Annual Report 2025

NOTESTOTHE CONSOLIDATED FINANCIAL STATEMENTS For the year ended 31 December 2025 105 The United Laboratories International Holdings Limited Annual Report 2025 18. RIGHT-OF-USE ASSETS Leasehold Leased Motor lands properties vehicles Total RMB’000 RMB’000 RMB’000 RMB’000 At 1 January 2024 384,740 5,961 – 390,701 Additions 60,386 4,050 12,244 76,680 Depreciation (11,053) (2,671) (2,454) (16,178) Disposal – (403) – (403) At 31 December 2024 434,073 6,937 9,790 450,800 Additions 7,911 1,719 – 9,630 Depreciation (11,834) (3,093) (2,447) (17,374) Disposal – (1,223) – (1,223) At 31 December 2025 430,150 4,340 7,343 441,833 2025 2024 RMB’000 RMB’000 Total cash outflow for leases 13,688 66,411 For the years ended 31 December 2025 and 2024, the Group entered into several lease contracts in respect of leased staff quarters, office buildings and vehicles for its operations. Lease contracts are entered into for fixed term of 3 years to 10 years. In addition, the Group owns several office buildings and industrial buildings where its manufacturing facilities are primarily located. The Group is the registered owner of these property interests, including the underlying leasehold lands. Lump sum payments were made upfront to acquire these property interests. The leasehold land components of these owned properties are presented separately only if the payments made can be allocated reliably.