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CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2012
Dec. 31, 2011
ASSETS    
Cash and cash equivalents $ 3,505,330 $ 3,694,486
Accounts receivable-less allowance for doubtful accounts of $865,769 and $859,509 11,960,193 12,159,842
Contract Deposits 3,027,616 2,110,942
Other receivables, net 556,635 411,194
Advances to Suppliers 4,470,756 4,348,847
Prepayment and other current assets 4,069,975 2,365,154
Inventories, net 4,654,827 5,532,311
Tax receivable 328,208 888,452
Deferred tax asset 119,437 118,030
Total Current Assets 32,692,977 31,629,258
Property and equipment, net 2,895,523 3,348,533
Intangible assets, net 2,694,439 0
Total Assets 38,282,939 34,977,791
LIABILITIES AND EQUITY    
Short-term borrowings 2,407,200 1,585,890
Accounts payable 37,640 32,925
Advances from customers 248,940 303,000
Accrued expenses and other current liabilities 406,452 349,158
Taxes payable 401,574 2,042,048
Warranty obligation 338,671 334,680
Total Current Liabilities 3,840,477 4,647,701
OTHER LIABILITIES    
Warrants liability 374,166 96,469
Total Liabilities 4,214,643 4,744,170
Commitments and Contingency      
Equity    
Common shares, $0.002731 par value, 18,307,038 shares authorized, 4,620,000 and 4,560,000 shares issued and outstanding at December 31, 2012 and 2011, respectively 12,618 12,454
Additional paid in capital 13,500,847 13,281,374
Retained earnings 16,147,723 12,941,572
Accumulated other comprehensive income 2,967,202 2,585,488
Total Dehaier Medical Systems Limited shareholders' equity 32,628,390 28,820,888
Non-controlling interest 1,439,906 1,412,733
Total equity 34,068,296 30,233,621
Total liabilities and equity $ 38,282,939 $ 34,977,791