INTANGIBLE ASSETS, NET
|12 Months Ended|
Mar. 31, 2016
|INTANGIBLE ASSETS, NET|
|INTANGIBLE ASSETS, NET||
(7)INTANGIBLE ASSETS, NET
The following table summarizes the Company’s intangible assets, as of March 31, 2015 and 2016.
(i) Contracts in progress of RMB 569,087 and RMB 346,140 recognized at the acquisition date was deducted from the billing upon completion of certain contracts as of March 31, 2014 and 2015. The Company recognized an impairment charge of RMB 310,153 upon the cancellation of certain contracts during the year ended March 31, 2015.
Amortization expenses for intangible assets recognized as cost of revenues were RMB 2,359,475, RMB 192,873 and RMB 192,874 for the years ended March 31, 2014, 2015 and 2016, respectively.
As of March 31, 2016, the estimated amortization expense for the next five years is as follows:
The entire disclosure for all or part of the information related to intangible assets.
Reference 1: http://www.xbrl.org/2003/role/presentationRef