v2.3.0.11
Consolidated Balance Sheets
In Thousands
Dec. 31, 2010
USD ($)
Dec. 31, 2010
CNY
Dec. 31, 2009
CNY
Current assets:      
Cash and cash equivalents $ 291,649 1,924,884 1,457,890
Restricted cash 1,390 9,177 1,957
Accounts receivable, net of allowance for doubtful amounts of RMB2,136 and RMB5,790 (US$877) as of December 31, 2009 and 2010, respectively 36,845 243,175 181,360
Insurance premium receivables 14 92 230
Other receivables (Note 4) 10,157 67,034 52,108
Deferred tax assets (Note 11) 862 5,691 2,602
Amounts due from related parties (Note 15) 6,061 40,000 25,337
Other current assets 1,874 12,372 6,015
Total current assets 348,852 2,302,425 1,727,499
Non-current assets:      
Property, plant and equipment, net (Note 5) 15,481 102,175 108,318
Goodwill (Note 6) 174,905 1,154,373 535,911
Intangible assets, net 22,069 145,653 81,485
Deferred tax assets (Note 11) 1,023 6,755 3,801
Investment in affiliates (Note 7) 21,078 139,116 86,701
Other non-current assets 600 3,959 2,250
Total non-current assets 235,156 1,552,031 818,466
Total assets 584,008 3,854,456 2,545,965
Current liabilities:      
Accounts payable (including accounts payable of the consolidated variable interest entities ("VIEs ") without recourse to CNinsure Inc. of RMB59,168 and RMB75,285 (US$11,407) as of December 31, 2009 and December 31, 2010, respectively) 13,572 89,573 72,716
Insurance premium payables (including insurance premium payables of the consolidated VIEs without recourse to CNinsure Inc. of RMB1,957 and RMB1,364 (US$207) as of December 31, 2009 and December 31, 2010, respectively) 207 1,364 1,957
Other payables and accrued expenses (including other payables and accrued expenses of the consolidated VIEs without recourse to CNinsure Inc. of RMB130,073 and RMB52,725 (US$7,989) as of December 31, 2009 and December 31, 2010, respectively) (Note 9) 14,160 93,460 182,139
Accrued payroll (including accrued payroll of the consolidated VIEs without recourse to CNinsure Inc. of RMB18,962 and RMB27,158 (US$4,115) as of December 31, 2009 and December 31, 2010, respectively) 4,733 31,237 24,152
Income taxes payable (including income taxes payable of the consolidated VIEs without recourse to CNinsure Inc. of RMB18,564 and RMB32,134(US$4,869) as of December 31, 2009 and December 31, 2010, respectively) 5,292 34,927 37,410
Amounts due to related parties (including amounts due to related parties of the consolidated VIEs without recourse to CNinsure Inc. of RMB1,718 and RMB7,800 (US$1,182)as of December 31, 2009 and December 31, 2010, respectively) (Note 15) 5,727 37,800 19,274
Total current liabilities 43,691 288,361 337,648
Non-current liabilities:      
Other tax liabilities (including non-current portion of other tax liabilities of the consolidated VIEs without recourse to CNinsure Inc. of Nil and Nil as of December 31, 2009 and December 31, 2010) (Note 11) 836 5,519 2,537
Deferred tax liabilities (including non-current portion of deferred tax liabilities of the consolidated VIEs without recourse to CNinsure Inc. of Nil and Nil as of December 31, 2009 and December 31, 2010) (Note 11) 6,593 43,513 19,075
Total non-current liabilities 7,429 49,032 21,612
Total liabilities 51,120 337,393 359,260
Commitments and contingencies (Note 16)      
Ordinary shares (Authorized shares:10,000,000,000 at US$0.001 each; issued and outstanding shares: 912,497,726 and 1,002,977,326 as of December 31, 2009 and 2010, respectively) (Note 12) 1,159 7,649 7,036
Additional paid-in capital 342,704 2,261,849 1,604,774
Statutory reserves 20,709 136,681 103,877
Retained earnings 111,843 738,165 348,663
Accumulated other comprehensive loss (12,630) (83,360) (72,542)
Total CNinsure Inc shareholders equity 463,785 3,060,984 1,991,808
Noncontrolling interests 69,103 456,079 194,897
Total equity 532,888 3,517,063 2,186,705
Total liabilities and equity $ 584,008 3,854,456 2,545,965