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Sinovac Reports Unaudited Full Year 2008 and Fourth Quarter Financial Results with Financial Tables
Date:4/9/2009

(859,411) - accounts payable and accrued liabilities 64,968 (17,212) 2,038,530 1,227,128 Net cash provided (used) in operating activities 10,297,747 6,634,851 10,504,836 4,316,181 Cash flows from (used in) financing activities - Loans proceeds 6,474,698 2,635,641 8,617,904 3,938,455 - Loans repayment (3,609,576) (1,558,131) (7,181,586) (2,730,662) - Proceeds from issuance of common stock net of share issue costs (428,234) 30,471 9,814,709 214,442 - Repurchase of common shares -- -- (368,323) -- - Proceeds from shares subscribed -- 9,170 -- 9,170 - Payment to release shares in escrow -- -- -- 1,394,333 - Dividends paid to minority shareholders of Sinovac Beijing -- -- (2,947,877) (839,469) - Government grant received 169,176 430,591 383,497 3,531,285 - Due to related parties -- 46,971 -- 46,971 Net cash provided by financing activities 2,606,064 1,594,713 8,318,324 5,564,525 Cash flows from (used in) investing activities - Restricted cash 725 186 -- 24,215 - Proceeds from disposal of equipment 16,848 -- 16,848 -- - Acquisition of property, plant and equipment (693,034) (1,049,435) (3,976,458) (2,466,469) Net cash used in investing activities (675,461) (1,049,249) (3,959,610) (2,442,254) Exchange gain on cash and equival
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SOURCE Sinovac Biotech Ltd.
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1. Sinovac Reports Unaudited Full Year 2008 and Fourth Quarter Financial Results
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