Alibaba Annual Report 2011

CONTENTS

02

04

06

08

10

13

32

36

38

42

60

Financial and Operational Highlights

Key Events

Awards and Recognition

Corporate Information

Chairman’s Statement

Management Discussion and Analysis

Biographical Details of Directors

and Senior Management

Employee Relations

Corporate Social Responsibility

Corporate Governance Report

Directors’ Report

82

83

84

86

87

89

91

144

Independent Auditor’s Report

Consolidated Statement of

Comprehensive Income

Consolidated Balance Sheet

Balance Sheet

Consolidated Statement of

Changes in Equity

Consolidated Cash Flow Statement

Notes to Financial Statements

Financial Summary

FINANCIAL AND OPERATIONAL HIGHLIGHTS

Strong Revenue

Growth to

RMB5.56 Billion

More than

8.5 Million

Storefronts

Basic Earnings

Per Share

Reached

HK$33 Cents

Profit Attributable

to Equity Owners

Reached

RMB1.47 Billion

Exceeded

1 Million

Paying

Members

Revenue

(RMB million)

Profit attributable to

equity owners

(RMB million)

6,000

2,000

2,000

1,750

1,750

1,500

1,500

1,250

1,250

1,000

1,000

750

750

500

500

250

More than

61 Million

Registered Users

250

5,000

50

40

4,000

3,000

2,000

06

07

08

09

10

0

06

07

08

09

0

10

Deferred revenue and

customer advances

(RMB million)

6,000

5,000

4,000

30

3,000

20

2,000

10

1,000

0

EBITA before share-based

compensation expenses1

(RMB million)

(%)

06

07

08

09

10

0

International marketplace

0

06

07

08

09

10

EBITA before SBC

China marketplace

1,000

EBITA margin before SBC

Other revenue

Note:

1

EBITA before share-based compensation expense represents profit before interest, taxes and amortization and share-based compensation expense for all years

and exclude expenses relating to non-B2B business in 2006. This financial metric is not a measure of financial...