| | | | | | | | | |
| | Year ended March 31, | |
| | 2020 | | 2021 | | 2022 | |
| | RMB | | RMB | | RMB | | US$ | |
| | | | | | | | (Note 2(a)) | |
| | (in millions) | |
Cash flows from financing activities: | | | | | | | | | |
Issuance of ordinary shares | | 91,506 | | 175 | | 109 | | 17 | |
Repurchase of ordinary shares | | — | | (773) | | (61,225) | | (9,658) | |
Acquisition of additional equity interests in non-wholly owned subsidiaries | | (15,402) | | (11,218) | | (7,406) | | (1,168) | |
Dividends paid by non-wholly owned subsidiaries to noncontrolling interests | | (278) | | (471) | | (881) | | (139) | |
Capital injection from noncontrolling interests | | 11,049 | | 11,020 | | 12,240 | | 1,931 | |
Proceeds from bank borrowings, net of upfront fee payment for a syndicated loan | | 15,719 | | 6,402 | | 9,427 | | 1,487 | |
Repayment of bank borrowings | | (15,943) | | (7,061) | | (7,128) | | (1,125) | |
Proceeds from unsecured senior notes, net of debt issuance cost | | — | | 32,008 | | — | | — | |
Repayment of unsecured senior notes | | (15,798) | | — | | (9,585) | | (1,512) | |
Net cash provided by (used in) financing activities | | 70,853 | | 30,082 | | (64,449) | | (10,167) | |
Effect of exchange rate changes on cash and cash equivalents, restricted cash and escrow receivables | | 4,100 | | (7,187) | | (8,834) | | (1,394) | |
Increase (Decrease) in cash and cash equivalents, restricted cash and escrow receivables | | 147,488 | | 10,487 | | (129,116) | | (20,368) | |
Cash and cash equivalents, restricted cash and escrow receivables at beginning of year | | 198,494 | | 345,982 | | 356,469 | | 56,232 | |
Cash and cash equivalents, restricted cash and escrow receivables at end of year | | 345,982 | | 356,469 | | 227,353 | | 35,864 | |