PROPERTY, PLANT AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2011

6. PROPERTY, PLANT AND EQUIPMENT, NET

Property, plant and equipment, net consist of the following:

	At December 31, 2010			At December 31, 2011

	$			$
Buildings		67,962,404			150,147,460
Leasehold improvements		3,293,248			2,742,305
Machinery		213,220,584			413,079,111
Furniture, fixtures and equipment		14,086,113			26,397,638
Motor vehicles		2,252,790			2,908,260

		300,815,139			595,274,774
Less: Accumulated depreciation		(64,257,989	)		(122,078,346	)

		236,557,150			473,196,428
Construction in process		93,902,828			36,873,008

Property, plant and equipment, net		330,459,978			510,069,436

Depreciation expense of property, plant and equipment was $20,390,862, $30,946,035 and $55,104,656 for the years ended December 31, 2009, 2010 and 2011, respectively. Construction in process represents production facilities under construction.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details