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LDK » Topics » Cost of Goods Sold

This excerpt taken from the LDK 6-K filed Jul 13, 2009.
Cost of Goods Sold
 
Our cost of goods sold consists primarily of:
 
  •  polysilicon feedstock, including solar-grade virgin polysilicon, polysilicon ingots, polysilicon powder, scraps, recyclable polysilicon and various feedstock for polysilicon production (with the costs determined using the weighted average method);
 
  •  consumables, including slurry, crucibles, sawing wires and packaging materials;


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Table of Contents

 
  •  depreciation and amortization of property, plant, equipment and technical know-how;
 
  •  factory overhead, including utilities, net of government subsidies, maintenance of production equipment and other support expenses associated with the manufacturing of our solar wafers and ingots;
 
  •  direct labor, including salaries and benefits of personnel directly involved in manufacturing activities;
 
  •  stock-based compensation attributable to our manufacturing personnel; and
 
  •  provisions for inventory write-downs due to product defects or decline in market prices for our inventories.
 
Our total cost of goods sold will increase as we increase our production volume. Depreciation and amortization of property, plant, equipment will also constitute a significant part of our cost of goods sold, especially under the current global economic slowdown with significantly lower prices for polysilicon feedstock and an increased pricing pressure for PV products. We do not record polysilicon costs for our wafer processing services.
 
This excerpt taken from the LDK 20-F filed May 22, 2009.
Cost of Goods Sold
 
Our cost of goods sold consists primarily of:
 
  •  polysilicon feedstock, including solar-grade virgin polysilicon, polysilicon ingots, polysilicon powder, scraps, recyclable polysilicon and various feedstock for polysilicon production (with the costs determined using the weighted average method);
 
  •  consumables, including slurry, crucibles, sawing wires and packaging materials;


62

Table of Contents

 
  •  depreciation and amortization of property, plant, equipment and technical know-how;
 
  •  factory overhead, including utilities, net of government subsidies, maintenance of production equipment and other support expenses associated with the manufacturing of our solar wafers and ingots;
 
  •  direct labor, including salaries and benefits of personnel directly involved in manufacturing activities;
 
  •  stock-based compensation attributable to our manufacturing personnel; and
 
  •  provisions for inventory write-downs due to product defects or decline in market prices for our inventories.
 
Our total cost of goods sold will increase as we increase our production volume. Depreciation and amortization of property, plant, equipment will also constitute a significant part of our cost of goods sold, especially under the current global economic slowdown with significantly lower prices for polysilicon feedstock and an increased pricing pressure for PV products. We do not record polysilicon costs for our wafer processing services.
 
This excerpt taken from the LDK 6-K filed May 22, 2008.
Cost of Goods Sold
 
Our cost of goods sold consists primarily of:
 
  •  polysilicon feedstock, including solar-grade virgin polysilicon, polysilicon ingots, polysilicon powder, scraps and recyclable polysilicon (the costs are determined using the weighted average method);
 
  •  consumables, including slurry, crucibles, sawing wires and packaging materials;
 
  •  depreciation and amortization of property, plant, equipment and technical know-how;
 
  •  factory overhead, including utilities, net of government subsidies, maintenance of production equipment and other support expenses associated with the manufacturing of our solar wafers and ingots;
 
  •  direct labor, including salaries and benefits of personnel directly involved in manufacturing activities;
 
  •  stock-based compensation attributable to our manufacturing personnel; and
 
  •  provision for finished products with defects.
 
Our total cost of goods sold will increase as we increase our production volume. We do not record polysilicon costs for our wafer processing services.
 
This excerpt taken from the LDK 6-K filed May 2, 2008.
Cost of Goods Sold
 
Our cost of goods sold consists primarily of:
 
  •  polysilicon feedstock, including solar-grade virgin polysilicon, polysilicon ingots, polysilicon powder, scraps and recyclable polysilicon (the costs are determined using the weighted average method);
 
  •  consumables, including slurry, crucibles, sawing wires and packaging materials;
 
  •  depreciation and amortization of property, plant, equipment and technical know-how;
 
  •  factory overhead, including utilities, net of government subsidies, maintenance of production equipment and other support expenses associated with the manufacturing of our solar wafers and ingots;
 
  •  direct labor, including salaries and benefits of personnel directly involved in manufacturing activities;
 
  •  stock-based compensation attributable to our manufacturing personnel; and
 
  •  provision for finished products with defects.
 
Our total cost of goods sold will increase as we increase our production volume. We do not record polysilicon costs for our wafer processing services.
 
This excerpt taken from the LDK 20-F filed Apr 7, 2008.
Cost of Goods Sold
 
Our cost of goods sold consists primarily of:
 
  •  polysilicon feedstock, including solar-grade virgin polysilicon, polysilicon ingots, polysilicon powder, scraps and recyclable polysilicon (the costs are determined using the weighted average method);
 
  •  consumables, including slurry, crucibles, sawing wires and packaging materials;
 
  •  depreciation and amortization of property, plant, equipment and technical know-how;
 
  •  factory overhead, including utilities, net of government subsidies, maintenance of production equipment and other support expenses associated with the manufacturing of our solar wafers and ingots;
 
  •  direct labor, including salaries and benefits of personnel directly involved in manufacturing activities;
 
  •  stock-based compensation attributable to our manufacturing personnel; and
 
  •  provision for finished products with defects.
 
Our total cost of goods sold will increase as we increase our production volume. We do not record polysilicon costs for our wafer processing services.
 

EXCERPTS ON THIS PAGE:

6-K
Jul 13, 2009
20-F
May 22, 2009
6-K
May 22, 2008
6-K
May 2, 2008
20-F
Apr 7, 2008

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