Investment securities and fair value disclosure (Tables)

12 Months Ended

Mar. 31, 2018

Investment securities and fair value disclosure

Schedule of investment securities at cost and at fair value

	As of March 31, 2017
	Original cost		Gross unrealized gains		Gross unrealized losses			Provision for decline in value			Fair value
	(in millions of RMB)
Assets
Available-for-sale securities:
Listed equity securities		15,325		9,792		(836	)		(1,019	)		23,262
Held-to-maturity securities		12,241		—		—			(180	)		12,061
Investment securities accounted for under the fair value option		183		—		—			—			183
		27,749		9,792		(836	)		(1,199	)		35,506

	As of March 31, 2018
	Original cost		Gross unrealized gains		Gross unrealized losses			Provision for decline in value			Fair value
	(in millions of RMB)
Assets
Available-for-sale securities:
Listed equity securities		20,303		10,990		(1,587	)		(983	)		28,723
Held-to-maturity securities		12,642		—		—			(179	)		12,463
Investment securities accounted for under the fair value option		1,754		67		—			—			1,821
		34,699		11,057		(1,587	)		(1,162	)		43,007

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, 2017
	Level 1		Level 2		Level 3		Total
	(in millions of RMB)
Assets
Short-term investments		3,011		—		—		3,011
Restricted cash and escrow receivables		2,655		—		—		2,655
Available-for-sale securities:
Listed equity securities		23,262		—		—		23,262
Investment securities accounted for under the fair value option		—		—		183		183
Interest rate swap contracts		—		436		—		436
		28,928		436		183		29,547
Liabilities
Forward exchange contracts		—		78		—		78
Contingent consideration in relation to investments and acquisitions		—		—		921		921
		—		78		921		999

	As of March 31, 2018
	Level 1		Level 2		Level 3		Total
	(in millions of RMB)
Assets
Short-term investments		6,086		—		—		6,086
Restricted cash and escrow receivables		3,417		—		—		3,417
Available-for-sale securities:
Listed equity securities		28,723		—		—		28,723
Investment securities accounted for under the fair value option		—		—		1,821		1,821
Interest rate swap contracts		—		542		—		542
		38,226		542		1,821		40,589
Liabilities
Contingent consideration in relation to investments and acquisitions		—		—		120		120
		—		—		120		120

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

	Amounts
	(in millions of RMB)
Balance as of April 1, 2016		4,622
Decrease in fair value		(113	)
Conversion or exchange (Notes 4(c) and 4(z))		(4,678	)
Foreign currency translation adjustments		169
Balance as of March 31, 2017		—
Additions		1,264
Foreign currency translation adjustments		(8	)
Balance as of March 31, 2018		1,256

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

	Amounts
	(in millions of RMB)
Balance as of April 1, 2016		1,264
Additions		293
Net decrease in fair value		(642	)
Foreign currency translation adjustments		6
Balance as of March 31, 2017		921
Repayment		(770	)
Net decrease in fair value		(17	)
Foreign currency translation adjustments		(14	)
Balance as of March 31, 2018		120