You are given the following Balance Sheets of H Ltd. and S Ltd. as on December 31, 2015:

The Profit and Loss Account of S Ltd. showed a credit balance of ₹ 50,000 on January 1, 2015. A dividend of 15% was paid in October 2015, for the year 2014. This dividend was credited to the Profit and Loss Account of H Ltd. H Ltd. acquired the shares in S Ltd. on July 1, 2015. The bills payable of S Ltd. were all issued in favour of H Ltd. which had got the bills discounted. Included in the creditors of S Ltd. is ₹ 20,000 for goods supplied by H Ltd. Included in the stock of S Ltd. are goods of the value of ₹ 8,000 which were supplied by H Ltd. at a profit of 331/3% on cost. In arriving at the value of S Ltd. shares, the plant and machinery which then stood in the books at ₹ 1,00,000 was revalued at ₹ 1,50,000. The new value was not incorporated in the books. No change in these assets have been made. Prepare Consolidated Balance Sheet as on December 31, 2015. Show details of workings.

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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) (3) (a) Share Capital --- Equity Share of 100 each fully paid (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: Trade Payables-Creditors TOTAL II. ASSETS (1) Non-current Assets: (a) Fixed Assets Particulars (1) Bills Payable TOTAL (i) Tangible Assets: Land and Buildings Plant and Machinery (i) Intangible Assets ---Goodwill (b) Non-current Investments - 1,500 Equity Shares in S. Ltd. at cost (2) Current Assets : (a) Inventories (b) Trade Receivablesm --- Debtors (c) Cash and Cash Equivalents-Cash at Bank Note No. (2) 5,00,000 1,00,000 1,40,000 80,000 8,20,000 2,00,000 1,60,000 40,000 2,40,000 1,00,000 20,000 60,000 8,20,000 S. Ltd. ₹ 2,00,000 60,000 90,000 50,000 40,000 4,40,000 1,30,000 90,000 30,000 90,000 75,000 25,000 4,40,000