v3.3.1.900

CREDIT ONE FINANCIAL, INC. - Consolidated Statements of Operations and Comprehensive Income (loss) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenues
Revenue from advertising	$ 232,186	$ 193,431	$ 698,141
Revenue from TV program			21,189
Revenues	232,186	193,431	719,330
Operating Expenses
License fee	195,153	177,359	161,200
Amortization of advertising right	349,423	606,893	528,141
Impairment loss	1,390,826
Selling, General and Administrative Expense	182,215	181,679	500,539
Operating Expenses	2,117,617	965,931	1,189,880
Operating Income (Loss)	(1,885,431)	(772,500)	(470,550)
Investment Income, Nonoperating
Interest income	619,401	569,808	394,679
Gain (loss) on investment in gold			(976,058)
Gain on refund of Goldeq			380,510
Nonoperating Income (Expense)	619,401	569,808	(200,869)
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	(1,266,030)	(202,692)	(671,419)
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	(1,266,030)	(202,692)	(671,419)
Net Income (loss)	(1,266,030)	(202,692)	(671,419)
Other comprehensive income (loss)
Foreign currency translation adjustment	9,053	(4,682)	(1,511)
Total comprehensive income (loss)	$ (1,256,977)	$ (207,374)	$ (672,930)
Earnings Per Share
Weighted Average Number of Shares Outstanding, Basic and Diluted	326,155,623	326,155,623	319,711,801

Represents the monetary amount of Amortization of advertising right, during the indicated time period.

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Represents the monetary amount of Gain (loss) on investment in gold, during the indicated time period.

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Represents the monetary amount of Gain on refund of Goldeq, during the indicated time period.

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Represents the monetary amount of Impairment loss, during the indicated time period.

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Represents the monetary amount of License fee, during the indicated time period.

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Represents the monetary amount of Revenue from advertising, during the indicated time period.

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Represents the monetary amount of Revenue from TV program, during the indicated time period.

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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.

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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.

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Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities.

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The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business).

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Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense.

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The net result for the period of deducting operating expenses from operating revenues.

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Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature, attributable to parent entity.

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Amount of tax expense (benefit) allocated to other comprehensive income (loss).

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The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

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Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).

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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.

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

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CREDIT ONE FINANCIAL INC 10-K/A