Goodwill and Intangible Assets

12 Months Ended

Dec. 31, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

8. GOODWILL AND INTANGIBLE ASSETS

Goodwill

The changes in the carrying amount of goodwill were as follows:


	2012			2013			2014		2014
	RMB			RMB			RMB		US$
	(In thousands)
Balance as of January 1		2,419,542			3,877,564			16,864,350		2,718,040
Goodwill acquired		1,458,023			12,986,790			554,541		89,376
Foreign currency translation adjustment		(1	)		(4	)		4		—

Balance as of December 31		3,877,564			16,864,350			17,418,895		2,807,416

Intangible Assets

Finite-lived intangible assets


	As of December 31, 2013
	Gross carrying value		Accumulated amortization			Net carrying value
	RMB		RMB			RMB
	(In thousands)
Land use right		519,474		(26,968	)		492,506
Customer relationships		682,715		(144,451	)		538,264
Software		478,909		(152,711	)		326,198
Trademarks		821,338		(97,122	)		724,216
User list		789,975		(219,377	)		570,598
Licensed copyrights of video contents		1,012,534		(469,787	)		542,747
Others		496,439		(71,063	)		425,376

		4,801,384		(1,181,479	)		3,619,905


	As of December 31, 2014
	Gross carrying value		Accumulated amortization			Net carrying value		Net carrying value
	RMB		RMB			RMB		US$
	(In thousands)
Land use right		519,474		(37,357	)		482,117		77,703
Customer relationships		693,712		(304,208	)		389,504		62,777
Software		519,239		(274,818	)		244,421		39,394
Trademarks		916,735		(189,588	)		727,147		117,195
User list		854,467		(452,730	)		401,737		64,748
Licensed copyrights of video contents		1,768,141		(935,238	)		832,903		134,239
Others		695,562		(213,929	)		481,633		77,625

		5,967,330		(2,407,868	)		3,559,462		573,681

The Company recognized impairment loss on intangible assets of nil, RMB4.62 million and RMB1.63 million (US$0.26 million) for the years ended December 31, 2012, 2013 and 2014, respectively. Amortization expense of intangible assets for the years ended December 31, 2012, 2013 and 2014 was RMB234.00 million, RMB949.85 million and RMB1.59 billion (US$255.48 million), respectively. Estimated amortization expense relating to the existing intangible assets with finite lives for each of the next five years is as follows:


	RMB		US$
	(In thousands)
For the years ending December 31,
2015		1,234,976		199,042
2016		798,198		128,646
2017		340,619		54,898
2018		233,781		37,679
2019		159,471		25,702

Indefinite-lived intangible assets


	As of December 31,
	2013		2014		2014
	RMB		RMB		US$
	(In thousands)
Domain names		9,360		9,360		1,509
Trademarks		1,050		5,537		892

		10,410		14,897		2,401

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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