Date:8/14/2009

33,044,273 LIABILITIES AND STOCKHOLDERS' EQUITY: Current Liabilities: Accounts payable $1,702,841 $1,293,460 Accrued expenses 8,733,930 2,721,082 Deposits 5,259,457 5,550,502 Payable to related parties 39,666 148,575 Short-term notes payable 11,324,701 9,850,211 Advances from customers 813,879 222,609 Taxes and related payables 1,296,596 1,236,574 Current portion of long-term debt 1,460,963 3,245,685 Total Current Liabilities 30,632,033 24,268,698 Long-Term Debt -- 1,131,193 Total Liabilities 30,632,033 25,399,891 Stockholders' Equity: Common stock, $0.0001 par value, 100,000,000 shares authorized, 19,679,400 and 19,679,400 outstanding, respectively 1,968 1,968 Additional paid-in capital 6,193,927 6,193,927 Statutory reserves 147,023 147,023 Retained deficit (7,340,619) (603,572) Accumulated other comprehensive income, foreign currency translation 1,659,933 1,656,812 Noncontrolling Interest -- 248,224 Total Stockholders' Equity 662,232 7,644,382 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $31,294,265 $33,044,273 China Shenghuo Pharmaceutical Holdings, Inc. Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)
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SOURCE China Shenghuo Pharmaceutical Holdings, Inc. Copyright©2009 PR Newswire. All rights reserved

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