6-K
BAIDU, INC. filed this Form 6-K on 02/14/2018
Entire Document
 


Reconciliations of non-GAAP financial measures to the nearest comparable GAAP measures (in RMB millions except for share and per ADS information, unaudited)    

 

     Three months ended     Twelve months ended  
     December 31, 2016     September 30, 2017     December 31, 2017     December 31, 2016     December 31, 2017  

Operating profit

     2,185       4,700       4,774       10,049       15,691  

Add: Share-based compensation expenses

     632       841       977       1,760       3,244  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Non-GAAP operating profit

     2,817       5,541       5,751       11,809       18,935  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Add: Depreciation of fixed assets

     912       957       993       3,451       3,805  

Add: Amortization of intangible assets

     126       347       110       532       594  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Adjusted EBITDA

     3,855       6,845       6,854       15,792       23,334  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
     Three months ended     Twelve months ended  
     December 31, 2016     September 30, 2017     December 31, 2017     December 31, 2016     December 31, 2017  

Net income attributable to Baidu

     4,129       7,949       4,159       11,632       18,301  

Add: Share-based compensation expenses

     632       841       977       1,760       3,244  

Add: (Gain)loss associated with the dilution of equity method investees

     (156     286       97       (173     726  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Non-GAAP net income attributable to Baidu

     4,605       9,076       5,233       13,219       22,271  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average number of ADS used in computing GAAP and non-
GAAP diluted earnings per ADS

     348,160,487       349,911,767       351,239,027       347,570,857       349,523,907  

GAAP diluted earnings per ADS

     11.40       24.05       12.38       31.86       52.41  

Add: Accretion of the redeemable noncontrolling interests

     0.46       (1.33     (0.54     1.61       (0.05

Add: Share-based compensation expenses

     1.82       2.40       2.78       5.06       9.28  

Add: Dilution (Gain) loss associated with equity method investees

     (0.45     0.82       0.28       (0.50     2.08  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Non-GAAP diluted earnings per ADS

     13.23       25.94       14.90       38.03       63.72