19.3 Set out below are the financial statements of Sharp Bhd for the year ended 31 December 2. Consolidated Statement of Profit or Loss for the Year Ended 31 December x2 Turnover Cost of sales Expenses Operating profit Interest expense Share of profits of associate companies Profit before tax Tax-group Profit after tax RM'000 8,000 (3,000) 5,000 (2.400) 2,600 (300) 140 2,440 (800) 1,640 Profit after tax attributable to: Equity holders of H Non-controlling interest 1,540 100 1.640 Consolidated Statements of Financial Position 31 Dec Cm 000 Property plant and equipment Goodwill Investment in associate companies Current assets Inventory Receivables Bank balance 1600 3.300 Ordinary share capital Asset revaluation reserve Retwined profits Non-controlling interest 2.170 320 2.840 490 300 Non-current liabilities 300 880 Current liabilities 500 1 500 8,300 1,100 5.200 Number of ordinary shares "000 1.200 "000 800 Note 1 Non-current assets Net carrying amount at 1 January 2 Additions Net carrying amount of disposals Depreciation charge for the year Net carrying amount at 31 December 2 RM 000 2.000 2,700 400 (300 4000 Non-current assets of RM450,000 were acquired under finance leases. Non-current assets disposed of corps assets sold during the year for RM250,000 cash and RM100,000 trade-In allowance against the acquisition of new non-current assets. Note 2 Receivables RM000 1,170 30 1.200 1 RM 000 800 N 800 Receivables from customers Tax recoverable 722 Chapter 19 Note 3 Current liabilities Obligations de France sasies Overdraft Trade payables Accruais for interest and fonce che Tak payable Provision for product waardes X2 RM000 240 N 990 140 Tul 500 1.000 18/8888888 The amount spent on repair of products under warranties during the year was R400,000 Note 4 Non-current liabilities X1 PM 0 Obligations under finance leases Deferred taxation x2 RM 000 730 150 880 500 Note 5 Equity Ordinary Shares RM1000 1.480 720 Revaluation Reserve RM'000 300 Retained Earnings RM'000 1,520 Non-controlling Interest RM 000 300 (120) 100 (100) At 1 January 2 issue on business acquisition and rights issue Buyback Bonus Prolit alter tax Expenses on issue of ordinary shares Dividend Acquisition of subsidiary Surplus on evaluation 31 December 2 1.540 100 (10) 2 2 2 120 320 2,170 2,840 490 ed Statement of Cash Flows m During the year, a 75 percent holding in Blunt Bhd was acquired. The details e as follows: Note 6 Non-current assets Trade receivables Bank Trade payable Tax payable Non-controlling interest Goodwill RM 000 300 100 200 (120) (0) (120) 500 BEO Cost of business combination Shares of 200,000 issued at market price of RM2.60 per share Cash paid 520 340 860 Required: Prepare the group statement of cash flows for Sharp Bhd for the year ended 31 December x2