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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 7,919,872 $ 5,814,290
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 3,462,128 3,690,891
Loss from sale of property and equipment    29,499
Change in fair value of derivative liability 0 (294,000)
Deferred income tax (2,409,053) 555,716
Stock-based compensation    10,082
Changes in operating assets and liabilities    
Accounts receivable 19,441,054 19,994,644
Inventories (1,927,458) (9,730,652)
Value added tax receivable (1,286,005) (1,177,837)
Other receivables and prepaid expenses (529,644) 307,455
Advances on inventory purchases (404,581) (1,473,254)
Amounts due from related parties 1,334,894 (2,760,288)
Accounts payable (22,393,350) (9,577,345)
Accounts payable and other payables- related parties (2,527,146) 123,426
Other payables and accrued liabilities (1,076,252) 75,308
Value added and other taxes payable (631,814) (77,745)
Income tax payable 3,830,846 (389,778)
Net cash provided by operating activities 2,803,491 5,120,412
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment (4,185,207) (4,642,650)
Proceeds from sale of property and equipment    13,583
Net cash used in investing activities (4,185,207) (4,629,067)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from bank loans 73,693,038 42,227,892
Repayment of bank loans (71,260,909) (45,290,965)
Repayment of payable to officers and employees    (2,381,512)
Repayment of advances to related party    18,781,438
Interest income received from related party 1,302,400   
Advances to related party (5,046,800) (7,244,771)
Net cash (used in) provided by financing activities (1,312,271) 6,092,082
EFFECT OF EXCHANGE RATE CHANGES ON CASH (66,731) 187,368
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (2,760,718) 6,770,795
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 27,772,878 9,365,958
CASH AND CASH EQUIVALENTS AT END OF PERIOD 25,012,160 16,136,753
Cash paid during the period for:    
Interest 1,481,808 1,528,224
Income taxes $ 1,354,679 $ 1,199,771