XML 24 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED BALANCE SHEETS (USD $)
Sep. 30, 2012
Dec. 31, 2011
CURRENT ASSETS    
Cash and cash equivalents $ 80,869,190 $ 61,154,007
Restricted cash 31,541 316,396
Accounts receivables, net of allowance of $46,234 and $46,529 as of September 30, 2012 and December 31, 2011, respectively 29,245,668 35,999,858
Other receivables 304,310 192,032
Inventories 6,382,796 6,126,376
Deferred tax assets 31,647 174,285
Advances to suppliers and other current assets 114,080 66,528
TOTAL CURRENT ASSETS 116,979,232 104,029,482
PROPERTY, PLANT AND EQUIPMENT, NET 49,781,361 44,277,228
LAND USE RIGHT, NET 7,695,834 6,673,496
OTHER ASSETS 347,494 5,323,162
TOTAL ASSETS 174,803,921 160,303,368
CURRENT LIABILITIES    
Accounts payable 6,788,625 2,972,916
Accrued expenses 2,000,465 4,701,054
Income tax payable 1,728,077 1,910,779
Advances from customers    178,857
Short-term bank loans 11,559,691 6,425,713
Short-term notes payable    284,654
TOTAL CURRENT LIABILITIES 22,076,858 16,473,973
SkyPeople Fruit Juice, Inc, Stockholders' equity    
Series B Preferred stock, $0.001 par value; 10,000,000 shares authorized; 230,147 shares and 1,456,647 shares issued and outstanding as of September 30, 2012 and December 31,2011, respectively 230 1,457
Common stock, $0.001 par value; 66,666,666 shares authorized; 26,508,068 shares and 25,690,402 shares issued and outstanding as of September 30, 2012 and December 31, 2011, repectively 26,508 25,690
Additional paid-in capital 59,189,783 59,189,374
Retained earnings 73,975,364 64,623,453
Accumulated other comprehensive income 13,216,615 14,086,620
Total SkyPeople Fruit Juice, Inc. stockholders' equity 146,408,500 137,926,594
Non-controlling interests 6,318,563 5,902,801
TOTAL EQUITY 152,727,063 143,829,395
TOTAL LIABILITIES AND EQUITY $ 174,803,921 $ 160,303,368