ALIBABA GROUP HOLDING LTD filed this 20-F on 07/27/2018
ALIBABA GROUP HOLDING LTD - 20-F - 20180727 - INCOME_STATEMENT

ALIBABA GROUP HOLDING LIMITED
CONSOLIDATED INCOME STATEMENTS

 
   
  Year ended March 31,  
 
   
  2016   2017   2018  
 
   
  RMB   RMB   RMB   US$  
 
   
   
   
   
  (Note 2(a))
 
 
   
  (in millions, except per share data)
 
 
  Notes
   
   
   
   
 

Revenue

  5, 21     101,143     158,273     250,266     39,898  

Cost of revenue

  21     (34,355 )   (59,483 )   (107,044 )   (17,065 )

Product development expenses

  21     (13,788 )   (17,060 )   (22,754 )   (3,628 )

Sales and marketing expenses

  21     (11,307 )   (16,314 )   (27,299 )   (4,352 )

General and administrative expenses

  21     (9,205 )   (12,239 )   (16,241 )   (2,589 )

Amortization of intangible assets

  15     (2,931 )   (5,122 )   (7,120 )   (1,135 )

Impairment of goodwill

  16     (455 )       (494 )   (79 )

Income from operations

        29,102     48,055     69,314     11,050  

Interest and investment income, net

        52,254     8,559     30,495     4,862  

Interest expense

        (1,946 )   (2,671 )   (3,566 )   (568 )

Other income, net

  6, 21     2,058     6,086     4,160     663  

Income before income tax and share of results of equity investees

        81,468     60,029     100,403     16,007  

Income tax expenses

  7     (8,449 )   (13,776 )   (18,199 )   (2,901 )

Share of results of equity investees

  13     (1,730 )   (5,027 )   (20,792 )   (3,315 )

Net income

        71,289     41,226     61,412     9,791  

Net loss attributable to noncontrolling interests

        171     2,449     2,681     427  

Net income attributable to Alibaba Group Holding Limited

        71,460     43,675     64,093     10,218  

Accretion of mezzanine equity

                (108 )   (17 )

Net income attributable to ordinary shareholders

        71,460     43,675     63,985     10,201  

Earnings per share/ADS attributable to ordinary shareholders

  9                          

Basic

        29.07     17.52     25.06     4.00  

Diluted

        27.89     16.97     24.51     3.91  

Weighted average number of shares/ADSs used in computing earnings per share/ADS (million shares)

  9                          

Basic

        2,458     2,493     2,553        

Diluted

        2,562     2,573     2,610