Alibaba Group - Fiscal Year 2022 Annual Report

Alibaba Group Holding Limited 301 Consolidated Balance Sheets As of March 31, 2021 2022 RMB RMB US$ (Note 2(a)) (in millions) Notes Assets Current assets: Cash and cash equivalents 2(p) 321,262 189,898 29,956 Short-term investments 2(q) 152,376 256,514 40,464 Restricted cash and escrow receivables 10 35,207 37,455 5,908 Equity securities and other investments 11 9,807 8,673 1,368 Prepayments, receivables and other assets 13 124,708 145,995 23,030 Total current assets 643,360 638,535 100,726 Equity securities and other investments 11 237,221 223,611 35,274 Prepayments, receivables and other assets 13 98,432 113,147 17,849 Investments in equity method investees 14 200,189 219,642 34,648 Property and equipment, net 15 147,412 171,806 27,102 Intangible assets, net 16 70,833 59,231 9,343 Goodwill 17 292,771 269,581 42,525 Total assets 1,690,218 1,695,553 267,467 Liabilities, mezzanine equity and shareholders’ equity Current liabilities: Current bank borrowings 20 3,606 8,841 1,395 Current unsecured senior notes 21 9,831 – – Income tax payable 25,275 21,753 3,431 Accrued expenses, accounts payable and other liabilities 19 261,140 271,460 42,822 Merchant deposits 2(ac) 15,017 14,747 2,326 Deferred revenue and customer advances 18 62,489 66,983 10,566 Total current liabilities 377,358 383,784 60,540 Deferred revenue 18 3,158 3,490 551 Deferred tax liabilities 7 59,598 61,706 9,734 Non-current bank borrowings 20 38,335 38,244 6,033 Non-current unsecured senior notes 21 97,381 94,259 14,869 Other liabilities 19 30,754 31,877 5,028 Total liabilities 606,584 613,360 96,755 The accompanying notes form an integral part of these consolidated financial statements.

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