Taomee Holdings Limited - Unaudited Consolidated Balance Sheets

 In USD

 In USD

June 30

March 31

2015

2015

ASSETS

Current assets:

Cash and cash equivalents

$            70,488,576

$           71,972,847

Accounts receivable, net

3,123,668

3,357,556

Inventory

541,530

466,370

Prepaid Income tax

512,773

849,250

Due from related parties

336,777

2,615,264

    Prepayments and other current assets

7,264,738

5,939,838

    Deferred tax assets, current

5,878,004

5,850,634

Total current assets

88,146,066

91,051,759

Investment in equity investees

16,850,025

17,329,674

Property and equipment, net

1,719,120

1,801,737

Prepayments for land use rights and building

4,965,977

4,942,854

Acquired intangible assets

991,164

1,047,919

Other assets

2,075,533

1,578,786

Total assets

$             114,747,885

$         117,752,729

LIABILITIES AND  EQUITY

Current liabilities:

    Accounts payable

$                 1,182,460

$             1,185,774

    Advance from customers

7,087,820

8,495,028

    Due to related parties

315,798

366,845

    Deferred revenue

12,382,149

12,616,242

    Deferred tax liabilities, current

699,417

696,160

    Accrued expenses and other current liabilities

4,205,309

4,274,235

Total current liabilities

25,872,953

27,634,284

Equity

Taomee Holdings Limited shareholders' equity

Ordinary shares ($0.00002 par value;
875,000,000 shares authorized; 752,275,006
and 751,820,760 shares issued; 706,168,586
and 706,823,860 outstanding as of June 30,
2015 and March 31, 2015, respectively)

15,045

15,036

    Treasury stock (at cost)

(12,075,318)

(11,900,702)

    Additional paid-in capital

77,019,974

76,692,897

    Retained earnings

19,498,088

21,108,150

    Accumulated other comprehensive income

4,241,010

3,921,578

Taomee Holdings Limited shareholders' equity

88,698,799

89,836,959

Noncontrolling interests

176,133

281,486

Total equity

$             88,874,932

$            90,118,445

TOTAL LIABILITIES AND EQUITY

$           114,747,885

$          117,752,729