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

IFM Investments Ltd 6-K/A