Xinyuan Real Estate Balance Sheet

Quarterly: December 2011 - September 2009 Previous Quarters
Annual

Assets	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12	2009-09
Cash & Short Term Investments	487.60M	525.05M	406.85M	348.59M	295.63M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Receivables	35.74M	22.43M	13.57M	5.56M	9.97M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Inventory						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Prepaid Expenses						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Current Assets						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Current Assets	523.34M	547.48M	420.42M	354.15M	305.60M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Gross Property, Plant & Equipment						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accumulated Depreciation						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Net Property, Plant & Equipment						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Long Term Investments						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Goodwill & Intangibles	0.00				0.00	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Long Term Assets	883.07M	751.13M	809.14M	789.69M	796.43M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Assets	883.77M	751.82M	810.32M	791.16M	798.35M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Assets	1.392B	1.299B	1.231B	1.145B	1.104B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Liabilities	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12	2009-09
Current Portion of Long Term Debt	0.31M	0.29M	0.29M	1.89M	0.33M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accounts Payable	236.51M	175.92M	170.70M	131.54M	150.67M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accrued Expenses	24.91M	3.06M	2.31M	1.61M	4.53M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Deferred Revenues						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Current Liabilities						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Current Liabilities	433.76M	358.63M	355.02M	343.62M	342.16M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Debt	113.19M	82.83M	135.98M	113.04M	108.90M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Shareholder's Equity	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12	2009-09
Deferred Income Tax	73.58M	38.05M	36.81M	61.86M	40.89M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest	0.00				0.00	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Long Term Liabilities	135.89M	215.24M	136.84M	91.82M	93.83M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Liabilities	322.66M	336.12M	309.63M	266.72M	243.62M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Liabilities	756.46M	694.78M	664.68M	610.36M	585.80M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Common Shares Outstanding						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Preferred Stock	0.00				0.00	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Common Stock, Net	0.01M	0.01M	0.01M	0.01M	0.01M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Additional Paid-in Capital	509.71M	509.48M	509.00M	508.48M	507.97M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Retained Earnings	99.27M	71.89M	29.73M	-1.48M	-69.19M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Treasury Stock	7.95M	5.41M	1.26M		0.00	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Shareholder's Equity	34.69M	28.54M	28.59M	27.94M	79.37M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Shareholder's Equity	635.73M	604.52M	566.09M	534.96M	518.16M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Liabilities & Shareholder's Equity	1.392B	1.299B	1.231B	1.145B	1.104B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro