Quarterly report pursuant to Section 13 or 15(d)

Note 16 - Segment And Geographic Areas

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Note 16 - Segment And Geographic Areas
 3 Months Ended
Sep. 30, 2011
Segment Reporting Disclosure [Text Block] NOTE 16 – SEGMENT AND GEOGRAPHIC AREAS
The Company has identified three global regions or segments for its products and services; North America, Europe, and Asia-Pacific.  Our reportable segments are business units located in different global regions. Each business unit provides similar products and services; license fees for leasing and asset-based software, related maintenance fees, and implementation and IT consulting services.  Separate management of each segment is required because each business unit is subject to different operational issues and strategies due to their particular regional location.  We account for intracompany sales and expenses as if the sales or expenses were to third parties and eliminate them in the consolidation.  The following table presents a summary of operating information and certain balance sheet information for the three months ended September 30:

   
2011
   
2010
 
 Revenues from unaffiliated customers:
           
 North America
  $ 909,069     $ 1,242,982  
 Europe
    916,618       2,089,979  
 Asia - Pacific
    4,403,020       5,070,110  
 Consolidated
  $ 6,228,708     $ 8,403,071  
                 
 Operating income (loss):
               
 Corporate headquarters
  $ (905,144 )   $ (1,056,548 )
 North America
    28,714       321,093  
 Europe
    (128,395 )     1,079,667  
 Asia - Pacific
    178,382       1,681,317  
 Consolidated
  $ (826,442 )   $ 2,025,530  
                 
Net income (loss) after taxes and before minority interest:
         
 Corporate headquarters
  $ (1,208,576 )   $ (1,481,129 )
 North America
    28,526       324,250  
 Europe
    (58,419 )     1,016,852  
 Asia - Pacific
    (82,980 )     2,681,517  
 Consolidated
  $ (1,321,450 )   $ 2,541,489  
                 
 Identifiable assets:
               
 Corporate headquarters
  $ 14,310,339     $ 17,043,137  
 North America
    1,856,621       2,278,499  
 Europe
    4,184,885       4,783,665  
 Asia - Pacific
    60,877,049       52,068,480  
 Consolidated
  $ 81,228,895     $ 76,173,781  
                 
 Depreciation and amortization:
               
 Corporate headquarters
  $ 17,705     $ 153,724  
 North America
    75,434       132,077  
 Europe
    121,448       179,440  
 Asia - Pacific
    766,191       432,141  
 Consolidated
  $ 980,778     $ 897,383  
                 
 Capital expenditures:
               
 Corporate headquarters
  $ -     $ -  
 North America
    1,444       3,405  
 Europe
    -       -  
 Asia - Pacific
    1,426,440       679,271  
 Consolidated
  $ 1,427,884     $ 682,676  

Net revenues by our various products and services provided for the three-month period ended September 30, were as follows:
   
2011
   
2010
 
    $ 1,075,850     $ 3,477,793  
      2,037,206       1,669,919  
      3,115,652       3,255,360  
 Total
  $ 6,228,708     $ 8,403,071