Rebornne (USA), Inc.

CIK:0001268238|SEC Filings

Consolidated Statements of Income (USD $)	3 Months Ended		9 Months Ended
Consolidated Statements of Income (USD $)	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2011	Dec. 31, 2010
Revenue
Sales	$ 1,200,192	$ 938,901	$ 3,574,461	$ 3,666,365
Cost of Goods Sold	671,389	168,400	1,905,687	1,520,002
Gross Profit	528,803	770,501	1,668,774	2,146,363
Operating Expenses
Selling Expenses	22,777	209,043	250,392	530,283
General & Administrative Expenses	364,722	480,751	2,354,691	1,372,748
Total Operating Expenses	387,499	689,794	2,605,083	1,903,031
Operating Income	141,304	80,707	(936,309)	243,332
Other Income (Expenses)
Other Income	258	308	1,589	321
Other Expenses	(2,578)	0	(2,549)	(3,547)
Interest Income	6,020	0	34	105
Interest Expense	(17,049)	(2,064)	(49,405)	(3,447)
Total Other Income (Expenses)	(13,349)	(1,756)	(50,331)	(6,568)
Earnings (Loss) before Tax	127,955	78,951	(986,640)	236,764
Income Tax	(63,989)	(38,469)	(117,973)	(38,469)
Net Income	$ 63,966	$ 40,482	$ (1,104,613)	$ 198,295
Earnings per share
- Basic	$ 0	$ 0	$ (0.02)	$ 0
- Diluted	$ 0	$ 0	$ (0.02)	$ 0
Weighted average shares outstanding
- Basic	60,191,928	52,546,997	58,077,312	52,546,997
- Diluted	60,191,928	52,546,997	58,077,312	52,546,997

Consolidated Statements of Cash Flows (USD $)	3 Months Ended		9 Months Ended
Consolidated Statements of Cash Flows (USD $)	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2011	Dec. 31, 2010
Cash flows from operating activities
Net Income/(Loss)	$ 63,966	$ 40,482	$ (1,104,613)	$ 198,295
Depreciation	90,809	78,294	285,623	214,645
Loss on Disposal of Property, Plant and Equipment	0	0	0	3,271
Finance charges on obligations under financial leases	1,543	0	7,863	0
Stock compensation	0	0	1,143,582	0
Decrease/(Increase) in Accounts Receivable	(241,187)	(55,099)	(740,255)	(78,904)
Decrease/(Increase) in Other Receivable	8,361	(11,071)	(53,128)	(43,917)
Decrease/(Increase) in inventory	386,785	364,994	625,426	(710,678)
Decrease/(Increase) in Advance to Suppliers	(50,412)	(878,113)	(127,231)	(899,155)
Decrease/(Increase) in Related Party Receivable	(60,055)	41,636	(70,447)	(398,842)
Decrease/(Increase) in Prepaid Expenses	2,396	0	1,401	0
Increase/(Decrease) in Note Payable	(177,581)	0	(4,580)	0
Increase/(Decrease) in Accounts Payable	46,718	(592,277)	(13,444)	207,214
Increase/(Decrease) in Taxes Payable	216,247	196,483	603,838	414,077
Increase/(Decrease) in other payable	162,377	32,682	200,391	514,359
Increase/(Decrease) in related party payable	(142,932)	(82,761)	(165,528)	(299,350)
Increase/(Decrease) in Customer Deposits	(290,548)	96,883	(882,112)	571,222
Cash Sourced/(Used) in Operating Activities	16,487	(767,867)	(293,214)	(307,763)
Cash Flows from Investing Activities
Purchase of Property, Plant, and Equipment	0	(35,391)	0	(89,478)
Proceeds from Disposal of Property, Plant and Equipment	0	0	0	3,100
Disposal (Purchase) of Other Assets	(1,100)	0	(1,100)	(5,334)
Cash Used/(Sourced) in Investing Activities	(1,100)	(35,391)	(1,100)	(91,712)
Cash Flows from Financing Activities
Issuance of Common Stock	0	520,000	241,510	520,000
Payment of Long-term Debt	186,133	(11,256)	173,226	(13,443)
Principal repayments of obligation under finance lease	0	0	0	0
Cash Sourced/(Used) in Financing Activities	186,133	508,744	414,736	506,557
Net Increase/(Decrease) in Cash & Cash Equivalents for the Period	201,520	(294,514)	120,422	107,082
Effect of Other Comprehensive Income	6,227	30,874	(21,067)	94,052
Cash & Cash Equivalents at Beginning of Period	483,694	850,219	592,086	385,445
Cash & Cash Equivalents at End of Period	691,441	586,579	691,441	586,579
Non-cash Investing Activity
Purchase of Intangible Asset by Way of Issue Share	0	0	574,200	0
Purchase of Motor Vehicle by Way of Long-term Debt	$ 0	$ 0	$ 0	$ 66,628