Date:11/16/2009

19,766 4,215,983 Total Long-Term Assets 388,682,576 396,223,762 TOTAL ASSETS $562,333,690 $528,675,732 LIABILITIES AND SHAREHOLDERS' EQUITY September 30, December 31, 2009 2008 As Restated CURRENT LIABILITIES Accounts payable $10,082,129 $12,287,887 Notes payables 4,084,893 3,262,877 Other payables and accrued expenses 19,556,446 19,766,652 Taxes payable 1,108,783 420,671 Short-term bank loans 9,652,509 7,140,148 Current portion of long-term bank loans 59,771 58,659 Other liabilities 2,334,788 2,253,440 Deferred tax liability 176,449 178,931 Total Current Liabilities 47,055,768 45,369,265 LONG-TERM LIABILITIES Long-term bank loans 759,597 804,521 Long-term notes payable -- 269,908 Deferred tax liabilities 15,502,047 17,635,511 Unrecognized tax benefits 1,903,342 Convertible Note 115,000,000 115,000,000 Total Long-Term Liabilities 133,164,986 133,709,940 TOTAL LIABILITIES 180,220,754 179,079,205 EQUITY SHAREHOLDERS' EQUITY Preferred stock, $0.001 par value; 2,000,000 shares authorized; 1,000,000 shares issued and outstanding at September 30 , 2009 and December 31, 2008, respectively
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SOURCE American Oriental Bioengineering, Inc. Copyright©2009 PR Newswire. All rights reserved

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