(b) For inclusion in the consolidated statement of profit and loss account and other comprehensive income for the year ended 31st December 2021 calculate Revenue and cost and for inclusion in the consolidated statement of financial position as at 31st December 2021, calculate; property plant equipment, investments current assets, Share capital and liabilities. Explain and justify the basis of your calculation with reference to the current and temporal methods for translating the books of foreign subsidiary.

please solve the question in temporal and current rate

its calculation q

Task 02 Zalti Group, a large Omani group of company, bought 80 percentage of the ordinary shares of Tattoo an UAE based company, for AED 190 million on 31 st December 2020. The retained earnings of Tattoo at this date were AED 75 million. The fair value of the non-controlling interest at the acquisition date was AED 15 million. The financial statements of Zalti Group and Tattoo for the year ended 31 st December 2021 are presented below:- Page 5 of 9 Statement of profit and loss account for the year ended 31st December 2021 Statement of financial position as at 31 st December 2021 There has been no intra group trading. Goodwill arising on the acquisition of Tattoo is not impaired. The presentation currency of the consolidated financial statement is the dollar. Exchange rates are as follows: - Task 02 Zalti Group, a large Omani group of company, bought 80 percentage of the ordinary shares of Tattoo an UAE based company, for AED 190 million on 31 st December 2020. The retained earnings of Tattoo at this date were AED 75 million. The fair value of the non-controlling interest at the acquisition date was AED 15 million. The financial statements of Zalti Group and Tattoo for the year ended 31 st December 2021 are presented below:- Page 5 of 9 Statement of profit and loss account for the year ended 31st December 2021 Statement of financial position as at 31 st December 2021 There has been no intra group trading. Goodwill arising on the acquisition of Tattoo is not impaired. The presentation currency of the consolidated financial statement is the dollar. Exchange rates are as follows