H Ltd. acquired 4,000 Equity Shares of S Ltd. on 1.1.2015. Their Balance Sheets as at 31.12.2015 were as follows:

On 1.1.2015, the Profit and Loss Account of S Ltd. showed a credit balance of ₹ 10,000. On the same date, the Plant and Furniture of S Ltd. were re-valued at ₹ 60,000 and ₹ 8,000 respectively. These were not incorporated in the books. Depreciation is charged on Plant @ 20% p.a. and on Furniture @ 10% p.a. (assume no addition to nor any disposal from Plant and Furniture was made during the current year). Prepare a Consolidated Balance Sheet as at 31.12.2015.

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I. EQUITY AND LIABILITIES (1) Shareholders' Funds: Balance Sheets of H. Ltd. and S. Ltd. as at 31st December, 2015 H. Ltd. (₹) (3) (a) Share Capital --- 50,000 Equity Share of 5,000 Equity Shares of (b) Reserves and Surplus: General Reserve (1.1.2015) Profit and Loss Account (2) Share Application Money Pending Allotment: (3) Non-current Liabilities: (4) Current Liabilities: TOTAL II. ASSETS (1) Non-current Assets: (a) Fixed Assets Particulars (1) Trade Payables --- Sundry Creditors (i) Tangible Assets: TOTAL Plant Furniture 10 each fully paid 10 each fully paid (b) Non-current Investments -4,000 Equity Shares in S. Ltd. (2) Current Assets: (a) Inventories (b) Trade Receivables (c) Cash and Cash Equivalents--- Cash at Bank Note No. (2) 5,00,000 1,00,000 1,00,000 - 50,000 7,50,000 2,90,000 1,50,000 60,000 1,20,000 70,000 60,000 7,50,000 S. Ltd. ₹ (4) 50,000 20,000 25,000 - - 5,000 1,00,000 40,000 9,000 30,000 15,000 6,000 1,00,000