Significant mergers and acquisitions and investments (Tables)

12 Months Ended

Mar. 31, 2024

Acquisition

Schedule of the allocation of the purchase price as of the date of acquisition

Acquisitions that constitute business combinations are summarized in the following table:

	Year ended March 31,
	2022			2023			2024
	RMB			RMB			RMB
	(in millions)
Net assets		852			1			28
Identifiable intangible assets		1,000			285			602
Deferred tax liabilities		(170	)		(68	)		(199	)
		1,682			218			431
Noncontrolling interests and mezzanine equity		(1,884	)		(38	)		(98	)
Net identifiable (liabilities) assets		(202	)		180			333
Goodwill		3,283			583			1,782
Total purchase consideration		3,081			763			2,115
Fair value of previously held equity interests		(31	)		—			—
Purchase consideration settled		(2,671	)		(481	)		(2,038	)
Deferred consideration as of year end		379			282			77
Total purchase consideration is comprised of:
- cash consideration		3,050			763			2,115
- fair value of previously held equity interests		31			—			—
		3,081			763			2,115