ASAP

Following is the statement of financial position of P and S limited Statement of Financial Position As At Dec 31, 2019 PLimited s Limited Assets Land Investment in S Limited 96.000 112.000 160.000 96.000 Inventories Receivables Cash 16,000 BO 1045000 12.000 9.600 61.600 370.000 13700 Equity and Liabilities Share Capital of Rs. I per share Retained Eamins 20.000 0.000 96,000 18.000 144.000 Payables $6.000 13.600 159.00 $6,000 Limited acquired shares in 5 limited when S Limited's tetained canings were Rs 24,000 Market price of shares of Limited at the date of acquisition was R2 per share Requirement 1. Prepare consolidated statement of financial position as at 31 December 2014 hesed oe Equity method Question #2 (Marks 10) Following information pertains to the Diamond Industries Limited for the Year 2021 Net profit attributable to ordinary shares (Rs.) Ordinary shares outstanding (Ne) 17.600 Average fait value of one ordinary share during the year (R) Potential Ordinary Shares Options 880 shares with an exercise price of Rx 480 cach Convertible Preference Shares 4,000 share entitled to cumulative dividend of Rs. 9 per share. Each preference share is convertible into two ordinary shares % Comvertible Debentures Nominal total value Rs.800.000 (par value Rs. 1,000). Each dchentare is convertible into 10 ordinary shares Tax Rate is 30% 720 Requirement 1. Increase in earnings attributable to ordinary shareholders en convenione potential edinacy shares 2. Diluted earnings per share