424B2
BAIDU, INC. filed this Form 424B2 on 06/29/2017
Entire Document
 


Table of Contents

BAIDU, INC.

NOTES TO THE UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

 

Assets and liabilities measured or disclosed at fair value are summarized below:

 

            Fair value measurement or disclosure
at December 31, 2016 using
 
     Total fair value at
December 31,
2016
     Quoted prices in
active markets
for identical
assets (Level 1)
     Significant other
observable
inputs
(Level 2)
     Significant
unobservable
inputs
(Level 3)
     Total losses  
     RMB      RMB      RMB      RMB      RMB  
     (In thousands)  

Fair value disclosure

              

Cash equivalents

              

Time deposits

     1,674,172           1,674,172        

Money market funds

     4,419,206        4,419,206           

Short-term investments

              

Held-to-maturity investments

              

Fixed-rate investments

     41,868,641           41,868,641        

Long-term notes payable

     33,252,561        33,252,561           

Fair value measurement

              

Recurring

              

Short-term investments

              

Available-for-sale investments

              

Fixed-rate debt investments

     14,377,856           14,377,856        

Adjustable-rate debt investments

     14,986,816           14,986,816        

Equity investments

     28,787        28,787           

Other invested securities

              

Trading securities

     7,747,436           7,747,436        

Long-term investments

              

Available-for-sale investments

              

Equity investments

     496,512        496,512           

Non-recurring

              

Long-term investments

              —          (150,745

Intangible assets

                 (822
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total assets measured at fair value

     37,637,407        525,299        37,112,108        —          (151,567
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

As of December 31, 2016, a cost method investment was written down from its carrying value to fair value of nil, which was measured using significant unobservable inputs (Level 3), with impairment charges incurred and recorded in earnings for the year then ended.

 

 

F-23