| Dec'17 | ||||||
|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES | ||||||
Net loss for the year | ||||||
-188,749 | ||||||
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||
Share of net loss (income) of equity investees | ||||||
-125 | ||||||
Deferred income tax | ||||||
-258 | ||||||
Depreciation and amortization | ||||||
55,932 | ||||||
Share-based compensation | ||||||
45,950 | ||||||
Allowance for doubtful accounts and inventory provision | ||||||
2,827 | ||||||
(Gain) loss on disposal of property and equipment | ||||||
471 | ||||||
Foreign exchange (gain) loss | ||||||
-971 | ||||||
Change in assets and liabilities | ||||||
Restricted cash | ||||||
-14,053 | ||||||
Accounts and notes receivables | ||||||
41,233 | ||||||
Prepayment and other current assets | ||||||
71,641 | ||||||
Inventories | ||||||
3,277 | ||||||
Customer advances and deposits | ||||||
35,872 | ||||||
Accounts and notes payables | ||||||
95,203 | ||||||
Accrued expenses and other liabilities | ||||||
88,166 | ||||||
Amounts due from related parties | ||||||
12,540 | ||||||
Other non-current assets | ||||||
4,156 | ||||||
Other non-current liabilities | ||||||
2,137 | ||||||
Amounts due to related parties | ||||||
1,846 | ||||||
Non-current deposits | ||||||
-2,794 | ||||||
Income tax payable | ||||||
25 | ||||||
Net cash (used in)/generated from operating activities | ||||||
17,988 | ||||||
CASH FLOWS FROM INVESTING ACTIVITIES | ||||||
Purchase of property and equipment | ||||||
115,232 | ||||||
Purchase of leased equipment | ||||||
111,009 | ||||||
Repayment of financing leases-principal portion | ||||||
15,020 | ||||||
Disposal of property and equipment and intangible assets | ||||||
6,942 | ||||||
Cash paid for business acquisitions(net of cash acquired of RMB7,148, nil and RMB2,737 for the years ended December 31, 2015, 2016 and 2017) | ||||||
48,254 | ||||||
Acquisition of intangible assets | ||||||
4,124 | ||||||
Change in restricted cash | ||||||
15,370 | ||||||
Acquisition of long-term investments | ||||||
2,137 | ||||||
Proceeds from maturities of short-term investments | ||||||
411,712 | ||||||
Purchase of short-term investments | ||||||
777,466 | ||||||
Other investing activities, net | ||||||
6,521 | ||||||
Net cash used in investing activities | ||||||
-646,439 | ||||||
CASH FLOWS FROM FINANCING ACTIVITIES | ||||||
Proceeds from short-term bank loans | ||||||
292,314 | ||||||
Repayment of short-term bank loans | ||||||
182,809 | ||||||
Change in restricted cash | ||||||
-201,400 | ||||||
Capital lease payments | ||||||
2,078 | ||||||
Proceeds from initial public offering, net of issuance costs | ||||||
481,102 | ||||||
Proceeds from the exercise of share options | ||||||
7 | ||||||
Repurchase of redeemable convertible preferred shares | ||||||
15,114 | ||||||
Net cash generated from financing activities | ||||||
372,022 | ||||||
Exchange rate effect on cash and cash equivalents | ||||||
-2,881 | ||||||
Net increase/(decrease) in cash and cash equivalents | ||||||
-259,310 | ||||||
Supplemental disclosures of cash flow information: | ||||||
Income taxes paid | ||||||
57 | ||||||
Interest expense paid | ||||||
7,152 | ||||||
Supplemental disclosures of non-cash information: | ||||||
Purchase of property and equipment included in accrued expenses and other liabilities | ||||||
18,710 | ||||||
Proceeds from disposal of property and equipment included in prepayment and other current assets | ||||||
2,821 | ||||||
Acquisition of property and equipment through capital lease | ||||||
1,392 | ||||||
Purchase consideration for business acquisitions included in accrued expenses and other liabilities | ||||||
4,073 | ||||||
Deferred IPO costs included in accrued expenses and other liabilities | ||||||
1,512 | ||||||