Annual Report 2020

NOTESTOTHE CONSOLIDATED FINANCIAL STATEMENTS For the year ended 31 December 2020 138 The United Laboratories International Holdings Limited Annual Report 2020 39. FINANCIAL INSTRUMENTS (Continued) Financial risk management objectives and policies (Continued) Credit risk and impairment assessment (Continued) External Internal Gross credit credit 12m or carrying 2019 Notes rating rating lifetime ECL amount RMB’000 Pledged bank deposits 25 AA+ to Baa1 N/A 12m ECL 724,981 Other pledged deposits 29 A2 to A3 N/A 12m ECL 31,423 Bank balances 25 AAA to Ba1 N/A 12m ECL 3,164,221 Refundable deposits 24 N/A Note 1 12m ECL 3,215 Other receivables 24 N/A Note 1 12m ECL 26,524 Consideration receivables 24 N/A Note 1 12m ECL 773,693 Bills receivables 24 Aa3 to Ba1 N/A 12m ECL 1,354,984 Trade receivables 24 N/A Note 2 Lifetime ECL (provision matrix) 1,241,536