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PREPAID LAND LEASE PAYMENTS
 12 Months Ended
Dec. 31, 2012
PREPAID LAND LEASE PAYMENTS [Abstract]  
PREPAID LAND LEASE PAYMENTS
12.   PREPAID LAND LEASE PAYMENTS

 

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

Prepaid land lease payments

     28,423       92,814       14,896  

Less: accumulated amortization

     (1,053 )     (2,690 )     (430 )
   

 

 

    

 

 

    

 

 

  

Net carrying value

     27,370       90,124       14,466  
   

 

 

    

 

 

    

 

 

  

The land leases were obtained through the acquisition of 52% equity interest in CCICC and 52% equity interest in CAH during 2010 and 2012, and are amortized under the straight-line method over the land use certification of 38 years and 36 years, respectively. Amortization expenses for the years ended December 31, 2010, 2011 and 2012 were RMB310, RMB743 and RMB1,637 (US$263), respectively.

 

                 
    Amortization  
    RMB     US$  

2013

     2,532       406  

2014

     2,532       406  

2015

     2,532       406  

2016

     2,532       406  

2017

     2,532       406