Below are the Statements of Financial Positions of two companies for the year ended 31 December 2020: Sinovac Moderna RM'000 RM'000 Ordinary shares of RM1each 400,000 200,0000 7% preference shares of RM1 each 100,000 5.6% preference shares of RM1 each 100,000 Accumulated profit 100,000 70,000 Current Liabilities: Taxation 28,000 21,400 Current account- Sinovac 11,000 Dividends payable 25,000 15,600 Trade payables 23,000 33,000 676,000 451,000 Land at cost 200,000 300,000 Plant and machinery 150,000 60,000 Accumulated depreciation (50,000) (20,000) Investment in Moderna- 1,500,000 250,000 shares Current Assets: Dividends receivable from Moderna 9,600 Current account- Moderna 12,000 Trade receivables 28,000 32,000 Inventories 45,000 41,000 Bank 31,400 38,000 676,000 451,000 Additional information: 1. Sinovac acquired the ordinary shares of Moderna on 1 January 2018 when the retained profit of Moderna had a negative balance of RM20 million. 2. On 1 January 2018, the fair value of land of Moderna was RM100 million more than shown in the books. Moderna did not adjust its books to reflect the new value. This piece of land still remains in Moderna. 3. During the year 31 December 2020, Moderna sold inventories valued at RM30 million to Sinovac. Moderna invoices trading inventories to Sinovac at cost plus 50%. As at 31 December 2020, Sinovac had not sold any of these inventories. 4. During the year 31 December 2019, Sinovac sold to Moderna plant and machinery, (cost RM40 million less accumulated depreciation RM20 million) at RM30 million. Remaining economic life of this asset was five years and plant is depreciated using the straight-line method. 5. Sinovac's bank has not credited its account for RM1 million remitted by Moderna on 31 December 2020. 6. Dividends payable of Moderna includes second half year's preference dividends. Required: a) Prepare the Consolidated Statements of Financial Position for the Group for the year ended 31 December 2020. (19 marks) (CLO3:PLO3:C4) b) Briefly explain the THREE (3) situations where an entity holds less than one-half of the voting rights but obtains control over the entity. (6 marks)