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Intangible assets, net
6 Months Ended
Sep. 30, 2020
Intangible assets, net

14.

Intangible assets, net

As of 

As of

    

March 31, 2020

    

September 30, 2020

(in millions of RMB)

User base and customer relationships

50,016

49,943

Trade names, trademarks and domain names

26,151

 

27,771

Non-compete agreements

13,898

13,779

Developed technology and patents

10,051

10,028

Licensed copyrights (i)

 

9,639

8,278

Others

384

210

110,139

110,009

Less: accumulated amortization and impairment

 

(49,192)

 

(53,631)

Net book value

 

60,947

 

56,378

(i)

Licensed copyrights are presented on the condensed consolidated balance sheets as current assets under prepayments, receivables, and other assets (Note 12), or non-current assets under intangible assets, net, based on estimated time of usage. For the six months ended September 30, 2019 and 2020, amortization expenses in connection with the licensed copyrights of RMB4,741 million and RMB3,886 million were recorded in cost of revenue within the Company’s digital media and entertainment segment.