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CONSOLIDATED STATEMENTS OF CASH FLOWS
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
USD ($)
Dec. 31, 2015
CNY (¥)
Dec. 31, 2014
CNY (¥)
Dec. 31, 2013
CNY (¥)
CASH FLOWS FROM OPERATING ACTIVITIES        
Net income (loss) from continuing operations $ (12,238) ¥ (79,279) ¥ 94,796 ¥ 80,431
Net income from discontinued operations 25,476 10,765
Adjustments to reconcile net income to net cash generated from operating activities:        
Share-based compensation $ 1,248 ¥ 8,084 7,349 8,804
Depreciation of property, plant and equipment 21,315 138,075 175,008 149,975
Amortization of intangible assets 2,960 19,176 23,061 29,669
Amortization of prepaid land lease payments 168 1,090 3,610 2,801
Income (loss) from equity method investments 860 5,572 (13,911) (15,521)
Loss on disposal of property, plant and equipment, net $ 651 ¥ 4,220 ¥ 3,610 1,235
Amortization of acquired executory contracts (822)
Deferred tax benefits $ (67) ¥ (432) ¥ 23,307 ¥ 3,361
Allowance for doubtful accounts, net 1,533 9,932 ¥ (9,010)
Impairment of long-lived assets 3,570 23,125
Changes in fair value of derivatives (5,207) (33,731) ¥ (2,605)
Loss on debt extinguishment 5,657 36,648
Gain on disposal of subsidiaries (note 4) (2,529) (16,381) ¥ (38,487)
Gain from bargain purchase (note 4) (1,981) (12,830)
Changes in operating assets and liabilities net of effects of acquisition and disposals:        
Accounts receivable 6,683 43,276 ¥ 4,505 ¥ (102,187)
Prepayments and other current assets 2,276 14,743 (5,029) 11,673
Inventories $ 49 ¥ 315 237 (11,036)
Amounts due from related parties (3,384) (9,058)
Amounts due to related parties (326) (2,693)
Other non-current assets $ 1,837 ¥ 11,902 ¥ 36,234 7,025
Deposits of land use rights (58,560) (379,340) (27,427)
Accounts payable (112) (725) ¥ 31,288 48,646
Accrued expenses and other liabilities (304) (1,968) 35,488 36,966
Deferred revenue (146) (945) 11,146 (4,362)
Income tax payable 1,496 9,692 22,397 23,024
Accrued unrecognized tax benefit 3,804 24,643 60,411 17,764
Net cash generated from (used in) operating activities (27,038) (175,138) ¥ 490,381 ¥ 259,033
CASH FLOWS FROM INVESTING ACTIVITIES        
Purchase of short-term investment $ (9,262) ¥ (60,000)
Purchase of held-to-maturity securities ¥ (30,000)
Maturity of held-to-maturity securities 30,000
Investments in equity method investees $ (4,641) ¥ (30,063) ¥ (6,534) ¥ (2,640)
Acquisitions of business, net of cash acquired (note 4) (38,615) (250,142)
Disposals of subsidiaries, net of cash disposed (note 4) $ 12,164 ¥ 78,798 ¥ 280,142
Purchase of subsidiary shares from noncontrolling interests ¥ (1,500)
Acquisitions of property, plant and equipment $ (7,376) ¥ (47,783) ¥ (51,480) (74,553)
Deposits for the purchases of property, plant and equipment $ (20,715) ¥ (134,189) ¥ (58,370) (85,448)
Refund of deposits for the purchase of property, plant and equipment 11,357
Proceeds from disposal of property, plant and equipment $ 165 ¥ 1,070 ¥ 27,779 6,500
Proceeds from principal portion of direct financing leases $ 15,115 ¥ 97,910 117,328 47,319
Net investment in direct financing leases (43,794) (59,289)
Cash distribution from equity method investments $ 3,754 ¥ 24,316 ¥ 21,984 ¥ 24,714
Prepayment for investment (note 12) (10,961) (71,000)
Net cash (used in) generated from investing activities (60,372) (391,083) ¥ 287,055 ¥ (133,540)
CASH FLOWS FROM FINANCING ACTIVITIES        
Proceeds from short-term bank borrowings 36,000 233,201 9,000 190,692
Proceeds from long-term bank and other borrowings 52,997 343,301 ¥ 291,892 ¥ 407,969
Proceeds from secured borrowings (note 19) $ 61,208 ¥ 396,494
Repayment of obligations under capital leases ¥ (8,567) ¥ (2,117)
Repayment of short-term bank borrowings $ (441) ¥ (2,858) (110,569) (79,246)
Repayment of long-term bank borrowings (53,717) (347,965) (273,310) (302,058)
Increase in restricted cash $ (8,148) ¥ (52,780) (80,028) ¥ (138,093)
Dividends paid to ordinary shareholders (453,562)
Proceeds received from sales lease back ¥ 46,000
Repurchase of ordinary shares $ (3,045) ¥ (19,723) ¥ (6,015)
Repayment of loan from a noncontrolling shareholder of a subsidiary ¥ 6,590
Capital injection from noncontrolling shareholder (note 1) $ 6,287 ¥ 40,728
Net cash generated from (used in) financing activities 91,141 590,398 ¥ (579,144) ¥ 77,722
Exchange rate effect on cash (2,689) (17,419) (2,643) 4,436
Net increase in cash 1,042 6,758 195,649 207,651
Cash at beginning of year 73,896 478,682 283,033 75,382
Cash at end of year 74,938 485,440 478,682 283,033
Supplemental schedule of cash flows information:        
Income tax paid (7,520) (48,712) (34,452) (6,318)
Interest paid (8,342) (54,039) (53,470) (37,527)
Supplemental schedule of non-cash activities:        
Acquisition of property, plant and equipment and other intangible assets through utilization of deposits 3,669 23,769 27,492 74,267
Acquisition of property, plant and equipment included in accrual for purchase of property, plant and equipment 1,891 12,251 ¥ 1,519 9,050
Acquisition of net investment in financing lease through utilization of deposits 5,634 36,499 ¥ 27,940
Equity investment through disposal of a subsidiary (note 4) $ 3,574 ¥ 22,160