Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

OPERATING LEASES (Tables)

v3.2.0.727
OPERATING LEASES (Tables)
12 Months Ended
Mar. 31, 2015
OPERATING LEASES  
Schedule of property on operating leases

Property on Operating Lease

 

 

 

March 31, 2014

 

March 31, 2015

 

 

 

RMB

 

RMB

 

Building

 

26,251,157

 

26,251,157

 

Less: Accumulated depreciation

 

(4,156,433

)

(5,038,472

)

 

 

 

 

 

 

 

 

22,094,724

 

21,212,685

 

 

 

 

 

 

 

 

Schedule of future minimum rentals under non-cancelable operating leases

Rentals under Operating Lease

 

Future minimum rentals under non-cancelable operating lease as of March 31, 2015 are:

 

 

 

Minimum

 

 

 

Rentals Amount

 

 

 

RMB

 

Year ended March 31:

 

 

 

2016

 

3,308,825 

 

2017

 

3,475,825 

 

2018

 

3,647,360 

 

2019

 

3,830,195 

 

2020

 

3,663,927 

 

Thereafter

 

 

 

 

 

 

 

 

17,926,132