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Condensed Consolidated Balance Sheets
In Thousands
Jun. 30, 2011
USD ($)
Jun. 30, 2011
CNY
Dec. 31, 2010
CNY
Current assets:   
Cash$ 84,587 546,725 699,650
Pledged bank deposits59,451384,260332,050
Accounts receivable, net120,786780,702681,911
Bills receivable6,04639,08031,001
Inventories61,836399,678250,573
Income taxes receivable1681,0852,478
Prepaid expenses and other receivables4,64430,02349,338
Total current assets337,5182,181,5532,047,001
Property and equipment, net2,46215,91214,613
Goodwill and intangible assets, less accumulated amortization, RMB139,551 thousand (USD21,591 thousand) in 2011 and RMB122,637 thousand in 201062,197402,010258,935
Other assets4602,9701,468
Total Assets402,6372,602,4452,322,017
Current liabilities:   
Accounts payable23,260150,34363,283
Bank borrowings87,883568,034505,888
Income taxes payable1,63310,55616,153
Accrued expenses and other liabilities11,90476,93715,581
Total current liabilities124,680805,870600,905
Deferred tax liabilities4,20727,19513,777
Total liabilities128,887833,065614,682
Equity   
Common stock: Par value: USD0.01 Authorized: 200,000,000 Shares Issued: 41,309,285 shares in 2011 41,181,529 shares in 2010 Outstanding: 35,110,950 shares in 2011 35,848,764 shares in 20105173,3403,332
Additional paid in capital209,3421,353,0841,315,806
Retained earnings119,262770,850716,839
Accumulated other comprehensive loss(18,707)(120,913)(117,479)
Stockholders' Equity subtotal before Treasury Stock, Total310,4142,006,3611,918,498
Less cost of common stock in treasury, 6,198,335 shares in 2011 and 5,332,765 shares in 2010.(39,910)(257,961)(226,495)
Total Cogo Group, Inc. equity270,5041,748,4001,692,003
Noncontrolling interests3,24620,98015,332
Total equity273,7501,769,3801,707,335
Total liabilities and equity$ 402,637 2,602,445 2,322,017