ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

12 Months Ended

Dec. 31, 2011

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

13. ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

        Accrued expenses and other current liabilities consist of the following at:

	December 31,
	2010		2011
Advance from third parties		7,320,415		79,442
Advance from customers		5,814,694		16,369,726
Other account payable to third parties		1,058,649		571,292
Payables for rental expenses		2,014,875		4,348,253
Business taxes and other tax payable		1,172,379		1,457,394
Accrued payroll, welfare and other social expenses		528,448		1,198,252
Accrued professional fee		1,667,606		832,368
Payables for acquisition of Alpha Speed Limited and Bona Starlight		—		2,383,260
Total		19,577,066		27,239,987

        Advance from third parties represents amounts payable to third parties for working capital. Advance from customers represents upfront payments received from customers for licensing fees. Other account payable to third parties primarily represents payables for film developing, printing, and advertising fees. Payables for rental expenses represent rental expense payable for cinemas. Accrued welfare and other social expenses were for the payments of miscellaneous welfare expense, pension, and other social insurance to employees of the Group. Accrued professional fee represent amounts payable to auditors and lawyers for professional services primarily.