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

 

12. ACCUMULATED OTHER COMPREHENSIVE INCOME

The changes in accumulated other comprehensive income by component, net of tax, are as follows:

 

     Foreign
currency
translation
adjustments
     Unrealized
gains on
available-for-sale
investments
     Total  
     RMB      RMB      RMB  
     (In thousands)  
     (unaudited)  

Balance at December 31, 2015

     (1,105,820      299,764        (806,056

Other comprehensive loss before reclassification

     (12,813      (31,087      (43,900

Amounts reclassified from accumulated other comprehensive loss

     —          (137,535      (137,535
  

 

 

    

 

 

    

 

 

 

Net current-period other comprehensive loss

     (12,813      (168,622      (181,435

Other comprehensive loss attributable to noncontrolling interests and redeemable noncontrolling interests

     20,414        —          20,414  
  

 

 

    

 

 

    

 

 

 

Balance at March 31, 2016

     (1,098,219      131,142        (967,077
  

 

 

    

 

 

    

 

 

 

Balance at December 31, 2016

     (2,022,330      239,364        (1,782,966

Other comprehensive income before reclassification

     168,670        335,079        503,749  

Amounts reclassified from accumulated other comprehensive loss

     —          (218,342      (218,342
  

 

 

    

 

 

    

 

 

 

Net current-period other comprehensive income

     168,670        116,737        285,407  

Other comprehensive loss (income) attributable to noncontrolling interests and redeemable noncontrolling interests

     36,940        (6      36,934  
  

 

 

    

 

 

    

 

 

 

Balance at March 31, 2017

     (1,816,720      356,095        (1,460,625
  

 

 

    

 

 

    

 

 

 

Balance at March 31, 2017, in US$

     (263,936      51,735        (212,201
  

 

 

    

 

 

    

 

 

 

The amounts reclassified out of accumulated other comprehensive income (loss) represent realized gains on the available-for-sale investments upon their sales, which were then recorded in “Other income, net” on the consolidated statements of comprehensive income.

The following table sets forth the tax effect allocated to each component of other comprehensive income:

 

     For the three months ended  
     March 31,
2016
     March 31,
2017
     March 31,
2017
 
     RMB      RMB      US$  
     (In thousands)  
     (unaudited)  

Unrealized gains on available-for-sale investments

        

Unrealized holding gains during the year

     (27,857      (44,393      (6,449

Reclassified for gains realized

     20,440        35,786        5,199  
  

 

 

    

 

 

    

 

 

 

Net unrealized gains

     (7,417      (8,607      (1,250
  

 

 

    

 

 

    

 

 

 

Other comprehensive income

     (7,417      (8,607      (1,250
  

 

 

    

 

 

    

 

 

 

 

F-30