
	As of December 31, 2021
	Gross carrying value		Accumulated amortization			Impairment amount			Net carrying value
	RMB		RMB			RMB			RMB
	(In millions)
Licensed copyrights
—Broadcasting rights		41,489		(33,017	)		(311	)		8,161
—Sublicensing rights		7,072		(7,044	)		—			28

		48,561		(40,061	)		(311	)		8,189

Less: current portion:
—Broadcasting rights		8,592		(7,662	)		(27	)		903
—Sublicensing rights		7,072		(7,044	)		—			28

		15,664		(14,706	)		(27	)		931

Licensed copyrights—non-current
—Broadcasting rights		32,897		(25,355	)		(284	)		7,258
—Sublicensing rights		—		—			—			—

		32,897		(25,355	)		(284	)		7,258


	As of December 31, 2022
	Gross carrying value		Accumulated amortization			Impairment amount			Net carrying value
	RMB		RMB			RMB			RMB		US$
	(In millions)
Licensed copyrights
—Broadcasting rights		43,217		(35,369	)		(261	)		7,587		1,100
—Sublicensing rights		7,399		(7,399	)		—			—		—

		50,616		(42,768	)		(261	)		7,587		1,100

Less: current portion:
—Broadcasting rights		8,213		(7,448	)		(19	)		746		108
—Sublicensing rights		7,399		(7,399	)		—			—		—

		15,612		(14,847	)		(19	)		746		108

Licensed copyrights—non-current
—Broadcasting rights		35,004		(27,921	)		(242	)		6,841		992
—Sublicensing rights		—		—			—			—		—

		35,004		(27,921	)		(242	)		6,841		992

Amortization expense of RMB11.5 billion, RMB10.1 billion and RMB7.8 billion (US$1.1 billion) for the years ended December 31, 2020, 2021 and 2022, respectively, was recognized as cost of revenues.

Estimated amortization expense relating to the existing licensed copyrights for each of the next three years is as follow:


	RMB		US$
	(In millions)
Within 1 year		3,028		439
Between 1 and 2 years		1,525		221
Between 2 and 3 years		1,068		155