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Interest expense(942)(2,143)(341)Share of net income of equity investment66415024Interest income62854086Loss before income taxes(33,407)(23,679)(3,765)Income tax expenseCurrent(152)(217)(35)
Deferred---Income tax expense(152)(217)(35)
Net loss(33,559)(23,896)(3,800)Less: Net income (loss) attributable to the non-controlling interests934(900)(143)Net loss attributable to Origin Agritech Limited (34,493)(22,996)(3,657)
Other comprehensive income (loss)Net loss(33,559)(23,896)(3,800)Foreign currency translation
difference49249979Comprehensive loss(33,067)(23,397)(3,721)Less: Comprehensive income
attributable to non-controlling
interests934(900)(143)Comprehensive loss
attributable to Origin Agritech Limited(34,001)(22,497)(3,578)Net loss per share – basic(1.48)(0.98)(0.16)Net loss per share – diluted(1.48)(0.98)(0.16)Shares used in calculating basic and diluted net loss per share23,382,81223,382,81223,382,812
UNAUDITED CONSOLIDATED BALANCE SHEETS(In thousands, except share data)December 31September 30December 312011201220122012 RMB RMB RMB USDAssetsCurrent assets:Cash and cash equivalents192,003
152,789222,80535,431Accounts receivable8,6547,0657,2001,145Due from related parties 2072,0822,000318Advances to suppliers 11,1327,8026,9401,104Advances to growers6,64688,1942,254358Inventories 552,988282,544649,227103,240Income tax recoverable 2,1552,1592,159343
Other current assets 13,59716,4077,8911,255Total current assets787,382
559,042900,476143,194Land use rights, net 32,91432,31832,3414,808Plant and equipment, net 202,571317,085340,28254,112Equity investments 21,16722,43322,5843,591Goodwill 11,97311,97311,9731,904Acquired intangible assets, net 27,64225,58525,0934,325Deferr
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