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Dehaier Medical Announces 2011 Fourth Quarter and Year End Financial Results
Date:3/19/2012

 

1.12-Diluted

(0.01)

 

0.32

 

0.69

 

1.09Weighted average number of common shares used in computation 

 

 

 

 

 

 -Basic

4,516,164

 

4,500,000

 

4,514,329

 

4,043,836-Diluted

4,516,164

 

4,657,500

 

4,514,329

 

4,153,438 DEHAIER MEDICAL SYSTEMS LIMITED AND AFFILIATECONSOLIDATED BALANCE SHEETS 

  December 31,  2011 2010 US$ US$ 

 

 

 ASSETS 

 

 CURRENT ASSETS:

 

 

 Cash and cash equivalents

3,694,486

 

5,923,386Accounts receivable
-less allowance for doubtful accounts of $859,509 and $87,555

12,159,842

 

9,112,077Other receivables

2,522,136

 

3,164,423Prepayment and other current assets

6,714,001

 

5,300,825Inventories, net

5,532,311

 

6,374,363Tax receivable

888,452

 

3,518,919Deferred tax asset

118,030

 

-Total Current Assets 31,629,258

 

33,393,993 

 

 

 Property and equipment, net

3,348,533

 

3,488,947Total Assets 34,977,791

 

36,882,940 

 

 

 LIABILITIES AND EQUITY  

 

 CURRENT LIABILITIES:

 

 

 Short-term borrowings

1,585,890

 

1,514,620Accounts payable 
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SOURCE Dehaier Medical Systems Ltd.
Copyright©2010 PR Newswire.
All rights reserved

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