XML 66 R39.htm IDEA: XBRL DOCUMENT

Principal Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2022

Principal Accounting Policies

Schedule of restricted cash balance

As of December 31, 2021 and 2022, the Group had a restricted cash balance approximately RMB2,878.0 million and RMB2,699.3 million, respectively, comprising as follows (in millions):


		December 31,		December 31,
		2021		2022
		RMB		RMB
Customer deposit of NetEase Pay accounts		2,091.3		2,627.5
Deposit required by the PRC government authorities related to Youdao’s educational services		749.8		0.9
Others		36.9		70.9
Total		2,878.0		2,699.3

Schedule of movements of the allowance for expected credit losses

The following table sets out the movements of the allowance for expected credit losses for the years ended December 31, 2020, 2021 and 2022 (in thousands):


		For the year ended December 31,
		2020		2021		2022
		RMB		RMB		RMB
Balance at the beginning of year		77,147		113,253		369,982
Provisions		40,600		265,930		61,393
Write-offs		(4,494)		(9,201)		(28,015)
Balance at the end of year		113,253		369,982		403,360

Schedule of property, equipment and software useful lives


Building		20 years
Decoration		5 years
Leasehold improvements		lesser of the term of the lease and the estimated useful lives of the assets
Furniture, fixtures, office and other equipment		3-10 years
Vehicles		5 years
Servers and computers		3 years
Software		3 years

Schedule of intangible assets and its estimated useful life


License right		over the license period
Technology		7-10 years
Trademark		10 years