10-K Filing

SCIENTIFIC ENERGY, INC CIK: 1276531 FY 2012

Filing Information

Form Type	10-K
Accession Number	`0001276531-13-000004`
Period End Date	20121231
Filing Date	20130415
Fiscal Year	2012
Fiscal Period	FY
XBRL Instance	scgy-20121231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 41 Income Statement 27 Cash Flow Statement 30 Stockholders Equity 13

Balance Sheet 41 line items

Line Item	Tag	Value	Unit	Period
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.78M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.22M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$58.20K	USD	Point-in-time
Prepaid Expense and Other	`PrepaidExpenseAndOtherAssetsCurrent`	$2.40K	USD	Point-in-time
Prepaid Expense and Other	`PrepaidExpenseAndOtherAssetsCurrent`	$25.96K	USD	Point-in-time
Assets, Current	`AssetsCurrent`	$84.17K	USD	Point-in-time
Assets, Current	`AssetsCurrent`	$1.22M	USD	Point-in-time
Property, Plant and Equipment	`PropertyPlantAndEquipmentNet`	$169.59K	USD	Point-in-time
Property, Plant and Equipment	`PropertyPlantAndEquipmentNet`	$82.67K	USD	Point-in-time
Deposit	`Deposits`	$21.30K	USD	Point-in-time
Long-term Investments	`LongTermInvestments`	$2.26M	USD	Point-in-time
Long-term Investments	`LongTermInvestments`	$2.41M	USD	Point-in-time
Assets	`Assets`	$2.60M	USD	Point-in-time
Assets	`Assets`	$3.65M	USD	Point-in-time
Accounts Payable and Accrued Liabilities, Current	`AccountsPayableAndAccruedLiabilitiesCurrent`	$164.23K	USD	Point-in-time
Accounts Payable and Accrued Liabilities, Current	`AccountsPayableAndAccruedLiabilitiesCurrent`	$3.44K	USD	Point-in-time
Related Party Loans	`NotesPayableRelatedPartiesCurrent`	$76.73K	USD	Point-in-time
Liabilities, Current	`LiabilitiesCurrent`	$3.44K	USD	Point-in-time
Liabilities, Current	`LiabilitiesCurrent`	$240.96K	USD	Point-in-time
Common Stock, Value, Issued	`CommonStockValue`	$949.16K	USD	Point-in-time
Common Stock, Value, Issued	`CommonStockValue`	$949.16K	USD	Point-in-time
Additional Paid in Capital, Common Stock	`AdditionalPaidInCapitalCommonStock`	$5.73M	USD	Point-in-time
Additional Paid in Capital, Common Stock	`AdditionalPaidInCapitalCommonStock`	$5.73M	USD	Point-in-time
Retained Earnings (Accumulated Deficit)	`RetainedEarningsAccumulatedDeficit`	$-2.73M	USD	Point-in-time
Retained Earnings (Accumulated Deficit)	`RetainedEarningsAccumulatedDeficit`	$-4.14M	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss), Net of Tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-180.38K	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss), Net of Tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-312.18K	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.36M	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.64M	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	94.16M	shares	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	94.16M	shares	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	94.16M	shares	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	94.16M	shares	Point-in-time
Common Stock, Value, Outstanding	`CommonStockValueOutstanding`	$949.16K	USD	Point-in-time
Common Stock, Value, Outstanding	`CommonStockValueOutstanding`	$949.16K	USD	Point-in-time
Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$3.65M	USD	Point-in-time
Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$2.60M	USD	Point-in-time

Income Statement 27 line items

Line Item	Tag	Value	Unit	Period
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$1.33M	USD	Annual
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$789.67K	USD	Annual
Depreciation	`Depreciation`	$87.79K	USD	Annual
Depreciation	`Depreciation`	$87.63K	USD	Annual
Operating Expenses	`OperatingExpenses`	$1.42M	USD	Annual
Operating Expenses	`OperatingExpenses`	$877.30K	USD	Annual
Operating Income (Loss)	`OperatingIncomeLoss`	$-1.42M	USD	Annual
Operating Income (Loss)	`OperatingIncomeLoss`	$-877.30K	USD	Annual
Interest Income	`InvestmentIncomeInterest`	$102.75K	USD	Annual
Interest Income	`InvestmentIncomeInterest`	$60.00	USD	Annual
Gain (Loss) on Exchange of Investments	`GainLossOnInvestments`	$-769.75K	USD	Annual
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.42M	USD	Annual
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-4.80K	USD	Annual
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-4.80K	USD	Annual
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-1.42M	USD	Annual
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	-	USD	Annual
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	Annual
Weighted Average Number of Shares Outstanding, Basic and Diluted	`WeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	94.92M	shares	Point-in-time
Weighted Average Number of Shares Outstanding, Basic and Diluted	`WeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	94.92M	shares	Point-in-time
Net Income (Loss)	`NetIncomeLoss`	$-4.80K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-1.42M	USD	Annual
Exchange of Investment	`ExchangeOfInvestment`	$-319.08K	USD	Annual
Exchange of Investment	`ExchangeOfInvestment`	$139.24K	USD	Annual
Foreign Translation Gain (Loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$942.00	USD	Annual
Foreign Translation Gain (Loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-7.44K	USD	Annual
Comprehensive Income (loss)	`OtherComprehensiveIncomeLossTax`	$-322.94K	USD	Annual
Comprehensive Income (loss)	`OtherComprehensiveIncomeLossTax`	$-1.28M	USD	Annual

Cash Flow Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-4.80K	USD	Annual
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-1.42M	USD	Annual
Depreciation	`Depreciation`	$87.79K	USD	Annual
Depreciation	`Depreciation`	$87.63K	USD	Annual
Gain (Loss) on Exchange of Investments	`GainLossOnInvestments`	$-769.75K	USD	Annual
Increase (Decrease) in Receivables	`IncreaseDecreaseInReceivables`	$2.87M	USD	Annual
Increase (Decrease) in Interest Receivable on Convertible Debenture	`IncreaseDecreaseInInterestReceivableOnConvertibleDebenture`	$51.95K	USD	Annual
Increase (Decrease) in Deposits Outstanding	`IncreaseDecreaseInDepositsOutstanding`	$-21.28K	USD	Annual
Increase (Decrease) in Prepaid Expense and Other Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-23.68K	USD	Annual
Increase (Decrease) in Prepaid Expense and Other Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$14.79K	USD	Annual
Increase (Decrease) in Accounts Payable and Accrued Liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$160.79K	USD	Annual
Increase (Decrease) in Accounts Payable and Accrued Liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.82M	USD	Annual
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-546.17K	USD	Annual
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.21M	USD	Annual
Payments to Acquire Property, Plant, and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-541.00	USD	Annual
Payments to Acquire Property, Plant, and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-68.00	USD	Annual
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-68.00	USD	Annual
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-541.00	USD	Annual
Proceeds from (Repayments of) Related Party Debt	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$76.67K	USD	Annual
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$76.67K	USD	Annual
Effect of Exchange Rate on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-21.57K	USD	Annual
Effect of Exchange Rate on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-519.00	USD	Annual
Cash and Cash Equivalents, Period Increase (Decrease)	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-564.76K	USD	Annual
Cash and Cash Equivalents, Period Increase (Decrease)	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.16M	USD	Annual
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.78M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.22M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$58.20K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.78M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.22M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$58.20K	USD	Point-in-time

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Balance, Value	`StockholdersEquity`	$3.97M	USD	Point-in-time
Balance, Value	`StockholdersEquity`	$3.64M	USD	Point-in-time
Balance, Value	`StockholdersEquity`	$2.36M	USD	Point-in-time
Balance, Value	`StockholdersEquity`	-	USD	Point-in-time
Net Income (Loss)	`NetIncomeLoss`	$-4.80K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-1.42M	USD	Annual
Unrealized gain from change in fair value of investment	`UnrealizedGainFromChangeInFairValueOfInvestment`	$139.24K	USD	Annual
Cumulative foreign currency translation adjustment	`CumulativeForeignCurrencyTranslationAdjustment`	$-7.44K	USD	Annual
Cumulative foreign currency translation adjustment	`CumulativeForeignCurrencyTranslationAdjustment`	$-318.14K	USD	Annual
Balance, Value	`StockholdersEquity`	$3.97M	USD	Point-in-time
Balance, Value	`StockholdersEquity`	$3.64M	USD	Point-in-time
Balance, Value	`StockholdersEquity`	$2.36M	USD	Point-in-time
Balance, Value	`StockholdersEquity`	-	USD	Point-in-time

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