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Yew Bio-Pharm Group Reports 2014 Second Quarter Financial Results
Date:8/14/2014

news_span">2013(Unaudited)ASSETSCURRENT ASSETS:Cash$

230,678$

1,159,611Accounts receivable1,325,680418,875Accounts receivable - related party138,039377,821Inventories878,8631,089,087Prepaid expenses – related party19,78634,031Prepaid expenses and other assets23,1132,697Total Current Assets2,616,1593,082,122LONG-TERM ASSETS:Inventories, net of current portion10,018,96510,245,146Property and equipment, net931,6511,033,078Land use rights and yew forest assets, net20,548,09120,953,562Total Long-term Assets31,498,70732,231,786Total Assets$

34,114,866$

35,313,908LIABILITIES AND SHAREHOLDERS' EQUITYCURRENT LIABILITIES:Accounts payable$

42,304$

-Accrued expenses and other payables134,959136,713Taxes payable6,30910,232Due to related parties'/>"/>

SOURCE Yew Bio-Pharm Group, Inc.
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