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Consolidated statements of income and comprehensive income
-------------------------------------------------------------------------------------------------------------------------------------------------------- Three-month periodIncrease (decrease) ended March 31, 2012----------------------------------------------------------------------------Employee costs $ 342Financial expenses 463Deferred income tax expense (217)----------------------------------------------------------------------------Net income and comprehensive income $ (588)--------------------------------------------------------------------------------------------------------------------------------------------------------
Consolidated balance sheets
-------------------------------------------------------------------------------------------------------------------------------------------------------- December 31, December 31,Increase (decrease) 2012 2011----------------------------------------------------------------------------Other liabilities $ - $ 1,251Deferred income taxes liability - (336)Retained earnings 20,620 17,408Accumulated other comprehensive income (20,620) (18,323)--------------------------------------------------------------------------------------------------------------------------------------------------------
3. Revenues
The breakdown of revenues between services rendered and product sales is as follows:
-------------------------------------------------------------------------------------------------------------------------------------------------------- Three-month periods ended March 31---------------------------------------------------------------------------- 2012 (restated, 2013 note 2)----------------------------------------------------------------------------Services rendered $ 85,977 $ 89,222Product sales 25,093 26,241---------------------------------------------------------------------------- $ 111,070 $ 115,463--------------------------------------------------------------------------------------------------------------------------------------------------------
4. Purchases of goods and services
The main components of purchases of goods and services are as follows:
-------------------------------------------------------------------------------------------------------------------------------------------------------- Three-month periods ended March 31---------------------------------------------------------------------------- 2012 (restated, 2013 note 2)----------------------------------------------------------------------------Royalties, rights and production costs $ 48,988 $ 50,161Printing and distribution 4,598 7,919Marketing, advertising and promotion 5,067 5,313Services rendered by parent corporation 5,935 4,264Other 10,505 14,090---------------------------------------------------------------------------- $ 75,093 $ 81,747--------------------------------------------------------------------------------------------------------------------------------------------------------
