Significant equity transactions, restructuring transactions, mergers and acquisitions and equity investments (Tables)

12 Months Ended

Mar. 31, 2016

Alibaba Health

Acquisition

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

	Amounts
	(in millions of RMB)
Net assets acquired		1,290
Amortizable intangible assets (i)
User base and customer relationships		8
Trade names, trademarks and domain names		35
Developed technology and patents		70
Goodwill		49,320
Deferred tax assets		19
Deferred tax liabilities		(19	)
Total		50,723
The equity value comprised of:
- fair value of previously held equity interests		19,264
- fair value of noncontrolling interests		31,459
Total		50,723

(i) Acquired amortizable intangible assets have estimated amortization periods not exceeding three years and a weighted-average amortization period of 2.6 years.

AutoNavi

Acquisition

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

	Amounts
	(in millions of RMB)
Net assets acquired		2,236
Amortizable intangible assets (i)
User base and customer relationships		255
Trade names, trademarks and domain names		249
Developed technology and patents		1,387
Goodwill		4,380
Deferred tax assets		72
Deferred tax liabilities		(284	)
Total		8,295

	Amounts
	(in millions of RMB)
Total purchase price comprised of:
- cash consideration		6,348
- fair value of previously held equity interests		1,947
Total		8,295

(i)Acquired amortizable intangible assets have estimated amortization periods not exceeding four years and a weighted-average amortization period of 3.0 years.

Alibaba Pictures

Acquisition

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

	Amounts
	(in millions of RMB)
Net assets acquired (i)		5,899
Amortizable intangible assets (ii)
User base and customer relationships		4
Trade names, trademarks and domain names		95
Others		38
Goodwill		9,759
Deferred tax assets		13
Deferred tax liabilities		(17	)
Noncontrolling interests		(10,836	)
Total		4,955

(i)Net assets include the cash consideration of RMB4,955 million.

(ii)Acquired amortizable intangible assets have estimated amortization periods not exceeding three years and a weighted-average amortization period of 2.5 years.

UCWeb

Acquisition

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

	Amounts
	(in millions of RMB)
Net assets acquired (i)		1,159
Amortizable intangible assets (ii)
User base and customer relationships		106
Trade names, trademarks and domain names		591
Developed technology and patents		561
Non-compete agreements		1,823
Goodwill		10,376
Deferred tax liabilities		(21	)
Total		14,595
Total purchase price comprised of:
- cash consideration		2,826
- share-based consideration		3,782
- fair value of previously held equity interests		7,987
Total		14,595

(i)Net assets acquired included noncontrolling interests of RMB220 million that is classified as mezzanine equity.

(ii)Acquired amortizable intangible assets have estimated amortization periods not exceeding four years and a weighted-average amortization period of 3.4 years.

One Touch

Acquisition

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

	Amounts
	(in millions of RMB)
Net assets acquired		105
Amortizable intangible assets (i)
User base and customer relationships		25
Trade names, trademarks and domain names		196
Developed technology and patents		4
Non-compete agreements		703
Goodwill		3,998
Deferred tax liabilities		(232	)
Total		4,799
Total purchase price comprised of:
- cash consideration		790
- contingent cash consideration		1,094
- fair value of previously held equity interests		2,915
Total		4,799

(i)Acquired amortizable intangible assets have estimated amortization periods not exceeding five years and a weighted-average amortization period of 4.5 years

Other acquisitions, summarized

Acquisition

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

	Year ended March 31,
	2014			2015			2016
	(in millions of RMB)
Net assets		24			266			350
Identifiable intangible assets		486			421			876
Deferred tax assets		—			5			—
Deferred tax liabilities		(29	)		(95	)		(198	)
		481			597			1,028
Noncontrolling interests		—			(269	)		(10	)
Net identifiable assets acquired		481			328			1,018
Goodwill		543			1,806			1,403
Total purchase consideration		1,024			2,134			2,421
Fair value of previously held equity interests		—			(107	)		—
Purchase consideration settled		(731	)		(1,927	)		(2,360	)
Contingent/deferred consideration as of year end		293			100			61
Total purchase consideration comprised of:
- cash consideration		843			2,027			2,421
- fair value of previously held equity interests		—			107			—
- share-based consideration		181			—			—
Total		1,024			2,134			2,421