v2.4.0.6
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities    
Net (loss) income including non-controlling interests $ (10,487) $ 8,304
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation of property, plant and equipment 838 304
Impairment loss on plant and machinery and leasehold improvement 0 1,827
Net compensation gain on disposal of land use rights and buildings 0 (12,963)
Amortization of long-term land lease prepayments 26 22
Reversal of provision for inventories 0 (188)
Exchange differences 0 (60)
Provision for warranty costs 3,524 139
Government grant recognized (13) (12)
Deferred taxes 0 (484)
Changes in assets and liabilities:    
Other financial assets (6,210) (1,349)
Trade receivables, net (2,850) 4,910
Other receivables 1,189 868
Prepayment 1,749 (587)
Due from a related party (1,372) 3
Inventories 1,453 3,541
Trade payables (711) 2,108
Notes payable (10,000) (5,846)
Accrued expenses and other accrued liabilities 3,833 1,167
Due to related parties 1,125 (1,233)
Income taxes payable 0 26
Net cash (used in) provided by operating activities (17,906) 497
Cash flows from investing activities    
Purchase of property, plant and equipment and construction in progress (4,905) (4,973)
Addition of long-term land lease prepayments 0 (733)
Compensation received for loss on disposal of plant and machinery and leasehold improvement 476 2,747
Investment in restricted bank balances, net 13,339 (5,972)
Deposit paid for acquisition of land and property, plant and equipment 2,593 0
Refund of deposit paid for land auctions 18,849 0
Acquisition of assets classified as held for sale (32,206) 0
Net cash used in investing activities (1,854) (8,931)
Cash flows from financing activities    
Proceeds from short-term bank loans 31,933 12,378
Repayment of short-term bank loans (12,203) (8,201)
Proceeds from bills financing 55,472 31,549
Repayment of bills financing (55,315) (29,785)
Due to a related party (154) 0
Capital contributed by non-controlling interests 0 216
Net cash provided by financing activities 19,733 6,157
Net decrease in cash and cash equivalents (27) (2,277)
Cash and cash equivalents, beginning of period 13,804 7,630
Effect on exchange rate changes 0 101
Cash and cash equivalents, end of period 13,777 5,454
Supplemental disclosure of cash flow information    
Interest received 585 303
Interest paid $ 4,031 $ 1,282