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Consolidated Statements Of Cash Flows
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
USD ($)
Dec. 31, 2015
CNY (¥)
Dec. 31, 2014
CNY (¥)
Dec. 31, 2013
CNY (¥)
Cash flows from operating activities:        
Net income $ 5,006,676 ¥ 32,432,246 ¥ 12,253,234 ¥ 10,387,777
Adjustments to reconcile net income to net cash generated from operating activities:        
Depreciation of fixed assets and computer parts 445,561 2,886,254 2,223,907 1,702,140
Gain on disposal of fixed assets (3,741) (24,233) (24,395) (16,051)
Amortization of intangible assets and licensed copyrights 459,208 2,974,658 1,748,387 949,850
Deferred income tax, net 348,998 2,260,739 (693,448) 330,636
Share-based compensation 214,134 1,387,118 962,740 514,727
Provision for doubtful accounts 38,111 246,878 77,472 39,137
Investment income (418,232) (2,709,222) (1,932,046) (1,103,361)
Net gain from step-acquisition and settlement of pre-existing relationship 0 0 (75,229) 0
Assets impairment 18,058 116,978 95,049 24,197
(Income) loss from equity method investments (597) (3,867) 19,943 (22,578)
Gain on disposal of subsidiaries (3,772,200) (24,435,554) 0 0
Other non-cash expenses 8,175 52,959 32,435 19,186
Changes in operating assets and liabilities, net of effects of acquisitions and disposals:        
Restricted cash (240,078) (1,555,178) (51,077) (151,435)
Accounts receivable (134,083) (868,564) (1,462,086) (773,787)
Other assets (321,945) (2,085,509) (1,628,737) (1,303,334)
Amounts due from related parties (122,878) (795,977) 370,970 (54)
Customer advances and deposits 226,712 1,468,595 1,313,806 866,620
Accounts payable and accrued liabilities 1,108,299 7,179,338 5,028,890 2,005,559
Deferred revenue 32,536 210,763 (61,790) 122,347
Deferred income 2,948 19,099 104,391 199,272
Amounts due to related parties 102,645 664,917 (365,241) 2,123
Net cash generated from operating activities 2,998,307 19,422,438 17,937,175 13,792,971
Cash flows from investing activities:        
Acquisition of fixed assets (807,314) (5,229,616) (4,827,163) (2,756,629)
Acquisition of computer parts (3,185) (20,634) (4,302) (12,194)
Proceeds from disposal of fixed assets 5,136 33,271 20,422 18,476
Acquisition of businesses, net of cash acquired (Note 3) (51,357) (332,679) (328,891) (13,201,126)
Disposal of subsidiaries and business (546,671) (3,541,228) 0 0
Acquisition of intangible assets (384,830) (2,492,855) (1,563,746) (909,717)
Capitalization of software costs (4,840) (31,351) 0 (2,448)
Purchases of held-to-maturity investments (7,750,681) (50,207,364) (55,356,781) (30,441,279)
Sales and maturities of held-to-maturity investments 8,021,516 51,961,778 37,449,747 29,562,045
Purchases of available-for-sale investments (19,475,103) (126,155,824) (78,033,523) (53,921,661)
Sales and maturities of available-for-sale investments 17,081,880 110,652,993 81,931,252 48,947,811
Purchases of other long-term investments (917,026) (5,940,309) (1,777,331) (350,361)
Sales of other long-term investments 3,572 23,141 22,362 0
Cash distribution from long-term investments 1,271 8,233 180 4,143
Net cash used in investing activities (4,827,632) (31,272,444) (22,467,774) (23,062,940)
Cash flows from financing activities:        
Restricted cash (served) released as collateral for borrowings 15,808 102,400 (102,400) 0
Proceeds from issuance of subsidiaries' shares 544,621 3,527,945 1,846,819 1,397,283
Payments to acquire subsidiaries' shares from noncontrolling interests 0 0 (622,961) (259,879)
Proceeds from short-term loans 15,438 100,000 92,432 0
Repayment of short-term loans (13,099) (84,850) 0 (47,200)
Proceeds from long-term loans 333,709 2,161,701 1,807,646 2,144,450
Repayment of long-term loans (335,455) (2,173,010) (347,659) (2,144,450)
Payment of dividends by a subsidiary to noncontrolling interests 0 0 (337,964) 0
Proceeds from issuance of notes payable 1,606,427 10,406,115 6,188,232 6,111,200
Payment of capital lease obligation (9,083) (58,837) (72,817) (36,629)
Payment of debt issuance costs (7,969) (51,624) (32,216) (39,400)
Repurchase of ordinary shares (984,434) (6,376,964) 0 0
Proceeds from exercise of share options 34,758 225,156 192,848 156,307
Net cash generated from financing activities 1,200,721 7,778,032 8,611,960 7,281,682
Effect of exchange rate changes on cash and cash equivalents 27,661 179,181 79,567 (200,548)
Net (decrease) increase in cash and cash equivalents (600,943) (3,892,793) 4,160,928 (2,188,835)
Cash and cash equivalents at beginning of the year 2,138,492 13,852,725 9,691,797 11,880,632
Cash and cash equivalents at end of the year 1,537,549 9,959,932 13,852,725 9,691,797
Supplemental disclosures:        
Interests paid 133,848 867,039 592,759 302,055
Income taxes paid 426,552 2,763,119 2,798,040 1,656,513
Non-cash investing and financing activities:        
Capital lease obligation 939 6,081 94,336 45,554
Acquisition of fixed assets included in accounts payable and accrued liabilities 158,722 1,028,171 1,131,870 787,154
Acquisition of other non-current assets included in accounts payable and accrued liabilities 6,826 44,215 39,437 40,303
Non-cash acquisitions of investments $ 3,771,565 ¥ 24,431,441 ¥ 75,229 ¥ 0