Annual Report 2021

NOTESTOTHE CONSOLIDATED FINANCIAL STATEMENTS For the year ended 31 December 2021 138 The United Laboratories International Holdings Limited Annual Report 2021 38. FINANCIAL INSTRUMENTS (Continued) Financial risk management objectives and policies (Continued) Credit risk and impairment assessment (Continued) External Internal Gross credit credit 12m or carrying 2020 Notes rating rating lifetime ECL amount RMB’000 Pledged bank deposits 24 A1 to Ba1 N/A 12m ECL 440,194 Other pledged deposits 28 A2 to A3 N/A 12m ECL 24,000 Bank balances 24 Aa1 to Ba1 N/A 12m ECL 2,996,527 Other receivables and deposits 23 N/A Note 1 12m ECL 101,726 Consideration receivables 23 N/A Note 3 Lifetime ECL (not credit-impaired) 308,388 Commercial bills receivables 23 N/A Note 3 Lifetime ECL (not credit-impaired) 244,110 Bills receivables 23 A1 to B1 N/A 12m ECL 1,343,365 Trade receivables 23 N/A Note 2 Lifetime ECL (provision matrix) 1,420,450