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Fair value measurement (Tables) | 12 Months Ended
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Mar. 31, 2022
Fair value measurement |
Table of assets and liabilities that are measured at fair value on a recurring basis and categorized using the fair value hierarchy | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of March 31, 2021
​ |  | Level 1 |  | Level 2 |  | Level 3 |  | Total
​ | ​ | (in millions of RMB)
Assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Time deposits (i) |  | — | ​ | 104,896 | ​ | — | ​ | 104,896
Wealth management products (i) |  | — | ​ | 47,480 | ​ | — | ​ | 47,480
Restricted cash and escrow receivables | ​ | 35,207 | ​ | — | ​ | — | ​ | 35,207
Listed equity securities (ii) |  | 124,841 | ​ | — | ​ | — | ​ | 124,841
Convertible and exchangeable bonds (ii) |  | — | ​ | 1,698 | ​ | 9,645 | ​ | 11,343
Option agreements (iii) | ​ | — | ​ | 2,493 | ​ | 111 | ​ | 2,604
Others (v) |  | 686 | ​ | 128 | ​ | 3,895 | ​ | 4,709
​ | ​ | 160,734 | ​ | 156,695 | ​ | 13,651 | ​ | 331,080
Liabilities | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Contingent consideration in relation to investments and acquisitions (iv) |  | — | ​ | — | ​ | 2,232 | ​ | 2,232
Interest rate swap contracts and others (iv) |  | — | ​ | 47 | ​ | 174 | ​ | 221
​ | ​ | — | ​ | 47 | ​ | 2,406 | ​ | 2,453
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of March 31, 2022
​ |  | Level 1 |  | Level 2 |  | Level 3 |  | Total
​ | ​ | (in millions of RMB)
Assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Time deposits (i) |  | — | ​ | 233,724 | ​ | — | ​ | 233,724
Wealth management products (i) |  | — | ​ | 21,261 | ​ | — | ​ | 21,261
Marketable debt securities (i) | ​ | — | ​ | 1,529 | ​ | — | ​ | 1,529
Restricted cash and escrow receivables |  | 37,455 | ​ | — | ​ | — | ​ | 37,455
Listed equity securities (ii) | ​ | 103,260 | ​ | — | ​ | — | ​ | 103,260
Convertible and exchangeable bonds (ii) | ​ | — | ​ | 1,067 | ​ | 7,272 | ​ | 8,339
Option agreements (iii) | ​ | — | ​ | 1 | ​ | 825 | ​ | 826
Others (v) |  | 2,196 | ​ | 2,402 | ​ | 8,292 | ​ | 12,890
​ | ​ | 142,911 | ​ | 259,984 | ​ | 16,389 | ​ | 419,284
Liabilities | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Contingent consideration in relation to investments and acquisitions (iv) | ​ | — | ​ | — | ​ | 829 | ​ | 829
Interest rate swap contracts and others (iv) |  | — | ​ | 354 | ​ | 170 | ​ | 524
​ | ​ | — | ​ | 354 | ​ | 999 | ​ | 1,353
​
| (i) | Included in short-term investments on the consolidated balance sheets.
| (ii) | Included in equity securities and other investments on the consolidated balance sheets.
| (iii) | Included in prepayments, receivables and other assets on the consolidated balance sheets.
| (iv) | Included in accrued expenses, accounts payable and other liabilities on the consolidated balance sheets.
| (v) | Others primarily represent other investments with underlying assets measured at fair value.
Schedule of rolling forward of convertible bonds categorized within Level 3 under the fair value hierarchy | ​
​ | ​ | ​
​ | ​ | Amounts
​ |  | (in millions of RMB)
Balance as of March 31, 2020 |  | 3,995
Additions |  | 4,477
Net increase in fair value |  | 1,306
Foreign currency translation adjustments | ​ | (133)
Balance as of March 31, 2021 | ​ | 9,645
Additions | ​ | 1,915
Net decrease in fair value | ​ | (2,734)
Disposal | ​ | (1,225)
Conversion | ​ | (162)
Foreign currency translation adjustments | ​ | (167)
Balance as of March 31, 2022 |  | 7,272
Schedule of rolling forward of contingent consideration in relation to investments and acquisitions categorized within Level 3 under the fair value hierarchy | ​
​ | ​ | ​
​ |  | Amounts
​ |  | (in millions of RMB)
Balance as of March 31, 2020 |  | 4,400
Net decrease in fair value |  | (48)
Payment | ​ | (1,972)
Foreign currency translation adjustments | ​ | (148)
Balance as of March 31, 2021 | ​ | 2,232
Additions | ​ | 376
Net decrease in fair value | ​ | (19)
Payment | ​ | (1,746)
Foreign currency translation adjustments | ​ | (14)
Balance as of March 31, 2022 |  | 829

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- Definition Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19279-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19279-110258 + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 + Details
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