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Simcere Pharmaceutical Group Reports Unaudited Fourth Quarter and Fiscal Year 2010 Results
Date:3/8/2011

nts in and advance to affiliated companies

121,865

121,220

18,366Other assets

44,502

41,234

6,248Totalassets3,137,9023,218,252487,614LiabilitiesCurrent liabilitiesShort-term borrowings and current portion of long-term debts

76,000

360,000

54,545Accounts payable

41,439

49,638

7,521Bills payable

110,810

-

-Other payables and accrued liabilities

464,616

596,208

90,335Totalcurrentliabilities692,8651,005,846152,401Long-term debts, excluding current portion

122,685

19,306

2,925Deferred tax liabilities

93,108

68,811

10,426Other liabilities

21,561

22,593

3,423Totalliabilities930,2191,116,556169,175Redeemable noncontrolling interest-47,4537,190Shareholders' equitySimcere shareholders' equity Ordinary shares at par

8,716

8,422

1,276Additional paid-in capital

1,170,687

890,950

134,992Accumulated other comprehensive loss

(43,886)

(31,972)

(4,844)Retained earnings

846,707

1,011,272

153,223Total equity attributable to Simcere 1,982,2241,878,672284,647Noncontrolling interest

225,459

175,571

26,602Total shareholders' equity2,207,6832,054,243311,249Commitments and contingenciesTotalliabilities, redeemable noncontrolling interest and shareholders'equity3,137,9023,218,252487,614Note: The conversions of Renminbi (RMB) into United States dollars (USD) as at the reporting dates are based on the noon buying rate of USD1.00 = RMB6.600 on December 31, 2010 as set forth in the H. 10 statistical release of the Federal Reserve Board. No representation is intended to imply that the RMB amounts could have been, or could be, converted, realized or settled into U.S. dollars at that rate on the reporting dates.<
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