6-K
BAIDU, INC. filed this Form 6-K on 07/28/2017
Entire Document
 


Baidu, Inc.

Condensed Consolidated Balance Sheets

 

     December 31,     June 30,  

(In RMB millions except for number of shares and per share data)

   2016     2017  
     Audited     Unaudited  

ASSETS

    

Current assets:

    

Cash and cash equivalents

     10,898       15,484  

Restricted cash

     318       123  

Short-term investments

     71,196       76,668  

Other invested securities

     7,748       24,998  

Accounts receivable, net

     4,109       4,097  

Loans and interest receivable, net

     1,800       9,190  

Amounts due from related parties

     346       845  

Other assets, current

     3,345       4,679  
  

 

 

   

 

 

 

Total current assets

     99,760       136,084  
  

 

 

   

 

 

 

Non-current assets:

    

Fixed assets, net

     11,294       11,641  

Intangible assets, net

     3,872       4,900  

Goodwill

     15,342       15,847  

Long-term investments, net

     45,690       45,007  

Loans and interest receivable, net

     2,709       3,648  

Amounts due from related parties

     11       11  

Deferred tax assets, net

     1,100       1,494  

Other assets, non-current

     2,219       3,528  
  

 

 

   

 

 

 

Total non-current assets

     82,237       86,076  
  

 

 

   

 

 

 

Total assets

     181,997       222,160  
  

 

 

   

 

 

 

LIABILITIES AND EQUITY

    

Current liabilities:

    

Short-term loans

     1,115       1,056  

Convertible notes payable

     —         8,340  

Amounts due to the third-party investors

     6,759       31,826  

Accounts payable and accrued liabilities

     21,896       22,360  

Customer advances and deposits

     6,032       6,269  

Deferred revenue

     596       710  

Deferred income

     566       554  

Long-term loans, current portion

     3,468       3,399  

Notes payable,current portion

     5,203       5,083  

Capital lease obligation

     8       —    

Amounts due to related parties

     459       248  
  

 

 

   

 

 

 

Total current liabilities

     46,102       79,845  
  

 

 

   

 

 

 

Non-current liabilities:

    

Deferred income

     28       69  

Long-term loans

     6,822       6,963  

Notes payable

     27,648       27,013  

Deferred tax liabilities

     3,589       3,580  

Other non-current liabilities

     65       67  
  

 

 

   

 

 

 

Total non-current liabilities

     38,152       37,692  
  

 

 

   

 

 

 

Total liabilities

     84,254       117,537  
  

 

 

   

 

 

 

Redeemable noncontrolling interests

     5,492       5,998  

Equity

    

Class A Ordinary Shares, par value US$0.00005 per share, 825,000,000 shares authorized, and 27,325,551 shares and 27,425,029 shares issued and outstanding as at December 31, 2016 and June 30, 2017

     —         —    

Class B Ordinary Shares, par value US$0.00005 per share, 35,400,000 shares authorized, and 7,401,254 shares and 7,251,254 shares issued and outstanding as at December 31, 2016 and June 30, 2017

     —         —    

Additional paid-in capital

     8,323       9,958  

Retained earnings

     85,734       89,564  

Accumulated other comprehensive loss

     (1,783     (861
  

 

 

   

 

 

 

Total Baidu, Inc. shareholders’ equity

     92,274       98,661  

Noncontrolling interests

     (23     (36

Total equity

     92,251       98,625  
  

 

 

   

 

 

 

Total liabilities, redeemable noncontrolling interests, and equity

     181,997       222,160