China lending corp (CLDC)
Balance Sheet / Quarterly
Dec'17Sep'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14
Class A Preferred Shares
ASSETS
Cash and cash equivalents

1,220

1,255

4,496

8,088

115

53

6,732

55

52

224

356

5

Loans receivable - third parties, net of provision for loan losses of $61,882,048 and $6,404,996 as of December 31, 2017 and 2016, respectively

116,017

148,446

146,183

-

-

-

137,602

-

-

-

-

-

Loans receivable - related parties, net of provision for loan losses of $2,412,642 and $21,311 as of December 31, 2017 and 2016, respectively

1,244

3,245

2,109

-

-

-

1,102

-

-

-

-

-

Loans receivable - third parties

-

-

-

143,878

-

-

-

-

-

-

-

-

Loans receivable - related parties

-

-

-

0

-

-

-

-

-

-

-

-

Interest and fee receivables

6

3,281

1,075

1,186

-

-

673

-

-

-

-

-

Amount due from a related party

-

0

-

0

-

-

1,653

-

-

-

-

-

Cash and cash equivalents held in trust account

-

-

-

-

16,464

70,091

-

-

-

0

-

-

Other current assets

-

-

-

629

38

73

-

87

37

70

61

-

Deferred offering costs associated with proposed public offering

-

-

-

-

-

-

-

-

-

-

-

517

Total current assets

-

-

-

153,782

16,617

70,217

-

143

89

294

418

522

Cost method investment, net

0

3,756

3,599

3,749

-

-

3,851

-

-

-

-

-

Property and equipment, net

46

65

88

100

-

-

116

-

-

-

-

-

Intangible asset, net

80

81

55

59

-

-

0

-

-

-

-

-

Deferred tax assets

0

2,668

861

920

-

-

243

-

-

-

-

-

Other assets

1,004

520

485

-

-

-

374

-

-

-

-

-

Other non-current assets

-

-

-

34

-

-

-

-

-

-

-

-

Cash and investments held in trust account

-

-

-

-

-

-

-

70,009

69,991

69,984

69,977

-

Total Assets

119,620

163,323

158,956

158,647

16,617

70,217

152,350

70,152

70,081

70,279

70,395

522

LIABILITIES AND SHAREHOLDERS' EQUITY
Liabilities
Short-term bank loans

11,969

11,666

7,472

6,608

-

-

0

-

-

-

-

-

Loans from a cost investment investee

15,367

15,026

14,399

3,749

-

-

15,404

-

-

-

-

-

Loan from a third party

0

-

0

-

-

-

-

-

-

-

-

-

Secured loan payable

15,336

14,996

14,154

14,967

-

-

24,739

-

-

-

-

-

Dividends payable

480

480

4,108

2,060

-

-

6,623

-

-

-

-

-

Taxes payable

763

69

1,125

1,261

-

-

1,235

-

-

-

-

-

Accrued expenses

-

-

-

-

26

96

-

-

-

20

-

-

Due to Directors

-

-

-

-

-

-

-

-

-

-

-

16

Amounts due to related parties

-

-

-

-

143

17

-

-

-

0

6

172

Redeemed Ordinary shares payable

-

-

-

-

0

53,607

-

-

-

0

-

-

Accrued expenses

-

-

-

-

-

-

-

61

11

-

0

220

Amount due to directors

-

-

-

-

-

-

-

-

-

-

-

2

Convertible promissory note payable

0

0

650

650

500

500

0

300

-

0

-

-

Other liabilities

8,953

5,541

3,876

-

-

-

977

-

-

-

-

-

Other current liabilities

-

-

-

542

-

-

-

-

-

-

-

-

Promissory note - related party

-

-

-

-

1,100

687

-

-

-

0

-

-

Deferred legal fees

-

-

-

-

100

100

-

100

100

100

100

100

Total current liabilities

-

-

-

29,840

1,870

55,009

-

461

111

120

106

512

Loans from a cost investment investee - non-current portion

-

-

-

11,248

-

-

-

-

-

-

-

-

Other non-current liabilities

-

-

-

0

-

-

-

-

-

-

-

-

Total liabilities

52,870

47,780

45,787

41,089

1,870

55,009

48,980

461

111

120

106

512

Commitments and Contingencies

0

-

0

0

0

0

0

0

0

0

0

0

Convertible Redeemable Class A Preferred Shares
Preferred Shares, no par value, unlimited shares authorized; 715,000 shares issued and outstanding as of December 31, 2017 and 2016, respectively

-

8,794

-

-

0

0

0

0

0

0

0

0

Ordinary Shares, no par value; subject to possible redemption; 950,045 and 1,000,756 shares (at redemption value of $10.26 and $10.20 per share respectively) at June 30, 2016 and March 31, 2016 respectively

-

-

-

-

9,747

10,207

-

64,690

64,969

65,158

65,289

-

Shareholders' Equity
Ordinary Shares, no par value; unlimited shares authorized; 23,758,817 and 22,898,864 shares issued and outstanding as of December 31, 2017, and 2016, respectively

0

0

0

0

0

0

0

0

0

0

0

0

Additional paid-in capital

96,977

96,977

91,644

91,606

7,050

6,590

94,723

5,715

5,436

5,246

5,116

25

Statutory reserves

6,621

6,536

6,536

4,667

-

-

4,667

-

-

-

-

-

Retained earnings (deficit)

-41,807

7,615

15,691

17,560

-2,050

-1,590

6,064

-714

-436

-246

-116

-15

Accumulated other comprehensive loss

-4,008

-4,380

-9,616

-5,018

-

-

-2,085

-

-

-

-

-

Total Shareholders' Equity

57,783

106,748

104,255

108,816

5,000

5,000

103,369

5,000

5,000

5,000

5,000

9

Total Liabilities and Shareholders' Equity

119,620

163,323

158,956

158,647

16,617

70,217

152,350

70,152

70,081

70,279

70,395

522