XML 27 R4.htm IDEA: XBRL DOCUMENT v3.4.0.3
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
¥ in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2015
USD ($)
$ / shares
shares
Dec. 31, 2015
CNY (¥)
¥ / shares
shares
Dec. 31, 2014
CNY (¥)
¥ / shares
shares
Dec. 31, 2013
CNY (¥)
¥ / shares
shares
Net revenues        
Other revenues $ 36,477 ¥ 236,290 ¥ 147,343 ¥ 163,260
Total net revenues 910,379 5,897,249 3,678,368 1,823,468
Cost of revenues [1] (552,617) (3,579,744) (1,849,149) (881,999)
Gross profit 357,762 2,317,505 1,829,219 941,469
Operating expenses        
Research and development expenses [1] (84,720) (548,799) (431,188) (267,005)
Sales and marketing expenses [1] (48,299) (312,870) (102,527) (24,955)
General and administrative expenses [1] (55,339) (358,474) ¥ (223,019) ¥ (200,554)
Goodwill impairment (47,875) [1] (310,124) [1] [1]
Fair value change of contingent consideration [1] 45,150 292,471
Total operating expenses [1] (191,083) (1,237,796) ¥ (756,734) ¥ (492,514)
Other income 12,705 82,300 6,319 27,078
Operating income $ 179,384 ¥ 1,162,009 1,078,804 ¥ 476,033
Gain on disposal of an equity investment 999
Foreign currency exchange gains / (losses), net $ (5,881) ¥ (38,099) (10,399) ¥ 29,555
Interest expense (14,994) (97,125) (56,607)
Interest income 21,287 137,892 164,969 ¥ 60,221
Other non-operating income/ (expenses) (334) (2,165) 36,714
Income before income tax expenses 179,462 1,162,512 1,214,480 ¥ 565,809
Income tax expenses (27,529) (178,327) (154,283) (89,951)
Income before share of income in equity method investments, net of income taxes 151,933 984,185 1,060,197 475,858
Share of income in equity method investments, net of income taxes 2,180 14,120 4,275 1,869
Net income 154,113 998,305 ¥ 1,064,472 ¥ 477,727
Less: Net loss attributable to the non-controlling interest shareholders and the mezzanine classified non-controlling interest shareholders (5,393) (34,938)
Net income attributable to YY Inc. 159,506 1,033,243 ¥ 1,064,472 ¥ 477,727
Other comprehensive (loss) / income:        
Foreign currency translation adjustments, net of nil tax 681 4,414 3,638 (31,014)
Comprehensive income attributable to YY Inc. $ 160,187 ¥ 1,037,657 ¥ 1,068,110 ¥ 446,713
Net income per common share        
-Basic (in CNY/dollars per share) | (per share) [2] $ 0.14 ¥ 0.92 ¥ 0.92 ¥ 0.43
-Diluted (in CNY/dollars per share) | (per share) [2] $ 0.13 ¥ 0.90 ¥ 0.89 ¥ 0.40
Weighted average number of common shares used in calculating net income per common share        
-Basic (in shares) [2] 1,125,189,978 1,125,189,978 1,153,140,699 1,122,475,688
-Diluted (in shares) [2] 1,150,831,163 1,150,831,163 1,198,543,473 1,181,121,297
ADSs [Member]        
Net income per common share        
-Basic (in CNY/dollars per share) | (per share) [2] $ 2.84 ¥ 18.37 ¥ 18.46 ¥ 8.51
-Diluted (in CNY/dollars per share) | (per share) [2] $ 2.77 ¥ 17.96 ¥ 17.76 ¥ 8.09
Weighted average number of common shares used in calculating net income per common share        
-Basic (in shares) [2] 56,259,499 56,259,499 57,657,035 56,123,784
-Diluted (in shares) [2] 57,541,558 57,541,558 59,927,174 59,056,065
Online music and entertainment [Member]        
Net revenues        
Internet value-added service $ 512,528 ¥ 3,320,052 ¥ 2,109,503 ¥ 852,885
Online games [Member]        
Net revenues        
Internet value-added service 119,158 771,882 811,699 602,111
Online dating [Member]        
Net revenues        
Internet value-added service 100,500 651,019 194,134 661
Other IVAS [Member]        
Net revenues        
Internet value-added service $ 141,716 ¥ 918,006 ¥ 415,689 ¥ 204,551
[1] (1) Share-based compensation was allocated in cost of revenues and operating expenses as follows: For the year ended December 31, Note 2013 2014 2015 2015 RMB RMB RMB US$ (Note2(e)) Cost of revenues 9,860 18,037 23,963 3,699 Research and development expenses 39,587 54,141 70,951 10,953 Sales and marketing expenses 1,318 2,807 3,283 507 General and administrative expenses 66,331 59,647 87,175 13,458
[2] Each ADS represents 20 Class A common shares.