NAUDITED INTERIM CONSOLIDATED INCOME STATEMENTS

Three months ended

December 31,
2013
2014
RMB
RMB
US$
(in millions, except per
share data)

Nine months ended

December 31,
2013
2014
RMB RMB
US$
(in millions, except per
share data)

Revenue

18,745

40,473

Cost of revenue
Product development expenses
Sales and marketing expenses
General and administrative
expenses
Amortization of intangible assets
Impairment of goodwill and
intangible assets

(4,171) (7,520) (1,212) (9,899) (17,701) (2,853)

(1,707) (3,083) (497)
(3,893) (7,616) (1,227)
(1,897) (3,021) (487)
(3,267) (5,982) (964)

Income from operations

Interest and investment income,
net
Interest expense
Other income, net

58,779

9,473

(3,704) (5,323)

(858)

(123)

(614)

(99)

(197)

(1,446)

(233)

(175)

(28)

(44)

(175)

(28)

8,801

9,347

1,506

19,469

20,536

3,310

296

313

51

1,080

7,609

1,226

(387)
548

(1,344) (216)
901
145

(1,842) (2,275)
1,178
1,990

(367)
321

9,217

19,885

27,860

4,490

(2,429) (392)

(1,969) (5,213)

(840)

(805)

(130)

(174)

(1,196)

(193)

8,357

5,983

964

17,742

21,451

3,457

(31)

(47)

(7)

(29)

(83)

(13)

5,936

957

17,713

21,368

3,444

(24)

(15)

(2)

(156)

(97)

(16)

5,936

957

17,533

21,256

3,426

Net income attributable to Alibaba

8,326
Group Holding Limited
Accretion of Convertible
(8)
Preference Shares
Dividends accrued on Convertible
(52)
Preference Shares
Net income attributable to
ordinary shareholders

4,219

(2,046) (2,419) (390)

Income before income tax and

9,258
share of results of equity investees
Income tax expenses
(741)
Share of results of equity
(160)
investees
Net income
Net income attributable to
noncontrolling interests

26,179

8,266

1,486

Earnings per share attributable

to ordinary shareholders
Basic
3.79
Diluted
3.55

2.42
2.29

Weighted average number of

share used in calculating net
income per ordinary share
Basic
Diluted

2,180
2,343

2,450
2,588

Share-based compensation
expense by function:
Cost of revenue
Product development expenses
Sales and marketing expenses
General and administrative
expenses

226
248
55

1,413
1,266
402

130

Total

659

0.39
0.37

8.08
7.63

9.26
8.66

1.49
1.40

2,170
2,320

2,295
2,467

228
204
65

624
588
146

3,161
2,211
637

509
356
103

1,232

198

561

2,387

385

4,313

695

1,919

8,396

1,353

The following table sets forth the principal components of our revenue for the periods
indicated:
Three months ended December
31,

Nine months ended December

31,

2013
RMB

2013

2014

RMB

RMB

2014
RMB

US$

(in millions)

US$

(in millions)

China commerce
Retail (i)
Wholesale (ii)

16,149
612

21,275
860

3,429
139

33,461
1,706

46,683
2,359

7,524
380

Total China commerce

16,761

22,135

3,568

35,167

49,042

7,904

International commerce
Retail (iii)
Wholesale (iv)

264
1,000

554
1,209

89
195

653
2,904

1,331
3,518

215
567

Total international commerce

1,264

1,763

284

3,557

4,849

782

196

362

58

560

883

142

524

1,919

309

1,189

4,005

645

18,745

26,179

4,219

40,473

58,779

9,473

Cloud computing and Internet

infrastructure (v)
Others (vi)
Total