14.

NET INVESTMENT IN DIRECT FINANCING LEASES

The Group operates as a lessor in direct financing lease agreements for medical equipment, with hospitals and other companies that engage in ongoing cooperation agreements with hospitals. These leases have remaining terms ranging generally from three to five years. Net investment in direct financing leases is comprised of the following:

	As at December 31,
	2010			2011			2011
	RMB			RMB			US$

Total minimum lease payments to be received		105,351			179,122			28,460
Initial direct cost		-			1,758			279
		105,351			180,880			28,739

Unearned income		(19,497	)		(33,797	)		(5,370	)

Net investment in direct finance leases		85,854			147,083			23,369

Current		19,498			49,821			7,916
Non-current		66,356			97,262			15,453

Total		85,854			147,083			23,369

The future minimum lease payments to be received from such non-cancelable direct financing leases are as follows:

	Future minimum lease payments
	RMB		US$

2012		52,762		8,384
2013		39,168		6,223
2014		39,129		6,217
2015		28,971		4,603
2016		13,200		2,097
2017 and thereafter		7,650		1,215

Total		180,880		28,739