Page 11 - Reconciliations of GAAP and Non-GAAP Results

 

 

 

Reconciliations of GAAP and Non-GAAP Results

(In RMB, except per share information)

  

      Year Ended December 31, 2015  
      GAAP Result       Share-based Compensation       Amortization of acquired intangible assets       Non-GAAP Result  
                                 
Cost of revenues     (7,274,675,420 )     784,680       292,453       (7,273,598,287 )
                                 
Research and product development     (298,199,228 )     3,537,691       715,189       (293,946,348 )
Sales and marketing     (1,154,155,011 )     1,135,795       55,149,558       (1,097,869,658 )
General and administrative     (385,442,097 )     59,684,988       615,882       (325,141,227 )
Other operating income     12,174,709       -       -       12,174,709  
Total operating expenses     (1,825,621,627 )     64,358,474       56,480,629       (1,704,782,524 )
                                 
Loss from operations     (1,455,037,388 )     65,143,154       56,773,082       (1,333,121,152 )
                                 
Net loss     (1,462,384,223 )     65,143,154       56,773,082       (1,340,467,987 )
                                 
Net loss attributable to Tuniu's shareholders     (1,459,378,644 )     65,143,154       56,773,082       (1,337,462,408 )
                                 
Net loss per ordinary share attributable to ordinary
shareholders - basic and diluted
    (5.88 )                     (5.39 )
Net loss per ADS - basic and diluted     (17.63 )                     (16.16 )

  

      Year Ended December 31, 2014  
      GAAP Result       Share-based Compensation       Amortization of acquired intangible assets       Non-GAAP Result  
                         
Cost of revenues     (3,308,800,795 )     799,880       -       (3,308,000,915 )
                                 
Research and product development     (104,881,535 )     1,971,655       -       (102,909,880 )
Sales and marketing     (434,191,090 )     856,858       -       (433,334,232 )
General and administrative     (166,987,647 )     35,544,285       -       (131,443,362 )
Other operating income     6,901,814       -       -       6,901,814  
Total operating expenses     (699,158,458 )     38,372,798       -       (660,785,660 )
                                 
Loss from operations     (473,020,074 )     39,172,678       -       (433,847,396 )
                                 
Net loss     (447,857,851 )     39,172,678       -       (408,685,173 )
                                 
Net loss attributable to Tuniu's shareholders     (463,463,759 )     39,172,678       -       (424,291,081 )
                                 
Net loss per ordinary share attributable to ordinary
shareholders - basic and diluted
    (4.38 )                     (4.01 )
Net loss per ADS - basic and diluted     (13.15 )                     (12.04 )