| NON CONTROLLING INTERESTS |
| 15. |
NON CONTROLLING
INTERESTS |
A reconciliation of the
carrying amounts of subsidiaries consolidated by the Group and the
non controlling interests is as follows:
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| |
|
December 31,
2010 |
|
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December 31,
2011 |
|
| |
|
Group |
|
|
Non
controlling
Interests |
|
|
Group |
|
|
Non
controlling
Interests |
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| |
|
(RMB) |
|
|
(RMB) |
|
|
(RMB) |
|
|
(RMB) |
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|
Beginning
balance
|
|
|
5,047,654 |
|
|
|
7,608,607 |
|
|
|
12,460,938 |
|
|
|
14,782,829 |
|
|
Equity
|
|
|
11,059,685 |
|
|
|
10,737,017 |
|
|
|
11,910,070 |
|
|
|
836,998 |
|
|
Huayi Giant
Information
|
|
|
21,250,000 |
|
|
|
3,750,000 |
|
|
|
— |
|
|
|
— |
|
|
Deconsolidation of Huayi
Giant Information
|
|
|
(21,250,000 |
) |
|
|
(3,750,000 |
) |
|
|
— |
|
|
|
— |
|
|
Deconsolidation of Juxi
Network (Note 4)
|
|
|
— |
|
|
|
— |
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|
|
(1,134,893 |
) |
|
|
(1,091,241 |
) |
|
Deconsolidation of Juxian
Network (Note 4)
|
|
|
— |
|
|
|
— |
|
|
|
(1,319,023 |
) |
|
|
(1,067,296 |
) |
|
Consolidation of Juyan
Network (1)
|
|
|
|
|
|
|
|
|
|
|
(1,927,203 |
) |
|
|
(1,855,246 |
) |
|
Dividend declared by Jujia
Network
|
|
|
— |
|
|
|
— |
|
|
|
(12,750,000 |
) |
|
|
(12,250,000 |
) |
|
Net (loss)
income
|
|
|
(3,646,401 |
) |
|
|
(3,562,795 |
) |
|
|
28,292,434 |
|
|
|
26,428,994 |
|
|
|
|
|
|
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|
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Ending balance
|
|
|
12,460,938 |
|
|
|
14,782,829 |
|
|
|
35,532,323 |
|
|
|
25,785,038 |
|
|
|
|
|
|
|
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|
|
|
|
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|
Ending balance
(US$)
|
|
|
|
|
|
|
|
|
|
|
5,645,518 |
|
|
|
4,096,830 |
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| (1) |
In January 2011, Zhengduo
Information acquired the remaining 49% equity interest of Juyan
Network at a consideration of RMB approximately 3,500,000
(US$556,000). Subsequent to this acquisition, Juyan Network becomes
a wholly-owned subsidiary of Zhengduo Information. This was
accounted for as an equity transaction, where the difference
between the fair value of the purchase consideration and the
carrying amount of non-controlling interest of approximately
RMB1,600,000 (US$ 254,000) was recorded as additional paid-in
capital. |
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