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Commitments | 12 Months Ended
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Mar. 31, 2015
Commitments |
Commitments | 24. Commitments (a) Capital commitments Capital expenditures contracted for are analyzed as follows:
|  |  | As of March 31, |
|  |  | 2014 |  | 2015 |
|  |  | (in millions of RMB) |
| Contracted but not provided for: |  |  |  |  |  |  |
| Purchase of property and equipment |  |  | 980 |  |  | 1,190 |
| Construction of corporate campuses |  |  | 1,562 |  |  | 2,181 |
​ | ​ | ​ | ​ | ​ | ​ | ​
|  |  |  | 2,542 |  |  | 3,371 |
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
(b) Operating lease commitments for office facility and transportation equipment The Company has leased office premises and transportation equipment under non-cancellable operating lease agreements. These leases have varying terms and renewal rights. The future aggregate minimum lease payments under non-cancellable operating leases are as follows:
|  |  | As of March 31, |
|  |  | 2014 |  | 2015 |
|  |  | (in millions of RMB) |
| No later than 1 year |  |  | 198 |  |  | 400 |
| Later than 1 year and no later than 5 years |  |  | 214 |  |  | 623 |
| More than 5 years |  |  | 8 |  |  | 33 |
​ | ​ | ​ | ​ | ​ | ​ | ​
| Total |  |  | 420 |  |  | 1,056 |
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
For the years ended March 31, 2013, 2014 and 2015, the Company incurred rental expenses under operating leases of RMB251 million, RMB217 million and RMB322 million, respectively. (c) Commitments for co-location, bandwidth fees and marketing expenses
|  |  | As of March 31, |
|  |  | 2014 |  | 2015 |
|  |  | (in millions of RMB) |
| No later than 1 year |  |  | 884 |  |  | 2,089 |
| Later than 1 year and no later than 5 years |  |  | 2,523 |  |  | 3,045 |
​ | ​ | ​ | ​ | ​ | ​ | ​
| Total |  |  | 3,407 |  |  | 5,134 |
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
(d) Investment commitments The Company was obligated to pay up to RMB12,333 million and RMB5,364 million for the acquisition of investment securities and equity investees under various arrangements as of March 31, 2014 and 2015, respectively. (e) Other commitments During the year ended March 31, 2015, the Company announced its intention to establish two not-for-profit foundations of HK$1 billion (RMB792 million) and New Taiwan Dollar 10 billion (RMB1,983 million) to support the career and entrepreneurial aspirations of young people in Hong Kong and Taiwan, respectively. The core mission of these foundations is to help young entrepreneurs start and grow businesses as well as to enable them to offer products and services on the marketplaces and platforms in the Alibaba ecosystem. Through these funds, young entrepreneurs can gain access to financial capital and various technical assistance as well as experience sharing to run their early start-up enterprises. As of March 31, 2015, the Company was in the process of setting up the legal structures of these two foundations and the Company intends to fulfill its commitments over an extended period of time.

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- Definition The entire disclosure for significant arrangements with third parties, which includes operating lease arrangements and arrangements in which the entity has agreed to expend funds to procure goods or services, or has agreed to commit resources to supply goods or services, and operating lease arrangements. Descriptions may include identification of the specific goods and services, period of time covered, minimum quantities and amounts, and cancellation rights. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.17) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.(a)(19)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.25) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 19 -Article 7 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 25 -Article 5 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 17 -Article 9 + Details
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