Page 331 - F1 Integrated Workbook STUDENT 2018

Consollidated SStatemennt of Finaancial Poosition

Exxampple 3

Staatements oof financiaal positionn at 31 Deccember 200X0

P S
$000 $000
Non-current assets
Prooperty, plannt and equipment 3,330 550
Inveestment inn S 1,540 –

Current asseets 1,030 660
––––– ––––
5,900 1,210
––––– ––––
Equuity
Orddinary sharre capital 2,500 525
Rettained earnnings 3,000 585
Currrent liabilitties 400 100
––––– ––––
5,900 1,210
––––– ––––

P aacquired 800% of S onne year agoo on 1 January 20X00 when the balance oon
the retained eearnings off S stood aat $505,0000.

NCCI should bee calculateed using thhe proportioon of net assets methhod.

Reqquired:

Preepare the cconsolidaated statemment of finnancial poosition (CSSFP) at
31 December 20X0.

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