The following are balance sheets of Peter Ltd and Paul Ltd. Peter owns 60% of the shares of Paul, the shares being purchased on 31 December 19XO:

Balance sheets at J 1 December 19XO Peter Paul

£ £

Fixed Assets 800 1000 I nvestment in Paul Ltd 1000 Current Assets 3000 2500 Current Liabilities 600 1800

£4200 £1700 Owners' Equity - ---

Share capital 1000 500 Retained profit 2200 1000 3200 1500 Loan at 10% 1000 200

£4200 £1700 At 31 December 19XO Paul owes Peter £200. This was included in the current liabilities of Paul and current assets of Peter.
Prepare a consolidated blance sheet at 31 December 19XO. What additional information does it give a shareholder of Peter who had access to the individual balance sheets of Peter and Paul?