|IQIYI, INC. filed this Form 424B4 on 03/29/2018|
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARS ENDED DECEMBER 31, 2015, 2016 AND 2017continued
(Amounts in thousands of Renminbi (RMB) and U.S. dollars (US$),
except for number of shares (or ADS) and per share (or ADS) data)
InvestmentsEquity Method and Joint Ventures. The subsidiaries, VIEs and VIEs subsidiaries losses as Share of losses of subsidiaries, VIEs and VIEs subsidiaries on the condensed statements of comprehensive loss. Under the equity method of accounting, the Companys carrying amount of its investment in subsidiaries for its share of the subsidiaries, VIEs and VIEs subsidiaries cumulative losses was reduced to nil in the year ended December 31, 2015 and the carrying amount of Due from the entities within the Group was further adjusted as the Company committed to provide financial support to its VIEs as disclosed in note 1.
The subsidiaries did not pay any dividends to the Company for the periods presented.
The Company does not have significant commitments or long-term obligations as of the period end other than those presented.
The parent company only financial statements should be read in conjunction with the Companys consolidated financial statements.