| | Fair value | | |
| | RMB’000 | | |
Cash and cash equivalents | | | 3,822 | |
Property, plant and equipment | | | 206,532 | |
Land use rights | | | 32,439 | |
Inventories | | | 11,473 | |
Receivables | | | 400 | |
Payables | | | (11,728) | |
Borrowings | | | (60,000) | |
Deferred tax liability | | | (1,156) | |
Total identified assets | | | 181,782 | |
Goodwill | | | 3,735 | |
Purchase consideration, satisfied in cash | | | 185,517 | |