PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2011

6.	PROPERTY AND EQUIPMENT

Property and equipment and their related accumulated depreciation as of December 31, 2010 and 2011 are as follows:


	December 31,
	2010			2011
	(RMB)			(RMB)			(US$)

Computer equipment		276,843,360			320,195,440			50,873,932
Leasehold improvements		927,186			2,159,574			343,121
Furniture and fixtures		18,449,740			21,534,695			3,421,518
Motor vehicles		4,669,096			4,669,096			741,845
Property		—			211,497,878			33,603,629

		300,889,382			560,056,683			88,984,045
Less: Accumulated depreciation		(157,603,079	)		(210,388,776	)		(33,427,410	)


Property and equipment, net		143,286,303			349,667,907			55,556,635

Depreciation expense for the years ended December 31, 2009, 2010 and 2011, were RMB52,965,806, RMB54,444,577 and RMB60,877,662 (US$9,672,486) respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details