Sinocoking Coal And Coke Chemical Industries ... - PrecisionIR

SinoCoking News Release Page 6May 14, 2013SINOCOKING COAL AND COKE CHEMICAL INDUSTRIES, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED BALANCE SHEETS(UNAUDITED)(Cont.)CURRENT LIABILITIESLIABILITIES AND EQUITYMarch 31, June 30,2013 2012Short term loan - bank $ 15,302,400 $ 5,702,400Current maturity of long term loan 23,910,000 20,592,000Accounts payable, trade - 4,023Notes payable 9,564,000 4,752,000Other payables and accrued liabilities 1,241,572 802,028Other payables - related parties 167,787 156,227Acquisition payable 4,622,600 4,593,600Customer deposits 126,018 138,457Taxes payable 1,089,367 1,522,062Total current liabilities 56,023,744 38,262,797LONG TERM LIABILITIESLong term loan 28,692,000 36,432,000Warrants liability 651 716,648Total long term liabilities 28,692,651 37,148,648Total liabilities 84,716,395 75,411,445COMMITMENTS AND CONTINGENCIESEQUITYCommon stock, $0.001 par value, 100,000,000 sharesauthorized, 21,121,372 shares issued and outstanding 21,121 21,121Additional paid-in capital 3,592,053 3,592,053Statutory reserves 3,689,941 3,689,941Retained earnings 112,253,550 110,257,132Accumulated other comprehensive income 8,267,682 7,613,972Total SinoCoking Coal and Coke ChemicalsIndustries, Inc's equity 127,824,347 125,174,219NONCONTROLLING INTERESTS 4,331,600 4,331,600Total equity 132,155,947 129,505,819Total liabilities and equity $ 216,872,342 $ 204,917,264