Almond Bhd is a manufacturing company since year 1990 and has the following shareholding in few companies as below: Company Walnut Cashew Acquisition Date Assets Property, plant and equipment Investment in Walnut Bhd Investment in Cashew Bhd Purchase consideration Current assets Loan to Walnut Bhd RM million 400 110 Holding interest (%) Almond Bhd RM million 1 January 2016 1 January 2017 The statements of financial positions of Almond Bhd, Walnut Bhd and Cashew Bhd are as follows: Statement of Financial Position as at 31 December 2019 625 430 110 310 10 1,455 80 45 Retained profits RM million 50 55 Walnut Bhd RM million 400 70 Share Premium 470 RM million 10 15 Cashew Bhd RM million 300 60 360 Equity and Liabilities Ordinary shares of RM1 each Share premium Revaluation reserve Retained profits Non- current liabilities Current liabilities Loan from Almond Bhd i. 400 45 50 410 200 350 ii. iii. 1,455 300 50 67 20 25 8 470 200 35 65 10 50 Additional information: On the acquisition date of Walnut Bhd, the fair value of land was RM80 million more than its carrying value. Walnut Bhd did not adjust its account for the increase in the fair value. Almond Bhd has joint control in Cashew Bhd since year 2017. On 1 July 2019, Walnut Bhd transferred an equipment to Almond Bhd for RM60 million. The carrying value of the equipment was RM50 million with five years remaining useful life. It is the 360 group policy to calculate depreciation using straight line basis and full year depreciation is given in the year of disposal. iv. During the year ended 31 December 2019, Almond Bhd sold inventories to Cashew Bhd for invoices totaling RM3 million. As at the year-end, 20% of the inventories were remained in the closing inventories of Walnut Bhd. Almond Bhd sold at a profit margin of 20%. v. Walnut Bhd sent a cheque to Almond Bhd of RM2 million for the amount owing on 29 December 2019.This was not received by Almond Bhd until 2 January 2020.. vi. Goodwill on consolidation is limited to parent only and was impaired by 15% on 31 December 2019. vii. Almond Bhd retains all its investments at cost. Required: Prepare the Consolidated Statement of Financial Position of Almond Bhd and its subsidiary as at 31 December 2019. All relevant workings are to be disclosed.