Gross Profit (Loss
Gross loss for the three months ended June 30, 2009 was ($8,086,374) compared with ($1,300,623) in the same period of 2008. A significant portion of the gross loss of the PV Cell Division of ($7,209,222) for the three months ended June 30, 2009 is comprised of a $6,253,714 write-down of raw material and finished goods inventory. The $6,253,714 inventory write-down is recorded as a valuation write-down of inventory related assets on the consolidated statements of loss and comprehensive loss. The inventory write-down reduced certain inventory to its net realizable value which was necessitated by the continued global decline in the pricing of PV cells and silicon. The gross loss of the PV Cell Division of ($18,399,012) for the six months ended June 30, 2009 is largely due to a $9,106,016 write-down of raw material and finished goods inventory, a $6,011,990 write-down of prepayments made for silicon wafer purchases and scrap costs. Combined, the write-downs of inventory and prepayments recorded during the six month ended June 30, 2009 total $15,118,006 and are recorded as a valuation write-down of inventory related assets on the consolidated statements of loss and comprehensive loss.
As at December 31 2008 2007 Raw materials $ 8,289,025 $ 758,001 Work in process $ 77,954 $ 97,587 Finished goods $ 4,977,948 $ 0
TOTAL §$ 13,344,927 $ 855,588
Zitat: "Na zum Glück hat Arise ja keine hohen Lagerbestände"
Ist doch toll was palim ? |