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Other income, net
12 Months Ended
Mar. 31, 2020
Other income, net  
Other income, net

6.

Other income, net

Year ended March 31,

    

2018

    

2019

    

2020

(in millions of RMB) 

Profit Share Payments (Note 4(l))

 

3,444

 

517

 

3,835

Government grants (i)

 

555

 

666

 

998

Amortization of restructuring reserve

(264)

(264)

(97)

Exchange differences

(1,679)

(1,950)

(514)

Others

 

2,104

 

1,252

 

3,217

Total

 

4,160

 

221

 

7,439

(i)Government grants mainly represent amounts received from central and local governments in connection with the Company’s investments in local business districts and contributions to technology development.