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Condensed Consolidated Statements of Cash Flows (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
CASH FLOWS FROM OPERATING ACTIVITIES    
NET INCOME $ 9,647,003 $ 6,708,778
Adjustments to reconcile net income to cash (used in) provided by operating activities:    
Depreciation and amortization 3,776,545 2,342,539
Change in fair value of derivative liability (216,000) (1,021,039)
Deferred income tax 1,332,624 705,854
Interest on loans from related party 909 0
Stock issued for services 0 26,280
Stock-based compensation 19,999 71,669
Gain on sale of investment 0 (349,139)
Changes in operating assets and liabilities    
Accounts receivable (12,982,656) (22,652,993)
Inventories (9,631,468) (13,047,456)
Value added tax receivable (88,749) (975,280)
Other receivables and prepaid expenses (26,379) (266,342)
Advances on inventory purchases (14,682) (1,759,176)
Amounts due from related parties (6,725,157) 3,087,378
Accounts payable 10,210,707 15,888,227
Accounts payable and other payables- related parties 813,218 1,035,912
Advances from customers 0 1,119,070
Other payables and accrued liabilities 2,445,334 74,087
Value added and other taxes payable 987,338 1,002,692
Income tax payable 48,101 297,377
Net cash used in operating activities (403,313) (7,711,562)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (3,892,831) (1,984,027)
Proceeds from sale of cost investment 0 1,828,518
Payment for acquisition of noncontrolling interest 0 (914,249)
Proceeds from sale of property and equipment 0 30,020
Net cash used in investing activities (3,892,831) (1,039,738)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from bank loans 65,322,164 36,194,090
Repayment of bank loans (55,143,458) (25,824,349)
Repayment of loans from related party (1,000,720) (1,650,030)
Net cash provided by financing activities 9,177,986 8,719,711
EFFECT OF EXCHANGE RATE CHANGES ON CASH 249,086 167,497
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 5,130,928 135,908
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 3,691,653 3,555,745
CASH AND CASH EQUIVALENTS AT END OF PERIOD 8,822,581 3,691,653
Cash paid during the period for:    
Interest 1,445,212 377,444
Income taxes $ 701,251 $ 161,311