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Yongye International Announces First Quarter 2010 Results
Date:5/12/2010

,925,174 Long-term loans and payables - current portion 431,041 331,693 Accounts payable - related party 880,167 880,026 Accounts payable - third parties 4,033,650 344,774 Income tax payable 4,901,251 4,082,424 Advance from customers 31,311 29,157 Accrued expenses 894,985 479,609 Due to a related party 785,765 1,663,191 Other payables 411,182 553,286 Derivative liabilities - fair value of warrants 1,367,671 1,380,205 Total Current Liabilities 13,737,023 12,669,539 Long-term loans and payables 769,737 545,327 Total Liabilities 14,506,760 13,214,866 Equity Yongye International, Inc. shareholders' equity: Common stock: par value $.001; 75,000,000 shares authorized; 44,532,241 shares issued and outstanding at March 31, 2010 and December 31, 2009 44,532 44,532 Additional paid-in capital 118,583,308 118,583,308 Subscription receivable -- (8,550,000) Retained earnings 19,877,738 15,506,445 Accumulated other comprehensive income 349,491 329,139 Total Yongye International, Inc. shareholders' equity 138,855,069 125,913,424 Noncontrolling interest 6,935,918 6,677,398 Total Equity 145,790,987 132,590,822 Total Liabilities and Equity $160,297,747 $145,805,688
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SOURCE Yongye International, Inc.
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