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Others, net
12 Months Ended
Dec. 31, 2018
Others, net  
Others, net

21.Others, net

Others, net consist of the following:

 

 

 

 

 

 

 

 

 

 

For the year ended December 31, 

 

 

2016

 

2017

 

2018

 

    

RMB

    

RMB

    

RMB

Gains from business and investment disposals

 

1,232,853

 

74,965

 

1,320,266

Government financial incentives

 

721,564

 

843,447

 

614,658

Impairment of investments

 

(542,946)

 

(139,823)

 

(593,138)

Foreign exchange gains/(losses), net

 

(143,125)

 

213,482

 

(192,491)

Loss from fair value change of long-term investments

 

 —

 

 —

 

(1,512,979)

Others

 

275,030

 

324,337

 

458,859

Total

 

1,543,376

 

1,316,408

 

95,175

 

Government financial incentives represent rewards provided by the relevant PRC municipal government authorities to the Group for business achievements made by the Group. As there is no further obligation for the Group to perform, government financial incentives are recognized as other income when received. The amounts of such government financial incentives are determined solely at the discretion of the relevant government authorities and there is no assurance that the Group will continue to receive these government financial incentives in the future.