Annual Report 2021

NOTESTOTHE CONSOLIDATED FINANCIAL STATEMENTS For the year ended 31 December 2021 110 The United Laboratories International Holdings Limited Annual Report 2021 23. TRADE AND BILLS RECEIVABLES, OTHER RECEIVABLES, DEPOSITS AND PREPAYMENTS 2021 2020 RMB’000 RMB’000 Trade receivables 1,624,198 1,420,450 Less: allowance for credit losses (22,309) (19,697) Bills receivables 1,821,768 1,343,365 Consideration receivables (Note 10) 339,574 308,388 Less: allowance for credit losses (339,574) (44,709) Commercial bills receivables (Note 42) – 244,110 Less: allowance for credit losses – (35,390) Value added tax receivables 103,214 93,924 Other receivables, deposits and prepayments 283,001 160,437 Less: allowance for credit losses (9,967) (5,700) 3,799,905 3,465,178 Less: Amount due within one year (3,799,905) (3,359,499) Amount due after one year – 105,679 At 1 January 2020, carrying amount of trade receivables from contracts with customers amounted to RMB1,241,536,000.