Annual Report 2021

NOTESTOTHE CONSOLIDATED FINANCIAL STATEMENTS For the year ended 31 December 2021 109 The United Laboratories International Holdings Limited Annual Report 2021 21. FINANCIAL ASSET AT FAIR VALUE THROUGH PROFIT OR LOSS 2021 2020 RMB’000 RMB’000 Equity securities of unlisted investments, classified as non-current assets 500 500 The above unlisted equity investments represent the Group’s equity interest in a private entity established in the PRC, which are measured at FVTPL at the end of both reporting period. 22. INVENTORIES 2021 2020 RMB’000 RMB’000 Raw materials 641,560 458,550 Work in progress 169,793 193,628 Finished goods 1,192,676 776,324 2,004,029 1,428,502