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Prepayment and Other Current Assets
12 Months Ended
Dec. 31, 2011
Prepayment and Other Current Assets

5. Prepayment and Other Current Assets

The following is a summary of prepayment and other current assets:

 

     As of December 31,  
     2010      2011      2011  
     RMB      RMB      US$  

Prepaid rental and deposit

     3,405         4,634         736   

Prepayment to suppliers and other business related expenses

     14,442         30,265         4,809   

Receivable related to exercise of employee option

     —           10,924         1,736   

Others

     1,542         511         81   
  

 

 

    

 

 

    

 

 

 

Total

     19,389         46,334         7,362   
  

 

 

    

 

 

    

 

 

 

Prepayment to suppliers and other business related expenses mainly consist of business related staff advance, and the Group’s prepaid content licenses fee to third-party content suppliers for the rights to access and present on the Group’s website the contents produced by these suppliers during a certain period. These content licenses generally have a licensing period of one to three years, and are amortized over the license period on a straight-line basis. The portion of the prepaid content license cost that relates a license period that is more than 12 months from the balance sheet dates are classified as other non-current asset. Receivable related to exercise of employee option mainly includes the receivable from the option exercise agency which amount was collected in January 2012.