Alibaba Group - Fiscal Year 2021 Annual Report

Alibaba Group Holding Limited 334 Notes to Consolidated Financial Statements For the Years Ended March 31, 2019, 2020 and 2021 10. Restricted cash and escrow receivables As of March 31, 2020 2021 (in millions of RMB) Consumer protection fund deposits from merchants on the marketplaces (i) 12,195 33,426 Others 3,284 1,781 15,479 35,207 (i) The amount represents consumer protection fund deposits received from merchants on the Company’s marketplaces, which are restricted for the purpose of compensating consumers for claims against merchants. A corresponding liability is recorded in other deposits and advances received under accrued expenses, accounts payable and other liabilities (Note 19) on the consolidated balance sheets. 11. Equity securities and other investments As of March 31, 2020 Original cost Cumulative net losses Carrying value (in millions of RMB) Equity securities: Listed equity securities 68,488 (2,185) 66,303 Investments in privately held companies 92,832 (5,279) 87,553 Debt investments 14,685 (2,978) 11,707 176,005 (10,442) 165,563 As of March 31, 2021 Original cost Cumulative net gains (losses) Carrying value (in millions of RMB) Equity securities: Listed equity securities 83,099 41,742 124,841 Investments in privately held companies 107,395 (6,708) 100,687 Debt investments 22,412 (912) 21,500 212,906 34,122 247,028 Details of the significant additions during the years ended March 31, 2019, 2020 and 2021 are set out in Note 4.