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

xpenses and deposits 1,109,1941,072,078Due from related party18,489-Total current assets144,692,075126,282,645Property, plant and equipment 79,277,84680,083,383Long-term inventories-28,692Long-term prepaid expenses178,736289,766Prepayments for acquisition of equipment197,938483,278Deferred tax assets 391,491445,589Licenses865,4371,149,914Total assets$225,603,523$208,763,267LIABILITIES AND EQUITYCurrent liabilities  Loans payable 

$

12,613,967

$

3,328,590Due to related party3,287,582-  Accounts payable and accrued liabilities 26,259,56024,777,808Income tax payable 243,071238,775Deferred revenue7,541,5151,378,425  Deferred government grants 438,853431,097Total current liabilities50,384,54830,154,695Deferred government grants 4,571,8384,068,602Loans payable36,229,00731,181,235Due to related party -3,230,125Deferred revenue-10,693,247Total long term liabilities40,800,84549,173,209Total liabilities91,185,39379,327,904Commitments and contingencies EQUITYPreferred stock--  Authorized 50,000,000 shares at par value of $0.001 each  Issued and outstanding: nilCommon stock55,40355,092  Authorized: 100,000,000 shares at par value of $0.001 each  Issued and outstanding:  55,402,061 (2012 – 55,091,561)Additional paid-in capital107,201,859106,245,934Accumulated other comprehensive income13,205,20311,770,927Statutory surplus reserves11,808,27111,808,271Accumulated deficit -10,535,905-12,156,414Total stockholders' equity121,734,831117,723,810Non-controlling interests 12,683,29911,711,553Total equity134,418,130129,435,363Total liabilities and equity$225,603,523$208,763,267 

 SINOVAC BIOTECH LTD.Incorporated in Antigua and  BarbudaConsolidated Statements of Income (Loss) and Comprehensive Income (Loss)Three and Nine Months Ended September 30, 2013 and 2012(Unaudited)(Expressed in U.S. Dollars)Three months endedNine months e
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SOURCE Sinovac Biotech Ltd.
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