XML 30 R7.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Cash Flows
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
CNY (¥)
Dec. 31, 2016
USD ($)
Dec. 31, 2015
CNY (¥)
Dec. 31, 2014
CNY (¥)
Cash flows from operating activities:        
Net income ¥ 78,220 $ 11,265 ¥ 72,385 ¥ 262,119
Adjustments to reconcile net income to net cash provided by operating activities:        
Share-based compensation 1,890 273 34,354 53,181
Provision for allowance for doubtful accounts, including related party balances 48,199 6,942 49,320 9,229
Depreciation and amortization expense 41,952 6,042 45,473 36,323
Impairment of intangible assets 87 13 3,822 0
Loss from equity investments, including impairments 1,776 256 41,861 18,538
Deferred income tax (18,344) (2,642) (11,398) (3,226)
Loss on disposal of property and equipment 55 8 749 589
Gain on disposal of subsidiaries and acquisition of equity investments 0 0 0 (29,660)
Gain on disposal of an equity investment and acquisition of available-for-sale investments 0 0 (4,643) 0
Foreign currency exchange loss/(gain) (9,608) (1,384) 1,054 6,059
Changes in operating assets and liabilities:        
Accounts receivable 55,308 7,966 (59,772) (180,904)
Prepayments and other current assets (18,531) (2,669) (18,254) (14,320)
Amounts due from related parties 7,878 1,135 41,368 (50,684)
Other non-current assets 1,699 245 (4,404) (1,076)
Accounts payable (31,539) (4,543) 24,415 63,419
Advances from customers 12,586 1,813 (2,348) 7,202
Salary and welfare payable 16,301 2,348 8,955 13,023
Taxes payable (17,468) (2,516) 4,182 36,432
Amounts due to related parties (289) (42) (3,980) 1,455
Accrued expenses and other current liabilities 30,159 4,344 (3,828) 41,139
Long-term liabilities 3,355 483 1,501 4,636
Net cash provided by operating activities 203,686 29,337 220,812 273,474
Cash flows from investing activities:        
Purchase of property and equipment and intangible assets (29,282) (4,217) (43,457) (35,387)
Placement of term deposits and short term investments (3,199,923) (460,885) (3,288,344) (3,565,274)
Maturity of term deposits and short term investments 3,189,803 459,427 2,562,584 4,082,583
Investments in available-for-sale investments 0 0 (352,008) (36,810)
Investments in equity investments 0 0 (10,643) (37,681)
Disposal of subsidiaries, net of cash received 0 0 0 (14,259)
Loans provided to a related party (45,865) (6,606) 0 0
Issuance of convertible loans to a related party (228,280) (32,879) 0 0
Change in restricted cash (229,602) (33,070) (125,000) 0
Net cash provided by/(used in) investing activities (543,149) (78,230) (1,256,868) 393,172
Cash flows from financing activities:        
Proceeds from exercise of stock options 2,436 351 6,944 8,756
Proceeds from short-term bank loans 214,712 30,925 123,589 0
Repurchase of ordinary shares 0 0 (66,417) (242,500)
Capital contribution received from noncontrolling shareholders 0 0 250 10,000
Net cash (used in)/provided by financing activities 217,148 31,276 64,366 (223,744)
Effect of exchange rate changes on cash and cash equivalents 14,340 2,065 (3,488) (2,193)
Net increase/(decrease) in cash and cash equivalents (107,975) (15,552) (975,178) 440,709
Cash and cash equivalents at the beginning of the year 310,669 44,746 1,285,847 845,138
Cash and cash equivalents at the end of the year 202,694 29,194 310,669 1,285,847
Supplemental disclosure of cash flow information:        
Cash paid during the period for income taxes 46,392 6,682 36,044 32,786
Supplemental disclosure of non-cash investing activities:        
Investments in available-for-sale investments by conversion of convertible loans issued to a related party ¥ 143,820 $ 20,714 ¥ 0 ¥ 0