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CONSOLIDATED STATEMENTS OF CASH FLOWS
¥ in Millions, $ in Millions
12 Months Ended
Mar. 31, 2018
USD ($)
Mar. 31, 2018
CNY (¥)
Mar. 31, 2017
CNY (¥)
Mar. 31, 2016
CNY (¥)
Cash flows from operating activities:        
Net income $ 9,791 ¥ 61,412 ¥ 41,226 ¥ 71,289
Adjustments to reconcile net income to net cash provided by operating activities:        
Revaluation of previously held equity interest (3,896) (24,436) (770) (18,603)
Gain on disposals of equity investees (474) (2,971) (536) (3,089)
Realized and unrealized gain related to investment securities (11) (70) (5,488) (906)
Change in fair value of other assets and liabilities 225 1,415 (759) 84
(Gain) Loss on disposals of subsidiaries (2) (14) 35 (26,913)
Depreciation and amortization of property and equipment and land use rights 1,401 8,789 5,284 3,770
Amortization of intangible assets and licensed copyrights 2,109 13,231 9,008 3,278
Tax benefits from share-based awards     (1,369) (1,120)
Share-based compensation expense 3,201 20,075 15,995 16,082
Impairment of cost method investees and investment securities 290 1,816 2,298 1,864
Impairment of goodwill and licensed copyrights 207 1,295 857 455
(Gain) Loss on disposals of property and equipment (15) (95) 34 (11)
Amortization of restructuring reserve 42 264 264 264
Share of results of equity investees 3,315 20,792 5,027 1,730
Deferred income taxes 156 976 281 1,226
Allowance for doubtful accounts 97 610 1,680 483
Changes in assets and liabilities, net of effects of acquisitions and disposals:        
Escrow receivables (103) (643) (2,528)  
Prepayments, receivables and other assets (2,355) (14,765) (8,237) (4,504)
Income tax payable 1,054 6,610 4,698 1,237
Escrow money payable 103 643 2,528  
Accrued expenses, accounts payable and other liabilities 3,692 23,158 5,312 7,757
Merchant deposits 221 1,389 875 113
Deferred revenue and customer advances 907 5,690 4,611 2,350
Net cash provided by operating activities 19,955 125,171 80,326 56,836
Cash flows from investing activities:        
Decrease (Increase) in short-term investments, net (117) (730) 5,761 4,619
Decrease (Increase) in restricted cash (19) (121) 452 746
Decrease in trading securities, net     1,229 9
Payments for settlement of forward exchange contracts (94) (582) (256)  
Acquisitions of available-for-sale and other investment securities (1,892) (11,872) (4,669) (15,363)
Disposals of available-for-sale and other investment securities 1,152 7,223 4,354 2,177
Acquisitions of equity investees (8,568) (53,742) (39,429) (37,625)
Disposals of equity investees 986 6,185 4,941 10,021
Acquisitions of:        
Land use rights and construction in progress (642) (4,027) (5,326) (5,407)
Other property and equipment, intangible assets and licensed copyrights (4,114) (25,809) (12,220) (5,438)
Cash paid for business combinations, net of cash acquired (83) (520) (33,454) (1,495)
Deconsolidation and disposal of subsidiaries, net of cash proceeds (4) (27) 250 4,890
Loans to employees, net of repayments 21 132 3 35
Net cash used in investing activities (13,374) (83,890) (78,364) (42,831)
Cash flows from financing activities:        
Issuance of ordinary shares, including repayment of loan and interest receivable on employee loans for the exercise of ordinary shares 65 399 14,607 693
Repurchase of ordinary shares     (13,182) (19,795)
Acquisition of additional equity interests in non-wholly owned subsidiaries (2,173) (13,627)    
Payment for settlement of contingent consideration (123) (770)    
Subscription of rights for Partner Capital Investment Plan     87  
Dividend paid by a non-wholly owned subsidiary to noncontrolling interests (18) (112) (163) (3)
Capital injection from noncontrolling interests 180 1,124 1,543 56
Tax benefits from share-based awards     689 725
Proceeds from current bank borrowings 4,088 25,645 68,296 28,208
Repayment of current bank borrowings (4,758) (29,844) (67,169) (26,349)
Proceeds from non-current bank borrowings 188 1,179 28,381 765
Repayment of non-current bank borrowings (91) (570) (175) (146)
Proceeds from unsecured senior notes 7,304 45,817    
Repayment of unsecured senior notes (1,371) (8,602)    
Upfront fee payment for a revolving credit facility (45) (280)    
Net cash (used in) provided by financing activities 3,246 20,359 32,914 (15,846)
Effect of exchange rate changes on cash and cash equivalents (967) (6,067) 2,042 466
(Decrease) Increase in cash and cash equivalents 8,860 55,573 36,918 (1,375)
Cash and cash equivalents at beginning of year 22,915 143,736 106,818 108,193
Cash and cash equivalents at end of year 31,775 199,309 143,736 106,818
Supplemental disclosures of cash flow information:        
Payment of income taxes   10,058 9,652 6,465
Payment of interest   2,884 2,465 1,560
Business combinations:        
Cash paid for business combinations   (17,300) (41,836) (3,055)
Cash acquired in business combinations   16,780 8,382 1,560
Cash paid for business combinations, net of cash acquired $ (83) ¥ (520) ¥ (33,454) (1,495)
Restructuring of equity investments       ¥ 6,202