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WuXi PharmaTech Announces Third-Quarter 2013 Results
Date:11/12/2013

ent liabilities:Short-term and current portion of long-term debt49,406

59,089Accounts payable30,763

21,808Accrued expenses27,220

27,411Deferred revenue22,527

17,052Advanced subsidies11,435

9,265Other taxes payable7

1,581Other current liabilities14,128

11,215Total current liabilities155,486

147,421Non-current liabilities:Long-term debt, excluding current portion5,534

5,697Advanced subsidies1,902

2,663Long-term payables-

732Other non-current liabilities7,149

7,799Total non-current liabilities14,585

16,891Total liabilities170,071

164,312Equity:Ordinary shares ($0.02 par value, 5,002,550,000 authorized,  568,513,338 and 569,653,210 issued and outstanding as of December 31, 2012, and September 30, 2013, respectively) 11,393

11,222Additional paid-in capital346,383

331,714Retained earnings270,315

188,604Accumulated other comprehensive income64,913

46,683Total equity693,004

578,223Total liabilities and equity863,075

742,535 WUXI PHARMATECH (CAYMAN) INC.UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME(In thousands of U.S. dollars, except ADS data and per ADS data)Three Months Ended
 September 30,Nine Months Ended
 September 30,20132012% Change20132012% ChangeNet revenues:Laboratory Services108,060

98,925

9.2%311,444

279,119

11.6%Manufacturing Services38,659

26,919

43.6%109,467

95,134

15.1%Total net revenues146,719

125,844

16.6%420,911

374,253

12.5%Cost of revenues:Laboratory Services(66,929)

(61,097)

9.5%(192,557)

(174,840)

10.1%Manufacturing Services(27,053)

(18,657)

45.0%(76,456)

(64,938)

17.7%Total cost of revenues(93,982)

(79,754)

17.8%(269,013)
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SOURCE WuXi PharmaTech
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