Annual Report 2022

CONSOLIDATED STATEMENT OF FINANCIAL POSITION At 31 December 2022 45 The United Laboratories International Holdings Limited Annual Report 2022 2022 2021 NOTES RMB’000 RMB’000 Non-current assets Property, plant and equipment 17 5,932,295 5,842,295 Right-of-use assets 18 255,586 227,174 Goodwill 19 3,031 3,031 Intangible assets 20 100,338 119,826 Interests in an associate 21 7,161 – Deposit for acquisition of land use rights 7,262 7,262 Deposits for acquisition of property, plant and equipment 78,476 61,917 Financial asset at fair value through profit or loss 22 500 500 Deferred tax assets 30 80,030 82,782 6,464,679 6,344,787 Current assets Inventories 23 2,163,626 2,004,029 Trade and bills receivables, other receivables, deposits and prepayments 24 4,911,704 3,799,905 Derivative financial instruments 35 1,841 – Other pledged deposits 29 – 24,000 Pledged bank deposits 25 694,704 827,389 Cash and cash equivalents 25 4,743,071 3,331,009 12,514,946 9,986,332 Current liabilities Trade and other payables 26 5,317,876 4,699,608 Contract liabilities 27 132,484 107,955 Derivative financial instrument 35 10,087 5,812 Lease liabilities 28 3,744 3,871 Tax payables 209,478 108,094 Borrowings – due within one year 29 1,359,358 1,609,906 7,033,027 6,535,246 Net current assets 5,481,919 3,451,086 Total assets less current liabilities 11,946,598 9,795,873