Print Page     Close Window     

SEC Filings

20-F
IKANG HEALTHCARE GROUP, INC. filed this Form 20-F on 08/10/2018
Entire Document
 

Table of Contents

 

IKANG HEALTHCARE GROUP, INC.

 

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued

FOR THE YEARS ENDED MARCH 31, 2016, 2017 AND 2018

(In thousands of US dollars, except share and per share data, or otherwise noted)

 

21.          SEGMENT INFORMATION - continued

 

Substantially all of the Group’s revenues for the years ended March 31, 2016, 2017 and 2018 were generated from the PRC entities. Substantially all of the Group’s long-lived assets are located in the PRC as of March 31, 2017 and 2018.

 

22.                               COMMITMENTS AND CONTINGENCIES

 

Commitments

 

(1)                                 Operating lease as lessee

 

The Group leases its clinics and offices under non-cancelable operating lease agreements. These leases expire through 2036 and are renewable upon negotiation. Rental expenses under the operating leases for the years ended March 31, 2016, 2017 and 2018 were $51,719, $67,250 and $74,695, respectively.

 

Future minimum lease payments under such leases as of March 31, 2018 were as follows:

 

2019

 

$

75,466

 

2020

 

68,424

 

2021

 

60,701

 

2022

 

52,628

 

2023

 

46,853

 

After 2023

 

112,752

 

 

 

$

416,824

 

 

(2)                                 Future minimum principal payments related to the Company’s short-term and long-term borrowings as of March 31, 2018 are as follows (see Note 12 and Note 13):

 

2019

 

$

196,450

 

2020

 

2,567

 

2021

 

34,453

 

2022

 

1,864

 

2023

 

 

After 2023

 

 

 

 

$

235,334

 

 

F-60



Copyright © 2015- iKang Healthcare Group, Inc. All Rights Reserved.