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Goodwill
12 Months Ended
Mar. 31, 2017
Goodwill  
Goodwill

 

16.   Goodwill

Changes in the carrying amount of goodwill by segment for the years ended March 31, 2016 and 2017 were as follows:

                                                                                                                                                                                    

 

 

 

Core
commerce

 

Cloud
computing

 

Digital media
and
entertainment

 

Innovation
initiatives and
others

 

Total

 

 

 

 

(in millions of RMB)

 

 

Balance as of April 1, 2015

 

 

16,297

 

 

368

 

 

20,498

 

 

4,770

 

 

41,933

 

 

Additions

 

 

49,926

 

 

 

 

797

 

 

 

 

50,723

 

 

Deconsolidation of a subsidiary (Note 4(j))

 

 

 

 

 

 

(10,556

)

 

 

 

(10,556

)

 

Impairment

 

 

 

 

 

 

(361

)

 

(94

)

 

(455

)

​  

​  

​  

​  

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​  

​  

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​  

​  

 

Balance as of March 31, 2016

 

 

66,223

 

 

368

 

 

10,378

 

 

4,676

 

 

81,645

 

 

Additions

 

 

13,298

 

 

 

 

30,110

 

 

 

 

43,408

 

 

Foreign currency translation adjustments

 

 

334

 

 

 

 

33

 

 

 

 

367

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Balance as of March 31, 2017

 

 

79,855

 

 

368

 

 

40,521

 

 

4,676

 

 

125,420

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

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​  

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​  

Gross goodwill balances were RMB85,095 million and RMB128,870 million as of March 31, 2016 and 2017, respectively. Accumulated impairment losses were RMB3,450 million and RMB3,450 million as of the same dates, respectively.

In the annual goodwill impairment assessment, the Company concluded that the carrying amounts of certain reporting units exceeded their respective fair values and recorded impairment losses of RMB175 million, RMB455 million and nil during the years ended March 31, 2015, 2016 and 2017, respectively. The impairment losses were resulted from a revision of long-term financial outlook and the change in business model of those reporting units. The impairment loss was determined by comparing the carrying amounts of goodwill associated with the reporting units with their respective implied fair values of the goodwill. The goodwill impairment is presented as an unallocated item in the segment information (Note 26) because the CODM of the Company does not consider this as part of the segment operating performance measure.