Baidu Income Statement

Quarterly: March 2012 - December 2009 Previous Quarters
Annual

Income	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Revenue	677.10M	710.90M	654.70M	528.40M	341.70M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Cost of Revenue	198.58M	193.94M	172.79M	135.57M	101.93M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Gross Profit	478.52M	516.96M	481.91M	392.83M	239.77M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Research & Development Expense	70.37M	64.73M	59.70M	45.99M	36.41M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Selling, General, & Admin. Expense	75.99M	81.83M	71.88M	58.14M	50.62M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Depreciation & Amortization		0.00				Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Operating Interest Expense						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Operating Income (Expense)						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Operating Expenses	344.94M	340.50M	304.37M	239.70M	188.96M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Operating Income	332.16M	370.40M	350.33M	288.70M	152.74M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Non-Operating Income	17.07M	23.30M	-5.17M	9.19M	8.71M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Pretax Income	349.20M	382.36M	342.57M	295.39M	190.53M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Provision for Income Taxes	52.59M	63.18M	49.60M	43.96M	27.59M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income after Tax	296.61M	319.18M	292.97M	251.43M	162.94M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest		0.00				Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest		0.00				Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Equity In Affiliates						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income Before Extraordinaries & Disc. Operations	299.00M	326.30M	295.00M	252.60M	163.50M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Investment Gains/Losses		0.00				Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Income/Charges		0.00				Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income from Discontinued Operations	0.00	0.00	0.00	0.00	0.00	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Net Income	299.00M	326.30M	295.00M	252.60M	163.50M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Earnings Per Share Data	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Average Shares to compute diluted EPS	351.76	349.66	349.68	350.83	347.87	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Average Shares used to compute basic EPS	351.76	349.07	348.99	350.83	347.87	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Basic net	0.85	0.94	0.84	0.72	0.47	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Diluted net	0.85	0.93	0.84	0.72	0.47	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro