For the financial year ended 31 March 2020, the draft final accounts of Langsam Berhad and its subsidiary, Schnell Berhad are as follows: Statement of Profit and Loss for the year ended 31 March 2020 Langsam RM'000 99, 600 1,500 7, 200 108, 300 Operating profit Interest income Dividend income from Schnell Berhad Net profit before tax Taxation Net profit after tax Dividends Retained profits Beginning retained profits Ending retained profits Statement of Financial Position at 31 March 2020 Langsam RM000 Net non-current assets Net current assets Investment in Schnell Berhad 28, 200 80, 100 30,000 50, 100 101, 800 151,900 Non-current liabilities Current liabilities Share capital of RM1 each Retained profits 198, 800 397, 000 140,000 735, 800 60, 000 123, 900 400, 000 151, 900 735, 800 Schnell RM'000 26, 600 900 27, 500 7,700 19,800 9,000 10, 800 55, 800 66, 600 Schnell RM'000 ANASA 110, 000 273, 900 383.900 68,000 99, 300 150,000 66, 600 383,900 Langsam Berhad acquires an 80% interest in Schnell Berhad on 1 April 2016 when the retained profit was RM10 million for a cash consideration of RM140 million. Langsam Berhad adopts the proportional net assets method in the valuation of non-controlling interest. Additional Information: (a) Dividends are paid net of income tax. (b) All assets including goodwill are stated at their fair market value at 31 March 2020. (c) In December 2019, Langsam Berhad sold inventories to its subsidiary for RM72 million. The profit margin is 120% on cost. At 31 March 2020, the value of the inventory remaining in Schnell Berhad was RM12] million which was reported under net current assets. Required: (a) Prepare the consolidated statement of profit or loss of Langsam Berhad for the financial year ended 31 March 2020. (8 marks) (b) Prepare the consolidated statement of financial position of Langsam Berhad and its subsidiary at 31 March 2020. (8 marks)