CTRP » Topics » 4. LONG-TERM DEPOSITS

This excerpt taken from the CTRP 20-F filed Apr 29, 2008.

4. LONG-TERM DEPOSITS

The Group’s subsidiaries and VIEs are required to pay certain amounts of deposit to airline companies to obtain blank air tickets for sales to customers. The subsidiaries and VIEs are also required to pay deposit to local Travel Bureau as pledge for insurance of traveler’s safety.

Components of long-term deposit as of December 31, 2006 and 2007 were as follows:

 

     2006    2007
     RMB    RMB

Deposits paid to airline suppliers

   69,987,550    136,681,643

Deposit paid to travel bureau

   4,200,000    4,800,000

Others

   5,987,434    5,611,347
         

Total

   80,174,984    147,092,990
         
This excerpt taken from the CTRP 20-F filed Apr 12, 2007.

4. LONG-TERM DEPOSITS

The Group’s subsidiaries and VIEs are required to pay certain amounts of deposit to airline companies to obtain blank air tickets for sales to customers. The subsidiaries and VIEs are also required to pay deposit to local Travel Bureau as pledge for insurance of traveler’s safety.

Components of long-term deposit as of December 31, 2005 and 2006 were as follows:

 

     2005    2006
     RMB    RMB

Deposits paid to airline suppliers

   48,167,800    69,987,550

Deposit paid to travel bureau

   2,400,000    4,200,000

Others

   3,717,001    5,987,434
         

Total

   54,284,801    80,174,984
         
This excerpt taken from the CTRP 20-F filed Jun 26, 2006.

5. LONG-TERM DEPOSITS

The Group’s subsidiaries and VIEs are required to pay certain amounts of deposit to airline companies to obtain blank air tickets for sales to customers. The subsidiaries and VIEs are also required to pay deposit to local Travel Bureau as pledge for insurance of traveler’s safety. All long-term deposits are refundable and cancelable.

Components of long-term deposit as of December 31 are as follows:

 

     2004    2005
     RMB    RMB

Deposits paid to airline suppliers

   23,306,500    48,167,800

Deposit paid to travel bureau

   1,150,000    2,400,000

Others

   2,259,047    3,717,001
         

Total

   26,715,547    54,284,801
         
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki