Annual Report 2020

NOTESTOTHE CONSOLIDATED FINANCIAL STATEMENTS For the year ended 31 December 2020 100 The United Laboratories International Holdings Limited Annual Report 2020 Furniture, Leasehold fixtures land and Plant and and Motor Construction buildings machinery equipment vehicles in progress Total RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 CARRYING AMOUNTS At 31 December 2020 3,149,196 2,846,286 13,431 958 137,158 6,147,029 At 31 December 2019 3,134,654 2,945,667 14,942 550 101,666 6,197,479 Note: The amount includes write-off of property, plant and equipment with a cost of approximately RMB1,128,533,000 prior to disposal of the subsidiary as set out in Note 10. The relevant depreciation of RMB619,842,000 and impairment of RMB508,691,000 have been eliminated upon the write-off. The above items of property, plant and equipment less their residual values over their estimated useful lives, except for construction in progress, are depreciated on a straight-line basis at the following rates per annum: Leasehold land and buildings Over the lease term Plant and machinery 5% – 20% Furniture, fixtures and equipment 20% – 25% Motor vehicles 20% – 25% The carrying amount of land and buildings shown above comprises properties situated on: 2020 2019 RMB’000 RMB’000 Leasehold land and buildings in Hong Kong 67,800 70,458 Buildings in the PRC 3,081,396 3,064,196 3,149,196 3,134,654 Note: At 31 December 2020, the Group was in the process of obtaining the real estate ownership certificate for buildings in the PRC with an aggregate carrying amount of RMB667,439,000 (2019: RMB645,752,000). 17. PROPERTY, PLANT AND EQUIPMENT (Continued)