XML 40 R22.htm IDEA: XBRL DOCUMENT v3.7.0.1
Commitments
12 Months Ended
Dec. 31, 2016
Commitments [Abstract]  
Commitments
14. Commitments
 
Operating Leases Agreements
 
The Group leases office space, service center and warehouses under non-cancellable operating lease agreements that expire at various dates through December 2026. During the three years ended December 31, 2014, 2015 and 2016, the Group incurred rental expenses amounting to RMB15,947, RMB36,706 and RMB71,127, respectively.
 
As of December 31, 2016, minimum lease payments under all non-cancellable leases were as follows:
 
 
 
Year ended
 
 
 
December 31, 2016
 
 
 
RMB
 
 
 
 
 
 
2017
 
 
68,980
 
2018
 
 
56,037
 
2019
 
 
53,183
 
2020
 
 
49,317
 
2021 and after
 
 
111,973
 
 
 
 
 
 
Total lease commitment
 
 
339,490
 
 
Capital commitment
 
Total capital commitments relating to purchase of certain land use right, buildings and equipment, and approved by the board but not yet reflected in the consolidated financial statements, amounted to RMB244,000 as of December 31, 2016. All of these capital commitments will be fulfilled in the following years.
 
Credit facilities
 
As of December 31, 2016, the Group had one-year credit facilities for an aggregate amount of RMB 353,429 from three Chinese commercial banks. The Group had RMB 228,400 available under these credit facilities as of December 31, 2016.