Other Receivables

3 Months Ended

Mar. 31, 2015

NOTE 3 – OTHER RECEIVABLES

Other receivables consisted of the following:

	March 31, 2015 (Unaudited)		December 31, 2014
Deposits	$	4,564,468	$	4,875,360
Purchase deposits		13,045		13,933
Input value added tax receivables		3,707,303		3,959,813
Rebates receivables		4,115,207		4,395,500
Loans to customers		8,192,018		7,910,445
Others		206,495		220,560

Total other receivables	$	20,798,536	$	21,375,611

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

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