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Condensed consolidated statements of cash flows (USD $)
6 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash flow from operating activities    
Net loss $ (47,854,127) $ (17,447,802)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 10,022,512 10,326,819
Provision for recovery of doubtful accounts (2,142,085) 3,686,537
Write-down of obsolete inventories 25,795,764 1,967,738
Impairment charge 11,396,349 2,707,686
Loss arising from loan guarantee 2,811,039 0
Share-based compensation 218,384 474,731
Deferred income taxes 5,792,575 2,110,627
Exchange difference 929,121 1,985
Changes in operating assets and liabilities:    
Trade accounts receivable 23,960,665 (13,804,887)
Inventories (15,212,219) 7,207,565
Prepayments and other receivables (1,918,491) (6,886,989)
Recoverable on loan guarantee (1,407,034) 0
Accounts and bills payable (6,722,829) 4,528,041
Accrued expenses and other payables 14,374,314 20,036,300
Deferred revenue (170,027) (126,347)
Net cash provided by operating activities 19,873,911 14,782,004
Cash flow from investing activities    
Decrease/(increase) in pledged deposits (3,393,661) 3,455,963
Payment of guaranteed loans (7,294,672) 0
Repayment of guaranteed loans 1,524,657 0
Purchases of property, plant and equipment (20,800,251) (10,052,253)
Purchases of intangible assets (336,507) (463,779)
Net cash used in investing activities (30,300,434) (7,060,069)
Cash flow from financing activities    
Proceeds from borrowings 100,957,520 95,395,611
Repayment of borrowings (99,514,848) (111,453,961)
Borrowings from related parties 862,854 0
Repayment to related parties (2,180,599) 0
Proceeds from other long-term loans 8,208,548 0
Net cash (used in) provided by financing activities 8,333,475 (16,058,350)
Effect of exchange rate changes on cash and cash equivalents 25,095 156,857
Net decrease in cash and cash equivalents (2,067,953) (8,179,558)
Cash and cash equivalents at the beginning of period 9,271,633 24,858,239
Cash and cash equivalents at the end of period 7,203,680 16,678,681
Supplemental disclosure of cash flow information:    
Bills receivable discounted to banks 27,605,690 9,325,325
Cash paid during the period for:    
Income taxes 0 0
Interest, net of amounts capitalized $ 4,346,894 $ 5,345,828