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Consolidated Statements Of Cash Flows
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
USD ($)
Dec. 31, 2016
CNY (¥)
Dec. 31, 2015
CNY (¥)
Dec. 31, 2014
CNY (¥)
Cash flows from operating activities:        
Net income $ 1,670,115 ¥ 11,595,613 ¥ 32,432,246 ¥ 12,253,234
Adjustments to reconcile net income to net cash generated from operating activities:        
Depreciation of fixed assets and computer parts 497,108 3,451,422 2,886,254 2,223,907
Gain on disposal of fixed assets (12,047) (83,641) (24,233) (24,395)
Amortization of intangible assets and licensed copyrights 702,310 4,876,135 2,974,658 1,748,387
Deferred income tax, net (1,953) (13,561) 2,260,739 (693,448)
Share-based compensation 253,491 1,759,988 1,387,118 962,740
Provision for doubtful accounts 38,681 268,564 246,878 77,472
Investment income (715,974) (4,971,008) (2,709,222) (1,932,046)
Net gain from step-acquisition and settlement of pre-existing relationship 0 0 0 (75,229)
Assets impairment 60,694 421,395 116,978 95,049
Loss (income) from equity method investments 147,735 1,025,727 (3,867) 19,943
Gain on disposal of subsidiaries (179,550) (1,246,617) (24,435,554) 0
Other non-cash expenses (income) (66,739) (463,372) 52,959 32,435
Changes in operating assets and liabilities, net of effects of acquisitions and disposals:        
Restricted cash (31,906) (221,524) (1,555,178) (51,077)
Accounts receivable (34,308) (238,198) (868,564) (1,462,086)
Other assets 34,006 236,106 (1,736,825) (1,628,737)
Amounts due from related parties 229,517 1,593,537 (795,977) 370,970
Customer advances and deposits 93,107 646,444 1,468,595 1,313,806
Accounts payable and accrued liabilities 534,509 3,711,093 7,179,338 5,028,890
Deferred revenue 31,800 220,788 210,763 (61,790)
Deferred income 2,400 16,664 19,099 104,391
Amounts due to related parties (47,135) (327,258) 664,917 (365,241)
Net cash generated from operating activities 3,205,861 22,258,297 19,771,122 17,937,175
Cash flows from investing activities:        
Acquisition of fixed assets (603,368) (4,189,187) (5,229,616) (4,827,163)
Acquisition of computer parts (3,730) (25,894) (20,634) (4,302)
Proceeds from disposal of fixed assets 7,948 55,180 33,271 20,422
Acquisition of businesses, net of cash acquired (Note 3) 0 0 (332,679) (328,891)
Disposal of subsidiaries and business 39,567 274,715 (3,541,228) 0
Acquisition of intangible assets (906,593) (6,294,473) (2,492,855) (1,563,746)
Capitalization of software costs (31) (214) (31,351) 0
Purchases of held-to-maturity investments (6,860,706) (47,633,880) (50,207,364) (55,356,781)
Maturities of held-to-maturity investments 6,646,010 46,143,249 51,961,778 37,449,747
Purchases of available-for-sale investments (26,262,740) (182,342,203) (126,155,824) (78,033,523)
Sales and maturities of available-for-sale investments 25,035,378 173,820,615 110,652,993 81,931,252
Purchases of other long-term investments (576,860) (4,005,136) (5,940,309) (1,777,331)
Sales of other long-term investments 43,698 303,398 23,141 22,362
Cash distribution from long-term investments 705 4,892 8,233 180
Micro loan origination and disbursement (1,140,764) (7,920,321) (451,578) 0
Principal payments received on micro loans 512,121 3,555,655 102,894 0
Purchases of trading investments (1,291,707) (8,968,318) 0 0
Maturities of trading investments 188,847 1,311,163 0 0
Net cash used in investing activities (5,172,225) (35,910,759) (31,621,128) (22,467,774)
Cash flows from financing activities:        
Restricted cash (served) released as collateral for borrowings 0 0 102,400 (102,400)
Proceeds from issuance of subsidiaries' shares 95,171 660,773 3,527,945 1,846,819
Payments to acquire subsidiaries' shares from noncontrolling interests 0 0 0 (622,961)
Proceeds from short-term loans 468,453 3,252,472 100,000 92,432
Repayments of short-term loans (279,511) (1,940,642) (84,850) 0
Proceeds from long-term loans 955,384 6,633,228 2,161,701 1,807,646
Repayments of long-term loans (150,039) (1,041,720) (2,173,010) (347,659)
Net proceeds from sale of financial products 1,501,587 10,425,507 0 0
Payments on financial products (528,095) (3,666,561) 0 0
Payment of dividends by a subsidiary to noncontrolling interests 0 0 0 (337,964)
Proceeds from issuance of notes payable 0 0 10,354,491 6,156,016
Payments of capital lease obligation (7,563) (52,508) (58,837) (72,817)
Repurchase of ordinary shares 0 0 (6,376,964) 0
Proceeds from exercise of share options 25,368 176,131 225,156 192,848
Net cash generated from financing activities 2,080,755 14,446,680 7,778,032 8,611,960
Effect of exchange rate changes on cash and cash equivalents 20,785 144,313 179,181 79,567
Net increase (decrease) in cash and cash equivalents 135,176 938,531 (3,892,793) 4,160,928
Cash and cash equivalents at beginning of the year 1,434,529 9,959,932 13,852,725 9,691,797
Cash and cash equivalents at end of the year 1,569,705 10,898,463 9,959,932 13,852,725
Supplemental disclosures:        
Interests paid 159,968 1,110,657 867,039 592,759
Income taxes paid 345,976 2,402,114 2,763,119 2,798,040
Non-cash investing and financing activities:        
Capital lease obligation 972 6,750 6,081 94,336
Acquisition of fixed assets included in accounts payable and accrued liabilities 130,059 903,000 1,028,171 1,131,870
Acquisition of other non-current assets included in accounts payable and accrued liabilities 5,294 36,753 44,215 39,437
Non-cash acquisitions of investments $ 426,822 ¥ 2,963,425 ¥ 24,431,441 ¥ 75,229