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

 

                Fair value measurement or disclosure
at March 31, 2017 using
 
    Total fair value at
March 31, 2017
    Quoted prices
in active
markets for
identical assets
(Level 1)
    Significant
other
observable
inputs
(Level 2)
    Significant
unobservable
inputs
(Level 3)
    Total losses  
    RMB     US$     RMB     RMB     RMB     RMB     US$  
    (In thousands)  
    (unaudited)  

Fair value disclosure

             

Cash equivalents

             

Time deposits

    128,473       18,665         128,473        

Money market funds

    180,981       26,293       180,981          

Short-term investments Held-to-maturity securities

             

Fixed-rate investments

    47,120,010       6,845,655         47,120,010        

Long-term notes payable

    33,179,313       4,820,333       33,179,313          

Fair value measurement

Recurring

Short-term investments Available-for-sale investments

             

Fixed-rate debt investments

    13,714,846       1,992,510         13,714,846        

Adjustable-rate debt investments

    15,149,437       2,200,929         15,149,437        

Equity investments

    48,299       7,017       48,299          

Other invested securities Trading securities

    16,066,794       2,334,204         16,066,794        

Long-term investments Available-for-sale investments

             

Equity investments

    606,909       88,173       606,909          

Non-recurring

             

Intangible assets

            (9,360     (9,360     (1,360
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total assets measured at fair value

    45,586,285       6,622,833       655,208       44,931,077       (9,360     (9,360     (1,360
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

As of March 31, 2017, an intangible asset 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 period then ended.

 

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