XML 163 R41.htm IDEA: XBRL DOCUMENT v2.4.0.8

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Income Tax Disclosure [Abstract]

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,
		2011				2012				2013				2013
		RMB				RMB				RMB				US$
		(In thousands)
PRC			8,217,522				12,537,331				13,815,469				2,282,153
Non-PRC			(408,343	)			(571,894	)			(1,630,453	)			(269,332	)
			7,809,179				11,965,437				12,185,016				2,012,821

Components of Income Tax

Income taxes consist of:

		For the years ended December 31,
		2011				2012				2013				2013
		RMB				RMB				RMB				US$
		(In thousands)
Current income tax			1,337,469				1,888,378				2,006,980				331,530
Income tax refund due to reduced tax rate			(83,907	)			(255,189	)			(508,686	)			(84,029	)
Adjustments of deferred tax assets due to reduced tax rates			18,216				—				21,573				3,564
Deferred income tax (benefit) expense			(82,917	)			(59,030	)			309,063				51,053
			1,188,861				1,574,159				1,828,930				302,118

Reconciliation of Tax Computed By Applying Respective Statutory Income Tax Rate to Effective Income Tax Rate

The reconciliation of tax computed by applying aforementioned respective statutory income tax rate to pre-tax income is as follows:

		For the years ended December 31,
		2011				2012				2013				2013
		RMB				RMB				RMB				US$
		(In thousands, except for per share data)
Expected taxation at PRC EIT statutory rate			1,952,295				2,991,359				3,046,254				503,205
Effect of differing tax rates in different jurisdictions			43,260				138,931				312,938				51,694
Permanent differences - non-taxable income			(2,804	)			(58,157	)			(69,673	)			(11,509	)
Permanent differences - non-deductible expenses			9,989				58,201				168,735				27,872
Tax incentives relating to research and development expenditures			(105,966	)			(154,977	)			(318,652	)			(52,638	)
Effect of tax holidays inside PRC			(715,897	)			(1,489,331	)			(2,131,233	)			(352,054	)
Over-accrued EIT for previous years			(66,960	)			(15,084	)			(32,982	)			(5,448	)
Withholding tax on PRC subsidiaries’ undistributed earnings			—				—				560,243				92,546
Addition to valuation allowance			74,944				103,217				293,300				48,450
Taxation for the year			1,188,861				1,574,159				1,828,930				302,118
Effective tax rate			15.22	%			13.16	%			15.01	%			15.01	%
Effect of tax holidays inside PRC on basic earnings per Class A and Class B ordinary share			20.52				42.63				60.92				10.06

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, 2012 and 2013 are as follows:

		As of December 31,
		2012				2013				2013
		RMB				RMB				US$
		(In thousands)
Provision for doubtful receivables			1,655				10,877				1,797
Fixed assets depreciation			13,367				28,785				4,755
Net operating loss carry-forward			333,397				580,963				95,968
Accrued expenses, payroll and others			214,211				479,446				79,199
Deferred tax assets			562,630				1,100,071				181,719
Valuation allowance			(349,012	)			(715,287	)			(118,157	)
Deferred tax assets, net			213,618				384,784				63,562

		As of December 31,
		2012				2013				2013
		RMB				RMB				US$
		(In thousands)
Long-lived assets arising from acquisitions			289,482				619,550				102,342
Withholding tax on PRC subsidiaries’ undistributed earnings			—				580,720				95,928
Deferred tax liabilities			289,482				1,200,270				198,270

X

- Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

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

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(h)(1)(i))

-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

+ Details

Name:	us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration