CH LTD.
Consolidated Balance Sheets
(Unaudited)
(Expressed in U.S. Dollars)
June 30, December 31,
2009 2008
ASSETS
Current assets
Cash and cash equivalents $46,704,452 $32,894,102
Accounts receivable - net 31,740,850 19,486,596
Inventories 9,654,400 6,486,351
Income tax refundable 521,484 348,018
Prepaid expenses and deposits 678,673 933,297
Deferred tax assets 448,965 1,189,831
Due from related party 1,460,963 --
Total current assets 91,209,787 61,338,195
Property, plant and equipment 21,244,659 19,262,099
Long term inventories 2,919,129 942,514
Deferred tax asset 545,102 569,937
Licenses and permits 893,146 1,090,477
$116,811,823 $83,203,222
Total assets
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities
Loans payable $24,105,891 $8,024,277
Accounts payable and accrued
liabilities 11,708,409 11,909,037
Due to related parties 46,971 46,971
Dividends payable to non-controlling
shareholder of Sinovac Beijing 115,835 115,677
Deferred research grants 1,011,842 1,182,703
Total current liabilities 36
'/>"/>SOURCE Sinovac Biotech Ltd. Copyright©2009 PR Newswire. All rights reserved | |
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