Fang holdings ltd (SFUN)
CashFlow / Yearly
Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)

21,704

-169,635

-15,133

253,217

298,662

151,804

101,597

63,148

52,610

Adjustments to reconcile net income (loss) to net cash generated from (used in) operating activities:
Share-based compensation

7,218

6,552

4,497

4,682

7,028

7,149

7,170

5,075

4,140

Depreciation of property and equipment

27,961

25,004

14,668

11,624

9,701

6,376

4,100

2,378

1,213

Deferred tax benefits

-317

-2,250

-32,361

27,339

15,482

24,867

27,680

2,601

-7,860

Allowance for doubtful accounts

32,614

29,712

18,649

17,377

13,437

12,339

16,368

6,775

4,430

Allowance for funds receivable

0

2,322

0

0

-

-

-

-

-

Realized and unrealized gain related to investment securities

3,254

10,583

0

-

-

-

-

-

-

Realized gain on available-for-sale security

-

-

-

0

821

0

-721

-

-

Impairment on investments

2,768

2,232

0

8,417

-

-

-

-

-

Unrealized foreign exchange loss

-

-

-

-

-

-

-

-483

-41

Other-than-temporary impairment on available-for-sale security

-

-

-

-

0

14

3,622

-

-

Amortization of loan origination costs

191

1,302

1,393

1,812

3,483

2,558

1,280

-

-

Amortization of issuance costs for convertible senior notes

1,797

4,964

3,196

3,033

164

0

-

-

-

Loss on disposal of property and equipment

-5,571

-719

0

0

-

-

-

-

-

Deemed rental expense (Note 18)

159

154

169

174

175

142

-

-

-

Allowance for commitment deposit

206

0

0

-

-

-

-

-

-

Gain on bargain purchase

-

-

-

-

102

0

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

437

-16,190

118,797

22,697

25,457

14,600

19,817

14,608

7,053

Funds receivable

-2,330

-7,769

-13,177

25,173

29,288

7,600

-

-

-

Inventories

-

-

-

-

-

-

-

-4,559

4,390

Prepayments and other current assets

-9,405

-16,730

35,333

-8,799

12,330

-1,266

-2,386

8,425

551

Commitment deposits

-816

-4,119

-36,666

47,312

0

0

-

-

-

Loans receivable, current

-30,901

-214,824

53,340

2,009

-

-

-

-

-

Loans receivable, current

-

-

-

-

0

0

-

-

-

Loans receivable, non-current

-14,800

-36,158

192,059

79,641

0

0

-

-

-

Amounts due from a related party

445

-273

262

0

0

-1,595

1,595

-

-

Other non-current assets

-5,644

317

-2,250

4,275

-107

12,009

172

896

52

Deferred revenue

30,260

-6,535

33,099

4,420

46,426

4,510

205

26,399

12,821

Accrued expenses and other liabilities

-39,343

-17,574

106,412

50,085

41,408

27,032

381

7,987

7,912

Customers refundable fees

-22,651

-27,580

19,161

-10,502

33,527

5,998

12,412

-

-

Income tax payable

-1,685

-3,437

29,346

15,064

6,398

7,452

1,363

11,034

2,705

Amounts due to a related party

0

0

-657

120

537

0

-

-

-

Other non-current liabilities

676

127

-51

-95

-481

0

-

-

-

Net cash generated from (used in) operating activities

-

-

-

214,459

408,056

218,893

-

-

-

Net cash generated from (used in) operating activities

126,889

131,240

-165,310

-

-

-

157,701

106,510

65,966

CASH FLOWS FROM INVESTING ACTIVITIES
Acquisition of short-term investments

383,064

73,804

129,759

-

-

-

-

-

-

Acquisition of fixed-rate time deposits

-

-

-

1,268,688

9,984

49,260

204,173

89,495

35,864

Acquisition of trading securities

-

-

-

-

-

-

-

7,550

-

Acquisition of available-for-sale security

-

-

-

-

-

-

-

5,000

-

Loans to third parties

-

-

-

-

-

-

14,800

10,508

-

Proceeds from collection of loans to third parties

-

-

-

-

-

26,143

-

-

-

Proceeds from maturity of trading securities

-

-

-

-

-

-

7,550

-

-

Proceeds from maturity of fixed-rate time deposits

373,363

89,952

507,007

822,804

25,843

31,781

250,816

68,892

32,204

Proceeds from disposal of available-for-sale securities

13,931

13,074

0

0

1,464

0

-

-

-

Acquisition of property and equipment

65,885

24,576

45,151

7,976

6,730

18,115

60,115

5,630

1,642

Origination of loans receivable

212,824

-

-

-

-

-

-

-

-

Repayment of loans receivable

86,931

0

0

-

-

-

-

-

-

Payment for business acquisitions

-

-

-

9,806

12,781

111,367

-

-

-

Purchase of land use right

34,263

0

54

0

0

-

-

-

-

Acquisition of long-term investments

13,000

4,902

127,388

119,312

0

0

-

-

-

Proceeds from disposal of property and equipment

5,755

924

635

96

138

274

491

147

107

Deposits for non-current assets

55,456

128,614

146,728

48,249

37,720

8,750

-

4,600

-

Net cash (used in) generated from investing activities

-

-

-

-631,131

-39,770

-129,294

-

-

-

Change in amounts due from related parties

-

-

-

-

-

-

-

7,648

-6,839

Net cash (used in) generated from investing activities

-284,512

-127,946

58,562

-

-

-

-20,231

-46,096

-12,034

CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issuance of Class A ordinary shares

0

0

346,775

0

0

-

-

-

-

Repurchase of shares and vested options

-

-

-

-

-

-

-

-

548

Proceeds from exercise of share options

4,785

1,664

8,416

12,485

26,011

16,681

5,981

310

-

Proceeds from initial public offering

-

-

-

-

-

-

-

10,494

-

Proceeds from issuance of shares by a PRC Domestic Entitys subsidiary

0

0

718

80

0

636

-

-

-

Loan from noncontrolling interests

-

-

-

-

-

5,728

-

-

-

Proceeds from short-term loans

0

296,558

72,750

0

0

46,000

255,570

3,600

-

Proceeds from long-term loans

111,475

67,721

0

0

100,000

80,750

-

-

-

Repayment of loans

43,989

182,362

153,500

90,000

180,670

30,900

3,600

-

-

Proceeds from issuances of convertible senior notes

0

0

300,000

50,000

350,000

0

-

-

-

Redemption of convertible senior notes

0

394,300

-

-

-

-

-

-

-

Repurchase of ordinary shares

0

136,615

-

-

-

-

-

-

-

Payment of issuance costs for convertible senior notes

0

0

0

1,144

8,420

0

-

-

-

Return of share capital to noncontrolling interest holder upon disposal of a PRC Domestic Entity's subsidiary

-

-

-

-

683

0

-

-

-

Repayment of loans from noncontrolling interests

-

-

-

-

5,728

0

-

-

-

Payment of loan origination costs

302

0

15

781

4,097

3,338

2,079

-

-

Payment of dividends

0

0

82,751

82,380

81,046

131,012

142,214

-

24,241

Changes in restricted cash

-37,959

-118,281

95,078

303,805

-108,218

-107,145

-277,320

-

-

Net cash generated from financing activities

-

-

-

192,065

87,149

-122,600

-

-

-

Net cash generated from (used in) financing activities

34,010

-465,615

587,471

-

-

-

-163,662

14,404

-24,789

Exchange rate effect on cash and cash equivalents

15,361

-19,072

-17,562

-1,643

7,408

754

5,086

4,463

74

Net (decrease) increase in cash and cash equivalents

-108,252

-481,393

463,161

-226,250

462,843

-32,247

-21,106

79,281

29,217

Supplemental schedule of cash flow information:
Income tax paid

7,979

6,664

6,674

12,198

38,705

13,187

10,629

3,955

1,657

Interest Paid, Net

16,895

19,418

13,245

-

-

-

-

-

-

Interest paid

-

-

-

16,069

13,884

8,959

2,224

-

-

Acquisition of property and equipment through utilization of deposits

244,568

14,345

90,713

0

111,367

0

4,600

-

52

Acquisition of property and equipment included in accrued expenses and other liabilities

6,121

0

0

-

-

-

-

-

-

Long-term investments received in settlement of funds receivable

12,058

13,947

0

-

-

-

-

-

-

Non-monetary exchange of services for prepaid cards

-

-

-

-

-

-

-

13,739

-

Non-monetary exchange of services for prepaid cards

-

-

-

-

-

-

-

-

9,252