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Baidu, Inc. – ‘20-F’ for 12/31/13 – ‘EX-15.1’

On:  Friday, 3/28/14, at 9:34am ET   ·   For:  12/31/13   ·   Accession #:  1193125-14-120068   ·   File #:  0-51469

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/28/14  Baidu, Inc.                       20-F       12/31/13  128:15M                                    Donnelley … Solutions/FA

Annual Report by a Foreign Non-Canadian Issuer   —   Form 20-F   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 20-F        Annual Report by a Foreign Non-Canadian Issuer      HTML   1.96M 
 2: EX-4.64     Instrument Defining the Rights of Security Holders  HTML     36K 
 3: EX-4.65     Instrument Defining the Rights of Security Holders  HTML     36K 
 4: EX-4.66     Instrument Defining the Rights of Security Holders  HTML     36K 
 5: EX-4.67     Instrument Defining the Rights of Security Holders  HTML     36K 
 6: EX-4.68     Instrument Defining the Rights of Security Holders  HTML     35K 
 7: EX-4.69     Instrument Defining the Rights of Security Holders  HTML    202K 
 8: EX-4.70     Instrument Defining the Rights of Security Holders  HTML    329K 
 9: EX-4.71     Instrument Defining the Rights of Security Holders  HTML    319K 
10: EX-4.72     Instrument Defining the Rights of Security Holders  HTML    260K 
11: EX-8.1      Opinion of Counsel re: Tax Matters                  HTML     32K 
14: EX-13.1     Annual or Quarterly Report to Security Holders      HTML     34K 
15: EX-13.2     Annual or Quarterly Report to Security Holders      HTML     34K 
12: EX-12.1     Statement re: Computation of Ratios                 HTML     37K 
13: EX-12.2     Statement re: Computation of Ratios                 HTML     37K 
16: EX-15.1     Letter re: Unaudited Interim Financial Information  HTML     33K 
17: EX-15.2     Letter re: Unaudited Interim Financial Information  HTML     34K 
18: EX-15.3     Letter re: Unaudited Interim Financial Information  HTML     34K 
91: R1          Document and Entity Information                     HTML     60K 
72: R2          Consolidated Balance Sheets                         HTML    201K 
87: R3          Consolidated Balance Sheets (Parenthetical)         HTML     45K 
95: R4          Consolidated Statements Of Comprehensive Income     HTML    148K 
118: R5          Consolidated Statements Of Comprehensive Income     HTML     34K  
                (Parenthetical)                                                  
75: R6          Consolidated Statements Of Cash Flows               HTML    213K 
86: R7          Consolidated Statements Of Shareholders' Equity     HTML     92K 
66: R8          Organization, Consolidation and Presentation of     HTML    113K 
                Financial Statements                                             
55: R9          Summary of Significant Accounting Policies          HTML    124K 
120: R10         Business Combinations                               HTML     86K  
97: R11         Investments                                         HTML     68K 
96: R12         Accounts Receivable                                 HTML     54K 
103: R13         Other Current Assets                                HTML     45K  
104: R14         Fixed Assets                                        HTML     55K  
101: R15         Goodwill and Intangible Assets                      HTML     96K  
105: R16         Accounts Payable and Accrued Liabilities            HTML     56K  
88: R17         Loans Payable                                       HTML     43K 
92: R18         Notes Payable                                       HTML     47K 
99: R19         Income Taxes                                        HTML    119K 
128: R20         Employee Defined Contribution Plan                  HTML     37K  
113: R21         Commitments and Contingencies                       HTML     60K  
81: R22         Redeemable Noncontrolling Interests                 HTML     58K 
98: R23         Shareholders' Equity                                HTML     79K 
84: R24         Earnings Per Share ("Eps")                          HTML    113K 
44: R25         Share-Based Awards Plan                             HTML     82K 
114: R26         Related Party Transactions                          HTML     39K  
124: R27         Segment Reporting                                   HTML     55K  
60: R28         Fair Value Measurement                              HTML    111K 
59: R29         Subsequent Events                                   HTML     36K 
64: R30         Summary of Significant Accounting Policies          HTML    221K 
                (Policies)                                                       
65: R31         Organization, Consolidation and Presentation of     HTML     77K 
                Financial Statements (Tables)                                    
67: R32         Summary of Significant Accounting Policies          HTML     42K 
                (Tables)                                                         
33: R33         Business Combinations (Tables)                      HTML     66K 
111: R34         Investments (Tables)                                HTML     66K  
79: R35         Accounts Receivable (Tables)                        HTML     54K 
82: R36         Other Current Assets (Tables)                       HTML     44K 
49: R37         Fixed Assets (Tables)                               HTML     51K 
127: R38         Goodwill and Intangible Assets (Tables)             HTML     99K  
25: R39         Accounts Payable and Accrued Liabilities (Tables)   HTML     55K 
69: R40         Notes Payable (Tables)                              HTML     42K 
117: R41         Income Taxes (Tables)                               HTML    109K  
46: R42         Commitments and Contingencies (Tables)              HTML     54K 
58: R43         Redeemable Noncontrolling Interests (Tables)        HTML     57K 
63: R44         Shareholders' Equity (Tables)                       HTML     68K 
73: R45         Earnings Per Share ("Eps") (Tables)                 HTML    113K 
32: R46         Share-Based Awards Plan (Tables)                    HTML     78K 
54: R47         Segment Reporting (Tables)                          HTML     49K 
27: R48         Fair Value Measurement (Tables)                     HTML    100K 
116: R49         Organization, Consolidation and Presentation of     HTML     49K  
                Financial Statements - Additional Information                    
                (Detail)                                                         
45: R50         Assets, Liabilities and Results of Operations of    HTML    100K 
                VIEs and Their Subsidiaries Included in Company's                
                Consolidated Balance Sheets and Statements of                    
                Comprehensive Income (Detail)                                    
112: R51         Summary of Significant Accounting Policies -        HTML     86K  
                Additional Information (Detail)                                  
50: R52         Estimated Useful Lives of Fixed Assets (Detail)     HTML     44K 
70: R53         Weighted Average Useful Lives from Date of          HTML     41K 
                Purchase of Intangible Assets (Detail)                           
26: R54         Business Combination - Additional Information       HTML     70K 
                (Detail)                                                         
30: R55         Summary of Estimated Fair Values of Assets          HTML     58K 
                Acquired, Liabilities Assumed and Noncontrolling                 
                Interest (Detail)                                                
62: R56         Pro Forma Consolidated Statements of Comprehensive  HTML     38K 
                Income (Detail)                                                  
37: R57         Investments - Short-term Investments - Additional   HTML     37K 
                information (Detail)                                             
121: R58         Investments - Long-term Investments - Additional    HTML     43K  
                information (Detail)                                             
77: R59         Investments (Detail)                                HTML     58K 
102: R60         Accounts Receivable (Detail)                        HTML     42K  
53: R61         Movement in Allowance for Doubtful Accounts         HTML     39K 
                (Detail)                                                         
56: R62         Other Current Assets (Detail)                       HTML     47K 
109: R63         Fixed Assets (Detail)                               HTML     49K  
106: R64         Fixed Assets - Additional Information (Detail)      HTML     60K  
80: R65         Changes in Carrying Amount of Goodwill (Detail)     HTML     46K 
108: R66         Finite-Lived Intangible Assets (Detail)             HTML     47K  
51: R67         Goodwill and Intangible Assets - Additional         HTML     40K 
                Information (Detail)                                             
85: R68         Estimated Amortization Expense Relating to          HTML     46K 
                Existing Intangible Assets with Finite Lives                     
                (Detail)                                                         
123: R69         Indefinite-Lived Intangible Assets (Detail)         HTML     35K  
29: R70         Accounts Payable and Accrued Liabilities (Detail)   HTML     67K 
43: R71         Loans Payable - Additional Information (Detail)     HTML     57K 
71: R72         Notes Payable - Additional Information (Detail)     HTML     57K 
35: R73         Repayment of Principal Amount of Long Term Debts    HTML     48K 
                (Detail)                                                         
126: R74         Income Taxes - Additional Information (Detail)      HTML     69K  
47: R75         Income Before Income Taxes (Detail)                 HTML     42K 
38: R76         Components of Income Tax (Detail)                   HTML     49K 
42: R77         Reconciliation of Tax Computed By Applying          HTML     71K 
                Respective Statutory Income Tax Rate to Effective                
                Income Tax Rate (Detail)                                         
31: R78         Tax Effects of Temporary Differences that Give      HTML     63K 
                Rise to Deferred Tax Balances (Detail)                           
34: R79         Employee Defined Combination Plan - Additional      HTML     36K 
                Information (Detail)                                             
93: R80         Commitment and Contingencies - Additional           HTML     44K 
                Information (Detail)                                             
40: R81         Future Minimum Payments Under Non-Cancelable        HTML     53K 
                Operating Leases with Initial Terms of One-Year or               
                More (Detail)                                                    
122: R82         Future Minimum Payments Under Non-Cancelable        HTML     41K  
                Licensing Agreements (Detail)                                    
68: R83         Summary of Redeemable Noncontrolling Interest       HTML     59K 
                (Detail)                                                         
100: R84         Summary of Redeemable Noncontrolling Interest       HTML     45K  
                (Parenthetical) (Detail)                                         
107: R85         Shareholder's Equity - Additional Information       HTML     68K  
                (Detail)                                                         
39: R86         Shareholders' Equity (Detail)                       HTML     44K 
41: R87         Components of Accumulated Other Comprehensive       HTML     51K 
                Income (Loss) (Detail)                                           
119: R88         Tax Effect Allocated to Each Component of Other     HTML     48K  
                Comprehensive Income (Detail)                                    
36: R89         Reconciliation of Net Income to Numerator for       HTML     44K 
                Computation of Basic and Diluted Net Income per                  
                Share (Detail)                                                   
94: R90         Computation of Basic and Diluted Net Income         HTML     85K 
                Attributable to Baidu, Inc. Per Share for Class A                
                and Class B Ordinary Shares (Detail)                             
90: R91         Share Based Award Plan - Additional Information     HTML     68K 
                (Detail)                                                         
110: R92         Option Activity - Baidu, Inc. (Detail)              HTML     88K  
89: R93         Assumptions Used to Estimate Fair Values of Share   HTML     54K 
                Options Granted - Baidu, Inc. (Detail)                           
76: R94         Restricted Shares Activity (Detail)                 HTML     58K 
115: R95         Total Share-Based Compensation Cost Recognized      HTML     44K  
                (Detail)                                                         
74: R96         Segment Reporting - Additional Information          HTML     35K 
                (Detail)                                                         
48: R97         Revenues by Geographic Area (Detail)                HTML     38K 
83: R98         Long-lived Assets by Geographic Area (Detail)       HTML     37K 
78: R99         Fair Value Disclosure and Measurement (Detail)      HTML    102K 
61: R100        Subsequent Events - Additional Information          HTML     36K 
                (Detail)                                                         
125: XML         IDEA XML File -- Filing Summary                      XML    187K  
28: EXCEL       IDEA Workbook of Financial Reports                  XLSX    338K 
57: EXCEL       IDEA Workbook of Financial Reports (.xls)            XLS   1.99M 
19: EX-101.INS  XBRL Instance -- bidu-20131231                       XML   3.10M 
21: EX-101.CAL  XBRL Calculations -- bidu-20131231_cal               XML    356K 
22: EX-101.DEF  XBRL Definitions -- bidu-20131231_def                XML    950K 
23: EX-101.LAB  XBRL Labels -- bidu-20131231_lab                     XML   2.00M 
24: EX-101.PRE  XBRL Presentations -- bidu-20131231_pre              XML   1.39M 
20: EX-101.SCH  XBRL Schema -- bidu-20131231                         XSD    277K 
52: ZIP         XBRL Zipped Folder -- 0001193125-14-120068-xbrl      Zip    305K 


‘EX-15.1’   —   Letter re: Unaudited Interim Financial Information


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



  EX-15.1  

EXHIBIT 15.1

[Maples and Calder Letterhead]

Baidu, Inc.

Baidu Campus

No. 10 Shangdi 10th Street

Haidian District, Beijing 100085

The People’s Republic of China

28 March 2014

Dear Sirs

Baidu, Inc.

We consent to the reference to our firm under the heading “Item 10.E. Additional Information—Taxation—Cayman Islands Taxation” and “Item 16G. Corporate Governance” in Baidu Inc.’s Annual Report on Form 20-F for the year ended 31 December 2013 (the “Annual Report”), which will be filed with the Securities and Exchange Commission (the “SEC”) in the month of March 2014, and further consent to the incorporation by reference into the Registration Statement (Form S-8 No. 333-129374) pertaining to Baidu, Inc.’s 2000 Option Plan, Registration Statement (Form S-8 No. 333-158678) pertaining to Baidu, Inc.’s 2008 Share Incentive Plan, and Registration Statement (Form F-3 No. 333-184757) of Baidu, Inc. of the summary of our opinion under the heading “Item 10.E. Additional Information—Taxation—Cayman Islands Taxation” and “Item 16G. Corporate Governance” in the Annual Report. We also consent to the filing with the SEC of this consent letter as an exhibit to the Annual Report.

In giving such consent, we do not thereby admit that we come within the category of persons whose consent is required under Section 7 of the Securities Act of 1933, or under the Securities Exchange Act of 1934, in each case, as amended, or the regulations promulgated thereunder.

Yours faithfully,

/s/ Maples and Calder


7 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/15/24  Baidu, Inc.                       20-F       12/31/23  159:24M                                    Donnelley … Solutions/FA
 3/22/23  Baidu, Inc.                       20-F       12/31/22  164:28M                                    Donnelley … Solutions/FA
 3/28/22  Baidu, Inc.                       20-F       12/31/21  168:26M                                    Donnelley … Solutions/FA
 3/09/21  Baidu, Inc.                       20-F       12/31/20  166:25M                                    Donnelley … Solutions/FA
 6/10/14  SEC                               UPLOAD10/21/17    1:128K Baidu, Inc.
 5/22/14  SEC                               UPLOAD10/21/17    1:138K Baidu, Inc.
 4/29/14  SEC                               UPLOAD10/21/17    1:159K Baidu, Inc.
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Filing Submission 0001193125-14-120068   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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