UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____________________
FORM 6-K/A
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of August 2015
Commission File Number: 1-34598
IFM INVESTMENTS LIMITED
9/A5, East Wing, Hanwei Plaza
No.7 Guanghua Road, Chaoyang District
Beijing, 100004
People’s Republic of China
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F x Form 40-F ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes ¨ No x
(If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- )
EXPLANATORY NOTE
IFM Investments Limited (the “Company”) is furnishing this report on Form 6-K/A to amend its Form 6-K report furnished on August 18, 2015 (the “August 18 Report”) to correct a currency translation error on its condensed consolidated balance sheets as of December 31, 2014 and June 30, 2015, which were included in Exhibit 99.1 to the August 18 Report. The only correction made by the Company in this report is as follows:
· | The U.S. dollar amount (in thousands) for the line item of “total liabilities, redeemable non-controlling interest and shareholders’ equity” as of June 30, 2015 is US$112,376. |
The correction only impacts this line item on the Company’s condensed consolidated balance sheets included in the August 18 Report, and no other financial statements included in the August 18 Report are impacted. As a result of this Form 6-K/A, the information being furnished herein replaces and supersedes the same information which had been previously provided in the August 18 Report, and such information which has been so replaced and superseded should no longer be relied upon.
2 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
IFM INVESTMENTS LIMITED | ||
By: | /s/ Steve Ye | |
Name: | Steve Ye | |
Title: | Chief Financial Officer |
Date: August 26, 2015
3 |
INFORMATION CONTAINED IN THIS FORM 6-K/A REPORT
This report contains IFM Investments Limited’s condensed consolidated balance sheets as of December 31, 2014 and June 30, 2015, as amended, which replaces and supersedes the condensed consolidated balance sheets as of December 31, 2014 and June 30, 2015 furnished in the August 18 Report.
EXHIBITS
Exhibit 99.1 -- | Condensed Consolidated Balance Sheets as of December 31, 2014 and June 30, 2015. |
4 |
Exhibit 99.1
IFM Investments Limited
Condensed Consolidated Balance Sheets
(in thousands)
December 31, | June 30, | June 30, | ||||||||||
2014 | 2015 | 2015 | ||||||||||
RMB | RMB | US$ | ||||||||||
Audited | Unaudited | Unaudited | ||||||||||
ASSETS | ||||||||||||
Current assets: | ||||||||||||
Cash and cash equivalents | 47,616 | 34,286 | 5,530 | |||||||||
Restricted cash | 8,903 | 6,835 | 1,102 | |||||||||
Accounts receivable, net | 156,786 | 130,873 | 21,109 | |||||||||
Amounts due from related parties | 237 | 264 | 43 | |||||||||
Loans receivable | 259,738 | 273,248 | 44,072 | |||||||||
Prepaid expenses and other current assets | 20,998 | 26,953 | 4,347 | |||||||||
Deferred tax assets | 14,437 | 13,795 | 2,225 | |||||||||
Total current assets | 508,715 | 486,254 | 78,428 | |||||||||
Non-current assets: | ||||||||||||
Investment in associates | 17,062 | 18,009 | 2,905 | |||||||||
Property and equipment, net | 18,129 | 14,469 | 2,334 | |||||||||
Intangible assets, net | 79,877 | 77,462 | 12,494 | |||||||||
Goodwill | 83,559 | 83,559 | 13,477 | |||||||||
Other non-current assets | 15,379 | 12,142 | 1,958 | |||||||||
Deferred tax assets | 3,566 | 4,837 | 780 | |||||||||
Total assets | 726,287 | 696,732 | 112,376 | |||||||||
LIABILITIES, REDEEMABLE NON-CONTROLLING INTEREST AND SHAREHOLDERS' EQUITY | ||||||||||||
Current liabilities: | ||||||||||||
Accounts payable | 8,821 | 8,732 | 1,408 | |||||||||
Accrued expenses and other current liabilities | 429,376 | 418,925 | 67,568 | |||||||||
Amounts due to related parties | 11,782 | 10,782 | 1,739 | |||||||||
Deferred revenue | 7,815 | 1,059 | 171 | |||||||||
Short term loan | 4,900 | 4,990 | 805 | |||||||||
Contingent consideration payable | 5,623 | 5,623 | 907 | |||||||||
Total current liabilities | 468,317 | 450,111 | 72,598 | |||||||||
Long-term deposits payable | 10,430 | 9,937 | 1,603 | |||||||||
Deferred tax liabilities | 15,008 | 14,662 | 2,365 | |||||||||
Total liabilities | 493,755 | 474,710 | 76,566 | |||||||||
Shareholders' equity: | ||||||||||||
Class A ordinary shares (US$0.001 par value, 3,133,000 and 3,133,000 shares authorized as of December 31, 2014 and June 30, 2015, respectively; 669,233 and 669,233 shares issued and outstanding as of December 31, 2014 and June 30, 2015, respectively) | 4,949 | 4,949 | 798 | |||||||||
Additional paid-in capital | 1,036,336 | 1,036,402 | 167,162 | |||||||||
Statutory reserves | 5,595 | 5,595 | 902 | |||||||||
Accumulated deficit | (856,209 | ) | (866,463 | ) | (139,752 | ) | ||||||
Total IFM Investments Limited shareholders' equity | 190,671 | 180,483 | 29,110 | |||||||||
Non-controlling interest | 41,861 | 41,539 | 6,700 | |||||||||
Total shareholders' equity | 232,532 | 222,022 | 35,810 | |||||||||
TOTAL LIABILITIES, REDEEMABLE NON-CONTROLLING INTEREST AND SHAREHOLDERS' EQUITY | 726,287 | 696,732 | 112,376 |
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end