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10-Q - YASHENG GROUP 10-Q - Yasheng Groupyasheng_10q-15346.htm
EX-31.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECURITIES EXCHANGE ACT OF 1934 RULE 13A-14(A) OR 15D-14(A) - Yasheng Groupexhibit_31-1.htm
EX-32.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO 18 U.S.C. 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 - Yasheng Groupexhibit_32-2.htm
EX-31.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECURITIES EXCHANGE ACT OF 1934 RULE 13A-14(A) OR 15D-14(A) - Yasheng Groupexhibit_31-2.htm
EXCEL - IDEA: XBRL DOCUMENT - Yasheng GroupFinancial_Report.xls
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EX-99.1 - SUMMARY OF YASHENG LABOR CONTRACT - Yasheng Groupexhibit_99-1.htm
EX-32.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO 18 U.S.C. 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 - Yasheng Groupexhibit_32-1.htm
v2.4.0.6
2. Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2012
Notes to Financial Statements  
Estimated useful lives

Property and equipment are depreciated over their estimated useful lives as follows:

 

Buildings and improvements  20 - 40 years

 

Farming facilities  10 years

 

Machinery and equipment  7 years

 

Transportation and other facilities  3 - 15 years

 

Long-term assets

 

    09/30/2012     12/31/2011  
             
Buildings and improvements   $ 99,195,352     $ 97,190,568  
Farming facilities     90,524,800       88,529,584  
Machinery and equipment     11,520,796       11,241,317  
Transportation     287,789,435       281,784,651  
Windbreak and Sand-break Trees     363,588,349       355,598,387  
Total     852,619,203       834,344,508  
Less: Accumulated Depreciation and amortization     82,769,745       72,529,158  
Net   $ 769,849,458     $ 762,293,032