(5) Property development
In 2014, Metro Grouprealized the income of 78.71 million RMB Yuanin the property development segment, approximately accounting for 2.34% of the total income, the operating income of 11.88, million RMB Yuan, and the net profit of 30.55 million RMB Yuan.The income from the property development accounted for a low percentage, mainly for the reason that the property development of the metro systems justly started; hence there existed a time limit of confirming the income. In accordance with the accounting principle, the sales from the propertywill not be carried down as income until the houses have been occupied by the owners; however, the cash flow of the group has been obviously improved.