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Redeemable Noncontrolling Interests (Tables)
12 Months Ended
Dec. 31, 2012
Summary of Redeemable Noncontrolling Interest
     RMB     US$  
     (In thousands)  

Balance at December 31, 2011

     935,978        150,235   

Acquisition of Qiyi (1) (Note 3)

     100,101        16,067   

Equity issuance of subsidiaries (2)

     25,989        4,172   

Current losses

     (55,804     (8,957

Other comprehensive loss

     (690     (111

Share-based compensation

     5,566        893   

Accretion impact

     22,143        3,554   
  

 

 

   

 

 

 

Balance at December 31, 2012

     1,033,283        165,853   
  

 

 

   

 

 

 

 

(1)

Noncontrolling interests in Qiyi represent the preferred shares of Qiyi held by noncontrolling shareholders, which could be redeemed upon occurrence of certain events that are not solely within the control of Qiyi and are accounted for as redeemable noncontrolling interests.

 

(2)

On July 13, 2012, NTT DOCOMO, Inc. (“DCM”) subscribed additional ordinary shares of B.D. Mobile Telecommunication Limited (“B.D. Mobile”) with cash pursuant to the agreement entered into with Baidu Holdings in January 2011, representing 14.00% of the then outstanding ordinary shares. The newly issued ordinary shares could be redeemed upon occurrence of certain events that are not solely within the control of B.D. Mobile and are accounted for as redeemable noncontrolling interests.