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China Sky One Medical Announces Third Quarter 2011 Results
Date:11/9/2011

)  

 Nine Months Ended September 30,  

 2011 

 2010  

 

 

 

 

 

 Cash flows from operating activities 

 

 

 

 

 Net Income 

$

12,756

 

 

$

33,426

 Adjustments to reconcile net cash provided by (used in) operating activities: 

 

 

 

 

 

 

 Depreciation and amortization

 

 

4,679

 

 

 

2,895

 Change in fair value of derivative liability

 

 

(1,601)

 

 

 

(8,847)

 Net change in assets and liabilities: 

 

 

 

 

 

 

 Accounts receivable

 

 

(456)

 

 

 

(1,363)

 Inventories

 

 

(4,179)

 

 

 

(1,816)

 Prepaid expenses and other current assets

 

 

(43)

 

 

 

(13)

 Accounts payable and accrued expenses

 

 

2,727

 

 

 

880

 Taxes payable

 

 

(1,661)

 

 

 

397

 Net cash provided by operating activities 

 

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SOURCE China Sky One Medical, Inc.
Copyright©2010 PR Newswire.
All rights reserved

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