Annual Report 2019

NOTESTOTHE CONSOLIDATED FINANCIAL STATEMENTS For the year ended 31 December 2019 54 The United Laboratories International Holdings Limited Annual Report 2019 2. APPLICATION OF NEW AND AMENDMENTS TO HONG KONG FINANCIAL REPORTING STANDARDS (“HKFRSs”) (Continued) New and amendments to HKFRSs that are mandatorily effective for the current year (Continued) 2.1 HKFRS 16 Leases (Continued) The following adjustments were made to the amounts recognised in the consolidated statement of financial position at 1 January 2019. Line items that were not affected by the changes have not been included. Carrying Carrying amounts amounts previously under reported at HKFRS 16 at 31 December 1 January 2018 Adjustments 2019 Notes RMB’000 RMB’000 RMB’000 Non-current assets Property, plant and equipment (b) 6,494,202 (275,701) 6,218,501 Right-of-use assets (a) & (b) – 507,603 507,603 Prepaid lease payments (a) 223,186 (223,186) – Current assets Prepaid lease payments (a) 5,406 (5,406) – Current liabilities Lease liabilities (b) – (110,119) (110,119) Obligation under finance lease (b) (108,572) 108,572 – Non-current liabilities Lease liabilities (b) – (9,186) (9,186) Obligation under finance lease (b) (7,423) 7,423 –