	Cost method			Equity method			Total
	(in millions of RMB)
Balance at April 1, 2012		1,316			326			1,642
Additions		392			190			582
Share of results and other comprehensive income		—			(14	)		(14	)
Less: disposals and transfers		(99	)		(306	)		(405	)
Less: impairment loss		(245	)		—			(245	)
Foreign currency translation adjustments		(5	)		—			(5	)

Balance at March 31, 2013		1,359			196			1,555
Additions		12,655			3,908			16,563
Share of results and other comprehensive income (i)		—			(34	)		(34	)
Less: disposals and transfers		(262	)		—			(262	)
Less: impairment loss		(119	)		—			(119	)
Foreign currency translation adjustments		(44	)		7			(37	)

Balance at March 31, 2014		13,589			4,077			17,666
Additions		12,304			16,518			28,822
Share of results and other comprehensive income (i)		—			(1,148	)		(1,148	)
Less: disposals and transfers (ii)		(9,818	)		(806	)		(10,624	)
Less: impairment loss		(419	)		(438	)		(857	)
Foreign currency translation adjustments		17			1			18

Balance at March 31, 2015		15,673			18,204			33,877

(i)

Total share of results and other comprehensive income for the years ended March 31, 2014 and 2015 exclude the fair value adjustments of contingent consideration of a loss of RMB178 million and a gain of RMB68 million related to an equity investee, respectively. It also excludes an expense of RMB58 million in connection with the share-based awards relating to Ant Financial Services (Note 8(d)) granted to an equity investee by Junhan for the year ended March 31, 2015. Such awards are accounted for as equity contributions from Junhan and recorded in additional paid-in capital and the corresponding expense is recorded in the consolidated financial statements for the year ended March 31, 2015.

(ii)

Transfers during the year ended March 31, 2015 primarily relate to the step acquisitions of OneTouch (Note 4(h)), UCWeb (Note 4(g)), AutoNavi (Note 4(e)), as well as an additional investment in Weibo (Note 4(o)).