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Sinovac Reports Unaudited Second Quarter 2009 Financial Results
Date:8/19/2009

,988,948 21,278,665 Deferred government grants 2,749,228 2,836,994 Loan payable 2,191,445 2,188,439 Deferred revenue-H5N1 9,642,356 -- Long-term debt 14,583,029 5,025,433 Total liabilities 51,571,977 26,304,098 Commitments and contingencies STOCKHOLDERS' EQUITY Preferred stock -- -- Common stock 42,424 42,894 Additional paid in capital 41,422,187 41,629,506 Accumulated other comprehensive income 4,162,591 4,143,225 Dedicated reserves 5,549,684 5,549,684 Retained earnings (Accumulated deficit) 4,181,800 -1,651,534 Total stockholders' equity 55,358,686 49,713,775 Non-controlling interest 9,881,160 7,185,349 Total equity 65,239,846 56,899,124 Total liabilities and equity $116,811,823 $83,203,222 SINOVAC BIOTECH LTD. Consolidated Statements of Cash Flows Three Months and Six Months Ended June 30, 2009 and 2008 (Unaudited) (Expressed in U.S. Dollars) Three Months ended Six Months ended June 30 June 30 2009 2008 2009 2008 Cash flows from (used in) operating activities Net Income for the period $8,390,332 $4,882,013 $8,521,891 $7,180,824 Adjustments to reconcile net income to
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