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Sinovac Reports Unaudited Third Quarter 2009 Financial Results
Date:11/15/2009

liabilities - accounts receivable (3,545,198) 4,718,247 (18,088,750)(8,650,832) - inventories (4,063,146) (1,620,126) (9,198,785)(3,934,756) - income tax refundable (payable) 3,482,345 - 3,309,317 - - prepaid expenses and deposits (197,728) 273,079 58,098 188,789 - advance from stockpiling program 147,160 - 9,791,728 - - accounts payable and accrued liabilities 3,646,229 (2,168,844) 2,362,439 1,973,562 Net cash provided by operating activities 7,456,945 3,306,386 8,760,211 207,089 Cash flows from (used in) Financing activities Loan proceeds - (3,572,010) 16,074,281 - Loan repayment (4,384,356) 2,143,206 (4,384,356) (3,572,010) Proceeds from issuance of common stock 693,285 - 693,285 2,143,206 Repurchase of common shares - - (335,831) 9,854,560 Loan repayment from non- controlling shareholder of Sinovac Beijing 1,461,298 - - - Proceeds from shares subscribed 4,035 20,060 4,035 20,060 Dividends paid to non- controlling shareholder of Sinovac Beijing (3,846,501) - (3,846,501) (2,947,877) Government grant received 171,326 143,626 171,326 214,321 Net cash provided by (used in) financing activities (5,900,913) (1,265,118) 8,376,239 5,712,260 Cash flows from (used in) investing activities Restricted cash - 434,196
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SOURCE Sinovac Biotech Co., Ltd.
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