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China BCT Reports First Quarter 2010 Results
Date:5/21/2010

(44,919) -- Loss on disposal of property, plant and equipment -- 306 Amortization of intangible assets 34,514 29,024 Amortization of land use rights 108,355 83,873 Change in fair value of warrant liabilities 288,783 -- Changes in operating assets and liabilities:- Trade receivables 299,603 (7,574,526) Bills receivable (129,956) -- Other receivables, prepayments and deposits (1,528,878) (1,477,625) Inventories (2,015,522) (440,823) Trade payables 1,584,966 (1,397,972) Amounts due from (to) related companies 388,390 (277,722) Other payables and accrued expenses 591,850 1,463,456 Bills payable (496,176) 2,223,521 Restricted cash 284,065 (2,201,559) Income tax payable 119,648 344,597 Net cash flows provided by (used in) operating activities $3,909,151 $(4,059,740) China BCT Pharmacy Group, Inc. (Formerly named China Baicaotang Medicine Limited) Condensed Consolidated Statements of Cash Flows (Cont'd) For the three months ended March 31, 2010 and 2009 (Unaudited) (Stated in US Dollars)
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SOURCE China BCT Pharmacy Group, Inc.
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