6-K
BAIDU, INC. filed this Form 6-K on 10/27/2017
Entire Document
 


Baidu, Inc.

Condensed Consolidated Balance Sheets

 

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

   December 31,
2016
    September 30,
2017
 
     Audited     Unaudited  

ASSETS

    

Current assets:

    

Cash and cash equivalents

     10,898       15,357  

Restricted cash

     318       447  

Short-term investments

     71,196       92,730  

Other invested securities

     7,748       21,496  

Accounts receivable, net

     4,109       4,728  

Loans and interest receivable, net

     1,800       14,070  

Amounts due from related parties

     346       993  

Other assets, current

     3,345       5,248  
  

 

 

   

 

 

 

Total current assets

     99,760       155,069  
  

 

 

   

 

 

 

Non-current assets:

    

Fixed assets, net

     11,294       12,058  

Intangible assets, net

     3,872       4,895  

Goodwill

     15,342       15,810  

Long-term investments, net

     45,690       46,214  

Loans and interest receivable, net

     2,709       3,699  

Amounts due from related parties

     11       10  

Deferred tax assets, net

     1,100       1,532  

Other assets, non-current

     2,219       4,169  
  

 

 

   

 

 

 

Total non-current assets

     82,237       88,387  
  

 

 

   

 

 

 

Total assets

     181,997       243,456  
  

 

 

   

 

 

 

LIABILITIES AND EQUITY

    

Current liabilities:

    

Short-term loans

     1,115       1,353  

Convertible notes payable

     —         8,186  

Amounts due to the third-party investors

     6,759       35,410  

Accounts payable and accrued liabilities

     21,896       24,985  

Customer advances and deposits

     6,032       6,920  

Deferred revenue

     596       526  

Deferred income

     566       561  

Long-term loans, current portion

     3,468       1,008  

Notes payable, current portion

     5,203       11,637  

Capital lease obligation

     8       —    

Amounts due to related parties

     459       337  
  

 

 

   

 

 

 

Total current liabilities

     46,102       90,923  
  

 

 

   

 

 

 

Non-current liabilities:

    

Deferred income

     28       73  

Long-term loans

     6,822       6,841  

Notes payable

     27,648       29,768  

Deferred tax liabilities

     3,589       3,472  

Other non-current liabilities

     65       75  
  

 

 

   

 

 

 

Total non-current liabilities

     38,152       40,229  
  

 

 

   

 

 

 

Total liabilities

     84,254       131,152  
  

 

 

   

 

 

 

Redeemable noncontrolling interests

     5,492       3,097  

Equity

    

Class A Ordinary Shares, par value US$0.00005 per share, 825,000,000 shares authorized, and 27,325,551 shares and 27,521,260 shares issued and outstanding as at December 31, 2016 and September 30, 2017

     —         —    

Class B Ordinary Shares, par value US$0.00005 per share, 35,400,000 shares authorized, and 7,401,254 shares and 7,201,254 shares issued and outstanding as at December 31, 2016 and September 30, 2017

     —         —    

Additional paid-in capital

     8,323       10,958  

Retained earnings

     85,734       97,979  

Accumulated other comprehensive income(loss)

     (1,783     70  
  

 

 

   

 

 

 

Total Baidu, Inc. shareholders’ equity

     92,274       109,007  

Noncontrolling interests

     (23     200  

Total equity

     92,251       109,207  
  

 

 

   

 

 

 

Total liabilities, redeemable noncontrolling interests, and equity

     181,997       243,456