CTRIP COM INTERNATIONAL LTD CTRP Income Statement

Ctrip com international ltd (CTRP)

Income statement / Yearly

Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10
Revenues:
Accommodation reservation
1,462,793	1,052,709	712,687	515,976	365,754	273,270	236,244	-
Transportation ticketing
1,878,337	1,271,282	687,561	475,465	357,101	271,309	228,335	-
Packaged-tour
456,539	332,737	257,486	170,094	154,564	110,698	84,945	57,622
Corporate travel
115,767	87,587	73,056	60,182	44,103	32,063	25,677	19,645
Others
232,847	105,759	44,030	30,990	22,860	20,383	16,847	10,876
Total revenues
4,146,286	2,850,077	1,774,822	1,252,708	944,383	707,724	592,050	464,653
Less: Sales tax and surcharges
30,332	-	-	-	-	-	-	-
Hotel reservation
-	-	-	-	-	-	-	193,642
Air-ticketing
-	-	-	-	-	-	-	182,866
Less: business tax and related surcharges
-	80,605	92,528	68,600	54,556	40,192	36,260	28,102
Net revenues
4,115,953	2,769,471	1,682,294	1,184,108	889,826	667,532	555,789	436,550
Cost of revenues
719,027	681,225	469,826	338,556	229,077	166,576	127,922	94,736
Gross profit
3,396,926	2,088,245	1,212,468	845,552	660,749	500,955	427,867	341,813
Operating expenses:
Product development
1,269,420	1,107,218	508,921	374,133	205,778	146,370	95,566	68,765
Sales and marketing
1,274,793	844,149	476,703	356,865	209,692	157,943	99,238	68,680
General and administrative
402,968	362,785	168,020	138,856	106,778	91,569	63,692	44,651
Total operating expenses
2,947,182	2,314,153	1,153,645	869,856	522,248	395,883	258,498	182,098
Income/(loss) from operations
449,744	-225,907	58,822	-24,304	138,500	105,071	169,369	159,715
Interest income
151,792	81,685	68,814	49,089	33,048	26,612	16,842	5,694
Interest expense
197,698	105,418	46,686	26,166	9,422	-	-	-
Other income /(expense)
135,099	-3,866	382,997	23,209	26,945	20,912	18,688	-
Other income
-	-	-	-	-	-	-	15,019
Income/(loss) before income tax expense, equity in income of affiliates and non-controlling interests
538,938	-253,507	463,948	21,828	189,072	152,596	204,900	180,429
Income tax expense
196,812	68,847	72,584	21,084	48,522	47,274	41,657	31,063
Equity in income / (loss) of affiliates
-10,008	86,689	-20,960	14,022	9,176	5,512	9,139	10,026
Net income/(loss)
332,117	-235,666	370,402	14,766	149,727	110,834	172,382	159,392
Net loss/(income) attributable to non-controlling interests
2,896	-29,602	-16,712	-24,355	-15,183	-3,835	1,357	594
Net income/(loss) attributable to Ctrip.com International, Ltd.
329,221	-206,064	387,115	39,122	164,910	114,670	171,025	158,798
Net income/(loss)
332,117	-235,666	370,402	14,766	149,727	110,834	172,382	159,392
Other comprehensive income:
Foreign currency translation
111,173	-46,605	-75,630	-10,759	-2,340	3,377	-15,070	-10,606
Unrealized securities holding gains, net of tax
720,154	131,719	93,614	22,193	73,604	14,871	-	-
Reclassification adjustment for net gain recognized on disposal of available-for-sale investments
6,140	20,258	-	-	-	-	-	-
Unrealized securities holding gains / (losses)
-	-	-	-	-	-	-43,945	52,532
Total comprehensive income/(loss)
1,157,305	-170,810	388,386	26,201	220,991	129,082	113,367	201,319
Comprehensive loss/ (income) attributable to non-controlling interests
2,896	-29,602	-16,712	-24,355	-15,183	-3,835	1,357	594
Comprehensive income/(loss) attributable to Ctrip.com International, Ltd.
1,154,409	-141,207	405,099	50,556	236,175	132,918	112,009	200,724
Earnings/(loss) per ordinary share/ADS
- Basic (in RMB or dollars per share)
-	-	-	-	-	-	-	4.49
- Diluted (in RMB or dollars per share)
-	-	-	-	-	-	-	4.23
Weighted average ordinary shares outstanding
- Basic shares (in shares)
66,300	59,166	37,797	34,289	32,905	34,236	35,977	35,385
- Diluted shares (in shares)
71,775	59,166	47,375	38,207	38,069	36,090	38,030	37,577
Share-based compensation included in Operating expense above is as follows:
Share-based compensation
-	-	-	-	-	-	54,464	-
Product development
-	-	-	-	-	-	-	68,765
Sales and marketing
1,274,793	-	-	-	-	-	-	68,680
General and administrative
402,968	-	-	-	-	-	-	44,651