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Accrued expenses, accounts payable and other liabilities (Tables)
12 Months Ended
Mar. 31, 2019
Accrued expenses, accounts payable and other liabilities  
Schedule of accrued expenses, accounts payable and other liabilities

 

 

 

 

 

 

 

As of March 31,

 

    

2018

    

2019

 

 

(in millions of RMB)

Current:

 

 

 

 

Payables and accruals for cost of revenue and sales and marketing expenses

 

40,363

 

51,958

Accrued bonus and staff costs, including sales commission

 

11,212

 

14,034

Payable to merchants and third party marketing affiliates

 

6,584

 

12,554

Other deposits and advances received

 

6,271

 

10,447

Payables and accruals for purchases of property and equipment

 

6,095

 

5,548

Amounts due to related companies (i)

 

1,996

 

4,570

Other taxes payable (ii)

 

2,382

 

3,448

Contingent and deferred consideration in relation to investments and acquisitions

 

807

 

3,301

Accrued professional services and administrative expenses

 

1,371

 

2,361

Accrued donations

 

1,215

 

1,738

Accrual for interest expense

 

885

 

924

Others (iii)

 

1,984

 

6,828

 

 

81,165

 

117,711

Non-current:

 

 

 

 

Contingent and deferred consideration  in relation to investments and acquisitions

 

408

 

3,872

Others

 

1,637

 

2,315

 

 

2,045

 

6,187

 

(i)

Amounts due to related companies primarily represent balances arising from the transactions with Ant Financial and its subsidiaries (Note 21). The balances are unsecured, interest free and repayable within the next twelve months.

(ii)

Other taxes payable represent business tax, VAT and related surcharges and PRC individual income tax of employees withheld by the Company.

(iii)

Other current liabilities as of March 31, 2019 include a settlement provision of US$250 million (RMB1,679 million) for a U.S. federal class action lawsuit that has been pending since January 2015 (Note 24(g)).