UNR HOLDINGS INC

CIK:0001093800|SEC Filings

Accumulated Other Comprehensive Income (Loss)	9 Months Ended
Accumulated Other Comprehensive Income (Loss)	Sep. 30, 2012
Equity and Accumulated Other Comprehensive Income (Loss) [Abstract]
Accumulated Other Comprehensive Income (Loss)	Note 18: Accumulated Other Comprehensive Income (Loss) The accumulated other comprehensive loss as of September 30, 2012 and December 31, 2011 totaling $7,351,186 and $6,658,061, respectively, is in each case entirely attributable to the currency translation adjustments.

Statement of Cash Flows (Unaudited) (USD $)	9 Months Ended
Statement of Cash Flows (Unaudited) (USD $)	Sep. 30, 2012	Sep. 30, 2011
Cash flows from operating activities:
Net earnings	$ 34,349,243	$ 31,814,422
Adjustments to reconcile net earnings to net cash used in operating activities:
Depreciation	115,741	73,117
Gain on sale of property, plant and equipment	(53,578)
Deferred income taxes	7,886,962	4,056,178
Change in operating assets and liabilities	(83,073,707)	(9,940,932)
Net cash provided by operating activities	(40,775,339)	26,002,785
Cash flows from investing activities:
Purchase of property, plant and equipment	(422,840)	(866,700)
Proceeds from sale of equipment	263,332
Purchase of marketable securities	(37,920,942)	(9,711,735)
Proceeds from sale of marketable securities	49,166,199	10,000,000
Net cash used in investing activities	11,085,749	(578,435)
Cash flows from financing activities:
Proceeds from loans	14,832,467
Repayment of loans	(17,789,623)
Net cash used in financing activities	(2,957,156)
Effect of exchange rate changes on cash	(125,184)	(306,226)
Net increase (decrease) in cash	(32,771,930)	25,118,124
Cash - beginning of period	42,795,147	11,234,193
Cash - end of period	10,023,217	36,352,317
Changes in operating assets and liabilities consist of:
Decrease (increase) in accounts receivable	(13,599,674)	17,450,616
(Increase) decrease in inventories	(172,848,893)	(43,360,974)
(Increase) in other assets	(1,091,643)	(15,604,700)
Increase (decrease) in customer advances	7,488,190	30,005,812
Increase in accounts payable and other liabilities	96,978,313	1,568,314
Change in operating assets and liabilities	(83,073,707)	(9,940,932)
Cash paid during the period for
Interest	551,550
Income taxes	$ 59,853	$ 45,638

Consolidated Balance Sheet (Unaudited) (USD $)	Sep. 30, 2012	Dec. 31, 2011
RESIDENTIAL AND COMMERCIAL CONSTRUCTION ASSETS:
Cash and cash equivalents	$ 10,023,217	$ 42,795,147
Marketable securities	17,898,857	29,144,114
Inventories	637,982,386	465,525,786
Trade and other receivables, net	21,333,387	9,438,081
Property, plant and equipment, net	2,068,354	1,757,392
Other assets	2,508,758	1,417,115
Total Residential and Commercial Construction Assets	691,814,959	550,077,635
ROAD BASE MATERIALS ASSETS:
Inventories	113,806	430,171
Trade and other receivables, net	2,457,109	752,741
Total Road Base Material Assets	2,570,915	1,182,912
TOTAL ASSETS	694,385,874	551,260,547
RESIDENTIAL AND COMMERCIAL CONSTRUCTION LIABILITIES:
Short-term debt	3,305,281	6,262,437
Accounts payable and accrued expenses	441,179,935	351,080,551
Advances from customers	71,463,194	63,975,004
Deferred income tax liabilities	32,444,485	24,557,523
Total Residential and Commercial Construction Liabilities	548,392,895	445,875,515
ROAD BASE MATERIALS LIABILITIES:
Accounts payable and accrued expenses	15,194,397	7,898,548
Advances from customers
Total Road Base Materials Liabilities	15,194,397	7,898,548
Total Liabilities	563,587,292	453,774,063
Commitments and Contingencies
UNR Holdings, Inc. and Subsidiary Stockholders' Equity:
Common stock, $0.001 par value; authorized 500,000,000 shares; issued and outstanding 24,464,799 and 24,464,799 shares at September 30, 2012 and December 31, 2011, respectively	24,465	24,465
Additional paid-in capital	99,579	99,579
Retained earnings	95,563,643	71,636,550
Accumulated other comprehensive loss	(7,351,186)	(6,658,061)
Total UNR Holdings, Inc. and Subsidiary Stockholders' Equity	88,336,501	65,102,533
Noncontrolling interest	42,462,081	32,383,951
Total Equity	130,798,582	97,486,484
TOTAL LIABILITIES AND EQUITY	$ 694,385,874	$ 551,260,547