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

32,925

 

29,318Advances from customers

303,000

 

269,189Accrued expenses and other current liabilities

349,158

 

330,601Taxes payable

2,042,048

 

8,327,708Warranty obligation

334,680

 

301,464Due to officer

-

 

2,358Total Current Liabilities 4,647,701

 

10,775,258 

 

 

 OTHER LIABILITIES 

 

 Warrants liability

96,469

 

318,109Total Liabilities4,744,170

 

11,093,367 

Commitments and Contingency 

 

 Equity  

 

 Common shares, $0.002731 par value, 18,307,038 shares authorized, 4,560,000 and 4,500,000 shares issued and
outstanding at December 31, 2011 and 2010, respectively

12,454

 

12,290Additional paid in capital

13,281,374

 

13,137,085Retained earnings

12,941,572

 

9,838,452Accumulated other comprehensive income

2,585,488

 

1,474,455Total Dehaier Medical Systems Limited shareholders' equity 28,820,888

 

24,462,282Non-controlling interest

1,412,733

 

1,327,291Total equity 30,233,621

 

25,789,573Total liabilities and equity 34,977,791

 

36,882,940 DEHAIER MEDICAL SYSTEMS LIMITED AND AFFILIATECONSOLIDATED STATEMENTS OF CASH FLOWS 

 

  

 For the years ended December 31, 

 2011 2010 

 US$ US$Cash flows from operating activities 

 

 

  

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SOURCE Dehaier Medical Systems Ltd.
Copyright©2010 PR Newswire.
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