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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:    
Income including noncontrolling interest $ 3,101,553 $ 3,419,111
Adjustments to reconcile income including noncontrolling interest to net cash provided by (used in) operating activities:    
Changes in sales type leases receivables 0 (14,079,796)
Depreciation and amortization 9,565 11,305
Amortization of prepaid loan fees 20,840 20,307
Changes in deferred tax 348,282 751,402
Changes in assets and liabilities:    
Interest receivable on sales type lease (392,930) 850,419
Collection of principal on sales type leases 2,501,901 2,179,702
Prepaid expenses 45,231 (3,749)
Accounts receivable 58,721 26,074
Other receivables 222,711 (78,746)
Construction in progress (22,333,546) 1,655,880
Accounts payable (2,081,703) 4,268,535
Taxes payable 662,444 128,657
Interest payable (1,591) 975,447
Accrued liabilities and other payables 89,872 271,341
Accrued interest on convertible notes 0 179,183
Net cash provided by (used in) operating activities (17,748,650) 575,072
CASH FLOWS FROM INVESTING ACTIVITIES:    
Changes of restricted cash 1,552,795 1,692,761
Acquisition of property & equipment 0 (4,420)
Net cash provided by investing activities 1,552,795 1,688,341
CASH FLOWS FROM FINANCING ACTIVITIES:    
Notes receivable 653,808 (637,095)
Proceeds from loans 27,149,395 4,778,211
Repayment of loans (7,518,797) (6,848,770)
Long term payable (348,512) 0
Convertible note 0 (313,941)
Advance from related parties 4,916,108 482,283
Net cash provided by (used in) financing activities 24,852,002 (2,539,312)
EFFECT OF EXCHANGE RATE CHANGE ON CASH & EQUIVALENTS (119,720) 121,144
NET (DECREASE) INCREASE IN CASH & EQUIVALENTS 8,536,427 (154,755)
CASH & EQUIVALENTS, BEGINNING OF PERIOD 7,701,530 45,004,304
CASH & EQUIVALENTS, END OF PERIOD 16,237,957 44,849,549
Supplemental cash flow data:    
Income tax paid 500,315 481,732
Interest paid $ 3,540,294 $ 513,574