ACCOUNTS RECEIVABLES

12 Months Ended

Dec. 31, 2011

ACCOUNTS RECEIVABLES

ACCOUNTS RECEIVABLES

4. ACCOUNTS RECEIVABLES

        Net accounts receivable consists of the following as of December 31, 2010 and 2011:

	December 31,
	2010			2011
Accounts receivable		15,248,519			42,340,033
Allowance for doubtful accounts
Beginning balance as of January 1		21,968			22,727
Reversal of allowance against profit and loss		(21,968	)		—
Additional allowance during the year		22,727			673,414
Exchange effect		—			1,105
Less: ending balance of allowance for doubtful accounts		22,727			697,246
Accounts receivable, net		15,225,792			41,642,787

        As the Group generally does not have credit risk in movie theaters box office sales, allowance for doubtful accounts primarily relates to accounts receivable from film licensing revenues, advertising and talent agency services.