=+With respect to the measurement of non-controlling interests at the date of acquisition, the proportionate share method equated to the fair value method. 27. CONSOLIDATED STATEMENT OF FINANCIAL POSITION 2. 3. 507 On 1 January 2002, the property, plant and equipment of ROLL had a fair value of €800,000 in excess of their book values, and a remaining useful economic life of 20 years on this date. This has not yet been reflected in the books of ROLL. During the year ended 31 December 2004, ROCK sold equipment to ROLL for 4. 5. 1,000,000 at a profit of 25% of selling price. ROLL charges a full year’s depreciation in the year of acquisition, charging €200,000 depreciation in the year ended 31 December 2004 on the basis that the equipment had a useful economic life of five years. During the year ended 31 December 2004, ROLL paid an interim dividend to its pref- erence and ordinary shareholders of €32,000 and €50,000 respectively.