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TPI Reports Second Quarter Fiscal Year 2013 Financial Results
Date:2/14/2013

15)-(9,833)Total other income (expenses)(81,626)184,311(122,428)164,709Income before provision for income tax2,516,7922,238,1604,620,7934,364,444Provision for income tax668,762556,5901,251,8101,175,657Net income1,848,0301,681,5703,368,9833,188,787Less: Net loss attributable tononcontrolling interest(15,920)(56,035)(36,584)(74,058)

Net income
  attributable to
Tianyin Pharmaceutical
  Co., Inc.


 

$

 

1,863,950 

$

 

1,737,605 

$

 

3,405,567 

$

 

3,262,845Basic earnings per share$0.06$0.06$0.12$0.11Diluted earnings per share$0.06$0.06$0.12$0.11Weighted average number of commonshares outstandingBasic29,332,79129,396,27629,332,79129,396,276Diluted29,332,79129,396,27629,332,79129,396,276 Tianyin Pharmaceutical Co., Inc.Consolidated Statements of Comprehensive Income(Unaudited)For the Three Months EndedFor the Six Months EndedDecember 31,December 31,2012201120122011Net income$1,848,030$1,681,570$3,368,983$3,188,787Other comprehensive incomeForeign currency translation adjustment226,799567,535114,2991,515,042Comprehensive income2,074,8292,249,1053,483,2824,703,829Less: comprehensive income (loss)attributable to 
noncontrolling
  interest(15,225)(52,025)(36,249)185,379Comprehensive income attributable toTianyin Pharmaceutical Co., Inc.$2,090,054$2,301,130$3,519,531$4,518,450 Tianyin Pharmaceutical Co., Inc.Consolidated Statements of Cash Flows(Unaudited)For the Six Months EndedDecember 31,20122011Cash flows from operating activities:Net Income$

3,368,983$

3,188,787Adjustments to reconcile net income to net cashprovided by (used in) operating activities:Depreciation and amortization1,171,649518,131Gain on disposal of fixed assets-(229,110)Share-based payments17,730-Provision for bad debts-4
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SOURCE Tianyin Pharmaceutical Co., Inc.
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