Schedule of financial information of discontinued operations |
The major classes of line items constituting operating results of discontinued operations included in the Company’s consolidated statements of comprehensive income (loss) were as follows for the year ended March 31, 2017, nine months ended December 31, 2017 and the year ended December 31, 2018.
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Twelve months ended
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Nine months ended
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Twelve months ended
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March 31
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December 31
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December 31
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2017
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2017
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2018
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RMB
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RMB
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RMB
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Net revenues
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463,554,326
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484,873,277
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194,939,146
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Cost of revenues
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235,445,230
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255,263,889
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116,432,436
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Operating expenses
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99,797,557
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101,413,368
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104,587,110
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Other income (loss)
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(41,461,167)
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3,962,257
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6,929,814
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Income (loss) from operations of discontinued operations, before income taxes
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86,850,372
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132,158,277
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(19,150,586)
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Income tax expense (benefit)
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37,079,180
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31,517,344
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(199,617)
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Income (loss) from operations of discontinued operations, net of income taxes
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49,771,192
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100,640,933
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(18,950,969)
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Gain from disposal of discontinued operations, net of income taxes
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—
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—
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937,605,948
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Income from discontinued operations, net of income taxes
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49,771,192
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100,640,933
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918,654,979
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Net loss attributable to non-redeemable non-controlling interests from discontinued operations
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(253,405)
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(352,101)
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(10,608)
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Net Income from discontinued operations attributable to ATA Inc.
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50,024,597
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100,993,034
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918,665,587
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The major classes of line items constituting assets and liabilities of discontinued operations were as follows as of December 31, 2017.
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December 31, 2017
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RMB
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ASSETS
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Cash and cash equivalents
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202,612,448
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Accounts receivable, net
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100,052,120
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Total current assets
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310,014,014
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Total assets
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389,565,182
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LIABILITIES AND SHAREHOLDERS’ EQUITY
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Accrued expenses and other payables
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54,096,372
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Total current liabilities
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111,721,090
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Total liabilities
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137,019,657
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The condensed cash flows of the discontinued operations were as follows for the year ended March 31, 2017, nine months ended December 31, 2017, and the year ended December 31, 2018.
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Twelve months ended
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Nine months ended
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Twelve months ended
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March 31
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December 31
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December 31
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2017
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2017
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2018
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RMB
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RMB
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RMB
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Net cash provided by (used in) operating activities
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80,794,278
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133,225,150
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(25,108,520)
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Net cash used in investing activities
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(14,060,170)
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(22,052,885)
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(8,666,299)
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Net cash used in financing activities
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—
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(93,811,830)
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(21,098,633)
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