XML 135 R41.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Income Taxes (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2012
Income (Loss) Before Income Taxes | The Company had minimal operations in jurisdictions other than the PRC. Income (loss) before income taxes consists of:
|  | For the years ended December 31, |
|  | 2010 |  |  | 2011 |  |  | 2012 |  |  | 2012 |
|  | RMB |  |  | RMB |  |  | RMB |  |  | US$ |
|  | (In thousands) |
PRC |  |  | 4,321,910 |  |  |  | 8,217,522 |  |  |  | 12,537,331 |  |  |  | 2,012,380 |
Non-PRC |  |  | (260,747 | ) |  |  | (408,343 | ) |  |  | (571,894 | ) |  |  | (91,795 | )
|  |  | 4,061,163 |  |  |  | 7,809,179 |  |  |  | 11,965,437 |  |  |  | 1,920,585 |
Components of Income Tax | Income taxes consist of:
|  | For the years ended December 31, |
|  | 2010 |  |  | 2011 |  |  | 2012 |  |  | 2012 |
|  | RMB |  |  | RMB |  |  | RMB |  |  | US$ |
|  | (In thousands) |
Current income tax |  |  | 616,994 |  |  |  | 1,337,469 |  |  |  | 1,888,378 |  |  |  | 303,106 |
Income tax refund due to reduced tax rate |  |  | (6,625 | ) |  |  | (83,907 | ) |  |  | (255,189 | ) |  |  | (40,961 | )
Deferred income tax (benefit) expense |  |  | (74,374 | ) |  |  | (64,701 | ) |  |  | (59,030 | ) |  |  | (9,475 | )
|  |  | 535,995 |  |  |  | 1,188,861 |  |  |  | 1,574,159 |  |  |  | 252,670 |
Reconciliation of Tax Computed By Applying Respective Statutory Income Tax Rate to Effective Income Tax Rate | The reconciliation of tax computed by applying respective statutory income tax rate to pre-tax income is as follows (amounts in thousands of RMB, and in thousands of US$, except for per share data):
|  | For the years ended December 31, |
|  | 2010 |  |  | 2011 |  |  | 2012 |  |  | 2012 |
|  | RMB |  |  | RMB |  |  | RMB |  |  | US$ |
Expected taxation at PRC EIT statutory rate |  |  | 1,015,329 |  |  |  | 1,952,295 |  |  |  | 2,991,359 |  |  |  | 480,146 |
Effect of differing tax rates in different jurisdictions |  |  | 8,416 |  |  |  | 43,260 |  |  |  | 138,931 |  |  |  | 22,300 |
Permanent differences – non-taxable income |  |  | (733 | ) |  |  | (2,804 | ) |  |  | (58,157 | ) |  |  | (9,335 | )
Permanent differences – non-deductible expenses |  |  | 10,935 |  |  |  | 9,989 |  |  |  | 58,201 |  |  |  | 9,342 |
Tax incentives relating to R&D expenditures |  |  | (22,925 | ) |  |  | (105,966 | ) |  |  | (154,977 | ) |  |  | (24,876 | )
Effect of tax exemption and reduction inside the PRC |  |  | (533,802 | ) |  |  | (650,206 | ) |  |  | (1,234,142 | ) |  |  | (198,093 | )
Income tax refund due to reduced tax rate |  |  | (6,625 | ) |  |  | (83,907 | ) |  |  | (255,189 | ) |  |  | (40,961 | )
Under-provided (over-accrued) EIT for previous years |  |  | 10,359 |  |  |  | (66,960 | ) |  |  | (15,084 | ) |  |  | (2,421 | )
Effect of tax rate change on deferred taxes |  |  | — |  |  |  | 18,216 |  |  |  | — |  |  |  | — |
Addition to valuation allowance |  |  | 55,041 |  |  |  | 74,944 |  |  |  | 103,217 |  |  |  | 16,568 |
Taxation for the year |  |  | 535,995 |  |  |  | 1,188,861 |  |  |  | 1,574,159 |  |  |  | 252,670 |
Effective tax rate |  |  | 13.20 | % |  |  | 15.22 | % |  |  | 13.16 | % |  |  | 13.16 | %
Effect of tax exemption and reduction inside the PRC on basic earnings per Class A and Class B ordinary share |  |  | 15.34 |  |  |  | 18.64 |  |  |  | 35.32 |  |  |  | 5.67 |
Tax Effects of Temporary Differences that Give Rise to Deferred Tax Balances | The tax effects of temporary differences that give rise to the deferred tax balances at December 31, 2011 and 2012 are as follows:
|  | As of December 31, |
|  | 2011 |  |  | 2012 |  |  | 2012 |
|  | RMB |  |  | RMB |  |  | US$ |
|  | (In thousands) |
Provision for doubtful receivables |  |  | 2,586 |  |  |  | 1,655 |  |  |  | 266 |
Fixed assets depreciation |  |  | 36,274 |  |  |  | 13,367 |  |  |  | 2,146 |
Net operating loss carry-forward |  |  | 248,790 |  |  |  | 333,397 |  |  |  | 53,514 |
Accrued expenses, payroll and others |  |  | 140,805 |  |  |  | 214,211 |  |  |  | 34,382 |
Deferred tax assets |  |  | 428,455 |  |  |  | 562,630 |  |  |  | 90,308 |
Valuation allowance |  |  | (254,919 | ) |  |  | (349,012 | ) |  |  | (56,020 | )
Deferred tax assets, net |  |  | 173,536 |  |  |  | 213,618 |  |  |  | 34,288 |
|  | As of December 31, |
|  | 2011 |  |  | 2012 |  |  | 2012 |
|  | RMB |  |  | RMB |  |  | US$ |
|  | (In thousands) |
Long-lived assets arising from acquisitions |  |  | 131,629 |  |  |  | 289,482 |  |  |  | 46,465 |
Deferred tax liabilities |  |  | 131,629 |  |  |  | 289,482 |  |  |  | 46,465 |

X
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of income before income tax between domestic and foreign jurisdictions. + References No definition available. + Details
Name: | us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration