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Intangible assets, net (Tables)
12 Months Ended
Mar. 31, 2019
Intangible assets, net  
Schedule of intangible assets, net

 

 

 

 

 

 

 

 

As of March 31, 

 

    

2018

    

2019

 

 

(in millions of RMB)

User base and customer relationships

 

13,510

 

47,913

Trade names, trademarks and domain names

 

14,198

 

22,592

Non-compete agreements (i)

 

7,820

 

12,528

Developed technology and patents

 

5,463

 

9,510

Licensed copyrights (Note 2(y))

 

9,182

 

9,225

Others

 

225

 

1,358

 

 

50,398

 

103,126

Less: accumulated amortization and impairment

 

(22,933)

 

(34,850)

Net book value

 

27,465

 

68,276

 

(i)In April 2017, the Company entered into a non-compete agreement with a former management member of Youku (Note 4(h)), with a fair value of RMB2,528 million. As of March 31, 2019, the remaining amortization period of the non-compete agreement is one year.

Schedule of estimated future aggregate amortization expenses

 

 

 

 

 

    

Amounts

 

    

(in millions of RMB)

For the year ending March 31,

 

 

2020

 

14,418

2021

 

11,362

2022

 

8,779

2023

 

7,793

2024

 

7,378

Thereafter

 

18,546

 

 

68,276