CHINA PHARMA HOLDINGS, INC. - 10-K filing on 2017-03-31

INTANGIBLE ASSETS (TABLES)

12 Months Ended

Dec. 31, 2016

Intangible Assets (Tables)

Intangible Assets Medical Formulas

Intangible assets consisted solely of CFDA approved medical formulas as follows:

		December 31,				December 31,
		2016				2015
Gross carrying amount		$	4,861,766			$	5,201,079
Accumulated amortization			(4,327,084	)			(4,360,004	)
Net carrying amount		$	534,682			$	841,075

Intangible Assets estimated aggregate annual amortization expense for each of the next five years and thereafter

The estimated aggregate annual amortization expense for each of the next five years and thereafter is as follows:

Year		Amount
2017		160,947
2018		109,872
2019		57,290
2020		35,412
2021		35,412
Thereafter		135,749
Total		$ 534,682