21vianet group, inc. (VNET)
Balance Sheet / Quarterly
Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11
Class A Ordinary Shares
Class B Ordinary Shares
ASSETS
Current assets:
Cash and cash equivalents

299,653

186,867

260,128

103,861

240,986

69,382

65,204

Restricted cash

37,271

282,812

30,138

26,053

31,885

30,781

727

Accounts and notes receivable (net of allowance for doubtful debt of RMB80,910 and RMB73,656 (US$11,321) as of December 31, 2016 and 2017, respectively)

70,057

94,406

107,152

119,258

-

-

-

Accounts receivable (net of allowance for doubtful accounts of RMB341 and RMB547 (US$90) as of December 31, 2012 and 2013, respectively)

-

-

-

-

100,833

47,089

23,455

Short-term investments

84,363

40,033

16,193

146,866

182,009

35,746

142,128

Inventories

109

638

2,090

1,621

-

-

-

Prepaid expenses and other current assets

143,514

111,930

100,748

49,869

25,584

15,370

7,559

Deferred tax assets

-

6,245

4,803

5,641

2,943

1,378

774

Amounts due from related parties

17,561

26,302

16,230

8,843

11,150

3,006

6,616

Total current assets

652,528

749,233

537,482

462,012

595,390

202,752

246,463

Non-current assets:
Property and equipment, net

510,186

544,666

563,937

489,429

231,623

132,054

72,115

Intangible assets, net

61,650

140,766

196,697

226,357

55,650

48,781

25,332

Land use rights, net

25,156

24,146

9,985

10,665

-

-

-

Goodwill

152,088

252,912

271,075

283,011

67,810

47,622

34,547

Restricted cash

514

4,831

19,839

19,569

36,185

35,574

-

Deferred tax assets

26,562

8,255

7,240

6,862

2,337

1,803

2,029

Long-term investments

78,528

43,046

30,706

20,357

17,630

9,245

1,303

Amounts due from related parties

3,106

-

10,806

15,875

-

-

-

Other non-current assets

12,539

21,216

29,330

19,576

6,238

-

-

Total non-current assets

870,329

1,039,838

1,139,615

1,091,701

417,473

275,079

135,326

Total assets

1,522,857

1,789,071

1,677,097

1,553,713

1,012,863

477,831

381,789

LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Short-term bank borrowings (including short-term bank borrowings of the Consolidated VIEs without recourse to the primary beneficiaries of RMB183,676 and RMB50,000 (US$7,685) as of December 31, 2016 and 2017, respectively)

7,685

242,500

42,607

25,816

28,697

-

-

Accounts and notes payable (including accounts and notes payable of the Consolidated VIEs without recourse to the primary beneficiaries of RMB441,847 and RMB157,970 (US$24,280) as of December 31, 2016 and 2017, respectively)

38,869

76,274

74,504

62,224

-

-

-

Accrued expenses and other payables (including accrued expenses and other payables of the Consolidated VIEs without recourse to the primary beneficiaries of RMB525,613 and RMB368,190 (US$56,590) as of December 31, 2016 and 2017, respectively)

100,999

113,484

98,483

96,620

-

-

-

Short-term bank borrowings (including short-term bank borrowings of the Consolidated VIE without recourse to 21Vianet Group, Inc. of RMB100,000 and RMB176,961 (US$28,404) as of December 31, 2011 and 2012, respectively)

-

-

-

-

-

28,404

15,888

Accounts payable (including accounts payable the Consolidated VIEs without recourse to the primary beneficiaries of RMB108,860 and RMB186,381 (US$30,788) as of December 31, 201 and 2013, respectively)

-

-

-

-

31,091

17,587

13,049

Notes payable (including notes payable of the Consolidated VIE without recourse to 21Vianet Group, Inc. of RMB4,441 and RMB4,578 (US$727) as of December 31, 2010 and 2011, respectively)

-

-

-

-

-

-

727

Accrued expenses and other payables (includin accrued expenses and other payables of the Consolidated VIEs without recourse to the primary beneficiaries of RMB124,886 and RMB195,817 (US$32,347) as of December 31, 201 and 2013, respectively)

-

-

-

-

48,304

26,890

19,753

Advances from customers (including advances from customers of the Consolidated VIEs without recourse to the primary beneficiaries of RMB201,397 and RMB403,244 (US$61,977) as of December 31, 2016 and 2017, respectively)

61,977

29,007

28,683

15,743

5,468

3,688

3,692

Deferred revenue (including deferred revenue of the Consolidated VIEs without recourse to the primary beneficiaries of RMB311,191 and RMB49,699 (US$7,639) as of December 31, 2016 and 2017, respectively)

8,569

46,093

52,812

55,997

-

-

-

Income taxes payable (including income taxes payable of the Consolidated VIEs without recourse to the primary beneficiaries of RMB25,466 and RMB7,400 (US$1,137) as of December 31, 2016 and 2017, respectively)

2,046

3,154

7,712

5,643

1,896

3,773

895

Amounts due to related parties (including amounts due to related parties-current of the Consolidated VIEs without recourse to the primary beneficiaries of RMB53,295 and RMB16,053 (US$2,467) as of December 31, 2016 and 2017, respectively)

8,557

17,561

61,377

52,671

24,398

16,860

15,351

Current portion of long-term bank borrowings (including current portion of long-term bank borrowings of the Consolidated VIEs without recourse to the primary beneficiaries of RMB12,564 and RMB70,289 (US$10,803) as of December 31, 2016 and 2017, respectively)

10,803

5,661

5,990

154,022

-

-

-

Current portion of long term bank borrowings (including current portion of long term bank borrowings of the Consolidated VIEs without recourse to the primary beneficiaries of nil and nil as of December 31, 2012 and 2013, respectively)

-

-

-

-

32,542

-

-

Current portion of long term bank borrowings (including current portion of long term bank borrowings of the Consolidated VIE without recourse to 21Vianet Group, Inc. of nil and nil as of December 31, 2011 and 2012, respectively)

-

-

-

-

-

26,946

-

Current portion of capital lease obligations (including current portion of capital lease obligations of the Consolidated VIEs without recourse to the primary beneficiaries of RMB203,394 and RMB201,315 (US$30,942) as of December 31, 2016 and 2017, respectively)

30,942

35,103

21,688

11,594

2,412

5,894

4,133

Deferred government grants (including deferred government grants of the Consolidated VIEs without recourse to the primary beneficiaries of RMB5,107 and RMB4,574 (US$703) as of December 31, 2016 and 2017, respectively)

703

736

977

991

-

-

-

Bonds payable (including bonds payable of the Consolidated VIEs without recourse to the primary beneficiaries of nil and nil as of December 31, 2016 and 2017, respectively)

1,712

60,394

40,793

-

-

-

-

Deferred tax liabilities (including deferred tax liabilities of the Consolidated VIEs without recourse to the primary beneficiaries of RMB2,696 and nil as of December 31, 2014 and 2015, respectively)

-

-

-

435

515

-

-

Total current liabilities

272,862

629,967

435,626

481,756

175,323

130,042

73,488

Non-current liabilities:
Amounts due to related parties (including amounts due to related parties of the Consolidated VIEs without recourse to the primary beneficiaries of nil and nil as of December 31, 2015 and 2016, respectively)

-

-

4,227

45,245

12,938

13,855

19,780

Long-term bank borrowings (including long-term bank borrowings of the Consolidated VIEs without recourse to the primary beneficiaries of RMB219,055 and RMB187,638 (US$28,839) as of December 31, 2016 and 2017, respectively)

28,839

38,632

-

-

-

-

-

Long-term bank and other borrowings (including long-term bank and other borrowings of the Consolidated VIEs without recourse to the primary beneficiaries of nil and RMB27,534 (US$4,251) as of December 31, 2014 and 2015, respectively)

-

-

15,965

9,940

159,529

-

-

Deferred revenue (including deferred revenue of the Consolidated VIEs without recourse to the primary beneficiaries of RMB62,531 and nil as of December 31, 2016 and 2017, respectively)

-

9,006

10,580

11,934

-

-

-

Bonds payable (including bonds payable of the Consolidated VIEs without recourse to the primary beneficiaries of nil and nil as of December 31, 2016 and 2017, respectively)

294,802

-

308,747

-

-

-

-

Bonds payable (including bonds payable of the Consolidated VIEs without recourse to the primary beneficiaries of nil and nil as of December 31, 2013 and 2014, respectively)

-

-

-

364,901

164,941

-

-

Long-term borrowings (including long-term borrowings of the Consolidated VIE without recourse to 21Vianet Group, Inc. of nil and nil as of December 31, 2011 and 2012, respectively)

-

-

-

-

-

10,112

-

Non-current portion of capital lease obligations (including non-current portion of capital lease obligations of the Consolidated VIEs without recourse to the primary beneficiaries of RMB581,568 and RMB687,176 (US$105,617) as of December 31, 2016 and 2017, respectively)

92,354

77,290

89,393

82,468

55,691

8,403

11,741

Unrecognized tax benefits (including unrecognized tax benefits of the Consolidated VIEs without recourse to the primary beneficiaries of RMB24,153 and RMB13,225 (US$2,033) as of December 31, 2016 and 2017, respectively)

2,538

4,132

2,237

3,296

3,066

1,981

-

Unrecognized tax benefits (including unrecognized tax benefits of the Consolidated VIE without recourse to 21Vianet Group, Inc. of RMB5,482 and RMB26,712 (US$4,244) as of December 31, 2010 and 2011, respectively)

-

-

-

-

-

-

4,258

Deferred tax liabilities (including deferred tax liabilities of the Consolidated VIEs without recourse to the primary beneficiaries of RMB182,877 and RMB109,339 (US$16,805) as of December 31, 2016 and 2017, respectively)

29,337

39,565

45,264

50,018

12,983

7,169

6,305

Deferred government grants (including deferred government grants of the Consolidated VIEs without recourse to the primary beneficiaries of RMB25,886 and RMB17,861 (US$2,745) as of December 31, 2016 and 2017, respectively)

2,745

3,728

4,830

4,420

2,981

3,016

925

Mandatorily redeemable noncontrolling interests (including mandatorily redeemable noncontrolling interests of the Consolidated VIEs without recourse to the primary beneficiaries of RMB100,000 and nil as of December 31, 2015 and 2016, respectively)

-

-

15,437

16,117

-

-

-

Mandatorily redeemable noncontrolling interests (including mandatorily redeemable noncontrolling interests of the Consolidated VIEs without recourse to the primary beneficiaries of nil and RMB100,000 (US$16,519) as of December 31, 2012 and 2013, respectively)

-

-

-

-

16,519

-

-

Total non-current liabilities

450,615

172,353

496,680

588,339

428,648

44,536

43,009

Total liabilities

723,477

802,320

932,306

1,070,095

603,971

174,578

116,497

Commitments and contingencies

0

0

0

0

0

0

0

Redeemable noncontrolling interest

-

100,821

121,990

124,699

-

-

-

Shareholders' equity:
Additional paid-incapital

1,380,263

1,298,551

988,471

680,951

651,629

-

-

Additional paid-in capital

-

-

-

-

-

528,861

520,767

Accumulated other comprehensive income (loss)

-411

17,037

-3,741

-10,598

-13,643

-9,208

-8,704

Statutory reserves

5,954

9,308

9,752

8,423

5,811

4,153

2,516

Accumulated deficit

-557,813

-413,226

-344,867

-289,297

-236,120

-220,204

-225,324

Treasury stock

51,901

29,462

29,816

34,437

1,473

3,323

26,695

Total 21Vianet Group, Inc. shareholders' equity

776,099

882,214

619,804

355,046

406,208

300,283

262,564

Noncontrolling interest

23,281

3,716

2,997

3,873

2,684

2,970

2,728

Total shareholders' equity

799,380

885,930

622,801

358,919

408,892

303,253

265,292

Total liabilities, redeemable noncontrolling interests and shareholders' equity

1,522,857

1,789,071

1,677,097

1,553,713

1,012,863

477,831

381,789