Belvoir plc (“Belvoir”) purchased 35,000 ordinary shares in an Australian company, Perth Limited (“Perth”), on the 30 April 2017. For the purposes of measuring non-controlling interests at the date of acquisition, the proportionate share method equated to the fair value method. The summarised statements of financial position of the two companies at 31 December 2017 are as follows:

Additional Information:
1. Included in the current liabilities of Perth is A$75,000 in respect of proposed dividends.
These were approved by the shareholders in March 2018.
2. Belvoir accounts for dividends when received.
3. The summarised statements of profit or loss and other comprehensive income of Belvoir and Perth for the year ended 31 December 2017 are as follows:

Requirement Prepare the consolidated statement of financial position of Belvoir Group at 31 December 2017, assuming that the functional currency of Perth is different from that of Belvoir.

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Belvoir Perth 000 A$000 ASSETS Non-current Assets Property, plant and equipment 50,000 150,000 Investment in Perth 11,667 61,667 150,000