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Goodwill
12 Months Ended
Mar. 31, 2019
Goodwill  
Goodwill

16.Goodwill

Changes in the carrying amount of goodwill by segment for the years ended March 31, 2018 and 2019 were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Digital media

 

Innovation

 

 

 

 

Core

 

Cloud

 

and

 

initiatives and

 

 

 

    

commerce

    

computing

    

entertainment

    

others

    

Total

 

 

(in millions of RMB)

Balance as of April 1, 2017

 

79,855

 

368

 

40,521

 

4,676

 

125,420

Additions (i)

 

37,458

 

 —

 

335

 

 —

 

37,793

Impairment

 

 —

 

 —

 

(494)

 

 —

 

(494)

Foreign currency translation adjustments

 

(515)

 

 —

 

(55)

 

 —

 

(570)

Balance as of March 31, 2018

 

116,798

 

368

 

40,307

 

4,676

 

162,149

Additions (i)

 

80,760

 

1,118

 

20,165

 

575

 

102,618

Foreign currency translation adjustments

 

157

 

(25)

 

36

 

 —

 

168

Balance as of March 31, 2019

 

197,715

 

1,461

 

60,508

 

5,251

 

264,935

 

(i)During the year ended March 31, 2018, additions under the core commerce segment were primarily related to the acquisition of Cainiao Network (Note 4(f)).

During the year ended March 31, 2019, additions under the core commerce segment and the digital media and entertainment segment were primarily related to the acquisitions of Koubei and Ele.me (Note 4(c)) and the acquisition of Alibaba Pictures (Note 4(b)), respectively.

Gross goodwill balances were RMB166,093 million and RMB268,879 million as of March 31, 2018 and 2019, respectively. Accumulated impairment losses were RMB3,944 million as of March 31, 2018 and 2019.

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 nil,  RMB494 million and nil during the years ended March 31, 2017, 2018 and 2019, 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 25) because the CODM of the Company does not consider this as part of the segment operating performance measure.