Annual Report 2023

NOTESTOTHE CONSOLIDATED FINANCIAL STATEMENTS For the year ended 31 December 2023 104 The United Laboratories International Holdings Limited Annual Report 2023 20. INTANGIBLE ASSETS Development cost Know-how Total RMB’000 RMB’000 RMB’000 (Note i) (Note ii) COST At 1 January 2022 and 31 December 2022 185,981 47,100 233,081 Additions 51,068 – 51,068 At 31 December 2023 237,049 47,100 284,149 AMORTISATION At 1 January 2022 71,397 23,898 95,295 Charge for the year 17,655 1,833 19,488 At 31 December 2022 89,052 25,731 114,783 Charge for the year 15,743 1,704 17,447 At 31 December 2023 104,795 27,435 132,230 IMPAIRMENT At 1 January 2022 and 31 December 2022 and 2023 – 17,960 17,960 CARRYING AMOUNTS At 31 December 2023 132,254 1,705 133,959 At 31 December 2022 96,929 3,409 100,338