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Intangible assets, net
12 Months Ended
Dec. 31, 2016
Intangible assets, net  
Intangible assets, net

12.  Intangible assets, net

 

Intangible assets, net, consist of the following:

 

 

 

As of December 31, 2015

 

 

 

Weighted-
Average
Amortization
Period

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Impairment
Amount

 

Net
Carrying
Amount

 

 

 

Year

 

RMB

 

RMB

 

RMB

 

RMB

 

Strategic Cooperation

 

5.0

 

6,075,289

 

(2,130,512

)

 

3,944,777

 

Non-compete

 

8.0

 

1,447,189

 

(327,622

)

 

1,119,567

 

Technology

 

4.9

 

110,900

 

(40,715

)

(69,922

)

263

 

Advertising customer relationship

 

7.0

 

80,400

 

(20,737

)

(59,663

)

 

Domain names and trademark

 

10.0

 

85,632

 

(22,893

)

(27,124

)

35,615

 

Logistic workforce

 

3.0

 

13,900

 

(8,378

)

 

5,522

 

Online payment and other licenses

 

14.3

 

200,924

 

(45,981

)

 

154,943

 

Copyrights

 

2.4

 

19,656

 

(16,360

)

 

3,296

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

5.8

 

8,033,890

 

(2,613,198

)

(156,709

)

5,263,983

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2016

 

 

 

Weighted-
Average
Amortization
Period

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Impairment
Amount

 

Net
Carrying
Amount

 

 

 

Year

 

RMB

 

RMB

 

RMB

 

RMB

 

Strategic Cooperation

 

5.0

 

6,075,289

 

(3,348,899

)

 

2,726,390

 

Non-compete

 

8.0

 

2,467,005

 

(576,654

)

 

1,890,351

 

Technology

 

6.7

 

682,685

 

(85,168

)

(69,922

)

527,595

 

Advertising customer relationship

 

7.7

 

131,296

 

(24,565

)

(59,663

)

47,068

 

Domain names and trademark

 

19.5

 

3,236,980

 

(117,181

)

(27,124

)

3,092,675

 

Logistic workforce

 

3.0

 

13,900

 

(13,024

)

 

876

 

Online payment and other licenses

 

12.7

 

236,898

 

(67,597

)

 

169,301

 

Copyrights

 

2.4

 

20,363

 

(20,322

)

 

41

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

9.5

 

12,864,416

 

(4,253,410

)

(156,709

)

8,454,297

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization expenses for intangible assets were RMB1,116,217, RMB1,465,625 and RMB1,640,212 for the years ended December 31, 2014, 2015 and 2016, respectively. The Group recorded an impairment charge of nil, RMB156,709 and nil for the years ended December 31, 2014, 2015 and 2016. Please refer to Note 7 for details.

 

As of December 31, 2016, amortization expenses related to the intangible assets for future periods are estimated to be as follows:

 

 

 

For the year ended December 31,

 

 

 

2017

 

2018

 

2019

 

2020

 

2021

 

2022 and
thereafter

 

 

 

RMB

 

RMB

 

RMB

 

RMB

 

RMB

 

RMB

 

Amortization expenses

 

1,802,806

 

1,801,128

 

880,089

 

578,726

 

573,544

 

2,818,004