PROPERTY, PLANT AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2012

PROPERTY, PLANT AND EQUIPMENT, NET [Abstract]

11.

PROPERTY, PLANT AND EQUIPMENT, NET

Property, plant and equipment consist of the following:


	As at December 31,
	2011			2012			2012
	RMB			RMB			US$

Buildings		170,002			376,858			60,490
Medical equipment		952,579			1,138,927			182,810
Electronic and office equipment		5,200			34,717			5,572
Motor vehicles		941			3,838			616
Leasehold improvement and building improvement		5,400			5,635			905
Construction in progress		146,894			247,708			39,760

Total		1,281,016			1,807,683			290,153
Less: accumulated depreciation		(209,134	)		(281,584	)		(45,197	)


		1,071,882			1,526,099			244,956

Less: impairment		(3,179	)		(3,179	)		(510	)

		1,068,703			1,522,920			244,446

Depreciation expenses were approximately RMB82,889, RMB94,837 and RMB119,919 (US$19,248) for the years ended December 31, 2010, 2011 and 2012, respectively.

As at December 31, 2011 and 2012, certain of the Group's property, plant and equipment with a net book value of RMB171,313 and RMB205,321 (US$32,956) were pledged as security for bank borrowings of RMB32,933 and RMB136,743 (US$21,949), respectively.

As at December 31, 2011 and 2012, the Group held equipment under operating lease contracts with customers with an original cost of RMB948,078 and RMB949,678 (US$152,434) and accumulated depreciation of RMB187,776 and RMB233,539 (US$37,486), respectively.

During the year ended December 31, 2011, the Group identified impairment indicators such as insufficient gross margin in certain medical equipment leasing arrangements and with respect to a piece of medical equipment not currently in use. It was assessed that the future undiscounted cash flows for the equipment would be lower than its carrying amount. The Group assessed the fair value of the equipment by reference to the market value for similar assets and recognized an impairment charge, being the difference between the carrying value and the fair value of the equipment, amounting to RMB3,179. The impairment charges are included in the caption of "Asset impairment" in the consolidated statements of comprehensive income.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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