1.1) The Income Statements of VenusX plc, Mars Ltd and Jupiter Lid for the year ended 30 June 20X9. and their Statements of Financial Position at that date are as follows: Statements of Financial Position as at 30 June 20x9 Venusx Mars Jupiter E'000 '000 '000 Nur current assets Property, plant & equipment 2.215 594 666 Investment in Mars Lid 1,134 Investment in Jup ter Ltd 125 3,474 594 666 Current assets Inventories 1,305 360 504 Trade receivables 1,809 480 549 Cash & cash equivalent 498 288 3,612 1,116 1,053 Total assets 7,086 1,710 1,719 450 Equity and liabilities Equity shares of 1 cach Share premium Retained eaminge 1,350 585 1,416 3,351 270 180 616 1,066 (150) 300 Non-current liabilities Borrowings 1,350 1,350 0 0 450 450 Current liabilities Bank overdraft Payables 0 2,385 2,385 0 644 644 202 686 969 Total equity and liabilities 7,086 1,710 1,719 Income Statements for the year ended 30 June 20x9 Venus X Mars Jupiter E'ODO E'000 E'000 Revenue 15,804 5.650 4,347 Cost of sales (10,593) (43741 (3,519; Gross profit 5.211 1.476 aza Administrative expones (3.789) (999) 1720) Profil Promni opony 1,422 477 10a Dividends received 126 Finance costs (135) (26) Profil before lax 1,413 477 72 Taxation (285) (109) (12) Profit for the year 1,125 368 60 Additional information: . VenusX acquired 189.000 shares in Mars Ltd on 1 July 20x7 when Mars's retained earnings were 220,000 and the balance on its shate premium was 180.000 AL1 July 20X7 the fair values of Mars's property, pluril & equipment were 720,000 whereas the net hook values worn 540,000 The assets had an cstimated remaining useful lifn of 10 years at this date. The fair values of all other net assets were equivalent to their book values. VeriusX acquired 180.000 shares in Jupiter Lid on 1 January 20X9. Jupiler's profits for the year ended 30 June 2009 may he assumed to have arisen evenly over the year. Al 1 January 20x9 dhe fair values of Jupiter's riel assets can be assumed to ho equal to their book values. . During the year ended 30 June 20x9 VenusX sold soods to Mare tor 225,000. earring a 40% gross prufit on this transaclion. One third of theve goods were still in Mars's inventories at the year end. At 30 June 20x9 VenusX's trade receivables include an amount owing from Mare of E120.000 . During the year ended 30 June 20x9 VeriusX and Mans puid dividends of 240,000 and 180,000 respectively, Jupiter did not pay any dividends during the year. Jupiter and Mars have not laued ahares for many years. The review for impairment of goodwill at 30 June 20x9 indicated that goodwill on sousition of Mars should be written down to 300,000. VeriusX uses the proportion of net asset me.hudipartial goodwill method to valur non-controlling interests. Required: Prepare the Venusx ple group's consolidated Income Statement for the year ended 30 June 20x3 and a Consolidated Statement of Financ al Position as at 30 June 20X9. You need to present your workings on goodwill inter-company trading group retained samings. non-controlling interests and investment in associates. Answere should be rounded to the nearest thousand