=+ In December 2003, ARK sold raw materials to CANOE for €30 million, making a profit of €10 million. These raw materials are included at invoice value in the inventory of CANOE at 31 December 2003. It is group policy to charge all of any profit or loss arising on inter-group sales against group reserves. Requirement Prepare the consolidated statement of comprehensive income of ARK Group for the year ended 31 December 2003, starting with profit before tax and ending with retained profit at 31 December 2003, having regard to the fact that ARK does not propose to publish its own statement of comprehensive income. Note You may assume that transactions accrue evenly throughout the year.