) Below are the statements of financial position of three companies as at 31 May 20X9. Ice Plc '000 Cream Plc '000 Cone Plc '000 Non-current assets Property, plant & equipment 3,125 3,900 1,100 Investments 3,825 6,950 3,900 1,100 Current assets Inventories 1,600 1,500 1,650 Trade receivables 1,250 1,200 1,500 Cash & cash equivalents 1,700 1,100 2,200 4,550 3,800 5,350 11,500 7,700 6,450 Total assets Equity and liabilities Equity shares of 1 each 4,050 2,500 2,500 Share premium 250 100 Retained earnings 3,250 500 900 7,550 3,100 3,400 Non-current liabilities Loans 1,250 1,600 1,600 1,250 1,600 1,600 Current liabilities Trade payables 1,350 600 1,400 Taxation 100 50 50 Bank 1,250 2,350 2,700 3,000 1,450 Total equity and liabilities 11,500 7,700 6,450 You are also given the following information: Ice acquired 2,250,000 shares in Cream on 1 June 20X8 for 3,000,000 when Cream had retained earnings of 100,000. Ice acquired 750,000 shares in Cone on 1 June 20X8 for 825,000 when Cone had retained earnings of 150,000. On the date of acquisition, the plant in the books of Cream was determined to have a fair value of 300,000 in excess of its carrying value. The plant had a remaining life of 6 years at this time. During the year, Cream sold goods to Ice for 1,000,000 (sales value to Ice) at a margin of 30%. Ice had half of these goods still in inventory at the year-end. As a result of the sales between Ice and Cream, Ice showed a trade payable of 250,000 and Cream showed a trade receivable of 250,000. The Ice Group values the non-controlling interest using the proportion of net asset method. An impairment test at the year-end shows that goodwill for Cream has impaired by 30,000 and the investment in Cone has impaired by 5,000. Required: Prepare the consolidated statement of financial position for the year ended 31 May 20X9. Show all your workings on goodwill, group retained earnings, non-controlling interests, investment in associates and inter-company trading. (Answers should be rounded to the nearest thousand.)