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2.Given below are the consolidated statements of financial position and the consolidated statement of comprehensive Income for Pelangi Berhad and its subsidiary Mentari Berhad: Consolidated
2.Given below are the consolidated statements of financial position and the consolidated statement of comprehensive Income for Pelangi Berhad and its subsidiary Mentari Berhad: Consolidated Statement of Financial Position as at 31 December Property, plant and equipment 2020 2019 RM'000 RM'000 1,350 1,300 Investment in associates company Inventory 1,000 900 900 500 Trade receivables 500 700 Bank 300 150 4.050 3.550 Ordinary shares of RM1 each 2,500 2,500 Retained profits 560 260 Non-controlling interest 590 490 Trade payables 400 300 4.050 3.550 Consolidated Statement of Comprehensive Income Profit for the year ended 31 December 2020 Share of profits of associate company (less impairment of goodwill) Profit before tax Tax Profit after tax Profit after tax attributable to: Equity holders of parent company Non-controlling interest 2020 RM'000 495 130 625 (50) 575 425 150 575 Additional Information: I. Tax charge for the year has been paid. II. Group depreciation on property, plant and equipment was RM40,000, and there was no disposal of non-current assets during the year. III. Investments in associate le equity accounted, and the charge for Impairment of goodwill In associate was RM10,000. Required: Prepare a consolidated cash now statement for Pelangi Berhad for the year ended 2020 using the Indirect method. Show the working. (Total / Jumlah: 20]
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