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Parent Company Only Condensed Financial Information | 12 Months Ended
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Dec. 31, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Parent Company Only Condensed Financial Information |
32. | PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION
| Condensed | balance sheets
|  | Note |  |  | As of December 31, |
|  |  |  |  | 2016 |  |  | 2017 |
|  |  |  |  | RMB |  |  | RMB |  |  | US$ |
ASSETS |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  |  |  |  |  |  | 596,871 |  |  |  | 845,632 |  |  |  | 129,971 |
Restricted cash |  |  |  |  |  |  | 1,759,726 |  |  |  | 71,412 |  |  |  | 10,976 |
Short-term investments |  |  |  |  |  |  | 277,946 |  |  |  | 548,873 |  |  |  | 84,360 |
Prepaid expenses and other current assets |  |  |  |  |  |  | 103,271 |  |  |  | 131,834 |  |  |  | 20,263 |
Amount due from a related party |  |  | (b | ) |  |  | 97,748 |  |  |  | 26,137 |  |  |  | 4,017 |
Amount due from subsidiaries |  |  | (b | ) |  |  | 3,208,620 |  |  |  | 4,285,743 |  |  |  | 658,707 |
Total current assets |  |  |  |  |  |  | 6,044,182 |  |  |  | 5,909,631 |  |  |  | 908,294 |
Non-current assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Investments in subsidiaries |  |  |  |  |  |  | 2,133,242 |  |  |  | 1,259,455 |  |  |  | 193,575 |
Total non-current assets |  |  |  |  |  |  | 2,133,242 |  |  |  | 1,259,455 |  |  |  | 193,575 |
Total assets |  |  |  |  |  |  | 8,177,424 |  |  |  | 7,169,086 |  |  |  | 1,101,869 |
LIABILITIES AND SHAREHOLDERS’ EQUITY |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Accrued expenses and other payables |  |  |  |  |  |  | 38,599 |  |  |  | 70,504 |  |  |  | 10,837 |
Short-term bank borrowings |  |  |  |  |  |  | 1,500,000 |  |  |  | — |  |  |  | — |
Account payables |  |  |  |  |  |  | 10,672 |  |  |  | 6,351 |  |  |  | 976 |
Interest payable |  |  |  |  |  |  | 5,759 |  |  |  | 56,809 |  |  |  | 8,731 |
Amount due to related parties |  |  | (b | ) |  |  | 68,131 |  |  |  | 39,068 |  |  |  | 6,005 |
Amount due to subsidiaries |  |  | (b | ) |  |  | 9,732 |  |  |  | 17,613 |  |  |  | 2,707 |
Bonds payable |  |  | (d | ) |  |  | 419,316 |  |  |  | 11,139 |  |  |  | 1,712 |
Total current liabilities |  |  |  |  |  |  | 2,052,209 |  |  |  | 201,484 |  |  |  | 30,968 |
Non-current liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Bonds payable |  |  | (d | ) |  |  | — |  |  |  | 1,918,069 |  |  |  | 294,802 |
Total non-current liabilities |  |  |  |  |  |  | — |  |  |  | 1,918,069 |  |  |  | 294,802 |
Total liabilities |  |  |  |  |  |  | 2,052,209 |  |  |  | 2,119,553 |  |  |  | 325,770 |
Shareholders’ equity: |  |  |  |  |  |  |  |  |
Class A Ordinary shares (par value of US$0.00001 per share; 1,200,000,000 and 1,200,000,000 shares authorized; 505,207,968 and 496,636,128 shares issued and outstanding as of December 31, 2016 and 2017, respectively) |  |  |  | 33 |  |  |  | 34 |  |  |  | 5 |
Class B Ordinary shares (par value of US$0.00001 per share; 300,000,000 and 300,000,000 shares authorized; 174,649,638 and 174,649,638 shares issued and outstanding as of December 31, 2016 and 2017, respectively) |  |  |  | 12 |  |  |  | 12 |  |  |  | 2 |
Additional paid-in capital |  |  |  | 9,015,846 |  |  |  | 8,980,407 |  |  |  | 1,380,263 |
Accumulated other comprehensive income (loss) |  |  |  | 118,290 |  |  |  | (2,673 | ) |  |  | (411 | )
Accumulated deficit |  |  |  | (2,804,409 | ) |  |  | (3,590,564 | ) |  |  | (551,859 | )
Treasury stock |  |  |  | (204,557 | ) |  |  | (337,683 | ) |  |  | (51,901 | )
Total shareholders’ equity |  |  |  | 6,125,215 |  |  |  | 5,049,533 |  |  |  | 776,099 |
Total liabilities and shareholders’ equity |  |  |  | 8,177,424 |  |  |  | 7,169,086 |  |  |  | 1,101,869 |
| Condensed | statements of operations
|  | For the year ended December 31, |
|  | 2015 |  |  | 2016 |  |  | 2017 |
|  | RMB |  |  | RMB |  |  | RMB |  |  | US$ |
Operating Expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administrative expenses |  |  | (166,662 | ) |  |  | (124,450 | ) |  |  | (145,890 | ) |  |  | (22,423 | )
Changes in the fair value of contingent purchase consideration payables |  |  | (43,325 | ) |  |  | 93,307 |  |  |  | (937 | ) |  |  | (144 | )
Operating loss |  |  | (209,987 | ) |  |  | (31,143 | ) |  |  | (146,827 | ) |  |  | (22,567 | )
Other income |  |  | (152,100 | ) |  |  | (169,915 | ) |  |  | (95,210 | ) |  |  | (14,634 | )
Share of losses from subsidiaries and Consolidated VIEs |  |  | (66,012 | ) |  |  | (432,540 | ) |  |  | (530,693 | ) |  |  | (81,566 | )
Loss before income taxes |  |  | (428,099 | ) |  |  | (633,598 | ) |  |  | (772,730 | ) |  |  | (118,767 | )
Income tax expense |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Net loss |  |  | (428,099 | ) |  |  | (633,598 | ) |  |  | (772,730 | ) |  |  | (118,767 | )
Condensed statements of comprehensive loss
|  | For the year ended December 31, |
|  | 2015 |  |  | 2016 |  |  | 2017 |
|  | RMB |  |  | RMB |  |  | RMB |  |  | US$ |
Net loss |  |  | (428,099 | ) |  |  | (633,598 | ) |  |  | (772,730 | ) |  |  | (118,767 | )
Other comprehensive income (loss), net of tax of nil: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency translation adjustments, net of tax of nil |  |  | 41,518 |  |  |  | 142,526 |  |  |  | (120,963 | ) |  |  | (18,592 | )
Other comprehensive income (loss), net of tax of nil: |  |  | 41,518 |  |  |  | 142,526 |  |  |  | (120,963 | ) |  |  | (18,592 | )
Comprehensive loss |  |  | (386,581 | ) |  |  | (491,072 | ) |  |  | (893,693 | ) |  |  | (137,359 | )
Comprehensive loss attributable to the Company’s ordinary shareholders |  |  | (386,581 | ) |  |  | (491,072 | ) |  |  | (893,693 | ) |  |  | (137,359 | )
Condensed statements of cash flows
|  | For the year ended December 31, |
|  | 2015 |  |  | 2016 |  |  | 2017 |
|  | RMB |  |  | RMB |  |  | RMB |  |  | US$ |
Net cash used in operating activities |  |  | (26,621 | ) |  |  | (78,567 | ) |  |  | (18,324 | ) |  |  | (2,816 | )
Net cash used in investing activities |  |  | (977,300 | ) |  |  | (617,613 | ) |  |  | (1,291,042 | ) |  |  | (198,430 | )
Net cash generated from financing activities |  |  | 1,798,230 |  |  |  | 494,851 |  |  |  | 1,558,127 |  |  |  | 239,480 |
Net increase(decrease) in cash and cash equivalents |  |  | 794,309 |  |  |  | (201,329 | ) |  |  | 248,761 |  |  |  | 38,234 |
Cash and cash equivalents at beginning of the year |  |  | 3,891 |  |  |  | 798,200 |  |  |  | 596,871 |  |  |  | 91,737 |
Cash and cash equivalents at end of the year |  |  | 798,200 |  |  |  | 596,871 |  |  |  | 845,632 |  |  |  | 129,971 |
| (a) | Basis of presentation
In the Company-only financial statements, the Company’s investment in subsidiaries is stated at cost plus equity in undistributed earnings of subsidiaries since inception. The Company records its investment in its subsidiary under the equity method of accounting as prescribed in ASC 323-10, Investment-Equity Method and Joint Ventures, and such investment is presented on the balance sheet as “Investment in subsidiaries” and the share of the subsidiaries’ profit or loss is presented as “Share of profits (losses) of subsidiaries and Consolidated VIEs” on the statements of operations. The subsidiaries did not pay any dividends to the Company for the years presented. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted and as such, these Company-only financial statements should be read in conjunction with the Company’s consolidated financial statements.
| (b) | Related party transactions
The Company had the following related party balances as of December 31, 2016 and 2017:
|  | December 31, |
|  | 2016 |  |  | 2017 |
|  | RMB |  |  | RMB |  |  | US$ |
Amount due from subsidiaries |  |  |  |  |  |  |  |  |  |  |  |
- 21Vianet HK |  |  | 3,037,249 |  |  |  | 4,143,269 |  |  |  | 636,809 |
- HongKong Fastweb Holdings Co., Ltd. |  |  | 60,574 |  |  |  | 61,637 |  |  |  | 9,473 |
- 21V Mobile |  |  | 72,361 |  |  |  | 50,453 |  |  |  | 7,754 |
- Ventures |  |  | 27,124 |  |  |  | 25,549 |  |  |  | 3,927 |
- WiFire Open Network Group Ltd. |  |  | — |  |  |  | 4,170 |  |  |  | 641 |
- WiFire Group Inc. |  |  | 4,301 |  |  |  | 653 |  |  |  | 100 |
- Xi’an Holding |  |  | 7,011 |  |  |  | — |  |  |  | — |
- Others |  |  | — |  |  |  | 12 |  |  |  | 3 |
|  |  | 3,208,620 |  |  |  | 4,285,743 |  |  |  | 658,707 |
Amount due from related parties |  |  |  |  |  |  |  |  |  |  |  |
Current: |  |  |  |  |  |  |  |  |  |  |  |
- Seller of iJoy |  |  | 27,748 |  |  |  | 26,137 |  |  |  | 4,017 |
- Seller of Aipu Group |  |  | 70,000 |  |  |  | — |  |  |  | — |
|  |  | 97,748 |  |  |  | 26,137 |  |  |  | 4,017 |
Amount due to subsidiaries |  |  |  |  |  |  |  |  |  |  |  |
- 21Vianet Beijing |  |  | 9,713 |  |  |  | 17,595 |  |  |  | 2,704 |
- Others |  |  | 19 |  |  |  | 18 |  |  |  | 3 |
|  |  | 9,732 |  |  |  | 17,613 |  |  |  | 2,707 |
|  | December 31, |
|  | 2016 |  |  | 2017 |
|  | RMB |  |  | RMB |  |  | US$ |
Amount due to related parties |  |  |  |  |  |  |  |  |  |  |  |
Current: |  |  |  |  |  |  |  |  |  |  |  |
- Seller of iJoy |  |  | 38,131 |  |  |  | 39,068 |  |  |  | 6,005 |
- Seller of Aipu Group |  |  | 30,000 |  |  |  | — |  |  |  | — |
|  |  | 68,131 |  |  |  | 39,068 |  |  |  | 6,005 |
| (c) | Commitments
Operating lease commitments The Company leases a facility in the United States under non-cancelable operating lease expiring on March 1, 2025. For the year ended December 31, 2015, 2016 and 2017, total rental expense for the operating lease amounted to RMB13,952, RMB15,824 and RMB5,366 (US$825). As of December 31, 2017, the Company has future minimum lease payments under non-cancelable operating leases with initial terms in excess of one year in relation to data center space consisting of the following:
|  | RMB |  |  | US$ |
2018 |  |  | 17,893 |  |  |  | 2,750 |
2019 |  |  | 18,340 |  |  |  | 2,819 |
2020 |  |  | 18,799 |  |  |  | 2,889 |
2021 |  |  | 19,268 |  |  |  | 2,961 |
2022 and thereafter |  |  | 65,964 |  |  |  | 10,138 |
|  |  | 140,264 |  |  |  | 21,557 |
| (d) | Bonds payable
On June 26, 2014, the Company issued and sold bonds with an aggregate principal amount of RMB2,000,000 at a coupon rate of 6.875% per annum (the “2017 Bonds”). The 2017 Bonds matured on June 26, 2017 and were fully repaid. On August 17, 2017, the Company issued and sold bonds with an aggregate principle amount of US$200,000 at a coupon rate of 7% per annum, or the Original Bonds. On September 29, 2017, the Company issued and sold bonds with an aggregate principle amount of US$100,000 at a coupon rate of 7% per annum, or the Bonds. The Bonds were priced at a slight premium of 100.04, with an effective yield of 6.98% (collectively, “2020 Bonds”). The 2020 Bonds will mature on August 17, 2020. The 2020 Bonds were listed and quoted on the Official List of the Singapore Exchange Securities Trading Limited. Interest on the 2020 Bonds is payable semi-annually in arrears on August 17 and February 17 in each year, beginning from February 17, 2018. Net proceeds from the 2020 Bonds after deducting issuance costs were RMB1,926,419 (US$296,085). The proceeds from issuance of 2020 Bonds will be used for refinancing outstanding indebtedness, fund future capital needs, and for general corporate purposes. The 2020 Bonds are unsecured and rank senior in right of payment to any of the Company’s indebtedness that is expressly subordinated to the bonds; equal in right of payment to any of the Company’s liabilities that are not so subordinated; but rank lower than any secured indebtedness of the Company and all liabilities (including accounts payable) of the Company’s subsidiaries and Consolidated VIEs.

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.7-05(c)(Schedule II)) -URI http://asc.fasb.org/extlink&oid=6879921&loc=d3e569147-122900 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=96868048&loc=d3e5283-111683 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 235 -Section S99 -Paragraph 2 -Subparagraph (SX 210.9-06) -URI http://asc.fasb.org/extlink&oid=6882215&loc=d3e537971-122884 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 10 -Section S99 -Paragraph 6 -Subparagraph (SX 210.5-04(c)(Schedule I)) -URI http://asc.fasb.org/extlink&oid=27047687&loc=d3e5864-122674 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e24072-122690 + Details
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