424B5
BAIDU, INC. filed this Form 424B5 on 06/26/2017
Entire Document
 


Table of Contents

BAIDU, INC.

NOTES TO THE UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

 

Long-term held-to-maturity investments were time deposits in commercial banks with original and remaining maturities of greater than one year. The held-to-maturity investments are stated at amortized cost. Long-term available-for-sale equity investments represent investments in the equity securities of publicly listed companies. As the Company does not have significant influence over the investees, the investments were classified as available-for-sale and reported at fair value.

The methodology used in the determination of fair values for held-to-maturity investments and available-for-sale investments were disclosed in Note 5.

The short-term held-to-maturity debt investments as well as the short-term available-for-sale debt investments will mature within one year; whereas the long-term held-to-maturity debt investments as well as the long-term available-for-sale debt investments will mature after one year through five years.

Investments classified as held-to-maturity investments, available-for-sale investments and trading securities as of December 31, 2016 and March 31, 2017 were as follows:

 

    As of December 31, 2016  
    Cost or
Amortized
cost
    Gross
unrecognized
holding gains
    Gross
unrecognized
holding losses
    Gross
unrealized
gains
    Gross
unrealized
losses
    Fair value  
    RMB     RMB     RMB     RMB     RMB     RMB  
    (In thousands)  

Short-term investments:

           

Held-to-maturity investments

           

Fixed-rate investments

    41,802,170       70,018       (3,547         41,868,641  

Available-for-sale investments

           

Fixed-rate debt investments

    14,352,711           31,197       (6,052     14,377,856  

Adjustable-rate debt investments

    14,673,620           313,196         14,986,816  

Equity investment

    32,899             (4,112     28,787  

Other invested securities:

           

Trading securities

    7,685,697           61,739         7,747,436  

Long-term investments:

           

Available-for-sale investments

           

Equity investments

    527,596             (31,084     496,512  

 

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