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American Oriental Bioengineering Reports Third Quarter 2009 Financial Results
Date:11/16/2009

1 88,825,120 80,553,647 American Oriental Bioengineering, Inc. and Subsidiaries Condensed Consolidated Balance Sheets (Unaudited) September 30, December 31, 2009 2008 As Restated CURRENT ASSETS Cash and cash equivalents $115,923,399 $70,636,510 Accounts receivable, net of reserve of $512,013 and $226,330 at September 30 , 2009 and December 31, 2008, respectively 37,961,967 36,982,167 Inventories, net of provision for slow moving inventories 15,291,710 13,042,123 Advances to suppliers 2,798,860 3,593,979 Notes receivable 122,300 708,076 Refundable deposit -- 6,396,996 Deferred tax assets 398,563 347,216 Other current assets 1,154,315 744,903 Total Current Assets 173,651,114 132,451,970 LONG-TERM ASSETS Property, plant and equipment, net 96,085,233 98,154,443 Land use rights, net 154,233,322 148,988,870 Deposit for long-term assets -- 6,347,174 Construction in progress 26,645,307 25,385,835 Deferred tax assets 127,823 1,313,832 Other intangible assets, net 19,911,767 23,690,440 Goodwill 33,164,121 33,164,121 Investments in and advances to equity investments 54,995,237 54,963,064 Unamortized financing costs 3,5
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