Annual Report 2024

NOTESTOTHE CONSOLIDATED FINANCIAL STATEMENTS For the year ended 31 December 2024 103 The United Laboratories International Holdings Limited Annual Report 2024 20. INTANGIBLE ASSETS Development cost Know-how Total RMB’000 RMB’000 RMB’000 (Note i) (Note ii) COST At 1 January 2023 185,981 47,100 233,081 Additions 51,068 – 51,068 At 31 December 2023 237,049 47,100 284,149 Additions 94,727 – 94,727 At 31 December 2024 331,776 47,100 378,876 AMORTISATION At 1 January 2023 89,052 25,731 114,783 Charge for the year 15,743 1,704 17,447 At 31 December 2023 104,795 27,435 132,230 Charge for the year 17,781 1,705 19,486 At 31 December 2024 122,576 29,140 151,716 IMPAIRMENT At 1 January 2023, 31 December 2023 and 2024 – 17,960 17,960 CARRYING AMOUNTS At 31 December 2024 209,200 – 209,200 At 31 December 2023 132,254 1,705 133,959