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OPERATING LEASE | 12 Months Ended
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Mar. 31, 2022
OPERATING LEASE |
OPERATING LEASE | 14. OPERATING LEASE The Group has operating leases primarily for office and operation space. The Group’s operating lease arrangements have remaining terms of one year to three years. Supplemental consolidated balance sheets information related to leases were as follows:
|  | March 31, 2021 |  |  | March 31, 2022 |
|  | RMB |  |  | RMB |
Right-of-use assets |  |  | 46,829 |  |  |  | 29,584 |
Operating lease liabilities - current |  |  | 11,657 |  |  |  | 10,994 |
Operating lease liabilities - non-current |  |  | 34,365 |  |  |  | 10,866 |
Total operating lease liabilities |  |  | 46,022 |  |  |  | 21,860 |
Weighted average remaining lease term |  |  | 4.33 |  |  |  | 2.25 |
Weighted average discount rate |  |  | 5.40 | % |  |  | 5.19 | %
Total operating lease costs were RMB 161.3 million for the year ended December 31, 2019 including RMB 58.7 million recorded from continuing business and RMB 102.6 million from discontinued operations. Total short-term lease costs were RMB 75.3 million for the year ended December 31, 2019, including RMB 10.6 million recorded from continuing business and RMB 64.7 million from discontinued operations. Total operating lease costs were RMB 18.8 million for the three months ended March 31, 2020 including RMB 11.7 million recorded from continuing business and RMB 7.1 million from discontinued operations. Total short-term lease costs were RMB 5.4 million for the three months ended March 31, 2020, including RMB 2.6 million recorded from continuing business and RMB 2.8 million from discontinued operations. Total operating lease costs were RMB 36.3 million for the fiscal year ended March 31, 2021 including RMB 33.0 million recorded from continuing business and RMB 3.3 million from discontinued operations. Total short-term lease costs were RMB 11.7 million for the fiscal year ended March 31, 2021, including RMB 8.4 million recorded from continuing business and RMB 3.3 million from discontinued operations. Total operating lease costs were RMB 19.8 million for the fiscal year ended March 31, 2022. Total short-term lease costs were RMB 3.3 million for the fiscal year ended March 31, 2022. Supplemental cash flow information related to leases in both continuing and discontinued operations were as follows:
|  | For the year ended December 31, |  |  | For the three months ended March 31, |  |  | For the fiscal year ended March 31, |  |  | For the fiscal year ended March 31, |
|  | 2019 |  |  | 2020 |  |  | 2021 |  |  | 2022 |
|  | RMB |  |  | RMB |  |  | RMB |  |  | RMB |
Cash paid for amounts included in the measurement of lease liabilities |  |  | 134,071 |  |  |  | 8,503 |  |  |  | 13,599 |  |  |  | 23,547 |
Right-of-use assets obtained in exchange for operating lease liabilities |  |  | 87,350 |  |  |  | 311 |  |  |  | 46,829 |  |  |  | 23,628 |
Maturities of operating lease liabilities are as follows:
|  | March 31, 2022 |
|  | RMB |
The fiscal year ended March 31, 2023 |  |  | 11,796 |
The fiscal year ended March 31, 2024 |  |  | 5,450 |
The fiscal year ended March 31, 2025 |  |  | 5,886 |
Total operating lease payments |  |  | 23,132 |
Less: imputed interest |  |  | (1,272 | )
Total lease liabilities |  |  | 21,860 |

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI https://asc.fasb.org/subtopic&trid=77888251 + Details
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