The principal transactions with China Tower are as follows:
| Year ended December 31, | ||||||||||||||||
| Notes | 2015 | 2016 | 2017 | |||||||||||||
| RMB | RMB | RMB | ||||||||||||||
|
Tower Assets Disposal |
30,131 | — | — | |||||||||||||
|
Tower Assets lease fee |
(i | ) | 2,742 | 11,657 | 15,389 | |||||||||||
|
Provision of IT services |
(ii | ) | — | 12 | 49 | |||||||||||
Notes:
| (i) | Represent amounts paid and payable to China Tower for the lease of the Tower Assets. |
The Company and China Tower entered into agreement on July 8, 2016 and a supplemental agreement on February 1,2018 to confirm the pricing and related arrangements in relation to the leases of the Tower Assets.
| (ii) | Represent IT services provided to China Tower. |
Amounts due from/to China Tower are summarized as follows:
| 2016 | 2017 | |||||||
| RMB | RMB | |||||||
|
Accounts receivable |
10 | 5 | ||||||
|
Prepayments and other current assets |
2,278 | 2,152 | ||||||
|
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|
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|
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|
Total amounts due from China Tower |
2,288 | 2,157 | ||||||
|
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|
|
|
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|
Accounts payable |
3,697 | 2,611 | ||||||
|
Accrued expenses and other payables |
807 | 1,374 | ||||||
|
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|
|
|
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|
Total amounts due to China Tower |
4,504 | 3,985 | ||||||
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