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American Oriental Bioengineering Reports Fourth Quarter and Full Year 2009 Financial Results
Date:3/15/2010

undable deposit -- 6,396,996 Deferred tax assets 824,451 347,216 Other current assets 1,246,647 744,903 Total Current Assets 177,917,308 132,451,970 LONG-TERM ASSETS Property, plant and equipment, net 95,468,265 98,154,443 Land use rights, net 153,604,196 148,988,870 Other long term assets 7,909,086 6,347,174 Construction in progress 28,975,386 25,385,835 Deferred tax assets 134,268 1,313,832 Other intangible assets, net 18,695,554 23,690,440 Goodwill 33,164,121 33,164,121 Investments in and advances to equity investments 57,325,887 54,963,064 Unamortized financing costs 3,287,694 4,215,983 Total Long-Term Assets 398,564,457 396,223,762 TOTAL ASSETS $576,481,765 $528,675,732 LIABILITIES AND SHAREHOLDERS' EQUITY DECEMBER 31, DECEMBER 31, 2009 2008 CURRENT LIABILITIES Accounts payable $7,497,143 $12,287,887 Notes payables 3,392,575 3,262,877 Other payables and accrued expenses 22,320,757 19,766,652 Taxes payable 947,338 420,671 Short-term bank loans 10,384,368 7,140,148 Current portion of long-term bank loans 60,108 58,659 Other liabilities 2,199,280
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SOURCE American Oriental Bioengineering, Inc.
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