Additional information:

1. During the year, Hyun Bin sold inventories to Son YJ at cost plus 25%. Invoice value is RM150,000. Son YJ has sold 60% of these inventories.
2. Current year revaluation of assets refers to land revaluation of RM200,000.
3. In December 2020, Son YJ declared preference shares dividends of 5% which has not yet been accrued.
4. The group uses equity method accounting to prepare its group accounts.

Required:

1. Prepare the Group Statement of Financial Position for Hyun Bin group as at 31 December 2020. (13 marks)
2. Prepare the Group Statement of Comprehensive Income for Hyun Bin group for year ended 31 December 2020. (5 marks)

Hyun Bin Sdn Bhd has 40% joint control over Son YJ since 1 April 2019. Retained earnings Hyun Bin Sdn Bhd has 40% joint control over Son YJ since 1 April 2019. Retained earnings