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Sinovac Reports Unaudited Third Quarter 2013 Financial Results
Date:11/12/2013

60; - accounts payable and accrued liabilities101,967-1,213,1611,855,651-3,735,436Net cash used in operating activities-5,377,803-6,259,727-14,681,763-24,436,959Cash flows from financing activities  - Loan proceeds3,073,5451,288,54913,858,0477,298,056  - Loan repayment---162,162-  - Proceeds from issuance of common stock137,5245,760554,644399,200- Subscriptions received30,63832,000203,09434,400  - Dividends paid to non-controlling shareholder of----799,376Sinovac Beijing- Loan from non-controlling shareholder of  Sinovac Dalian---3,178,164  - Government grants received71,920-595,733240,580Net cash provided by financing activities3,313,6271,326,30915,049,35610,351,024Cash flows used in investing activities- Acquisition of property, plant and equipment-768,474-4,322,153-3,437,346-10,941,774Net cash used in investing activities-768,474-4,322,153-3,437,346-10,941,774Exchange effect on cash and cash equivalents-187,5491,777,618855,0262,703,434Increase (decrease) in cash and cash equivalents-3,020,199-7,477,953-2,214,727-22,324,275Cash and cash equivalents, beginning of period92,046,42889,440,37391,240,956104,286,695Cash and cash equivalents, end of period89,026,229

$

81,962,420

$

89,026,229

$

81,962,420Cash paid for interest759,543

$

493,244

$

2,055,339

$

1,375,203Cash paid for income taxes$

-

$

-

$

-

$

866,693---Supplemental schedule of non-cash activities:  Acquisition of property, plant and equipment included in  accounts payable and accrued liabilities

$

3,332,952

$

9,962,278

$

3,332,952

$

9,962,278 

Helen Yang/Chris Lee
Sinovac Biotech Ltd.
Tel: +86-10-8279-9659/9696
Fax: +86-10-6296-6910
Email: ir@sinovac.com
 
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SOURCE Sinovac Biotech Ltd.
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