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Goodwill
12 Months Ended
Dec. 31, 2017
Goodwill
9. GOODWILL

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

 

     RMB  

Balance as of January 1, 2016

     617,863  

Goodwill acquired in business combinations (note 3)

     277,492  

Foreign exchange effect

     48,567  
  

 

 

 

Balance as of December 31, 2016

     943,922  
  

 

 

 

Foreign exchange effect

     (4,206
  

 

 

 

Balance as of March 31, 2017

     939,716  
  

 

 

 

 

     Utility Products
and
Related Services
     Mobile
Entertainment
     Others      Total  
     RMB      RMB      RMB      RMB  

Balance as of March 31, 2017

     541,543        398,173        —          939,716  

Goodwill acquired in business combinations (note 3)

     —          —          12,928        12,928  

Deconsolidation of News Republic

     —          (278,131      —          (278,131

Foreign exchange effect

     (22,958      (17,398      —          (40,356
  

 

 

    

 

 

    

 

 

    

 

 

 

Balance as of December 31, 2017

     518,585        102,644        12,928        634,157  
  

 

 

    

 

 

    

 

 

    

 

 

 

Balance as of December 31, 2017 in US$

     79,705        15,776        1,987        97,468  
  

 

 

    

 

 

    

 

 

    

 

 

 

For the years ended December 31, 2015, 2016 and 2017, the Group recognized impairment loss of RMB23,746, nil and nil for the online lottery business reporting unit as the carrying amount exceeded its fair value due to suspension on the online lottery sales in response to the PRC government’s regulatory uncertainty.