XML 118 R52.htm IDEA: XBRL DOCUMENT
v3.2.0.727

Bank borrowings (Tables) - Bank borrowings | 12 Months Ended
--- | ---
Mar. 31, 2015
Bank borrowings |
Analysis of bank borrowings |
|  |  | As of March 31 |
|  |  | 2014 |  | 2015 |
|  |  | (in millions of RMB) |
| US$8.0 billion syndicated loan denominated in US$ (i) |  |  | 30,761 |  |  | — |
| Long-term other borrowings (ii) |  |  | 723 |  |  | 1,609 |
| Short-term other borrowings (iii) |  |  | 1,100 |  |  | 1,990 |
| Less: unamortized upfront fees |  |  | (773 | ) |  | — |
​ | ​ | ​ | ​ | ​ | ​ | ​
|  |  |  | 31,811 |  |  | 3,599 |
| Less: current portion |  |  | (1,100 | ) |  | (1,990 | )
​ | ​ | ​ | ​ | ​ | ​ | ​
| Borrowings, non-current portion |  |  | 30,711 |  |  | 1,609 |
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
(i) | During the year ended March 31, 2014, the Company completed the drawdown of US$4.0 billion denominated in U.S. dollars under an US$8.0 billion facility agreement entered into with certain banks which is repayable over a three-year period. Such amount is initially borrowed at a floating interest rate of LIBOR plus 2.25% per annum which was amended to be LIBOR plus 1.75% per annum starting from February 2014. During the same period, the Company completed another drawdown of US$1.0 billion denominated in U.S. dollars under the same facility agreement. The amounts are repayable over a five year period. Such amount is initially borrowed at floating interest rates of LIBOR plus 2.75% per annum which was amended to be LIBOR plus 2.25% per annum starting from February 2014. Such loans were collateralized by certain equity interests in the Company's major subsidiaries and the Company maintained a debt service reserve account collateralized in favor of the lenders in connection with these facilities (Note 11). In April 2014, the unused facility amount of US$3.0 billion was drawn down. In November 2014, the Company repaid the entire US$8.0 billion syndicated loan with the proceeds from the issuance of unsecured senior notes (Note 21). The related unamortized upfront fees of RMB830 million of such syndicated loan were charged to interest expenses on the consolidated income statements upon the repayment of the syndicated loan.
(ii) | The weighted average interest rate for all long-term other borrowings for the years ended March 31, 2013, 2014 and 2015 was approximately 6.3%, 6.7% and 5.9%, respectively. Other loans are collateralized by a pledge of certain land use rights and construction in progress of RMB1,090 million and RMB2,216 million in the PRC as of March 31, 2014 and 2015, respectively.
(iii) | As of March 31, 2014 and 2015, the Company had short-term borrowings from banks which were repayable within one year or on demand and charged at interest rates ranging from 5.0% to 6.0% and 2.0% to 11.6% per annum, respectively. Such borrowings primarily consist of loans denominated in Renminbi and U.S. dollars.
Schedule of borrowings under the credit facilities are due | As of March 31, 2015, the borrowings will be due according to the following schedule:
|  |  | Principal amounts |
|  |  | (in millions of RMB) |
| Within 1 year |  |  | 1,990 |
| Between 1 to 2 years |  |  | 286 |
| Between 2 to 3 years |  |  | 637 |
| Between 3 to 4 years |  |  | 471 |
| Between 4 to 5 years |  |  | 215 |
​ | ​ | ​ | ​ | ​
|  |  |  | 3,599 |
​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_DebtInstrumentAxis=baba_BankBorrowingsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |