Annual Report 2025

NOTESTOTHE CONSOLIDATED FINANCIAL STATEMENTS For the year ended 31 December 2025 119 The United Laboratories International Holdings Limited Annual Report 2025 28. BORROWINGS 2025 2024 RMB’000 RMB’000 Bank loans 4,953,757 3,121,399 Discounted bills with recourse (Note 23) 25,532 16,884 4,979,289 3,138,283 Analysed as: Secured 4,479,289 1,257,283 Unsecured 500,000 1,881,000 4,979,289 3,138,283 The carrying amount of the bank loans are repayable: – Within one year 1,580,926 813,500 – Within a period of more than one year, but not exceeding two years 954,816 1,166,350 – Within a period of more than two years but not more than five years 1,551,655 904,575 – Within a period of more than five years 366,360 236,974 4,453,757 3,121,399 The carrying amount of bank loan that contains a repayment on demand clause (shown under current liabilities) but repayable over one year* 500,000 – 4,953,757 3,121,399 The carrying amount of the non-bank loans are repayable: – Within one year 25,532 16,884 4,979,289 3,138,283 Less: Amount due within one year shown under current liabilities (2,106,458) (830,384) Amount shown under non-current liabilities 2,872,831 2,307,899 * The amounts due are based on scheduled repayment date set out in the loan agreements.