The statements of profit or loss and other comprehensive income of C Limited and A Limited are as follows for the year ended 31 December 2017.

Additional Information:
1. C Limited purchased 60% of the ordinary share capital of A Limited on 1 January 2014 when the retained earnings were a debit balance of €3,000.
Included in the net assets of A Limited taken over were tangible non-current assets with a book value of €12,000. At 1 January 2014, the fair value of these assets was €15,000.
A Limited depreciates all its tangible non-current assets on a 20% reducing balance basis, and carries all assets at cost. 7 With respect to the measurement of non-controlling interests at the date of acquisition, the proportionate share method equated to the fair value method.

Requirement Draft the consolidated workings for the CA Group for the year ended 31 December 2017.

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C A Net profit 10,000 5,000 Income tax expense 1,000 1,000 Profit after tax 9,000 4,000 Balance brought forward 15,000 6,000 Balance carried forward 24,000 10,000