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Other income, net (Tables) | 12 Months Ended
--- | ---
Mar. 31, 2017
Other income, net |
Other income, net |
|  | Year ended March 31, |
|  | 2015 |  | 2016 |  | 2017 |
|  | (in millions of RMB) |
Royalty fee and software technology services fee charged to Ant Financial Services and Alipay (Note 22) |  |  | 1,667 |  |  | 1,122 |  |  | 2,086 |
Government grants (i) |  |  | 327 |  |  | 401 |  |  | 451 |
Amortization of the excess value in relation to the restructuring of Payment Services (Note 4(b)) |  |  | (166 | ) |  | (264 | ) |  | (264 | )
Exchange differences |  |  | 1 |  |  | (563 | ) |  | 2,328 |
Others |  |  | 657 |  |  | 1,362 |  |  | 1,485 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total |  |  | 2,486 |  |  | 2,058 |  |  | 6,086 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(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.

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- Definition Tabular disclosure of the components of non-operating income or non-operating expense that may include amounts earned from dividends, interest on securities, gains (losses) on securities sold, equity earnings of unconsolidated affiliates, net gain (loss) on sales of business, interest expense and other miscellaneous income or expense items. + References No definition available. + Details
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