Annual Report 2025

CONSOLIDATED STATEMENT OF FINANCIAL POSITION At 31 December 2025 49 The United Laboratories International Holdings Limited Annual Report 2025 2025 2024 NOTES RMB'000 RMB'000 Non-current assets Property, plant and equipment 17 11,557,901 8,724,524 Right-of-use assets 18 441,833 450,800 Goodwill 19 3,031 3,031 Intangible assets 20 274,195 209,200 Interests in an associate 21 7,061 7,112 Deposits for acquisition of property, plant and equipment 75,818 283,298 Deposit for acquisition of intangible assets 3,729 10,710 Deferred tax assets 29 67,399 73,681 12,430,967 9,762,356 Current assets Inventories 22 2,369,133 2,434,166 Trade and bills receivables, other receivables, deposits and prepayments 23 4,741,718 6,272,323 Pledged bank deposits 24 628,503 1,034,366 Tax recoverables 123,765 – Cash and cash equivalents 24 10,606,390 6,329,841 18,469,509 16,070,696 Current liabilities Trade and other payables 25 7,890,941 7,636,911 Contract liabilities 26 76,785 96,119 Lease liabilities 27 4,969 4,781 Tax payables – 204,354 Borrowings – due within one year 28 2,106,458 830,384 10,079,153 8,772,549 Net current assets 8,390,356 7,298,147 Total assets less current liabilities 20,821,323 17,060,503