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China Biologic Reports Financial Results for the First Quarter of 2013
Date:5/8/2013

> 14,569,72511,206,244Inventories 76,756,80475,679,173Prepayments and other current assets5,948,1505,664,919Total Current Assets 235,984,580222,159,653Property, plant and equipment, net 55,165,40551,325,177Intangible assets, net 3,340,6753,541,582Land use rights, net 5,836,6005,818,709Deposits related to land use rights15,634,23714,752,574Restricted cash 2,928,6602,912,145Equity method investment 10,726,24210,537,310Total Assets

$

329,616,399$

311,047,150LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities Short-term bank loans

$

4,788,000$

7,935,000Accounts payable 2,757,7352,908,624Due to related parties 4,214,5924,081,624Other payables and accrued expenses 23,744,93225,423,349Advance from customers 4,327,3552,857,420Income tax payable 5,808,7234,513,075Total Current Liabilities 45,641,33747,719,092Deferred income2,928,6602,912,145Other liabilities 3,228,9232,996,749Total Liabilities

$

51,798,920$

53,627,986Stockholders' Equity Common stock: par value $0.0001; 100,000,000 shares authorized;

26,845,101 and 26,629,615 shares issued and outstanding at March 31, 2013

and December 31, 2012, respectively

$

2,685$

2,663Additional paid-in capital 65,037,640
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SOURCE China Biologic Products, Inc.
Copyright©2012 PR Newswire.
All rights reserved

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