized tax benefits</a></td>
        <td class="nump">$ 2,143<span></span></td>
        <td class="nump">$ 1,783<span></span></td>
        <td class="nump">$ 1,373<span></span></td>
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        <td class="nump">2,284<span></span></td>
        <td class="nump">2,256<span></span></td>
        <td class="nump">1,948<span></span></td>
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        <td class="nump">$ 4,427<span></span></td>
        <td class="nump">$ 4,039<span></span></td>
        <td class="nump">$ 3,321<span></span></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the amount of statutory penalties accrued as of the date of the statement of financial position for a tax position claimed or expected to be claimed by the entity, in its tax return, that does not meet the minimum statutory threshold to avoid payment of penalties.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 15<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32718-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Interpretation (FIN)<br><br> -Number 48<br><br> -Paragraph 21<br><br> -Subparagraph c<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Interpretation (FIN)<br><br> -Number 48<br><br> -Paragraph 16<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the total of accruals as of the date of the statement of financial position for interest recognized for an underpayment of income taxes computed by applying the applicable statutory rate of interest to the difference between a tax position recognized for financial reporting purposes and the amount previously taken or expected to be taken in a tax return of the entity and the amount of statutory penalties for a tax position claimed or expected to be claimed by the entity, in its tax return, that does not meet the minimum statutory threshold to avoid payment of penalties.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 15<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32718-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Interpretation (FIN)<br><br> -Number 48<br><br> -Paragraph 21<br><br> -Subparagraph c<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Interpretation (FIN)<br><br> -Number 48<br><br> -Paragraph 15, 16<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the amount of interest expense accrued as of the date of the statement of financial position for an underpayment of income taxes computed by applying the applicable statutory rate of interest to the difference between a tax position recognized for financial reporting purposes and the amount previously taken or expected to be taken in a tax return of the entity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 15<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32718-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Interpretation (FIN)<br><br> -Number 48<br><br> -Paragraph 21<br><br> -Subparagraph c<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Interpretation (FIN)<br><br> -Number 48<br><br> -Paragraph 15<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
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<SEQUENCE>26
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<DESCRIPTION>IDEA: XBRL DOCUMENT
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EPYAG">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 20 - DISCONTINUED OPERATIONS (Details) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="6">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2010</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011

</div>
          <div>Segment, Discontinued Operations [Member]</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2010

</div>
          <div>Segment, Discontinued Operations [Member]</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2009

</div>
          <div>Segment, Discontinued Operations [Member]</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Revenues', window );">Net sales</a></td>
        <td class="nump">$ 462,265<span></span></td>
        <td class="nump">$ 471,946<span></span></td>
        <td class="nump">$ 446,594<span></span></td>
        <td class="nump">$ 30,210<span></span></td>
        <td class="nump">$ 22,736<span></span></td>
        <td class="nump">$ 35,993<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CostOfRevenue', window );">Cost of sales</a></td>
        <td class="nump">410,450<span></span></td>
        <td class="nump">428,051<span></span></td>
        <td class="nump">389,571<span></span></td>
        <td class="num">(25,111)<span></span></td>
        <td class="num">(18,072)<span></span></td>
        <td class="num">(30,244)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GrossProfit', window );">Gross profit</a></td>
        <td class="nump">51,815<span></span></td>
        <td class="nump">43,895<span></span></td>
        <td class="nump">57,023<span></span></td>
        <td class="nump">5,099<span></span></td>
        <td class="nump">4,664<span></span></td>
        <td class="nump">5,749<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SellingGeneralAndAdministrativeExpense', window );">Selling, general and administrative expenses</a></td>
        <td class="nump">32,794<span></span></td>
        <td class="nump">30,760<span></span></td>
        <td class="nump">28,965<span></span></td>
        <td class="num">(4,809)<span></span></td>
        <td class="num">(3,545)<span></span></td>
        <td class="num">(4,456)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProvisionForDoubtfulAccounts', window );">Recovery of doubtful accounts</a></td>
        <td class="num">(720)<span></span></td>
        <td class="num">(1,487)<span></span></td>
        <td class="num">(940)<span></span></td>
        <td class="nump">68<span></span></td>
        <td class="nump">377<span></span></td>
        <td class="nump">752<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity', window );">Income from discontinued operations</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">358<span></span></td>
        <td class="nump">1,496<span></span></td>
        <td class="nump">2,045<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ForeignCurrencyTransactionGainBeforeTax', window );">Exchange gain, net</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">20<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestIncomeOperating', window );">Interest income</a></td>
        <td class="nump">1,555<span></span></td>
        <td class="nump">1,409<span></span></td>
        <td class="nump">492<span></span></td>
        <td class="nump">129<span></span></td>
        <td class="nump">110<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestAndDebtExpense', window );">Interest expenses</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num">(1,336)<span></span></td>
        <td class="num">(1,197)<span></span></td>
        <td class="num">(1,000)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherCostAndExpenseOperating', window );">Other income (expenses)</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num">(38)<span></span></td>
        <td class="nump">37<span></span></td>
        <td class="nump">85<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest', window );">Income (loss) before income tax</a></td>
        <td class="nump">27,293<span></span></td>
        <td class="nump">636<span></span></td>
        <td class="nump">31,832<span></span></td>
        <td class="num">(887)<span></span></td>
        <td class="nump">446<span></span></td>
        <td class="nump">1,150<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DisposalGroupNotDiscontinuedOperationGainLossOnDisposal', window );">Gain on disposal of SPFO</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">1,962<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest', window );">Income from operations of discontinued SPFO</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">1,393<span></span></td>
        <td class="num">(2)<span></span></td>
        <td class="nump">1,075<span></span></td>
        <td class="nump">446<span></span></td>
        <td class="nump">1,150<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Income tax</a></td>
        <td class="nump">8,383<span></span></td>
        <td class="nump">4,566<span></span></td>
        <td class="nump">6,441<span></span></td>
        <td class="num">(229)<span></span></td>
        <td class="num">(450)<span></span></td>
        <td class="num">(697)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_NetIncomeLossOfDiscontinuedOperations', window );">Net income (loss) of discontinued operations</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">846<span></span></td>
        <td class="num">(4)<span></span></td>
        <td class="nump">453<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax', window );">Net income (loss) attributable to non-controlling interests</a></td>
        <td class="nump">0<span></span></td>
        <td class="nump">846<span></span></td>
        <td class="num">(4)<span></span></td>
        <td class="num">(547)<span></span></td>
        <td class="num">(2)<span></span></td>
        <td class="nump">222<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_NetIncomeLossAttributableToApwc', window );">Net income (loss) attributable to APWC</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">$ 1,393<span></span></td>
        <td class="num">$ (2)<span></span></td>
        <td class="nump">$ 231<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_NetIncomeLossAttributableToApwc">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_NetIncomeLossAttributableToApwc</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_NetIncomeLossOfDiscontinuedOperations">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_NetIncomeLossOfDiscontinuedOperations</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CostOfRevenue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The aggregate cost of goods produced and sold and services rendered during the reporting period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 2<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CostOfRevenue</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DisposalGroupNotDiscontinuedOperationGainLossOnDisposal">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The gain (loss) resulting from the sale of a disposal group that is not a discontinued operation. It is included in income from continuing operations before income taxes in the income statement.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 144<br><br> -Paragraph 37, 45<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 205<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6360339&amp;loc=d3e1361-107760<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 144<br><br> -Paragraph 47<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 360<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 5<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8077374&amp;loc=d3e2443-110228<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DisposalGroupNotDiscontinuedOperationGainLossOnDisposal</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ForeignCurrencyTransactionGainBeforeTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate realized and unrealized gain on foreign currency transactions included in net income. Includes gain on a foreign currency forward exchange contract. Does not include foreign currency transactions designated as hedges of net investment in a foreign entity or intercompany foreign currency transactions that are of a long-term nature. Gross of tax effect.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 52<br><br> -Paragraph 30<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6450189&amp;loc=d3e30690-110894<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6450222&amp;loc=d3e30840-110895<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6450189&amp;loc=d3e30700-110894<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ForeignCurrencyTransactionGainBeforeTax</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GrossProfit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.1,2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_GrossProfit</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 10<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of income (loss) from a disposal group, net of income tax before extraordinary items allocable to noncontrolling interests. Includes, net of tax, income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 13<br><br> -Article 7<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 205<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6892542&amp;loc=d3e957-107759<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 144<br><br> -Paragraph 47<br><br> -Subparagraph c<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 15<br><br> -Article 5<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 29<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.14)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 205<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6360339&amp;loc=d3e1361-107760<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 144<br><br> -Paragraph 43<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.12)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the overall income (loss) from a disposal group that is classified as a component of the entity, net of income tax, reported as a separate component of income before extraordinary items, which is apportioned to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This item includes the following (net of tax): income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 15<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7656940&amp;loc=SL4568447-111683<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 25<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 19<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7656940&amp;loc=SL4569616-111683<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 29<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of income (loss) from a disposal group, net of income tax, reported as a separate component of income before extraordinary items after deduction or consideration of the amount allocable to noncontrolling interests. Includes, net of tax, income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph b(2)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 19<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7656940&amp;loc=SL4569616-111683<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 29<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxExpenseBenefit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a),(b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32639-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 45<br><br> -Subparagraph a, b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(h))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6881521&amp;loc=d3e23780-122690<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph h<br><br> -Article 4<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Income Tax Expense (or Benefit)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6515339<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncomeTaxExpenseBenefit</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestAndDebtExpense">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Interest and debt related expenses associated with nonoperating financing activities of the entity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 34<br><br> -Paragraph 21<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 835<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6450988&amp;loc=d3e26243-108391<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_InterestAndDebtExpense</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestIncomeOperating">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Interest generated from day to day operating activities of the business.  This element represents a revenue generating activity and is therefore gross (before any related cost of revenue items).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.1(e))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_InterestIncomeOperating</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherCostAndExpenseOperating">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.3)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 3<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_OtherCostAndExpenseOperating</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProvisionForDoubtfulAccounts">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of the current period expense charged against operations, the offset which is generally to the allowance for doubtful accounts for the purpose of reducing receivables, including notes receivable, to an amount that approximates their net realizable value (the amount expected to be collected).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 5<br><br> -Article 5<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.5)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ProvisionForDoubtfulAccounts</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Revenues">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 1<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_Revenues</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SellingGeneralAndAdministrativeExpense">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 43<br><br> -Paragraph 5A<br><br> -Chapter 4<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 4<br><br> -Article 5<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.4)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 330<br><br> -SubTopic 10<br><br> -Section 30<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6386349&amp;loc=d3e3636-108311<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_SellingGeneralAndAdministrativeExpense</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
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        </tr>
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  <head>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EYUAE">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Note 7 - INVESTMENTS (Details 1) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecurities', window );">Total Held-to-maturity</a></td>
        <td class="nump">$ 2,738<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Investment 1</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_NatureOfInvestments', window );">Nature</a></td>
        <td class="text">Fixed maturities<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ContractedMaturityOfInvestments', window );">Contracted maturity</a></td>
        <td class="text">Two weeks to one month<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecurities', window );">Total Held-to-maturity</a></td>
        <td class="nump">2,378<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
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      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Investment 1 | Minimum [Member]</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_InterestRate', window );">Interest rate</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">3.00%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Investment 1 | Maximum [Member]</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_InterestRate', window );">Interest rate</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">4.00%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Investment 2</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_NatureOfInvestments', window );">Nature</a></td>
        <td class="text">Subordinated debentures<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ContractedMaturityOfInvestments', window );">Contracted maturity</a></td>
        <td class="text">10 years<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_InterestRate', window );">Interest rate</a></td>
        <td class="nump">4.375%<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecurities', window );">Total Held-to-maturity</a></td>
        <td class="nump">$ 360<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sales, delivery and installation of wires and cables</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_ContractedMaturityOfInvestments</nobr></td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
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                    <td><strong> Balance Type:</strong></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                    <td>num:percentItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                    <td><strong> Name:</strong></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
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            </div>
          </td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecurities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>For an unclassified balance sheet, this item represents investments in debt securities which are categorized as held-to-maturity. The held-to-maturity category is for those securities that the entity has the positive intent and ability to hold until maturity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 43<br><br> -Section A<br><br> -Paragraph 5<br><br> -Chapter 3<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 115<br><br> -Paragraph 17<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 115<br><br> -Paragraph 10<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 25<br><br> -Paragraph 1<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7534914&amp;loc=d3e22054-111558<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 115<br><br> -Paragraph 9<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 115<br><br> -Paragraph 19<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 115<br><br> -Paragraph 8<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 115<br><br> -Paragraph 11<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 43<br><br> -Section A<br><br> -Paragraph 4<br><br> -Chapter 3<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 11: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 115<br><br> -Paragraph 7<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 12: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-03.6)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_HeldToMaturitySecurities</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EV3AE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 13 - ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2010</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax', window );">Balance, begining</a></td>
        <td class="nump">$ 286<span></span></td>
        <td class="nump">$ 1,286<span></span></td>
        <td class="nump">$ 1,286<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax', window );">Current-period other comprehensive income (loss)</a></td>
        <td class="nump">5,138<span></span></td>
        <td class="num">(1,000)<span></span></td>
        <td class="nump">11,481<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax', window );">Balance, ending</a></td>
        <td class="nump">5,424<span></span></td>
        <td class="nump">286<span></span></td>
        <td class="nump">1,286<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Currency translation adjustment</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax', window );">Balance, begining</a></td>
        <td class="nump">1,436<span></span></td>
        <td class="nump">2,367<span></span></td>
        <td class="num">(9,660)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax', window );">Current-period other comprehensive income (loss)</a></td>
        <td class="nump">5,834<span></span></td>
        <td class="num">(931)<span></span></td>
        <td class="nump">12,027<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax', window );">Balance, ending</a></td>
        <td class="nump">7,270<span></span></td>
        <td class="nump">1,436<span></span></td>
        <td class="nump">2,367<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Defined benefit pension plan</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax', window );">Balance, begining</a></td>
        <td class="num">(609)<span></span></td>
        <td class="num">(540)<span></span></td>
        <td class="num">(68)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax', window );">Current-period other comprehensive income (loss)</a></td>
        <td class="num">(696)<span></span></td>
        <td class="num">(69)<span></span></td>
        <td class="num">(472)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax', window );">Balance, ending</a></td>
        <td class="num">(1,305)<span></span></td>
        <td class="num">(609)<span></span></td>
        <td class="num">(540)<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Unrealized loss on available-for-sale securities</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax', window );">Balance, begining</a></td>
        <td class="num">(541)<span></span></td>
        <td class="num">(541)<span></span></td>
        <td class="num">(467)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax', window );">Current-period other comprehensive income (loss)</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="num">(74)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax', window );">Balance, ending</a></td>
        <td class="num">$ (541)<span></span></td>
        <td class="num">$ (541)<span></span></td>
        <td class="num">$ (541)<span></span></td>
      </tr>
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    <div style="display: none;">
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 130<br><br> -Paragraph 14, 17, 26<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=20435746&amp;loc=d3e637-108580<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 14A<br><br> -URI http://asc.fasb.org/extlink&amp;oid=20435746&amp;loc=SL7669686-108580<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 14<br><br> -URI http://asc.fasb.org/extlink&amp;oid=20435746&amp;loc=d3e681-108580<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 31<br><br> -Article 5<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 12<br><br> -Paragraph 10<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Staff Position (FSP)<br><br> -Number FAS115-1/124-1<br><br> -Paragraph 15D<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
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                </table>
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          </td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Net of tax and reclassifications amount of pension and other postretirement benefit plans (gain) loss included in accumulated other comprehensive income (loss).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 10A<br><br> -Subparagraph (i-k)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=20435746&amp;loc=SL7669646-108580<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ENNAE">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Note 19 - DEFINED CONTRIBUTION AND BENEFIT PLANS (Details 1)<br></strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_DiscountRate', window );">Discount Rate</a></td>
        <td class="nump">4.00%<span></span></td>
        <td class="nump">4.20%<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_RateOfIncreaseInCompensationLevels', window );">Rate of Increase in Compensation Levels</a></td>
        <td class="nump">6.00%<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Minimum [Member]</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_RateOfIncreaseInCompensationLevels', window );">Rate of Increase in Compensation Levels</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">6.00%<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_EmployeeTurnoverRates', window );">Prior to age 29</a></td>
        <td class="nump">9.00%<span></span></td>
        <td class="nump">9.00%<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_EmployeeTurnoverRates1', window );">Age 30 to 39</a></td>
        <td class="nump">4.00%<span></span></td>
        <td class="nump">4.00%<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_EmployeeTurnoverRates2', window );">Age 40 to 49</a></td>
        <td class="nump">2.00%<span></span></td>
        <td class="nump">2.00%<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_EmployeeTurnoverRates3', window );">Age 50 and Above</a></td>
        <td class="nump">0.00%<span></span></td>
        <td class="nump">0.00%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Maximum [Member]</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_RateOfIncreaseInCompensationLevels', window );">Rate of Increase in Compensation Levels</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">8.00%<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_EmployeeTurnoverRates', window );">Prior to age 29</a></td>
        <td class="nump">15.00%<span></span></td>
        <td class="nump">15.00%<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_EmployeeTurnoverRates1', window );">Age 30 to 39</a></td>
        <td class="nump">7.00%<span></span></td>
        <td class="nump">7.00%<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_EmployeeTurnoverRates2', window );">Age 40 to 49</a></td>
        <td class="nump">5.00%<span></span></td>
        <td class="nump">5.00%<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_EmployeeTurnoverRates3', window );">Age 50 and Above</a></td>
        <td class="nump">2.00%<span></span></td>
        <td class="nump">2.00%<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_DiscountRate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_DiscountRate</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_EmployeeTurnoverRates">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_EmployeeTurnoverRates</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_EmployeeTurnoverRates1">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_EmployeeTurnoverRates1</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_EmployeeTurnoverRates2">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_EmployeeTurnoverRates2</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_EmployeeTurnoverRates3">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_EmployeeTurnoverRates3</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_RateOfIncreaseInCompensationLevels">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_RateOfIncreaseInCompensationLevels</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
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  </body>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>30
<FILENAME>R81.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <link rel="StyleSheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script></head>
  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EEHAC">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 15 - FLOODING IN THAILAND (Details Narrative) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="2">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_Note14FloodingInThailandDetailsNarrativeAbstract', window );"><strong>Note 15 - Flooding In Thailand Details Narrative</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProductionRelatedImpairmentsOrCharges', window );">Flood-related charges</a></td>
        <td class="nump">$ 888<span></span></td>
        <td class="nump">$ 3,947<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ChargesRelatedToFlooding1', window );">Charges related to flooding Deferred tax asset</a></td>
        <td class="nump">8<span></span></td>
        <td class="nump">874<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromInsuranceSettlementOperatingActivities', window );">Insurance settlement amount</a></td>
        <td class="nump">4,800<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_InterimPaymentReceived', window );">Interim payment received</a></td>
        <td class="nump">$ 3,500<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_InterimPaymentDiscription', window );">Interim payment discription</a></td>
        <td class="text">SP Pacific expected that the remaining of $1.3 million will be received within six months after the balance sheet date.<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_ChargesRelatedToFlooding1">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_ChargesRelatedToFlooding1</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_InterimPaymentDiscription">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_InterimPaymentDiscription</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_InterimPaymentReceived">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_InterimPaymentReceived</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_Note14FloodingInThailandDetailsNarrativeAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
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                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_Note14FloodingInThailandDetailsNarrativeAbstract</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
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                    <td><strong> Data Type:</strong></td>
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                    <td>duration</td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromInsuranceSettlementOperatingActivities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash inflow from the amounts received by the insured under the terms of an insurance contract settlement. This element pertains only to insurance proceeds related to operating activities. It excludes insurance settlements classified as investing cash flows, for example, insurance settlements related to fixed assets.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 16<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3337-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 22<br><br> -Subparagraph c<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ProceedsFromInsuranceSettlementOperatingActivities</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProductionRelatedImpairmentsOrCharges">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Nonrecurring impairment charges related to the write-off of production-related equipment and inventory. This tag is used when an Entity charges this cost to cost of goods sold.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.2(a))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ProductionRelatedImpairmentsOrCharges</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ELFAC">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Note 19 - DEFINED CONTRIBUTION AND BENEFIT PLANS (Details 2) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_Note18DefinedContributionAndBenefitPlansDetails2Abstract', window );"><strong>Note 19 - Defined Contribution And Benefit Plans Details 2</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths', window );">2013</a></td>
        <td class="nump">$ 453<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo', window );">2014</a></td>
        <td class="nump">21<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree', window );">2015</a></td>
        <td class="nump">619<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour', window );">2016</a></td>
        <td class="nump">254<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive', window );">2017</a></td>
        <td class="nump">301<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter', window );">2018 - 2022</a></td>
        <td class="nump">2,248<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_DefinedBenefitPlanExpectedFutureBenefitPayments', window );">Total</a></td>
        <td class="nump">$ 3,896<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_DefinedBenefitPlanExpectedFutureBenefitPayments">
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_DefinedBenefitPlanExpectedFutureBenefitPayments</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                    <td><strong> Balance Type:</strong></td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_Note18DefinedContributionAndBenefitPlansDetails2Abstract</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
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                    <td><strong> Balance Type:</strong></td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of benefits expected to be paid  in the five fiscal years after the fifth fiscal year following the latest fiscal year from a defined benefit plan.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (f)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21915506&amp;loc=d3e1928-114920<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                    <td><strong> Period Type:</strong></td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of benefits expected to be paid in the next fiscal year following the latest fiscal year from a defined benefit plan.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (f)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21915506&amp;loc=d3e1928-114920<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                    <td>credit</td>
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                    <td><strong> Period Type:</strong></td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of benefits expected to be paid in the fifth fiscal year following the latest fiscal year from a defined benefit plan.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (f)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21915506&amp;loc=d3e1928-114920<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of benefits expected to be paid in the fourth fiscal year following the latest fiscal year from a defined benefit plan.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (f)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21915506&amp;loc=d3e1928-114920<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
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              </div>
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          </td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree">
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of benefits expected to be paid in the third fiscal year following the latest fiscal year from a defined benefit plan.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (f)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21915506&amp;loc=d3e1928-114920<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of benefits expected to be paid in the second fiscal year following the latest fiscal year from a defined benefit plan.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (f)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21915506&amp;loc=d3e1928-114920<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
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        </tr>
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<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <link rel="StyleSheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script></head>
  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EZGAE">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Note 14 - COMMITMENTS AND CONTINGENCIES (Details) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CapitalLeasesFutureMinimumPaymentsDueAbstract', window );"><strong>Capital Lease</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CapitalLeasesFutureMinimumPaymentsDueCurrent', window );">2013</a></td>
        <td class="nump">$ 179<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CapitalLeasesFutureMinimumPaymentsDueInTwoYears', window );">2014</a></td>
        <td class="nump">47<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CapitalLeasesFutureMinimumPaymentsDueInThreeYears', window );">2015</a></td>
        <td class="nump">30<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CapitalLeasesFutureMinimumPaymentsDueInFourYears', window );">2016</a></td>
        <td class="nump">5<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CapitalLeasesFutureMinimumPaymentsDueInFiveYears', window );">2017</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CapitalLeasesFutureMinimumPaymentsDueThereafter', window );">Thereafter</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CapitalLeasesFutureMinimumPaymentsNetMinimumPayments1', window );">Net minimum lease payments</a></td>
        <td class="nump">261<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments', window );">Less: amount representing interest</a></td>
        <td class="num">(18)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments', window );">Present value of net minimum lease payments</a></td>
        <td class="nump">243<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_NoncurrentPortionIncludedInOtherNoncurrentLiabilities', window );">Less: non-current portion included in other non-current liabilities</a></td>
        <td class="num">(76)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_CurrentPortionIncludedInOtherCurrentLiabilities', window );">Current portion included in other current liabilities</a></td>
        <td class="nump">167<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeasesFutureMinimumPaymentsDueAbstract', window );"><strong>Operating Lease</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent', window );">2013</a></td>
        <td class="nump">1,033<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears', window );">2014</a></td>
        <td class="nump">682<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears', window );">2015</a></td>
        <td class="nump">276<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears', window );">2016</a></td>
        <td class="nump">187<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears', window );">2017</a></td>
        <td class="nump">186<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter', window );">Thereafter</a></td>
        <td class="nump">2,317<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeasesFutureMinimumPaymentsDue', window );">Net minimum lease payments</a></td>
        <td class="nump">$ 4,681<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_CurrentPortionIncludedInOtherCurrentLiabilities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_CurrentPortionIncludedInOtherCurrentLiabilities</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_NoncurrentPortionIncludedInOtherNoncurrentLiabilities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_NoncurrentPortionIncludedInOtherNoncurrentLiabilities</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CapitalLeasesFutureMinimumPaymentsDueAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CapitalLeasesFutureMinimumPaymentsDueAbstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CapitalLeasesFutureMinimumPaymentsDueCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of minimum lease payments maturing in the next fiscal year following the latest fiscal year for capital leases.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 840<br><br> -SubTopic 30<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6455398&amp;loc=d3e45280-112737<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 13<br><br> -Paragraph 16<br><br> -Subparagraph a(ii)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CapitalLeasesFutureMinimumPaymentsDueCurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CapitalLeasesFutureMinimumPaymentsDueInFiveYears">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of minimum lease payments maturing in the fifth fiscal year following the latest fiscal year for capital leases.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 840<br><br> -SubTopic 30<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6455398&amp;loc=d3e45280-112737<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 13<br><br> -Paragraph 16<br><br> -Subparagraph a(ii)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CapitalLeasesFutureMinimumPaymentsDueInFiveYears</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CapitalLeasesFutureMinimumPaymentsDueInFourYears">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of minimum lease payments maturing in the forth fiscal year following the latest fiscal year for capital leases.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 840<br><br> -SubTopic 30<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6455398&amp;loc=d3e45280-112737<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 13<br><br> -Paragraph 16<br><br> -Subparagraph a(ii)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CapitalLeasesFutureMinimumPaymentsDueInFourYears</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CapitalLeasesFutureMinimumPaymentsDueInThreeYears">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of minimum lease payments maturing in the third fiscal year following the latest fiscal year for capital leases.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 840<br><br> -SubTopic 30<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6455398&amp;loc=d3e45280-112737<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 13<br><br> -Paragraph 16<br><br> -Subparagraph a(ii)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CapitalLeasesFutureMinimumPaymentsDueInThreeYears</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CapitalLeasesFutureMinimumPaymentsDueInTwoYears">
        <tr>
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          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of minimum lease payments maturing in the second fiscal year following the latest fiscal year for capital leases.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 840<br><br> -SubTopic 30<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6455398&amp;loc=d3e45280-112737<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 13<br><br> -Paragraph 16<br><br> -Subparagraph a(ii)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of minimum lease payments maturing after the fifth fiscal year following the latest fiscal year for capital leases.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 840<br><br> -SubTopic 30<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6455398&amp;loc=d3e45280-112737<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 13<br><br> -Paragraph 16<br><br> -Subparagraph a(ii)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount necessary to reduce net minimum lease payments to present value for capital leases.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 13<br><br> -Paragraph 7<br><br> -Subparagraph d<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 840<br><br> -SubTopic 30<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6455398&amp;loc=d3e45280-112737<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 13<br><br> -Paragraph 16<br><br> -Subparagraph a(ii)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 13<br><br> -Paragraph 10<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of minimum lease payments for capital leases net of executory costs, which include amounts paid by the lessee to the lessor for insurance, maintenance and taxes.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 840<br><br> -SubTopic 30<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6455398&amp;loc=d3e45280-112737<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                    <td><strong> Name:</strong></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Present value of minimum lease payments for capital leases net of executory costs, including amounts paid by the lessee to the lessor for insurance, maintenance and taxes.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 840<br><br> -SubTopic 30<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6455398&amp;loc=d3e45280-112737<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 13<br><br> -Paragraph 16<br><br> -Subparagraph a(ii)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                  <tr>
                    <td><strong> Name:</strong></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of required minimum rental payments for leases having an initial or remaining non-cancelable letter-terms in excess of one year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 13<br><br> -Paragraph 16<br><br> -Subparagraph b(i)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 13<br><br> -Paragraph 122<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 840<br><br> -SubTopic 10<br><br> -Section 55<br><br> -Paragraph 40<br><br> -Subparagraph (Note 3)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6584154&amp;loc=d3e38371-112697<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 840<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6453985&amp;loc=d3e41502-112717<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of required minimum rental payments maturing in the next fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 13<br><br> -Paragraph 16<br><br> -Subparagraph b(i)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 13<br><br> -Paragraph 122<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 840<br><br> -SubTopic 10<br><br> -Section 55<br><br> -Paragraph 40<br><br> -Subparagraph (Note 3)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6584154&amp;loc=d3e38371-112697<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 840<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6453985&amp;loc=d3e41502-112717<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of required minimum rental payments maturing in the fifth fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 13<br><br> -Paragraph 16<br><br> -Subparagraph b(i)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 13<br><br> -Paragraph 122<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 840<br><br> -SubTopic 10<br><br> -Section 55<br><br> -Paragraph 40<br><br> -Subparagraph (Note 3)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6584154&amp;loc=d3e38371-112697<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 840<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6453985&amp;loc=d3e41502-112717<br><br><br><br></p>
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                <p>Amount of required minimum rental payments maturing in the forth fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year.</p>
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                <p>Amount of required minimum rental payments maturing in the third fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year.</p>
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                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 13<br><br> -Paragraph 16<br><br> -Subparagraph b(i)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 13<br><br> -Paragraph 122<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 840<br><br> -SubTopic 10<br><br> -Section 55<br><br> -Paragraph 40<br><br> -Subparagraph (Note 3)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6584154&amp;loc=d3e38371-112697<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 840<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6453985&amp;loc=d3e41502-112717<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of required minimum rental payments maturing in the second fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 13<br><br> -Paragraph 16<br><br> -Subparagraph b(i)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 13<br><br> -Paragraph 122<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 840<br><br> -SubTopic 10<br><br> -Section 55<br><br> -Paragraph 40<br><br> -Subparagraph (Note 3)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6584154&amp;loc=d3e38371-112697<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 840<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6453985&amp;loc=d3e41502-112717<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of required minimum rental payments maturing after the fifth fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EWOAC">
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          <div style="width: 200px;"><strong>Note 11 - INCOME TAXES (Details 6) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
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          <div>Dec. 31, 2012</div>
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          <div>Dec. 31, 2011</div>
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        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_OperatingLossCarryforwardPreviousYear', window );">2011</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_OperatingLossCarryforwardYearOne', window );">2013</a></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_OperatingLossCarryforwardYearTwo', window );">2014</a></td>
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                    <td><strong> Balance Type:</strong></td>
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                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                <p>Custom Element.</p>
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                <p>No definition available.</p>
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                <p>Custom Element.</p>
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                <p>No definition available.</p>
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                <p>Custom Element.</p>
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                <p>No definition available.</p>
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                    <td><nobr>apwc_OperatingLossCarryforwardYearThree</nobr></td>
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                <p>Custom Element.</p>
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                <p>No definition available.</p>
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                    <td><nobr>apwc_OperatingLossCarryforwardYearTwo</nobr></td>
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                <p>The sum of domestic, foreign and state and local operating loss carryforwards, before tax effects, available to reduce future taxable income under enacted tax laws.</p>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
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          <div style="width: 200px;"><strong>Note 18 - RELATED PARTY BALANCES AND TRANSACTIONS<br></strong></div>
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        <td class="text"><p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify; text-indent: 0.05pt">The related
parties are defined as affiliates of the Company; entities for which investments are accounted for by the equity method by the
Company; the principal owners of the Company; its management; members of the immediate families of the principal owners of the
Company and its management.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify; text-indent: 0.05pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">Moon View Venture
Limited (&#147;Moon View&#148;), PEWC, Singapore Branch and PEWC Singapore Co. (Pte) Ltd. are controlled by PEWC.&#160; Moon
View is the immediate holding company of the Company. Italian-Thai Development Public Company Limited (&#147;Italian-Thai&#148;)
is the noncontrolling shareholder of one of the Company&#146;s Operating Subsidiaries in Thailand. SPHC is one of the Company&#146;s
equity investees. Fujikura Limited is a noncontrolling shareholder of one of the Company&#146;s Operating Subsidiaries in Thailand.</p>

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    <td style="padding-right: 5pt; text-align: right">&#160;</td>
    <td style="padding-right: 5pt; text-align: right">&#160;</td>
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</table>
<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">&#160;</p>

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rates on the short-term loan from Moon View range from 1.36% to 1.58% and are repayable upon demand. All balances with related
parties are unsecured.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
The transactions undertaken with related parties are summarized as follows:</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt">
<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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    <td style="padding-right: 0.7pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.7pt">&#160;</td>
    <td style="padding-right: 0.7pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.7pt">&#160;</td>
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<tr style="background-color: #CCEEFF">
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    <td style="vertical-align: bottom; padding-right: 5pt; text-align: right">&#160;</td>
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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 42.55pt; text-indent: -0.5in"><br clear="all" />
&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in">&#160;</p>

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of copper rods and copper cathode.&#160; Copper cathode is purchased by Siam Pacific to avoid the high import tariffs levied on
copper rods.&#160; Copper cathode needs to be processed into copper rods prior to the manufacturing of wire and cable products.&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

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Exchange (the &#147;LME&#148;) plus a certain premium.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

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of power cable from PEWC is determined by reference to the quoted copper prices on the LME. No sales commission was received from
PEWC during the years ended December 31, 2010, 2011 and 2012.&#160;&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160; &#160;</p>

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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -60pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160; PEWC will sell copper rod to the Company, upon the Company&#146;s request, (i) at
a price consisting of the average spot price of copper on the LME for the one month prior to purchase plus an agreed upon premium,
(ii) at prices and on terms at least as favorable as it provides copper rod to other purchasers of similar amounts of copper rod
in the same markets as PEWC and (iii) will give priority in the supply of copper rod to the Company over other purchasers of copper
rod from PEWC.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -1in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -60pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160; PEWC grants to the Company the right to distribute any wire or cable product manufactured
by PEWC in all markets in which the Company presently distributes or develops the capability to distribute in the future, such
products on such terms as have historically been in effect or on terms at least as favorable as PEWC grants to third parties that
distribute such products in such markets. However, PEWC shall not be required to grant to the Company the right to distribute products
manufactured by PEWC in the future in markets where the Company does not currently have the capability to distribute unless and
until PEWC has no pre-existing contractual rights which would conflict with the grant of such right to the Company.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -1in">&#160;</p>

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(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160; PEWC will make available to the Company, upon the Company&#146;s request and on
terms to be mutually agreed between PEWC and the Company from time to time, access to certain of PEWC&#146;s technology (and PEWC
personnel necessary to use such technology) with respect to the design and manufacture of wire and cable products, including, without
limitation, certain fiber optic technology.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -1in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -60pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160; PEWC will make available to the Company, upon the Company&#146;s request and on
terms to be mutually agreed between PEWC and the Company from time to time, certain services with respect to the design and manufacture
of wire and cable products, computerization, inventory control, purchasing, internal auditing, quality control, emergency back-up
services, and recruitment and training of personnel; such services may include the training of the Company&#146;s employees and
managers at PEWC facilities and the secondment of PEWC employees and managers to the Company.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -1in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -60pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160; Each of PEWC and the Company will offer the other party the right to participate
in any negotiations with a third party concerning the establishment of any facility or similar venture to manufacture or distribute
any wire or cable product outside of the markets where the Company currently manufactures or distributes, or intends to develop
the capability to manufacture or distribute, any wire or cable product. Unless the Company and PEWC mutually agree otherwise, the
Company shall have the right of first refusal to enter into any definitive agreement with such third party. If, however, such third
party would not agree to the substitution of the Company for PEWC or such substitution would prevent the successful completion
of the facility or venture, PEWC will arrange for the Company to participate to the extent possible.&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -60pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
(f)&#160;&#160;&#160;&#160;&#160;&#160;&#160; Without the consent of the Company, PEWC will not compete with respect to the
manufacture of wire and cable products in any market in which the Company is manufacturing or has taken significant steps to
commence manufacturing.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -1in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -60pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
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the equivalent of a market.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -1in">&#160;</p>

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(h)&#160;&#160;&#160;&#160;&#160;&#160;&#160; The composite services agreement dated November 7, 1996 has a three-year term. The
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<tr style="vertical-align: top; background-color: #CCEEFF">
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<tr style="vertical-align: top; background-color: #CCEEFF">
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<tr style="vertical-align: top">
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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: -36pt">&#160;</p><span></span></td>
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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-indent: -72pt">&#160;</p>

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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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    <td style="padding-right: 0.7pt">&#160;</td>
    <td style="padding-right: 0.7pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.7pt">&#160;</td>
    <td style="padding-right: 0.7pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.7pt">&#160;</td></tr>
<tr style="vertical-align: top; background-color: #CCEEFF">
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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-indent: -36pt">&#160;</p><span></span></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of future minimum lease payments as of the date of the latest balance sheet presented, in aggregate and for each of the five years succeeding fiscal years, with separate deductions from the total for the amount representing executor costs, including any profit thereon, included in the minimum lease payments and for the amount of the imputed interest necessary to reduce the net minimum lease payments to present value.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
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              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ScheduleOfFutureMinimumLeasePaymentsForCapitalLeasesTableTextBlock</nobr></td>
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                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
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                    <td>na</td>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>37
<FILENAME>R75.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <link rel="StyleSheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script></head>
  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ESAAE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 12 - VALUE ADDED TAX (VAT) (Details)<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Thailand</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ValueAddedTaxRates', window );">Value added tax rates</a></td>
        <td class="nump">17.00%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Singapore</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ValueAddedTaxRates', window );">Value added tax rates</a></td>
        <td class="nump">7.00%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Australia</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ValueAddedTaxRates', window );">Value added tax rates</a></td>
        <td class="nump">6.00%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">China</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ValueAddedTaxRates', window );">Value added tax rates</a></td>
        <td class="nump">10.00%<span></span></td>
      </tr>
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    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_ValueAddedTaxRates">
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
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  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>38
<FILENAME>R37.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <link rel="StyleSheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script></head>
  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 9 - EARNINGS (LOSS) PER SHARE (Tables)<br></strong></div>
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        <th class="th" colspan="1">12 Months Ended</th>
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      <tr>
        <th class="th">
          <div>Dec. 31, 2012</div>
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      <tr class="ro">
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<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%">
<tr style="vertical-align: bottom">
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<tr style="vertical-align: bottom">
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<tr style="vertical-align: bottom">
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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<tr style="vertical-align: bottom; background-color: white">
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
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<tr style="vertical-align: bottom; background-color: white">
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    <td style="line-height: 115%">&#160;</td>
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    <td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">0.10</font></td>
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    <td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">0.00</font></td>
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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    <td style="line-height: 115%">&#160;</td>
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                <p>Tabular disclosure of an entity's basic and diluted earnings per share calculations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0E5CAC">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Note 5 - SHORT-TERM BANK DEPOSITS (Details) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
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        <td class="text">&#xA0;<span></span></td>
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                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
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                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
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  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <link rel="StyleSheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script></head>
  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EJXAE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 11 - INCOME TAXES (Details 2) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
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      <tr>
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        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2010</div>
        </th>
      </tr>
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        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate', window );">Tax provision at statutory rate</a></td>
        <td class="nump">$ 6,631<span></span></td>
        <td class="nump">$ 191<span></span></td>
        <td class="nump">$ 9,608<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxReconciliationForeignIncomeTaxRateDifferential', window );">Foreign income taxed at different rate</a></td>
        <td class="nump">695<span></span></td>
        <td class="nump">1,350<span></span></td>
        <td class="nump">881<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ExpensesNotDeductibleForTaxPurposeimpairmentOfGoodwillNotDeductibleForTax', window );">Expenses not deductible for tax purpose Impairment of goodwill not deductible for tax</a></td>
        <td class="nump">169<span></span></td>
        <td class="nump">7,532,637<span></span></td>
        <td class="nump">1,684<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_WrittenoffDeferredTaxAssetsArisingFromliquidationOfSubsidiary', window );">Written-off deferred tax assets arising from liquidation of a subsidiary</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">3,633<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ReversalOfValuationAllowanceArisingFromliquidationOfSubsidiary', window );">Reversal of valuation allowance arising from liquidation of a subsidiary</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="num">(3,633)<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_UtilizationOfPriorYearTaxLosses', window );">Utilization of prior year tax losses</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="num">(6,186)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount', window );">Changes in valuation allowance</a></td>
        <td class="nump">466<span></span></td>
        <td class="num">(291)<span></span></td>
        <td class="nump">2,473<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_WrittenOffDeferredTax', window );">Written-off deferred tax</a></td>
        <td class="nump">184<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">215<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxReconciliationTaxExemptIncome', window );">Tax exempt on income</a></td>
        <td class="num">(26)<span></span></td>
        <td class="num">(1,453)<span></span></td>
        <td class="num">(2,583)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxReconciliationTaxHolidays', window );">Difference due to effect of tax holidays</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="num">(583)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_UnrecognizedTaxBenefits1', window );">Unrecognized tax benefits</a></td>
        <td class="nump">34<span></span></td>
        <td class="nump">1,026<span></span></td>
        <td class="nump">354<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_DeferredTaxLiabilityArisingFromundistributedEarnings', window );">Deferred tax liability arising from undistributed earnings</a></td>
        <td class="nump">429<span></span></td>
        <td class="nump">193<span></span></td>
        <td class="nump">578<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_EffectOfTemporaryTaxRateChangesOnDeferredTaxAssets', window );">Effect of temporary tax rate changes on deferred tax assets</a></td>
        <td class="nump">408<span></span></td>
        <td class="nump">862<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ReturnToProvisionAdjustment', window );">Return to provision adjustment</a></td>
        <td class="num">(8)<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxReconciliationOtherAdjustments', window );">Others</a></td>
        <td class="num">(607)<span></span></td>
        <td class="num">(702)<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_TaxIncomeForYear', window );">Total tax income for the year</a></td>
        <td class="nump">$ 8,383<span></span></td>
        <td class="nump">$ 4,566<span></span></td>
        <td class="nump">$ 6,441<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_DeferredTaxLiabilityArisingFromundistributedEarnings">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_DeferredTaxLiabilityArisingFromundistributedEarnings</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_DisclosureNote11IncomeTaxesDetails2Abstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_DisclosureNote11IncomeTaxesDetails2Abstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_EffectOfTemporaryTaxRateChangesOnDeferredTaxAssets">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_EffectOfTemporaryTaxRateChangesOnDeferredTaxAssets</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_ExpensesNotDeductibleForTaxPurposeimpairmentOfGoodwillNotDeductibleForTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_ExpensesNotDeductibleForTaxPurposeimpairmentOfGoodwillNotDeductibleForTax</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_ReturnToProvisionAdjustment">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_ReturnToProvisionAdjustment</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_ReversalOfValuationAllowanceArisingFromliquidationOfSubsidiary">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_ReversalOfValuationAllowanceArisingFromliquidationOfSubsidiary</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_TaxIncomeForYear">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_TaxIncomeForYear</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_UnrecognizedTaxBenefits1">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_UnrecognizedTaxBenefits1</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_UtilizationOfPriorYearTaxLosses">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_UtilizationOfPriorYearTaxLosses</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_WrittenOffDeferredTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_WrittenOffDeferredTax</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_WrittenoffDeferredTaxAssetsArisingFromliquidationOfSubsidiary">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_WrittenoffDeferredTaxAssetsArisingFromliquidationOfSubsidiary</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxReconciliationForeignIncomeTaxRateDifferential">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The portion of the difference, between total income tax expense or benefit as reported in the Income Statement for the period and the expected income tax expense or benefit computed by applying the domestic federal statutory income tax rates to pretax income from continuing operations, that is attributable to total foreign income tax expense or benefit. The foreign income tax expense or benefit difference represents the income tax expense or benefit at applicable domestic statutory income tax rates applied to foreign earnings or loss for the period versus the foreign income tax expense or benefit calculated by applying the appropriate foreign tax rates.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32687-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 13<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32698-109319<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph h<br><br> -Subparagraph 1<br><br> -Article 4<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncomeTaxReconciliationForeignIncomeTaxRateDifferential</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of income tax expense or benefit for the period computed by applying the domestic federal statutory tax rates to pretax income from continuing operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 47<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32687-109319<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 13<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32698-109319<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph h<br><br> -Subparagraph 2<br><br> -Article 4<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxReconciliationOtherAdjustments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The portion of the difference, between total income tax expense or benefit as reported in the Income Statement for the year/accounting period and the expected income tax expense or benefit computed by applying the domestic federal statutory income tax rates to pretax income from continuing operations, that is attributable to all other items not otherwise listed in the existing taxonomy.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32687-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncomeTaxReconciliationOtherAdjustments</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxReconciliationTaxExemptIncome">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The portion of the difference between total income tax expense or benefit as reported in the Income Statement for the period and the expected income tax expense or benefit computed by applying the domestic federal statutory income tax rates to pretax income from continuing operations attributable to income that is exempt from income taxes under enacted tax laws.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32687-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 13<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32698-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncomeTaxReconciliationTaxExemptIncome</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxReconciliationTaxHolidays">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The portion of the difference between total income tax expense or benefit as reported in the Income Statement and the expected income tax expense or benefit computed by applying the domestic federal statutory income tax rates to pretax income from continuing operations attributable to income that is exempt from income tax because of [foreign] tax holidays an entity has received in the period. A foreign tax "holiday" refers to a foreign jurisdiction that attempts to attract in-coming or foreign investment by offering an exemption from income taxes for some defined period of time.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32687-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 13<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32698-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncomeTaxReconciliationTaxHolidays</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of the change in the period in the valuation allowance for a specified deferred tax asset.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 43<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 20<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e32123-109318<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 26<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
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<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EEIAE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 9 - EARNINGS (LOSS) PER SHARE (Details) (USD $)<br>In Thousands, except Share data, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2010</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeAmountsAttributableToReportingEntityDisclosuresAbstract', window );"><strong>Numerator:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity', window );">Income (loss) attributable to APWC from continuing operations</a></td>
        <td class="nump">$ 12,486<span></span></td>
        <td class="num">$ (6,832)<span></span></td>
        <td class="nump">$ 14,142<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest', window );">Income (loss) attributable to APWC from discontinued operations</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">1,393<span></span></td>
        <td class="num">(2)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_NetIncomeLossAttributableToNonControllingInterest1', window );">Net income (loss) attributable to APWC</a></td>
        <td class="nump">$ 12,486<span></span></td>
        <td class="num">$ (5,439)<span></span></td>
        <td class="nump">$ 14,140<span></span></td>
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      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareBasicAndDilutedOtherDisclosuresAbstract', window );"><strong>Denominator (in number of shares):</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted', window );">Weighted-average common shares outstanding - basic and diluted</a></td>
        <td class="nump">13,828,869<span></span></td>
        <td class="nump">13,830,769<span></span></td>
        <td class="nump">13,830,769<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareBasicAndDilutedAbstract', window );"><strong>Earnings (loss) per share - basic and diluted</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare', window );">Continuing operations</a></td>
        <td class="nump">$ 0.79<span></span></td>
        <td class="num">$ (0.49)<span></span></td>
        <td class="nump">$ 1.02<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare', window );">Discontinued operations</a></td>
        <td class="nump">$ 0<span></span></td>
        <td class="nump">$ 0.10<span></span></td>
        <td class="nump">$ 0<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareBasicAndDiluted', window );">Total earnings (loss) per share - basic and diluted</a></td>
        <td class="nump">$ 0.79<span></span></td>
        <td class="num">$ (0.39)<span></span></td>
        <td class="nump">$ 1.02<span></span></td>
      </tr>
    </table>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements.  Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period.  Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                    <td>xbrli:stringItemType</td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of income (loss) from continuing operations attributable to the noncontrolling interest. Also defined as revenue less expenses and taxes from ongoing operations before extraordinary items but after deduction of those portions of income or loss from continuing operations that are allocable to noncontrolling interests.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 15<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7656940&amp;loc=SL4568447-111683<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 25<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 19<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7656940&amp;loc=SL4569616-111683<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 29<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of net income (loss) from continuing operations per each basic and diluted share of common stock or unit when the per share amount is the same for both basic and diluted shares.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                  <tr>
                    <td><strong> Name:</strong></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the overall income (loss) from a disposal group that is classified as a component of the entity, net of income tax, reported as a separate component of income before extraordinary items, which is apportioned to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This item includes the following (net of tax): income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 15<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7656940&amp;loc=SL4568447-111683<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 25<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 19<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7656940&amp;loc=SL4569616-111683<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 29<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of income (loss) derived from discontinued operations during the period, net of related tax effect, per each basic and diluted share of common stock or unit when the per share amount is the same for both basic and diluted shares.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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          <div style="width: 200px;"><strong>Note 21 -SEGMENT FINANCIAL INFORMATION (Tables)<br></strong></div>
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        <th class="th" colspan="1">12 Months Ended</th>
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          <div>Dec. 31, 2012</div>
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<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><i>Description of
Products by Segments</i></p>

<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt">&#160;</p>

<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify">In accordance with ASC 280,
<i>&#147;Segment Reporting&#148;</i>, the chief operating decision maker has been identified as the chief operating officer,
who reviews consolidated results when making decisions about allocating resources and assessing performance of the Company. According
to the management approach, the Company currently operates in three operating segments: (1) manufacturing of wire and cable products
(&#147;Manufactured products&#148;), (2) distribution of copper and cable products manufactured by PEWC and third party suppliers
(&#147;Distributed products&#148;) and (3) SDI.</p>

<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt">&#160;</p>

<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -20pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<i>Measurement
of Segment Profit or Loss and Segment Assets</i></p>

<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt">&#160;</p>

<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -20pt"><i>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</i>The
Company evaluates performance and allocates resources based on gross profit. The accounting policies of the reportable segments,
including transactions entered between reportable segments, are the same as those described in the summary of significant accounting
policies.</p>

<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt">&#160;</p>

<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: -36pt">&#160;</p>

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    <td colspan="5" style="padding-right: 10pt; text-align: center; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">Year ended December 31,</font></td></tr>
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<tr style="vertical-align: top; background-color: #CCEEFF">
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<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: -36pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
&#160;</p>

<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: -36pt">&#160;</p>

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<tr>
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<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0">&#160;</p>

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<tr style="vertical-align: top">
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<tr style="vertical-align: top; background-color: #CCEEFF">
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<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0">&#160;</p>

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<tr>
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<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: -36pt">&#160;</p>

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<tr>
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<tr>
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<tr>
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    <td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%">&#160;</td>
    <td style="vertical-align: top; text-align: right; line-height: 115%">&#160;</td>
    <td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%">&#160;</td>
    <td style="vertical-align: top; text-align: right; line-height: 115%">&#160;</td>
    <td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%">&#160;</td>
    <td style="vertical-align: top; text-align: right; line-height: 115%">&#160;</td>
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<tr style="background-color: #CCEEFF">
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    <td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%">&#160;</td>
    <td style="vertical-align: top; text-align: right; line-height: 115%">&#160;</td>
    <td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%">&#160;</td>
    <td style="vertical-align: top; text-align: right; line-height: 115%">&#160;</td>
    <td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%">&#160;</td>
    <td style="vertical-align: top; text-align: right; line-height: 115%">&#160;</td>
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<tr style="vertical-align: top">
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<tr style="background-color: #CCEEFF">
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<tr>
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    <td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%">&#160;</td>
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<tr style="background-color: #CCEEFF">
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<tr>
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<tr style="background-color: #CCEEFF">
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    <td style="vertical-align: top; text-align: right; line-height: 115%">&#160;</td>
    <td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%">&#160;</td>
    <td style="vertical-align: top; text-align: right; line-height: 115%">&#160;</td>
    <td style="vertical-align: top; padding-right: 8pt; text-align: right; line-height: 115%">&#160;</td>
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<tr>
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<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: -36pt">&#160;</p>

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<tr style="vertical-align: top; background-color: #CCEEFF">
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<tr style="vertical-align: top">
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    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
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<tr style="vertical-align: top; background-color: #CCEEFF">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top; background-color: #CCEEFF">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top; background-color: #CCEEFF">
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<tr>
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<tr style="vertical-align: top; background-color: #CCEEFF">
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<tr style="vertical-align: top">
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</table>
<p style="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">&#160;</p>



<p style="margin: 0pt"></p><span></span></td>
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      <tr class="re">
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<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%">
<tr style="vertical-align: bottom">
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<tr style="vertical-align: bottom">
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 1 - ORGANIZATION AND PRINCIPAL ACTIVITIES<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_NotesToFinancialStatementsAbstract', window );"><strong>Notes to Financial Statements</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock', window );">ORGANIZATION AND PRINCIPAL ACTIVITIES</a></td>
        <td class="text"><p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0pt"><font style="font-family: Times New Roman, Times, Serif">Asia
Pacific Wire &#38; Cable Corporation Limited (&#147;APWC&#148; or the &#147;Company&#148;), which is a subsidiary of Pacific
Electric Wire &#38; Cable Co., Ltd. (&#147;PEWC&#148;), a Taiwanese company, was incorporated as an exempted company in Bermuda
on September 19, 1996 under the Companies Act 1981 of Bermuda (as amended) for the purpose of acting as a holding company. The
Company is principally engaged in owning operating companies engaged in the power cable, telecommunication cable, enameled wire
and electronic cable industry.&#160;</font></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify">The Company&#146;s operating subsidiaries
(the &#147;Operating Subsidiaries&#148;) are engaged in the manufacturing and distribution of telecommunications, power cable
and enameled wire products in Singapore, Thailand, Australia, the People&#146;s Republic of China (&#147;PRC&#148;) and other
markets in the Asia Pacific region. Major customers of the Operating Subsidiaries include government organizations, electric contracting
firms, electrical dealers, and wire and cable factories. The Company&#146;s Operating Subsidiaries also engage in the distribution
of certain wire and cable products manufactured by PEWC and third parties. In certain markets, the Company also provides project
engineering services to customers through its supply, delivery and installation (the &#147;SDI&#148;) business segment.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify">The Company was listed on the New York
Stock Exchange in March 1997. On December 24, 2001, the staff of the New York Stock Exchange (&#147;NYSE&#148;) announced that
it had determined that the trading of the common shares of APWC should be suspended prior to December 31, 2001. The decision was
reached in view of the fact that the Company&#146;s share price had fallen below NYSE&#146;s continued listing standards. Following
the delisting of the Company&#146;s common shares on the NYSE, the Company&#146;s common shares were traded under the ticker
AWRCF, on the Over-the-Counter Bulletin Board (&#147;OTC BB&#148;), operated by the National Association of Securities Dealers,
Inc. (&#147;NASD&#148;). After the Company failed to timely file its annual report on Form 20-F for the 2004 fiscal year, the
Company was delisted from the OTC BB in August 2005 and thereafter its common shares were quoted on the &#147;pink sheets&#148;
market by Pink Sheets LLC, a privately owned company that provides pricing and financial information for over-the-counter securities.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify">On June 28, 2007, SOF Investment,
L.P. (&#147;SOF&#148;), a Delaware limited partnership controlled by MSD Capital, L.P. acquired 20% of the issued and outstanding
shares of the Company from a private equity investor and entered into a shareholders&#146; agreement with the Company and PEWC.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify">On April 9, 2008, the Company was
listed again and began trading its common shares on the OTC BB after completing all reporting requirements and filing all outstanding
financial reports with the US Securities and Exchange Commission (&#147;SEC&#148;). The Company is subject to the reporting requirements
under the Securities Exchange Act of 1934.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify">On March 30, 2009, SOF sold 10.2%
of the issued and outstanding shares of the Company to PEWC. PEWC is currently holding 65.6% of the equity of the Company and COF
(as successor-in-interest to SOF) is holding 9.8%. The remaining 24.6% of the issued and outstanding common shares were publicly
traded on the Over-the-Counter Bulletin Board (&#147;OTC BB&#148;) prior to that date.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify">On April 29, 2011, the Company&#146;s
common shares commenced trading on NASDAQ Capital Market tier.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify">As of July 1, 2011, SOF transferred
its 9.8% interest in the Company to MSD Credit Opportunity Master Fund, L.P. (&#147;COF&#148;), which became a party to the shareholders
agreement, as amended and restated on March 27, 2009 (the &#147;Amended Shareholders Agreement&#148;), and succeeded to all of
the right, title, and interest in the common shares previously held by SOF.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify">On February 15, 2013, the Company&#146;s
common shares  started trading on the NASDAQ Global Market tier.&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 3.35pt 0 0.5in; text-align: justify"><i>Share Capital </i></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 3.35pt 0 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify">On September 8, 2008, the Company&#146;s
shareholders approved an increase to the authorized share capital from 20,000,000 common shares, par value $0.01 per share, to
50,000,000 common shares, par value $0.01 per share.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.4pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><i>Share Capital Repurchase
Program</i></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.4pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify">The Company&#146;s board of directors
authorized a share capital repurchase program for its common shares on August 28, 2012, up to $2 million worth of its common shares
over the next twelve months. Up to December 31, 2012, the Company had repurchased 1,900 shares with a total consideration of $6.
The Company records the value of its common shares held in the treasury at cost.&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.4pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.4pt">i)&#160; The subsidiaries
of the Company are set out below:</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 56.7pt; text-align: justify; text-indent: 0.5in">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt">
<tr>
    <td style="vertical-align: top; padding-right: 1.4pt; padding-left: 1.4pt">
        <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
        <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 5.5pt"><u>Place of incorporation and operations</u></p></td>
    <td colspan="2" style="vertical-align: bottom; padding-right: 1.4pt; padding-left: 1.4pt">
        <p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.5pt; text-align: center; text-indent: -9.8pt">Percentage of</p>
        <p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.5pt; text-align: center; text-indent: -9.8pt"><u>equity interest</u></p>
        <p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.5pt; text-align: center; text-indent: -9.8pt">As of December
        31,</p></td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 70%">&#160;</td>
    <td style="width: 15%; padding-left: 15.2pt; text-align: center; text-indent: -9.8pt"><font style="font-size: 8pt"><u>2011</u></font></td>
    <td style="width: 15%; padding-left: 15.2pt; text-align: center; text-indent: -9.8pt"><font style="font-size: 8pt"><u>2012</u></font></td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
    <td style="text-indent: 5.5pt"><font style="font-size: 8pt"><b><u>The British Virgin Islands </u></b></font></td>
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    <td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="text-indent: 5.5pt">&#160;</td>
    <td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt">&#160;</td>
    <td style="padding-left: 15.2pt; text-align: right; text-indent: -9.8pt">&#160;</td></tr>
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    <td style="text-indent: 5.5pt"><font style="font-size: 8pt">Asia Pacific Wire &#38; Cable General Holdings Ltd.</font></td>
    <td style="padding-right: 3.8pt; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"><font style="font-size: 8pt">100%</font></td>
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<tr style="background-color: #CCEEFF">
    <td style="vertical-align: top"><font style="font-size: 8pt">PRC (APWC) Holding Ltd.</font></td>
    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"><font style="font-size: 8pt">100%</font></td>
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<tr>
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    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt">&#160;</td>
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<tr style="background-color: #CCEEFF">
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    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"><font style="font-size: 8pt">100%</font></td>
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<tr>
    <td style="vertical-align: top; text-indent: 5.5pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt">&#160;</td></tr>
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    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"><font style="font-size: 8pt">100%</font></td>
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<tr>
    <td style="vertical-align: top; text-indent: 5.5pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt">&#160;</td></tr>
<tr style="background-color: #CCEEFF">
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    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"><font style="font-size: 8pt">100%</font></td>
    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"><font style="font-size: 8pt">100%</font></td></tr>
<tr>
    <td style="vertical-align: top; text-indent: 5.5pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt">&#160;</td></tr>
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    <td style="vertical-align: top; text-indent: 5.5pt"><font style="font-size: 8pt">Trigent Investment Holdings Limited</font></td>
    <td style="vertical-align: bottom; padding-right: 3.2pt; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"><font style="font-size: 8pt">100%</font></td>
    <td style="vertical-align: bottom; padding-right: 3.2pt; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"><font style="font-size: 8pt">100%</font></td></tr>
<tr>
    <td style="vertical-align: top; text-indent: 5.5pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt">&#160;</td></tr>
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    <td style="vertical-align: top; text-indent: 5.5pt"><font style="font-size: 8pt">Crown Century Holdings Ltd.</font></td>
    <td style="vertical-align: bottom; padding-right: 3.2pt; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"><font style="font-size: 8pt">100%</font></td>
    <td style="vertical-align: bottom; padding-right: 3.2pt; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"><font style="font-size: 8pt">100%</font></td></tr>
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    <td style="vertical-align: top; text-indent: 5.5pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt">&#160;</td></tr>
<tr style="background-color: #CCEEFF">
    <td style="vertical-align: top; text-indent: 5.5pt"><font style="font-size: 8pt"><b><u>Singapore </u></b></font></td>
    <td style="vertical-align: bottom; padding-right: 3.2pt; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt">&#160;</td>
    <td style="vertical-align: bottom; padding-right: 3.2pt; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt">&#160;</td></tr>
<tr>
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    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt">&#160;</td></tr>
<tr style="background-color: #CCEEFF">
    <td style="vertical-align: top; text-indent: 5.5pt"><font style="font-size: 8pt">Sigma Cable Company (Private) Limited (&#147;Sigma Cable&#148;)</font></td>
    <td style="vertical-align: bottom; padding-right: 3.8pt; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"><font style="font-size: 8pt">98.3%</font></td>
    <td style="vertical-align: bottom; padding-right: 3.8pt; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"><font style="font-size: 8pt">98.3%</font></td></tr>
<tr>
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    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt">&#160;</td></tr>
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    <td style="vertical-align: top"><font style="font-size: 8pt">Sigma-Epan International Pte Ltd. (&#147;Sigma-Epan&#148;)</font></td>
    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"><font style="font-size: 8pt">100%</font></td>
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<tr>
    <td style="vertical-align: top; text-indent: 5.5pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt">&#160;</td></tr>
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    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"><font style="font-size: 8pt">100% </font></td>
    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"><font style="font-size: 8pt">100% </font></td></tr>
<tr>
    <td style="vertical-align: top; text-indent: 5.5pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt">&#160;</td></tr>
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    <td style="vertical-align: bottom; padding-right: 5.5pt; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"><font style="font-size: 8pt">100% </font></td>
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    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt">&#160;</td></tr>
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    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"><font style="font-size: 8pt">100%</font></td>
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<tr>
    <td style="vertical-align: top; text-indent: 5.5pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt">&#160;</td></tr>
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<tr>
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    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt">&#160;</td>
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<tr style="background-color: #CCEEFF">
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    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt"><font style="font-size: 8pt">92.6%</font></td>
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<tr>
    <td style="vertical-align: top; text-indent: 5.5pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 15.2pt; text-align: right; text-indent: -9.8pt">&#160;</td></tr>
<tr style="background-color: #CCEEFF">
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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>

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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 34.6pt 0 42.55pt; text-indent: -7.55pt">&#160;</p>

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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify; text-indent: 0.5in">&#160;</p>

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<tr style="vertical-align: top">
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    <td><font style="font-size: 8pt">On June 8, 2012, the Charoong Thai&#146;s board of directors resolved to set up Double D. Double D registered its incorporation on August 30, 2012 with Baht 20 million registered capital and it is wholly owned by Charoong Thai.</font></td></tr>
<tr style="vertical-align: top">
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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 60pt; text-align: justify; text-indent: -24pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</p>

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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify; text-indent: 0.05pt"><u>Put Right
and Option</u></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify">Under the terms of the Amended Shareholders&#146;
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and PEWC agreed to purchase from COF upon the occurrence of a Put Event, all registrable securities then owned by COF (the &#147;
Put Shares &#148;), for an amount equal to the Put Price (defined below) together with interest (calculated on the basis of a
360 day year) on the Put Price, computed (x) from June 28, 2007 through May 31, 2010 at a rate per annum that shall be equal to
the Libor rate plus fifty (50) basis points (compounded annually), and (y) from June 1, 2010 until the Put Closing (defined below)
at a rate per annum that shall be equal to the Libor rate plus one hundred and fifty (150) basis points</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify">(compounded annually) (the &#147;
Put Right &#148;). If the Put Event terminates prior to the closing of such Put Right, the exercise of the Put Right is deemed
rescinded and the transaction relating to the Put Right is deemed cancelled, but this will not terminate the existence of a future
Put Right upon the triggering of a future Put Event.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify">A &#147;Put Event&#148; means any
date (i) after March 11, 2009 whereby an event has occurred and continues to occur, or (ii) after February 1, 2011 whereby the
shares are not listed on a US Securities Market, which means any of the NASDAQ Stock Market, Inc. (Global Market or Global Select
Market), Alternext U.S. (f/k/a the American Stock Exchange LLC), the New York Stock Exchange LLC or in conjunction with a dual
listing on, or a transfer from, a US Securities Market to one or more of the principal or secondary exchanges for the public trading
of equity securities in any of Hong Kong, Tokyo or Singapore. The &#147;Put Price&#148; means for (i) shares purchased pursuant
to the Purchase Agreement, an aggregate amount equal to the product of (a) the number of shares being sold and (b) US$4.35 and
(ii) shares purchased under preemptive right provisions of the amended shareholders&#146; agreement (the &#147;Shareholders&#146;
Agreement&#148;), and aggregate amount equal to the purchase price thereof.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify">The Shareholders&#146; Agreement
does not contain any provisions that impose any purchase, reimbursement or financing obligations on the Company in the event that
SOF exercises the Put Right. The Put Right is an obligation solely of PEWC and not of the Company. However, for the avoidance of
doubt and as a re-affirmation that the financial and other obligation to SOF in the event</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify">of an exercise of the Put Right rest
exclusively with PEWC, the Company has, on March 27, 2009, entered into a non-recourse confirmation agreement (the &#147;Non-recourse
Confirmation Agreement&#148;) with PEWC whereby PEWC (i) covenants that it has no put right against the Company relating to the
Put Shares and that PEWC&#146;s obligations to SOF are without recourse to the Company, (ii) waives any such right should it arise
in the future, and (iii) agrees that it shall not cause the Company, directly or indirectly, to incur any costs associated with
the exercise of the Put Right.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify">The Shareholders&#146; Agreement
provides, and the Non-recourse Confirmation Agreement confirms, that the Put Right is solely the obligation of PEWC. The Company
has no purchase, reimbursement or financing obligations in the event that SOF exercises the Put Right. As such, the Company has
classified the Put Shares as equity in the accompanying financial statements.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify">The Company received an approval
letter from Nasdaq on April 13, 2011 for the listing of its common shares on NASDAQ, with &#147;APWC&#148; as the trading symbol
and, as noted, on April 29, 2011, the Company&#146;s common shares commenced trading on NASDAQ Capital Market, which tier does
not fit within the definition of a national &#147;Securities Market&#148;, as provided in the Shareholders&#146; Agreement.
The Company applied to list the common shares on the NADAQ Global Market after the Company fulfilled NASDAQ&#146;s requirement
for the migration, which included trading price per shares, liquidity requirements, operating history and a diversified shareholder
list. The Company&#146;s common shares began trading on the NASDAQ Global Market effective February 15, 2013. There is no impact
on existing shareholders from this change in trading tiers.</p><span></span></td>
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          <div style="width: 200px;"><strong>Note 15 - FLOODING IN THAILAND (Tables)<br></strong></div>
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        <th class="th" colspan="1">12 Months Ended</th>
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          <div>Dec. 31, 2012</div>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
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          <div style="width: 200px;"><strong>Note 22 - SUMMARIZED FINANCIAL INFORMATION OF EQUITY INVESTEES<br></strong></div>
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        <td class="text"><p style="font: 8pt Times New Roman, Times, Serif; margin: 0 21.2pt 0 0.5in; text-align: justify; text-indent: 0pt">The
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                <p>The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
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<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify">&#160;</p>

<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">In accordance with ASC 280, <i>&#147;Segment
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results when making decisions about allocating resources and assessing performance of the Company. According to the management
approach, the Company currently operates in three operating segments: (1) manufacturing of wire and cable products (&#147;Manufactured
products&#148;), (2) distribution of copper and cable products manufactured by PEWC and third party suppliers (&#147;Distributed
products&#148;) and (3) SDI.</p>

<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<i>Measurement
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<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</i>The
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including transactions entered between reportable segments, are the same as those described in the summary of significant accounting
policies.</p>

<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-align: justify; text-indent: -36pt">&#160;</p>

<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: -36pt">&#160;</p>

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    <td style="width: 55%; padding-right: 0.7pt; line-height: 115%">&#160;</td>
    <td style="width: 2%; padding-right: 0.7pt; text-align: center; line-height: 115%">&#160;</td>
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    <td style="padding-right: 0.7pt; line-height: 115%">&#160;</td>
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    <td style="padding-right: 0.7pt; line-height: 115%">&#160;</td>
    <td style="padding-right: 0.7pt; text-align: center; line-height: 115%">&#160;</td>
    <td style="padding-right: 0.7pt; line-height: 115%">&#160;</td>
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    <td style="padding-right: 0.7pt; text-align: center; line-height: 115%">&#160;</td>
    <td style="padding-right: 0.7pt; text-align: center; line-height: 115%">&#160;</td>
    <td style="padding-right: 0.7pt; text-align: center; line-height: 115%">&#160;</td>
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    <td style="padding-right: 0.7pt; text-align: center; line-height: 115%">&#160;</td>
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    <td style="padding-right: 0.7pt; line-height: 115%">&#160;</td>
    <td style="padding-right: 0.7pt; line-height: 115%">&#160;</td>
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    <td style="padding-right: 0.7pt; text-align: right; line-height: 115%">&#160;</td>
    <td style="padding-right: 0.7pt; text-align: right; line-height: 115%">&#160;</td>
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    <td style="padding-right: 0.7pt; text-align: right; line-height: 115%">&#160;</td>
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<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: -36pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
&#160;</p>

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<tr>
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<p style="font: 12pt/normal Times New Roman, Times, Serif; margin: 0">&#160;</p>

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<p style="font: 12pt/normal Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 12pt/normal Times New Roman, Times, Serif; margin: 0">&#160;</p>

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<tr>
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    <td style="padding-right: 5pt; text-align: right; line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="padding-right: 5pt; text-align: right; line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
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    <td style="padding-right: 5pt; text-align: right; line-height: 115%">&#160;</td>
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<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: -36pt">&#160;</p>

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    <td style="vertical-align: top; padding-right: 0.7pt; line-height: 115%">&#160;</td>
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    <td style="vertical-align: top; padding-right: 0.7pt; line-height: 115%">&#160;</td>
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    <td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%">&#160;</td>
    <td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%">&#160;</td>
    <td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%">&#160;</td>
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<tr>
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    <td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%">&#160;</td>
    <td style="vertical-align: top; text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#150;</font></td>
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    <td style="vertical-align: top; text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#150;</font></td>
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<tr style="background-color: #CCEEFF">
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    <td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%">&#160;</td>
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<tr>
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    <td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%">&#160;</td>
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    <td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%">&#160;</td>
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<tr>
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<tr>
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    <td style="vertical-align: top; padding-right: 0.7pt; text-align: center; line-height: 115%">&#160;</td>
    <td style="vertical-align: top; text-align: right; line-height: 115%">&#160;</td>
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<tr style="background-color: #CCEEFF">
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<tr style="vertical-align: top">
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<tr style="background-color: #CCEEFF">
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    <td style="vertical-align: top; padding-right: 3.35pt; text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#150;</font></td>
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<tr>
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    <td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%">&#160;</td>
    <td style="vertical-align: top; padding-right: 3.35pt; text-align: right; line-height: 115%; text-indent: 22pt"><font style="font: 8pt Times New Roman, Times, Serif">&#150;</font></td>
    <td style="vertical-align: top; padding-right: 3pt; text-align: right; line-height: 115%">&#160;</td>
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<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: -36pt">&#160;</p>

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<tr>
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<tr style="vertical-align: top; background-color: #CCEEFF">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top; background-color: #CCEEFF">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top; background-color: white">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top; background-color: white">
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    <td style="padding-right: 5pt; text-align: right; line-height: 115%">&#160;</td>
    <td style="padding-right: 0.7pt; text-align: right; line-height: 115%">&#160;</td>
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<tr style="vertical-align: top">
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<tr style="vertical-align: top; background-color: #CCEEFF">
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<tr>
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<tr style="vertical-align: top; background-color: #CCEEFF">
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<tr style="vertical-align: top">
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</table><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_NotesToFinancialStatementsAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_NotesToFinancialStatementsAbstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SegmentReportingDisclosureTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0E1KAC">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Note 7 - INVESTMENTS (Details) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_DisclosureNote7InvestmentsDetailsAbstract', window );"><strong>Note 7 - Investments Details</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesEquitySecurities', window );">Available-for-sale equity securities</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesFairValue', window );">Held-to-maturity debt securities</a></td>
        <td class="nump">2,378<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShortTermInvestments', window );">Short-term investments</a></td>
        <td class="nump">2,378<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
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      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_HeldtomaturityDebtSecurities', window );">Held-to-maturity debt securities</a></td>
        <td class="nump">360<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_EquitySecuritiesInPrivatelyheldCompaniesCostMethod', window );">Equity securities in privately-held companies (cost method)</a></td>
        <td class="nump">642<span></span></td>
        <td class="nump">618<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermInvestments', window );">Long-term investments</a></td>
        <td class="nump">1,002<span></span></td>
        <td class="nump">618<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Investments', window );">Total investments</a></td>
        <td class="nump">$ 3,380<span></span></td>
        <td class="nump">$ 618<span></span></td>
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                <p>Custom Element.</p>
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                <p>No definition available.</p>
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                <p>Custom Element.</p>
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                <p>No definition available.</p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of equity securities categorized neither as held-to-maturity nor as trading.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 115<br><br> -Paragraph 3<br><br> -Subparagraph c<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 115<br><br> -Paragraph 12<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Emerging Issues Task Force (EITF)<br><br> -Number 86-40<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 115<br><br> -Paragraph 16<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 320<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6957658&amp;loc=d3e62557-112803<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 25<br><br> -Paragraph 1<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7534914&amp;loc=d3e22054-111558<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6871852&amp;loc=d3e26610-111562<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 133<br><br> -Paragraph 22<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 115<br><br> -Paragraph 13<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 115<br><br> -Paragraph 19<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents the total of all debt securities grouped by maturity dates, at fair value, which are categorized as held-to-maturity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6872113&amp;loc=d3e27232-111563<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sum of the carrying amounts as of the balance sheet date of all investments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.1(h))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 1<br><br> -Subparagraph h<br><br> -Article 7<br><br><br><br></p>
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              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EZF">
      <tr>
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          <div style="width: 200px;"><strong>Note 18 - RELATED PARTY BALANCES AND TRANSACTIONS (Tables)<br></strong></div>
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<tr style="vertical-align: bottom; background-color: white">
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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    <td style="text-align: right; line-height: 115%">&#160;</td>
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<tr style="vertical-align: bottom; background-color: white">
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<p style="margin: 0pt"></p><span></span></td>
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      <tr class="re">
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<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%">
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<tr style="vertical-align: bottom">
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<tr style="vertical-align: bottom">
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    <td style="line-height: 115%">&#160;</td>
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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    <td style="line-height: 115%">&#160;</td>
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<tr style="vertical-align: bottom; background-color: white">
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    <td style="line-height: 115%">&#160;</td>
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    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
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    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">320</font></td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">378</font></td>
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    <td style="line-height: 115%">&#160;</td>
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    <td style="line-height: 115%">&#160;</td>
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    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#150;</font></td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#150;</font></td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">203</font></td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
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    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
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    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
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    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
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    <td style="line-height: 115%">&#160;</td>
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    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#150;</font></td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="text-align: right; line-height: 115%">&#160;</td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="text-align: right; line-height: 115%">&#160;</td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="text-align: right; line-height: 115%">&#160;</td>
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    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#150;</font></td>
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    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#150;</font></td>
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    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#150;</font></td>
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    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
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    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">109</font></td>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EYHAE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 4 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_Note4SummaryOfSignificantAccountingPoliciesPoliciesAbstract', window );"><strong>Note 4 - Summary Of Significant Accounting Policies Policies</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConsolidationPolicyTextBlock', window );">Principles of Consolidation</a></td>
        <td class="text"><p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The consolidated financial statements include
the accounts of the Company and its subsidiaries. All intercompany accounts and transactions have been eliminated on consolidation.
The Company&#146;s investments for which its ownership exceeds 20%, but which are not majority-owned or controlled, are accounted
for using the equity method if the Company has the ability to exercise significant influence over the companies&#146; operating
and financial policies. &#9;When the Company&#146;s carrying value in an equity investee company is reduced to zero, no further
losses are recorded in the Company&#146;s consolidated financial statements unless the Company has guaranteed obligations of the
investee company or has committed additional funding. When the investee company subsequently reports income, the Company will not
record its share of such income until its previous share of losses has been recovered.</p><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UseOfEstimates', window );">Use of Estimates</a></td>
        <td class="text"><p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The preparation of the consolidated financial
statements in conformity with generally accepted accounting principles accepted in the United States requires management to make
estimates, judgements, and assumptions that affect the amounts reported in the consolidated financial statements and accompanying
notes. Significant estimates reflected in the Company&#146;s consolidated financial statements include, but are not limited to,
useful lives and residual values of long-lived assets, impairment assessment of long-lived assets and goodwill, allowance for accounts
and other receivable, accounting for deferred income tax, uncertain tax position, inventory valuation, valuation allowance of deferred
tax assets and accrued rebate. Actual results could differ from those estimates.</p><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsPolicyTextBlock', window );">Cash and Cash Equivalents</a></td>
        <td class="text"><p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Cash and cash equivalents include cash
on hand, bank deposits and all short-term highly liquid investments with an original maturity of three months or less and are readily
convertible to known amounts of cash. Investments with maturities of more than three months are classified as short-term bank deposits.</p><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InventoryPolicyTextBlock', window );">Inventories</a></td>
        <td class="text"><p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Inventories are valued at the lower of
cost or market. Cost is determined using the first-in, first-out or weighted average method.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If the expected selling price less completion
costs and costs to execute sales (market) is lower than the carrying amount, a write-down is charged to expenses in cost of sales
for the amount by which the carrying amount exceeds its market. When the finished goods that were previously written down to market
are subsequently sold at above market, a recovery is credited to cost of sales. See note 10 &#150; Valuation and Qualifying Accounts.</p><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxPolicyTextBlock', window );">Income Taxes</a></td>
        <td class="text"><p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company follows the liability method
of accounting for income taxes in accordance with ASC 740, &#147;<i>Income Taxes</i>&#148; (&#147;ASC 740&#148;). Under this
method, deferred tax assets and liabilities are determined based on the difference between the financial reporting and tax bases
of assets and liabilities using enacted tax rates that will be in effect in the period in which the differences are expected to
reverse.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Current income tax expense is the amount
of income taxes expected to be payable for the current year. Deferred income tax balances reflect the effects of temporary differences
between the carrying amounts of assets and liabilities and their tax basis and are stated at enacted tax rates expected to be in
effect when taxes are actually paid or recovered. ASC 740, requires that deferred tax assets be evaluated for future realization
and reduced by a valuation allowance to the extent the Company believes a portion will not be realized. The Company considers many
factors when assessing the likelihood of future realization of its deferred tax assets, including its recent cumulativeearnings
experience and expectations of future taxable income by taxing jurisdiction, the carry-forwardperiods available to the Company
for tax reporting purposes, and other relevant factors.Deferred income tax expense (benefit) is the net change during the year
in the deferred income tax asset or liability.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company adopted the provisions of ASC
740 toaccount for uncertainties in income taxes.ASC 740contains a two-step approach to recognizing and measuring uncertain tax
positions. The first step is to evaluate the tax position for recognition bydetermining if the weight of available evidence indicates
it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation
processes, if any. The second step is to measure the tax benefit as the largest amount, which is more than 50% likely of being
realized upon ultimate settlement. The Company considers many factors when evaluating and estimating its tax positions and tax
benefits, which may require periodic adjustments and which may not accurately anticipate actual outcomes. The Company&#146;s policy
is to recognize interest expense and penalties related to income tax matters as a component of income tax expense.</p><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock', window );">Property, Plant and Equipment</a></td>
        <td class="text"><p style="margin: 0pt"></p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Property, plant and equipment are stated
at cost less depreciation and any impairment losses. Asset leases qualifying as capital leases are also included in property, plant
and equipment. Major renewals and improvements are capitalized and minor replacements, maintenance, and repair expenses are charged
to current operations as incurred. Depreciation is computed using the straight-line method over the estimated useful lives of the
assets or the respective lease term, whichever is shorter, as follows:</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 49.65pt; text-align: justify">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 49.65pt; text-align: justify">Land&#9;Nil</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 49.65pt; text-align: justify">Land use rights&#9;15 -
50 years</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 49.65pt; text-align: justify">Buildings&#9;5 - 30 year</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 49.65pt; text-align: justify">Machinery
and equipment 5 - 10 years</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 49.65pt; text-align: justify">Motor vehicles&#9;3 - 10
years</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 49.65pt; text-align: justify">Office equipment &#9;3
- 10 years</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">Depreciation expenses
were$6,857, $6,462 and $4,975 for the years ended December 31, 2010, 2011 and 2012, respectively. No depreciation expense is charged
for construction in progress and machinery and equipment under installation.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">Capitalized interest
on construction in progress is added to the cost of the underlying asset and is depreciated over the estimated useful life of the
asset in the same manner as the underlying asset. Interest capitalized for 2011 and 2012 amounted to $9 and $69, respectively.
The capitalized interest was related to and has been included as part of the cost of Ningbo Pacific&#146;s construction in progress.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#9;When property, plant
and equipment are retired, sold or otherwise disposed of, the asset&#146;s carrying amount and related accumulated depreciation
are removed from the accounts and any gain or loss is included in operations.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In 2006, the Company terminated the Ningbo
Pacific joint venture and liquidated its major equipment at the Ningbo Pacific facility. In October 2009, the Company has made
a resolution to acquire anadditional shareholding of Ningbo Pacific from the PRCjoint venture partner. The acquisition was completed
on July 22, 2012. The Company plans to resume manufacturing operation with the newly constructed facilities at the Ningbo Pacific
site in 2013.</p>



<p style="margin: 0pt"></p><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock', window );">Goodwill</a></td>
        <td class="text"><p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Goodwill represents the excess of the cost
of purchased business over the fair value of the underlying net assets acquired. Goodwill, is not amortized, but tested for impairment
at least annually or more frequently if circumstances indicate that impairment may exist. The Company determined it has three reporting
units in which the entire goodwill was allocated to manufactured product segment.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#9;In accordance with ASC 350 <i>&#147;Intangible
&#150; Goodwill and Others&#148;</i>, (&#147;ASC 350&#148;), the Company performs a two-step test to assess goodwill impairment.First,
the Company identifies potential goodwill impairment by comparing the fair value of a reporting unit with its carrying amount,
including goodwill. The Company determines fair value using a discounted cash flow approach and makes reference to the market capitalization
of the Company. If the carrying amount of a reporting unit exceeds its fair value, the second step of the goodwill impairment test
is performed to measure the amount of goodwill impairment loss.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Based on the Company&#146;s assessment
conducted as of December 31, 2011, the Company recognized goodwill impairment charges of $8,791, and the carrying amount was $nil
as of December 31, 2011 and 2012. See note 6 &#150; Goodwill.</p><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentsPolicy', window );">Investments</a></td>
        <td class="text"><p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Management determines the appropriate classification
of its investments at the time of purchase and re-evaluates such designation as of each balance sheet date.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#9;The Company accounts for its investments
in equity securities of privately-held companiesas cost method investment in accordance to ASC 325<i>, &#147;Investments &#150;
Others&#148;</i> as these securities do not have readily determinable fair value.Investments in which the Company does not have
a controlling interest or an ownership voting interest to exert significant influence, and which are not publicly traded are accounted
for at cost.&#9;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#9;The Company accounts for its investments
in debt and equity securities that have readily determinable fair value using ASC 320<i>, &#147;Investments &#150; Debt and Equity
Securities&#148;</i>. Debt securities are classified as held-to-maturity when the Company has the positive intent and ability
to hold the securities to maturity. Held-to-maturity securities are recorded as either short term or long term on the balance sheet,
based on the contractual maturity date and are stated at amortized cost. Equity securities are classified as available-for-sale,
as the Company does not trade in these securities, but rather they are held as longer term investments due to business relationships
with the entities. Available-for-sale securities are carried at fair value,<font style="color: black"> with the unrealized gains
and losses, net of tax, reported in a separate component of shareholders&#146; equity.</font>Realized gains and losses and declines
in values judged to be other-than-temporary on available-for-sale securities are included in investment income. The cost of securities
sold is based on the specific identification method. Interest and dividends on securities classified as available-for-sale are
included in investment income.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Investments in entities in which the Company
can exercise significant influence but does not own a majority equity interest or control are accounted for using the equity method
of accounting under ASC323, <i>&#147;Investments&#151;Equity Method and Joint Ventures&#148; </i>(&#147;ASC323&#148;), and
included as investment in equity investees in the balance sheets. Under the equity method, the Company&#146;s proportionate share
of each equity investee&#146;s net income or loss is included as share of income (losses) of equity investees in the statements
of operations. An investor records its proportionate share of equity adjustments for other comprehensive income (e.g. foreign currency
items, etc) as increase or decrease to the investment account with corresponding adjustment in shareholders&#146;equity. The Company
evaluates investments in equity investees for impairment &#9;under ASC 323-10. Animpairment loss on an investment in equity investee
is recognized in the statements of operations when the decline in value is determined to be other-than-temporary.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#9;A judgmental aspect of accounting for
investments (including investments in equity investees) involves determining whether an other-than-temporary decline in value of
the investment has been sustained. If it has been determined that an investment has sustained an other-than-temporary decline in
its value, the investment is written down to its fair value, by a charge to statement of operations. Such evaluation is dependent
on the specific facts and circumstances. Factors that are considered by the Company in determining whether an other-than-temporary
decline in value has occurred include: the market value of the security in relation to its cost basis; the financial condition
of the investee; and the intent and ability to retain the investment for a sufficient period of time to allow for recovery in the
market value of the investments.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In 2010, 2011 and 2012, the Company recorded
an impairment charge of $346, $niland $nil, respectively, related to certain available-for-sale investments.</p><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock', window );">Impairment of Long-Lived Assets</a></td>
        <td class="text"><p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company accounts for impairment of
long-lived assets in accordance withASC 360<i>, &#147;Property, Plant and Equipment&#148;</i>. Long-lived assets are reviewed
for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable.
In such instances, the Company estimates the undiscounted future cash flows that result from the use of the asset and its ultimate
disposition. If the sum of the undiscounted cash flows is less than the carrying value, the Company recognizes an impairment loss,
measured as the amount by which the&#9;carrying value exceeds the fair value of the asset group, determined principally using discounted
cash flows.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In 2011, the Company recorded an impairment
charge of $25 related to the damage to Siam Pacific&#146;s machinery due to flooding in Thailand. The impairment was included
in the line item, &#147;Charges related to flooding&#148; within operating expenses. See note 15.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In 2012, the Company recorded an impairment
charge of $22 related to the impairment of a factory in Thailand (included in the manufactured products segment) that is not being
used for operation. The impairment charge was recorded to reduce the carrying value of the identified assets to fair values. The
fair values for the year 2012 have been determined based on valuation performed by an accredited independent appraiser. The valuation
has been made on the assumption to sell the property interests on the open market in the neighborhood without the benefit of any
deferred term contract, leaseback, joint venture, management agreement or any similar arrangement which would serve to increase
the value of the property interests.</p><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TradeAndOtherAccountsReceivablePolicy', window );">Account Receivables and allowance for doubtful accounts</a></td>
        <td class="text"><p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Accounts receivables are stated at face
value less any allowance for doubtful accounts.&#160;The Company maintains allowance for doubtful accounts for estimated losses
resulting from the inability of its customers to make the required payments. Management considers the following factors when determining
the collectability of specific customer accounts: customer credit-worthiness, customer financial condition, past transaction history
with the customer, current economic industry trends, and changes in customer payment terms.</p><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LeasePolicyTextBlock', window );">Lease obligations</a></td>
        <td class="text"><p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In accordance with ASC 840, &#147;<i>Leases&#148;</i>,
leases for a lessee are classified at the inception date as either a capital lease or an operating lease. The Company assesses
a lease to be a capital lease if any of the following conditions exist: a) ownership is transferred to the lessee by the end of
the lease term, b) there is a bargain purchase option, c) the lease term is at least 75% of the property&#146;s estimated remaining
economic life or d) the present value of the minimum lease payments at the beginning of the lease term is 90% or more of the fair
value of the leased property to the lessor at the inception date. A capital lease is accounted for as if there was an acquisition
of an asset and an incurrence of an obligation at the inception of the lease. The capitalized lease obligation reflects the present
value of future rental payments, discounted at the appropriate interest rates. The cost of the asset is amortized over the lease
term. However, if ownership is transferred at the end of the lease term, the cost of the asset is amortized as set out above under
property, plant and equipment.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Operating lease expenses are recognized
on a straight-line basis over the applicable lease term.</p><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RevenueRecognitionPolicyTextBlock', window );">Revenue Recognition</a></td>
        <td class="text"><p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Revenue represents the invoiced value of
goods sold, net of value added tax and returns, invoiced value on distribution activities, and service fee income on installation
activities. Revenue is recognized to the extent that it is probable that the economic benefits will flow to the Company and the
revenue can be reliably measured. The following specific recognition criteria must also be met before revenue is recognized.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0">&#9;<i>Sales of manufactured goods and distributed products
</i></p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#9;The Company recognizes revenue from
the sale of manufactured goods and distributed products upon passage of title to the customer that coincides with their delivery
and acceptance. These revenue recognition are recognized in accordance with <i>SEC Staff Accounting Bulletin (SAB) No. 104.</i>
The Company recognizes its revenue of sale of distributed products at gross as the Company is the primary obligor in the transaction.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company classifies shipping and handling
costs incurred within cost of sales.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>&#9;Supply, Delivery and Installation</i></p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company recognizes revenue from installation
activities using the percentage-of-completion method, based on the customer certification of the distance of cable laid with respect
to the estimated total contract revenue, and in accordance with ASC 605-35, &#147;Revenue Recognition-Construction-Type and Production-Type
Contracts&#148;. The timing of revenue recognition of cable sales and installation services are substantially identical.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0">When the current estimates of total contract revenue and contract
cost indicate a loss, a provision for the entire loss on the contract shall be made. The recognition of provision for losses shall
be in the period in which they become evident.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>&#9;Bill-and-hold arrangements</i></p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#9;The Company recognizes revenue of sale
of cables under bill-and-hold arrangements requested by certain customers in Thailand, in accordance with SAB 104.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As at December 31, 2010, 2011 and 2012,
the revenue recognized under bill-and-hold arrangements where the cables were yet delivered was $17.9 million, $5.8 million and
$nil, respectively.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 28.8pt; text-align: justify; text-indent: -28.8pt"><i>Customers&#146;
incentive</i></p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company offers sales incentives in
connection with power cable sales to wholesalers and distributors. These incentives include both rebates offered to customers for
purchasing a certain volume of product during the year and settlement discounts for early payment of sales invoices. However, maximum
amount is recorded if there is no reliable basis to measure a lower expected amount. Both forms of incentives are recognized as
a reduction to gross sales.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For the past five years up to December
31, 2012, customers only claim for rebates and the Company only allows such claims based on the amount to which they are legally
entitled, instead of the potential maximum amount (i.e. amount payable for the highest volume targets) without exceptions. The
Companyreviewed rebate provision balances arising in 2011 and earlier that remained unclaimed as of December 31, 2012. As the policy
has been strictly enforced for the past five years, the Company has established sufficient historical fact pattern to conclude
that the likelihood that such customers will claim and receive the excess above their legal entitlement in the future is remote
and the Companywill continue to strictly enforce the policy. As a result, the wrote back such rebates and accounted for this as
a change in estimate of accrued rebates. The reversal of the accrued rebate amounting to $2,422 in 2012, of $2,116 was related
to 2008 to 2011 accrued rebate.</p><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock', window );">Foreign Currency Translation and Transactions</a></td>
        <td class="text"><p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The functional currency of the Company
is U.S. Dollars and the functional currency of the Company&#146;s international subsidiaries is generally the local currencyor
U.S. Dollars.For these subsidiaries, the Company translates the assets and liabilities at exchange rates in effect at the balance
sheet date and income and expense accounts at average exchange rates during the year. Resultingcurrency translation adjustments
are recorded directly toaccumulated other comprehensive income within shareholders&#146; equity.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Foreign currency transactions are recorded
at the applicable rates of exchange in effect at the transaction dates. Monetary assets and liabilities denominated in foreign
currencies at the balance sheet date are remeasuredat the applicable rates of exchange in effect at that date. Gains and losses
from foreign currency transactions are recorded in the consolidated statements of operations.</p><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ForeignCurrencyDisclosureTextBlock', window );">Foreign Currency Forward Contracts</a></td>
        <td class="text"><p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company recognizes derivative financial
instruments in the consolidated financial statements at fair value regardless of the purposes or intent for holding the instrument.
Changes in the fair value of derivative financial instruments are either recognized periodically in income or in shareholders&#146;
equity as a component of comprehensive income depending on whether the derivative financial instruments qualify for hedge accounting,
and if so, whether they qualify as a fair value or cash flow hedge.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Generally, changes in fair values of derivatives
accounted for as fair value hedges are recorded in income along with the portions of the changes in the fair value of the hedged
items that relate to the hedged risks. Changes in fair value of derivatives accounted for as cash flow hedges, to the extent they
are effective as hedges, are recorded in other comprehensive income net of taxes. Changes in fair value of derivatives used as
hedges of the net investment in foreign operations are reported in other comprehensive income as part of the cumulative translation
adjustment. Changes in fair values of derivatives not qualifying as hedges are reported in the consolidated statements of operations.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">The Company&#146;s subsidiaries
use forward foreign exchange contracts to reduce their exposure to foreign currency risk for liabilities denominated in foreign
currency. A forward foreign exchange contract obligates the Company to exchange predetermined amounts of specified foreign currencies
at specified exchange rates on specified dates or to make an equivalent U.S. dollar payment equal to the value of such exchange.
Realized and unrealized gains and losses on foreign exchange contracts are included as foreign exchange gains or losses in the
consolidated statements of operations as such contracts do not qualify for hedge accounting.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#9;As of December 31,
2011 and 2012, the Company had outstanding forward exchange contracts with notional values of $2,317 and $nil, respectively. The
outstanding forward exchange contracts as of December 31, 2011 matured on January 16, 2012. The Company records these contracts
at fair value with the related gainsof $nil, $64 and $nil, for the years ended December 31, 2010, 2011 and 2012, respectively in
the consolidated statements of operations.</p><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerSharePolicyTextBlock', window );">Earnings (Loss) Per Share</a></td>
        <td class="text"><p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Basic and diluted earnings (loss) per share
are calculated in accordance with ASC 260<i>, &#147;Earnings Per Share&#148;</i>. There are no dilutive equity instruments for
all periods presented.</p><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ComprehensiveIncomePolicyPolicyTextBlock', window );">Comprehensive Income</a></td>
        <td class="text"><p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Comprehensive income (loss) is defined
as the changes in equity of the Company during a period from transactions and other events and circumstances excluding transactions
resulting from investments by owners and distributions to owners. Among other disclosures, ASC 220, Comprehensive Income, requires
that all items that are required to be recognized under current accounting standards as components of comprehensive income (loss)
be reported in a financial statement that is displayed with the same prominence as other financial statements. For each of the
periods presented, the Company&#146;s comprehensive income (loss) includes net income (loss), currency translation adjustment,
defined benefit pension plan and unrealized loss on sales of available-for-sale securities and is presented in the consolidated
statement of operations and comprehensive income (loss). The Company adopted Accounting Standards Update (&#147;ASU&#148;) No.
2011-05 (&#147;ASU 2011-05&#148;), <i>&#147;Comprehensive Income (Topic 220), Presentation of Comprehensive Income&#148;</i>,
in the year ended December 31, 2012 by presenting items of net income (loss) and other comprehensive income (loss) in two separate
statements. Prior years&#146; comparative information has been rearranged to conform to the presentation in accordance with ASU
2011-05.</p><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ContigentLiabilityTextBlock', window );">Contigent Liability</a></td>
        <td class="text"><p style="font: 8pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">When a loss contingency is not both probable and estimable,
the Company does not record an accrued liability but discloses the nature and the amount of the claim, if material. However, if
the loss (or an additional loss in excess of the accrual) is at least reasonably possible, then the Company discloses an estimate
of the loss or range of loss, if such estimate can be made and material, or states that such estimate is immaterial if it can be
estimated but immaterial, or discloses that an estimate cannot be made. The assessments of whether a loss is probable or reasonably
possible, and whether the loss or a range of loss is estimable, often involve complex judgments about future events. Management
is often unable to estimate the loss or a range of loss, particularly where (i) the damages sought are indeterminate,(ii) the proceedings
are in the early stages, or (iii) there is a lack of clear or consistent interpretation of laws specific to the industry-specific
complaints among different&#160;&#160;jurisdictions. In such cases, there is considerable uncertainty regarding the timing or ultimate
resolution of such matters, including eventual loss, fine, penalty or business impact, if any.</p><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementPolicyPolicyTextBlock', window );">Fair Value Measurements</a></td>
        <td class="text"><p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">The Company has adopted
the provisions of ASC 820<i>, &#147;Fair Value Measurements and Disclosures&#148;</i> for financial assets and liabilities. Under
ASC 820,the fair value is defined as the price that would have been received to sell an asset or paid to transfer a liability (i.e.,
the &#147;exit price&#148;) in an orderly transaction between market participants at the measurement date.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">In determining fair value,
the Company uses various valuation approaches. ASC 820 establishes a hierarchy for inputs used in measuring fair value that maximizes
the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used
when available. Observable inputs are inputs that market participants would use in pricing the asset or liability developed based
on market data obtained from sources independent of the Company. Unobservable inputs are inputs that reflect the Company&#146;s
assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information
available in the circumstances. The hierarchy is broken down into three levels based on the observability of inputs as follows:</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 49.5pt; text-align: justify; text-indent: -14.5pt">&#149;
Level 1 - Valuations based on quoted prices in active markets for identical assets that the Company has the ability to access.
Valuation adjustments and block discounts are not applied to Level 1 instruments. Since valuations are based on quoted prices that
are readily and regularly available in an active market, valuation of these products does not entail a significant degree of judgment.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 49.5pt; text-align: justify; text-indent: -14.5pt">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 49.5pt; text-align: justify; text-indent: -14.5pt">&#149;
Level 2 - Valuations based on one or more quoted prices in markets that are not active or for which all significant inputs are
observable, either directly or indirectly.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 49.5pt; text-align: justify; text-indent: -14.5pt">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 49.5pt; text-align: justify; text-indent: -14.5pt">&#149;
Level 3 - Valuations based on unobservable inputs which are supported by little or no market activity and significant to the overall
fair value measurement.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 49.5pt; text-align: justify; text-indent: -14.5pt">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">The availability of observable
inputs can vary from investment to investment and is affected by a wide variety of factors, including, for example, the type of
investment, the liquidity of markets and other characteristics particular to the transaction. To the extent that valuation is based
on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment
and the investments are categorized as Level 3.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0cm">The carrying amounts
of financial instruments, including cash and cash equivalents, bank deposits, accountsreceivable, short-term loans, accountspayable,and
related party balances approximate their fair value due to the short-term maturities of such instruments.</p><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_TreasurySharesPolicyTextBlcok', window );">Treasury Shares</a></td>
        <td class="text"><p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On August 28, 2012 the Company's board
of directors authorized a share capital repurchase program for its common shares over the next twelve months. The Company repurchases
its common shares from time to time in the open market and holds such shares as treasury stock. The Company applies the &#147;cost
method&#148; and presents the cost to repurchase such shares as a reduction in shareholders&#146; equity in accordance with ASC
505-30, <i>&#147;Treasury Stock&#148;</i>. During the year ended December 31, 2012, the Company repurchased a net total of 1,900
shares of common shares and the total cost is $6.Except for the shares repurchased as described above, there were no movements
in the number of outstanding shares for all years presented.</p><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock', window );">Recent Pronouncements</a></td>
        <td class="text"><p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In February 2013, the Financial Accounting
Standards Board issued ASU No. 2013-02, &#147;<i>Comprehensive Income (Topic 220)&#148;</i> (&#147;ASU 2013-02&#148;) to improve
the reporting of reclassifications out of accumulated other comprehensive income (&#147;AOCI&#148;). This ASU sets requirements
for presentation for significant items reclassified to net income in their entirety during the period and for items not reclassified
to net income in their entirety during the period. It requires companies to present information about reclassifications out of
accumulated other comprehensive income AOCI in one place and to present reclassifications by component when reporting changes in
AOCI balances. The modifications to ASC 220 &#147;<i>Comprehensive Income</i>&#148;resulting from the issuance of ASU 2013-02
are effective for fiscal years beginning after December 15, 2012 and interim periods within those years. Early adoption is permitted.
The adoption of ASU 2013-02 on January 1, 2013 is not expected to have a material impact on the Company&#146;s consolidated financial
statements.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In March 2013, the Financial
Accounting Standards Board issued ASU No. 2013-05, &#147;<i>Foreign Currency Matters (Topic 830)&#148;</i>(&#147;ASU
2013-05&#148;) Parent&#146;s Accounting for the
Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets with in a
Foreign Entity or ofan Investment in a Foreign Entity . This ASU specifies that a cumulative translation adjustment
(&#147;CTA&#148;) should be released into earnings when an entity ceases to have a controlling financial interest in a
subsidiary or group of assets within a consolidated foreign entity and the sale or transfer results in the complete or
substantially complete liquidation of the foreign entity. For sales of an equity method investment that is a foreign entity,
a pro rata portion of CTA attributable to the investment would be recognized in earnings upon sale of the investment. When an
entity sells either a part or all of its investment in a consolidated foreign entity, CTA would be recognized in earnings
only if the sale results in the parent no longer having a controlling financial interest in the foreign entity. CTA would be
recognized in earnings in a business combination achieved in stages (i.e., a step acquisition). The adoption of ASU 2013-05
on January 1, 2014 is not expected to have a material impact on the Company&#146;s consolidated financial statements.</p><span></span></td>
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                <p>No authoritative reference available.</p>
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                <p>No definition available.</p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for cash and cash equivalents, including the policy for determining which items are treated as cash equivalents. Other information that may be disclosed includes (1) the nature of any restrictions on the entity's use of its cash and cash equivalents, (2) whether the entity's cash and cash equivalents are insured or expose the entity to credit risk, (3) the classification of any negative balance accounts (overdrafts), and (4) the carrying basis of cash equivalents (for example, at cost) and whether the carrying amount of cash equivalents approximates fair value.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Financial Reporting Release (FRR)<br><br> -Number 203<br><br> -Paragraph 02-03<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Cash<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6506951<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Cash Equivalents<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6507016<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 7, 8, 9, 10<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Technical Practice Aid (TPA)<br><br> -Number 2110<br><br> -Paragraph 6<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 1<br><br> -Article 5<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367179&amp;loc=d3e4273-108586<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 305<br><br> -SubTopic 10<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2122427<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CashAndCashEquivalentsPolicyTextBlock</nobr></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for comprehensive income.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy regarding (1) the principles it follows in consolidating or combining the separate financial statements, including the principles followed in determining the inclusion or exclusion of subsidiaries or other entities in the consolidated or combined financial statements and (2) its treatment of interests (for example, common stock, a partnership interest or other means of exerting influence) in other entities, for example consolidation or use of the equity or cost methods of accounting.  The accounting policy may also address the accounting treatment for intercompany accounts and transactions, noncontrolling interest, and the income statement treatment in consolidation for issuances of stock by a subsidiary.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2197480<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 325<br><br> -SubTopic 20<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2197087<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 18<br><br> -Paragraph 20<br><br> -Subparagraph a(2)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 2-6<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  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This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 17: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 18: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02, 03<br><br> -Article 3A<br><br><br><br>Reference 19: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Emerging Issues Task Force (EITF)<br><br> -Number 97-2<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ConsolidationPolicyTextBlock</nobr></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for computing basic and diluted earnings or loss per share for each class of common stock and participating security. Addresses all significant policy factors, including any antidilutive items that have been excluded from the computation and takes into account stock dividends, splits and reverse splits that occur after the balance sheet date of the latest reporting period but before the issuance of the financial statements.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 128<br><br> -Paragraph 40<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3630-109257<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 128<br><br> -Paragraph 6, 8-16, 60<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2144384<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_EarningsPerSharePolicyTextBlock</nobr></td>
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                  <tr>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for the equity method of accounting for investments in common stock or other interests including unconsolidated subsidiaries, corporate joint ventures, noncontrolling interests in real estate ventures, limited partnerships, and limited liability companies. The accounting policy may include information such as: (1) initially recording an investment in the stock of an investee at cost; (2) adjusting the carrying amount of the investment to recognize the investor's share of the earnings or losses of the investee after the date of acquisition; and (3) adjustments to reflect the investor's share of changes in the investee's capital (dividends). This disclosure may also include a detailed description of the policy for determining the amount of equity method losses recognized after an investment has been reduced to zero as a result of previous losses, reasons for not using the equity method when the investor company owns 20 percent or more of the voting stock of the investee's company (including identification of the significant investee), reasons for using the equity method when the ownership percentage is less than 20 percent, and discussion of recognition of equity method losses when an investor's total investment in an investee includes, in addition to an investment in common stock, other investments such as preferred stock and loans to the investee. An entity also may describe how such investments are assessed for impairment.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 323<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (a)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6382943&amp;loc=d3e33918-111571<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Emerging Issues Task Force (EITF)<br><br> -Number D-46<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.12)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Emerging Issues Task Force (EITF)<br><br> -Number 02-14<br><br> -Paragraph 6<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Emerging Issues Task Force (EITF)<br><br> -Number 03-16<br><br> -Paragraph 5<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 323<br><br> -SubTopic 10<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2196966<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Emerging Issues Task Force (EITF)<br><br> -Number 98-13<br><br> -Paragraph 5, 15<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 18<br><br> -Paragraph 5, 6, 16-20<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Emerging Issues Task Force (EITF)<br><br> -Number 99-10<br><br> -Paragraph 6, 7<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 11: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 28<br><br> -Subparagraph (f)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6957238&amp;loc=d3e14064-108612<br><br><br><br>Reference 12: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 12<br><br> -Article 5<br><br><br><br>Reference 13: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 159<br><br> -Paragraph 18<br><br> -Subparagraph f<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_EquityMethodInvestmentsPolicy</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for fair value measurements, which may include, but is not limited to, how an entity that manages a group of financial assets and liabilities on the basis of its net exposure measures the fair value of those assets and liabilities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 35<br><br> -Paragraph 18G<br><br> -URI http://asc.fasb.org/extlink&amp;oid=15229074&amp;loc=SL7494712-110257<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_FairValueMeasurementPolicyPolicyTextBlock</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
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                    <td><strong> Period Type:</strong></td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for foreign currency transactions and translation. This may include description of foreign currency transactions, foreign currency gains and losses, explanation of change in cumulative translation adjustment, description of effect of subsequent foreign currency exchange rate change, cumulative translation adjustment movement, foreign currency translation adjustment by component movement, translation adjustment for net investment hedge movement, adjustment for long-term intercompany transactions, schedule of long-term intercompany balances and any other foreign currency transactions and translation related items.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 30<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6450520&amp;loc=d3e32618-110901<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6450222&amp;loc=d3e30857-110895<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6450189&amp;loc=d3e30690-110894<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 18<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6915805&amp;loc=d3e32157-110900<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 52<br><br> -Paragraph 30, 31, 32<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6450189&amp;loc=d3e30700-110894<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6450222&amp;loc=d3e30840-110895<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 20<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6915805&amp;loc=d3e32211-110900<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ForeignCurrencyDisclosureTextBlock</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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        <tr>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for (1) transactions denominated in a currency other than the reporting enterprise's functional currency, (2) translating foreign currency financial statements that are incorporated into the financial statements of the reporting enterprise by consolidation, combination, or the equity method of accounting, and (3) remeasurement of the financial statements of a foreign reporting enterprise in a hyperinflationary economy.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 30<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2175892<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 52<br><br> -Paragraph 5, 7-20, 80<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 20<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2175856<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 10<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2175826<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for goodwill and intangible assets. This accounting policy also may address how an entity assesses and measures impairment of goodwill and intangible assets.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 350<br><br> -SubTopic 20<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2144439<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 142<br><br> -Paragraph 4, 11-23, 26, 34<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 350<br><br> -SubTopic 30<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2144471<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 144<br><br> -Paragraph 7-18, 22<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for recognizing and measuring the impairment of long-lived assets. An entity also may disclose its accounting policy for long-lived assets to be sold. This policy excludes goodwill and intangible assets.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 144<br><br> -Paragraph 7-15, 26, 30-37<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 5<br><br> -Section CC<br><br> -Subsection 3<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 360<br><br> -SubTopic 10<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2155824<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for income taxes, which may include its accounting policies for recognizing and measuring deferred tax assets and liabilities and related valuation allowances, recognizing investment tax credits, operating loss carryforwards, tax credit carryforwards, and other carryforwards, methodologies for determining its effective income tax rate and the characterization of interest and penalties in the financial statements.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 17<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32809-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Interpretation (FIN)<br><br> -Number 48<br><br> -Paragraph 20<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 25<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e32247-109318<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 4<br><br> -Paragraph 11<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 19<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32840-109319<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 6-34, 43, 47, 49<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e32280-109318<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 954<br><br> -SubTopic 740<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6491622&amp;loc=d3e9504-115650<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 30<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2144749<br><br><br><br>Reference 11: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2144681<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for major classes of inventories, bases of stating inventories (for example, lower of cost or market), methods by which amounts are added and removed from inventory classes (for example, FIFO, LIFO, or average cost), loss recognition on impairment of inventories, and situations in which inventories are stated above cost. If inventory is carried at cost, this disclosure includes the nature of the cost elements included in inventory.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 330<br><br> -SubTopic 10<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2126999<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Financial Reporting Release (FRR)<br><br> -Number 206<br><br> -Paragraph b<br><br> -Subparagraph i, ii<br><br> -Chapter 2<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 6<br><br> -Subparagraph a<br><br> -Article 5<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 43<br><br> -Paragraph 3, 5-10, 15, 16, 17<br><br> -Chapter 4<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6361739&amp;loc=d3e7789-107766<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Statement of Position (SOP)<br><br> -Number 81-1<br><br> -Paragraph 69-75<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 330<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6386783&amp;loc=d3e4556-108314<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.6(b))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 43<br><br> -Section A<br><br> -Paragraph 9<br><br> -Chapter 3<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 11: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 330<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6386783&amp;loc=d3e4492-108314<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_InventoryPolicyTextBlock</nobr></td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for leasing arrangements (both lessor and lessee). This disclosure may address (1) lease classification (that is, operating versus capital), (2) how the term of a lease is determined (for example, the circumstances in which a renewal option is considered part of the lease term), (3) how rental revenue or expense is recognized for a lease that contains rent escalations, (4) an entity's accounting treatment for deferred rent, including that which arises from lease incentives, rent abatements, rent holidays, or tenant allowances (5) an entity's accounting treatment for contingent rental payments and (6) an entity's policy for reviewing, at least annually, the residual values of sales-type and direct-finance leases. The disclosure also may indicate how the entity accounts for its capital leases, leveraged leases or sale-leaseback transactions.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 840<br><br> -SubTopic 20<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2208979<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 13<br><br> -Paragraph 6, 7-15, 17, 18, 19, 32, 34, 43-47<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 34<br><br> -Paragraph 1<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 840<br><br> -SubTopic 40<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2209073<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 840<br><br> -SubTopic 30<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2209026<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 98<br><br> -Paragraph 7<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of the adoption of new accounting pronouncements that may impact the entity's financial reporting.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for property, plant and equipment which may include the basis of such assets, depreciation methods used and estimated useful lives, the entity's capitalization policy, including its accounting treatment for costs incurred for repairs and maintenance activities, whether such asset balances include capitalized interest and the method by which such is calculated, how disposals of such assets are accounted for and how impairment of such assets is assessed and recognized.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.13(a))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 360<br><br> -SubTopic 10<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2155824<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 22<br><br> -Paragraph 12, 13<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 34<br><br> -Paragraph 8, 9<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 13<br><br> -Subparagraph a<br><br> -Article 5<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 12<br><br> -Paragraph 5<br><br> -Subparagraph d<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 43<br><br> -Section C<br><br> -Paragraph 5<br><br> -Chapter 9<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 144<br><br> -Paragraph 7<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for revenue recognition. If the entity has different policies for different types of revenue transactions, the policy for each material type of transaction is generally disclosed. If a sales transaction has multiple element arrangements (for example, delivery of multiple products, services or the rights to use assets) the disclosure may indicate the accounting policy for each unit of accounting as well as how units of accounting are determined and valued. The disclosure may encompass important judgment as to appropriateness of principles related to recognition of revenue. The disclosure also may indicate the entity's treatment of any unearned or deferred revenue that arises from the transaction.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 605<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SAB TOPIC 13.B.Q1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6600647&amp;loc=d3e214044-122780<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 22<br><br> -Paragraph 8, 12, 13<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18823-107790<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18726-107790<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 13<br><br> -Section B<br><br> -Paragraph Question 1<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for trade and other accounts receivables. This disclosure may include the basis at which such receivables are carried in the entity's statements of financial position (for example, net realizable value), how the entity determines the level of its allowance for doubtful accounts, when impairments, charge-offs or recoveries are recognized, and the entity's income recognition policies for such receivables, including its treatment of related fees and costs, its treatment of premiums, discounts or unearned income, when accrual of interest is discontinued, how the entity records payments received on nonaccrual receivables and its policy for resuming accrual of interest on such receivables.  If the enterprise holds a large number of similar loans, disclosure may include the accounting policy for the anticipation of prepayments and significant assumptions underlying prepayment estimates for amortization of premiums, discounts, and nonrefundable fees and costs.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 310<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7512638&amp;loc=d3e5093-111524<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 310<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6378556&amp;loc=d3e10133-111534<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 310<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 15<br><br> -Subparagraph (d)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7512638&amp;loc=d3e5212-111524<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 3, 4<br><br> -Article 5<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Statement of Position (SOP)<br><br> -Number 01-6<br><br> -Paragraph 13<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for the use of estimates in the preparation of financial statements in conformity with generally accepted accounting principles.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Statement of Position (SOP)<br><br> -Number 94-6<br><br> -Paragraph 11, 14<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 275<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6927468&amp;loc=d3e6143-108592<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 275<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6927468&amp;loc=d3e6132-108592<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 275<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6927468&amp;loc=d3e6061-108592<br><br><br><br></p>
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          <div style="width: 200px;"><strong>Note 1 - ORGANIZATION AND PRINCIPAL ACTIVITIES (Tables)<br></strong></div>
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    <td nowrap="nowrap">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
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    <td>&#160;</td>
    <td>&#160;</td>
    <td nowrap="nowrap">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
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    <td>&#160;</td>
    <td>&#160;</td>
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<tr style="vertical-align: bottom; background-color: white">
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    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
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    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td nowrap="nowrap">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
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    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
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    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td nowrap="nowrap">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td nowrap="nowrap">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
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    <td>&#160;</td>
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td nowrap="nowrap">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td nowrap="nowrap">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: white">
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    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td nowrap="nowrap">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td nowrap="nowrap">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
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    <td>&#160;</td>
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<tr style="vertical-align: bottom; background-color: white">
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    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td nowrap="nowrap">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td nowrap="nowrap">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
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    <td>&#160;</td>
    <td>&#160;</td>
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<tr style="vertical-align: bottom; background-color: white">
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td nowrap="nowrap">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td nowrap="nowrap">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
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    <td>&#160;</td>
    <td>&#160;</td>
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<tr style="vertical-align: bottom; background-color: white">
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td nowrap="nowrap">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td nowrap="nowrap">&#160;</td></tr>
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    <td>&#160;</td>
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    <td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">%</font></td></tr>
<tr style="vertical-align: bottom; background-color: white">
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td nowrap="nowrap">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td nowrap="nowrap">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
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    <td>&#160;</td>
    <td>&#160;</td>
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    <td>&#160;</td>
    <td>&#160;</td>
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</table>
<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0">* Charoong Thai is listed on the Stock Exchange of Thailand
and is engaged in the manufacturing of wire and cable products for the power and telecommunications industries in Thailand.</p>

<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0">ii) The equity investees of the Company are set out below:</p>



<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"></p>

<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0"></p>

<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%">
<tr style="vertical-align: bottom">
    <td style="font: bold 8pt/115% Times New Roman, Times, Serif; text-decoration: underline"><font style="font: 8pt Times New Roman, Times, Serif"><b><u>Place of incorporation and operations</u></b></font></td>
    <td style="padding-bottom: 1.05pt">&#160;</td>
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        <p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Percentage of</b></p>
        <p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><b>equity interest</b></p>
        <p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><b>As of December 31,</b></p></td>
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<tr style="vertical-align: bottom">
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    <td style="padding-bottom: 1.05pt">&#160;</td>
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    <td style="padding-bottom: 1.05pt">&#160;</td>
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<tr style="vertical-align: bottom">
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    <td nowrap="nowrap">&#160;</td>
    <td>&#160;</td>
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    <td nowrap="nowrap">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td>&#160;</td>
    <td>&#160;</td>
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    <td nowrap="nowrap">&#160;</td>
    <td>&#160;</td>
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    <td nowrap="nowrap">&#160;</td></tr>
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    <td style="width: 1%">&#160;</td>
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    <td style="width: 1%">&#160;</td>
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<tr style="vertical-align: bottom; background-color: white">
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td nowrap="nowrap">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
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    <td>&#160;</td>
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    <td>&#160;</td>
    <td>&#160;</td>
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    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td nowrap="nowrap">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td nowrap="nowrap">&#160;</td></tr>
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    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td nowrap="nowrap">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td nowrap="nowrap">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: white">
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td nowrap="nowrap">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td nowrap="nowrap">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
    <td style="font: 8pt/115% Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">Siam Pacific Holding Company Limited (&#147;SPHC&#148;)</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">49.00</font></td>
    <td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">%</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">49.00</font></td>
    <td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">%</font></td></tr>
<tr style="vertical-align: bottom; background-color: white">
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td nowrap="nowrap">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td nowrap="nowrap">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
    <td style="font: 8pt/115% Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">Loxley Pacific Co., Ltd. (&#147;Lox Pac&#148;)</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">21.39</font></td>
    <td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">%</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="font: 8pt/115% Times New Roman, Times, Serif; text-align: right"><font style="font: 8pt Times New Roman, Times, Serif">21.39</font></td>
    <td nowrap="nowrap" style="font: 8pt/115% Times New Roman, Times, Serif"><font style="font: 8pt Times New Roman, Times, Serif">%</font></td></tr>
</table>
<p style="font: 8pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&#160;</p><span></span></td>
      </tr>
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        <tr>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
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                  <tr>
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        <tr>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>53
<FILENAME>R8.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0E1EAI">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2010</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract', window );"><strong>Operating activities:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProfitLoss', window );">Net income (loss)</a></td>
        <td class="nump">$ 18,910<span></span></td>
        <td class="num">$ (3,084)<span></span></td>
        <td class="nump">$ 25,387<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract', window );"><strong>Adjustments to reconcile net income (loss) to net cash provided (used in) provided by operating activities:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainLossOnSaleOfPropertyPlantEquipment', window );">Gain on disposal of property, plant and equipment</a></td>
        <td class="num">(114)<span></span></td>
        <td class="num">(158)<span></span></td>
        <td class="num">(93)<span></span></td>
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      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableforsaleSecuritiesTransfersToTradingGainsLossesExcludingOtherThanTemporaryImpairments', window );">Loss on disposal of available-for-sale securities</a></td>
        <td class="nump">0<span></span></td>
        <td class="nump">68<span></span></td>
        <td class="nump">0<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Depreciation', window );">Depreciation</a></td>
        <td class="nump">4,975<span></span></td>
        <td class="nump">6,462<span></span></td>
        <td class="nump">6,857<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredIncomeTaxExpenseBenefit', window );">Deferred income taxes</a></td>
        <td class="nump">1,264<span></span></td>
        <td class="num">(2,273)<span></span></td>
        <td class="num">(213)<span></span></td>
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      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_RecoveryForDoubtfulAccounts', window );">Recovery for doubtful accounts</a></td>
        <td class="num">(720)<span></span></td>
        <td class="num">(1,555)<span></span></td>
        <td class="num">(1,317)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_InventoryImpairment', window );">Inventory impairment</a></td>
        <td class="num">(4,804)<span></span></td>
        <td class="nump">1,993<span></span></td>
        <td class="num">(1,974)<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromEquityMethodInvestments', window );">Share of net loss of equity investees</a></td>
        <td class="nump">21<span></span></td>
        <td class="nump">58<span></span></td>
        <td class="nump">21<span></span></td>
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      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ImpairmentOfLongLivedAssetsHeldForUse', window );">Impairment of long-lived assets</a></td>
        <td class="nump">22<span></span></td>
        <td class="nump">0<span></span></td>
        <td class="nump">0<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ImpairmentOfInvestments', window );">Impairment of investments</a></td>
        <td class="nump">0<span></span></td>
        <td class="nump">0<span></span></td>
        <td class="nump">346<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GoodwillImpairmentLoss', window );">Impairment of goodwill</a></td>
        <td class="nump">0<span></span></td>
        <td class="nump">8,791<span></span></td>
        <td class="nump">0<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax', window );">Gain on disposal of a subsidiary</a></td>
        <td class="nump">0<span></span></td>
        <td class="num">(1,962)<span></span></td>
        <td class="nump">0<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PensionContributions', window );">Pension liability adjustments</a></td>
        <td class="nump">144<span></span></td>
        <td class="nump">1<span></span></td>
        <td class="nump">14<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ForeignCurrencyTransactionGainLossUnrealized', window );">Unrealized foreign exchange difference, net</a></td>
        <td class="nump">26<span></span></td>
        <td class="nump">974<span></span></td>
        <td class="num">(284)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingIncomeLoss', window );">Noncash other income</a></td>
        <td class="num">(519)<span></span></td>
        <td class="nump">0<span></span></td>
        <td class="nump">0<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract', window );"><strong>Changes in operating assets and liabilities</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInAccountsReceivable', window );">Accounts receivable, net</a></td>
        <td class="num">(23,103)<span></span></td>
        <td class="nump">34,052<span></span></td>
        <td class="num">(31,779)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInInventories', window );">Inventories</a></td>
        <td class="num">(12,022)<span></span></td>
        <td class="num">(5,539)<span></span></td>
        <td class="num">(8,595)<span></span></td>
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      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInOtherCurrentAssets', window );">Prepaid expenses and other current assets</a></td>
        <td class="nump">3,082<span></span></td>
        <td class="num">(7,508)<span></span></td>
        <td class="num">(1,510)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInDueToRelatedPartiesCurrent', window );">Amounts due to/from related parties</a></td>
        <td class="num">(2,102)<span></span></td>
        <td class="nump">580<span></span></td>
        <td class="num">(4,026)<span></span></td>
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      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInOtherNoncurrentAssets', window );">Other long term assets</a></td>
        <td class="nump">477<span></span></td>
        <td class="num">(343)<span></span></td>
        <td class="nump">1,165<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities', window );">Accounts payable, accrued expenses, other current liabilities and other non-current liabilities</a></td>
        <td class="nump">26,111<span></span></td>
        <td class="num">(7,933)<span></span></td>
        <td class="nump">13,365<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInOperatingActivities', window );">Net cash provided by (used in) operating activities</a></td>
        <td class="nump">11,648<span></span></td>
        <td class="nump">22,624<span></span></td>
        <td class="num">(2,636)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract', window );"><strong>Investing activities:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_PlacementOfUnrestrictedShorttermBankDepositsToFinancialInstitutions', window );">Placement of unrestricted short-term bank deposits to financial institutions</a></td>
        <td class="num">(3,542)<span></span></td>
        <td class="num">(2,625)<span></span></td>
        <td class="nump">0<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_PlacementOfRestrictedShorttermBankDepositsToFinancialInstitutions', window );">Placement of restricted short-term bank deposits to financial institutions</a></td>
        <td class="num">(2,608)<span></span></td>
        <td class="num">(13,906)<span></span></td>
        <td class="num">(12,638)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_MaturityOfRestrictedShorttermBankDepositsFromFinancialInstitutions', window );">Maturity of restricted short-term bank deposits from financial institutions</a></td>
        <td class="nump">3,897<span></span></td>
        <td class="nump">11,326<span></span></td>
        <td class="nump">9,696<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_PurchaseOfFinancialInstruments', window );">Purchases of held-to-maturity securities</a></td>
        <td class="num">(2,738)<span></span></td>
        <td class="nump">0<span></span></td>
        <td class="nump">0<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment', window );">Purchases of property, plant and equipment</a></td>
        <td class="num">(10,937)<span></span></td>
        <td class="num">(8,888)<span></span></td>
        <td class="num">(3,653)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities', window );">Proceed from disposal of an available-for-sale securities</a></td>
        <td class="nump">0<span></span></td>
        <td class="nump">24<span></span></td>
        <td class="nump">0<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment', window );">Proceeds from disposal of property, plant and equipment</a></td>
        <td class="nump">173<span></span></td>
        <td class="nump">165<span></span></td>
        <td class="nump">147<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInInvestingActivities', window );">Net cash used in investing activities</a></td>
        <td class="num">(15,755)<span></span></td>
        <td class="num">(13,904)<span></span></td>
        <td class="num">(6,448)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract', window );"><strong>Financing activities:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsOfDividends', window );">Dividend paid to noncontrolling shareholders of subsidiaries</a></td>
        <td class="num">(3,067)<span></span></td>
        <td class="num">(3,195)<span></span></td>
        <td class="nump">0<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RepaymentsOfBankDebt', window );">Repayments of bank loans</a></td>
        <td class="num">(6,000)<span></span></td>
        <td class="num">(22,503)<span></span></td>
        <td class="num">(19,608)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromBankDebt', window );">Proceeds from bank loans</a></td>
        <td class="nump">9,888<span></span></td>
        <td class="nump">31,319<span></span></td>
        <td class="nump">46,021<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ShareCapitalRepurchase', window );">Share buy-back</a></td>
        <td class="num">(6)<span></span></td>
        <td class="nump">0<span></span></td>
        <td class="nump">0<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_AcquisitionOfNoncontrollingInterest', window );">Acquisition of noncontrolling interests</a></td>
        <td class="num">(877)<span></span></td>
        <td class="nump">0<span></span></td>
        <td class="nump">0<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInFinancingActivities', window );">Net cash (used in) provided by financing activities</a></td>
        <td class="num">(62)<span></span></td>
        <td class="nump">5,621<span></span></td>
        <td class="nump">26,413<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents', window );">Effect of exchange rate changes on cash and cash equivalents</a></td>
        <td class="nump">313<span></span></td>
        <td class="num">(886)<span></span></td>
        <td class="nump">4,354<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease', window );">Net increase (decrease) in cash and cash equivalents</a></td>
        <td class="num">(3,856)<span></span></td>
        <td class="nump">13,455<span></span></td>
        <td class="nump">21,683<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and cash equivalents at beginning of year</a></td>
        <td class="nump">76,672<span></span></td>
        <td class="nump">63,217<span></span></td>
        <td class="nump">41,534<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and cash equivalents at end of year</a></td>
        <td class="nump">72,816<span></span></td>
        <td class="nump">76,672<span></span></td>
        <td class="nump">63,217<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SupplementalCashFlowInformationAbstract', window );"><strong>Supplemental disclosure of cash flow information:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestPaid', window );">Cash paid for interest</a></td>
        <td class="nump">1,704<span></span></td>
        <td class="nump">1,861<span></span></td>
        <td class="nump">2,056<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxesPaidNet', window );">Cash paid for income taxes</a></td>
        <td class="nump">$ 4,829<span></span></td>
        <td class="nump">$ 7,412<span></span></td>
        <td class="nump">$ 3,547<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_AcquisitionOfNoncontrollingInterest">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Cost of Sales, Sales, delivery and installation of wires and cables</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_AcquisitionOfNoncontrollingInterest</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_InventoryImpairment">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Inventory impairment</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_InventoryImpairment</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_MaturityOfRestrictedShorttermBankDepositsFromFinancialInstitutions">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_MaturityOfRestrictedShorttermBankDepositsFromFinancialInstitutions</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_PlacementOfRestrictedShorttermBankDepositsToFinancialInstitutions">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_PlacementOfRestrictedShorttermBankDepositsToFinancialInstitutions</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_PlacementOfUnrestrictedShorttermBankDepositsToFinancialInstitutions">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_PlacementOfUnrestrictedShorttermBankDepositsToFinancialInstitutions</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_PurchaseOfFinancialInstruments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_PurchaseOfFinancialInstruments</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_RecoveryForDoubtfulAccounts">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Recovery for doubtful accounts</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_RecoveryForDoubtfulAccounts</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_ShareCapitalRepurchase">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_ShareCapitalRepurchase</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableforsaleSecuritiesTransfersToTradingGainsLossesExcludingOtherThanTemporaryImpairments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents the difference between the gross amount of gains (losses) included in earnings for transfers of securities from the available-for-sale category into the trading category. Such net gain (loss) included in earnings represents the net unrealized gain (loss) which had been included in other comprehensive income and is associated with the securities transferred from the available-for-sale category to the trading category, excluding other than temporary impairments (OTTI) recognized in other comprehensive income.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 115<br><br> -Paragraph 21<br><br> -Subparagraph d<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AvailableforsaleSecuritiesTransfersToTradingGainsLossesExcludingOtherThanTemporaryImpairments</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsAtCarryingValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 1<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6361293&amp;loc=d3e6676-107765<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Cash Equivalents<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6507016<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 8, 9<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 7, 26<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Cash<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6506951<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3044-108585<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 7<br><br> -Footnote 1<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 1<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CashAndCashEquivalentsAtCarryingValue</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 24<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3521-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 26<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredIncomeTaxExpenseBenefit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The component of income tax expense for the period representing the increase (decrease) in the entity's deferred tax assets and liabilities pertaining to continuing operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 289<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 45<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SAB TOPIC 6.I.7)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6889476&amp;loc=d3e330036-122817<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32639-109319<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Deferred Tax Expense (or Benefit)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6510177<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph h<br><br> -Article 4<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(h))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6881521&amp;loc=d3e23780-122690<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 6<br><br> -Section I<br><br> -Subsection 7<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DeferredIncomeTaxExpenseBenefit</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Depreciation">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 12<br><br> -Paragraph 5<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_Depreciation</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of gain (loss), before tax expense or benefit and not previously recognized, resulting from the sale of a business component.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 144<br><br> -Paragraph 47<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 205<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6892542&amp;loc=d3e957-107759<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 144<br><br> -Paragraph 43<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 205<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6360339&amp;loc=d3e1361-107760<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The effect of exchange rate changes on cash balances held in foreign currencies.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 230<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6450594&amp;loc=d3e33268-110906<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 25<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ForeignCurrencyTransactionGainLossUnrealized">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The aggregate unrealized foreign currency transaction gain (loss) (pretax) included in determining net income for the reporting period. Represents the aggregate of gains (losses) on transactions that are unsettled as of the balance sheet date, which is therefore an adjustment to reconcile income (loss) from continuing operations to net cash provided by or used in continuing operations. Excludes foreign currency transactions designated as hedges of net investment in a foreign entity and intercompany foreign currency transactions that are of a long-term nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting entity's financial statements. For certain entities, primarily banks, that are dealers in foreign exchange, foreign currency transaction gains (losses) may be disclosed as dealer gains (losses).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6450222&amp;loc=d3e30840-110895<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6450189&amp;loc=d3e30700-110894<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 52<br><br> -Paragraph 30<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6450189&amp;loc=d3e30690-110894<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ForeignCurrencyTransactionGainLossUnrealized</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GainLossOnSaleOfPropertyPlantEquipment">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The difference between the sale price or salvage price and the book value of a property, plant, and equipment asset that was sold or retired during the reporting period. This element refers to the gain (loss).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_GainLossOnSaleOfPropertyPlantEquipment</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GoodwillImpairmentLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Loss recognized during the period that results from the write-down of goodwill after comparing the implied fair value of reporting unit goodwill with the carrying amount of that goodwill. Goodwill is assessed at least annually for impairment.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 350<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (e)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=14024403&amp;loc=d3e13816-109267<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 142<br><br> -Paragraph 43<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 141R<br><br> -Paragraph 72<br><br> -Subparagraph d<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 142<br><br> -Paragraph 45<br><br> -Subparagraph e<br><br> -Clause 5<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 142<br><br> -Paragraph 20<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 142<br><br> -Paragraph 47<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 350<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=14024403&amp;loc=d3e13854-109267<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 350<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6388280&amp;loc=d3e13777-109266<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_GoodwillImpairmentLoss</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ImpairmentOfInvestments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount by which the fair value of an investment is less than the amortized cost basis or carrying amount of that investment at the balance sheet date and the decline in fair value is deemed to be other than temporary, before considering whether or not such amount is recognized in earnings or other comprehensive income.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Staff Position (FSP)<br><br> -Number FAS115-1/124-1<br><br> -Paragraph 15C<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 35<br><br> -Paragraph 34<br><br> -URI http://asc.fasb.org/extlink&amp;oid=16383099&amp;loc=d3e25351-111560<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 115<br><br> -Paragraph 16<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Staff Position (FSP)<br><br> -Number FAS115-1/124-1<br><br> -Paragraph 16B<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Staff Position (FSP)<br><br> -Number FAS115-1/124-1<br><br> -Paragraph 15D<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Staff Position (FSP)<br><br> -Number FAS115-2/124-2<br><br> -Paragraph 22<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ImpairmentOfInvestments</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ImpairmentOfLongLivedAssetsHeldForUse">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The aggregate amount of write-downs for impairments recognized during the period for long lived assets held for use (including those held for disposal by means other than sale).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 144<br><br> -Paragraph 26<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 958<br><br> -SubTopic 225<br><br> -Section 45<br><br> -Paragraph 11<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6743430&amp;loc=d3e92212-112881<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Impairment<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6515133<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 360<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8077374&amp;loc=d3e2420-110228<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 360<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6391110&amp;loc=d3e2921-110230<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 144<br><br> -Paragraph 7, 25<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ImpairmentOfLongLivedAssetsHeldForUse</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromEquityMethodInvestments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.12)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 9<br><br> -Article 5<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 11<br><br> -Article 7<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 323<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=16385135&amp;loc=d3e33749-111570<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 18<br><br> -Paragraph 6<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 18<br><br> -Paragraph 19<br><br> -Subparagraph c<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncomeLossFromEquityMethodInvestments</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxesPaidNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income, net of any cash received during the current period as refunds for the overpayment of taxes.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367179&amp;loc=d3e4297-108586<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 29<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 27<br><br> -Subparagraph f<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncomeTaxesPaidNet</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) during the reporting period in the amounts payable to vendors for goods and services received and the amount of obligations and expenses incurred but not paid.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInAccountsReceivable">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncreaseDecreaseInAccountsReceivable</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInDueToRelatedPartiesCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) during the reporting period in the aggregate amount of obligations to be paid to the following types of related parties: a parent company and its subsidiaries; subsidiaries of a common parent; an entity and trust for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of the entities' management; an entity and its principal owners, management, or member of their immediate families, affiliates, or other parties with the ability to exert significant influence.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncreaseDecreaseInDueToRelatedPartiesCurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInInventories">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncreaseDecreaseInInventories</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncreaseDecreaseInOperatingCapitalAbstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInOtherCurrentAssets">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) during the reporting period in other current operating assets not separately disclosed in the statement of cash flows.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncreaseDecreaseInOtherCurrentAssets</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInOtherNoncurrentAssets">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) during the reporting period in other noncurrent operating assets not separately disclosed in the statement of cash flows.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncreaseDecreaseInOtherNoncurrentAssets</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestPaid">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of cash paid for interest during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367179&amp;loc=d3e4297-108586<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 29<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 25<br><br> -Subparagraph (e)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3536-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_InterestPaid</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInFinancingActivities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The net cash inflow or outflow from financing activity for the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 24<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3521-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 26<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3574-108585<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 26<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_NetCashProvidedByUsedInFinancingActivities</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInInvestingActivities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The net cash inflow or outflow from investing activity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 24<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3521-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 26<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3574-108585<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 26<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_NetCashProvidedByUsedInInvestingActivities</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInOperatingActivities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The net cash from (used in) all of the entity's operating activities, including those of discontinued operations, of the reporting entity. Operating activities generally involve producing and delivering goods and providing services. Operating activity cash flows include transactions, adjustments, and changes in value that are not defined as investing or financing activities. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 26<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 25<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3536-108585<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 24<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3521-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_NetCashProvidedByUsedInOperatingActivities</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingIncomeLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The net result for the period of deducting operating expenses from operating revenues.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_OperatingIncomeLoss</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsOfDividends">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Cash outflow in the form of capital distributions and dividends to common shareholders, preferred shareholders and noncontrolling interests.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 20<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Financing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 18<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 15<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3291-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PaymentsOfDividends</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 15<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Investing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 13<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3213-108585<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 17<br><br> -Subparagraph c<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PaymentsToAcquirePropertyPlantAndEquipment</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PensionContributions">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of cash or cash equivalents contributed by the entity to fund its pension plans.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 25<br><br> -Subparagraph (g)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3536-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PensionContributions</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash inflow from bank borrowing during the year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 19<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Financing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 18<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 14<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3255-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ProceedsFromBankDebt</nobr></td>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash inflow associated with the sale or maturity (principal being due) of securities not classified as either held-to-maturity securities or trading securities which are classified as available-for-sale securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 16<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6871852&amp;loc=d3e26853-111562<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Investing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 16<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 115<br><br> -Paragraph 18<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 15<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 12<br><br> -Subparagraph (a),(b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3179-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities</nobr></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash inflow from the sale of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 16<br><br> -Subparagraph c<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Investing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 15<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 12<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3179-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment</nobr></td>
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          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph A1, A4, A5<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 19<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7656940&amp;loc=SL4569616-111683<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 29<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 5<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 55<br><br> -Paragraph 4K<br><br> -URI http://asc.fasb.org/extlink&amp;oid=18733213&amp;loc=SL4591552-111686<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1A<br><br> -Subparagraph (a),(c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=18733093&amp;loc=SL4573702-111684<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph c(1)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 55<br><br> -Paragraph 4J<br><br> -URI http://asc.fasb.org/extlink&amp;oid=18733213&amp;loc=SL4591551-111686<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash outflow to settle a bank borrowing during the year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 18<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Financing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 15<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3291-108585<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 20<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EME">
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          <div style="width: 200px;"><strong>Note 4 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)<br></strong></div>
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        <th class="th" colspan="1">12 Months Ended</th>
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          <div>Dec. 31, 2012</div>
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        <td class="text"><p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"> Depreciation is computed using the straight-line method over the estimated useful lives of the
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    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">Machinery and equipment</font></td>
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">5 - 10 years</font></td></tr>
<tr style="vertical-align: top; background-color: white">
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">Motor vehicles</font></td>
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">3 - 10 years</font></td></tr>
<tr style="vertical-align: top; background-color: #CCEEFF">
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">Office equipment</font></td>
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">3 - 10 years</font></td></tr>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 13<br><br> -Subparagraph b<br><br> -Article 5<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 12<br><br> -Paragraph 5<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 360<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.13)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EKRAG">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Note 18 - RELATED PARTY BALANCES AND TRANSACTIONS (Details) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DueFromRelatedParties', window );">Due from related parties</a></td>
        <td class="nump">$ 4,066<span></span></td>
        <td class="nump">$ 5,227<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DueToRelatedPartiesCurrentAndNoncurrent', window );">Due to related parties</a></td>
        <td class="nump">11,428<span></span></td>
        <td class="nump">14,693<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">PEWC</div>
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        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DueFromRelatedParties', window );">Due from related parties</a></td>
        <td class="nump">542<span></span></td>
        <td class="nump">1,797<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DueToRelatedPartiesCurrentAndNoncurrent', window );">Due to related parties</a></td>
        <td class="nump">7,513<span></span></td>
        <td class="nump">9,490<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">PEWC Singapore Branch</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DueFromRelatedParties', window );">Due from related parties</a></td>
        <td class="nump">1,101<span></span></td>
        <td class="nump">1,071<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DueToRelatedPartiesCurrentAndNoncurrent', window );">Due to related parties</a></td>
        <td class="nump">892<span></span></td>
        <td class="nump">893<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Italian-Thai and its affiliates</div>
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        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DueFromRelatedParties', window );">Due from related parties</a></td>
        <td class="nump">2,096<span></span></td>
        <td class="nump">1,180<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">SPHC</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DueFromRelatedParties', window );">Due from related parties</a></td>
        <td class="nump">327<span></span></td>
        <td class="nump">1,179<span></span></td>
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      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DueToRelatedPartiesCurrentAndNoncurrent', window );">Due to related parties</a></td>
        <td class="nump">1,493<span></span></td>
        <td class="nump">2,384<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">PEWC Singapore Co (Pte) Ltd</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DueToRelatedPartiesCurrentAndNoncurrent', window );">Due to related parties</a></td>
        <td class="nump">1,185<span></span></td>
        <td class="nump">1,276<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Fujikura Limited</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DueToRelatedPartiesCurrentAndNoncurrent', window );">Due to related parties</a></td>
        <td class="nump">226<span></span></td>
        <td class="nump">184<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">TMP</div>
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        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DueToRelatedPartiesCurrentAndNoncurrent', window );">Due to related parties</a></td>
        <td class="nump">119<span></span></td>
        <td class="nump">60<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Shandong Huayu</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DueToRelatedPartiesCurrentAndNoncurrent', window );">Due to related parties</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">406<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Moon View Ltd.</div>
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        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RelatedPartyTransactionDueFromToRelatedParty', window );">Short-term loan from</a></td>
        <td class="nump">$ 1,732<span></span></td>
        <td class="nump">$ 1,732<span></span></td>
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          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>For an unclassified balance sheet, amounts due from related parties including affiliates, employees, joint ventures, officers and stockholders, immediate families thereof, and pension funds.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Interpretation (FIN)<br><br> -Number 46R<br><br> -Paragraph 16, 17<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 850<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (d)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6457730&amp;loc=d3e39549-107864<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph k<br><br> -Subparagraph 1<br><br> -Article 4<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(k)(1))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6881521&amp;loc=d3e23780-122690<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-03.10(3))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 3<br><br> -Article 7<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 57<br><br> -Paragraph 2<br><br> -Subparagraph d<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.3)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount as of the balance sheet date of obligations due all related parties.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-03.15(3),(4))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 850<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (d)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6457730&amp;loc=d3e39549-107864<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph k<br><br> -Subparagraph 1<br><br> -Article 4<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(k)(1))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6881521&amp;loc=d3e23780-122690<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 15<br><br> -Subparagraph 3, 4<br><br> -Article 9<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.17)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 57<br><br> -Paragraph 2<br><br> -Subparagraph d<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 17<br><br> -Article 7<br><br><br><br></p>
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                    <td>credit</td>
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                    <td>instant</td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Receivables to be collected from (obligations owed to) related parties, net as of the balance sheet date where one party can exercise control or significant influence over another party; including affiliates, owners or officers and their immediate families, pension trusts, and so forth.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 57<br><br> -Paragraph 2<br><br> -Subparagraph d<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(k)(1))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6881521&amp;loc=d3e23780-122690<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 850<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (d)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6457730&amp;loc=d3e39549-107864<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph k<br><br> -Subparagraph 1<br><br> -Article 4<br><br><br><br></p>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EZF">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 12 - VALUE ADDED TAX (VAT) (Tables)<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
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      <tr>
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          <div>Dec. 31, 2012</div>
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        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
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<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p>

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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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<tr style="vertical-align: bottom; background-color: white">
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<p style="margin: 0pt"></p><span></span></td>
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      <tr class="re">
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<tr style="vertical-align: top">
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<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>

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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
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                  <tr>
                    <td><strong> Name:</strong></td>
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                <p>Custom Element.</p>
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                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfRentExpenseTableTextBlock">
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of rental expense from operating leases for each period for which an income statement is presented with separate amounts for minimum rentals, contingent rentals, and sublease rentals.  Rental payments under leases with terms of a month or less that were not renewed need not be included.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 840<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6453985&amp;loc=d3e41499-112717<br><br><br><br></p>
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                <table border="0" cellpadding="0" cellspacing="0">
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0E4AAC">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Note 5 - SHORT-TERM BANK DEPOSITS (Details Narrative)<br></strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_DisclosureNote5ShorttermBankDepositsDetailsNarrativeAbstract', window );"><strong>Note 5 - Short-Term Bank Deposits Details Narrative</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FederalHomeLoanBankAdvancesBranchOfFHLBBankInterestRateRangeFrom', window );">Bank deposits interest rates range from</a></td>
        <td class="nump">3.70%<span></span></td>
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        <td class="nump">2.75%<span></span></td>
        <td class="nump">0.25%<span></span></td>
      </tr>
    </table>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Discloses the lowest interest rate applicable to any of the advances from the Federal Home Loan Bank, by branch, as of the Balance Sheet date.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Audit and Accounting Guide (AAG)<br><br> -Number AAG-DEP<br><br> -Paragraph 17, 37<br><br> -IssueDate 2006-05-01<br><br> -Chapter 15<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Discloses the highest interest rate applicable to any of the advances from the Federal Home Loan Bank, by branch, as of the Balance Sheet date.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Audit and Accounting Guide (AAG)<br><br> -Number AAG-DEP<br><br> -Paragraph 17, 37<br><br> -IssueDate 2006-05-01<br><br> -Chapter 15<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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<DOCUMENT>
<TYPE>XML
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<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EIOAC">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 11 - INCOME TAXES (Details 7) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2010</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_Note11IncomeTaxesDetails7Abstract', window );"><strong>Note 11 - Income Taxes Details 7</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnrecognizedTaxBenefits', window );">Change in Uncertain Tax Positions beginning balance</a></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions', window );">Additions based on tax positions related to the current year</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">308<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions', window );">Additions for tax positions of prior years</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_UnrecognizedTaxBenefitsSettlements', window );">Settlements</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
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      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations', window );">Decrease due to lapses in statute of limitions</a></td>
        <td class="num">(338)<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnrecognizedTaxBenefits', window );">Change in Uncertain Tax Positions ending balance</a></td>
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        <td class="nump">$ 2,332<span></span></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
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                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The gross amount of unrecognized tax benefits pertaining to uncertain tax positions taken in tax returns as of the balance sheet date.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Unrecognized Tax Benefit<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6527854<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 15A<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=SL6600010-109319<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Interpretation (FIN)<br><br> -Number 48<br><br> -Paragraph 21<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The gross amount of increases in unrecognized tax benefits resulting from tax positions that have been or will be taken in the tax return for the current period, excluding amounts pertaining to examined tax returns.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 15A<br><br> -Subparagraph (a)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=SL6600010-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Interpretation (FIN)<br><br> -Number 48<br><br> -Paragraph 21<br><br> -Subparagraph a(2)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td>xbrli:monetaryItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The gross amount of increases in unrecognized tax benefits resulting from tax positions taken in prior period tax returns, excluding amounts pertaining to examined tax returns.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 15A<br><br> -Subparagraph (a)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=SL6600010-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Interpretation (FIN)<br><br> -Number 48<br><br> -Paragraph 21<br><br> -Subparagraph a(1)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations">
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The gross amount of decreases in unrecognized tax benefits resulting from lapses of the applicable statutes of limitations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 15A<br><br> -Subparagraph (a)(4)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=SL6600010-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Interpretation (FIN)<br><br> -Number 48<br><br> -Paragraph 21<br><br> -Subparagraph a(4)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                    <td><strong> Balance Type:</strong></td>
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<DESCRIPTION>IDEA: XBRL DOCUMENT
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<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <link rel="StyleSheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script></head>
  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ELAAI">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>CONSOLIDATED BALANCE SHEETS (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsCurrentAbstract', window );"><strong>Current assets:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and cash equivalents</a></td>
        <td class="nump">$ 72,816<span></span></td>
        <td class="nump">$ 76,672<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_UnrestrictedShorttermBankDeposits', window );">Unrestricted Short-term bank deposits (note 5)</a></td>
        <td class="nump">6,210<span></span></td>
        <td class="nump">2,529<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestBearingDepositsInBanks', window );">Restricted short-term bank deposits (note 5)</a></td>
        <td class="nump">11,217<span></span></td>
        <td class="nump">12,024<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsReceivableNet', window );">Accounts receivable, net of allowance for doubtful accounts of $4,614 and $2,580 at December 31, 2011 and 2012, respectively (note 10)</a></td>
        <td class="nump">125,128<span></span></td>
        <td class="nump">98,329<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DueFromRelatedPartiesCurrent', window );">Amounts due from related parties (note 18)</a></td>
        <td class="nump">4,066<span></span></td>
        <td class="nump">5,227<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InventoryNetAbstract', window );"><strong>Inventories (note 10)</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_DistributedProducts', window );">Distributed products</a></td>
        <td class="nump">12,780<span></span></td>
        <td class="nump">2,243<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InventoryFinishedGoods', window );">Finished products</a></td>
        <td class="nump">40,589<span></span></td>
        <td class="nump">35,786<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InventoryWorkInProcess', window );">Work-in-progress</a></td>
        <td class="nump">19,743<span></span></td>
        <td class="nump">16,434<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InventoryRawMaterialsAndSupplies', window );">Raw materials and supplies</a></td>
        <td class="nump">25,409<span></span></td>
        <td class="nump">24,552<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InventoryNet', window );">Inventories, total</a></td>
        <td class="nump">98,521<span></span></td>
        <td class="nump">79,015<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentsFairValueDisclosure', window );">Held-to-maturity securities (note 7)</a></td>
        <td class="nump">2,378<span></span></td>
        <td class="nump">0<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsNetCurrent', window );">Deferred tax assets (notes 10 &amp; 11)</a></td>
        <td class="nump">3,134<span></span></td>
        <td class="nump">5,185<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherPrepaidExpenseCurrent', window );">Prepaid expenses and other current assets</a></td>
        <td class="nump">6,738<span></span></td>
        <td class="nump">9,716<span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsCurrent', window );">Total current assets</a></td>
        <td class="nump">330,208<span></span></td>
        <td class="nump">288,697<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentAbstract', window );"><strong>Property, plant and equipment:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Land', window );">Land</a></td>
        <td class="nump">6,194<span></span></td>
        <td class="nump">5,964<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_LandUseRights', window );">Land use rights</a></td>
        <td class="nump">2,914<span></span></td>
        <td class="nump">2,900<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BuildingsAndImprovementsGross', window );">Buildings</a></td>
        <td class="nump">52,372<span></span></td>
        <td class="nump">49,749<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MachineryAndEquipmentGross', window );">Machinery and equipment</a></td>
        <td class="nump">122,584<span></span></td>
        <td class="nump">118,984<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_MotorVehicles', window );">Motor vehicles</a></td>
        <td class="nump">4,336<span></span></td>
        <td class="nump">4,203<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FurnitureAndFixturesGross', window );">Office equipment</a></td>
        <td class="nump">6,830<span></span></td>
        <td class="nump">6,675<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConstructionInProgressGross', window );">Construction in progress</a></td>
        <td class="nump">4,998<span></span></td>
        <td class="nump">2,547<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentGross', window );">Property, plant and equipment, gross</a></td>
        <td class="nump">200,228<span></span></td>
        <td class="nump">191,022<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment', window );">Accumulated depreciation and impairment losses</a></td>
        <td class="num">(149,832)<span></span></td>
        <td class="num">(148,108)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentNet', window );">Property, plant and equipment, net</a></td>
        <td class="nump">50,396<span></span></td>
        <td class="nump">42,914<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermInvestments', window );">Investments (note 7)</a></td>
        <td class="nump">1,002<span></span></td>
        <td class="nump">618<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures', window );">Investment in equity investees (note 22)</a></td>
        <td class="nump">4,414<span></span></td>
        <td class="nump">4,435<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherAssetsNoncurrent', window );">Other assets</a></td>
        <td class="nump">889<span></span></td>
        <td class="nump">108<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsNetNoncurrent', window );">Deferred tax assets (notes 10 &amp; 11)</a></td>
        <td class="nump">2,475<span></span></td>
        <td class="nump">517<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsNoncurrent', window );">Total noncurrent assets</a></td>
        <td class="nump">8,780<span></span></td>
        <td class="nump">5,678<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">Total assets</a></td>
        <td class="nump">389,384<span></span></td>
        <td class="nump">337,289<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesAndStockholdersEquityAbstract', window );"><strong>LIABILITIES AND EQUITY</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShortTermBankLoansAndNotesPayable', window );">Bank loans and overdrafts (note 8)</a></td>
        <td class="nump">57,845<span></span></td>
        <td class="nump">52,813<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsPayableCurrent', window );">Accounts payable</a></td>
        <td class="nump">40,616<span></span></td>
        <td class="nump">22,148<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccruedLiabilitiesCurrent', window );">Accrued expenses</a></td>
        <td class="nump">13,499<span></span></td>
        <td class="nump">10,737<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DueToRelatedPartiesCurrent', window );">Amounts due to related parties (note 18)</a></td>
        <td class="nump">11,428<span></span></td>
        <td class="nump">14,693<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShortTermNonBankLoansAndNotesPayable', window );">Short-term loans from the immediate holding company (note 18)</a></td>
        <td class="nump">1,732<span></span></td>
        <td class="nump">1,732<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccruedIncomeTaxesCurrent', window );">Income tax liabilities (note 11)</a></td>
        <td class="nump">11,225<span></span></td>
        <td class="nump">9,835<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherLiabilitiesCurrent', window );">Other current liabilities (note 19)</a></td>
        <td class="nump">10,149<span></span></td>
        <td class="nump">5,783<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesCurrent', window );">Total current liabilities</a></td>
        <td class="nump">146,494<span></span></td>
        <td class="nump">117,741<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesNoncurrentAbstract', window );"><strong>Non-current liabilities:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherLiabilitiesNoncurrent', window );">Other non-current liabilities (note 19)</a></td>
        <td class="nump">6,060<span></span></td>
        <td class="nump">3,678<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxLiabilitiesNoncurrent', window );">Deferred tax liabilities (note 11)</a></td>
        <td class="nump">2,219<span></span></td>
        <td class="nump">1,181<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesNoncurrent', window );">Total non-current liabilities</a></td>
        <td class="nump">8,279<span></span></td>
        <td class="nump">4,859<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Liabilities', window );">Total liabilities</a></td>
        <td class="nump">154,773<span></span></td>
        <td class="nump">122,600<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommitmentsAndContingencies', window );">Commitments and contingencies (note 14)</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract', window );"><strong>Shareholders' equity:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockValue', window );">Common shares, $0.01 per share: Authorized shares: 50,000,000 Issued shares: 13,830,769 Outstanding shares: (note 9) 2012 - 13,828,869 shares (net of 1,900 treasury shares) 2011 - 13,830,769 shares</a></td>
        <td class="nump">138<span></span></td>
        <td class="nump">138<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AdditionalPaidInCapital', window );">Additional paid-in capital (note 22)</a></td>
        <td class="nump">110,608<span></span></td>
        <td class="nump">111,541<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RetainedEarningsUnappropriated', window );">Retained earnings</a></td>
        <td class="nump">45,553<span></span></td>
        <td class="nump">34,545<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax', window );">Accumulated other comprehensive income (note 13)</a></td>
        <td class="nump">5,424<span></span></td>
        <td class="nump">286<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockValue', window );">Treasury shares (1,900 shares at $3.2899)</a></td>
        <td class="num">(6)<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquity', window );">Total APWC shareholders' equity</a></td>
        <td class="nump">161,717<span></span></td>
        <td class="nump">146,510<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MinorityInterest', window );">Noncontrolling interests</a></td>
        <td class="nump">72,894<span></span></td>
        <td class="nump">68,179<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest', window );">Total shareholders' equity</a></td>
        <td class="nump">234,611<span></span></td>
        <td class="nump">214,689<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesAndStockholdersEquity', window );">Total liabilities and shareholders' equity</a></td>
        <td class="nump">$ 389,384<span></span></td>
        <td class="nump">$ 337,289<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_DistributedProducts">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>SHORT-TERM BANK DEPOSITS [Text Block]</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_DistributedProducts</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_LandUseRights">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Land use rights</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_LandUseRights</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_MotorVehicles">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Motor vehicles</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_MotorVehicles</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_UnrestrictedShorttermBankDeposits">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_UnrestrictedShorttermBankDeposits</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsPayableCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.19(a))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 19<br><br><br><br> -Subparagraph a<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AccountsPayableCurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsReceivableNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>For an unclassified balance sheet, the amount due from customers or clients for goods or services that have been delivered or sold in the normal course of business, reduced to their estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 3<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 942<br><br><br><br> -SubTopic 210<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.9-03.9)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 944<br><br><br><br> -SubTopic 210<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.7-03.5)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AccountsReceivableNet</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccruedIncomeTaxesCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount as of the balance sheet date of the unpaid sum of the known and estimated amounts payable to satisfy all currently due domestic and foreign income tax obligations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 15<br><br><br><br> -Subparagraph b(1)<br><br><br><br> -Article 7<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 15<br><br><br><br> -Article 9<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 20<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 109<br><br><br><br> -Section Appendix E<br><br><br><br> -Paragraph 289<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.20)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name FASB Interpretation (FIN)<br><br><br><br> -Number 48<br><br><br><br> -Paragraph 15, 21<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AccruedIncomeTaxesCurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccruedLiabilitiesCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 20<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.20)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AccruedLiabilitiesCurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cumulative amount of depreciation, depletion and amortization (related to property, plant and equipment, but not including land) that has been recognized in the income statement.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 14<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Accounting Principles Board Opinion (APB)<br><br><br><br> -Number 12<br><br><br><br> -Paragraph 5<br><br><br><br> -Subparagraph c<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Accounting Principles Board Opinion (APB)<br><br><br><br> -Number 12<br><br><br><br> -Paragraph 5<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.14)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 360<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (c)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 130<br><br><br><br> -Paragraph 14, 17, 26<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 220<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 11<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=20435746&amp;loc=d3e637-108580<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 220<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 14A<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=20435746&amp;loc=SL7669686-108580<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 220<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 14<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=20435746&amp;loc=d3e681-108580<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 04<br><br><br><br> -Article 3<br><br><br><br><br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 31<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Accounting Principles Board Opinion (APB)<br><br><br><br> -Number 12<br><br><br><br> -Paragraph 10<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name FASB Staff Position (FSP)<br><br><br><br> -Number FAS115-1/124-1<br><br><br><br> -Paragraph 15D<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AdditionalPaidInCapital">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders. Includes adjustments to additional paid in capital. Some examples of such adjustments include recording the issuance of debt with a beneficial conversion feature and certain tax consequences of equity instruments awarded to employees. Use this element for the aggregate amount of additional paid-in capital associated with common and preferred stock. For additional paid-in capital associated with only common stock, use the element additional paid in capital, common stock. For additional paid-in capital associated with only preferred stock, use the element additional paid in capital, preferred stock.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 31<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.30(a)(1))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AdditionalPaidInCapital</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Assets">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 12<br><br><br><br> -Article 7<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Concepts (CON)<br><br><br><br> -Number 6<br><br><br><br> -Paragraph 25<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 18<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.18)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_Assets</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetsCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 9<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.9)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 3<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6361293&amp;loc=d3e6801-107765<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 1<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6361293&amp;loc=d3e6676-107765<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AssetsCurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetsCurrentAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AssetsCurrentAbstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetsNoncurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.10-17)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 18<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AssetsNoncurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BuildingsAndImprovementsGross">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount before accumulated depreciation of building structures held for productive use including addition, improvement, or renovation to the structure, including, but not limited to, interior masonry, interior flooring, electrical, and plumbing.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Accounting Principles Board Opinion (APB)<br><br><br><br> -Number 12<br><br><br><br> -Paragraph 5<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 360<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (b)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 4<br><br><br><br> -Subparagraph (f)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6361293&amp;loc=d3e6812-107765<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_BuildingsAndImprovementsGross</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsAtCarryingValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (a)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6361293&amp;loc=d3e6676-107765<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Glossary Cash Equivalents<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6507016<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 95<br><br><br><br> -Paragraph 8, 9<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 95<br><br><br><br> -Paragraph 7, 26<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Glossary Cash<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6506951<br><br><br><br><br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 230<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 4<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3044-108585<br><br><br><br><br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 95<br><br><br><br> -Paragraph 7<br><br><br><br> -Footnote 1<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.1)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 1<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CashAndCashEquivalentsAtCarryingValue</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommitmentsAndContingencies">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 944<br><br><br><br> -SubTopic 210<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.7-03.(a),19)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.25)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 25<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 450<br><br><br><br> -SubTopic 20<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 1<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6952336&amp;loc=d3e14326-108349<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 5<br><br><br><br> -Paragraph 8, 9<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 17<br><br><br><br> -Article 9<br><br><br><br><br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 19<br><br><br><br> -Article 7<br><br><br><br><br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 942<br><br><br><br> -SubTopic 210<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.9-03.17)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CommitmentsAndContingencies</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.29)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 30<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CommonStockValue</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ConstructionInProgressGross">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Gross amount, at the balance sheet date, of long-lived assets under construction that include construction costs to date on capital projects that have not been completed and assets being constructed that are not ready to be placed into service.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Accounting Principles Board Opinion (APB)<br><br><br><br> -Number 12<br><br><br><br> -Paragraph 5<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 360<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (b)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ConstructionInProgressGross</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsNetCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards expected to be realized or consumed within one year or operating cycle, if longer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 740<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 2<br><br><br><br> -Subparagraph (b)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32537-109319<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 740<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 5<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31928-109318<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 740<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 4<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31917-109318<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 740<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 9<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31958-109318<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 740<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 6<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31931-109318<br><br><br><br><br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 109<br><br><br><br> -Paragraph 41, 42, 43<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DeferredTaxAssetsNetCurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsNetNoncurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after allocation of valuation allowances of noncurrent deferred tax asset attributable to deductible temporary differences and carryforwards. Noncurrent assets are expected to be realized or consumed after one year (or the normal operating cycle, if longer).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 740<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 2<br><br><br><br> -Subparagraph (b)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32537-109319<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 740<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 5<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31928-109318<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 740<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 4<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31917-109318<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 740<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 9<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31958-109318<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 740<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 6<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31931-109318<br><br><br><br><br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 109<br><br><br><br> -Paragraph 41, 42, 43<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DeferredTaxAssetsNetNoncurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxLiabilitiesNoncurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of deferred tax liability attributable to taxable temporary differences, net of deferred tax asset attributable to deductible temporary differences and carryforwards net of valuation allowances expected to be realized or consumed after one year (or the normal operating cycle, if longer).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 109<br><br><br><br> -Paragraph 41, 42<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 740<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 4<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31917-109318<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 740<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 6<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31931-109318<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 740<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 9<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31958-109318<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DeferredTaxLiabilitiesNoncurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DueFromRelatedPartiesCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The aggregate amount of receivables to be collected from related parties where one party can exercise control or significant influence over another party; including affiliates, owners or officers and their immediate families, pension trusts, and so forth, at the financial statement date. which are usually due within one year (or one business cycle).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 57<br><br><br><br> -Paragraph 2<br><br><br><br> -Subparagraph d<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 3<br><br><br><br> -Subparagraph a<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.3(a)(2))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (d)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6361293&amp;loc=d3e6676-107765<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 235<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.4-08.(k)(1))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6881521&amp;loc=d3e23780-122690<br><br><br><br><br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 850<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (d)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6457730&amp;loc=d3e39549-107864<br><br><br><br><br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 08<br><br><br><br> -Paragraph k<br><br><br><br> -Subparagraph 2<br><br><br><br> -Article 4<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DueFromRelatedPartiesCurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DueToRelatedPartiesCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount as of the balance sheet date of obligations due all related parties. For classified balance sheets, represents the current portion of such liabilities (due within one year or within the normal operating cycle if longer).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 57<br><br><br><br> -Paragraph 2<br><br><br><br> -Subparagraph d<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.19(a))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 235<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.4-08.(k)(1))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6881521&amp;loc=d3e23780-122690<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 19<br><br><br><br> -Subparagraph a<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 850<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (d)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6457730&amp;loc=d3e39549-107864<br><br><br><br><br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 08<br><br><br><br> -Paragraph k<br><br><br><br> -Subparagraph 1<br><br><br><br> -Article 4<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DueToRelatedPartiesCurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FurnitureAndFixturesGross">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Gross amount, at the balance sheet date, of long-lived, depreciable assets commonly used in offices and stores. Examples include desks, chairs, and store fixtures.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Accounting Principles Board Opinion (APB)<br><br><br><br> -Number 12<br><br><br><br> -Paragraph 5<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 360<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (b)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_FurnitureAndFixturesGross</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestBearingDepositsInBanks">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>For banks and other depository institutions (including Federal Reserve Banks, if applicable): Interest-bearing deposits in other financial institutions for relatively short periods of time including, for example, certificates of deposits, which are presented separately from cash on the balance sheet.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Audit and Accounting Guide (AAG)<br><br><br><br> -Number AAG-DEP<br><br><br><br> -Paragraph 4, 11<br><br><br><br> -IssueDate 2006-05-01<br><br><br><br> -Chapter 6<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 2<br><br><br><br> -Article 9<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 942<br><br><br><br> -SubTopic 210<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.9-03.2)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 942<br><br><br><br> -SubTopic 210<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 4<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6476743&amp;loc=d3e59706-112781<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_InterestBearingDepositsInBanks</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InventoryFinishedGoods">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount before last-in first-out (LIFO) and valuation reserves of merchandise or goods held by the entity that are readily available for sale.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 6<br><br><br><br> -Subparagraph a<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.6(a)(1))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_InventoryFinishedGoods</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InventoryNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount (lower of cost or market) as of the balance sheet date of inventories less all valuation and other allowances. Excludes noncurrent inventory balances (expected to remain on hand past one year or one operating cycle, if longer).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.6(a))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 330<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 35<br><br><br><br> -Paragraph 2<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6386567&amp;loc=d3e3927-108312<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (b)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6361293&amp;loc=d3e6676-107765<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_InventoryNet</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InventoryNetAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_InventoryNetAbstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InventoryRawMaterialsAndSupplies">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Gross amount of unprocessed materials to be used in manufacturing or production process and supplies that will be consumed.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 6<br><br><br><br> -Subparagraph a<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.6(a)(4),(5))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_InventoryRawMaterialsAndSupplies</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InventoryWorkInProcess">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Gross amount of merchandise or goods which are partially completed, are generally comprised of raw materials, labor and factory overhead costs, and which require further materials, labor and overhead to be converted into finished goods, and which generally require the use of estimates to determine percentage complete and pricing.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 6<br><br><br><br> -Subparagraph a<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.6(a)(3))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_InventoryWorkInProcess</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentsFairValueDisclosure">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents investment securities as of the balance sheet date which may include marketable securities, derivative financial instruments, and investments accounted for under the equity method.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Glossary Trading Securities<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6526789<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 320<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 25<br><br><br><br> -Paragraph 1<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=7534914&amp;loc=d3e22054-111558<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 115<br><br><br><br> -Paragraph 13<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph a, f, g<br><br><br><br> -Article 7<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Glossary Available-for-Sale Securities<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6505594<br><br><br><br><br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 115<br><br><br><br> -Paragraph 12<br><br><br><br> -Subparagraph a<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 320<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 35<br><br><br><br> -Paragraph 1<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=16383099&amp;loc=d3e24584-111560<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_InvestmentsFairValueDisclosure</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total investments in (A) an entity in which the entity has significant influence, but does not have control, (B) subsidiaries that are not required to be consolidated and are accounted for using the equity and or cost method, and (C) an entity in which the reporting entity shares control of the entity with another party or group. Includes long-term advances receivable from a party that is affiliated with the reporting entity by means of direct or indirect ownership.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.12)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Land">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount as of the balance sheet date of real estate held for productive use. This excludes land held for sale.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 4<br><br><br><br> -Subparagraph (e)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6361293&amp;loc=d3e6812-107765<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.13)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_Land</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Liabilities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.19-26)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_Liabilities</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesAndStockholdersEquity">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total of all Liabilities and Stockholders' Equity items (or Partners' Capital, as applicable), including the portion of equity attributable to noncontrolling interests, if any.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.32)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 25<br><br><br><br> -Article 7<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 32<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_LiabilitiesAndStockholdersEquity</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesAndStockholdersEquityAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_LiabilitiesAndStockholdersEquityAbstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.21)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 21<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_LiabilitiesCurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesNoncurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total obligations incurred as part of normal operations that is expected to be repaid beyond the following twelve months or one business cycle.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.22-26)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 22, 23, 24, 25, 26, 27<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_LiabilitiesNoncurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesNoncurrentAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_LiabilitiesNoncurrentAbstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermInvestments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The total amount of investments that are intended to be held for an extended period of time (longer than one operating cycle).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.12)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_LongTermInvestments</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MachineryAndEquipmentGross">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Gross amount, as of the balance sheet date, of long-lived, depreciable assets used in the production process to produce goods and services.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Accounting Principles Board Opinion (APB)<br><br><br><br> -Number 12<br><br><br><br> -Paragraph 5<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 360<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (b)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 4<br><br><br><br> -Subparagraph (f)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6361293&amp;loc=d3e6812-107765<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_MachineryAndEquipmentGross</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MinorityInterest">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which is directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent (that is, noncontrolling interest, previously referred to as minority interest).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 27<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Accounting Research Bulletin (ARB)<br><br><br><br> -Number 51<br><br><br><br> -Paragraph A3<br><br><br><br> -Appendix A<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Accounting Research Bulletin (ARB)<br><br><br><br> -Number 51<br><br><br><br> -Paragraph 26<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 20<br><br><br><br> -Article 7<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.31)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Accounting Research Bulletin (ARB)<br><br><br><br> -Number 51<br><br><br><br> -Paragraph 38<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_MinorityInterest</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
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              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherAssetsNoncurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate carrying amount, as of the balance sheet date, of noncurrent assets not separately disclosed in the balance sheet. Noncurrent assets are expected to be realized or consumed after one year (or the normal operating cycle, if longer).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.17)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 17<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_OtherAssetsNoncurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherLiabilitiesCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate carrying amount of current liabilities (due within one year or within the normal operating cycle if longer) not separately disclosed in the balance sheet. Includes costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered and of liabilities not separately disclosed.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Accounting Research Bulletin (ARB)<br><br><br><br> -Number 43<br><br><br><br> -Section A<br><br><br><br> -Paragraph 8<br><br><br><br> -Chapter 3<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 5<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6361293&amp;loc=d3e6904-107765<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 20<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 6<br><br><br><br> -Paragraph 15<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.20)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 6<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6361293&amp;loc=d3e6911-107765<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_OtherLiabilitiesCurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherLiabilitiesNoncurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate carrying amount, as of the balance sheet date, of noncurrent obligations not separately disclosed in the balance sheet. Noncurrent liabilities are expected to be paid after one year (or the normal operating cycle, if longer).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.24)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 24<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_OtherLiabilitiesNoncurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
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            </div>
          </td>
        </tr>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherPrepaidExpenseCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount as of the balance sheet date of expenditures made, not otherwise specified in the taxonomy, in advance of the timing of recognition of expenses which are expected to be charged against earnings within one year or the normal operating cycle, if longer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Accounting Research Bulletin (ARB)<br><br><br><br> -Number 43<br><br><br><br> -Section A<br><br><br><br> -Paragraph 4<br><br><br><br> -Chapter 3<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (g)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6361293&amp;loc=d3e6676-107765<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 2<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6361293&amp;loc=d3e6787-107765<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_OtherPrepaidExpenseCurrent</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
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            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PropertyPlantAndEquipmentAbstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentGross">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Gross amount of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Accounting Principles Board Opinion (APB)<br><br><br><br> -Number 12<br><br><br><br> -Paragraph 5<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 360<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (b)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.13)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PropertyPlantAndEquipmentGross</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount, net of accumulated depreciation, depletion and amortization, of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 8<br><br><br><br> -Article 7<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 12<br><br><br><br> -Paragraph 5<br><br><br><br> -Subparagraph b, c<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 360<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 1<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.13)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 13<br><br><br><br> -Subparagraph a<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PropertyPlantAndEquipmentNet</nobr></td>
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                    <td><strong> Period Type:</strong></td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RetainedEarningsUnappropriated">
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>A segregation of retained earnings which is available for dividend distribution. Earnings not paid out as dividends but instead reinvested in the core business or used to pay off debt. Unappropriated profit is part of shareholder equity. Also called cumulative distributions or earned surplus or accumulated earnings or unappropriated profit.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 24<br><br><br><br> -Subparagraph a(4)<br><br><br><br> -Article 7<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 31<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.30(a)(3)(ii))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 944<br><br><br><br> -SubTopic 210<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.7-03.23(4))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_RetainedEarningsUnappropriated</nobr></td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount at the balance sheet date of borrowings from a bank, not elsewhere enumerated in the taxonomy, with a maturity within one year (or within one operating cycle if longer) from the date of borrowing.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 944<br><br><br><br> -SubTopic 210<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.7-03.16)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 19<br><br><br><br> -Subparagraph a<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.19(a)(1))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 16<br><br><br><br> -Article 7<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ShortTermBankLoansAndNotesPayable</nobr></td>
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                    <td>us-gaap_</td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount at the balance sheet date of borrowings from a creditor other than a bank, not elsewhere specified in the taxonomy, with a maturity within one year (or within one operating cycle if longer) from the date of borrowing.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 19<br><br><br><br> -Subparagraph a<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.19(a)(2))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ShortTermNonBankLoansAndNotesPayable</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                    <td><strong> Balance Type:</strong></td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockholdersEquity">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.29-31)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 29, 30, 31<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Accounting Research Bulletin (ARB)<br><br><br><br> -Number 51<br><br><br><br> -Paragraph A3<br><br><br><br> -Appendix A<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 310<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 2<br><br><br><br> -Subparagraph (SAB TOPIC 4.E)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6228006&amp;loc=d3e74512-122707<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Staff Accounting Bulletin (SAB)<br><br><br><br> -Number Topic 4<br><br><br><br> -Section E<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_StockholdersEquity</nobr></td>
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                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 810<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 16<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=7656940&amp;loc=SL4568740-111683<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Accounting Research Bulletin (ARB)<br><br><br><br> -Number 51<br><br><br><br> -Paragraph A3<br><br><br><br> -Appendix A<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Accounting Research Bulletin (ARB)<br><br><br><br> -Number 51<br><br><br><br> -Paragraph 26<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 810<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 55<br><br><br><br> -Paragraph 4I<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=18733213&amp;loc=SL4590271-111686<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 810<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 15<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=7656940&amp;loc=SL4568447-111683<br><br><br><br><br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Accounting Research Bulletin (ARB)<br><br><br><br> -Number 51<br><br><br><br> -Paragraph 25<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract</nobr></td>
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                    <td><strong> Balance Type:</strong></td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TreasuryStockValue">
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount allocated to treasury stock. Treasury stock is common and preferred shares of an entity that were issued, repurchased by the entity, and are held in its treasury.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 505<br><br><br><br> -SubTopic 30<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 4<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6405834&amp;loc=d3e23315-112656<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name FASB Technical Bulletin (FTB)<br><br><br><br> -Number 85-6<br><br><br><br> -Paragraph 3<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_TreasuryStockValue</nobr></td>
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                    <td>us-gaap_</td>
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                    <td>xbrli:monetaryItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EHH">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 19 - DEFINED CONTRIBUTION AND BENEFIT PLANS (Tables)<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
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      <tr>
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          <div>Dec. 31, 2012</div>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_Note18DefinedContributionAndBenefitPlansTablesAbstract', window );"><strong>Note 19 - Defined Contribution And Benefit Plans Tables</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCompensationArrangementWithIndividualDisclosurePostretirementBenefitsTextBlock', window );">Compensation Retirement Benefits Actuarial valuation</a></td>
        <td class="text"><p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">The following table sets forth the Plan&#146;s
funded status and pension amounts recognized as at December 31, 2010, 20111 mer accounted form 10% of eased from 95.8% to 100%.insd)ch
to completely pay off the term loan by end of February 2013. o2011 and 2012 based on the latest actuarial valuation:</p>

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    <td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#150;</font></td>
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    <td style="text-align: right; line-height: 115%">&#160;</td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="text-align: right; line-height: 115%">&#160;</td>
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    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">223</font></td>
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    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">106</font></td>
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    <td style="line-height: 115%">&#160;</td>
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    <td style="text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">128</font></td>
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<tr style="vertical-align: bottom; background-color: white">
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    <td style="text-align: right; line-height: 115%">&#160;</td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="text-align: right; line-height: 115%">&#160;</td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="text-align: right; line-height: 115%">&#160;</td>
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    <td style="line-height: 115%">&#160;</td>
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<tr style="vertical-align: bottom; background-color: white">
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    <td style="line-height: 115%">&#160;</td>
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    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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    <td style="line-height: 115%">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; line-height: 115%">&#160;</td>
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    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; line-height: 115%">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#150;</font></td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; line-height: 115%">&#160;</td>
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<tr style="vertical-align: bottom; background-color: white">
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    <td style="line-height: 115%">&#160;</td>
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    <td style="line-height: 115%">&#160;</td>
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="text-align: right; line-height: 115%">&#160;</td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="text-align: right; line-height: 115%">&#160;</td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="text-align: right; line-height: 115%">&#160;</td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td></tr>
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    <td style="text-align: right; line-height: 115%">&#160;</td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="text-align: right; line-height: 115%">&#160;</td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="text-align: right; line-height: 115%">&#160;</td>
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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<tr style="vertical-align: bottom; background-color: white">
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    <td style="border-bottom: black 1.5pt solid; line-height: 115%">&#160;</td>
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    <td style="border-bottom: black 1.5pt solid; line-height: 115%">&#160;</td>
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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</table><span></span></td>
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<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%">
<tr style="vertical-align: bottom">
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                <p>Tabular disclosure of pension and other postretirement benefit arrangements with individual employees, which are generally based on employment contracts between the entity and one or more selected officers or key employees, and which contain a promise by the employer to pay certain amounts at designated future dates, usually including a period after retirement, upon compliance with stipulated requirements. This type of arrangement is distinguished from broader based employee benefit plans as it is usually tailored to the employee. Disclosure also typically includes the amount of related compensation expense recognized during the reporting period and the carrying amount as of the balance sheet date of the related liability.</p>
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                <p>Tabular disclosure of benefit obligations including accumulated benefit obligation and projected benefit obligation.</p>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ENDAE">
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
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        <td class="num">$ (1,360)<span></span></td>
        <td class="num">$ (1,347)<span></span></td>
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          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
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              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_NetIncomeLoss</nobr></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate revenue during the period from the sale of goods in the normal course of business, after deducting returns, allowances and discounts.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
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  <head>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EY5AE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2010</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_StatementConsolidatedStatementsOfComprehensiveIncomeAbstract', window );"><strong>Consolidated Statements Of Comprehensive Income</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProfitLoss', window );">Net income (loss)</a></td>
        <td class="nump">$ 18,910<span></span></td>
        <td class="num">$ (3,084)<span></span></td>
        <td class="nump">$ 25,387<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossTaxAbstract', window );"><strong>Other comprehensive income (loss)</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax', window );">Currency translation adjustment, net of tax of nil</a></td>
        <td class="nump">6,918<span></span></td>
        <td class="num">(3,726)<span></span></td>
        <td class="nump">18,091<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParentAbstract', window );"><strong>Defined benefit pension plan:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets', window );">Currency realignment</a></td>
        <td class="num">(21)<span></span></td>
        <td class="nump">23<span></span></td>
        <td class="num">(54)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax', window );">Prior service cost arising during the year</a></td>
        <td class="num">(2,973)<span></span></td>
        <td class="nump">135<span></span></td>
        <td class="nump">0<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanActuarialGainLoss', window );">Net actuarial loss arising during the year</a></td>
        <td class="num">(151)<span></span></td>
        <td class="num">(228)<span></span></td>
        <td class="num">(432)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostRecognizedInNetPeriodicBenefitCostBeforeTax', window );">Less: amortization of prior service cost in net periodic pension cost</a></td>
        <td class="nump">144<span></span></td>
        <td class="nump">1<span></span></td>
        <td class="nump">14<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_DeferredTaxRelatedToDefinedBenefitPension', window );">Deferred tax related to defined benefit pension</a></td>
        <td class="nump">1,045<span></span></td>
        <td class="nump">0<span></span></td>
        <td class="nump">0<span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost', window );">Defined benefit pension plan, net of tax (notes 11 &amp; 19)</a></td>
        <td class="num">(1,956)<span></span></td>
        <td class="num">(69)<span></span></td>
        <td class="num">(472)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLossNetOfTaxAbstract', window );"><strong>Unrealized loss of available-for-sale securities:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLoss', window );">Unrealized loss of available-for-sale securities</a></td>
        <td class="nump">0<span></span></td>
        <td class="num">(68)<span></span></td>
        <td class="nump">0<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax', window );">Reclassification of unrealized loss of available-for-sale securities upon disposal or impairment</a></td>
        <td class="nump">0<span></span></td>
        <td class="nump">68<span></span></td>
        <td class="nump">30<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax', window );">Income tax related to unrealized loss</a></td>
        <td class="nump">0<span></span></td>
        <td class="nump">0<span></span></td>
        <td class="nump">84<span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLossNetOfTax', window );">Unrealized loss of available-for-sale securities, net</a></td>
        <td class="nump">0<span></span></td>
        <td class="nump">0<span></span></td>
        <td class="nump">114<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossTax', window );">Other comprehensive income (loss)</a></td>
        <td class="nump">4,962<span></span></td>
        <td class="num">(3,795)<span></span></td>
        <td class="nump">17,733<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ComprehensiveIncomeNetOfTax', window );">Total comprehensive income (loss)</a></td>
        <td class="nump">23,872<span></span></td>
        <td class="num">(6,879)<span></span></td>
        <td class="nump">43,120<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest', window );">Total comprehensive income (loss) attributable to noncontrolling interests</a></td>
        <td class="nump">7,785<span></span></td>
        <td class="num">(440)<span></span></td>
        <td class="nump">17,499<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_TotalComprehensiveIncomeLossAttributableToApwc', window );">Total comprehensive income (loss) attributable to APWC shareholders</a></td>
        <td class="nump">$ 16,087<span></span></td>
        <td class="num">$ (6,439)<span></span></td>
        <td class="nump">$ 25,621<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_DeferredTaxRelatedToDefinedBenefitPension</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_StatementConsolidatedStatementsOfComprehensiveIncomeAbstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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          </td>
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      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_TotalComprehensiveIncomeLossAttributableToApwc">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_TotalComprehensiveIncomeLossAttributableToApwc</nobr></td>
                  </tr>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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          </td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents the pretax change in net unrealized holding gain (loss) on available-for-sale securities that has been included in accumulated other comprehensive income, a separate component of shareholders' equity, during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 115<br><br> -Paragraph 21<br><br> -Subparagraph d<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (d)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6872113&amp;loc=d3e27357-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
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                    <td><nobr>us-gaap_AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLoss</nobr></td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The change in unrealized holding gain (loss), net of tax, on available-for-sale securities included in a separate component of shareholders' equity during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 115<br><br> -Paragraph 21<br><br> -Subparagraph d<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (d)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6872113&amp;loc=d3e27357-111563<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Net Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6518256<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph c(3)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Other Comprehensive Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6519514<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 30<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Comprehensive Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=16317811<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 5<br><br> -URI http://asc.fasb.org/extlink&amp;oid=20435746&amp;loc=d3e557-108580<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph A5<br><br> -Appendix A<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of gain (loss) from a decision to temporarily deviate from the substantive plan, or from a change in benefit obligation or plan asset value from changes in actuarial assumptions, for example, but not limited to, interest, mortality, employee turnover or salary scale.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 30<br><br> -Glossary Gain or Loss<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6514294<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (a)(4)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21915506&amp;loc=d3e1928-114920<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 60<br><br> -Glossary Gain or Loss<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6749293<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Before tax amount, net of reclassification adjustments, of the benefit improvement costs resulting from a plan amendment that occurred that has not been recognized in net periodic benefit cost.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 158<br><br> -Paragraph 7<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (i)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21915506&amp;loc=d3e1928-114920<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 132R<br><br> -Paragraph 5<br><br> -Subparagraph i<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 10A<br><br> -Subparagraph (j)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=20435746&amp;loc=SL7669646-108580<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax</nobr></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of increase or decrease in plan assets attributed to foreign currency changes. The effects of foreign currency exchange rate changes that are to be disclosed are those applicable to plans of a foreign operation whose functional currency is not the reporting currency.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 132R<br><br> -Paragraph 5<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (b)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21915506&amp;loc=d3e1928-114920<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The total amount of net periodic benefit cost for defined benefit plans for the period. Periodic benefit costs include the following components: service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) due to settlements or curtailments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 132R<br><br> -Paragraph 5<br><br> -Subparagraph h<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (h)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21915506&amp;loc=d3e1928-114920<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after tax, before reclassification adjustments, resulting from the process of expressing in the reporting currency of the reporting entity those amounts that are denominated or measured in a different currency, and from transactions whose terms are denominated in a currency other than the entity's functional currency.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 20<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6915805&amp;loc=d3e32211-110900<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6915805&amp;loc=d3e32022-110900<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 52<br><br> -Paragraph 13, 20, 31<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 30<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6450520&amp;loc=d3e32583-110901<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 10A<br><br> -Subparagraph (a-c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=20435746&amp;loc=SL7669646-108580<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=20435746&amp;loc=d3e637-108580<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 130<br><br> -Paragraph 17<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 18<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6915805&amp;loc=d3e32157-110900<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 133<br><br> -Paragraph 45<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph c(3)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax</nobr></td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostRecognizedInNetPeriodicBenefitCostBeforeTax">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Before tax amount of the income statement impact of the reclassification adjustment for prior service costs recognized as a component of net period benefit cost.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 130<br><br> -Paragraph 17, 19, 24<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (i)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21915506&amp;loc=d3e1928-114920<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 132R<br><br> -Paragraph 5<br><br> -Subparagraph i<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=20435746&amp;loc=d3e637-108580<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 158<br><br> -Paragraph 4<br><br> -Subparagraph c, d<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 10A<br><br> -Subparagraph (j)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=20435746&amp;loc=SL7669646-108580<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph c(3)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 158<br><br> -Paragraph 7<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostRecognizedInNetPeriodicBenefitCostBeforeTax</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
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                    <td><strong> Balance Type:</strong></td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax">
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Before tax amount of the income statement impact of the reclassification adjustment for unrealized gain (loss) realized upon the sale of available-for-sale securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Reclassification Adjustments<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6522872<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (d)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6872113&amp;loc=d3e27357-111563<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph c(3)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 130<br><br> -Paragraph 24<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=20435746&amp;loc=d3e637-108580<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 130<br><br> -Paragraph 18, 19<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 17<br><br> -URI http://asc.fasb.org/extlink&amp;oid=20435746&amp;loc=d3e716-108580<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 15<br><br> -URI http://asc.fasb.org/extlink&amp;oid=20435746&amp;loc=d3e689-108580<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 16<br><br> -URI http://asc.fasb.org/extlink&amp;oid=20435746&amp;loc=d3e709-108580<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
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                    <td><strong> Data Type:</strong></td>
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                    <td><strong> Balance Type:</strong></td>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tax effect of other comprehensive income (loss) attributable to both parent entity and noncontrolling interest.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=20435746&amp;loc=d3e640-108580<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 31<br><br> -Article 5<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 12<br><br> -Paragraph 10<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 130<br><br> -Paragraph 24<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 36<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 11<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=18498875&amp;loc=d3e39076-109324<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph c(3)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tax effect of other comprehensive income (loss) attributable to noncontrolling interest.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 19<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7656940&amp;loc=SL4569616-111683<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 29<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph c(3)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1A<br><br> -Subparagraph (c)(3)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=18733093&amp;loc=SL4573702-111684<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 30<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 20<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7656940&amp;loc=SL4569643-111683<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tax effect of unrealized holding gain (loss) before reclassification adjustments and transfers on available-for-sale securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 10A<br><br> -Subparagraph (e,f)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=20435746&amp;loc=SL7669646-108580<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph c(3)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=20435746&amp;loc=d3e640-108580<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 130<br><br> -Paragraph 25<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProfitLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph A1, A4, A5<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 19<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7656940&amp;loc=SL4569616-111683<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 29<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 5<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 55<br><br> -Paragraph 4K<br><br> -URI http://asc.fasb.org/extlink&amp;oid=18733213&amp;loc=SL4591552-111686<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1A<br><br> -Subparagraph (a),(c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=18733093&amp;loc=SL4573702-111684<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph c(1)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 55<br><br> -Paragraph 4J<br><br> -URI http://asc.fasb.org/extlink&amp;oid=18733213&amp;loc=SL4591551-111686<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ProfitLoss</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                  <tr>
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                    <td>duration</td>
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          </td>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EYAAC">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 21 -SEGMENT FINANCIAL INFORMATION (Details Narrative)<br></strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2010</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_Note20SegmentFinancialInformationDetailsNarrativeAbstract', window );"><strong>Note 21 -Segment Financial Information Details Narrative</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_EntityWideRevenueMajorCustomer', window );">Percentage of No single customer accounted for total revenue</a></td>
        <td class="text">10% or More<span></span></td>
        <td class="text">10% or More<span></span></td>
        <td class="text">10% or More<span></span></td>
      </tr>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_EntityWideRevenueMajorCustomer</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
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                  <tr>
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                    <td>xbrli:stringItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                  <tr>
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                    <td>duration</td>
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      </table>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_Note20SegmentFinancialInformationDetailsNarrativeAbstract</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
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<DOCUMENT>
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<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <link rel="StyleSheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script></head>
  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0E4CAC">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Note 8 - BANK LOANS AND OVERDRAFTS (Details) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_DisclosureNote8BankLoansAndOverdraftsDetailsAbstract', window );"><strong>Note 8 - Bank Loans And Overdrafts Details</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_BankLoansAndOverdrafts', window );">Bank loans and overdrafts</a></td>
        <td class="nump">$ 23,844<span></span></td>
        <td class="nump">$ 13,886<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_TrustReceipts', window );">Trust receipts</a></td>
        <td class="nump">34,001<span></span></td>
        <td class="nump">38,927<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BankOverdrafts', window );">Total bank loans and overdrafts</a></td>
        <td class="nump">$ 57,845<span></span></td>
        <td class="nump">$ 52,813<span></span></td>
      </tr>
    </table>
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        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>(Increase) in unrestricted short-term bank deposits</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_BankLoansAndOverdrafts</nobr></td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                    <td><strong> Period Type:</strong></td>
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        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_DisclosureNote8BankLoansAndOverdraftsDetailsAbstract</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_TrustReceipts</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BankOverdrafts">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying value as of the balance sheet date of payments made in excess of existing cash balances, which will be honored by the bank but reflected as a loan to the entity. Overdrafts generally have a very short time frame for correction or repayment and are therefore more similar to short-term bank financing than trade financing.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 470<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 10<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6743817&amp;loc=d3e1243-112600<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Current Liabilities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6509677<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 43<br><br> -Section A<br><br> -Paragraph 7<br><br> -Chapter 3<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.20)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_BankOverdrafts</nobr></td>
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                    <td>us-gaap_</td>
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                    <td>xbrli:monetaryItemType</td>
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                    <td><strong> Balance Type:</strong></td>
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                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EZF">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 7 - INVESTMENTS (Tables)<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
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      <tr>
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          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_Note7InvestmentsTablesAbstract', window );"><strong>Note 7 - Investments Tables</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
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        <td class="text"><p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">A summary of the carrying values and
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<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0">&#160;</p>

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        <td class="text"><p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0">A summary of the carrying values and balance sheet classification
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<p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>

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<tr style="vertical-align: bottom; background-color: #CCEEFF">
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="text-align: right; line-height: 115%">&#160;</td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; line-height: 115%">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%">&#160;</td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; line-height: 115%">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; text-align: right; line-height: 115%">&#160;</td>
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    <td style="line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">Total Held-to-maturity</font></td>
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
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    <td style="text-align: right; line-height: 115%">&#160;</td>
    <td nowrap="nowrap" style="line-height: 115%">&#160;</td>
    <td style="line-height: 115%">&#160;</td>
    <td style="border-bottom: black 2.25pt double; line-height: 115%">&#160;</td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">&#150;</font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%"><font style="font: 8pt Times New Roman, Times, Serif">2,738</font></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of the summary of investment holdings.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 946<br><br> -SubTopic 320<br><br> -Section S99<br><br> -Paragraph 4<br><br> -Subparagraph (SX 210.12-12C)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6955306&amp;loc=d3e611225-123010<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 12C<br><br> -Article 12<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of the information required in the supplementary schedule applicable to management investment companies summarizing the listing of holdings of unaffiliated investments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>67
<FILENAME>R65.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <link rel="StyleSheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script></head>
  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EGRAG">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 11 - INCOME TAXES (Details) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2010</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign', window );">Pre-tax income (loss) from continuing operations</a></td>
        <td class="nump">$ 28,851<span></span></td>
        <td class="nump">$ 694<span></span></td>
        <td class="nump">$ 31,853<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_PretaxIncomeLossFromContinuingOperationsNonEquityInvestees', window );">Pre-tax income (loss) from continuing operations non equity investees</a></td>
        <td class="nump">28,830<span></span></td>
        <td class="nump">636<span></span></td>
        <td class="nump">31,832<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Thailand</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign', window );">Pre-tax income (loss) from continuing operations</a></td>
        <td class="nump">23,265<span></span></td>
        <td class="nump">8,760<span></span></td>
        <td class="nump">24,750<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Singapore</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign', window );">Pre-tax income (loss) from continuing operations</a></td>
        <td class="nump">2,235<span></span></td>
        <td class="num">(80)<span></span></td>
        <td class="nump">1,671<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Australia</div>
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        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign', window );">Pre-tax income (loss) from continuing operations</a></td>
        <td class="nump">5,426<span></span></td>
        <td class="nump">3,130<span></span></td>
        <td class="nump">2,176<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">The People's Republic of China</div>
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        <td class="text">&#xA0;<span></span></td>
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        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign', window );">Pre-tax income (loss) from continuing operations</a></td>
        <td class="num">(142)<span></span></td>
        <td class="nump">985<span></span></td>
        <td class="nump">6,921<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Myanmar</div>
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        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign', window );">Pre-tax income (loss) from continuing operations</a></td>
        <td class="nump">279<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
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      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
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        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign', window );">Pre-tax income (loss) from continuing operations</a></td>
        <td class="num">(2,212)<span></span></td>
        <td class="num">(12,101)<span></span></td>
        <td class="num">(3,665)<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Equity Investees Thailand</div>
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        <td class="text">&#xA0;<span></span></td>
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      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign', window );">Pre-tax income (loss) from continuing operations</a></td>
        <td class="num">(2)<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
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      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Equity Investees The People's Republic of China</div>
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        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign', window );">Pre-tax income (loss) from continuing operations</a></td>
        <td class="num">$ (19)<span></span></td>
        <td class="num">$ (58)<span></span></td>
        <td class="num">$ (21)<span></span></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The portion of earnings or loss from continuing operations before income taxes that is attributable to foreign operations, which is defined as Income or Loss generated from operations located outside the entity's country of domicile.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(h)(1)(i))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6881521&amp;loc=d3e23780-122690<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph h<br><br> -Subparagraph 1(i)<br><br> -Article 4<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>68
<FILENAME>R22.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
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    <link rel="StyleSheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script></head>
  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 15 - FLOODING IN THAILAND<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_NotesToFinancialStatementsAbstract', window );"><strong>Notes to Financial Statements</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnusualOrInfrequentItemsDisclosureTextBlock', window );">FLOODING IN THAILAND</a></td>
        <td class="text"><p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 33.05pt; text-align: justify; text-indent: 0pt">Siam Pacific,
a wholly owned subsidiary of Charoong Thai, suspended operations temporarily in 2011 due to damage sustained from the region&#146;s
flooding. The facilities of Siam Pacific, located 30 kilometers north of Bangkok, manufactures enameled wire and communication
wire. The facility sustained water damage, as the water level reached approximately 1.5 meters which damaged some of the machinery
and equipment in the plant, as well as some of the inventories in the warehouse. As a result, the Company recorded $3,947 and $888
of flood-related charges, including property, plant and equipment impairments, repairing charges and a write-down of damaged inventory
and recognized $874 and $8 of deferred tax assets related to the charges in 2011 and 2012, respectively. These charges are separately
stated as a line item, &#147;Charges related to flooding&#148; included in operating expense on the consolidated statement of
operations.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 33pt; text-align: justify; text-indent: -33pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 34.9pt; text-align: justify">The following table summarizes the
flood related charges for the years ended December 31, 2011 and 2012:</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 5pt 0 0; text-align: right; text-indent: 0.5in">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt">
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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 34.9pt; text-align: justify">The Company&#146;s insurance policy
covers the flood damage to the building, machinery, and inventory; however, it does not cover losses incurred due to the business
disruption. The process of submitting claims to the Company&#146;s insurers was ongoing and the Company was unable to determine
of the amount of losses to be recovered from the insurance company in 2011.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 5pt 0 35pt; text-align: justify">During the year ended December 31,
2012, Siam Pacific received a letter which confirmed the settlement amount of $4.8 million (Baht 149 million) from an independent
surveyor on behalf of the insurance company. The Company recorded the compensation of $4.8 million as a component of in the consolidated
statement of operations in the year ended December 31, 2012. During the year ended December 31, 2012, Siam Pacific received payment
of $3.5 million (Baht 109 million) and Siam Pacific expected that the remaining of $1.3 million will be received within six months
after the balance sheet date and recorded as prepaid expenses and other current assets on the balance sheet.</p><span></span></td>
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                <p>The entire disclosure for any additional information related to the determination or classification of material events or transactions (that would not reasonably be expected to recur in the foreseeable future) that possesses a high degree of abnormality and are incidentally related to, the ordinary and typical activities of the entity.</p>
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                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 30<br><br> -Paragraph 26<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6365513&amp;loc=d3e15138-107781<br><br><br><br></p>
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          <div style="width: 200px;"><strong>Note 8 - BANK LOANS AND OVERDRAFTS (Tables)<br></strong></div>
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                <p>Custom Element.</p>
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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -1in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -40pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Financial instruments that potentially subject the Company to significant concentrations of credit risk consist principally of
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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -1in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -40pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Company maintains cash and cash equivalents with various financial institutions. These financial institutions are located in
Singapore, Thailand, Australia, Hong Kong and the People&#146;s Republic of China. The Company&#146;s policy is designed to limit
its exposure to any one institution. The Company performs periodic evaluations of the relative credit standing of those financial
institutions that are considered in the Company&#146;s investment strategy.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -1in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -40pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Concentrations of credit risk with respect to accounts receivable are limited due to the large number of entities comprising the
Company&#146;s customer base. The Company carefully assesses the financial strength of its customers and generally does not require
any collateral. At December 31, 2012, one Singapore subsidiary&#146;s customer accounted for 10% of the Company&#146;s accounts
receivable. The Company&#146;s exposure to credit risk arises from default of counterparty, with maximum exposure equal to the
carrying amount of these financial instruments.&#160; &#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-indent: -1in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -1.1pt">The Company is
exposed to credit loss in the event of non-performance by counter parties on foreign exchange contracts, but the Company does not
anticipate non-performance by any counter parties.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -1.1pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 70pt; text-align: justify; text-indent: -35pt">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Concentrations of customers</p>

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&#160;&#160;&#160;&#160;&#160; &#160;</p>

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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1.25in; text-align: justify; text-indent: -55pt">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Risk related to copper and supplier</p>

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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 70pt; text-align: justify">Copper is the principal raw material
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on the London Metal Exchange for copper. The price of copper is influenced heavily by global supply and demand as well as speculative
trading. Consequently, a change in the price of copper will have a direct effect on the Company&#146;s cost of sales.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 70pt; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 70pt; text-align: justify">Substantially all of the Company&#146;s
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purposes.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 71.1pt; text-align: justify; text-indent: -1.1pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1.25in; text-align: justify; text-indent: -55pt">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Foreign exchange risk</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 70.9pt; text-align: justify; text-indent: -20pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Changes in exchange rates influence the Company&#146;s results of operations. The Company&#146;s principal operations are located
in Thailand, the PRC and Singapore and a substantial portion of its revenues are denominated in Thai Baht, U.S. Dollars or Singapore
Dollars, whereas a substantial portion of the Company&#146;s cost of sales are denominated in U.S. Dollars. Any devaluation of
the Thai Baht or Singapore dollar against the US dollar would have an adverse impact on the operations of the Company.&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -1.1pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 60pt; text-align: justify; text-indent: -24pt">(f)&#160;&#160;&#160;&#160;&#160;&#160;&#160;
&#160;&#160;&#160;&#160; Current vulnerability due to certain other concentrations</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 60pt; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 70.9pt; text-align: justify">The Company conducts substantial
business operations in the PRC. The results of operations and prospects may be adversely affected by significant economic, legal
and other developments in the PRC. Although the PRC government has been pursuing economic reform policies for more than 20 years,
no assurance can be given that the PRC government will continue to pursue such policies or that such policies may not be significantly
altered, especially in the event of a change in leadership, social or political disruption or unforeseen circumstances affecting
the PRC&#146;s political, economic and social conditions. There is also no guarantee that the PRC government&#146;s pursuit of
economic reforms will be consistent or effective.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 70.9pt; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 60pt; text-align: justify; text-indent: -24pt">(g)&#160;&#160;&#160;&#160;&#160;&#160;&#160;
&#160;&#160;&#160;&#160;Concentration in the geographic area</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 60pt; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 70.9pt; text-align: justify">The Company conducts substantial
business operations in the Thailand, PRC, Singapore and Australia. See note 21 &#150; Segment Financial Information for details.</p><span></span></td>
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                <p>The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
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              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EQOAE">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Note 11 - INCOME TAXES (Details 3) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxLiabilitiesAbstract', window );"><strong>Deferred tax liabilities:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_OutsideBasisDifferences', window );">Outside basis differences</a></td>
        <td class="num">$ (2,650)<span></span></td>
        <td class="num">$ (2,172)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxLiabilities', window );">Total deferred tax liabilities</a></td>
        <td class="num">(2,650)<span></span></td>
        <td class="num">(2,172)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsGrossAbstract', window );"><strong>Deferred tax assets:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_UnusedTaxLosses', window );">Unused tax losses</a></td>
        <td class="nump">1,140<span></span></td>
        <td class="nump">1,181<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AllowanceForDoubtfulAccountsReceivable', window );">Allowance for doubtful accounts</a></td>
        <td class="nump">372<span></span></td>
        <td class="nump">682<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_InventoryImpairment1', window );">Inventory impairment</a></td>
        <td class="nump">359<span></span></td>
        <td class="nump">744<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_AllowanceForImpairmentInInvestment', window );">Allowance for impairment in investment</a></td>
        <td class="nump">913<span></span></td>
        <td class="nump">933<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherAccruedLiabilitiesCurrent', window );">Rebates and other accrued liabilities</a></td>
        <td class="nump">1,299<span></span></td>
        <td class="nump">1,980<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_UnpaidRetirementBenefits', window );">Unpaid retirement benefits</a></td>
        <td class="nump">660<span></span></td>
        <td class="nump">854<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ChargesRelatedToFlooding1', window );">Charges related to flooding</a></td>
        <td class="nump">8<span></span></td>
        <td class="nump">874<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenue', window );">Deferred revenue and cost of sales</a></td>
        <td class="nump">625<span></span></td>
        <td class="nump">320<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ActuarialDefferedGainLoss', window );">Actuarial gain (loss)</a></td>
        <td class="nump">1,045<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_UnabsorbedDepreciation', window );">Unabsorbed depreciation</a></td>
        <td class="nump">960<span></span></td>
        <td class="nump">320<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsGross', window );">Total deferred tax assets</a></td>
        <td class="nump">7,381<span></span></td>
        <td class="nump">7,568<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsValuationAllowance', window );">Valuation allowance for deferred tax assets (note 10)</a></td>
        <td class="num">(1,341)<span></span></td>
        <td class="num">(875)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsNet', window );">Total deferred tax assets</a></td>
        <td class="nump">6,040<span></span></td>
        <td class="nump">6,693<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsLiabilitiesNet', window );">Net deferred tax assets</a></td>
        <td class="nump">$ 3,390<span></span></td>
        <td class="nump">$ 4,521<span></span></td>
      </tr>
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                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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                    <td><strong> Name:</strong></td>
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                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_InventoryImpairment1</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
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        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_OutsideBasisDifferences</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                    <td><strong> Balance Type:</strong></td>
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                    <td><strong> Period Type:</strong></td>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_UnabsorbedDepreciation</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_UnpaidRetirementBenefits">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_UnpaidRetirementBenefits</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_UnusedTaxLosses">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_UnusedTaxLosses</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AllowanceForDoubtfulAccountsReceivable">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>For an unclassified balance sheet, a valuation allowance for receivables due a company that are expected to be uncollectible.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 310<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7512638&amp;loc=d3e5074-111524<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 4<br><br> -Article 5<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-03.10)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AllowanceForDoubtfulAccountsReceivable</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredRevenue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of deferred revenue as of balance sheet date. Deferred revenue represents collections of cash or other assets related to a revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 605<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SAB TOPIC 13.A.4(a).Q1 Response)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6600647&amp;loc=d3e214044-122780<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 13<br><br> -Section A<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DeferredRevenue</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsGross">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 43, 289<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32537-109319<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Deferred Tax Asset<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6510090<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DeferredTaxAssetsGross</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsGrossAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DeferredTaxAssetsGrossAbstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsLiabilitiesNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards, net of deferred tax liability attributable to taxable temporary differences.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32537-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DeferredTaxAssetsLiabilitiesNet</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (b),(c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32537-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 43<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DeferredTaxAssetsNet</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsValuationAllowance">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32537-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 43-49<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 17<br><br> -Subparagraph e<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DeferredTaxAssetsValuationAllowance</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxLiabilities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of deferred tax liability attributable to taxable temporary differences net of deferred tax asset attributable to deductible temporary differences and carryforwards after valuation allowances.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32537-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31931-109318<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DeferredTaxLiabilities</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxLiabilitiesAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
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                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DeferredTaxLiabilitiesAbstract</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
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                    <td>na</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherAccruedLiabilitiesCurrent">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying value as of the balance sheet date of obligations incurred through that date and payable arising from transactions not otherwise specified in the taxonomy. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 43<br><br> -Section A<br><br> -Paragraph 7<br><br> -Chapter 3<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.20)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 20<br><br> -Article 5<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6361293&amp;loc=d3e6911-107765<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6361293&amp;loc=d3e6935-107765<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Current Liabilities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6509677<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 9<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6361293&amp;loc=d3e7018-107765<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_OtherAccruedLiabilitiesCurrent</nobr></td>
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                  <tr>
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                    <td>us-gaap_</td>
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                    <td>xbrli:monetaryItemType</td>
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                    <td>instant</td>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0E5WAI">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>CONSOLIDATED STATEMENTS OF SHAREHOLDERS&#x2019; EQUITY (USD $)<br>In Thousands</strong></div>
        </th>
        <th class="th">
          <div>Common Stock</div>
        </th>
        <th class="th">
          <div>Additional Paid-In Capital</div>
        </th>
        <th class="th">
          <div>Retained Earnings</div>
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        <th class="th">
          <div>Accumulated Other Comprehensive (Loss) Income</div>
        </th>
        <th class="th">
          <div>Treasury Stock</div>
        </th>
        <th class="th">
          <div>Total APWC shareholders&amp;#146; equity</div>
        </th>
        <th class="th">
          <div>Noncontrolling Interest</div>
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        <th class="th">
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        <td class="nump">$ 25,908<span></span></td>
        <td class="num">$ (10,195)<span></span></td>
        <td class="nump">$ 0<span></span></td>
        <td class="nump">$ 127,392<span></span></td>
        <td class="nump">$ 55,200<span></span></td>
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        <td class="nump">14,140<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
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        <td class="nump">11,247<span></span></td>
        <td class="nump">25,387<span></span></td>
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        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">11,481<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">11,481<span></span></td>
        <td class="nump">6,252<span></span></td>
        <td class="nump">17,733<span></span></td>
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        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">181<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">181<span></span></td>
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        <td class="nump">138<span></span></td>
        <td class="nump">111,541<span></span></td>
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        <td class="nump">1,286<span></span></td>
        <td class="nump">0<span></span></td>
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        <td class="nump">72,518<span></span></td>
        <td class="nump">225,712<span></span></td>
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        <td class="text">&nbsp;&nbsp;<span></span></td>
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        <td class="num">(5,439)<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
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        <td class="nump">2,355<span></span></td>
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        <td class="text">&nbsp;&nbsp;<span></span></td>
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        <td class="num">(1,000)<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="num">(1,000)<span></span></td>
        <td class="num">(2,795)<span></span></td>
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        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
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        <td class="nump">138<span></span></td>
        <td class="nump">111,541<span></span></td>
        <td class="nump">34,545<span></span></td>
        <td class="nump">286<span></span></td>
        <td class="nump">0<span></span></td>
        <td class="nump">146,510<span></span></td>
        <td class="nump">68,179<span></span></td>
        <td class="nump">214,689<span></span></td>
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        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="num">(6)<span></span></td>
        <td class="num">(6)<span></span></td>
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        <td class="num">(6)<span></span></td>
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        <td class="nump">10,949<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">10,949<span></span></td>
        <td class="nump">7,961<span></span></td>
        <td class="nump">18,910<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossTax', window );">Other comprehensive income</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">5,138<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">5,138<span></span></td>
        <td class="num">(176)<span></span></td>
        <td class="nump">4,962<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_IncreaseInShareholdingInSubsidiary', window );">Increase in shareholding in a subsidiary</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="num">(933)<span></span></td>
        <td class="nump">59<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="num">(874)<span></span></td>
        <td class="num">(3)<span></span></td>
        <td class="num">(877)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_DisposalOfSubsidiary', window );">Disposal of a subsidiary</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsToMinorityShareholders', window );">Dividend paid to noncontrolling shareholders of subsidiaries</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="num">(3,067)<span></span></td>
        <td class="num">(3,067)<span></span></td>
      </tr>
      <tr class="rc">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest', window );">Ending Balance, Amount at Dec. 31, 2012</a></td>
        <td class="nump">$ 138<span></span></td>
        <td class="nump">$ 110,608<span></span></td>
        <td class="nump">$ 45,553<span></span></td>
        <td class="nump">$ 5,424<span></span></td>
        <td class="num">$ (6)<span></span></td>
        <td class="nump">$ 161,717<span></span></td>
        <td class="nump">$ 72,894<span></span></td>
        <td class="nump">$ 234,611<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_DisposalOfSubsidiary">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_DisposalOfSubsidiary</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_IncreaseInShareholdingInSubsidiary">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>No authoritative reference available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_IncreaseInShareholdingInSubsidiary</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_NetIncomeLossInOperation">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_NetIncomeLossInOperation</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeLossTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tax effect of other comprehensive income (loss) attributable to both parent entity and noncontrolling interest.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=20435746&amp;loc=d3e640-108580<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 31<br><br> -Article 5<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 12<br><br> -Paragraph 10<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 130<br><br> -Paragraph 24<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 36<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 11<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=18498875&amp;loc=d3e39076-109324<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph c(3)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_OtherComprehensiveIncomeLossTax</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsToMinorityShareholders">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash outflow to return capital to noncontrolled interest, which generally occurs when noncontrolling shareholders reduce their ownership stake (in a subsidiary of the entity). This element does not include dividends paid to noncontrolling shareholders.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 20<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Financing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 18<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 15<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3291-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PaymentsToMinorityShareholders</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 16<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7656940&amp;loc=SL4568740-111683<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph A3<br><br> -Appendix A<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 26<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 55<br><br> -Paragraph 4I<br><br> -URI http://asc.fasb.org/extlink&amp;oid=18733213&amp;loc=SL4590271-111686<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 15<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7656940&amp;loc=SL4568447-111683<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 25<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TreasuryStockValueAcquiredCostMethod">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Equity impact of the cost of common and preferred stock that were repurchased during the period. Recorded using the cost method.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.3-04)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6959260&amp;loc=d3e187085-122770<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6405813&amp;loc=d3e23239-112655<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 12<br><br> -Paragraph 10<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 43<br><br> -Section B<br><br> -Paragraph 7<br><br> -Subparagraph b<br><br> -Chapter 1<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_TreasuryStockValueAcquiredCostMethod</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
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  <head>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EMMAC">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)<br>In Thousands, except Share data, unless otherwise specified</strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsAbstract', window );"><strong>ASSETS</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent', window );">Allowance for doubtful accounts</a></td>
        <td class="nump">$ 2,580<span></span></td>
        <td class="nump">$ 4,614<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract', window );"><strong>APWC shareholders' equity (note 9):</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockParOrStatedValuePerShare', window );">Common stock, par value</a></td>
        <td class="nump">$ 0.01<span></span></td>
        <td class="nump">$ 0.01<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesAuthorized', window );">Common stock, Authorized</a></td>
        <td class="nump">50,000,000<span></span></td>
        <td class="nump">50,000,000<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesIssued', window );">Common stock, Issued</a></td>
        <td class="nump">13,830,769<span></span></td>
        <td class="nump">13,830,769<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesOutstanding', window );">Common stock, outstanding</a></td>
        <td class="nump">13,828,869<span></span></td>
        <td class="nump">13,828,869<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockShares', window );">Treasury shares</a></td>
        <td class="nump">1,900<span></span></td>
        <td class="nump">1,900<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent">
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>A valuation allowance for trade and other receivables due to an Entity within one year (or the normal operating cycle, whichever is longer) that are expected to be uncollectible.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 310<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7512638&amp;loc=d3e5074-111524<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 4<br><br> -Article 5<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.4)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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                    <td><strong> Name:</strong></td>
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                    <td><strong> Data Type:</strong></td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
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                    <td><nobr>us-gaap_AssetsAbstract</nobr></td>
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                    <td>xbrli:stringItemType</td>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Face amount or stated value of common stock per share; generally not indicative of the fair market value per share.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 129<br><br> -Paragraph 4<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.29)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 30<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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                    <td><strong> Name:</strong></td>
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                    <td>num:perShareItemType</td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The maximum number of common shares permitted to be issued by an entity's charter and bylaws.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.29)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 30<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CommonStockSharesAuthorized</nobr></td>
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                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                    <td>instant</td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.29)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 30<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CommonStockSharesIssued</nobr></td>
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                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.3-04)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6959260&amp;loc=d3e187085-122770<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.29)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 12<br><br> -Paragraph 10<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 30<br><br> -Article 5<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
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                    <td>na</td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                    <td>duration</td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TreasuryStockShares">
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of common and preferred shares that were previously issued and that were repurchased by the issuing entity and held in treasury on the financial statement date. This stock has no voting rights and receives no dividends.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.28,29)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29, 30<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 9 - EARNINGS (LOSS) PER SHARE<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_NotesToFinancialStatementsAbstract', window );"><strong>Notes to Financial Statements</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareTextBlock', window );">EARNINGS (LOSS) PER SHARE</a></td>
        <td class="text"><p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 34.5pt; text-align: justify"><font style="font-size: 8pt">The
Company computes earnings (loss) per share in accordance with ASC 260<i> &#147;Earning Per Share</i>&#148;. Basic net earnings
(loss) per share is computed by dividing net income (loss) by the weighted-average number of common shares outstanding during
the period. Diluted net earnings (loss) per share is computed by dividing net income (loss) by the sum of the weighted-average
number of common shares outstanding and if dilutive, the potential common shares outstanding during the period. The treasury stock
transaction resulted in an immediate reduction in outstanding shares used to calculate the weighted-average common shares outstanding
for both basic and diluted earnings (loss) per share. Up to December 31, 2012, the Company had repurchased 1,900 shares.</font></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 71pt; text-align: justify; text-indent: -0.5in"><font style="font-size: 8pt">&#160;</font></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify"><font style="font-size: 8pt">The following
table sets forth the computation of basic and diluted earnings (loss) attributable to common shareholders per share:</font></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><font style="font-size: 8pt">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt">
<tr>
    <td nowrap="nowrap"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" colspan="5" style="text-align: center"><font style="font-size: 8pt">Year ended December 31,</font></td></tr>
<tr>
    <td nowrap="nowrap" style="width: 46%"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" style="width: 2%"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" style="width: 16%; border-bottom: windowtext 1pt solid; text-align: center"><font style="font-size: 8pt; color: black">2010</font></td>
    <td nowrap="nowrap" style="width: 2%; text-align: center"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" style="width: 16%; border-bottom: windowtext 1pt solid; text-align: center"><font style="font-size: 8pt; color: black">2011</font></td>
    <td nowrap="nowrap" style="width: 2%; text-align: center"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" style="width: 16%; border-bottom: windowtext 1pt solid; text-align: center"><font style="font-size: 8pt; color: black">2012</font></td></tr>
<tr>
    <td><font style="font-size: 8pt; color: black">Numerator:</font></td>
    <td nowrap="nowrap"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap"><font style="font-size: 8pt">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
    <td><font style="font-size: 8pt; color: black">Income (loss) attributable to APWC from continuing operations</font></td>
    <td nowrap="nowrap"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt; color: black">$ 14,142 </font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt; color: black">$ (6,832)</font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt; color: black">$ 10,949</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font-size: 8pt; color: black">Income (loss) attributable to APWC from discontinued operations</font></td>
    <td nowrap="nowrap"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt; color: black">(2)</font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt; color: black">1,393 </font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font: 8pt Courier New, Courier, Monospace">&#150;&#160;</font><font style="color: black">
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
    <td><font style="font-size: 8pt; color: black">Net income (loss) attributable to APWC</font></td>
    <td nowrap="nowrap"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" style="border-top: windowtext 1pt solid; border-bottom: windowtext 2.25pt double; text-align: right"><font style="font-size: 8pt; color: black">$
    14,140 </font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" style="border-top: windowtext 1pt solid; border-bottom: windowtext 2.25pt double; text-align: right"><font style="font-size: 8pt; color: black">$
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    <td nowrap="nowrap" style="border-top: windowtext 1pt solid; border-bottom: windowtext 2.25pt double; text-align: right"><font style="font-size: 8pt; color: black">$
    10,949</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font-size: 8pt; color: black">Denominator (in number of shares):</font></td>
    <td nowrap="nowrap"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt">&#160;</font></td>
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<tr style="vertical-align: bottom; background-color: #CCEEFF">
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    <td nowrap="nowrap"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt; color: black">13,830,769 </font></td>
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    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt; color: black">13,830,769 </font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt; color: black">13,830,751 </font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font-size: 8pt; color: black"><b>Earnings (loss) per share - basic and diluted</b></font></td>
    <td nowrap="nowrap"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt">&#160;</font></td></tr>
<tr style="background-color: #CCEEFF">
    <td style="text-align: justify"><font style="font-size: 8pt; color: black">Continuing operations</font></td>
    <td nowrap="nowrap" style="text-align: justify"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt; color: black">$ 1.02 </font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt; color: black">$ (0.49)</font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt; color: black">$ 0.79</font></td></tr>
<tr>
    <td style="text-align: justify"><font style="font-size: 8pt; color: black">Discontinued operations</font></td>
    <td nowrap="nowrap" style="text-align: justify"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font: 8pt Courier New, Courier, Monospace">&#150;</font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt; color: black">0.10 </font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font: 8pt Courier New, Courier, Monospace">&#150;</font></td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
    <td><font style="font-size: 8pt; color: black">Total earnings (loss) per share - basic and diluted </font></td>
    <td nowrap="nowrap"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" style="border-top: windowtext 1pt solid; border-bottom: windowtext 2.25pt double; text-align: right"><font style="font-size: 8pt; color: black">$
    1.02 </font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" style="border-top: windowtext 1pt solid; border-bottom: windowtext 2.25pt double; text-align: right"><font style="font-size: 8pt; color: black">$
    (0.39)</font></td>
    <td nowrap="nowrap" style="text-align: right"><font style="font-size: 8pt">&#160;</font></td>
    <td nowrap="nowrap" style="border-top: windowtext 1pt solid; border-bottom: windowtext 2.25pt double; text-align: right"><font style="font-size: 8pt; color: black">$
    0.79</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font-size: 8pt">&#160;</font></p>

<p style="margin-top: 0; margin-bottom: 0"><font style="font-size: 8pt">Income (Loss) from continuing operations attributable to
non controlling interests are $ 11,249, $ 2,902, $7,961, for the years ended December 31, 2010, 2011 and 2012 respectively.</font></p><span></span></td>
      </tr>
    </table>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for earnings per share.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7655603&amp;loc=d3e1252-109256<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 55<br><br> -Paragraph 52<br><br> -URI http://asc.fasb.org/extlink&amp;oid=16381557&amp;loc=d3e4984-109258<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7655603&amp;loc=d3e1278-109256<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 128<br><br> -Paragraph 40<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.21)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                    <td><nobr>us-gaap_EarningsPerShareTextBlock</nobr></td>
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  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EHXAE">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Note 21 -SEGMENT FINANCIAL INFORMATION (Details 2) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2010</div>
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      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NoncurrentAssets', window );">Long-lived assets</a></td>
        <td class="nump">$ 50,396<span></span></td>
        <td class="nump">$ 42,914<span></span></td>
        <td class="nump">$ 52,702<span></span></td>
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      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Thailand</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NoncurrentAssets', window );">Long-lived assets</a></td>
        <td class="nump">23,360<span></span></td>
        <td class="nump">19,894<span></span></td>
        <td class="nump">27,926<span></span></td>
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      <tr class="rh">
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          <div class="a">Singapore</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NoncurrentAssets', window );">Long-lived assets</a></td>
        <td class="nump">10,474<span></span></td>
        <td class="nump">10,339<span></span></td>
        <td class="nump">8,987<span></span></td>
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      <tr class="rh">
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        <td class="nump">3,520<span></span></td>
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      <tr class="rh">
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          <div class="a">ThePeoplesRepublicOfChinaMember</div>
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      <tr class="re">
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        <td class="nump">10,487<span></span></td>
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        <td class="nump">12,261<span></span></td>
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      <tr class="rh">
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        <td class="text">&#xA0;<span></span></td>
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      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NoncurrentAssets', window );">Long-lived assets</a></td>
        <td class="nump">$ 40<span></span></td>
        <td class="nump">$ 62<span></span></td>
        <td class="nump">$ 8<span></span></td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NoncurrentAssets">
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 131<br><br> -Paragraph 38<br><br> -Subparagraph b(1)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_NoncurrentAssets</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>77
<FILENAME>R91.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <link rel="StyleSheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script></head>
  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ERBCI">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 21 -SEGMENT FINANCIAL INFORMATION (Details) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2010</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RevenuesFromExternalCustomers', window );">Revenues from external customers</a></td>
        <td class="nump">$ 462,265<span></span></td>
        <td class="nump">$ 471,946<span></span></td>
        <td class="nump">$ 446,594<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RevenuesFromTransactionsWithOtherOperatingSegmentsOfSameEntity', window );">Revenues from Intersegment revenues</a></td>
        <td class="nump">12,449<span></span></td>
        <td class="nump">17,243<span></span></td>
        <td class="nump">13,041<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_TotalSegmentRevenues', window );">Total segment revenues</a></td>
        <td class="nump">474,714<span></span></td>
        <td class="nump">489,189<span></span></td>
        <td class="nump">459,635<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_EliminationOfIntersegmentRevenues', window );">Elimination of intersegment revenues</a></td>
        <td class="num">(12,449)<span></span></td>
        <td class="num">(17,243)<span></span></td>
        <td class="num">(13,041)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationRevenue', window );">Total revenues</a></td>
        <td class="nump">462,265<span></span></td>
        <td class="nump">471,946<span></span></td>
        <td class="nump">446,594<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_SegmentProfitLoss', window );">Segment profit (loss)</a></td>
        <td class="nump">51,815<span></span></td>
        <td class="nump">43,895<span></span></td>
        <td class="nump">57,023<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_InventoryImpairment', window );">Inventory impairment</a></td>
        <td class="num">(4,804)<span></span></td>
        <td class="nump">1,993<span></span></td>
        <td class="num">(1,974)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_CorporateAndOtherExpenses', window );">Corporate and other expenses</a></td>
        <td class="num">(33,382)<span></span></td>
        <td class="num">(42,079)<span></span></td>
        <td class="num">(28,371)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ExchangeGainLoss', window );">Exchange gain (loss)</a></td>
        <td class="nump">2,226<span></span></td>
        <td class="num">(1,346)<span></span></td>
        <td class="nump">3,041<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_RecoveryOfLossFromFlooding', window );">Recovery of loss from flooding</a></td>
        <td class="nump">4,762<span></span></td>
        <td class="nump">0<span></span></td>
        <td class="nump">0<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_GainOnLiquidationOfSubsidiary', window );">Gain on liquidation of a subsidiary</a></td>
        <td class="nump">279<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NoninterestIncome', window );">Interest income</a></td>
        <td class="nump">1,555<span></span></td>
        <td class="nump">1,409<span></span></td>
        <td class="nump">492<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NoninterestExpense', window );">Interest expense</a></td>
        <td class="num">(2,197)<span></span></td>
        <td class="num">(2,217)<span></span></td>
        <td class="num">(1,364)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherNoninterestExpense', window );">Other income</a></td>
        <td class="nump">6,746<span></span></td>
        <td class="nump">1,032<span></span></td>
        <td class="nump">1,032<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_IncomeFromContinuingOperationsBeforeIncomeTaxes', window );">Income from continuing operations before income taxes</a></td>
        <td class="nump">26,742<span></span></td>
        <td class="nump">636<span></span></td>
        <td class="nump">31,832<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_SegmentAssets', window );">Segment assets</a></td>
        <td class="nump">379,060<span></span></td>
        <td class="nump">331,686<span></span></td>
        <td class="nump">383,188<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_CorporateAndOtherAssets', window );">Corporate and other assets</a></td>
        <td class="nump">5,910<span></span></td>
        <td class="nump">1,168<span></span></td>
        <td class="nump">493<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_InvestmentInEquityInvesteeCompanies', window );">Investment in equity investee companies</a></td>
        <td class="nump">4,414<span></span></td>
        <td class="nump">4,435<span></span></td>
        <td class="nump">3,242<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_TotalAssets', window );">Total assets</a></td>
        <td class="nump">389,384<span></span></td>
        <td class="nump">337,289<span></span></td>
        <td class="nump">386,923<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ExpendituresForAdditionsToLonglivedAssets', window );">Expenditures for additions to long-lived assets</a></td>
        <td class="nump">10,187<span></span></td>
        <td class="nump">8,888<span></span></td>
        <td class="nump">3,653<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Depreciation', window );">Depreciation expenses</a></td>
        <td class="nump">4,975<span></span></td>
        <td class="nump">6,462<span></span></td>
        <td class="nump">6,857<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_DepreciationExpensesOfContinuingOperations', window );">Depreciation expenses of continuing operations</a></td>
        <td class="num">(4,975)<span></span></td>
        <td class="num">(6,066)<span></span></td>
        <td class="num">(6,488)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_DepreciationExpensesOfDiscontinuedOperations', window );">Depreciation expenses of discontinued operations</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="num">(396)<span></span></td>
        <td class="num">(369)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DepreciationDepletionAndAmortization', window );">Total depreciation expenses</a></td>
        <td class="num">(4,975)<span></span></td>
        <td class="num">(6,462)<span></span></td>
        <td class="num">(6,857)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf', window );">Impairment loss of long-lived assets and goodwill</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="num">(8,816)<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_InterestIncomeOfContinuingOperations', window );">Interest income of continuing operations</a></td>
        <td class="nump">1,555<span></span></td>
        <td class="nump">1,409<span></span></td>
        <td class="nump">492<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_InterestExpenseOfContinuingOperations', window );">Interest expense of continuing operations</a></td>
        <td class="num">(2,195)<span></span></td>
        <td class="num">(2,217)<span></span></td>
        <td class="num">(1,364)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ShareOfNetLossOfEquityInvestees1', window );">Share of net loss of equity investees</a></td>
        <td class="num">(21)<span></span></td>
        <td class="num">(58)<span></span></td>
        <td class="num">(21)<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Manufactured products [Member]</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RevenuesFromExternalCustomers', window );">Revenues from external customers</a></td>
        <td class="nump">401,023<span></span></td>
        <td class="nump">429,474<span></span></td>
        <td class="nump">396,059<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RevenuesFromTransactionsWithOtherOperatingSegmentsOfSameEntity', window );">Revenues from Intersegment revenues</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">3,283<span></span></td>
        <td class="nump">3,143<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_SegmentProfitLoss', window );">Segment profit (loss)</a></td>
        <td class="nump">44,665<span></span></td>
        <td class="nump">42,876<span></span></td>
        <td class="nump">53,429<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_SegmentAssets', window );">Segment assets</a></td>
        <td class="nump">362,092<span></span></td>
        <td class="nump">326,960<span></span></td>
        <td class="nump">374,634<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ExpendituresForAdditionsToLonglivedAssets', window );">Expenditures for additions to long-lived assets</a></td>
        <td class="nump">10,172<span></span></td>
        <td class="nump">8,775<span></span></td>
        <td class="nump">3,650<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Depreciation', window );">Depreciation expenses</a></td>
        <td class="num">(4,918)<span></span></td>
        <td class="num">(6,014)<span></span></td>
        <td class="num">(6,474)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf', window );">Impairment loss of long-lived assets and goodwill</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="num">(8,816)<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_InterestIncomeOfContinuingOperations', window );">Interest income of continuing operations</a></td>
        <td class="nump">1,421<span></span></td>
        <td class="nump">1,305<span></span></td>
        <td class="nump">454<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_InterestExpenseOfContinuingOperations', window );">Interest expense of continuing operations</a></td>
        <td class="num">(2,017)<span></span></td>
        <td class="num">(2,050)<span></span></td>
        <td class="num">(1,203)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ShareOfNetLossOfEquityInvestees1', window );">Share of net loss of equity investees</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Distributed products [Member]</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RevenuesFromExternalCustomers', window );">Revenues from external customers</a></td>
        <td class="nump">54,797<span></span></td>
        <td class="nump">25,500<span></span></td>
        <td class="nump">26,935<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RevenuesFromTransactionsWithOtherOperatingSegmentsOfSameEntity', window );">Revenues from Intersegment revenues</a></td>
        <td class="nump">12,449<span></span></td>
        <td class="nump">13,960<span></span></td>
        <td class="nump">9,898<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_SegmentProfitLoss', window );">Segment profit (loss)</a></td>
        <td class="nump">3,361<span></span></td>
        <td class="nump">2,955<span></span></td>
        <td class="nump">1,378<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_SegmentAssets', window );">Segment assets</a></td>
        <td class="nump">16,711<span></span></td>
        <td class="nump">4,369<span></span></td>
        <td class="nump">8,195<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ExpendituresForAdditionsToLonglivedAssets', window );">Expenditures for additions to long-lived assets</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Depreciation', window );">Depreciation expenses</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf', window );">Impairment loss of long-lived assets and goodwill</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_InterestIncomeOfContinuingOperations', window );">Interest income of continuing operations</a></td>
        <td class="nump">65<span></span></td>
        <td class="nump">81<span></span></td>
        <td class="nump">27<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_InterestExpenseOfContinuingOperations', window );">Interest expense of continuing operations</a></td>
        <td class="num">(120)<span></span></td>
        <td class="num">(88)<span></span></td>
        <td class="num">(73)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ShareOfNetLossOfEquityInvestees1', window );">Share of net loss of equity investees</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Supply, delivery and installation of wires and cables</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RevenuesFromExternalCustomers', window );">Revenues from external customers</a></td>
        <td class="nump">6,445<span></span></td>
        <td class="nump">16,972<span></span></td>
        <td class="nump">23,600<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_SegmentProfitLoss', window );">Segment profit (loss)</a></td>
        <td class="num">(1,015)<span></span></td>
        <td class="nump">57<span></span></td>
        <td class="nump">242<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_SegmentAssets', window );">Segment assets</a></td>
        <td class="nump">257<span></span></td>
        <td class="nump">357<span></span></td>
        <td class="nump">359<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ExpendituresForAdditionsToLonglivedAssets', window );">Expenditures for additions to long-lived assets</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Depreciation', window );">Depreciation expenses</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf', window );">Impairment loss of long-lived assets and goodwill</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_InterestIncomeOfContinuingOperations', window );">Interest income of continuing operations</a></td>
        <td class="nump">1<span></span></td>
        <td class="nump">3<span></span></td>
        <td class="nump">11<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_InterestExpenseOfContinuingOperations', window );">Interest expense of continuing operations</a></td>
        <td class="num">(11)<span></span></td>
        <td class="num">(39)<span></span></td>
        <td class="num">(39)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ShareOfNetLossOfEquityInvestees1', window );">Share of net loss of equity investees</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Corporate</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ExpendituresForAdditionsToLonglivedAssets', window );">Expenditures for additions to long-lived assets</a></td>
        <td class="nump">15<span></span></td>
        <td class="nump">113<span></span></td>
        <td class="nump">3<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Depreciation', window );">Depreciation expenses</a></td>
        <td class="num">(57)<span></span></td>
        <td class="num">(52)<span></span></td>
        <td class="num">(14)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf', window );">Impairment loss of long-lived assets and goodwill</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_InterestIncomeOfContinuingOperations', window );">Interest income of continuing operations</a></td>
        <td class="nump">68<span></span></td>
        <td class="nump">20<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_InterestExpenseOfContinuingOperations', window );">Interest expense of continuing operations</a></td>
        <td class="num">(47)<span></span></td>
        <td class="num">(40)<span></span></td>
        <td class="num">(49)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ShareOfNetLossOfEquityInvestees1', window );">Share of net loss of equity investees</a></td>
        <td class="num">$ (21)<span></span></td>
        <td class="num">$ (58)<span></span></td>
        <td class="num">$ (21)<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_CorporateAndOtherAssets">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Inventory impairment</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_CorporateAndOtherAssets</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_CorporateAndOtherExpenses">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Land use rights</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_CorporateAndOtherExpenses</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_DepreciationExpensesOfContinuingOperations">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sales, delivery and installation of wires and cables</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_DepreciationExpensesOfContinuingOperations</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_DepreciationExpensesOfDiscontinuedOperations">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Unrestricted Short-term bank deposits (note 5)</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_DepreciationExpensesOfDiscontinuedOperations</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_EliminationOfIntersegmentRevenues">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_EliminationOfIntersegmentRevenues</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_ExchangeGainLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_ExchangeGainLoss</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_ExpendituresForAdditionsToLonglivedAssets">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_ExpendituresForAdditionsToLonglivedAssets</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_GainOnLiquidationOfSubsidiary">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_GainOnLiquidationOfSubsidiary</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_IncomeFromContinuingOperationsBeforeIncomeTaxes">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_IncomeFromContinuingOperationsBeforeIncomeTaxes</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_InterestExpenseOfContinuingOperations">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_InterestExpenseOfContinuingOperations</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_InterestIncomeOfContinuingOperations">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_InterestIncomeOfContinuingOperations</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_InventoryImpairment">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Inventory impairment</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_InventoryImpairment</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_InvestmentInEquityInvesteeCompanies">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_InvestmentInEquityInvesteeCompanies</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_RecoveryOfLossFromFlooding">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_RecoveryOfLossFromFlooding</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_SegmentAssets">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_SegmentAssets</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_SegmentProfitLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_SegmentProfitLoss</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_ShareOfNetLossOfEquityInvestees1">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_ShareOfNetLossOfEquityInvestees1</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_TotalAssets">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_TotalAssets</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_TotalSegmentRevenues">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_TotalSegmentRevenues</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Depreciation">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 12<br><br> -Paragraph 5<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_Depreciation</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DepreciationDepletionAndAmortization">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DepreciationDepletionAndAmortization</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The aggregate amount of write-downs for impairments recognized during the period for long-lived assets held for abandonment, exchange or sale.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 360<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 15<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8077374&amp;loc=d3e2611-110228<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 144<br><br> -Paragraph 27, 28, 29, 30<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NoninterestExpense">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total aggregate amount of all noninterest expense.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-04.14)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher OTS<br><br> -Name Federal Regulation (FR)<br><br> -Number Title 12<br><br> -Section 563c.102<br><br> -Paragraph 14<br><br> -Chapter V<br><br> -Subsection II<br><br> -LegacyDoc This is a non-GAAP reference that was included in the 2009 taxonomy.  It will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 14<br><br> -Article 9<br><br><br><br></p>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The total amount of noninterest income which may be derived from: (1) fees and commissions; (2) premiums earned; (3) insurance policy charges; (4) the sale or disposal of assets; and (5) other sources not otherwise specified.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-04.13)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 13<br><br> -Article 9<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher OTS<br><br> -Name Federal Regulation (FR)<br><br> -Number Title 12<br><br> -Section 563c.102<br><br> -Paragraph 13<br><br> -Chapter V<br><br> -Subsection II<br><br> -LegacyDoc This is a non-GAAP reference that was included in the 2009 taxonomy.  It will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_NoninterestIncome</nobr></td>
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          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Other noninterest expenses that are not separately presented in any other noninterest expense category.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-04.14)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br><br><br></p>
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                <table border="0" cellpadding="0" cellspacing="0">
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                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_OtherNoninterestExpense</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RevenuesFromExternalCustomers">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of revenue from external customers for the reportable segment. Such disclosure is presented if the amount is: (a) included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 131<br><br> -Paragraph 27<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_RevenuesFromExternalCustomers</nobr></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of revenue from transactions with other operating segments of the same entity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 131<br><br> -Paragraph 27<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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                    <td><strong> Name:</strong></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of total revenue for the reportable segments, including revenue from external customers, transactions with other operating segments of the same entity, and (gross) interest revenue. All considered to be "operating revenue" for purposes of the taxonomy.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 280<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 22<br><br> -Subparagraph (a),(b),(c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6534315&amp;loc=d3e8736-108599<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 131<br><br> -Paragraph 27<br><br> -Subparagraph a, b, c<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0E5NAC">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This is focus fiscal period of the document report. For a first quarter 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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                    <td><strong> Name:</strong></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                    <td><strong> Name:</strong></td>
                    <td><nobr>dei_DocumentPeriodEndDate</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
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                    <td>xbrli:dateItemType</td>
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                <p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word "Other".</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation 12B<br><br> -Number 240<br><br> -Section 12b<br><br> -Subsection 1<br><br><br><br></p>
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                  <tr>
                    <td><strong> Name:</strong></td>
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                <p>Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Indicate "Yes" or "No" whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>dei_EntityCurrentReportingStatus</nobr></td>
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                <p>Indicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, (4) Smaller Reporting Company (Non-accelerated) or (5) Smaller Reporting Accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.</p>
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                <p>No definition available.</p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation 12B<br><br> -Number 240<br><br> -Section 12b<br><br> -Subsection 1<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Indicate "Yes" or "No" if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Indicate "Yes" or "No" if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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          <div style="width: 200px;"><strong>Note 10 - VALUATION AND QUALIFYING ACCOUNTS<br></strong></div>
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        <th class="th" colspan="1">12 Months Ended</th>
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          <div>Dec. 31, 2012</div>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_NotesToFinancialStatementsAbstract', window );"><strong>Notes to Financial Statements</strong></a></td>
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    <td style="width: 40%; text-align: center"><font style="font-size: 8pt"><u>Description</u></font></td>
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        <p style="font: 8pt Times New Roman, Times, Serif; margin: 0 5pt 0 0; text-align: center; text-indent: 0.5in">&#160;</p>
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    <td style="text-align: right"><font style="font-size: 8pt">$ (1,317)</font></td>
    <td style="text-align: right"><font style="font-size: 8pt">$ (1,063)</font></td>
    <td style="text-align: right"><font style="font-size: 8pt">$ 572</font></td>
    <td style="text-align: right"><font style="font-size: 8pt">$ 6,886</font></td></tr>
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<tr style="vertical-align: top">
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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify">During 2010, the Company exercised
rigorous controls over raw-material inventory and through long-term copper future contacts reduced its exposure to the fluctuations
in market prices for copper, which resulted in a significant reduction in the inventory impairment.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify">During 2011, the decrease in commodity
prices, including that of copper, resulted in a write-down of the cost of inventories as of December 31, 2011. Copper prices on
the London Metal Exchange (the &#147;LME&#148;) fell from an average monthly price high of $9,555 in January 2011 to $7,657 in
December 2011. As a result, inventory write-down to market of $1,725 was charged to cost of sales for the year ended December 31,
2011.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify">During 2011, the Company recorded an
impairment charge of $3,572 related to flooding in Thailand, and most of the damaged inventories were sold in 2012 (note 15).</p>

<p style="font: 8pt Courier New, Courier, Monospace; margin: 0 0 0 35pt; text-align: justify; text-indent: -35pt">&#160;&#160;&#160;&#160;&#160;&#160;
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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify">During 2012, copper price on the LME
gradually rose to an average yearly price of $7,950. Therefore, the Company was able to sell its finished goods above the new cost
basis after taking into account the impairment in the prior years.</p><span></span></td>
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              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 09<br><br> -Article 12<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6881521&amp;loc=d3e24092-122690<br><br><br><br></p>
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          <div style="width: 200px;"><strong>Note 15 - FLOODING IN THAILAND (Details) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
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                <p>The aggregate costs of keeping the property in good condition but that do not appreciably prolong the life or increase the value of the property.</p>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Charge to cost of goods sold that represents the reduction of the carrying amount of inventory, generally attributable to obsolescence or market conditions.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Concepts (CON)<br><br> -Number 6<br><br> -Paragraph 86<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 43<br><br> -Section 7<br><br> -Paragraph 14<br><br> -Chapter 4<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 330<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6386783&amp;loc=d3e4542-108314<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_InventoryWriteDown</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherAssetImpairmentCharges">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The charge against earnings resulting from the write down of long lived assets other than goodwill due to the difference between the carrying value and lower fair value.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 360<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6391110&amp;loc=d3e2921-110230<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_OtherAssetImpairmentCharges</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProductionRelatedImpairmentsOrCharges">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Nonrecurring impairment charges related to the write-off of production-related equipment and inventory. This tag is used when an Entity charges this cost to cost of goods sold.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.2(a))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ProductionRelatedImpairmentsOrCharges</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
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<DOCUMENT>
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<DESCRIPTION>IDEA: XBRL DOCUMENT
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<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <link rel="StyleSheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script></head>
  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EUAAE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 20 - DISCONTINUED OPERATIONS (Details 1) (Related Party, USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2010</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2009</div>
        </th>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Related Party</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_PurchasesOfGoods', window );">Purchases of goods from Shandong Yanggu</a></td>
        <td class="nump">$ 317<span></span></td>
        <td class="nump">$ 17<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SalesRevenueGoodsGross', window );">Sales to Shandong Yanggu</a></td>
        <td class="nump">536<span></span></td>
        <td class="nump">96<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_SalesRevenueGoodsGross1', window );">Sales to SPRC</a></td>
        <td class="nump">157<span></span></td>
        <td class="nump">160<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestExpenseOther', window );">Interest expense paid to Shandong Yanggu</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">63<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ManagementFeeAmountPaid', window );">Management fee paid to Shandong Yanggu</a></td>
        <td class="nump">$ 387<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_PurchasesOfGoods">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_PurchasesOfGoods</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_SalesRevenueGoodsGross1">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_SalesRevenueGoodsGross1</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestExpenseOther">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Interest expense on all other items not previously classified. For example, includes dividends associated with redeemable preferred stock of a subsidiary that is treated as a liability in the parent's consolidated balance sheet.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Statement of Position (SOP)<br><br> -Number 01-6<br><br> -Paragraph 14<br><br> -Subparagraph l<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Audit and Accounting Guide (AAG)<br><br> -Number AAG-BRD<br><br> -Paragraph 55<br><br> -IssueDate 2006-05-01<br><br> -Chapter 4<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher OTS<br><br> -Name Federal Regulation (FR)<br><br> -Number Title 12<br><br> -Section 563c.102<br><br> -Paragraph 6<br><br> -Chapter V<br><br> -Subsection II<br><br> -LegacyDoc This is a non-GAAP reference that was included in the 2009 taxonomy.  It will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_InterestExpenseOther</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ManagementFeeAmountPaid">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount paid to managing member or general partner for management of the day-to-day business functions of the limited liability company (LLC) or limited partnership (LP).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 850<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6457730&amp;loc=d3e39549-107864<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ManagementFeeAmountPaid</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SalesRevenueGoodsGross">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate revenue during the period from sale of goods in the normal course of business, before deducting returns, allowances and discounts.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.1(a))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 1<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_SalesRevenueGoodsGross</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
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</html>
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<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <link rel="StyleSheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script></head>
  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ECWBG">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)<br>In Thousands, except Share data, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2010</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SalesRevenueNetAbstract', window );"><strong>Net sales</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RevenueOtherManufacturedProducts', window );">Manufactured products (including sales to related parties amounting to $3,806, $3,669 and $2,668 for the years ended December 31, 2010, 2011 and 2012, respectively (note 18)</a></td>
        <td class="nump">$ 401,023<span></span></td>
        <td class="nump">$ 429,474<span></span></td>
        <td class="nump">$ 396,059<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SalesRevenueGoodsNet', window );">Distributed products</a></td>
        <td class="nump">54,797<span></span></td>
        <td class="nump">25,500<span></span></td>
        <td class="nump">26,935<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_SupplyDeliveryAndInstallationOfWiresAndCables', window );">Supply, delivery and installation of wires and cables</a></td>
        <td class="nump">6,445<span></span></td>
        <td class="nump">16,972<span></span></td>
        <td class="nump">23,600<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SalesRevenueNet', window );">Net sales, total</a></td>
        <td class="nump">462,265<span></span></td>
        <td class="nump">471,946<span></span></td>
        <td class="nump">446,594<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CostOfRevenueAbstract', window );"><strong>Costs of sales</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CostOfOtherManufacturedProducts', window );">Manufactured products (including purchases from related parties amounting to $45,925, $46,953 and $23,857 for the years ended December 31, 2010, 2011 and 2012, respectively (note 18)</a></td>
        <td class="num">(356,358)<span></span></td>
        <td class="num">(386,598)<span></span></td>
        <td class="num">(342,630)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CostOfGoodsSold', window );">Distributed products (including purchases from related parties amounting to $4,056, $7,484 and $9,083 for the years ended December 31, 2010, 2011and 2012, respectively (note 18)</a></td>
        <td class="num">(51,436)<span></span></td>
        <td class="num">(22,545)<span></span></td>
        <td class="num">(25,557)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_CostOfSalesSupplyDeliveryAndInstallationOfWiresAndCables', window );">Supply, delivery and installation of wires and cables</a></td>
        <td class="num">(7,460)<span></span></td>
        <td class="num">(16,915)<span></span></td>
        <td class="num">(23,358)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_InventoryImpairment', window );">Inventory impairment (note 10)</a></td>
        <td class="nump">4,804<span></span></td>
        <td class="num">(1,993)<span></span></td>
        <td class="nump">1,974<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CostOfRevenue', window );">Cost of sales, total</a></td>
        <td class="num">(410,450)<span></span></td>
        <td class="num">(428,051)<span></span></td>
        <td class="num">(389,571)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GrossProfit', window );">Gross profit</a></td>
        <td class="nump">51,815<span></span></td>
        <td class="nump">43,895<span></span></td>
        <td class="nump">57,023<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SellingGeneralAndAdministrativeExpense', window );">Selling, general and administrative expenses (including expenses paid to related parties amounting to $239, $277 and $524 for the years ended December 31, 2010, 2011 and 2012, respectively (note 18))</a></td>
        <td class="num">(32,794)<span></span></td>
        <td class="num">(30,760)<span></span></td>
        <td class="num">(28,965)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProvisionForDoubtfulAccounts', window );">Recovery for doubtful accounts (note 10)</a></td>
        <td class="nump">720<span></span></td>
        <td class="nump">1,487<span></span></td>
        <td class="nump">940<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ImpairmentOfLongLivedAssetsHeldForUse', window );">Impairment of long-lived assets</a></td>
        <td class="num">(22)<span></span></td>
        <td class="nump">0<span></span></td>
        <td class="nump">0<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ImpairmentOfInvestments', window );">Impairment of investments</a></td>
        <td class="nump">0<span></span></td>
        <td class="nump">0<span></span></td>
        <td class="num">(346)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GoodwillImpairmentLoss', window );">Impairment of goodwill (note 6)</a></td>
        <td class="nump">0<span></span></td>
        <td class="num">(8,791)<span></span></td>
        <td class="nump">0<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ChargesRelatedToFlooding', window );">Charges related to flooding (note 15)</a></td>
        <td class="num">(888)<span></span></td>
        <td class="num">(3,947)<span></span></td>
        <td class="nump">0<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_RecoveryOfLossFromFlooding', window );">Recovery of loss from flooding (note 15)</a></td>
        <td class="nump">4,762<span></span></td>
        <td class="nump">0<span></span></td>
        <td class="nump">0<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments', window );">Income from operations</a></td>
        <td class="nump">23,593<span></span></td>
        <td class="nump">1,884<span></span></td>
        <td class="nump">28,652<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ForeignCurrencyTransactionGainLossBeforeTax', window );">Exchange gain (loss), net</a></td>
        <td class="nump">2,398<span></span></td>
        <td class="num">(1,346)<span></span></td>
        <td class="nump">3,041<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestIncomeOperating', window );">Interest income</a></td>
        <td class="nump">1,555<span></span></td>
        <td class="nump">1,409<span></span></td>
        <td class="nump">492<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestExpense', window );">Interest expenses (including interest paid/payable to related parties amounting to $14, $13 and $14 for the years ended December 31, 2010, 2011 and 2012, respectively (note18))</a></td>
        <td class="num">(2,195)<span></span></td>
        <td class="num">(2,217)<span></span></td>
        <td class="num">(1,364)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromEquityMethodInvestments', window );">Share of net loss of equity investees</a></td>
        <td class="num">(21)<span></span></td>
        <td class="num">(58)<span></span></td>
        <td class="num">(21)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainOrLossOnSaleOfStockInSubsidiary', window );">Gain on liquidation of a subsidiary</a></td>
        <td class="nump">279<span></span></td>
        <td class="nump">0<span></span></td>
        <td class="nump">0<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableforsaleSecuritiesTransfersToTradingGainsLossesExcludingOtherThanTemporaryImpairments', window );">Loss on disposal of available-for-sale securities (note 7)</a></td>
        <td class="nump">0<span></span></td>
        <td class="num">(68)<span></span></td>
        <td class="nump">0<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherIncome', window );">Other income, net (including other income received/receivable from related parties amounting to $154, $144 and $143 for the years ended December 31, 2010, 2011 and 2012, respectively (note 18))</a></td>
        <td class="nump">1,684<span></span></td>
        <td class="nump">1,032<span></span></td>
        <td class="nump">1,032<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest', window );">Income from continuing operations before income taxes</a></td>
        <td class="nump">27,293<span></span></td>
        <td class="nump">636<span></span></td>
        <td class="nump">31,832<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Income taxes (note 11)</a></td>
        <td class="num">(8,383)<span></span></td>
        <td class="num">(4,566)<span></span></td>
        <td class="num">(6,441)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest', window );">Net income (loss) from continuing operations</a></td>
        <td class="nump">18,910<span></span></td>
        <td class="num">(3,930)<span></span></td>
        <td class="nump">25,391<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAbstract', window );"><strong>Discontinued operations (note 20)</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax', window );">Income from operations of discontinued SPFO (including gain on disposal of $1,962 for the year ended December 31, 2011, purchases from related parties amounting to $4 and $317, and sales to related parties amounting to $54 and $693 for the years ended December 31, 2010 and 2011, respectively)</a></td>
        <td class="nump">0<span></span></td>
        <td class="nump">1,075<span></span></td>
        <td class="nump">446<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DiscontinuedOperationTaxEffectOfDiscontinuedOperation', window );">Income taxes</a></td>
        <td class="nump">0<span></span></td>
        <td class="num">(229)<span></span></td>
        <td class="num">(450)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax', window );">(Loss) income from discontinued operations</a></td>
        <td class="nump">0<span></span></td>
        <td class="nump">846<span></span></td>
        <td class="num">(4)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_NetIncomeLossInOperation', window );">Net income (loss)</a></td>
        <td class="nump">18,910<span></span></td>
        <td class="num">(3,084)<span></span></td>
        <td class="nump">25,387<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest', window );">Net income attributable to noncontrolling interests</a></td>
        <td class="num">(7,961)<span></span></td>
        <td class="nump">2,355<span></span></td>
        <td class="nump">11,247<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Income income (loss) attributable to APWC shareholders</a></td>
        <td class="nump">$ 10,919<span></span></td>
        <td class="num">$ (5,439)<span></span></td>
        <td class="nump">$ 14,140<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare', window );">Basic and diluted earnings (loss) per share from continuing operations</a></td>
        <td class="nump">$ 0.79<span></span></td>
        <td class="num">$ (0.49)<span></span></td>
        <td class="nump">$ 1.02<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare', window );">Basic and diluted earnings (loss) per share from discontinued operations</a></td>
        <td class="nump">$ 0<span></span></td>
        <td class="nump">$ 0.10<span></span></td>
        <td class="nump">$ 0<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareBasicAndDiluted', window );">Basic and diluted earnings (loss) per share</a></td>
        <td class="nump">$ 0.79<span></span></td>
        <td class="num">$ (0.39)<span></span></td>
        <td class="nump">$ 1.02<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_CommonStockSharesOutstanding1', window );">Basic and diluted weighted average common shares outstanding</a></td>
        <td class="nump">13,830,751<span></span></td>
        <td class="nump">13,830,769<span></span></td>
        <td class="nump">13,830,769<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_ChargesRelatedToFlooding">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Decrease in unrestricted short-term bank deposits</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_ChargesRelatedToFlooding</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_CommonStockSharesOutstanding1">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Distributed products</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_CommonStockSharesOutstanding1</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_CostOfSalesSupplyDeliveryAndInstallationOfWiresAndCables">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>(Increase) in unrestricted short-term bank deposits</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_CostOfSalesSupplyDeliveryAndInstallationOfWiresAndCables</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_InventoryImpairment">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Inventory impairment</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_InventoryImpairment</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_NetIncomeLossInOperation">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_NetIncomeLossInOperation</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_RecoveryOfLossFromFlooding">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_RecoveryOfLossFromFlooding</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_SupplyDeliveryAndInstallationOfWiresAndCables">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sales, delivery and installation of wires and cables</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_SupplyDeliveryAndInstallationOfWiresAndCables</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableforsaleSecuritiesTransfersToTradingGainsLossesExcludingOtherThanTemporaryImpairments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents the difference between the gross amount of gains (losses) included in earnings for transfers of securities from the available-for-sale category into the trading category. Such net gain (loss) included in earnings represents the net unrealized gain (loss) which had been included in other comprehensive income and is associated with the securities transferred from the available-for-sale category to the trading category, excluding other than temporary impairments (OTTI) recognized in other comprehensive income.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 115<br><br> -Paragraph 21<br><br> -Subparagraph d<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AvailableforsaleSecuritiesTransfersToTradingGainsLossesExcludingOtherThanTemporaryImpairments</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CostOfGoodsSold">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total costs related to goods produced and sold during the reporting period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 2<br><br> -Article 5<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.2(a))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CostOfGoodsSold</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CostOfOtherManufacturedProducts">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Costs incurred in production of other products during the reporting period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.2(a))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CostOfOtherManufacturedProducts</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CostOfRevenue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The aggregate cost of goods produced and sold and services rendered during the reporting period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 2<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CostOfRevenue</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CostOfRevenueAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CostOfRevenueAbstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Overall income (loss) from a disposal group that is classified as a component of the entity, before income tax, reported as a separate component of income before extraordinary items. Includes the following (before income tax): income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 144<br><br> -Paragraph 43<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.12)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 205<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6360339&amp;loc=d3e1361-107760<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 13<br><br> -Article 7<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 205<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6892542&amp;loc=d3e957-107759<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 144<br><br> -Paragraph 47<br><br> -Subparagraph c<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 05<br><br> -Paragraph 15<br><br> -Article 3<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DiscontinuedOperationTaxEffectOfDiscontinuedOperation">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tax effect allocated to a disposal group that is classified as a component of the entity reported as a separate component of income before extraordinary items. Includes the tax effects of the following: income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 205<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6892542&amp;loc=d3e957-107759<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 144<br><br> -Paragraph 47<br><br> -Subparagraph c<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 205<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (b),(c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6360339&amp;loc=d3e1361-107760<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 46<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 10<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32672-109319<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=18498875&amp;loc=d3e38679-109324<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 144<br><br> -Paragraph 43<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DiscontinuedOperationTaxEffectOfDiscontinuedOperation</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareBasicAndDiluted">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements.  Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period.  Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_EarningsPerShareBasicAndDiluted</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ForeignCurrencyTransactionGainLossBeforeTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The aggregate foreign currency transaction gain (loss) (both realized and unrealized) included in determining net income for the reporting period. Excludes foreign currency transactions designated as hedges of net investment in a foreign entity and intercompany foreign currency transactions that are of a long-term nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements. For certain enterprises, primarily banks, that are dealers in foreign exchange, foreign currency transaction gains (losses) may be disclosed as dealer gains (losses).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 52<br><br> -Paragraph 30<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6450189&amp;loc=d3e30690-110894<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6450222&amp;loc=d3e30840-110895<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6450189&amp;loc=d3e30700-110894<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ForeignCurrencyTransactionGainLossBeforeTax</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GainOrLossOnSaleOfStockInSubsidiary">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Gain (loss) on entity's disposition of equity in securities of subsidiaries. Reflects the difference in the parent company's carrying amount of the equity interest in the subsidiary immediately before and after all stock transactions.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 13<br><br> -Subparagraph g<br><br> -Article 9<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_GainOrLossOnSaleOfStockInSubsidiary</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GoodwillImpairmentLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Loss recognized during the period that results from the write-down of goodwill after comparing the implied fair value of reporting unit goodwill with the carrying amount of that goodwill. Goodwill is assessed at least annually for impairment.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 350<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (e)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=14024403&amp;loc=d3e13816-109267<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 142<br><br> -Paragraph 43<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 141R<br><br> -Paragraph 72<br><br> -Subparagraph d<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 142<br><br> -Paragraph 45<br><br> -Subparagraph e<br><br> -Clause 5<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 142<br><br> -Paragraph 20<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 142<br><br> -Paragraph 47<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 350<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=14024403&amp;loc=d3e13854-109267<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 350<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6388280&amp;loc=d3e13777-109266<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_GoodwillImpairmentLoss</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GrossProfit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.1,2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_GrossProfit</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ImpairmentOfInvestments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount by which the fair value of an investment is less than the amortized cost basis or carrying amount of that investment at the balance sheet date and the decline in fair value is deemed to be other than temporary, before considering whether or not such amount is recognized in earnings or other comprehensive income.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Staff Position (FSP)<br><br> -Number FAS115-1/124-1<br><br> -Paragraph 15C<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 35<br><br> -Paragraph 34<br><br> -URI http://asc.fasb.org/extlink&amp;oid=16383099&amp;loc=d3e25351-111560<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 115<br><br> -Paragraph 16<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Staff Position (FSP)<br><br> -Number FAS115-1/124-1<br><br> -Paragraph 16B<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Staff Position (FSP)<br><br> -Number FAS115-1/124-1<br><br> -Paragraph 15D<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Staff Position (FSP)<br><br> -Number FAS115-2/124-2<br><br> -Paragraph 22<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ImpairmentOfInvestments</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ImpairmentOfLongLivedAssetsHeldForUse">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The aggregate amount of write-downs for impairments recognized during the period for long lived assets held for use (including those held for disposal by means other than sale).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 144<br><br> -Paragraph 26<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 958<br><br> -SubTopic 225<br><br> -Section 45<br><br> -Paragraph 11<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6743430&amp;loc=d3e92212-112881<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Impairment<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6515133<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 360<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8077374&amp;loc=d3e2420-110228<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 360<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6391110&amp;loc=d3e2921-110230<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 144<br><br> -Paragraph 7, 25<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ImpairmentOfLongLivedAssetsHeldForUse</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 10<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(h)(1)(i))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6881521&amp;loc=d3e23780-122690<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph h<br><br> -Subparagraph 1(i)<br><br> -Article 4<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses and taxes from ongoing operations before extraordinary items, and noncontrolling interest.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 19<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7656940&amp;loc=SL4569616-111683<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 29<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of net income (loss) from continuing operations per each basic and diluted share of common stock or unit when the per share amount is the same for both basic and diluted shares.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of income (loss) from a disposal group, net of income tax before extraordinary items allocable to noncontrolling interests. Includes, net of tax, income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 13<br><br> -Article 7<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 205<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6892542&amp;loc=d3e957-107759<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 144<br><br> -Paragraph 47<br><br> -Subparagraph c<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 15<br><br> -Article 5<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 29<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.14)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 205<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6360339&amp;loc=d3e1361-107760<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 144<br><br> -Paragraph 43<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.12)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAbstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of income (loss) derived from discontinued operations during the period, net of related tax effect, per each basic and diluted share of common stock or unit when the per share amount is the same for both basic and diluted shares.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromEquityMethodInvestments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.12)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 9<br><br> -Article 5<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 11<br><br> -Article 7<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 323<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=16385135&amp;loc=d3e33749-111570<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 18<br><br> -Paragraph 6<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 18<br><br> -Paragraph 19<br><br> -Subparagraph c<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncomeLossFromEquityMethodInvestments</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxExpenseBenefit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a),(b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32639-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 45<br><br> -Subparagraph a, b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(h))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6881521&amp;loc=d3e23780-122690<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph h<br><br> -Article 4<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Income Tax Expense (or Benefit)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6515339<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncomeTaxExpenseBenefit</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestExpense">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cost of borrowed funds accounted for as interest that was charged against earnings during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 9<br><br> -Article 9<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher OTS<br><br> -Name Federal Regulation (FR)<br><br> -Number Title 12<br><br> -Section 563c.102<br><br> -Paragraph 9<br><br> -Chapter V<br><br> -Subsection II<br><br> -LegacyDoc This is a non-GAAP reference that was included in the 2009 taxonomy.  It will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 34<br><br> -Paragraph 21<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 835<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6450988&amp;loc=d3e26243-108391<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-04.9)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_InterestExpense</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestIncomeOperating">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Interest generated from day to day operating activities of the business.  This element represents a revenue generating activity and is therefore gross (before any related cost of revenue items).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.1(e))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_InterestIncomeOperating</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 19<br><br> -Article 5<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.22)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Other Comprehensive Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6519514<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.18)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 130<br><br> -Paragraph 10, 15<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 20<br><br> -Article 9<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Net Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6518256<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Emerging Issues Task Force (EITF)<br><br> -Number 87-21<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28, 29, 30<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 11: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br>Reference 12: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.19)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 13: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=20435746&amp;loc=d3e565-108580<br><br><br><br>Reference 14: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph A7<br><br> -Appendix A<br><br><br><br>Reference 15: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 16: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph d<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_NetIncomeLoss</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of Net Income (Loss) attributable to noncontrolling interest.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 55<br><br> -Paragraph 4J<br><br> -URI http://asc.fasb.org/extlink&amp;oid=18733213&amp;loc=SL4591551-111686<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph A1, A4, A5<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1A<br><br> -URI http://asc.fasb.org/extlink&amp;oid=18733093&amp;loc=SL4573702-111684<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph c(1)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_NetIncomeLossAttributableToNoncontrollingInterest</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Reflects the sum of all other revenue and income recognized by the entity in the period not otherwise specified in the income statement.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.4)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 4<br><br> -Article 7<br><br><br><br></p>
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                <p>Amount of the current period expense charged against operations, the offset which is generally to the allowance for doubtful accounts for the purpose of reducing receivables, including notes receivable, to an amount that approximates their net realizable value (the amount expected to be collected).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
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                <p>Revenue not otherwise defined in the taxonomy from the sale of manufactured products.</p>
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                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.1(a))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 1<br><br> -Article 5<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate revenue during the period from the sale of goods in the normal course of business, after deducting returns, allowances and discounts.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.1(a))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 1<br><br> -Article 5<br><br><br><br></p>
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                <p>Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
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                <p>The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 43<br><br> -Paragraph 5A<br><br> -Chapter 4<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 4<br><br> -Article 5<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.4)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 330<br><br> -SubTopic 10<br><br> -Section 30<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6386349&amp;loc=d3e3636-108311<br><br><br><br></p>
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          <div style="width: 200px;"><strong>Note 4 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES<br></strong></div>
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        <th class="th" colspan="1">12 Months Ended</th>
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          <div>Dec. 31, 2012</div>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_NotesToFinancialStatementsAbstract', window );"><strong>Notes to Financial Statements</strong></a></td>
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        <td class="text"><p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0pt"><u>Principles
of Consolidation</u></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify">The consolidated financial statements
include the accounts of the Company and its subsidiaries.&#160; All intercompany accounts and transactions have been eliminated
on consolidation.&#160; The Company&#146;s investments for which its ownership exceeds 20%, but which are not majority-owned or
controlled, are accounted for using the equity method if the Company has the ability to exercise significant influence over the
companies&#146; operating and financial policies. When the Company&#146;s carrying value in an equity investee company is reduced
to zero, no further losses are recorded in the Company&#146;s consolidated financial statements unless the Company has guaranteed
obligations of the investee company or has committed additional funding. When the investee company subsequently reports income,
the Company will not record its share of such income until its previous share of losses has been recovered.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -20pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Use of Estimates</u></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">The preparation
of the consolidated financial statements in conformity with generally accepted accounting principles accepted in the United States
requires management to make estimates, judgements, and assumptions that affect the amounts reported in the consolidated financial
statements and accompanying notes. Significant estimates reflected in the Company&#146;s consolidated financial statements include,
but are not limited to, useful lives and residual values of long-lived assets, impairment assessment of long-lived assets and goodwill,
allowance for accounts and other receivable, accounting for deferred income tax, uncertain tax position, inventory valuation, valuation
allowance of deferred tax assets and accrued rebate. Actual results could differ from those estimates.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><u>Cash and Cash Equivalents</u></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Cash and cash equivalents include cash on hand, bank deposits and all short-term highly liquid investments with an original maturity
of three months or less and are readily convertible to known amounts of cash. Investments with maturities of more than three months
are classified as short-term bank deposits.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Inventories&#160;</u></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
&#160;Inventories are valued at the lower of cost or market. Cost is determined using the first-in, first-out or weighted
average method.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">If the expected
selling price less completion costs and costs to execute sales (market) is lower than the carrying amount, a write-down is charged
to expenses in cost of sales for the amount by which the carrying amount exceeds its market. When the finished goods that were
previously written down to market are subsequently sold at above market, a recovery is credited to cost of sales. See note 10 &#150;
Valuation and Qualifying Accounts.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"><u>Income Taxes</u></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify">The Company follows the liability
method of accounting for income taxes in accordance with ASC 740, &#147;<i>Income Taxes</i>&#148; (&#147;ASC 740&#148;). Under
this method, deferred tax assets and liabilities are determined based on the difference between the financial reporting and tax
bases of assets and liabilities using enacted tax rates that will be in effect in the period in which the differences are expected
to reverse.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"><u>Income Taxes
(cont&#146;d)</u></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify">Current income tax expense is the
amount of income taxes expected to be payable for the current year. Deferred income tax balances reflect the effects of temporary
differences between the carrying amounts of assets and liabilities and their tax basis and are stated at enacted tax rates expected
to be in effect when taxes are actually paid or recovered. ASC 740, requires that deferred tax assets be evaluated for future realization
and reduced by a valuation allowance to the extent the Company believes a portion will not be realized.&#160; The Company considers
many factors when assessing the likelihood of future realization of its deferred tax assets, including its recent cumulative earnings
experience and expectations of future taxable income by taxing jurisdiction, the carry-forward periods available to the Company
for tax reporting purposes, and other relevant factors. Deferred income tax expense (benefit) is the net change during the year
in the deferred income tax asset or liability.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify; text-indent: 0.5in">&#160;</p>

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of ASC 740 to<i> </i>account for uncertainties in income taxes.&#160; ASC 740 contains a two-step approach to recognizing and measuring
uncertain tax positions.&#160; The first step is to evaluate the tax position for recognition by determining if the weight of available
evidence indicates it is more likely than not that the position will be sustained on audit, including resolution of related appeals
or litigation processes, if any.&#160; The second step is to measure the tax benefit as the largest amount, which is more than
50% likely of being realized upon ultimate settlement.&#160; The Company considers many factors when evaluating and estimating
its tax positions and tax benefits, which may require periodic adjustments and which may not accurately anticipate actual outcomes.
The Company&#146;s policy is to recognize interest expense and penalties related to income tax matters as a component of income
tax expense.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify; text-indent: 0.5in">&#160;</p>

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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

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stated at cost less depreciation and any impairment losses. Asset leases qualifying as capital leases are also included in property,
plant and equipment. Major renewals and improvements are capitalized and minor replacements, maintenance, and repair expenses are
charged to current operations as incurred. Depreciation is computed using the straight-line method over the estimated useful lives
of the assets or the respective lease term, whichever is shorter, as follows:</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt">
<tr>
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<tr>
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<tr>
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<tr>
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<tr>
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<tr>
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</table>
<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">Depreciation
expenses were $6,857, $6,462 and $4,975 for the years ended December 31, 2010, 2011 and 2012, respectively. No depreciation expense
is charged for construction in progress and machinery and equipment under installation.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">Capitalized
interest on construction in progress is added to the cost of the underlying asset and is depreciated over the estimated useful
life of the asset in the same manner as the underlying asset. Interest capitalized for 2011 and 2012 amounted to $9 and $69, respectively.
The capitalized interest was related to and has been included as part of the cost of Ningbo Pacific&#146;s construction in progress.&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">&#160;</p>

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plant and equipment are retired, sold or otherwise disposed of, the asset&#146;s carrying amount and related accumulated depreciation
are removed from the accounts and any gain or loss is included in operations.&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -20pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Property, Plant and Equipment (cont&#146;d)</u></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify">In 2006, the Company terminated the
Ningbo Pacific joint venture and liquidated its major equipment at the Ningbo Pacific facility. In October 2009, the Company has
made a resolution to acquire an additional shareholding of Ningbo Pacific from the PRC joint venture partner. The acquisition was
completed on July 22, 2012. The Company plans to resume manufacturing operation with the newly constructed facilities at the Ningbo
Pacific site in 2013.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"><u>Goodwill</u></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

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is not amortized, but tested for impairment at least annually or more frequently if circumstances indicate that impairment may
exist.&#160; The Company determined it has three reporting units in which the entire goodwill was allocated to manufactured product
segment.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

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a two-step test to assess goodwill impairment. First, the Company identifies potential goodwill impairment by comparing the fair
value of a reporting unit with its carrying amount, including goodwill. The Company determines fair value using a discounted cash
flow approach and makes reference to the market capitalization of the Company. If the carrying amount of a reporting unit exceeds
its fair value, the second step of the goodwill impairment test is performed to measure the amount of goodwill impairment loss.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify">Based on the Company&#146;s assessment
conducted as of December 31, 2011, the Company recognized goodwill impairment charges of $8,791, and the carrying amount was $nil
as of December 31, 2011 and 2012. See note 6 &#150; Goodwill.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Investments&#160;</u></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Management determines the appropriate classification of its investments at the time of purchase and re-evaluates such designation
as of each balance sheet date.&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Company accounts for its investments in equity securities of privately-held companies as cost method investment in accordance
to ASC 325<i>, &#147;Investments &#150; Others&#148;</i> as these securities do not have readily determinable fair value. Investments
in which the Company does not have a controlling interest or an ownership voting interest to exert significant influence, and which
are not publicly traded are accounted for at cost.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Company accounts for its investments in debt and equity securities that have readily determinable fair value using ASC 320<i>,
&#147;Investments &#150; Debt and Equity Securities&#148;</i>. Debt securities are classified as held-to-maturity when the Company
has the positive intent and ability to hold the securities to maturity. Held-to-maturity securities are recorded as either short
term or long term on the balance sheet, based on the contractual maturity date and are stated at amortized cost. Equity securities
are classified as available-for-sale, as the Company does not trade in these securities, but rather they are held as longer term
investments due to business relationships with the entities. Available-for-sale securities are carried at fair value,<font style="color: black">
with the unrealized gains and losses, net of tax, reported in a separate component of shareholders&#146; equity. </font>Realized
gains and losses and declines in values judged to be other-than-temporary on available-for-sale securities are included in investment
income.&#160; The cost of securities sold is based on the specific identification method. Interest and dividends on securities
classified as available-for-sale are included in investment income.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">Investments in entities in
which the Company can exercise significant influence but does not own a majority equity interest or control are accounted for
using the equity method of accounting under ASC 323, <i>&#147;Investments&#151;Equity Method and Joint Ventures&#148; </i>(&#147;ASC
323&#148;), and included as investment in equity investees in the balance sheets. Under the equity method, the
Company&#146;s proportionate share of each equity investee&#146;s net income or loss is included as share of income (losses)
of equity investees in the statements of operations. An investor records its proportionate share of equity adjustments for
other comprehensive income (e.g. foreign currency items, etc) as increase or decrease to the investment account with
corresponding adjustment in shareholders&#146; equity. The Company evaluates investments in equity investees for impairment
under ASC 323-10. An impairment loss on an investment in equity investee is recognized in the statements of operations when
the decline in value is determined to be other-than-temporary.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;A judgmental aspect of accounting for investments (including investments in equity investees) involves determining whether an other-than-temporary
decline in value of the investment has been sustained.&#160; If it has been determined that an investment has sustained an other-than-temporary
decline in its value, the investment is written down to its fair value, by a charge to statement of operations.&#160; Such evaluation
is dependent on the specific facts and circumstances.&#160; Factors that are considered by the Company in determining whether an
other-than-temporary decline in value has occurred include: the market value of the security in relation to its cost basis; the
financial condition of the investee; and the intent and ability to retain the investment for a sufficient period of time to allow
for recovery in the market value of the investments.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify">In 2010, 2011 and 2012, the Company
recorded an impairment charge of $346, $nil and $nil, respectively, related to certain available-for-sale investments.&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"><u>Impairment
of Long-Lived Assets, Other Than Goodwill</u></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify">The Company accounts for impairment
of long-lived assets in accordance with ASC 360<i>, &#147;Property, Plant and Equipment&#148;</i>.&#160; Long-lived assets are
reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable.&#160;
In such instances, the Company estimates the undiscounted future cash flows that result from the use of the asset and its ultimate
disposition.&#160; If the sum of the undiscounted cash flows is less than the carrying value, the Company recognizes an impairment
loss, measured as the amount by which the carrying value exceeds the fair value of the asset group, determined principally using
discounted cash flows.&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">In 2011, the
Company recorded an impairment charge of $25 related to the damage to Siam Pacific&#146;s machinery due to flooding in Thailand.
The impairment was included in the line item, &#147;Charges related to flooding&#148; within operating expenses. See note 15.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">In 2012, the
Company recorded an impairment charge of $22 related to the impairment of a factory in Thailand (included in the manufactured products
segment) that is not being used for operation.&#160; The impairment charge was recorded to reduce the carrying value of the identified
assets to fair values. The fair values for the year 2012 have been determined based on valuation performed by an accredited independent
appraiser. The valuation has been made on the assumption to sell the property interests on the open market in the neighborhood
without the benefit of any deferred term contract, leaseback, joint venture, management agreement or any similar arrangement which
would serve to increase the value of the property interests.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"><u>Accounts
Receivables and Allowance for Doubtful Accounts</u></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.2pt; text-align: justify">Accounts receivables are stated at
face value less any allowance for doubtful accounts.&#160;The Company maintains allowance for doubtful accounts for estimated losses
resulting from the inability of its customers to make the required payments. Management considers the following factors when determining
the collectability of specific customer accounts: customer credit-worthiness, customer financial condition, past transaction history
with the customer, current economic industry trends, and changes in customer payment terms.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -1pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -1pt"><u>Lease Obligations
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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -1pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -1pt">In accordance with
ASC 840, &#147;<i>Leases&#148;</i>, leases for a lessee are classified at the inception date as either a capital lease or an
operating lease. The Company assesses a lease to be a capital lease if any of the following conditions exist: a) ownership is transferred
to the lessee by the end of the lease term, b) there is a bargain purchase option, c) the lease term is at least 75% of the property&#146;s
estimated remaining economic life or d) the present value of the minimum lease payments at the beginning of the lease term is 90%
or more of the fair value of the leased property to the lessor at the inception date. A capital lease is accounted for as if there
was an acquisition of an asset and an incurrence of an obligation at the inception of the lease. The capitalized lease obligation
reflects the present value of future rental payments, discounted at the appropriate interest rates. The cost of the asset is amortized
over the lease term. However, if ownership is transferred at the end of the lease term, the cost of the asset is amortized as set
out above under property, plant and equipment.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -1pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -1pt">Operating lease
expenses are recognized on a straight-line basis over the applicable lease term.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -1pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -1pt"><u>Revenue Recognition</u></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Revenue represents the invoiced value of goods sold, net of value added tax and returns, invoiced value on distribution activities,
and service fee income on installation activities.&#160; Revenue is recognized to the extent that it is probable that the economic
benefits will flow to the Company and the revenue can be reliably measured. The following specific recognition criteria must also
be met before revenue is recognized.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<i>Sales
of manufactured goods and distributed products </i></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Company recognizes revenue from the sale of manufactured goods and distributed products upon passage of title to the customer
that coincides with their delivery and acceptance. These revenue recognition are recognized in accordance with <i>SEC Staff Accounting
Bulletin (SAB) No. 104.</i> The Company recognizes its revenue of sale of distributed products at gross as the Company is the primary
obligor in the transaction.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify">The Company classifies shipping and
handling costs incurred within cost of sales.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"><i>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Supply, Delivery and Installation</i></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify"></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 42.55pt; text-align: justify; text-indent: -42.55pt"></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 42.55pt; text-align: justify"></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify">The Company's supply, delivery
and installation services are considered as multiple elements arrangements and are accounted for in accordance with ASC subtopic
605-25, <i>&#34;Revenue Recognition: Multiple-Element Arrangements&#34;</i> (&#34;ASC 605-25&#34;). Elements such as the sale
of cables and the installation service are considered <i>as</i> separate elements contained&#160;&#160;in a single arrangement,
or in related arrangements with the same customer. The Company allocates revenue to each element based on its relative fair value.
The allocation of the fair value to the delivered elements is limited to the amount&#160;&#160;that is not cont in gent on future
delivery&#160;&#160;of services&#160;&#160;or&#160;&#160;subject&#160;&#160;to customer-specified return&#160;&#160;or&#160;&#160;refund&#160;&#160;privileges.&#160;&#160;The&#160;&#160;Company
prospectively&#160;&#160;&#160;adopted&#160;Accounting&#160;&#160;&#160;Standards&#160;Update<i>&#160;(&#34;ASU&#34;)&#160;&#160;No.&#160;2009-13,
Multiple-Deliverable Revenue Arrangements</i> (&#34;ASU 2009-13&#34;), a consensus of the FASB Emerging Issues Task Force that
amends ASC 605-25, on January I , 20 II.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify">In accordance with ASU 2009-1 3,
certain delivered items in multiple-element arrangements, which&#160;&#160;previously would&#160;&#160;not qualify&#160;&#160;for
separate units of accounting due to the lack of vendor-specific objective evidence or third-party evidence of selling price, are
accounted for as separate units of accounting, to which the total consideration of the arrangements is allocated based on management's
best estimate of the selling price (&#34;BESP&#34;). We consider all reasonably available&#160;&#160;information in determining
the BESP, including&#160;&#160;both&#160;&#160;market&#160;&#160;and entity-specific factors. The ad option of AS U 2009-1 3 does
not have a material effect on our financial statements, the units of accounting and the pattern and timing of revenue recognition
is not changed materially.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify">The sale of cable is subject to
acceptance by the SDI customer&#160;&#160;upon inspection&#160;&#160;which is carried&#160;&#160;out when t he cable&#160;&#160;is
laid. Revenue from&#160;&#160;installation is accounted for using the percentage-of-completion method, based on the customer certification
of the distance of cable la id with respect to the estimated total contract revenue, and in accordance with ASC 605-35, &#34;Revenue
Recognition-Construction-Type and Production-Type Contracts&#34;. The timing of revenue recognition of cable sales and installation
services are substantially identical.</p>



<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 42.55pt; text-align: justify"></p>



<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>



<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 42.55pt; text-align: justify"></p>



<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify"></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt">When the current estimates of total contract revenue and
contract cost indicate a loss, a provision for the entire loss on the contract shall be made. The recognition of provision for
losses shall be in the period in which they become evident.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.55in; text-align: justify; text-indent: -20pt"><i>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Bill-and-hold arrangements</i></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Company recognizes revenue of sale of cables under bill-and-hold arrangements requested by certain customers in Thailand, in
accordance with SAB 104.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">As at December 31, 2010, 2011 and
2012, the revenue recognized under bill-and-hold arrangements where the cables were yet delivered was $17.9 million, $5.8 million
and $nil, respectively.&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify; text-indent: 0.5in"></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -1pt"><u></u></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.55in; text-align: justify; text-indent: -20pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<i>Customers&#146;
incentive</i></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">The Company offers sales incentives
in connection with power cable sales to wholesalers and distributors. These incentives include both rebates offered to customers
for purchasing a certain volume of product during the year and settlement discounts for early payment of sales invoices. However,
maximum amount is recorded if there is no reliable basis to measure a lower expected amount. Both forms of incentives are recognized
as a reduction to gross sales.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">For the past five years up to
December 31, 2012, customers only claim for rebates and the Company &#160;only allows such claims based on the amount to
which they are legally entitled, instead of the potential maximum amount (i.e. amount payable for the highest volume targets)
without exceptions. The Company reviewed rebate provision balances arising in 2011 and earlier that remained unclaimed as of
December 31, 2012. As the policy has been strictly enforced for the past five years, the Company has established sufficient
historical fact pattern to conclude that the likelihood that such customers will claim and receive the excess above their
legal entitlement in the future is remote and the Company will continue to strictly enforce the policy. As a result, the
company wrote back such rebates and accounted for this as a change in estimate of accrued rebates. The reversal of the
accrued rebate amounting to $2,116 ($0.15 per share) was accrued rebates  related to 2008 to 2011.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"><u>Foreign Currency
Translation and Transactions</u></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">The functional
currency of the Company is U.S. Dollars and the functional currency of the Company&#146;s international subsidiaries is generally
the local currency or U.S. Dollars.&#160; For these subsidiaries, the Company translates the assets and liabilities at exchange
rates in effect at the balance sheet date and income and expense accounts at average exchange rates during the year.&#160; Resulting
currency translation adjustments are recorded directly to accumulated other comprehensive income within shareholders&#146; equity.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">Foreign currency
transactions are recorded at the applicable rates of exchange in effect at the transaction dates. Monetary assets and liabilities
denominated in foreign currencies at the balance sheet date are remeasured at the applicable rates of exchange in effect at that
date. Gains and losses from foreign currency transactions are recorded in the consolidated statements of operations.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"><u>Foreign Currency
Forward Contracts</u></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">The Company
recognizes derivative financial instruments in the consolidated financial statements at fair value regardless of the purposes or
intent for holding the instrument. Changes in the fair value of derivative financial instruments are either recognized periodically
in income or in shareholders&#146; equity as a component of comprehensive income depending on whether the derivative financial
instruments qualify for hedge accounting, and if so, whether they qualify as a fair value or cash flow hedge.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">Generally, changes
in fair values of derivatives accounted for as fair value hedges are recorded in income along with the portions of the changes
in the fair value of the hedged items that relate to the hedged risks. Changes in fair value of derivatives accounted for as cash
flow hedges, to the extent they are effective as hedges, are recorded in other comprehensive income net of taxes. Changes in fair
value of derivatives used as hedges of the net investment in foreign operations are reported in other comprehensive income as part
of the cumulative translation adjustment. Changes in fair values of derivatives not qualifying as hedges are reported in the consolidated
statements of operations.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"><u>Foreign Currency
Forward Contracts (cont&#146;d)</u></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">The Company&#146;s
subsidiaries use forward foreign exchange contracts to reduce their exposure to foreign currency risk for liabilities denominated
in foreign currency. A forward foreign exchange contract obligates the Company to exchange predetermined amounts of specified foreign
currencies at specified exchange rates on specified dates or to make an equivalent U.S. dollar payment equal to the value of such
exchange.&#160; Realized and unrealized gains and losses on foreign exchange contracts are included as foreign exchange gains or
losses in the consolidated statements of operations as such contracts do not qualify for hedge accounting.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">As of December
31, 2011 and 2012, the Company had outstanding forward exchange contracts with notional values of $2,317 and $nil, respectively.
The outstanding forward exchange contracts as of December 31, 2011 matured on January 16, 2012. The Company records these contracts
at fair value with the related gains of $nil, $64 and $nil, for the years ended December 31, 2010, 2011 and 2012, respectively
in the consolidated statements of operations.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Earnings (Loss) Per Share</u></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Basic and diluted earnings (loss) per share are calculated in accordance with ASC 260<i>, &#147;Earnings Per Share&#148;</i>.&#160;
There are no dilutive equity instruments for all periods presented.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Comprehensive
Income</u></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Comprehensive income (loss) is defined as the changes in equity of the Company during a period from transactions and other events
and circumstances excluding transactions resulting from investments by owners and distributions to owners. Among other disclosures,
ASC 220, Comprehensive Income, requires that all items that are required to be recognized under current accounting standards as
components of comprehensive income (loss) be reported in a financial statement that is displayed with the same prominence as other
financial statements. For each of the periods presented, the Company&#146;s comprehensive income (loss) includes net income (loss),
currency translation adjustment, defined benefit pension plan and unrealized loss on sales of available-for-sale securities and
is presented in the consolidated statement of operations and comprehensive income (loss). The Company adopted Accounting Standards
Update (&#147;ASU&#148;) No. 2011-05 (&#147;ASU 2011-05&#148;), <i>&#34;Comprehensive Income (Topic 220), Presentation of
Comprehensive Income&#34;</i>, in the year ended December 31, 2012 by presenting items of net income (loss) and other comprehensive
income (loss) in two separate statements. Prior years&#146; comparative information has been rearranged to conform to the presentation
in accordance with ASU 2011-05.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"><u>&#160;</u></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0pt"><u>Cotingent Liability</u></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify">When a loss contingency is not both
probable and estimable, the Company does not record an accrued liability but discloses the nature and the amount of the claim,
if material. However, if the loss (or an additional loss in excess of the accrual) is at least reasonably possible, then the Company
discloses an estimate of the loss or range of loss, if such estimate can be made and material, or states that such estimate is
immaterial if it can be estimated but immaterial, or discloses that an estimate cannot be made. The assessments of whether a loss
is probable or reasonably possible, and whether the loss or a range of loss is estimable, often involve complex judgments about
future events. Management is often unable to estimate the loss or a range of loss, particularly where (i) the damages sought are
indeterminate,(ii) the proceedings are in the early stages, or (iii) there is a lack of clear or consistent interpretation of laws
specific to the industry-specific complaints among different&#160;&#160;jurisdictions. In such cases, there is considerable uncertainty
regarding the timing or ultimate resolution of such matters, including eventual loss, fine, penalty or business impact, if any.</p>



<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt"></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"><u>Fair Value
Measurements</u></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">The Company
has adopted the provisions of ASC 820<i>, &#147;Fair Value Measurements and Disclosures&#148;</i> for financial assets and liabilities.
Under ASC 820, the fair value is defined as the price that would have been received to sell an asset or paid to transfer a liability
(i.e., the &#147;exit price&#148;) in an orderly transaction between market participants at the measurement date.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">In determining
fair value, the Company uses various valuation approaches. ASC 820 establishes a hierarchy for inputs used in measuring fair value
that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable
inputs be used when available. Observable inputs are inputs that market participants would use in pricing the asset or liability
developed based on market data obtained from sources independent of the Company. Unobservable inputs are inputs that reflect the
Company&#146;s assumptions about the assumptions market participants would use in pricing the asset or liability developed based
on the best information available in the circumstances. The hierarchy is broken down into three levels based on the observability
of inputs as follows:</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 54.9pt; text-align: justify; text-indent: -19.9pt">&#149;&#160;&#160;
Level 1 - Valuations based on quoted prices in active markets for identical assets that the Company has the ability to access.
Valuation adjustments and block discounts are not applied to Level 1 instruments. Since valuations are based on quoted prices
that are readily and regularly available in an active market, valuation of these products does not entail a significant degree
of judgment.&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 54.9pt; text-align: justify; text-indent: -19.9pt">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 45.9pt; text-align: justify; text-indent: -10.9pt">&#149;&#160;&#160;
Level 2 - Valuations based on one or more quoted prices in markets that are not active or for which all significant inputs are
observable, either directly or indirectly.</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 45.9pt; text-align: justify; text-indent: -10.9pt">&#160;</p>

<p style="font: 8pt/11pt Times New Roman, Times, Serif; margin: 0 0 0 45.9pt; text-align: justify; text-indent: -10.9pt">&#149;&#160;&#160;
Level 3 - Valuations based on unobservable inputs which are supported by little or no market activity and significant to the overall
fair value measurement.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 54.9pt; text-align: justify; text-indent: -19.9pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">The availability
of observable inputs can vary from investment to investment and is affected by a wide variety of factors, including, for example,
the type of investment, the liquidity of markets and other characteristics particular to the transaction. To the extent that valuation
is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more
judgment and the investments are categorized as Level 3.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">The carrying
amounts of financial instruments, including cash and cash equivalents, bank deposits, accounts receivable, short-term loans, accounts
payable, and related party balances approximate their fair value due to the short-term maturities of such instruments.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"><u>Treasury
Shares</u></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">On August 28,
2012 the Company's board of directors authorized a share capital repurchase program for its common shares over the next twelve
months. The Company repurchases its common shares from time to time in the open market and holds such shares as treasury stock.
The Company applies the &#147;cost method&#148; and presents the cost to repurchase such shares as a reduction in shareholders&#146;
equity in accordance with ASC 505-30, <i>&#147;Treasury Stock&#148;. </i>During the year ended December 31, 2012, the Company
repurchased a net total of 1,900 shares of common shares and the total cost is $6. Except for the shares repurchased as described
above, there were no movements in the number of outstanding shares for all years presented.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt"><u>Recent Pronouncements</u> &#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify">In February 2013, the Financial Accounting
Standards Board issued ASU No. 2013-02, <i>&#34;Comprehensive Income (Topic 220)&#34;</i> (&#147;ASU 2013-02&#148;) to improve
the reporting of reclassifications out of accumulated other comprehensive income (&#147;AOCI&#148;). This ASU sets requirements
for presentation for significant items reclassified to net income in their entirety during the period and for items not reclassified
to net income in their entirety during the period. It requires companies to present information about reclassifications out of
accumulated other comprehensive income AOCI in one place and to present reclassifications by component when reporting changes in
AOCI balances. The modifications to ASC 220 &#147;<i>Comprehensive Income</i>&#148; resulting from the issuance of ASU 2013-02
are effective for fiscal years beginning after December 15, 2012 and interim periods within those years. Early adoption is permitted.
The adoption of ASU 2013-02 on January 1, 2013 is not expected to have a material impact on the Company&#146;s consolidated financial
statements.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify">In March 2013, the Financial Accounting
Standards Board issued ASU No. 2013-05, <i>&#34;Foreign Currency Matters (Topic 830)&#34;</i> (&#147;ASU 2013-05&#148;) Parent&#146;s
Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign
Entity or of an Investment in a Foreign Entity . This ASU specifies that a cumulative translation adjustment (&#147;CTA&#148;)
should be released into earnings when an entity ceases to have a controlling financial interest in a subsidiary or group of assets
within a consolidated foreign entity and the sale or transfer results in the complete or substantially complete liquidation of
the foreign entity. For sales of an equity method investment that is a foreign entity, a pro rata portion of CTA attributable to
the investment would be recognized in earnings upon sale of the investment. When an entity sells either a part or all of its investment
in a consolidated foreign entity, CTA would be recognized in earnings only if the sale results in the parent no longer having a
controlling financial interest in the foreign entity. CTA would be recognized in earnings in a business combination achieved in
stages (i.e., a step acquisition). The adoption of ASU 2013-05 on January 1, 2014 is not expected to have a material impact on
the Company&#146;s consolidated financial statements.</p><span></span></td>
      </tr>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for all significant accounting policies of the reporting entity.</p>
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                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18861-107790<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18743-107790<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18854-107790<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18726-107790<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 22<br><br> -Paragraph 8<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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          <div style="width: 200px;"><strong>Note 3 - CHANGES IN PRESENTATION OF COMPARATIVE FINANCIAL STATEMENTS<br></strong></div>
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        <th class="th" colspan="1">12 Months Ended</th>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_NotesToFinancialStatementsAbstract', window );"><strong>Notes to Financial Statements</strong></a></td>
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        <td class="text"><p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify">SPFO was consolidated prior to its
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of operations for the year ended December 31, 2011 and prior period&#146;s amounts have been reclassified accordingly.</p><span></span></td>
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                <p>The entire disclosure for reporting accounting changes and error corrections. It includes the conveyance of information necessary for a user of the Company's financial information to understand all aspects and required disclosure information concerning all changes and error corrections reported in the Company's financial statements for the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 250<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6801783&amp;loc=d3e22499-107794<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 250<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SAB TOPIC 1.N.Q3)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6369664&amp;loc=d3e30840-122693<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 250<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 7<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6801783&amp;loc=d3e22644-107794<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 1<br><br> -Section N<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 250<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 23<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6368906&amp;loc=d3e21914-107793<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 250<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6801783&amp;loc=d3e22595-107794<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 154<br><br> -Paragraph 17, 22, 25, 26<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
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          <div style="width: 200px;"><strong>Note 16 - FAIR VALUE DISCLOSURES<br></strong></div>
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        <td class="text"><p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0pt">The following
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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify;">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; "><u>Cash
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fair value because of the short-term maturity of these instruments.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify;"><u>Bank
deposits</u>:&#160; The carrying amount reported in the balance sheet for bank deposits approximates its fair value because of
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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify;">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify;"><u>Accounts
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payable approximate their fair values because of the short-term maturity of these instruments.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; ">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify;"><u>Related
party balances</u>:&#160; The carrying amounts reported in the balance sheet for related party balances approximate their fair
values because of the short-term maturity of these instruments.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.1pt; text-align: justify"><u>Short-term loan</u>: The carrying
amounts of the Company&#146;s borrowings under its short-term revolving credit arrangements approximate their fair values. The
fair value of the non-interest bearing short-term loan from related parties approximates to its carrying amount as it is repayable
on demand. &#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 71.5pt; text-align: justify; text-indent: 2.75pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify"><u>Foreign currency forward contracts</u>:
The fair values of foreign currency forward contracts are estimated by reference to market quotations for forward contracts with
similar terms, adjusted where necessary for maturity differences. The foreign currency forward contracts are classified within
Level 2 as the valuation inputs are based on quoted prices and market observable data of similar instruments.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 28.3pt; text-align: justify; text-indent: 2.75pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify"><u>Held-to-maturity securities</u>:
Held-to-maturity securities are recorded as either short term or long term on the balance sheet, based on contractual maturity
date and are stated at amortized cost. The maturity for short term held-to-maturity securities are less than one year, the estimated
fair value approximated its amortized cost. The maturity for the investment in subordinated debentures is ten years and the debentures
is marketable. The market yield is close to coupon rate, the fair value approximated its amortized cost as of December 31, 2012.</p><span></span></td>
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                <p>The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
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          <div style="width: 200px;"><strong>Note 11 - INCOME TAXES<br></strong></div>
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        <th class="th" colspan="1">12 Months Ended</th>
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          <div>Dec. 31, 2012</div>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_NotesToFinancialStatementsAbstract', window );"><strong>Notes to Financial Statements</strong></a></td>
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        <td class="text"><p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0pt">Under current
Bermuda law, the Company is not subject to tax on income or capital gains, nor is withholding tax of Bermuda imposed upon payments
of dividends by the Company to its shareholders.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify">The Company&#146;s investments in
the Operating Subsidiaries are held through subsidiaries incorporated in the British Virgin Islands (&#147;BVI&#148;). Under
current BVI law, dividends from the BVI subsidiaries&#146; investments are not subject to income taxes and no withholding tax
is imposed on payments of dividends by the BVI subsidiaries to the Company.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">The Operating
Subsidiaries and equity investees are governed by the income tax laws of Singapore, Thailand, Australia and the PRC.&#160; The
corporate income tax rate in Singapore was 17% for each of the three years ended December 31, 2012, and there is no <font style="background-color: white">withholding
tax on dividends applicable to the Company.&#160; For Thailand, the corporate income tax rate was 30% for each of the two years
ended December 31, 2011 and a withholding tax of 10% is levied on dividends received by the Company.</font> CTW is listed on Stock
Exchange of Thailand (&#147;SET&#148;), its applicable corporate income rate was 25% for the first 300 million Baht of net profit
and 30% for the amount exceeding 300 million Baht. The reduced rate of taxation applied for listed companies for three accounting
periods from 2008 to 2010. <font style="background-color: white">As a part of an initiative to promote Thailand&#146;s competitiveness,
the Thai Government announced in Royal Decree (No. 530) to provide for a red</font>uction of corporate income tax from 30% to:
(1) 23% for any accounting periods commencing between January 1, 2012 and December 31, 2012; (2) 20% from any accounting periods
commencing between January 1, 2013 and December 31, 2014. In Australia, the corporate income tax rate was 30% for 2010/2011, 2011/2012
and 2012/2013 tax years. The applicable corporate income tax rate for the subsidiaries in the PRC was 25% for each of the three
years ended December 31, 2012.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify">Pursuant to the Corporate Income
Tax Law (the CIT Law) of the PRC that came into effect on January 1, 2008, all the enterprises generally are subject to corporate
income tax at an effective rate of 25% on income as reported in their statutory accounts. An enterprise located in specially-designated
regions or cities and eligible for the preferential policy in the form of a reduced tax rate shall have five years from the time
when the CIT Law takes effect to transition progressively to the legally prescribed tax rate. During this period, an enterprise
that enjoyed the 15% corporate income tax rate shall be subject to the 18% tax rate for the year 2008, 20% for the year 2009, 22%
for the year 2010, 24% for the year 2011, and 25% from the year 2012 onwards.&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">PEWS is located in Shenzhen, which
is a region where preferential tax rates apply and qualified for a reduced rate of taxation of 22% and 24% for the years 2010 and
2011, respectively. PEWS is the only subsidiary of the Company in the PRC that qualified for the preferential tax rates under the
CIT Law. For PEWS, the unified tax rate of 25% applied with effect from January 1, 2012. Under the CIT law, dividend distributions
of profits earned prior to January 1, 2008 to foreign investor(s) are exempt from withholding tax; distribution of the profits
earned after January 1, 2008 is subject to withholding tax of 10%, reduced to 5% under the Arrangement between the Mainland of
China and the Hong Kong Special Administrative Region on the Avoidance of Double Taxation and the Prevention of Fiscal Evasion
with Respect to Taxes on Income provided that the Hong Kong holding company, CCH (HK), qualifies as the &#147;beneficial owner&#148;
of the dividend income under Cuoshuiban [2009] No.601.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.55pt">Pre-tax income (loss) from continuing
operations was taxed in the following jurisdictions:</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in">&#160;</p>

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Significant components of the provision (benefit) for income taxes are as follows:</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in">&#160;</p>

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    <td style="padding-right: 0.7pt; text-align: center">&#160;</td>
    <td style="padding-right: 5pt; text-align: right">&#160;</td>
    <td style="padding-right: 5pt; text-align: right">&#160;</td>
    <td style="padding-right: 5pt; text-align: right">&#160;</td>
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    <td style="padding-right: 5pt; text-align: right">&#160;</td>
    <td style="padding-right: 5pt; text-align: right">&#160;</td>
    <td style="padding-right: 5pt; text-align: right">&#160;</td>
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<tr style="vertical-align: top">
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    <td style="padding-right: 5pt; text-align: right">&#160;</td>
    <td style="padding-right: 5pt; text-align: right">&#160;</td>
    <td style="padding-right: 5pt; text-align: right">&#160;</td>
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    <td style="padding-right: 5pt; text-align: right">&#160;</td>
    <td style="padding-right: 5pt; text-align: right">&#160;</td>
    <td style="padding-right: 5pt; text-align: right">&#160;</td>
    <td style="padding-right: 5pt; text-align: right">&#160;</td>
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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 6.2pt 0 0.5in; text-align: justify; text-indent: -0.55pt">&#160;&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">The parent company&#146;s
tax is filed in Bermuda, which does not have a statutory tax rate. The provision for income taxes differs based on the taxes incurred
by the Operating Subsidiaries, in their respective jurisdiction. The Company determines its statutory tax rate based on its major
commercial domicile that is its subsidiaries in Thailand. The reconciliation of the statutory tax rate and the Company&#146;s
effective tax rate is as follows:</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt">
<tr style="vertical-align: top">
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    <td style="vertical-align: bottom; padding-right: 5pt; text-align: right">&#160;</td>
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<tr>
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</table>
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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify">Pacific Thai had deferred tax assets
(mainly from prior year net operating losses) of $3,633 with a 100% valuation allowance as of December 31, 2010. Following the
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The corresponding valuation allowance was reversed during the year.</p>

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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt">
<tr style="vertical-align: top">
    <td style="padding-right: 0.7pt">&#160;</td>
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<tr style="vertical-align: top">
    <td style="padding-right: 0.55pt">&#160;</td>
    <td style="padding-right: 0.55pt; text-align: center">&#160;</td>
    <td style="text-align: right">&#160;</td>
    <td style="text-align: right">&#160;</td>
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    <td style="padding-right: 5pt; text-align: right">&#160;</td>
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<tr style="vertical-align: top">
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    <td style="padding-right: 0.55pt; text-align: center">&#160;</td>
    <td style="padding-right: 0.55pt; text-align: right">&#160;</td>
    <td style="padding-right: 0.55pt; text-align: right">&#160;</td>
    <td style="padding-right: 5pt; text-align: right">&#160;</td></tr>
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    <td style="padding-right: 0.7pt; text-align: center">&#160;</td>
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    <td style="padding-right: 5pt; text-align: right">&#160;</td>
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<tr style="vertical-align: top">
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    <td style="padding-right: 0.55pt; text-align: center">&#160;</td>
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    <td style="padding-right: 0.55pt; text-align: right">&#160;</td>
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    <td style="text-align: right">&#160;</td>
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    <td style="text-align: right"><font style="font-size: 8pt">1,181</font></td>
    <td style="padding-right: 5pt; text-align: right">&#160;</td>
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top; background-color: #CCEEFF">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top; background-color: #CCEEFF">
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    <td style="padding-right: 0.7pt; text-align: center">&#160;</td>
    <td style="text-align: right"><font style="font-size: 8pt">320</font></td>
    <td style="padding-right: 5pt; text-align: right">&#160;</td>
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<tr style="vertical-align: top">
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<tr style="vertical-align: top; background-color: #CCEEFF">
    <td style="text-indent: 6.05pt"><font style="font-size: 8pt">Unabsorbed depreciation</font></td>
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    <td style="text-align: right"><font style="font-size: 8pt">960</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 0.7pt; text-indent: 6.05pt">&#160;</td>
    <td style="padding-right: 0.7pt; text-align: center">&#160;</td>
    <td style="text-align: right">&#160;</td>
    <td style="padding-right: 5pt; text-align: right">&#160;</td>
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<tr style="vertical-align: top; background-color: #CCEEFF">
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    <td style="padding-right: 0.7pt; text-align: center">&#160;</td>
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<tr style="vertical-align: top">
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    <td style="padding-right: 0.7pt; text-align: center">&#160;</td>
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<tr style="vertical-align: top; background-color: #CCEEFF">
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    <td style="padding-right: 0.7pt; text-align: center">&#160;</td>
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    <td style="padding-right: 5pt; text-align: right">&#160;</td>
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<tr style="vertical-align: top">
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    <td style="padding-right: 0.7pt; text-align: center">&#160;</td>
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    <td style="padding-right: 0.7pt; text-align: center">&#160;</td>
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    <td style="padding-right: 5pt; text-align: right">&#160;</td>
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    <td style="padding-right: 0.7pt; text-align: center">&#160;</td>
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</table>
<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>

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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt">
<tr style="vertical-align: top">
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    <td style="padding-right: 0.7pt; text-align: center">&#160;</td>
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
    <td style="padding-right: 0.7pt">&#160;</td>
    <td style="padding-right: 0.7pt; text-align: center">&#160;</td>
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<tr style="vertical-align: top">
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    <td style="padding-right: 0.7pt; text-align: center">&#160;</td>
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<tr style="vertical-align: top; background-color: #CCEEFF">
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<tr style="vertical-align: top">
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    <td style="padding-right: 0.7pt; text-align: center">&#160;</td>
    <td style="text-align: right"><font style="font-size: 8pt">&#150;</font></td>
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<tr style="vertical-align: top; background-color: #CCEEFF">
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    <td style="padding-right: 0.7pt; text-align: center">&#160;</td>
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    <td style="padding-right: 0.7pt; text-align: right">&#160;</td>
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<tr style="vertical-align: top">
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<tr style="vertical-align: top; background-color: #CCEEFF">
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    <td style="padding-right: 0.7pt; text-align: center">&#160;</td>
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    <td style="padding-right: 0.7pt; text-align: right">&#160;</td>
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<tr style="vertical-align: top; background-color: #CCEEFF">
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    <td style="padding-right: 0.7pt; text-align: center">&#160;</td>
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<tr style="vertical-align: top; background-color: #CCEEFF">
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    <td style="padding-right: 0.7pt; text-align: center">&#160;</td>
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    <td style="padding-right: 0.7pt; text-align: right">&#160;</td>
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<tr style="vertical-align: top">
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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">&#160;</p>

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<tr style="vertical-align: top">
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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&#160;&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">As of December 31, 2011 and 2012,
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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt">
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<tr>
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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&#160;&#160;</p>

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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify"></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify">A reconciliation of the beginning and
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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35pt; text-align: justify; text-indent: 0.5in">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 8pt">
<tr style="vertical-align: top">
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date. As of December 31, 2011 and 2012, the amount of unrecognized tax benefits (excluding interest and penalties) included in
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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>

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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>

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          <div style="width: 200px;"><strong>Note 18 - RELATED PARTY BALANCES AND TRANSACTIONS (Details 1) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_InterestIncomeRelatedParty">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_InterestIncomeRelatedParty</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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        </tr>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_RelatedPartyTransactionSalesFromRelatedParty">
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_RelatedPartyTransactionSalesFromRelatedParty</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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          </td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InformationTechnologyAndDataProcessing">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of expenses incurred in the period for information technology and data processing products and services.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.6)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_InformationTechnologyAndDataProcessing</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestExpenseRelatedParty">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of interest expense incurred during the period on a debt or other obligation to a related party.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_InterestExpenseRelatedParty</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount paid to managing member or general partner for management of the day-to-day business functions of the limited liability company (LLC) or limited partnership (LP).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 850<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6457730&amp;loc=d3e39549-107864<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ManagementFeeAmountPaid</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td>xbrli:monetaryItemType</td>
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                    <td><strong> Balance Type:</strong></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Revenue, comprised of base and incentive revenue derived from the management of joint ventures, managing third-party properties, or another entity's operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.1(d))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ManagementFeesRevenue</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td>xbrli:monetaryItemType</td>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Includes all other interest income, net of discount accretion and premium amortization, and dividend income. It may include dividend income from equity securities that do not have readily determinable fair values that are reportable in Other Assets, and interest income on interest-only strips receivable (not in the form of a security) that are included in Other Assets.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-04.4)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 4<br><br> -Article 9<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_OtherInterestAndDividendIncome</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td>xbrli:monetaryItemType</td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RelatedPartyTransactionPurchasesFromRelatedParty">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Purchases during the period (excluding transactions that are eliminated in consolidated or combined financial statements) with related party.</p>
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                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_RelatedPartyTransactionPurchasesFromRelatedParty</nobr></td>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
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          <div style="width: 200px;"><strong>Note 7 - INVESTMENTS<br></strong></div>
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        <th class="th" colspan="1">12 Months Ended</th>
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          <div>Dec. 31, 2012</div>
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<tr style="vertical-align: top">
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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.65pt; text-align: justify; text-indent: -0.65pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.65pt; text-align: justify; text-indent: -0.65pt">Held-to-maturity
securities are comprised of: &#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.65pt; text-align: justify; text-indent: -0.65pt">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt">
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    <td>&#160;</td>
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    <td>&#160;</td>
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        <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>
        <p style="font: 8pt Times New Roman, Times, Serif; margin: 0">Two weeks to one month</p></td>
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        <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">3.8% to 4.7%</p></td>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
        <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right; text-indent: 0.5in">&#160;</p>
        <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">$ 2,378</p></td></tr>
<tr style="vertical-align: bottom">
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    <td style="text-align: center"><font style="font-size: 8pt">4.375%</font></td>
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    <td style="text-align: right; text-indent: 3.9pt"><font style="font-size: 8pt">360</font></td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
    <td><font style="font-size: 8pt">Total held-to-maturity </font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="text-align: right"><font style="font-size: 8pt">$ &#150;</font></td>
    <td style="text-align: right"><font style="font-size: 8pt">$ 2,738</font></td></tr>
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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">The investment is on a fixed or non-fixed
income mature on or before the date of maturity. The Company recorded interest income related to short-term held-to-maturity securities
amounting to $nil, $nil and $101 as a component of interest income for the years ended December 31, 2010, 2011 and 2012, respectively.
The estimated fair value of the investment approximated its amortized cost and, therefore, there were no significant unrealized
holding gains or losses.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">In 2012, a Thai subsidiary invested
$360 (Baht 11 million) in subordinated debentures of Bangkok Bank Public Company Limited. The debentures bear a fixed interest
rate of 4.375% per annum with a maturity of ten years callable at the option of the issuer after five years. As the call option
is clearly and closely related to the debt host contract, no bifurcation of embedded call option is required.&#160; The debentures
are marketable and rated AA-  by Fitch Rating (Thailand) Ltd.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">The investments in equity securities
in privately-held companies are recorded at cost as their market value is not readily and publicly determinable. It consists of
the investment in Thai Metal Processing Co., Ltd, (&#147;TMP&#148;) which is engaged in the fabrication of copper rods. The investments
were not evaluated for impairment because the Company did not identify any events or changes in circumstances that may have a significant
effect on the fair value of the investments. During the years ended December 31, 2010, 2011 and 2012, the Company received dividends
of $106, $111 and $109 from TMP, respectively, which was recorded in other income in the consolidated statements of operations.</p><span></span></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for  investments in certain debt and equity securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 10<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6872113&amp;loc=d3e27405-111563<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 310<br><br> -SubTopic 30<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6379141&amp;loc=d3e15032-111544<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 115<br><br> -Paragraph 3, 19, 20, 21, 22, 137<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 320<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6957658&amp;loc=d3e62557-112803<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -Glossary Equity Security<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6511694<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -Glossary Debt Security<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6509901<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6872113&amp;loc=d3e27232-111563<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6872113&amp;loc=d3e27357-111563<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6872113&amp;loc=d3e27161-111563<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6872113&amp;loc=d3e27290-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ECSAG">
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        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 8 - BANK LOANS AND OVERDRAFTS (Details Narrative) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="1"></th>
        <th class="th" colspan="1"></th>
        <th class="th" colspan="1"></th>
        <th class="th" colspan="1">12 Months Ended</th>
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        <th class="th" colspan="1"></th>
        <th class="th" colspan="1"></th>
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          <div>Dec. 31, 2012</div>
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        <th class="th">
          <div>Dec. 31, 2011</div>
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        <th class="th">
          <div>Dec. 31, 2010</div>
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</div>
          <div>Bangkok Bank Hong Kong</div>
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        <th class="th">
          <div>Dec. 31, 2012

</div>
          <div>Line of Credit [Member]</div>
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        <th class="th">
          <div>Dec. 31, 2011

</div>
          <div>Line of Credit [Member]</div>
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        <th class="th">
          <div>Dec. 31, 2012

</div>
          <div>Letter of Credit [Member]</div>
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        <th class="th">
          <div>Dec. 31, 2011

</div>
          <div>Letter of Credit [Member]</div>
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        <th class="th">
          <div>Dec. 31, 2012

</div>
          <div>Open Letters of Credit [Member]</div>
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          <div>Dec. 31, 2011

</div>
          <div>Open Letters of Credit [Member]</div>
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        <td class="nump">$ 336,053<span></span></td>
        <td class="nump">$ 316,369<span></span></td>
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        <td class="text">&#xA0;<span></span></td>
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        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">227,147<span></span></td>
        <td class="nump">224,640<span></span></td>
        <td class="nump">144,183<span></span></td>
        <td class="nump">128,409<span></span></td>
        <td class="nump">39,793<span></span></td>
        <td class="nump">49,596<span></span></td>
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        <td class="nump">16,383<span></span></td>
        <td class="nump">15,792<span></span></td>
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        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="nump">11,217<span></span></td>
        <td class="nump">12,024<span></span></td>
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        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="nump">35,338<span></span></td>
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        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="nump">3.40%<span></span></td>
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        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="text">&#xA0;<span></span></td>
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        <td class="text">SIBOR (Singapore Inter-bank Borrowing Rate) plus 2.5% for a period of 5.5 years, adjusted quarterly as the SIBOR fluctuates.<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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                <p>Custom Element.</p>
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                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                    <td>xbrli:monetaryItemType</td>
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                    <td>duration</td>
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                <p>Custom Element.</p>
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                <p>No definition available.</p>
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                    <td>xbrli:monetaryItemType</td>
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                    <td>debit</td>
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                    <td>instant</td>
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                <p>Custom Element.</p>
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                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_TradingFacilitySecuredByAssets</nobr></td>
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                    <td>apwc_</td>
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                    <td>xbrli:monetaryItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                    <td>instant</td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Reflects the calculation as of the balance sheet date of the average interest rate weighted by the amount of debt outstanding by type or by instrument at that time.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                    <td>instant</td>
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          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount borrowed under the credit facility as of the balance sheet date.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 19, 22<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_LineOfCreditFacilityAmountOutstanding</nobr></td>
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                    <td>us-gaap_</td>
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                    <td>xbrli:monetaryItemType</td>
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                    <td><strong> Balance Type:</strong></td>
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                    <td>instant</td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The maximum amount of borrowing capacity under a line of credit that is available as of the balance sheet date for financing purchases of goods acquired for inventory or imminent delivery to a customer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                    <td>us-gaap_</td>
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                    <td>xbrli:monetaryItemType</td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Description of the interest rate for the amounts borrowed under the credit facility, including the terms and the method for determining the interest rate (for example, fixed or variable, LIBOR plus a percentage, increasing rate, timing of interest rate resets, remarketing provisions).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 129<br><br> -Paragraph 2, 4<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.19(b),22(b))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 19, 22<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                    <td><nobr>us-gaap_LineOfCreditFacilityInterestRateDescription</nobr></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 129<br><br> -Paragraph 2, 4<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.19(b),22(b))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 19, 22<br><br> -Article 5<br><br><br><br></p>
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                    <td><nobr>us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity</nobr></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The carrying amount of the outstanding balance due under the mortgage loan.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 948<br><br> -SubTopic 310<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.12-29)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6589523&amp;loc=d3e617274-123014<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 205<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 6<br><br> -Subparagraph (SX 210.5-04.(c) Schedule IV)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6882300&amp;loc=d3e5864-122674<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 29<br><br> -Article 12<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph c<br><br> -Subparagraph Schedule IV<br><br> -Article 5<br><br><br><br></p>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
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          <div style="width: 200px;"><strong>Note 5 - SHORT-TERM BANK DEPOSITS<br></strong></div>
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        <th class="th" colspan="1">12 Months Ended</th>
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          <div>Dec. 31, 2012</div>
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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">Short-term bank
deposits are deposits with maturities of more than three months but less than one year. Restricted short-term bank deposits represent
the amounts of cash pledged by two subsidiaries in Thailand to secure credit facilities granted by financial institutions.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">These bank deposits
bear interest rates ranging from 0.3% to 3.7% and 0.25% to 2.75% per annum as of December 31, 2011 and 2012, respectively.</p><span></span></td>
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          <div style="width: 200px;"><strong>Note 6 - GOODWILL<br></strong></div>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_NotesToFinancialStatementsAbstract', window );"><strong>Notes to Financial Statements</strong></a></td>
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31, 2010 relating to the manufactured products segment and the changes in the carrying amount of goodwill were as follows:</p>

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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The carrying amount of goodwill was $nil as of each of December 31, 2011 and 2012.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.1pt; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.1pt; text-align: justify">In accordance with ASC 350, the Company
assessed the fair value of the reporting unit as of December 31, 2011. The Company adopted the discounted cash flow approach and,
considering that the reporting unit constituted the majority of the overall consolidated group, by reference to the closing price
of its common shares on that date as well as an assumed control premium. From January 2011 to December 2011, the stock market downturn
caused a decline in the Company&#146;s stock price by 54.8%, which resulted in a significant reduction in the Company&#146;s
market capitalization. As of December 31, 2011, the assessed fair value was below the carrying value of the reporting unit. The
Company then performed a hypothetical purchase price allocation using the fair value of reporting unit and determined that the
goodwill was fully impaired. As a result, the Company recognized a goodwill impairment charge of $8,791 for the year ended December
31, 2011 as a separate item in the consolidated statements of operations.</p>

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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final.  May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 350<br><br> -SubTopic 30<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7658586&amp;loc=d3e16373-109275<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 350<br><br> -SubTopic 30<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7658586&amp;loc=d3e16265-109275<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 350<br><br> -SubTopic 30<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7658586&amp;loc=d3e16323-109275<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 142<br><br> -Paragraph 42, 43, 44, 45, 46, 47<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 350<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=14024403&amp;loc=d3e13854-109267<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 350<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=14024403&amp;loc=d3e13816-109267<br><br><br><br></p>
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          <div style="width: 200px;"><strong>Note 8 - BANK LOANS AND OVERDRAFTS<br></strong></div>
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        <th class="th" colspan="1">12 Months Ended</th>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_NotesToFinancialStatementsAbstract', window );"><strong>Notes to Financial Statements</strong></a></td>
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the line of credit arrangements for short-term debt with the Company&#146;s bankers, the Company may borrow up to approximately
$336,053 (2011: $316,369) on such terms as the Company and the banks may mutually agree upon.&#160; These arrangements do not have
termination dates but are reviewed annually for renewal.&#160; As of December 31, 2012, the unused portion of the credit lines
was approximately $227,147</font> (2011: <font style="color: black">$224,640</font>)<font style="color: black">, which included
unused letters of credit amounting to </font>$144,183 (2011: $128,409)<font style="color: black">. Letters of credit are issued
by the Company in the ordinary course of business through major financial institutions as required by certain vendor contracts.
As of December 31, 2012, the Company had open letters of credit totaling </font>$39,793 (2011: $49,596).<font style="color: black">
Liabilities relating to the letters of credit are included in current liabilities.</font></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">The credit lines
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    <td style="font-size: 8pt"><font style="font-size: 8pt; color: black">Pledge of not fewer than 161.5 million shares of Charoong Thai; and&#160;&#160;</font></td></tr>
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    <td>&#160;</td></tr>
<tr style="vertical-align: top">
    <td nowrap="nowrap" style="font: 8pt Times New Roman, Times, Serif"><font style="font-size: 8pt">(v)</font></td>
    <td>&#160;</td>
    <td style="font-size: 8pt"><font style="font-size: 8pt; color: black">A trading facility was secured by all the assets and uncalled capital with total carrying amount of $35,425 of a subsidiary as at December 31, 2012 (2011: $31,414).</font></td></tr>
</table>
<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The weighted average interest rates on bank loans and overdrafts as of December 31, 2010, 2011 and 2012 were 3.6%, 3.7% and 3.4%
per annum, respectively.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">During 2011,
CCH (HK) entered into a bank loan agreement with Bangkok Bank Hong Kong Branch with a total loan amount of US$ 14 million and a
trade facility of US$ 8 million. The loan carries an interest rate of SIBOR (Singapore Inter-bank Borrowing Rate) plus 2.5% for
a period of 5.5 years, adjusted on a quarterly basis. The bank loan is guaranteed by the Company, as guarantor.&#160; As of December
31, 2011, CCH (HK) was not in compliance with certain financial and non-financial loan covenants and the loan became callable on
demand. The outstanding balance was classified as current liabilities as of December 31, 2011.</p>

<p style="font: 8pt Courier New, Courier, Monospace; margin: 0; text-indent: 0.5in">&#160;&#160;&#160;&#160;&#160;&#160; &#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt">As of December
31, 2012, the loan was classified as current liabilities and it had been fully repaid subsequently.</p><span></span></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(k))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6881521&amp;loc=d3e23780-122690<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 3, 4<br><br> -Article 5<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 310<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7512638&amp;loc=d3e5074-111524<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 310<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7512638&amp;loc=d3e5162-111524<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.3,4)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph k<br><br> -Article 4<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Statement of Position (SOP)<br><br> -Number 01-6<br><br> -Paragraph 13<br><br> -Subparagraph d<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 310<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7512638&amp;loc=d3e5066-111524<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 7<br><br> -Article 9<br><br><br><br></p>
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    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EPDAC">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 10 - VALUATION AND QUALIFYING ACCOUNTS (Details Narrative) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="2">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_Note10ValuationAndQualifyingAccountsDetailsNarrativeAbstract', window );"><strong>Note 10 - Valuation And Qualifying Accounts Details Narrative</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InventoryWriteDown', window );">Inventory write-down</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">$ 1,725<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_CopperPrice', window );">Copper price</a></td>
        <td class="nump">8,000<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ImpairmentChargeOnReclassifiedAssets', window );">Impairment charge</a></td>
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        <td class="nump">$ 3,572<span></span></td>
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          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
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                    <td><strong> Data Type:</strong></td>
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                    <td><strong> Balance Type:</strong></td>
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          </td>
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                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_Note10ValuationAndQualifyingAccountsDetailsNarrativeAbstract</nobr></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>For the asset that is reclassified back to held and used from held-for-sale, the amount of impairment charge that is recognized on the reclassification date.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 360<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 7<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8077374&amp;loc=d3e2459-110228<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 144<br><br> -Paragraph 38<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 360<br><br> -SubTopic 10<br><br> -Section 35<br><br> -Paragraph 44<br><br> -URI http://asc.fasb.org/extlink&amp;oid=16397438&amp;loc=d3e1756-110224<br><br><br><br></p>
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                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
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                    <td><strong> Balance Type:</strong></td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Charge to cost of goods sold that represents the reduction of the carrying amount of inventory, generally attributable to obsolescence or market conditions.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Concepts (CON)<br><br> -Number 6<br><br> -Paragraph 86<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 43<br><br> -Section 7<br><br> -Paragraph 14<br><br> -Chapter 4<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 330<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6386783&amp;loc=d3e4542-108314<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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                    <td><strong> Name:</strong></td>
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                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                    <td><strong> Balance Type:</strong></td>
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<DOCUMENT>
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<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <link rel="StyleSheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script></head>
  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EI1AG">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 19 - DEFINED CONTRIBUTION AND BENEFIT PLANS (Details) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2010</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetRetirementObligationAbstract', window );"><strong>Change in benefit obligation:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanBenefitObligation', window );">Benefit obligation at beginning of year</a></td>
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        <td class="nump">$ 2,761<span></span></td>
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      <tr class="re">
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        <td class="nump">110<span></span></td>
        <td class="num">(136)<span></span></td>
        <td class="nump">285<span></span></td>
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      <tr class="ro">
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        <td class="nump">192<span></span></td>
        <td class="nump">181<span></span></td>
        <td class="nump">302<span></span></td>
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      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanInterestCost', window );">Interest cost</a></td>
        <td class="nump">128<span></span></td>
        <td class="nump">106<span></span></td>
        <td class="nump">223<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanBenefitsPaid', window );">Benefits paid</a></td>
        <td class="num">(1,038)<span></span></td>
        <td class="num">(219)<span></span></td>
        <td class="num">(61)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ActuarialLoss1', window );">Actuarial loss</a></td>
        <td class="nump">153<span></span></td>
        <td class="nump">244<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit', window );">Prior service cost</a></td>
        <td class="nump">2,973<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanCurtailments', window );">Curtailment</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="num">(2)<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanOtherChanges', window );">Other adjustment</a></td>
        <td class="nump">387<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanBenefitObligation', window );">Benefit obligation at end of year</a></td>
        <td class="nump">5,840<span></span></td>
        <td class="nump">2,935<span></span></td>
        <td class="nump">2,761<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanChangeInFairValueOfPlanAssetsRollForward', window );"><strong>Change in plan assets:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets', window );">Fair value of plan assets at beginning of year</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanContributionsByEmployer', window );">Employer's contribution</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets', window );">Fair value of plan assets at end of year</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_FundedStatus', window );">Funded status</a></td>
        <td class="num">(5,840)<span></span></td>
        <td class="num">(2,935)<span></span></td>
        <td class="num">(2,761)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanAmortizationOfTransitionObligationsAssets', window );">Unrealized net transition obligation</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_UnrecognizedNetActuarialLossGain', window );">Unrecognized net actuarial loss (gain)</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_AccruedBenefitCost', window );">Accrued benefit cost</a></td>
        <td class="num">(5,840)<span></span></td>
        <td class="num">(2,935)<span></span></td>
        <td class="num">(2,761)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCostAbstract', window );"><strong>Components of net periodic benefit cost:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_DefinedBenefitPlanServiceCost1', window );">Service cost</a></td>
        <td class="nump">192<span></span></td>
        <td class="nump">181<span></span></td>
        <td class="nump">302<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_DefinedBenefitPlanInterestCost1', window );">Interest cost</a></td>
        <td class="nump">128<span></span></td>
        <td class="nump">106<span></span></td>
        <td class="nump">223<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_AmortizationsAbstract', window );"><strong>Amortizations of:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanAmortizationOfNetPriorServiceCostCredit', window );">Unrecognized net prior service cost (credit)</a></td>
        <td class="num">(7)<span></span></td>
        <td class="num">(8)<span></span></td>
        <td class="num">(8)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_UnrecognizedActuarialLoss', window );">Unrecognized actuarial loss</a></td>
        <td class="nump">151<span></span></td>
        <td class="nump">9<span></span></td>
        <td class="nump">22<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_OtherAdjustment', window );">Other adjustment</a></td>
        <td class="nump">387<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_NetPeriodicBenefitCost', window );">Net periodic benefit cost</a></td>
        <td class="nump">851<span></span></td>
        <td class="nump">288<span></span></td>
        <td class="nump">539<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeAbstract', window );"><strong>Amounts recognized in accumulated other comprehensive loss consist of the following: (recognized under ASC 715)</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ActuarialLoss', window );">Actuarial loss</a></td>
        <td class="nump">748<span></span></td>
        <td class="nump">602<span></span></td>
        <td class="nump">669<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_PriorServiceCreditCost', window );">Prior service (credit) cost</a></td>
        <td class="nump">2,862<span></span></td>
        <td class="nump">7<span></span></td>
        <td class="num">(129)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax', window );">Total recognized in other comprehensive loss</a></td>
        <td class="nump">$ 3,610<span></span></td>
        <td class="nump">$ 609<span></span></td>
        <td class="nump">$ 540<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_AccruedBenefitCost">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_AccruedBenefitCost</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_ActuarialLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_ActuarialLoss</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_ActuarialLoss1">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>No authoritative reference available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_ActuarialLoss1</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_AmortizationsAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_AmortizationsAbstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_DefinedBenefitPlanInterestCost1">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_DefinedBenefitPlanInterestCost1</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_DefinedBenefitPlanServiceCost1">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_DefinedBenefitPlanServiceCost1</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_FundedStatus">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_FundedStatus</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_NetPeriodicBenefitCost">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_NetPeriodicBenefitCost</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_OtherAdjustment</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_PriorServiceCreditCost">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_PriorServiceCreditCost</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_UnrecognizedActuarialLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_UnrecognizedActuarialLoss</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_UnrecognizedNetActuarialLossGain">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_UnrecognizedNetActuarialLossGain</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetRetirementObligationAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AssetRetirementObligationAbstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetRetirementObligationForeignCurrencyTranslation">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of the Increase or Decrease in the amount of asset retirement obligations for the period associated with foreign currency translation (to the extent that the entity accounts for the foreign currency effects as a separate component of the change in the liability).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 410<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6392692&amp;loc=d3e7535-110849<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 143<br><br> -Paragraph 22<br><br> -Subparagraph c<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AssetRetirementObligationForeignCurrencyTranslation</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DefinedBenefitPlanAmortizationOfNetPriorServiceCostCredit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amounts in accumulated other comprehensive income related to prior service cost or credit expected to be recognized as components of net periodic benefit cost over the next fiscal year that follows the most recent annual statement of financial position presented.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (s)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21915506&amp;loc=d3e1928-114920<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 158<br><br> -Paragraph 7<br><br> -Subparagraph d<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 132R<br><br> -Paragraph 5<br><br> -Subparagraph s<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DefinedBenefitPlanAmortizationOfNetPriorServiceCostCredit</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of the prior service cost or credit recognized in net periodic benefit cost relating to benefit changes attributable to plan participants' prior service pursuant to a plan amendment or a plan initiation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (h)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21915506&amp;loc=d3e1928-114920<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 132R<br><br> -Paragraph 5<br><br> -Subparagraph h<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DefinedBenefitPlanAmortizationOfTransitionObligationsAssets">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of the transition obligation or asset recognized in net periodic benefit cost.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 132R<br><br> -Paragraph 5<br><br> -Subparagraph h<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (h)(6)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21915506&amp;loc=d3e1928-114920<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DefinedBenefitPlanAmortizationOfTransitionObligationsAssets</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeAbstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DefinedBenefitPlanBenefitObligation">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>1) For defined benefit pension plans, the benefit obligation is the projected benefit obligation, which is the actuarial present value as of a date of all benefits attributed by the pension benefit formula to employee service rendered prior to that date.  2) For other postretirement defined benefit plans, the benefit obligation is the accumulated postretirement benefit obligation, which is the actuarial present value of benefits attributed to employee service rendered to a particular date.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Accumulated Postretirement Benefit Obligation<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6503904<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 132R<br><br> -Paragraph 6<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 132R<br><br> -Paragraph 5<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 132R<br><br> -Paragraph E1<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21915506&amp;loc=d3e1928-114920<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Projected Benefit Obligation<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6522206<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DefinedBenefitPlanBenefitObligation</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DefinedBenefitPlanBenefitsPaid">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of payments made for which participants are entitled under a pension plan, including pension benefits, death benefits, and benefits due on termination of employment. Also includes payments made under a postretirement benefit plan, including prescription drug benefits, health care benefits, life insurance benefits, and legal, educational and advisory services. This item represents a periodic decrease to the plan obligations and a decrease to plan assets.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (a)(6)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21915506&amp;loc=d3e1928-114920<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 87<br><br> -Paragraph 264<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 132R<br><br> -Paragraph 5<br><br> -Subparagraph a, b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 106<br><br> -Paragraph 518<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Staff Position (FSP)<br><br> -Number FAS106-2<br><br> -Paragraph 22<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Postretirement Benefits<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6521376<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (b)(5)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21915506&amp;loc=d3e1928-114920<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 30<br><br> -Glossary Benefits<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6506267<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 60<br><br> -Section 50<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6414203&amp;loc=d3e39716-114964<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 60<br><br> -Glossary Benefits<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6506309<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DefinedBenefitPlanBenefitsPaid</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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              </div>
            </div>
          </td>
        </tr>
      </table>
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        <tr>
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          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DefinedBenefitPlanChangeInFairValueOfPlanAssetsRollForward</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
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                    <td><strong> Data Type:</strong></td>
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                    <td><strong> Balance Type:</strong></td>
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              </div>
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        </tr>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase in the fair value of plan assets from contributions made by the employer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 132R<br><br> -Paragraph 5<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (b)(3)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21915506&amp;loc=d3e1928-114920<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DefinedBenefitPlanContributionsByEmployer</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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            </div>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of decrease that is related to an event that significantly reduces the expected years of future service of present employees or eliminates for a significant number of employees the accrual of defined benefits for some or all of their future services.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (a)(10)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21915506&amp;loc=d3e1928-114920<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Plan Curtailment<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6520938<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 87<br><br> -Paragraph 264<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 30<br><br> -Section 15<br><br> -Paragraph 6<br><br> -Subparagraph (a)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7577095&amp;loc=d3e8001-114927<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 106<br><br> -Paragraph 518<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 132R<br><br> -Paragraph 5<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 88<br><br> -Paragraph 6<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DefinedBenefitPlanCurtailments</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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            </div>
          </td>
        </tr>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Assets, usually stocks, bonds, and other investments, that have been segregated and restricted (usually in a trust) to provide benefits, at their fair value as of the measurement date. Plan assets include amounts contributed by the employer (and by employees for a contributory plan) and amounts earned from investing the contributions, less benefits paid. If a plan has liabilities other than for benefits, those non-benefit obligations may be considered as reductions of plan assets.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 30<br><br> -Section 35<br><br> -Paragraph 50<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6867990&amp;loc=d3e12355-114930<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 87<br><br> -Paragraph 49<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 132R<br><br> -Paragraph 5<br><br> -Subparagraph d(iv)(b)(i)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 132R<br><br> -Paragraph 5<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21915506&amp;loc=d3e1928-114920<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DefinedBenefitPlanFairValueOfPlanAssets</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
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            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DefinedBenefitPlanInterestCost">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase in a defined benefit pension plan's projected benefit obligation or a defined benefit postretirement plan's accumulated postretirement benefit obligation due to the passage of time.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (a)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21915506&amp;loc=d3e1928-114920<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 132R<br><br> -Paragraph 5<br><br> -Subparagraph a, h<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 87<br><br> -Paragraph 264<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 106<br><br> -Paragraph 518<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (h)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21915506&amp;loc=d3e1928-114920<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DefinedBenefitPlanInterestCost</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                    <td><strong> Balance Type:</strong></td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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        </tr>
      </table>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DefinedBenefitPlanNetPeriodicBenefitCostAbstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DefinedBenefitPlanOtherChanges">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Changes in the defined benefit obligation, not otherwise separately disclosed in the financial statements.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DefinedBenefitPlanOtherChanges</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DefinedBenefitPlanServiceCost">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The actuarial present value of benefits attributed by the pension benefit formula to services rendered by employees during the period. The portion of the expected postretirement benefit obligation attributed to employee service during the period. The service cost component is a portion of the benefit obligation and is unaffected by the funded status of the plan.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 132R<br><br> -Paragraph 5<br><br> -Subparagraph a, h<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Service Cost (Component of Net Periodic Pension Cost)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6525008<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 87<br><br> -Paragraph 264<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (a)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21915506&amp;loc=d3e1928-114920<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 106<br><br> -Paragraph 518<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (h)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21915506&amp;loc=d3e1928-114920<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DefinedBenefitPlanServiceCost</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Before tax amount, net of reclassifications, of pension and other postretirement benefit plans (gain) loss included in accumulated other comprehensive income.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 10A<br><br> -Subparagraph (i-k)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=20435746&amp;loc=SL7669646-108580<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
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<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <link rel="StyleSheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script></head>
  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EN3AG">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 11 - INCOME TAXES (Details 1) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2010</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract', window );"><strong>Current:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CurrentIncomeTaxExpenseBenefit', window );">Total current</a></td>
        <td class="nump">$ 7,019<span></span></td>
        <td class="nump">$ 6,839<span></span></td>
        <td class="nump">$ 6,349<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract', window );"><strong>Deferred:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredOtherTaxExpenseBenefit', window );">Total deferred</a></td>
        <td class="nump">2,341<span></span></td>
        <td class="num">(1,959)<span></span></td>
        <td class="nump">164<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_BenefitsOfOperatingLossCarriedForwards', window );">The benefits of operating loss carried forwards</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="num">(314)<span></span></td>
        <td class="num">(72)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_IncomeTaxExpenseBenefit1', window );">Provision (benefit) for income taxes</a></td>
        <td class="nump">8,383<span></span></td>
        <td class="nump">4,566<span></span></td>
        <td class="nump">6,441<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_OtherComprehensiveIncomeLossTax1', window );">Allocated to other comprehensive income (loss)</a></td>
        <td class="num">(1,045)<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">84<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Thailand</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract', window );"><strong>Current:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CurrentIncomeTaxExpenseBenefit', window );">Total current</a></td>
        <td class="nump">4,442<span></span></td>
        <td class="nump">4,869<span></span></td>
        <td class="nump">4,069<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract', window );"><strong>Deferred:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredOtherTaxExpenseBenefit', window );">Total deferred</a></td>
        <td class="nump">1,583<span></span></td>
        <td class="num">(1,446)<span></span></td>
        <td class="nump">170<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Singapore</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract', window );"><strong>Current:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CurrentIncomeTaxExpenseBenefit', window );">Total current</a></td>
        <td class="nump">382<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract', window );"><strong>Deferred:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredOtherTaxExpenseBenefit', window );">Total deferred</a></td>
        <td class="nump">512<span></span></td>
        <td class="num">(154)<span></span></td>
        <td class="nump">59<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">The People's Republic of China</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract', window );"><strong>Current:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CurrentIncomeTaxExpenseBenefit', window );">Total current</a></td>
        <td class="nump">149<span></span></td>
        <td class="nump">679<span></span></td>
        <td class="nump">1,324<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract', window );"><strong>Deferred:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredOtherTaxExpenseBenefit', window );">Total deferred</a></td>
        <td class="num">(192)<span></span></td>
        <td class="num">(43)<span></span></td>
        <td class="nump">197<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Australia</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract', window );"><strong>Current:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CurrentIncomeTaxExpenseBenefit', window );">Total current</a></td>
        <td class="nump">1,069<span></span></td>
        <td class="nump">1,291<span></span></td>
        <td class="nump">956<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract', window );"><strong>Deferred:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredOtherTaxExpenseBenefit', window );">Total deferred</a></td>
        <td class="nump">$ 438<span></span></td>
        <td class="num">$ (316)<span></span></td>
        <td class="num">$ (262)<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_BenefitsOfOperatingLossCarriedForwards">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_BenefitsOfOperatingLossCarriedForwards</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_IncomeTaxExpenseBenefit1">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_IncomeTaxExpenseBenefit1</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_OtherComprehensiveIncomeLossTax1">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_OtherComprehensiveIncomeLossTax1</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CurrentIncomeTaxExpenseBenefit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The component of income tax expense for the period representing amounts of income taxes paid or payable (or refundable) for the period for all income tax obligations as determined by applying the provisions of relevant enacted tax laws to relevant amounts of taxable Income or Loss from continuing operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 289<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Current Tax Expense (or Benefit)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6509736<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32639-109319<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SAB TOPIC 6.I.7)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6889476&amp;loc=d3e330036-122817<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 45<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph h<br><br> -Article 4<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(h))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6881521&amp;loc=d3e23780-122690<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 6<br><br> -Section I<br><br> -Subsection 7<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CurrentIncomeTaxExpenseBenefit</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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          </td>
        </tr>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract</nobr></td>
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                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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        <tr>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredOtherTaxExpenseBenefit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The change during the period in the entity's deferred tax assets and liabilities attributable to continuing operations as determined by applying enacted tax laws other than federal, domestic, foreign, state or local. Items affecting deferred income taxes and required to be disclosed, but not included elsewhere, would also be designated as "Other"; for example, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity and adjustments to be beginning-of-year balance of a valuation allowance because of a change in circumstance that causes a change in judgment about the realizability of the related deferred tax asset in future periods.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (g),(h)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32639-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(h))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6881521&amp;loc=d3e23780-122690<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph h<br><br> -Article 4<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SAB TOPIC 6.I.7)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6889476&amp;loc=d3e330036-122817<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 45<br><br> -Subparagraph g, h<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Deferred Tax Expense (or Benefit)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6510177<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 6<br><br> -Section I<br><br> -Subsection 7<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 8, 16, 17, 289<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DeferredOtherTaxExpenseBenefit</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                  <tr>
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                    <td>duration</td>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EGUBG">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 10 - VALUATION AND QUALIFYING ACCOUNTS (Details) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2010</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ValuationAllowancesAndReservesBalance', window );">Balance at beginning of year</a></td>
        <td class="nump">$ 12,256<span></span></td>
        <td class="nump">$ 14,018<span></span></td>
        <td class="nump">$ 15,178<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ValuationAllowancesAndReservesNetChargeCreditToIncome', window );">Net charge (credit) to income</a></td>
        <td class="nump">1,382<span></span></td>
        <td class="nump">68<span></span></td>
        <td class="num">(831)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ValuationAllowancesAndReservesDeductions', window );">Deduction</a></td>
        <td class="num">(8,729)<span></span></td>
        <td class="num">(1,552)<span></span></td>
        <td class="num">(1,063)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ValuationAllowancesAndReservesCurrencyTranslationAdjustment', window );">Currency translation adjustment</a></td>
        <td class="nump">1,131<span></span></td>
        <td class="num">(278)<span></span></td>
        <td class="nump">734<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ValuationAllowancesAndReservesBalance', window );">Balance at end of year</a></td>
        <td class="nump">6,040<span></span></td>
        <td class="nump">12,256<span></span></td>
        <td class="nump">14,018<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Allowance for doubtful accounts</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ValuationAllowancesAndReservesBalance', window );">Balance at beginning of year</a></td>
        <td class="nump">4,614<span></span></td>
        <td class="nump">6,886<span></span></td>
        <td class="nump">8,694<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ValuationAllowancesAndReservesNetChargeCreditToIncome', window );">Net charge (credit) to income</a></td>
        <td class="num">(720)<span></span></td>
        <td class="num">(1,555)<span></span></td>
        <td class="num">(1,317)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ValuationAllowancesAndReservesDeductions', window );">Deduction</a></td>
        <td class="num">(1,425)<span></span></td>
        <td class="num">(664)<span></span></td>
        <td class="num">(1,063)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ValuationAllowancesAndReservesCurrencyTranslationAdjustment', window );">Currency translation adjustment</a></td>
        <td class="nump">111<span></span></td>
        <td class="num">(53)<span></span></td>
        <td class="nump">572<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ValuationAllowancesAndReservesBalance', window );">Balance at end of year</a></td>
        <td class="nump">2,580<span></span></td>
        <td class="nump">4,614<span></span></td>
        <td class="nump">6,886<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Inventory impairment Lower of cost or market</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ValuationAllowancesAndReservesBalance', window );">Balance at beginning of year</a></td>
        <td class="nump">2,019<span></span></td>
        <td class="nump">1,196<span></span></td>
        <td class="nump">3,214<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ValuationAllowancesAndReservesNetChargeCreditToIncome', window );">Net charge (credit) to income</a></td>
        <td class="nump">1,157<span></span></td>
        <td class="nump">1,725<span></span></td>
        <td class="num">(2,219)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ValuationAllowancesAndReservesDeductions', window );">Deduction</a></td>
        <td class="num">(3,945)<span></span></td>
        <td class="num">(888)<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ValuationAllowancesAndReservesCurrencyTranslationAdjustment', window );">Currency translation adjustment</a></td>
        <td class="nump">1,025<span></span></td>
        <td class="num">(14)<span></span></td>
        <td class="nump">201<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ValuationAllowancesAndReservesBalance', window );">Balance at end of year</a></td>
        <td class="nump">256<span></span></td>
        <td class="nump">2,019<span></span></td>
        <td class="nump">1,196<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Inventory impairment Obsolescence</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ValuationAllowancesAndReservesBalance', window );">Balance at beginning of year</a></td>
        <td class="nump">1,306<span></span></td>
        <td class="nump">1,119<span></span></td>
        <td class="nump">781<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ValuationAllowancesAndReservesNetChargeCreditToIncome', window );">Net charge (credit) to income</a></td>
        <td class="nump">419<span></span></td>
        <td class="nump">268<span></span></td>
        <td class="nump">245<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ValuationAllowancesAndReservesDeductions', window );">Deduction</a></td>
        <td class="num">(336)<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ValuationAllowancesAndReservesCurrencyTranslationAdjustment', window );">Currency translation adjustment</a></td>
        <td class="num">(16)<span></span></td>
        <td class="num">(81)<span></span></td>
        <td class="nump">93<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ValuationAllowancesAndReservesBalance', window );">Balance at end of year</a></td>
        <td class="nump">1,373<span></span></td>
        <td class="nump">1,306<span></span></td>
        <td class="nump">1,119<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Allowance for deferred tax assets</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ValuationAllowancesAndReservesBalance', window );">Balance at beginning of year</a></td>
        <td class="nump">875<span></span></td>
        <td class="nump">4,817<span></span></td>
        <td class="nump">2,489<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ValuationAllowancesAndReservesNetChargeCreditToIncome', window );">Net charge (credit) to income</a></td>
        <td class="nump">466<span></span></td>
        <td class="num">(3,942)<span></span></td>
        <td class="nump">2,460<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ValuationAllowancesAndReservesDeductions', window );">Deduction</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ValuationAllowancesAndReservesCurrencyTranslationAdjustment', window );">Currency translation adjustment</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="num">(132)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ValuationAllowancesAndReservesBalance', window );">Balance at end of year</a></td>
        <td class="nump">1,341<span></span></td>
        <td class="nump">875<span></span></td>
        <td class="nump">4,817<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Inventory impairment Charges related to flooding</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ValuationAllowancesAndReservesBalance', window );">Balance at beginning of year</a></td>
        <td class="nump">3,442<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ValuationAllowancesAndReservesNetChargeCreditToIncome', window );">Net charge (credit) to income</a></td>
        <td class="nump">60<span></span></td>
        <td class="nump">3,572<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ValuationAllowancesAndReservesDeductions', window );">Deduction</a></td>
        <td class="num">(3,023)<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_ValuationAllowancesAndReservesCurrencyTranslationAdjustment', window );">Currency translation adjustment</a></td>
        <td class="nump">11<span></span></td>
        <td class="num">(130)<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ValuationAllowancesAndReservesBalance', window );">Balance at end of year</a></td>
        <td class="nump">$ 490<span></span></td>
        <td class="nump">$ 3,442<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_ValuationAllowancesAndReservesCurrencyTranslationAdjustment">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_ValuationAllowancesAndReservesCurrencyTranslationAdjustment</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_ValuationAllowancesAndReservesNetChargeCreditToIncome</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ValuationAllowancesAndReservesBalance">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total of allowances and reserves, the valuation and qualifying accounts that are either netted against the cost of an asset (in order to value it at its carrying value) or that reflect a liability established to represent expected future costs.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 09<br><br> -Article 12<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6881521&amp;loc=d3e24092-122690<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ValuationAllowancesAndReservesBalance</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
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          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ValuationAllowancesAndReservesDeductions">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total of the deductions in a given period to allowances and reserves, the valuation and qualifying accounts that are either netted against the cost of an asset (in order to value it at its carrying value) or that reflect a liability established to represent expected future costs, representing receivables written off as uncollectible and portions of the reserves utilized, respectively.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 09<br><br> -Article 12<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6881521&amp;loc=d3e24092-122690<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ValuationAllowancesAndReservesDeductions</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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                </table>
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<DOCUMENT>
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<SEQUENCE>97
<FILENAME>R92.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <link rel="StyleSheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script></head>
  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EKJAG">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 21 -SEGMENT FINANCIAL INFORMATION (Details 1) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2010</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Revenues', window );">Revenue from continuing operations</a></td>
        <td class="nump">$ 462,265<span></span></td>
        <td class="nump">$ 471,946<span></span></td>
        <td class="nump">$ 446,594<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_RevenueFromDiscontinuedOperations', window );">Revenue from discontinued operations</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">30,210<span></span></td>
        <td class="nump">22,736<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Thailand</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Revenues', window );">Revenue from continuing operations</a></td>
        <td class="nump">167,762<span></span></td>
        <td class="nump">176,011<span></span></td>
        <td class="nump">165,191<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Singapore</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Revenues', window );">Revenue from continuing operations</a></td>
        <td class="nump">93,285<span></span></td>
        <td class="nump">86,474<span></span></td>
        <td class="nump">70,154<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Australia</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Revenues', window );">Revenue from continuing operations</a></td>
        <td class="nump">64,402<span></span></td>
        <td class="nump">61,457<span></span></td>
        <td class="nump">46,288<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">ThePeoplesRepublicOfChinaMember</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Revenues', window );">Revenue from continuing operations</a></td>
        <td class="nump">120,763<span></span></td>
        <td class="nump">138,970<span></span></td>
        <td class="nump">146,529<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Vietnam</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Revenues', window );">Revenue from continuing operations</a></td>
        <td class="nump">6,366<span></span></td>
        <td class="nump">5,106<span></span></td>
        <td class="nump">9,752<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Southeast Asia</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Revenues', window );">Revenue from continuing operations</a></td>
        <td class="nump">7,376<span></span></td>
        <td class="nump">3,928<span></span></td>
        <td class="nump">8,680<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Northeast Asia</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Revenues', window );">Revenue from continuing operations</a></td>
        <td class="nump">$ 2,311<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_RevenueFromDiscontinuedOperations">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_RevenueFromDiscontinuedOperations</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Revenues">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 1<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_Revenues</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
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                    <td><strong> Balance Type:</strong></td>
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          <div style="width: 200px;"><strong>Note 6 - GOODWILL (Tables)<br></strong></div>
        </th>
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      <tr>
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                <p>Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.</p>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ELIAE">
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          <div style="width: 200px;"><strong>Note 4 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
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          <div>Dec. 31, 2012</div>
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          <div>Dec. 31, 2010</div>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_ImpairmentChargeOnLongLivedAssets</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Depreciation">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 12<br><br> -Paragraph 5<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_Depreciation</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Goodwill">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 142<br><br> -Paragraph 45<br><br> -Subparagraph e<br><br> -Clause 1<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 350<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=14024403&amp;loc=d3e13816-109267<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 350<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6388280&amp;loc=d3e13770-109266<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 141R<br><br> -Paragraph 68<br><br> -Subparagraph l<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 141R<br><br> -Paragraph 34<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 142<br><br> -Paragraph 43<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 142<br><br> -Paragraph 45<br><br> -Subparagraph e<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 141R<br><br> -Paragraph 72<br><br> -Subparagraph d<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_Goodwill</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GoodwillImpairmentLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Loss recognized during the period that results from the write-down of goodwill after comparing the implied fair value of reporting unit goodwill with the carrying amount of that goodwill. Goodwill is assessed at least annually for impairment.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 350<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (e)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=14024403&amp;loc=d3e13816-109267<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 142<br><br> -Paragraph 43<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 141R<br><br> -Paragraph 72<br><br> -Subparagraph d<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 142<br><br> -Paragraph 45<br><br> -Subparagraph e<br><br> -Clause 5<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 142<br><br> -Paragraph 20<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 142<br><br> -Paragraph 47<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 350<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=14024403&amp;loc=d3e13854-109267<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 350<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6388280&amp;loc=d3e13777-109266<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_GoodwillImpairmentLoss</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ImpairmentOfInvestments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount by which the fair value of an investment is less than the amortized cost basis or carrying amount of that investment at the balance sheet date and the decline in fair value is deemed to be other than temporary, before considering whether or not such amount is recognized in earnings or other comprehensive income.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Staff Position (FSP)<br><br> -Number FAS115-1/124-1<br><br> -Paragraph 15C<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 35<br><br> -Paragraph 34<br><br> -URI http://asc.fasb.org/extlink&amp;oid=16383099&amp;loc=d3e25351-111560<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 115<br><br> -Paragraph 16<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Staff Position (FSP)<br><br> -Number FAS115-1/124-1<br><br> -Paragraph 16B<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Staff Position (FSP)<br><br> -Number FAS115-1/124-1<br><br> -Paragraph 15D<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Staff Position (FSP)<br><br> -Number FAS115-2/124-2<br><br> -Paragraph 22<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ImpairmentOfInvestments</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestCostsCapitalized">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of interest capitalized during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 835<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6450988&amp;loc=d3e26243-108391<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Allowance for Funds Used during Construction<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6504829<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 34<br><br> -Paragraph 21<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_InterestCostsCapitalized</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 13 - ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
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      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_NotesToFinancialStatementsAbstract', window );"><strong>Notes to Financial Statements</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_AccumulatedOtherComprehensiveIncomeLossTextBlock', window );">ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)</a></td>
        <td class="text"><p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 37.2pt; text-align: justify"><font style="font: 8pt Times New Roman, Times, Serif">The
changes in the balances of each component of accumulated other comprehensive income (loss) for the years ended December 31, 2010,
2011 and 2012 are as follows:</font></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in"><font style="font-size: 8pt">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 9pt">
<tr style="vertical-align: bottom">
    <td style="width: 48%; text-align: center"><font style="font-size: 8pt">&#160;</font></td>
    <td style="width: 13%; text-align: center"><font style="font-size: 8pt">Currency translation adjustment</font></td>
    <td style="width: 13%; text-align: center"><font style="font-size: 8pt">Defined benefit pension plan</font></td>
    <td style="width: 13%; text-align: center"><font style="font-size: 8pt">Unrealized loss on available-for-sale securities and others</font></td>
    <td style="width: 13%; text-align: center"><font style="font-size: 8pt">Total</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 5pt; text-indent: -4.4pt"><font style="font-size: 8pt">&#160;</font></td>
    <td><font style="font-size: 8pt">&#160;</font></td>
    <td style="padding-right: 1.5pt; padding-left: 2pt"><font style="font-size: 8pt">&#160;</font></td>
    <td><font style="font-size: 8pt">&#160;</font></td>
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<tr style="vertical-align: top; background-color: #CCEEFF">
    <td><font style="font-size: 8pt">Balance at January 1, 2010 </font></td>
    <td style="text-align: right"><font style="font-size: 8pt">$ (9,660)</font></td>
    <td style="text-align: right"><font style="font-size: 8pt">$ (68)</font></td>
    <td style="text-align: right"><font style="font-size: 8pt">$ (467)</font></td>
    <td style="text-align: right"><font style="font-size: 8pt">$ (10,195)</font></td></tr>
<tr style="vertical-align: top">
    <td><font style="font-size: 8pt">Current-period other comprehensive income (loss)</font></td>
    <td style="text-align: right; text-indent: 0.25in"><font style="font-size: 8pt">12,027</font></td>
    <td style="text-align: right"><font style="font-size: 8pt">(472)</font></td>
    <td style="text-align: right; text-indent: 27pt"><font style="font-size: 8pt">(74)</font></td>
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<tr style="background-color: #CCEEFF">
    <td style="vertical-align: top"><font style="font-size: 8pt">Balance at December 31, 2010</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">$ 2,367</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">$ (540)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">$ (541)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">$ 1,286</font></td></tr>
<tr style="vertical-align: top">
    <td><font style="font-size: 8pt">&#160;</font></td>
    <td style="text-align: right"><font style="font-size: 8pt">&#160;</font></td>
    <td style="text-align: right"><font style="font-size: 8pt">&#160;</font></td>
    <td style="text-align: right"><font style="font-size: 8pt">&#160;</font></td>
    <td style="text-align: right"><font style="font-size: 8pt">&#160;</font></td></tr>
<tr style="vertical-align: top; background-color: #CCEEFF">
    <td><font style="font-size: 8pt">Current-period other comprehensive loss</font></td>
    <td style="text-align: right; text-indent: 22.5pt"><font style="font-size: 8pt">(931)</font></td>
    <td style="text-align: right"><font style="font-size: 8pt">(69)</font></td>
    <td style="text-align: right; text-indent: 31.5pt"><font style="font-size: 8pt">&#150;</font></td>
    <td style="text-align: right; text-indent: 0.25in"><font style="font-size: 8pt">(1,000) </font></td></tr>
<tr style="vertical-align: top">
    <td><font style="font-size: 8pt">Balance at December 31, 2011</font></td>
    <td style="text-align: right"><font style="font-size: 8pt">$ 1,436</font></td>
    <td style="text-align: right"><font style="font-size: 8pt">$ (609)</font></td>
    <td style="text-align: right"><font style="font-size: 8pt">$ (541)</font></td>
    <td style="text-align: right"><font style="font-size: 8pt">$ 286</font></td></tr>
<tr style="vertical-align: top; background-color: #CCEEFF">
    <td><font style="font-size: 8pt">&#160;</font></td>
    <td style="text-align: right"><font style="font-size: 8pt">&#160;</font></td>
    <td style="text-align: right"><font style="font-size: 8pt">&#160;</font></td>
    <td style="text-align: right"><font style="font-size: 8pt">&#160;</font></td>
    <td style="text-align: right"><font style="font-size: 8pt">&#160;</font></td></tr>
<tr style="vertical-align: top">
    <td><font style="font-size: 8pt">Current-period other comprehensive income (loss)</font></td>
    <td style="text-align: right; text-indent: 22.5pt"><font style="font-size: 8pt">5,834</font></td>
    <td style="text-align: right; text-indent: 22.5pt"><font style="font-size: 8pt">(696)</font></td>
    <td style="text-align: right; text-indent: 31.5pt"><font style="font-size: 8pt">&#150;</font></td>
    <td style="text-align: right; text-indent: 22.5pt"><font style="font-size: 8pt">5,138</font></td></tr>
<tr style="background-color: #CCEEFF">
    <td style="vertical-align: top; padding-right: 5pt; text-indent: -4.4pt"><font style="font-size: 8pt">Balance at December
    31, 2012</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">$ 7,270</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">$ (1,305)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 9pt">$ (541)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 9pt">$ 5,424</font></td></tr>
</table><span></span></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>101
<FILENAME>R26.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <link rel="StyleSheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script></head>
  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 19 - DEFINED CONTRIBUTION AND BENEFIT PLANS<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2012</div>
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      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_NotesToFinancialStatementsAbstract', window );"><strong>Notes to Financial Statements</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock', window );">DEFINED CONTRIBUTION AND BENEFIT PLANS</a></td>
        <td class="text"><p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; background-color: white">The Company
records the funded status of the Company&#146;s defined benefit plans in the consolidated balance sheet. Actuarial gains and losses
and prior service costs continue to be deferred and recognized in expense ratably over appropriate future periods, but the overfunded
or underfunded status of the defined benefit plans is now measured as the difference between the fair value of plan assets and
the projected benefit obligation (&#147;PBO&#148;). This difference is recorded as an asset (if overfunded) or a liability (if
underfunded), with a corresponding adjustment to accumulated other comprehensive loss, net of tax. The net unrecognized actuarial
loss and unrecognized prior service costs are recognized in net periodic benefit cost in the consolidated statements of operations,
those amounts are reclassified from accumulated other comprehensive (loss) income. The Company currently measures the funded status
of its plan as of the balance sheet date.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">In accordance with the Thailand labor
law, Charoong Thai<font style="font-family: PMingLiU,serif"> </font>is obliged to make payment to retiring employees, at rates
of 1 to 10 times of their final month&#146;s salary rate, depending on the length of service. The Company&#146;s net periodic
benefit cost was $539, $288 and $851 for the years ended December 31, 2010, 2011 and 2012, respectively.&#160; The plan is not
funded and the amount is recognized $453 in current liabilities and $5,387 in other non-current liabilities on the balance sheet.
The Company pays to settle the obligations as and when employees retire.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">The Company has several defined contribution
plans covering its employees in Australia, PRC and Singapore. Contributions to the plan are made annually. Total charges of continuing
operations for the years ended December 31, 2010, 2011 and 2012 were $708, $891, and $1,253, respectively and for the year ended
December 31, 2010 and the period ended November 30, 2011, that of discontinued operations were $138 and $205, respectively.&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify; text-indent: 0.55pt">In conformity
with ASC 715 <i>&#147;Compensation &#150; Retirement Benefits&#148;</i> (&#147;ASC 715&#148;), the following table sets forth
the Plan&#146;s funded status and pension amounts recognized as at December 31, 2010, 2011 and 2012 based on the latest actuarial
valuation:</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify; text-indent: 0.55pt">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt">
<tr>
    <td style="vertical-align: top; width: 66%; border-top: windowtext 1.5pt solid; border-bottom: windowtext 1pt solid; text-align: right">&#160;</td>
    <td style="vertical-align: bottom; width: 12%; border-top: windowtext 1.5pt solid; border-bottom: windowtext 1pt solid; padding-right: 11pt; text-align: right"><font style="font-size: 8pt">2010</font></td>
    <td style="vertical-align: bottom; width: 11%; border-top: windowtext 1.5pt solid; border-bottom: windowtext 1pt solid; padding-right: 11pt; text-align: right"><font style="font-size: 8pt">2011</font></td>
    <td style="vertical-align: bottom; width: 11%; border-top: windowtext 1.5pt solid; border-bottom: windowtext 1pt solid; padding-right: 11pt; text-align: right"><font style="font-size: 8pt">2012</font></td></tr>
<tr>
    <td style="vertical-align: top">&#160;</td>
    <td style="vertical-align: bottom; text-align: right">&#160;</td>
    <td style="vertical-align: bottom; text-align: right">&#160;</td>
    <td style="vertical-align: bottom; text-align: right">&#160;</td></tr>
<tr>
    <td style="vertical-align: top"><font style="font-size: 8pt">Change in benefit obligation:</font></td>
    <td style="vertical-align: bottom; text-align: right">&#160;</td>
    <td style="vertical-align: bottom; text-align: right">&#160;</td>
    <td style="vertical-align: bottom; text-align: right">&#160;</td></tr>
<tr style="background-color: #CCEEFF">
    <td style="vertical-align: top; padding-left: 9pt"><font style="font-size: 8pt">Benefit obligation at beginning of year </font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">$ 2,012 </font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">$ 2,761</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">$ 2,935</font></td></tr>
<tr>
    <td style="vertical-align: top; padding-left: 9pt"><font style="font-size: 8pt">Foreign currency translation adjustments</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">285</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">(136)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">110</font></td></tr>
<tr style="background-color: #CCEEFF">
    <td style="vertical-align: top; padding-left: 9pt"><font style="font-size: 8pt">Service cost</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">302</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">181</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">192</font></td></tr>
<tr>
    <td style="vertical-align: top; padding-left: 9pt"><font style="font-size: 8pt">Interest cost</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">223</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">106</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">128</font></td></tr>
<tr style="background-color: #CCEEFF">
    <td style="vertical-align: top; padding-left: 9pt"><font style="font-size: 8pt">Benefits paid</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">(61)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">(219)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">(1,038)</font></td></tr>
<tr>
    <td style="vertical-align: top; padding-left: 9pt"><font style="font-size: 8pt">Actuarial loss</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">&#150;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">244</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">153</font></td></tr>
<tr style="background-color: #CCEEFF">
    <td style="vertical-align: top; padding-left: 9pt"><font style="font-size: 8pt">Prior service cost</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">&#150;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">&#150;</font></td>
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<tr>
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    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">&#150;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">(2)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">&#150;</font></td></tr>
<tr style="background-color: #CCEEFF">
    <td style="vertical-align: top; padding-left: 9pt"><font style="font-size: 8pt">Other adjustment </font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">&#150;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">&#150;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">387</font></td></tr>
<tr>
    <td style="vertical-align: top; border-top: windowtext 1pt solid; border-bottom: windowtext 2.25pt double"><font style="font-size: 8pt">Benefit obligation at end of year</font></td>
    <td style="vertical-align: bottom; border-top: windowtext 1pt solid; border-bottom: windowtext 2.25pt double; text-align: right"><font style="font-size: 8pt">$ 2,761 </font></td>
    <td style="vertical-align: bottom; border-top: windowtext 1pt solid; border-bottom: windowtext 2.25pt double; text-align: right"><font style="font-size: 8pt">$ 2,935 </font></td>
    <td style="vertical-align: bottom; border-top: windowtext 1pt solid; border-bottom: windowtext 2.25pt double; text-align: right"><font style="font-size: 8pt">$ 5,840 </font></td></tr>
<tr style="background-color: #CCEEFF">
    <td style="vertical-align: top">&#160;</td>
    <td style="vertical-align: bottom; text-align: right">&#160;</td>
    <td style="vertical-align: bottom; text-align: right">&#160;</td>
    <td style="vertical-align: bottom; text-align: right">&#160;</td></tr>
<tr>
    <td style="vertical-align: top"><font style="font-size: 8pt">Change in plan assets:</font></td>
    <td style="vertical-align: bottom; text-align: right">&#160;</td>
    <td style="vertical-align: bottom; text-align: right">&#160;</td>
    <td style="vertical-align: bottom; text-align: right">&#160;</td></tr>
<tr style="background-color: #CCEEFF">
    <td style="vertical-align: top; padding-left: 9pt"><font style="font-size: 8pt">Fair value of plan assets at beginning of year</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">$ &#150;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">$ &#150;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">$ &#150;&#160;</font></td></tr>
<tr>
    <td style="vertical-align: top"><font style="font-size: 8pt">Employer&#146;s contribution</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">&#150;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">&#150;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">&#150;</font></td></tr>
<tr style="background-color: #CCEEFF">
    <td style="vertical-align: top; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid"><font style="font-size: 8pt">Fair value of plan assets at end of year</font></td>
    <td style="vertical-align: bottom; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; text-align: right"><font style="font-size: 8pt">$ &#150;</font></td>
    <td style="vertical-align: bottom; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; text-align: right"><font style="font-size: 8pt">$ &#150;</font></td>
    <td style="vertical-align: bottom; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; text-align: right"><font style="font-size: 8pt">$ &#150;</font></td></tr>
<tr>
    <td style="vertical-align: top"><font style="font-size: 8pt">Funded status</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">$ (2,761)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">$ (2,935)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">$ (5,840)</font></td></tr>
<tr style="background-color: #CCEEFF">
    <td style="vertical-align: top"><font style="font-size: 8pt">Unrealized net transition obligation</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">&#150;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">&#150;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">&#150;</font></td></tr>
<tr>
    <td style="vertical-align: top; border-bottom: windowtext 1pt solid"><font style="font-size: 8pt">Unrecognized net actuarial loss (gain)</font></td>
    <td style="vertical-align: bottom; border-bottom: windowtext 1pt solid; text-align: right"><font style="font-size: 8pt">&#150;</font></td>
    <td style="vertical-align: bottom; border-bottom: windowtext 1pt solid; text-align: right"><font style="font-size: 8pt">&#150;</font></td>
    <td style="vertical-align: bottom; border-bottom: windowtext 1pt solid; text-align: right"><font style="font-size: 8pt">&#150;</font></td></tr>
<tr style="background-color: #CCEEFF">
    <td style="vertical-align: top; border-bottom: windowtext 2.25pt double"><font style="font-size: 8pt">Accrued benefit cost</font></td>
    <td style="vertical-align: bottom; border-bottom: windowtext 2.25pt double; text-align: right"><font style="font-size: 8pt">$ (2,761)</font></td>
    <td style="vertical-align: bottom; border-bottom: windowtext 2.25pt double; text-align: right"><font style="font-size: 8pt">$ (2,935)</font></td>
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<tr>
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<tr>
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<tr style="background-color: #CCEEFF">
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</table>
<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt">The accumulated benefit obligations amounted to $2,935
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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify">The estimated net loss and prior
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net periodic benefit cost over the next fiscal year are $17 and $175, respectively.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify">The actuarial loss increased due
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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-align: justify; text-indent: -0.25in">-&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Discount rate was changed from 4.8%, 4.2% and 4.0% per annum for 2010, 2011 and 2012 to reflect prevailing bond yield.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-align: justify; text-indent: -0.25in">-&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The mortality rate have been updated from TMO97 table (Thailand Mortality Ordinary Lite Tables 1997) to TMO98 table (Thailand Mortality
Ordinary Lite Tables 2008) reflect the latest available mortality study.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-indent: 0.55pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0.55pt">In 2012, the
benefit obligation, periodic cost and prior service cost increased sharply mainly due to Charoong Thai changed plan provisions:</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 60pt; text-align: justify; text-indent: -24pt">-&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Effective January 1, 2012, the Extra Benefits payment to retiring employees was changed at rates of 1 to 5 times of final month&#146;s
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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-indent: 0.55pt">The significant assumptions used
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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 9pt 0 0; text-indent: 0.5in">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt">
<tr style="vertical-align: top">
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<tr style="vertical-align: top; background-color: #CCEEFF">
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    <td style="padding-right: 5pt; padding-left: 6.4pt; text-align: center; text-indent: -6.4pt">&#160;</td>
    <td style="padding-right: 5pt; padding-left: 6.4pt; text-align: center; text-indent: -6.4pt">&#160;</td></tr>
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<tr style="vertical-align: top; background-color: #CCEEFF">
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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 1.2pt 0 34.9pt; text-align: justify">The following pension benefit
payments, which reflect expected future service, as appropriate, are expected to be paid:</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.55pt">&#160;&#160;&#160;&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt">
<tr style="vertical-align: top">
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<tr style="vertical-align: top; background-color: #CCEEFF">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top; background-color: #CCEEFF">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top; background-color: #CCEEFF">
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<tr style="vertical-align: top; background-color: #CCEEFF">
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</table><span></span></td>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
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                  <tr>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for pension and other postretirement benefits.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 158<br><br> -Paragraph 7, 21, 22<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Staff Position (FSP)<br><br> -Number FAS106-2<br><br> -Paragraph 20, 21, 22<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Implementation Guide (Q and A)<br><br> -Number FAS88<br><br> -Paragraph 63<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 106<br><br> -Paragraph 518<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -URI http://asc.fasb.org/topic&amp;trid=2235017<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 132R<br><br> -Paragraph 5, 6, 7, 8<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 132R<br><br> -Paragraph 5<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 132R<br><br> -Paragraph 8<br><br> -Subparagraph m<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  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This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 30<br><br> -Paragraph 26<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 11: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Emerging Issues Task Force (EITF)<br><br> -Number 03-2<br><br> -Paragraph 8<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 12: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 132R<br><br> -Paragraph 5<br><br> -Subparagraph h<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 13: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 132R<br><br> -Paragraph 5<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 14: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 132R<br><br> -Paragraph 5<br><br> -Subparagraph q<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
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<DOCUMENT>
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<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <link rel="StyleSheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script></head>
  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EFFAE">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Note 22 - SUMMARIZED FINANCIAL INFORMATION OF EQUITY INVESTEES (Details) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsCurrent', window );">Current assets</a></td>
        <td class="nump">$ 330,208<span></span></td>
        <td class="nump">$ 288,697<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsNoncurrent', window );">Non-current assets</a></td>
        <td class="nump">8,780<span></span></td>
        <td class="nump">5,678<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesCurrent', window );">Current liabilities</a></td>
        <td class="nump">146,494<span></span></td>
        <td class="nump">117,741<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesNoncurrent', window );">Non-current liabilities</a></td>
        <td class="nump">8,279<span></span></td>
        <td class="nump">4,859<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquity', window );">Total shareholders' equity</a></td>
        <td class="nump">161,717<span></span></td>
        <td class="nump">146,510<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Equity Investees</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsCurrent', window );">Current assets</a></td>
        <td class="nump">82,231<span></span></td>
        <td class="nump">54,968<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsNoncurrent', window );">Non-current assets</a></td>
        <td class="nump">17,381<span></span></td>
        <td class="nump">17,961<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesCurrent', window );">Current liabilities</a></td>
        <td class="num">(72,389)<span></span></td>
        <td class="num">(44,870)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesNoncurrent', window );">Non-current liabilities</a></td>
        <td class="num">(303)<span></span></td>
        <td class="num">(1,156)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquity', window );">Total shareholders' equity</a></td>
        <td class="nump">$ 26,920<span></span></td>
        <td class="nump">$ 26,903<span></span></td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 9<br><br> -Article 5<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.9)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6361293&amp;loc=d3e6801-107765<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6361293&amp;loc=d3e6676-107765<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
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                    <td>instant</td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.10-17)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 18<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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                    <td>us-gaap_</td>
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                    <td>instant</td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.21)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 21<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_LiabilitiesCurrent</nobr></td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total obligations incurred as part of normal operations that is expected to be repaid beyond the following twelve months or one business cycle.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.22-26)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 22, 23, 24, 25, 26, 27<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_LiabilitiesNoncurrent</nobr></td>
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                    <td><strong> Data Type:</strong></td>
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                    <td><strong> Period Type:</strong></td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.29-31)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29, 30, 31<br><br> -Article 5<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph A3<br><br> -Appendix A<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 310<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SAB TOPIC 4.E)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6228006&amp;loc=d3e74512-122707<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 4<br><br> -Section E<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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  <head>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EGXCI">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Note 1 - ORGANIZATION AND PRINCIPAL ACTIVITIES (Details)<br></strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Asia Pacific Wire Cable General Holdings Ltd</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage', window );">Percentage of equity interest</a></td>
        <td class="nump">100.00%<span></span></td>
        <td class="nump">100.00%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">PRC (APWC) Holding Ltd.</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage', window );">Percentage of equity interest</a></td>
        <td class="nump">100.00%<span></span></td>
        <td class="nump">100.00%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Samray Inc.</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage', window );">Percentage of equity interest</a></td>
        <td class="nump">100.00%<span></span></td>
        <td class="nump">100.00%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Siam (APWC) Holdings Ltd.</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage', window );">Percentage of equity interest</a></td>
        <td class="nump">100.00%<span></span></td>
        <td class="nump">100.00%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Moon View Ltd.</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage', window );">Percentage of equity interest</a></td>
        <td class="nump">100.00%<span></span></td>
        <td class="nump">100.00%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Trigent Investment Holdings Limited</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage', window );">Percentage of equity interest</a></td>
        <td class="nump">100.00%<span></span></td>
        <td class="nump">100.00%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Crown Century Holdings Ltd.</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage', window );">Percentage of equity interest</a></td>
        <td class="nump">100.00%<span></span></td>
        <td class="nump">100.00%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Sigma Cable Company (Private) Limited (Sigma Cable)</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage', window );">Percentage of equity interest</a></td>
        <td class="nump">98.30%<span></span></td>
        <td class="nump">98.30%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Sigma-Epan International Pte Ltd. (Sigma-Epan)</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage', window );">Percentage of equity interest</a></td>
        <td class="nump">100.00%<span></span></td>
        <td class="nump">100.00%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Epan Industries Pte Ltd.</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage', window );">Percentage of equity interest</a></td>
        <td class="nump">100.00%<span></span></td>
        <td class="nump">100.00%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Epan Data-Comm System Pte Ltd</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage', window );">Percentage of equity interest</a></td>
        <td class="nump">100.00%<span></span></td>
        <td class="nump">100.00%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Singvale Pte Ltd (Singvale)</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage', window );">Percentage of equity interest</a></td>
        <td class="nump">100.00%<span></span></td>
        <td class="nump">100.00%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Elecain Industry Sdn. Bhd.</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage', window );">Percentage of equity interest</a></td>
        <td class="nump">92.60%<span></span></td>
        <td class="nump">92.60%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Sigma-Epan Malaysia Sdn. Bhd.</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage', window );">Percentage of equity interest</a></td>
        <td class="nump">100.00%<span></span></td>
        <td class="nump">100.00%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Ningbo Pacific Cable Co., Ltd. (Ningbo Pacific)</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage', window );">Percentage of equity interest</a></td>
        <td class="nump">95.80%<span></span></td>
        <td class="nump">100.00%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Shanghai Yayang Electric Co., Ltd. (Shanghai Yayang)</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage', window );">Percentage of equity interest</a></td>
        <td class="nump">54.41%<span></span></td>
        <td class="nump">54.41%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Pacific Electric Wire &amp;amp;amp; Cable (Shenzhen) Co., Ltd</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage', window );">Percentage of equity interest</a></td>
        <td class="nump">100.00%<span></span></td>
        <td class="nump">100.00%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Crown Century Holdings Limited</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage', window );">Percentage of equity interest</a></td>
        <td class="nump">100.00%<span></span></td>
        <td class="nump">100.00%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Australia Pacific Electric Cable Pty Limited</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage', window );">Percentage of equity interest</a></td>
        <td class="nump">99.40%<span></span></td>
        <td class="nump">99.40%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Charoong Thai Wire and Cable Public Company Limited</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage', window );">Percentage of equity interest</a></td>
        <td class="nump">50.93%<span></span></td>
        <td class="nump">50.93%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Siam Pacific Electric Wire &amp;amp;amp; Cable Company Limited</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage', window );">Percentage of equity interest</a></td>
        <td class="nump">50.93%<span></span></td>
        <td class="nump">50.93%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Double D Cable Company Limited</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage', window );">Percentage of equity interest</a></td>
        <td class="nump">0.00%<span></span></td>
        <td class="nump">50.93%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Hard Lek Limited</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage', window );">Percentage of equity interest</a></td>
        <td class="nump">73.98%<span></span></td>
        <td class="nump">73.98%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">APWC (Thailand) Co., Ltd</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage', window );">Percentage of equity interest</a></td>
        <td class="nump">99.48%<span></span></td>
        <td class="nump">99.48%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">PEWC (Thailand) Co., Ltd</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage', window );">Percentage of equity interest</a></td>
        <td class="nump">99.48%<span></span></td>
        <td class="nump">99.48%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">CTW Beta Co. Ltd.</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage', window );">Percentage of equity interest</a></td>
        <td class="nump">50.89%<span></span></td>
        <td class="nump">50.89%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Siam Fiber Optics Co. Ltd</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage', window );">Percentage of equity interest</a></td>
        <td class="nump">30.56%<span></span></td>
        <td class="nump">30.56%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Shandong Huayu Pacific Fiber Optics Communications Co., Ltd.</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage', window );">Percentage of equity interest</a></td>
        <td class="nump">48.73%<span></span></td>
        <td class="nump">48.73%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Shandong Pacific Rubber Cable Co., Ltd.</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage', window );">Percentage of equity interest</a></td>
        <td class="nump">25.00%<span></span></td>
        <td class="nump">25.00%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Siam Pacific Holding Company Limited</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage', window );">Percentage of equity interest</a></td>
        <td class="nump">49.00%<span></span></td>
        <td class="nump">49.00%<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Loxley Pacific Co., Ltd.</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage', window );">Percentage of equity interest</a></td>
        <td class="nump">21.39%<span></span></td>
        <td class="nump">21.39%<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>In a business combination achieved in stages, this element represents the acquisition-date percentage of equity in the acquiree held by the acquirer immediately before the acquisition date.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
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<DOCUMENT>
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<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 13 - ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_DisclosureNote13AccumulatedOtherComprehensiveIncomeLossTablesAbstract', window );"><strong>Note 13 - Accumulated Other Comprehensive Income Loss Tables</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
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        <td class="text"><p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 37.2pt; text-align: justify">The changes in the balances of each
component of accumulated other comprehensive income (loss) for the years ended December 31, 2010, 2011 and 2012 are as follows:</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: -36pt">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt">
<tr style="vertical-align: bottom">
    <td style="width: 48%; text-align: center">&#160;</td>
    <td style="width: 13%; text-align: center"><font style="font-size: 8pt">Currency translation adjustment</font></td>
    <td style="width: 13%; text-align: center"><font style="font-size: 8pt">Defined benefit pension plan</font></td>
    <td style="width: 13%; text-align: center"><font style="font-size: 8pt">Unrealized loss on available-for-sale securities and others</font></td>
    <td style="width: 13%; text-align: center"><font style="font-size: 8pt">Total</font></td></tr>
<tr style="vertical-align: top">
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    <td>&#160;</td>
    <td style="padding-right: 1.5pt; padding-left: 2pt">&#160;</td>
    <td>&#160;</td>
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<tr style="vertical-align: top; background-color: #CCEEFF">
    <td><font style="font-size: 8pt">Balance at January 1, 2010 </font></td>
    <td style="text-align: right"><font style="font-size: 8pt">$ (9,660)</font></td>
    <td style="text-align: right"><font style="font-size: 8pt">$ (68)</font></td>
    <td style="text-align: right"><font style="font-size: 8pt">$ (467)</font></td>
    <td style="text-align: right"><font style="font-size: 8pt">$ (10,195)</font></td></tr>
<tr style="vertical-align: top">
    <td><font style="font-size: 8pt">Current-period other comprehensive income (loss)</font></td>
    <td style="text-align: right; text-indent: 18pt"><font style="font-size: 8pt">12,027</font></td>
    <td style="text-align: right"><font style="font-size: 8pt">(472)</font></td>
    <td style="text-align: right; text-indent: 27pt"><font style="font-size: 8pt">(74)</font></td>
    <td style="text-align: right; text-indent: 18pt"><font style="font-size: 8pt">11,481 </font></td></tr>
<tr style="background-color: #CCEEFF">
    <td style="vertical-align: top"><font style="font-size: 8pt">Balance at December 31, 2010</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">$ 2,367</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">$ (540)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">$ (541)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">$ 1,286</font></td></tr>
<tr style="vertical-align: top">
    <td>&#160;</td>
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    <td style="text-align: right">&#160;</td>
    <td style="text-align: right">&#160;</td>
    <td style="text-align: right">&#160;</td></tr>
<tr style="vertical-align: top; background-color: #CCEEFF">
    <td><font style="font-size: 8pt">Current-period other comprehensive loss</font></td>
    <td style="text-align: right; text-indent: 22.5pt"><font style="font-size: 8pt">(931)</font></td>
    <td style="text-align: right"><font style="font-size: 8pt">(69)</font></td>
    <td style="text-align: right; text-indent: 31.5pt"><font style="font-size: 8pt">&#150;</font></td>
    <td style="text-align: right; text-indent: 18pt"><font style="font-size: 8pt">(1,000) </font></td></tr>
<tr style="vertical-align: top">
    <td><font style="font-size: 8pt">Balance at December 31, 2011</font></td>
    <td style="text-align: right"><font style="font-size: 8pt">$ 1,436</font></td>
    <td style="text-align: right"><font style="font-size: 8pt">$ (609)</font></td>
    <td style="text-align: right"><font style="font-size: 8pt">$ (541)</font></td>
    <td style="text-align: right"><font style="font-size: 8pt">$ 286</font></td></tr>
<tr style="vertical-align: top; background-color: #CCEEFF">
    <td>&#160;</td>
    <td style="text-align: right">&#160;</td>
    <td style="text-align: right">&#160;</td>
    <td style="text-align: right">&#160;</td>
    <td style="text-align: right">&#160;</td></tr>
<tr style="vertical-align: top">
    <td><font style="font-size: 8pt">Current-period other comprehensive income (loss)</font></td>
    <td style="text-align: right; text-indent: 22.5pt"><font style="font-size: 8pt">5,834</font></td>
    <td style="text-align: right; text-indent: 22.5pt"><font style="font-size: 8pt">(696)</font></td>
    <td style="text-align: right; text-indent: 31.5pt"><font style="font-size: 8pt">&#150;</font></td>
    <td style="text-align: right; text-indent: 22.5pt"><font style="font-size: 8pt">5,138</font></td></tr>
<tr style="background-color: #CCEEFF">
    <td style="vertical-align: top; padding-right: 5pt; text-indent: -4.4pt"><font style="font-size: 8pt">Balance at December 31, 2012</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">$ 7,270</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">$ (1,305)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">$ (541)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">$ 5,424</font></td></tr>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of the components of accumulated other comprehensive income (loss).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 14A<br><br> -URI http://asc.fasb.org/extlink&amp;oid=20435746&amp;loc=SL7669686-108580<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0E6UAE">
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        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>CONSOLIDATED STATEMENTS OF OPERATIONS (PARENTHETICAL) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
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        <th class="th" colspan="3">12 Months Ended</th>
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      <tr>
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          <div>Dec. 31, 2012</div>
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        <th class="th">
          <div>Dec. 31, 2011</div>
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        <th class="th">
          <div>Dec. 31, 2010</div>
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        <td class="nump">$ 1,962<span></span></td>
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        <td class="nump">13<span></span></td>
        <td class="nump">14<span></span></td>
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        <td class="nump">143<span></span></td>
        <td class="nump">144<span></span></td>
        <td class="nump">154<span></span></td>
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        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="nump">2,669<span></span></td>
        <td class="nump">3,663<span></span></td>
        <td class="nump">3,806<span></span></td>
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        <td class="nump">23,857<span></span></td>
        <td class="nump">46,953<span></span></td>
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        <td class="text">&#xA0;<span></span></td>
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        <td class="nump">9,083<span></span></td>
        <td class="nump">7,484<span></span></td>
        <td class="nump">4,056<span></span></td>
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        <td class="nump">317<span></span></td>
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        <td class="nump">$ 693<span></span></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of gain (loss), before tax expense or benefit and not previously recognized, resulting from the sale of a business component.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 144<br><br> -Paragraph 47<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 205<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6892542&amp;loc=d3e957-107759<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 144<br><br> -Paragraph 43<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 205<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6360339&amp;loc=d3e1361-107760<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of interest expense incurred during the period on a debt or other obligation to a related party.</p>
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                <p>No definition available.</p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount included in cost of sales related to transactions with related parties incurred and recorded in the statement of operations for the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 3<br><br> -Subparagraph b<br><br> -Article 5<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Reflects the sum of all other revenue and income realized from sales and other transactions (excluding transactions that are eliminated in consolidated or combined financial statements) with related party during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of revenue, fees and commissions earned from transactions between (a) a parent company and its subsidiaries; (b) subsidiaries of a common parent; (c) an entity and trusts for the benefit of employees, for example, but not limited to, pension and profit-sharing trusts that are managed by or under the trusteeship of the entity's management; (d) an entity and its principal, owners, management, or members of their immediate families; and (e) affiliates.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Related Parties<br><br> -URI http://asc.fasb.org/extlink&amp;oid=16382449<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 946<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.6-07.1(c))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6488393&amp;loc=d3e606610-122999<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 57<br><br> -Paragraph 2<br><br> -Subparagraph c<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 07<br><br> -Paragraph b<br><br> -Subparagraph 1<br><br> -Article 6<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.1(e))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 1<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_RevenueFromRelatedParties</nobr></td>
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                    <td>us-gaap_</td>
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                    <td>xbrli:monetaryItemType</td>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EVMAC">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 19 - DEFINED CONTRIBUTION AND BENEFIT PLANS (Details Narrative) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2010</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_DisclosureNote18DefinedContributionAndBenefitPlansDetailsNarrativeAbstract', window );"><strong>Note 19 - Defined Contribution And Benefit Plans Details Narrative</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PensionAndOtherPostretirementBenefitExpense', window );">Total expense benefit plans</a></td>
        <td class="nump">$ 851<span></span></td>
        <td class="nump">$ 288<span></span></td>
        <td class="nump">$ 539<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_TotalChargesOfContinuingOperations', window );">Total charges of continuing operations</a></td>
        <td class="nump">1,233<span></span></td>
        <td class="nump">891<span></span></td>
        <td class="nump">708<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_TotalChargesOfDiscontinuingOperations', window );">Total charges of discontinuing operations</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">205<span></span></td>
        <td class="nump">138<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation', window );">Accumulated benefit obligations</a></td>
        <td class="nump">$ 5,840<span></span></td>
        <td class="nump">$ 2,935<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageDiscountRatePercent', window );">Changed Discount Rate</a></td>
        <td class="nump">4.00%<span></span></td>
        <td class="nump">4.20%<span></span></td>
        <td class="nump">4.80%<span></span></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
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                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                    <td>duration</td>
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                <p>Custom Element.</p>
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                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                    <td>xbrli:monetaryItemType</td>
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                    <td>debit</td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>If aggregate disclosures are presented, the aggregate pension accumulated benefit obligation for pension plans with accumulated benefit obligations in excess of plan assets as of the measurement date of each statement of financial position presented.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 20<br><br> -Section 55<br><br> -Paragraph 17<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21916443&amp;loc=d3e4179-114921<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21915506&amp;loc=d3e2417-114920<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 132R<br><br> -Paragraph 6<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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                    <td><strong> Name:</strong></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                    <td>instant</td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of pension and other (such as medical, dental and life insurance) postretirement benefit costs recognized during the period for (1) defined benefit plans (periodic benefit costs include the following components: service cost, interest cost, expected return on plan assets, gain (loss) on assets, prior service cost or credit, transition asset or obligation, and gain (loss) due to settlements or curtailments) and for (2) defined contribution plans (to the extent that a plan's defined contributions to an individual's account are to be made for periods in which that individual renders services, the net cost for a period is the contribution called for in that period; if a plan calls for contributions for periods after an individual retires or terminates, the estimated cost is accrued during the employee's service period).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 70<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6414718&amp;loc=d3e28014-114942<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 132R<br><br> -Paragraph 5<br><br> -Subparagraph h<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 132R<br><br> -Paragraph 5, 11<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.4)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                    <td>duration</td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The average discount rate applied to insurance contracts to determine future policy benefits to be paid to or on behalf of policyholders.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 60<br><br> -Paragraph 60<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6482714&amp;loc=d3e14881-158438<br><br><br><br></p>
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                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
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                    <td>na</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 2 - BASIS OF PRESENTATION<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_DisclosureNote2BasisOfPresentationAbstract', window );"><strong>Note 2 - Basis Of Presentation</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BasisOfAccounting', window );">BASIS OF PRESENTATION</a></td>
        <td class="text"><p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0pt">The consolidated
financial statements are prepared in accordance with accounting principles generally accepted in the United States of America (&#147;US
GAAP&#148;). The basis of accounting differs from that used in the statutory financial statements of the Company&#146;s subsidiaries
and equity investee companies, which are prepared in accordance with the accounting principles generally accepted in their respective
countries of incorporation.&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;All dollar amounts in the financial statements and in the notes herein are U.S. Dollars (&#147;US$&#148;) unless otherwise designated.</p><span></span></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for the basis of accounting, or basis of presentation, used to prepare the financial statements (for example, US Generally Accepted Accounting Principles, Other Comprehensive Basis of Accounting, IFRS).</p>
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              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EGEAC">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 7 - INVESTMENTS (Details Narrative) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
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          <div>Dec. 31, 2012</div>
        </th>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_DisclosureNote7InvestmentsDetailsNarrativeAbstract', window );"><strong>Note 7 - Investments Details Narrative</strong></a></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentIncomeInterest', window );">Gain of interest income</a></td>
        <td class="nump">$ 101<span></span></td>
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        <td class="nump">360<span></span></td>
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        <td class="text">Ten years but callable after five years<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentIncomeDividend', window );">Dividend income</a></td>
        <td class="nump">109<span></span></td>
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        <td class="nump">$ 68<span></span></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Land use rights</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Motor vehicles</p>
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                <p>No definition available.</p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
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                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Income derived from investments in equity securities representing a distribution of earnings to shareholders by the investee companies.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 115<br><br> -Paragraph 14<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 7<br><br> -Article 5<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.7(a))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Income derived from investments in debt securities and on cash and cash equivalents the earnings of which reflect the time value of money or transactions in which the payments are for the use or forbearance of money.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 115<br><br> -Paragraph 14<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 7<br><br> -Article 5<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.7(b))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                    <td><strong> Name:</strong></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of investments, not including unrealized gains or losses on securities separately or otherwise categorized as trading, available-for-sale, or held-to-maturity, held at each balance sheet date and included in earnings for the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br></p>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EDG">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Note 17 - CONCENTRATIONS OF RISKS (Details Narrative)<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
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          <div>Dec. 31, 2012</div>
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      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_DisclosureNote16ConcentrationsOfRisksDetailsNarrativeAbstract', window );"><strong>Note 17 - Concentrations Of Risks Details Narrative</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_SubsidiarysCustomerAccountedOfAccountsReceivable', window );">Singapore subsidiary's customer accounted of accounts receivable</a></td>
        <td class="nump">10.00%<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EntityWideRevenueMajorCustomerPercentage', window );">No single customer accounted for total revenue</a></td>
        <td class="nump">10.00%<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_DisclosureNote16ConcentrationsOfRisksDetailsNarrativeAbstract">
        <tr>
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        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_DisclosureNote16ConcentrationsOfRisksDetailsNarrativeAbstract</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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              </div>
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          </td>
        </tr>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_SubsidiarysCustomerAccountedOfAccountsReceivable">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_SubsidiarysCustomerAccountedOfAccountsReceivable</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
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          </td>
        </tr>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EntityWideRevenueMajorCustomerPercentage">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage of revenue generated from a single external customer that accounts for 10 percent or more of an entity's revenues.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_EntityWideRevenueMajorCustomerPercentage</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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<DOCUMENT>
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<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0EYCAE">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Note 11 - INCOME TAXES (Details 4) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_Note11IncomeTaxesDetails4Abstract', window );"><strong>Note 11 - Income Taxes Details 4</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxLiabilitiesGrossCurrent', window );">Gross current deferred tax liabilities</a></td>
        <td class="num">$ (63)<span></span></td>
        <td class="num">$ (49)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsLiabilitiesNetCurrent', window );">Gross current deferred tax assets</a></td>
        <td class="nump">3,282<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsValuationAllowanceCurrent', window );">Valuation allowance for deferred tax assets</a></td>
        <td class="num">(85)<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_DefferedTaxAssetsLiabilitiesCurrent', window );">Deffered tax assets liabilities Current</a></td>
        <td class="nump">3,197<span></span></td>
        <td class="nump">5,234<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsNetCurrent', window );">Net current deferred tax assets</a></td>
        <td class="nump">3,134<span></span></td>
        <td class="nump">5,185<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxLiabilitiesGrossNoncurrent', window );">Gross non-current deferred tax liabilities</a></td>
        <td class="num">(2,587)<span></span></td>
        <td class="num">(2,123)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsLiabilitiesNetNoncurrent', window );">Gross non-current deferred tax assets</a></td>
        <td class="nump">4,099<span></span></td>
        <td class="nump">2,334<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsValuationAllowanceNoncurrent', window );">Valuation allowance for deferred tax assets</a></td>
        <td class="num">(1,256)<span></span></td>
        <td class="num">(875)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_DefferedTaxAssetsLiabilitiesNonCurrent', window );">Deffered tax assets liabilities Non Current</a></td>
        <td class="nump">2,843<span></span></td>
        <td class="nump">1,459<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_NetNoncurrentDeferredTaxAssets', window );">Net non-current deferred tax assets</a></td>
        <td class="nump">256<span></span></td>
        <td class="num">(664)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_NetDeferredTaxAssets', window );">Net deferred tax assets</a></td>
        <td class="nump">$ 3,390<span></span></td>
        <td class="nump">$ 4,521<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_DefferedTaxAssetsLiabilitiesCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_DefferedTaxAssetsLiabilitiesCurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
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          </td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_DefferedTaxAssetsLiabilitiesNonCurrent</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_NetDeferredTaxAssets</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
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              </div>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_NetNoncurrentDeferredTaxAssets">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Custom Element.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_NetNoncurrentDeferredTaxAssets</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
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              </div>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_Note11IncomeTaxesDetails4Abstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_Note11IncomeTaxesDetails4Abstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsLiabilitiesNetCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards, net of deferred tax liability attributable to taxable temporary differences expected to be realized or consumed within one year or operating cycle, if longer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 41, 42, 43<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31917-109318<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32537-109319<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31931-109318<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DeferredTaxAssetsLiabilitiesNetCurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsLiabilitiesNetNoncurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards, net of deferred tax liability attributable to taxable temporary differences expected to be realized or consumed after one year (or the normal operating cycle, if longer).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 41, 42, 43<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31917-109318<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32537-109319<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31931-109318<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DeferredTaxAssetsLiabilitiesNetNoncurrent</nobr></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards expected to be realized or consumed within one year or operating cycle, if longer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32537-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 5<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31928-109318<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31917-109318<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 9<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31958-109318<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31931-109318<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 41, 42, 43<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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                <p>Amount of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards expected to be realized or consumed within one year or operating cycle, if longer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 5<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31928-109318<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31917-109318<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 41, 42, 43<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32537-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                <p>Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized expected to be realized or consumed after one year (or the normal operating cycle, if longer).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 5<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31928-109318<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31917-109318<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 41, 42, 43<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32537-109319<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of deferred tax liability attributable to taxable temporary differences expected to be realized or consumed within one year or operating cycle, if longer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
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                <p>Gross amount of noncurrent deferred tax liabilities, which result from applying the applicable tax rate to taxable temporary differences pertaining to each jurisdiction to which the entity is obligated to pay income tax.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31917-109318<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32537-109319<br><br><br><br></p>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
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          <div style="width: 200px;"><strong>Note 20 - DISCONTINUED OPERATIONS<br></strong></div>
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        <th class="th" colspan="1">12 Months Ended</th>
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      <tr>
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          <div>Dec. 31, 2012</div>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_apwc_NotesToFinancialStatementsAbstract', window );"><strong>Notes to Financial Statements</strong></a></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock', window );">DISCONTINUED OPERATIONS</a></td>
        <td class="text"><p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt; text-align: justify; text-indent: 0pt">The Company entered
into an agreement to dispose its 51% equity interest in the SPFO joint venture to a group of investors in exchange for a total
cash consideration of RMB18.5 million (approximately $2.9 million), effective upon the directors&#146; approval on September 7,
2011. The purpose of the disposal is to focus on the Company&#146;s core wire and cable business that are more profitable by divesting
its non-core fiber-optics cable, for which the market in China has been very competitive. The share transfer was completed on December
1, 2011, consequently, the Company&#146;s deconsolidated SPFO effective December 1, 2011. The Company recognized $1,962 gain on
disposal of a subsidiary in consolidated statement of operations.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 33pt; text-align: justify; text-indent: -33pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify">SPFO was consolidated prior to its
disposal and it met the criteria for reporting as discontinued operations. Therefore, the results of operations of SPFO and the
gain of the disposal have been classified as &#147;Income from operations of discontinued SPFO&#148; in the consolidated statement
of operations for the year ended December 31, 2011 and prior periods' amounts have been reclassified accordingly.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 33pt; text-align: justify; text-indent: -33pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -20pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Results from discontinued operations related to SPFO for the year ended December 31, 2010 and period from January 1, 2011 to November
30, 2011 are as follows:</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; font-size: 8pt">
<tr>
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    <td style="vertical-align: bottom; width: 13%; text-align: center"><font style="font-size: 8pt">Year ended December 31, 2010</font></td>
    <td style="vertical-align: bottom; width: 13%; text-align: center"><font style="font-size: 8pt">Period ended November 30, 2011</font></td></tr>
<tr>
    <td style="vertical-align: top">&#160;</td>
    <td style="vertical-align: bottom">&#160;</td>
    <td style="vertical-align: bottom">&#160;</td>
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<tr style="background-color: #CCEEFF">
    <td style="vertical-align: top"><font style="font-size: 8pt">Net sales </font></td>
    <td style="vertical-align: bottom">&#160;</td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">$ 22,736</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">$ 30,210</font></td></tr>
<tr style="vertical-align: top">
    <td><font style="font-size: 8pt; color: black">Cost of sales </font></td>
    <td>&#160;</td>
    <td style="text-align: right"><font style="font-size: 8pt">(18,072)</font></td>
    <td style="text-align: right"><font style="font-size: 8pt">(25,111)</font></td></tr>
<tr style="background-color: #CCEEFF">
    <td><font style="font-size: 8pt">Gross profit</font></td>
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    <td style="text-align: right"><font style="font-size: 8pt">4,664</font></td>
    <td style="text-align: right"><font style="font-size: 8pt">5,099</font></td></tr>
<tr>
    <td style="vertical-align: top"><font style="font-size: 8pt">Selling, general and administrative expenses </font></td>
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    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">(3,545)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font-size: 8pt">(4,809)</font></td></tr>
<tr style="background-color: #CCEEFF">
    <td style="vertical-align: top"><font style="font-size: 8pt; color: black">Recovery of doubtful accounts </font></td>
    <td style="vertical-align: bottom">&#160;</td>
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          <div style="width: 200px;"><strong>Note 11 - INCOME TAXES (Details Narrative) (USD $)<br>In Thousands, unless otherwise specified</strong></div>
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        <td class="nump">2,332<span></span></td>
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        <td class="nump">74<span></span></td>
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        <td class="nump">$ 4,039<span></span></td>
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                <p>Custom Element.</p>
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                <p>No definition available.</p>
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                <p>Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences not separately disclosed.</p>
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                <p>The amount of estimated interest recognized in the period arising from income tax examinations.</p>
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                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 15<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32718-109319<br><br><br><br></p>
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                <p>The sum of the amounts of estimated penalties and interest recognized in the period arising from income tax examinations.</p>
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                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 15<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32718-109319<br><br><br><br></p>
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                <p>The amount of estimated penalties recognized in the period arising from income tax examinations.</p>
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                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 15<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32718-109319<br><br><br><br></p>
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                <p>The total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate.</p>
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                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 15A<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=SL6600010-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Interpretation (FIN)<br><br> -Number 48<br><br> -Paragraph 21<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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  <body><span style="display: none;">v2.4.0.6</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
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          <div style="width: 200px;"><strong>Note 12 - VALUE ADDED TAX (VAT)<br></strong></div>
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        <td class="text"><p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0 37.2pt; text-align: justify">According to the value-added tax
policies of the relevant tax authorities, sales are subject to an output VAT, while the purchase of products is subject to an input
VAT. VAT payable or receivable is the net difference between periodic output VAT and deductible input VAT. The revenue, expenses
and assets are recognized net of the amount of VAT except where the VAT incurred in a purchase of assets or services is not recoverable
from taxation authority, in which case the VAT is recognized as part of the cost of acquisition of the assets or as part of the
expenses item as applicable. Receivables and payables are stated with the VAT incurred. The net amount of VAT recoverable from,
or payable to, the taxation authority is included as part of prepaid expenses and other current assets on the balance sheet.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 35.4pt">&#160;</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 35.4pt">The VAT rates of our Operating Subsidiaries
in various tax jurisdictions are:</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 35.4pt">&#160;</p>

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          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_apwc_ValueAddedTaxDisclosureTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>VALUE ADDED TAX (""""VAT"""") [Text Block]</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>apwc_ValueAddedTaxDisclosureTextBlock</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>apwc_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
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  </body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
