1 The financial statements of three companies in a group for the year 2020 are as follows: Statement of profit or loss and other comprehensive income for the year ended 31 December 2020 Jaya Berhad Ketam Berhad Sales Cost of sales Gross profit Dividend income Operating expenses Profit before tax Tax Profit after tax Ikan Berhad RM'000 RM'000 500 400 (250) 250 (150) 250 RM'000 600 (200) 400 70 48 (200) (100) 270 198 (40) 230 (30) 168 Statement of financial positions as at 31 December 2020 0 (50) 200 (40) 160 Jaya Berhad Ketam Berhad RM'000 RM'000 Ikan Berhad RM'000 Ordinary shares (RM1) 600 300 300 Retained profits 320 400 280 Amount payable to subsidiary 80 0 0 Other liabilities 230 440 150 1230 1140 730 Investment in Ketam Berhad 330 0 0 Investment in Ikan Berhad 0 280 0 Amount receivable from parent 0 80 Other assets 900 780 730 1230 1140 730 Statements of changes in equity (partial) for the year ended 31 December 2020 Jaya Berhad Ketam Berhad Beginning retained profits Profit for the year Dividend Ending retained profits RM'000 210 230 (120) 320 Ikan Berhad RM'000 RM'000 332 200 168 160 (100) (80) 400 280 Jaya Berhad acquires 60 percents interest in Ketam Berhad in January 2018, when Ketam Berhad's retained profits were RM50,000. Ketam Berhad acquires 70 percents interest in Ikan Berhad in January 2019, when Ikan Berhad's retained profits were RM20,000. There was an impairment of goodwill arising from acquisition of Ketam Berhad and an impairment loss of RM10,000 was written off in 2019. There was also an impairment of goodwill arising from acquisition of Ikan Berhad and an impairmentloss of 1 RM15,000 was written off in 2020. The group starts to sell to each other in 2020 at cost plus 30 percents. During the year 2020 Ikan Berhad sold RM50,000 worth of goods to Ketam Berhad and Ketam Berhad sold RM80,000 worth of goods to Jaya Berhad. As at 31 December 2020, the unrealised profit in the inventories of Ketam Berhad is RM10,000 and that in the inventories of Jaya Berhad is RM15,000. Also, the inter-company sales between Ketam Berhad and Jaya Berhad has not been settled. NCI is not measured at fair value on acquisition date. (a) Prepare the consolidated statement of financial position as at 31 December 2020