10.6 Abridged financial statements for Harvest Limited and Wheat Limited as at 30 June this year are set out below. On 1 July last year Harvest Limited acquired 800,000 ordinary shares in Wheat Limited for a payment of £3,500,000. Wheat Ltd’s share capital and share premium were each the same throughout. Similarly, the assets in the statement of financial position of Wheat Limited were shown at fair market values throughout.

Statements of financial position as at 30 June this year Harvest Ltd Wheat Ltd £000 £000 ASSETS Non-current assets Property, plant and equipment 10,850 4,375 Investment Shares of Wheat Limited 3,500 –
14,350 4,375 Current assets 3,775 1,470 Total assets 18,125 5,845 EQUITY AND LIABILITIES Equity Share capital (£1 shares) 2,000 1,000 Share premium account 3,000 500 Revenue reserves at 1 July last year 2,800 375 Profit for the current year 399 75 8,199 1,950 Non-current liabilities Bank loans 7,000 2,500 Current liabilities 2,926 1,395 Total equity and liabilities 18,125 5,845 Required:
Prepare the consolidated statement of financial position for Harvest Ltd as at 30 June this year, using the data given above.