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EXCEL - IDEA: XBRL DOCUMENT - SGB International Holdings Inc.Financial_Report.xls
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EX-31.1 - CERTIFICATION OF THE CEO - SGB International Holdings Inc.exhibit31-1.htm
EX-32.1 - CERTIFICATION OF THE CEO - SGB International Holdings Inc.exhibit32-1.htm
EX-31.2 - CERTIFICATION OF THE CFO - SGB International Holdings Inc.exhibit31-2.htm
10-K - ANNUAL REPORT - SGB International Holdings Inc.form10k.htm
EX-32.2 - CERTIFICATION OF THE CFO - SGB International Holdings Inc.exhibit32-2.htm
v2.4.0.6
Consolidated Balance Sheets (USD $)
Dec. 31, 2011
Dec. 31, 2010
Current Assets    
Cash and cash equivalents $ 614,445 $ 526,564
Receivables 97,931 81,806
Prepaid expenses and deposits 28,670 2,065,542
Total Current Assets 741,046 2,673,912
Non-current Assets    
Prepaid expenses and deposits 507,863 150,996
Property, equipment and mine development costs 20,735,551 16,605,741
Intangible assets 354,166 358,742
Total Non-current Assets 21,597,580 17,115,479
Total Assets 22,338,626 19,789,391
Current Liabilities    
Account payable and accrued liabilities 1,410,772 1,767,974
Asset retirement obligation 171,404 81,538
Amounts due to a related party 3,019,409 3,643,529
Term loan - current 49,020 0
Total Current Liabilities 4,650,605 5,493,041
Non-current Liabilities:    
Asset retirement obligation 186,268 227,819
Term loan 9,794 7,851,783
Total Non-current Liabilities 196,062 8,079,602
Total Liabilities 4,846,667 13,572,643
Stockholders' Equity    
Common stocks 1,412,396 123,913
Stocks to be issued 7,726,148 0
Contributed surplus 100,000 0
Reserve 429,769 71,725
Retained earnings 7,208,617 5,872,186
Accumulated other comprehensive income 615,029 148,924
Total Stockholders' Equity 17,491,959 6,216,748
Total Liabilities and Stockholders' Equity $ 22,338,626 $ 19,789,391