The financial statements of company M and its subsidiary S are shown here (in BCm).

Draw up the consolidated accounts for the groupM+S in the following circumstances:

(a) M has 80% stake in S (full consolidation).

(b) M has 50% stake in S (assuming the accounting principles allow for proportional consolidation).

(c) M has 20% stake in S (equity method consolidation).

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Balance sheet Assets M S Tangible and intangible fixed assets Investment in subsidiary S Other investments 100 30 16 Current assets Total Income statement Equity and liabilities M Equity and share capital 40 Reserves 5 Net earnings 200 70 Debt 321 100 Total Sales Purchases of raw materials Change in inventories Other external services - Personnel costs - Interest and other financial charges Interest, dividends and other financial income Exceptional costs + Exceptional income Corporate income tax == Net income S 10 10 80 10 95 10 191 75 321 100 M S 200 100 90 50 2 25 20 40 8 10 1 3 9 2 11 10 5