Investment securities and fair value disclosure (Tables)

12 Months Ended

Mar. 31, 2016

Investment securities and fair value disclosure

Schedule of investment securities at cost and at fair value

	As of March 31, 2015
	Original cost		Gross unrealized gains		Gross unrealized losses			Provision for decline in value		Fair value
	(in millions of RMB)
Assets
Trading securities:
Listed equity securities		619		115		(58	)		—		676
Financial derivatives		86		532		(1	)		—		617
Available-for-sale securities:
Listed equity securities and other treasury investments		8,261		3,822		(446	)		—		11,637
Equity fund		184		52		—			—		236
Held-to-maturity securities		1,384		—		—			—		1,384
Convertible bonds accounted for under the fair value option		3,983		150		(414	)		—		3,719
		14,517		4,671		(919	)		—		18,269

	As of March 31, 2016
	Original cost		Gross unrealized gains		Gross unrealized losses			Provision for decline in value			Fair value
	(in millions of RMB)
Assets
Trading securities:
Listed equity securities		646		230		(105	)		—			771
Financial derivatives		7		171		—			—			178
Available-for-sale securities:
Listed equity securities and other treasury investments		12,701		5,940		(438	)		(957	)		17,246
Held-to-maturity securities		10,760		—		—			(7	)		10,753
Convertible bonds accounted for under the fair value option		4,256		366		—			—			4,622
		28,370		6,707		(543	)		(964	)		33,570

Table of assets and liabilities that are measured at fair value on a recurring basis and categorized using the fair value hierarchy

	As of March 31, 2015
	Level 1		Level 2		Level 3		Total
	(in millions of RMB)
Assets
Short-term investments		14,148		—		—		14,148
Restricted cash		2,297		—		—		2,297
Trading securities:
Listed equity securities		676		—		—		676
Financial derivatives		—		617		—		617
Available-for-sale securities:
Listed equity securities		11,637		—		—		11,637
Equity fund		236		—		—		236
Convertible bond accounted for under the fair value option		—		—		3,719		3,719
		28,994		617		3,719		33,330
Liabilities
Contingent consideration in relation to investments and acquisitions		—		—		1,278		1,278

	As of March 31, 2016
	Level 1		Level 2		Level 3		Total
	(in millions of RMB)
Assets
Short-term investments		4,700		—		—		4,700
Restricted cash		1,346		—		—		1,346
Trading securities:
Listed equity securities		771		—		—		771
Financial derivatives		—		178		—		178
Available-for-sale securities:
Listed equity securities		17,246		—		—		17,246
Convertible bond accounted for under the fair value option		—		—		4,622		4,622
		24,063		178		4,622		28,863
Liabilities
Forward exchange contracts		—		461		—		461
Contingent consideration in relation to investments and acquisitions		—		—		1,264		1,264
		—		461		1,264		1,725

Schedule of rolling forward of convertible bonds accounted for under the fair value option

	Amounts
	(in millions of RMB)
Balance at April 1, 2014		1,044
Additions (Note 4(r))		2,944
Decrease in fair value		(264	)
Foreign currency translation adjustments		(5	)
Balance at March 31, 2015		3,719
Increase in fair value		630
Foreign currency translation adjustments		273
Balance at March 31, 2016		4,622

Schedule of rolling forward of contingent consideration in relation to investments and acquisitions

	Amounts
	(in millions of RMB)
Balance at April 1, 2014		326
Repayment		(227	)
Additions (Note 4(g))		1,094
Increase in fair value		85
Balance at March 31, 2015		1,278
Decrease in fair value		(14	)
Balance at March 31, 2016		1,264