Annual Report 2019

CONSOLIDATED STATEMENT OF FINANCIAL POSITION At 31 December 2019 42 The United Laboratories International Holdings Limited Annual Report 2019 31 December 2019 2018 NOTES RMB’000 RMB’000 Non-current assets Property, plant and equipment 17 6,197,479 6,494,202 Right-of-use assets 18 232,637 – Properties held for development 19a – 255,723 Investment properties 19b – 698,424 Prepaid lease payments 20 – 223,186 Goodwill 21 3,031 3,031 Intangible assets 22 137,177 141,337 Deposit for acquisition of land use rights 7,262 7,262 Deposits for acquisition of property, plant and equipment 56,427 46,080 Other pledged deposits 30 & 31 24,000 20,028 Consideration receivables 25 276,363 – Financial asset at fair value through profit or loss 23 500 500 Deferred tax assets 33 51,289 15,516 6,986,165 7,905,289 Current assets Inventories 24 1,575,235 1,464,661 Trade and bills receivables, other receivables, deposits and prepayments 25 3,241,069 3,065,886 Prepaid lease payments 20 – 5,406 Other pledged deposits 30 & 31 7,423 26,709 Pledged bank deposits 26 724,981 555,806 Bank balances and cash 26 3,164,819 1,578,540 8,713,527 6,697,008 Current liabilities Trade and bills payables, other payables and accrued charges 27 3,656,456 3,700,672 Contract liabilities 28 59,733 68,439 Obligations under finance leases – due within one year 30 – 108,572 Lease liabilities 29 1,646 – Tax payables 167,641 84,338 Borrowings – due within one year 31 2,573,398 1,625,638 Bank overdraft 26 – 96,644 Convertible bonds 32 – 830,894 6,458,874 6,515,197 Net current assets 2,254,653 181,811 Total assets less current liabilities 9,240,818 8,087,100