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American Oriental Bioengineering Reports First Quarter 2009 Financial Results
Date:5/11/2009

347,216 Other current assets 863,554 744,903 Total Current Assets 135,488,386 132,451,970 LONG-TERM ASSETS Plant and equipment, net 97,192,300 98,154,443 Land use rights, net 148,319,092 148,988,870 Deposit for long-term assets 6,355,148 6,347,174 Construction in progress 25,675,899 25,385,835 Deferred tax assets 1,322,194 1,313,832 Other intangible assets, net 22,426,393 23,690,440 Goodwill 28,543,226 28,543,226 Investments in and advances to equity investments 55,554,438 54,963,064 Unamortized financing costs 3,983,911 4,215,983 Total Long-Term Assets 389,372,601 391,602,867 TOTAL ASSETS $524,860,987 $524,054,837 LIABILITIES AND SHAREHOLDERS' EQUITY DECEMBER 31, DECEMBER 31, 2008 2007 UNAUDITED CURRENT LIABILITIES Accounts payable $10,355,431 $12,287,887 Notes payables 3,277,285 3,262,877 Other payables and accrued expenses 13,578,351 19,766,652 Taxes payable -- 420,671 Short-term bank loans 7,441,276 7,140,148 Current portion of long-term bank loans 59,022 58,659 Other liabilities 2,738,113 2,253,440 Deferred tax liability 999,454 846,
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SOURCE American Oriental Bioengineering, Inc.
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