Annual Report 2024

CONSOLIDATED STATEMENT OF FINANCIAL POSITION At 31 December 2024 46 The United Laboratories International Holdings Limited Annual Report 2024 2024 2023 NOTES RMB’000 RMB’000 Non-current assets Property, plant and equipment 17 8,724,524 6,483,406 Right-of-use assets 18 450,800 390,701 Goodwill 19 3,031 3,031 Intangible assets 20 209,200 133,959 Interests in an associate 21 7,112 7,304 Deposits for acquisition of property, plant and equipment 283,298 130,278 Deposit for acquisition of intangible assets 10,710 – Financial asset at fair value through profit or loss 22 – 500 Deferred tax assets 30 73,681 80,800 9,762,356 7,229,979 Current assets Inventories 23 2,434,166 2,238,483 Trade and bills receivables, other receivables, deposits and prepayments 24 6,272,323 6,314,480 Pledged bank deposits 25 1,034,366 972,249 Cash and cash equivalents 25 6,329,841 4,261,989 16,070,696 13,787,201 Current liabilities Trade and other payables 26 7,636,911 6,052,651 Contract liabilities 27 96,119 115,584 Derivative financial instruments 36 – 25,587 Lease liabilities 28 4,781 2,509 Tax payables 204,354 232,548 Borrowings – due within one year 29 830,384 197,853 8,772,549 6,626,732 Net current assets 7,298,147 7,160,469 Total assets less current liabilities 17,060,503 14,390,448