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Accrued expenses, accounts payable and other liabilities
12 Months Ended
Mar. 31, 2023
Accounts Payable and Accrued Liabilities [Abstract]  
Accrued expenses, accounts payable and other liabilities
19.
Accrued expenses, accounts payable and other liabilities

 

 

As of March 31,

 

 

2022

 

 

2023

 

 

 

RMB

 

 

RMB

 

 

(in millions)

 

Current:

 

 

 

 

 

 

Payables and accruals for cost of revenue and sales and marketing expenses

 

 

107,205

 

 

 

103,369

 

Other deposits and advances received (i)

 

 

55,200

 

 

 

54,964

 

Payable to merchants and third party marketing affiliates

 

 

26,798

 

 

 

31,425

 

Accrued bonus and staff costs, including sales commission

 

 

28,343

 

 

 

29,000

 

Payables and accruals for purchases of property and equipment

 

 

17,032

 

 

 

15,625

 

Amounts due to related companies (ii)

 

 

7,783

 

 

 

10,383

 

Other taxes payable (iii)

 

 

8,761

 

 

 

6,997

 

Operating lease liabilities (Note 6)

 

 

4,994

 

 

 

5,667

 

Contingent and deferred consideration in relation to investments and acquisitions

 

 

2,045

 

 

 

901

 

Escrow money payable

 

 

203

 

 

 

107

 

Others

 

 

13,096

 

 

 

17,512

 

 

 

271,460

 

 

 

275,950

 

Non-current:

 

 

 

 

 

 

Operating lease liabilities (Note 6)

 

 

30,259

 

 

 

28,548

 

Contingent and deferred consideration in relation to investments and acquisitions

 

 

990

 

 

 

1,058

 

Others

 

 

628

 

 

 

773

 

 

 

31,877

 

 

 

30,379

 

 

(i)
Other deposits and advances received as of March 31, 2022 and 2023 include buyer protection fund deposits received from merchants on the Company’s marketplaces (Note 10).
(ii)
Amounts due to related companies primarily represent balances arising from the transactions with Ant Group (Note 22). The balances are unsecured, interest free and repayable within the next twelve months.
(iii)
Other taxes payable primarily represent VAT and PRC individual income tax of employees withheld by the Company.