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BUSINESS ACQUISITIONS (Tables)
12 Months Ended
Dec. 31, 2017
Business Acquisitions Tables  
Schedule of the net assets of Bayannaoer Mining

The details of the net assets of Bayannaoer Mining as at November 30, 2017 are as follows:

 

         

November 30,

2017

 
          CNY  
Cash and cash equivalents             631  
Other current assets             361  
Property, plant and equipment             336  
Current liabilities             (611 )
Net assets             717  
Schedule of analysis of the cash flows in respect of the acquisition of Double Grow

An analysis of the cash flows in respect of the acquisitions of Antay Pacha by Double Grow in the year 2015 and Bayannaoer Mining in the year 2017 is as follow:

 

  December 31,  
    2015     2016     2017     2017  
    CNY     CNY     CNY     US$  
                               
Cash consideration   (9 )           (717 )     (110 )
Cash and bank balances acquired   8,973             631       97  
Net cash flows from acquisition of subsidiaries, net   8,964             (86 )     (13 )