Annual Report 2023

NOTESTOTHE CONSOLIDATED FINANCIAL STATEMENTS For the year ended 31 December 2023 95 The United Laboratories International Holdings Limited Annual Report 2023 12. PROFIT FOR THE YEAR 2023 2022 RMB’000 RMB’000 Profit for the year has been arrived at after charging (crediting): Auditor’s remuneration 5,210 4,704 Depreciation Depreciation of right-of-use assets 11,898 11,109 Depreciation of property, plant and equipment 536,303 521,834 Amortisation of intangible assets (included in cost of sales) 17,447 19,488 Staff costs, including directors’ emoluments Salaries and other benefits 1,491,162 1,260,225 Share-based compensation expenses 6,365 – Contributions to retirement benefit schemes 151,218 136,781 1,648,745 1,397,006 Write-down of inventories, net of reversal (included in cost of sales) 43,188 (1,561) Cost of inventories recognised as expenses 7,405,042 6,365,272