XML 36 R6.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statements of Cash Flows
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
USD ($)
Dec. 31, 2018
CNY (¥)
Dec. 31, 2017
CNY (¥)
Dec. 31, 2016
CNY (¥)
Cash flows from operating activities:        
Net loss $ (407,322) ¥ (2,800,550) ¥ (11,718) ¥ (3,413,724)
(Income)/loss from discontinued operation, net of income tax     (6,915) 1,365,432
Adjustments to reconcile net loss to net cash provided by operating activities:        
Depreciation and amortization 808,673 5,560,034 4,192,716 3,420,289
Share-based compensation 532,323 3,659,989 2,780,062 2,061,432
(Gains)/losses from disposal of property, equipment and software (1,624) (11,166) 11,591 18,478
Deferred income tax (1,520) (10,454) (221,010) (34,782)
Amortization of discounts and issuance costs of the unsecured senior notes 1,985 13,649 13,426 8,622
Impairment of goodwill and intangible assets 3,246 22,317    
Impairment of investments 86,268 593,138 139,823 542,946
Fair value change of long-term investments 220,054 1,512,979    
Gains from business and investment disposals (192,025) (1,320,266) (74,965) (1,232,853)
Share of results of equity investees 161,894 1,113,105 1,926,720 2,781,909
Foreign exchange (gains)/losses 27,997 192,491 (213,482) 143,125
Changes in operating assets and liabilities:        
Accounts receivable 623,519 4,287,004 (545,991) (8,703,383)
Inventories (340,638) (2,342,058) (12,788,337) (8,372,953)
Advance to suppliers (10,962) (75,370) (137,457) 341,817
Prepayments and other current assets (130,774) (899,139) (328,041) (472,714)
Amount due from related parties 257,426 1,769,930 2,456,933 (1,496,349)
Other non-current assets 6,544 44,990 (372,576) 178,815
Accounts payable 795,096 5,466,698 26,106,191 14,518,806
Advance from customers (108,480) (745,854) 2,138,964 4,365,280
Deferred revenues (87,770) (603,464) (374,042) (725,788)
Taxes payable 24,161 166,120 92,932 445,585
Accrued expenses and other current liabilities 750,257 5,158,390 4,624,014 3,710,000
Amount due to related parties 18,749 128,909 (66,370) 16,907
Net cash provided by continuing operating activities 3,037,077 20,881,422 29,342,468 9,466,897
Net cash used in discontinued operating activities     (2,485,741) (1,226,526)
Net cash provided by operating activities 3,037,077 20,881,422 26,856,727 8,240,371
Cash flows from investing activities:        
Purchase of short-term investments (366,228) (2,518,000) (9,288,743) (16,148,733)
Maturity of short-term investments 1,316,717 9,053,087 7,211,608 12,128,500
Purchases of investment securities (663,557) (4,562,283) (7,824,277) (50,000)
Cash received from disposal of investment securities 46,248 317,975   16,440
Prepayments and investments in equity investees (2,530,463) (17,398,204) (6,207,880) (7,146,498)
Cash received from disposal of equity investment 233,632 1,606,338 202,774 29,558
Cash paid for loan originations (5,298,846) (36,432,214) (24,379,691) (14,003,737)
Cash received from loan repayments 5,670,008 38,984,140 23,019,358 11,093,692
Purchase of property, equipment and software (1,417,126) (9,743,453) (3,294,286) (2,140,802)
Cash paid for construction in progress (1,070,313) (7,358,939) (3,267,277) (1,359,364)
Purchase of intangible assets (19,024) (130,797) (8,774) (50,438)
Purchase of land use rights (601,601) (4,136,305) (4,785,538) (678,328)
Cash paid for business combination, net of cash acquired (Note 8) (2,848) (19,578) (160,658) (615,849)
Loans (provided to)/settled by JD Digits 910,369 6,259,241 (6,187,891) 1,856,144
Proceeds from JD Digits reorganization (Note 6)     13,027,155  
Net cash used in continuing investing activities (3,793,032) (26,078,992) (21,944,120) (17,069,415)
Net cash used in discontinued investing activities     (17,871,171) (28,412,020)
Net cash used in investing activities (3,793,032) (26,078,992) (39,815,291) (45,481,435)
Cash flows from financing activities:        
Proceeds from issuance of ordinary shares 513,689 3,531,870    
Repurchase of ordinary shares (29,945) (205,886)   (5,338,274)
Purchase of capped call options       (2,007,100)
Proceeds from settlement of capped call options     737,501 1,463,218
Proceeds from issuance of ordinary shares pursuant to stock plans 7,062 48,555 135,745 82,396
Proceeds from issuance of convertible redeemable preferred shares of JD Logistics, net 2,321,110 15,958,792    
Capital injection from non-controlling interest shareholders 117,164 805,561 209,725 173,550
Proceeds from short-term borrowings 171,540 1,179,422 700,000 3,029,576
Repayment of short-term borrowings (174,533) (1,200,000) (2,356,888) (3,491,500)
Proceeds from long-term borrowings 420,417 2,890,575    
Proceeds from unsecured senior notes, net of discount and debt issuance costs       6,355,969
Proceeds from nonrecourse securitization debt     16,500,000 9,302,000
Repayment of nonrecourse securitization debt (1,739,538) (11,960,194) (10,889,371) (920,510)
Proceeds from other financing activities, net 24,905 171,233 143,653  
Net cash provided by continuing financing activities 1,631,871 11,219,928 5,180,365 8,649,325
Net cash provided by discontinued financing activities     14,054,620 32,050,146
Net cash provided by financing activities 1,631,871 11,219,928 19,234,985 40,699,471
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 244,515 1,681,163 (641,534) 726,462
Net increase in cash, cash equivalents, and restricted cash 1,120,431 7,703,521 5,634,887 4,184,869
Cash, cash equivalents, and restricted cash at beginning of year 4,334,017 29,798,537 24,163,650 19,978,781
Cash, cash equivalents, and restricted cash at end of year 5,454,448 37,502,058 29,798,537 24,163,650
Supplemental cash flow disclosures of continuing operations:        
Cash paid for income taxes (96,910) (666,305) (240,899) (110,498)
Cash paid for interest (61,237) (421,035) ¥ (577,306) (515,234)
Supplemental disclosures of non-cash investing and financing activities:        
Equity investments obtained through commitment of future services and contribution of certain business $ 26,359 ¥ 181,228   2,164,050
Transaction with Walmart        
Supplemental disclosures of non-cash investing and financing activities:        
Issuance of ordinary shares in connection with Walmart Transactions, net       ¥ 9,592,258