v2.4.0.8

CONSOLIDATED STATEMENTS OF OPERATIONS (EUR €) In Thousands, except Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Revenue from operations	€ 319	€ 961	€ 1,159	€ 2,284
Direct operating and selling, general and administrative costs
Direct operating costs	148	322	216	467
Selling, general and administrative costs	667	(43)	954	25
Amortization and depreciation	622	668	1,176	1,432
Total direct operating, selling, and administrative costs	1,437	947	2,346	1,924
Operating Profit/(Loss)	(1,118)	14	(1,187)	360
Interest income	(57)	4	46
Interest expenses	568	753	1,145	1,196
Other income		10		17
Loss from continuing operations, before income taxes	1,743	725	2,286	819
Income taxes		38	0	75
Loss from continuing operations, net of income taxes	1,743	763	2,286	894
Net loss from operations of discontinued operations, after taxes		878		863
Net income/(loss) on disposal of discontinued operations, after taxes	(32)	306	(32)	3,315
Net profit/(loss) from discontinued operations	(32)	(572)	(32)	2,452
Consolidated net profit/(loss) for the period	(1,775)	(1,335)	(2,318)	1,558
Less net loss attributable to non-controlling interests in the consolidated subsidiaries	83	146	93	165
Net profit/(loss) attributable to owners of Southern States Sign Company	€ (1,692)	€ (1,189)	€ (2,225)	€ 1,723
Profit/(Loss) per share of Common Stock
Loss from continuing operations (in euros per share)	€ (0.04)	€ (0.02)	€ (0.06)	€ (0.02)
Profit/(loss) from discontinued operations (in euros per share)	€ 0.00	€ (0.02)	€ 0.00	€ 0.07
Net profit/(loss) (in euros per share)	€ (0.04)	€ (0.04)	€ (0.06)	€ 0.05
Weighted-average shares outstanding:
Common Stock Basic and diluted (in shares)	40,151,261	33,101,852	40,151,261	33,101,852

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- Definition

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.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.4)

-URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 4

-Article 5

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 330

-SubTopic 10

-Section 30

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=6386349&loc=d3e3636-108311

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- Definition

Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS).

+ References

No definition available.

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SOUTHERN STATES SIGN Co 10-Q