10-Q Filing

CONSOLIDATED WATER CO. LTD. CIK: 928340 Q2 2011

Filing Information

Form Type	10-Q
Accession Number	`0001144204-11-044907`
Period End Date	20110630
Filing Date	20110809
Fiscal Year	2011
Fiscal Period	Q2
XBRL Instance	cwco-20110630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 96 Cash Flow Statement 36

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Redeemable preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.60	USD	Point-in-time
Redeemable preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.60	USD	Point-in-time
Redeemable preferred stock, Authorized	`PreferredStockSharesAuthorized`	200,000.00	shares	Point-in-time
Redeemable preferred stock, Authorized	`PreferredStockSharesAuthorized`	200,000.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$45.35M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$46.13M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$50.84M	USD	Point-in-time
Redeemable preferred stock, issued	`PreferredStockSharesIssued`	16,784.00	shares	Point-in-time
Redeemable preferred stock, issued	`PreferredStockSharesIssued`	23,787.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$44.43M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$10.27M	USD	Point-in-time
Redeemable preferred stock, outstanding	`PreferredStockSharesOutstanding`	23,787.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$12.13M	USD	Point-in-time
Redeemable preferred stock, outstanding	`PreferredStockSharesOutstanding`	16,784.00	shares	Point-in-time
Inventory	`InventoryNet`	$1.42M	USD	Point-in-time
Inventory	`InventoryNet`	$1.43M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$3.47M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.29M	USD	Point-in-time
Current portion of loans receivable	`NotesAndLoansReceivableNetCurrent`	$1.73M	USD	Point-in-time
Current portion of loans receivable	`NotesAndLoansReceivableNetCurrent`	$1.79M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$63.73M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$67.79M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$53.38M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$55.92M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$2.25M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$249.30K	USD	Point-in-time
Inventory non-current	`InventoryNoncurrent`	$3.54M	USD	Point-in-time
Inventory non-current	`InventoryNoncurrent`	$3.64M	USD	Point-in-time
Loans receivable	`NotesAndLoansReceivableNetNoncurrent`	$11.69M	USD	Point-in-time
Loans receivable	`NotesAndLoansReceivableNetNoncurrent`	$12.60M	USD	Point-in-time
Investment in OC-BVI	`EquityMethodInvestments`	$6.90M	USD	Point-in-time
Investment in OC-BVI	`EquityMethodInvestments`	$7.81M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.71M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.61M	USD	Point-in-time
Goodwill	`Goodwill`	$3.59M	USD	Point-in-time
Goodwill	`Goodwill`	$3.59M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.94M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.05M	USD	Point-in-time
Total assets	`Assets`	$153.80M	USD	Point-in-time
Total assets	`Assets`	$152.20M	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndOtherCurrent`	$4.32M	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndOtherCurrent`	$4.27M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$1.15M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$1.15M	USD	Point-in-time
Current portion of long term debt	`LongTermDebtCurrent`	$1.42M	USD	Point-in-time
Current portion of long term debt	`LongTermDebtCurrent`	$1.48M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.90M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.89M	USD	Point-in-time
Long term debt	`LongTermDebtNoncurrent`	$16.88M	USD	Point-in-time
Long term debt	`LongTermDebtNoncurrent`	$16.13M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$431.67K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$442.92K	USD	Point-in-time
Total liabilities	`Liabilities`	$24.22M	USD	Point-in-time
Total liabilities	`Liabilities`	$23.46M	USD	Point-in-time
Redeemable preferred stock, $0.60 par value. Authorized 200,000 shares; issued and outstanding 23,787 and 16,784 shares, respectively	`PreferredStockValue`	$10.07K	USD	Point-in-time
Redeemable preferred stock, $0.60 par value. Authorized 200,000 shares; issued and outstanding 23,787 and 16,784 shares, respectively	`PreferredStockValue`	$14.27K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$81.61M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$81.35M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$38.03M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$36.29M	USD	Point-in-time
Total Consolidated Water Co. Ltd. stockholders' equity	`StockholdersEquity`	$128.39M	USD	Point-in-time
Total Consolidated Water Co. Ltd. stockholders' equity	`StockholdersEquity`	$126.38M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$1.95M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$1.60M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$127.98M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$130.34M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$153.80M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$152.20M	USD	Point-in-time

Income Statement 96 line items

Line Item	Tag	Value	Unit	Period
Retail water revenues	`RetailWaterRevenue`	$6.55M	USD	1 Quarter
Retail water revenues	`RetailWaterRevenue`	$12.93M	USD	2 Qtrs
Retail water revenues	`RetailWaterRevenue`	$12.43M	USD	2 Qtrs
Retail water revenues	`RetailWaterRevenue`	$6.04M	USD	1 Quarter
Bulk water revenues	`BulkWaterRevenue`	$6.20M	USD	1 Quarter
Bulk water revenues	`BulkWaterRevenue`	$12.45M	USD	2 Qtrs
Bulk water revenues	`BulkWaterRevenue`	$7.77M	USD	1 Quarter
Bulk water revenues	`BulkWaterRevenue`	$14.94M	USD	2 Qtrs
Services revenues	`SalesRevenueServicesNet`	$506.35K	USD	1 Quarter
Services revenues	`SalesRevenueServicesNet`	$463.38K	USD	1 Quarter
Services revenues	`SalesRevenueServicesNet`	$2.50M	USD	2 Qtrs
Services revenues	`SalesRevenueServicesNet`	$872.62K	USD	2 Qtrs
Total revenues	`Revenues`	$14.84M	USD	1 Quarter
Total revenues	`Revenues`	$28.74M	USD	2 Qtrs
Total revenues	`Revenues`	$12.70M	USD	1 Quarter
Total revenues	`Revenues`	$27.38M	USD	2 Qtrs
Cost of retail revenues	`CostOfRetailWater`	$2.65M	USD	1 Quarter
Cost of retail revenues	`CostOfRetailWater`	$3.07M	USD	1 Quarter
Cost of retail revenues	`CostOfRetailWater`	$5.95M	USD	2 Qtrs
Cost of retail revenues	`CostOfRetailWater`	$5.51M	USD	2 Qtrs
Cost of bulk revenues	`CostOfBulkWater`	$5.03M	USD	1 Quarter
Cost of bulk revenues	`CostOfBulkWater`	$6.33M	USD	1 Quarter
Cost of bulk revenues	`CostOfBulkWater`	$9.93M	USD	2 Qtrs
Cost of bulk revenues	`CostOfBulkWater`	$11.93M	USD	2 Qtrs
Cost of services revenues	`CostOfServices`	$783.98K	USD	1 Quarter
Cost of services revenues	`CostOfServices`	$181.37K	USD	1 Quarter
Cost of services revenues	`CostOfServices`	$354.20K	USD	2 Qtrs
Cost of services revenues	`CostOfServices`	$2.22M	USD	2 Qtrs
Total cost of revenues	`CostOfRevenue`	$9.58M	USD	1 Quarter
Total cost of revenues	`CostOfRevenue`	$8.47M	USD	1 Quarter
Total cost of revenues	`CostOfRevenue`	$18.24M	USD	2 Qtrs
Total cost of revenues	`CostOfRevenue`	$17.66M	USD	2 Qtrs
Gross profit	`GrossProfit`	$4.23M	USD	1 Quarter
Gross profit	`GrossProfit`	$10.50M	USD	2 Qtrs
Gross profit	`GrossProfit`	$9.72M	USD	2 Qtrs
Gross profit	`GrossProfit`	$5.25M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$3.21M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$5.69M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$6.97M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$3.18M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$3.53M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$4.03M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$1.03M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$2.07M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$302.04K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$604.22K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$661.95K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$314.29K	USD	1 Quarter
Interest expense	`InterestExpense`	$398.82K	USD	1 Quarter
Interest expense	`InterestExpense`	$694.28K	USD	2 Qtrs
Interest expense	`InterestExpense`	$343.91K	USD	1 Quarter
Interest expense	`InterestExpense`	$803.63K	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	$77.59K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$77.96K	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	$141.54K	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	$27.09K	USD	1 Quarter
Equity in earnings of OC-BVI	`IncomeLossFromEquityMethodInvestments`	$366.48K	USD	2 Qtrs
Equity in earnings of OC-BVI	`IncomeLossFromEquityMethodInvestments`	$137.30K	USD	1 Quarter
Equity in earnings of OC-BVI	`IncomeLossFromEquityMethodInvestments`	$88.98K	USD	1 Quarter
Equity in earnings of OC-BVI	`IncomeLossFromEquityMethodInvestments`	$632.47K	USD	2 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$245.01K	USD	2 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$136.95K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$741.68K	USD	2 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$67.61K	USD	1 Quarter
Net income	`ProfitLoss`	$2.21M	USD	1 Quarter
Net income	`ProfitLoss`	$4.27M	USD	2 Qtrs
Net income	`ProfitLoss`	$4.28M	USD	2 Qtrs
Net income	`ProfitLoss`	$1.09M	USD	1 Quarter
Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$60.30K	USD	1 Quarter
Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$277.61K	USD	1 Quarter
Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$347.48K	USD	2 Qtrs
Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$165.49K	USD	2 Qtrs
Net income attributable to Consolidated Water Co. Ltd. stockholders	`NetIncomeLoss`	$1.93M	USD	1 Quarter
Net income attributable to Consolidated Water Co. Ltd. stockholders	`NetIncomeLoss`	$4.11M	USD	2 Qtrs
Net income attributable to Consolidated Water Co. Ltd. stockholders	`NetIncomeLoss`	$3.92M	USD	2 Qtrs
Net income attributable to Consolidated Water Co. Ltd. stockholders	`NetIncomeLoss`	$1.03M	USD	1 Quarter
Basic earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders	`EarningsPerShareBasic`	$0.13	USD	1 Quarter
Basic earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders	`EarningsPerShareBasic`	$0.28	USD	2 Qtrs
Basic earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders	`EarningsPerShareBasic`	$0.07	USD	1 Quarter
Basic earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders	`EarningsPerShareBasic`	$0.27	USD	2 Qtrs
Diluted earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders	`EarningsPerShareDiluted`	$0.07	USD	1 Quarter
Diluted earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders	`EarningsPerShareDiluted`	$0.13	USD	1 Quarter
Diluted earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders	`EarningsPerShareDiluted`	$0.27	USD	2 Qtrs
Diluted earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders	`EarningsPerShareDiluted`	$0.28	USD	2 Qtrs
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.15	USD	2 Qtrs
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.15	USD	2 Qtrs
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.07	USD	1 Quarter
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.07	USD	1 Quarter
Basic earnings per share	`WeightedAverageNumberOfSharesOutstandingBasic`	14.54M	shares	2 Qtrs
Basic earnings per share	`WeightedAverageNumberOfSharesOutstandingBasic`	14.55M	shares	1 Quarter
Basic earnings per share	`WeightedAverageNumberOfSharesOutstandingBasic`	14.56M	shares	1 Quarter
Basic earnings per share	`WeightedAverageNumberOfSharesOutstandingBasic`	14.56M	shares	2 Qtrs
Diluted earnings per share	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.60M	shares	2 Qtrs
Diluted earnings per share	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.60M	shares	1 Quarter
Diluted earnings per share	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.60M	shares	2 Qtrs
Diluted earnings per share	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.60M	shares	1 Quarter

Cash Flow Statement 36 line items

Line Item	Tag	Value	Unit	Period
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.39M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$7.88M	USD	2 Qtrs
Additions to property, plant and equipment and construction in progress	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.38M	USD	2 Qtrs
Additions to property, plant and equipment and construction in progress	`PaymentsToAcquirePropertyPlantAndEquipment`	$836.91K	USD	2 Qtrs
Distribution of earnings from OC-BVI	`PaymentsForProceedsFromEquityAffiliates`	$202.63K	USD	2 Qtrs
Distribution of earnings from OC-BVI	`PaymentsForProceedsFromEquityAffiliates`	$666.60K	USD	2 Qtrs
Collections of loans receivable	`ProceedsFromCollectionOfLoansReceivable`	$599.70K	USD	2 Qtrs
Collections of loans receivable	`ProceedsFromCollectionOfLoansReceivable`	$853.60K	USD	2 Qtrs
Collections of loans receivable from OC-BVI	`ProceedsFromCollectionOfAdvanceToAffiliate`	$1.10M	USD	2 Qtrs
Collections of loans receivable from OC-BVI	`ProceedsFromCollectionOfAdvanceToAffiliate`	-	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-223.80K	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$429.39K	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$2.18M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$2.18M	USD	2 Qtrs
Repurchase of redeemable preferred stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$3.86K	USD	2 Qtrs
Repurchase of redeemable preferred stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	-	USD	2 Qtrs
Principal repayments of long term debt	`RepaymentsOfLongTermDebt`	$711.38K	USD	2 Qtrs
Principal repayments of long term debt	`RepaymentsOfLongTermDebt`	$754.66K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.94M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.89M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$925.13K	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$4.71M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$45.35M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$46.13M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$50.84M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$44.43M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$45.35M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$46.13M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$50.84M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$44.43M	USD	Point-in-time
Interest paid in cash	`InterestPaid`	$616.11K	USD	2 Qtrs
Interest paid in cash	`InterestPaid`	$715.64K	USD	2 Qtrs
Issuance of common stock to executive management for services rendered	`StockIssued1`	$72.79K	USD	2 Qtrs
Issuance of common stock to executive management for services rendered	`StockIssued1`	$28.02K	USD	2 Qtrs
Dividends declared but not paid	`DividendsDeclaredAndNotPaid`	$1.09M	USD	2 Qtrs
Dividends declared but not paid	`DividendsDeclaredAndNotPaid`	$1.09M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.