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Segment information (Tables)
12 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Schedule of adjusted EBITA

The following table presents the summary of adjusted earnings before interest, taxes and amortization (“Adjusted EBITA”) for each segment which is considered as a segment operating performance measure, for the years ended March 31, 2022, 2023 and 2024:

 

 

 

 

Year ended March 31,

 

 

 

2022

 

 

2023

 

 

2024

 

 

 

RMB

 

 

RMB

 

 

RMB

 

 

 

(in millions)

 

Taobao and Tmall Group

 

 

192,218

 

 

 

189,140

 

 

 

194,827

 

Cloud Intelligence Group

 

 

3,744

 

 

 

4,101

 

 

 

6,121

 

Alibaba International Digital Commerce Group

 

 

(8,614

)

 

 

(4,944

)

 

 

(8,035

)

Cainiao Smart Logistics Network Limited

 

 

(1,465

)

 

 

(391

)

 

 

1,402

 

Local Services Group

 

 

(20,059

)

 

 

(13,148

)

 

 

(9,812

)

Digital Media and Entertainment Group

 

 

(5,509

)

 

 

(2,789

)

 

 

(1,539

)

All others

 

 

(16,295

)

 

 

(9,388

)

 

 

(9,160

)

Total segments Adjusted EBITA (i)

 

 

144,020

 

 

 

162,581

 

 

 

173,804

 

 

26.
Segment information (Continued)
Schedule of reconciliation from the adjusted EBITA to the consolidated net income

The following table presents the reconciliation from the total segments Adjusted EBITA to the consolidated net income for the years ended March 31, 2022, 2023 and 2024:

 

 

Year ended March 31,

 

 

2022

 

 

2023

 

 

2024

 

 

 

RMB

 

 

RMB

 

 

RMB

 

 

(in millions)

 

Total segments Adjusted EBITA

 

 

144,020

 

 

 

162,581

 

 

 

173,804

 

Unallocated (ii)

 

 

(12,672

)

 

 

(12,143

)

 

 

(6,190

)

Inter-segment elimination

 

 

(951

)

 

 

(2,527

)

 

 

(2,586

)

Share-based compensation expense

 

 

(23,971

)

 

 

(30,831

)

 

 

(18,546

)

Amortization and impairment of intangible assets

 

 

(11,647

)

 

 

(13,504

)

 

 

(21,592

)

Impairment of goodwill, and others

 

 

(25,141

)

 

 

(3,225

)

 

 

(11,540

)

Consolidated income from operations

 

 

69,638

 

 

 

100,351

 

 

 

113,350

 

Interest and investment income, net

 

 

(15,702

)

 

 

(11,071

)

 

 

(9,964

)

Interest expense

 

 

(4,909

)

 

 

(5,918

)

 

 

(7,947

)

Other income, net

 

 

10,523

 

 

 

5,823

 

 

 

6,157

 

Income tax expenses

 

 

(26,815

)

 

 

(15,549

)

 

 

(22,529

)

Share of results of equity method investees

 

 

14,344

 

 

 

(8,063

)

 

 

(7,735

)

Consolidated net income

 

 

47,079

 

 

 

65,573

 

 

 

71,332

 

 

Schedule of depreciation and impairment of property and equipment and land use rights by segment

The following table presents the consolidated depreciation and impairment of property and equipment, and operating lease cost relating to land use rights by segment for the years ended March 31, 2022, 2023 and 2024:

 

 

Year ended March 31,

 

 

2022

 

 

2023

 

 

2024

 

 

 

RMB

 

 

RMB

 

 

RMB

 

 

(in millions)

 

Taobao and Tmall Group

 

 

450

 

 

 

345

 

 

 

464

 

Cloud Intelligence Group

 

 

16,572

 

 

 

16,589

 

 

 

14,335

 

Alibaba International Digital Commerce Group

 

 

593

 

 

 

712

 

 

 

961

 

Cainiao Smart Logistics Network Limited

 

 

733

 

 

 

909

 

 

 

1,254

 

Local Services Group

 

 

137

 

 

 

106

 

 

 

113

 

Digital Media and Entertainment Group

 

 

58

 

 

 

55

 

 

 

45

 

All others

 

 

7,702

 

 

 

7,104

 

 

 

7,278

 

Total segments depreciation and impairment of property and equipment,
   and operating lease cost relating to land use rights

 

 

26,245

 

 

 

25,820

 

 

 

24,450

 

 

(i)
Adjusted EBITA represents net income before interest and investment income, net, interest expense, other income, net, income tax expenses, share of results of equity method investees, share-based compensation expense, amortization and impairment of intangible assets, impairment of goodwill, and others, which the Company does not believe are reflective of the Company's core operating performance during the periods presented.
(ii)
Unallocated primarily relates to certain costs incurred by corporate functions and other miscellaneous items that are not allocated to individual segments.