XML 21 R46.htm IDEA: XBRL DOCUMENT v2.4.0.6
Note 20 - DISCONTINUED OPERATIONS (Tables)
12 Months Ended
Dec. 31, 2012
Note 20 - Discontinued Operations Tables  
Results from discontinued operations

Results from discontinued operations related to SPFO for the years ended December 31, 2009 and 2010 and period ended November 30, 2011 are as follows:

 

    Year ended December 31,  
    2009     2010     2011  
                   
Net sales   $ 35,993     $ 22,736     $ 30,210  
Cost of sales     (30,244 )     (18,072 )     (25,111 )
Gross profit     5,749       4,664       5,099  
Selling, general and administrative expenses     (4,456 )     (3,545 )     (4,809 )
Recovery of doubtful accounts     752       377       68  
Income from discontinued operations     2,045       1,496       358  
Exchange gain, net     20       -       -  
Interest income     -       110       129  
Interest expenses     (1,000 )     (1,197 )     (1,336 )
Other income (expenses)     85       37       (38 )
Income (loss) before income tax     1,150       446       (887 )
Gain on disposal of SPFO     -       -       1,962  
Income from operations of discontinued SPFO     1,150       446       1,075  
Income tax     (697 )     (450 )     (229 )
Net income (loss) of discontinued operations   $ 453     $ (4 )   $ 846  
Net income (loss) attributable to non-controlling interests     222       (2 )     (547 )
Net income (loss) attributable to APWC     231       (2 )     1,393  
Transactions undertaken with related parties

The transactions undertaken with related parties are summarized as follows:

 

    Year ended December 31,  
    2009     2010     2011  
                   
Purchases of goods from Shandong Yanggu           17       317  
Sales to Shandong Yanggu           96       536  
Sales to SPRC           160       157  
Interest expense paid to Shandong Yanggu           63        
Management fee paid to Shandong Yanggu                 387