Dorae has a 75/o holding in the ordinary shares of Suka, 90% in Meka and 40% in Aneka .

Shares in Suka were acquired in 2006 when the balance on Suka's retained earnings was RM120 million. The balance on retained earnings of Aneka was RM50 million at the acquisition date by Dorae in the year 2010.

Shares in Meka were acquired over two different dates of which 20% was on 1 January 2012 at the cost of RM208 million, and the remaining 70o/o on 30 June 2014. The balance on Meka's retained earnings on 1January 2012 was RM 340 million.

Below are the balance sheets for the four companies as at 31 December 2014.

	Dorae RM million	Suka RM million	Meka RM million	Aneka RM million
Non-current assets
Freehold land	228	350	400
Plant and equipment (NBV)	140	189	350	320
	368	539	750	320
Development projects	320	200
Investment in Suka	354
Investment in Meka	560
Investment in Aneka	160
	1,394	200
Current assets
Inventories	60	280	340	310
Accounts receivable	36	196	240	160
Cash at bank	56	34	126	250
	152	510	706	720
Current liabilities
Accounts payable	35	210	124	200
Taxation	12	29	52	80
Provision for warranty	33		20
	(80)	(239)	(196)	(280}
Non-current liabilities
10/o Debentures		(60)	(40)
	1,834	950	1,220	760
Financed by:
Ordinary shares of RM1.00	500	200	400	200
each
Retained earnings:
Balance on 1 January 2014	854	522	400	440
Profit for the year	480	228	420	120
	1,834	950	1,220	760

Additional information:

To reflect the fair value of the subsidiaries' net assets at the acquisition date, the directors of Deare determined that Suka's freehold land had a fair value of RM450 million. Suka has not acquired nor disposed off any land since 2006.

Investment in Suka includes 10/o Debentures purchased at par for RM 24 million.

Suka sold a piece of equipment to Dorae in 2012 for RM20 million and made a profit of RM5 million. The remaining useful life of this plant and equipment at that time was 5 years .

Provision is to be made for debenture interest payable for the second six months of the year for Suka.

During the year, Aneka sold items of inventories at the invoiced value of RM10 million to Dorae. RM5 million of these goods are still in stock at the end of the year. Aneka normally charges a mark-up of 25/o on cost.

Estimated useful life of goodwill is 5 years. Full provision of depreciation and amortisation is provided for in the year of purchase and none in the year of sale.

Assume that revenue and expenditure accrue evenly throughout the year. viii. Ignore taxation.

Required :

Prepare the account of cost of control, retained earnings and minority interest.

Prepare the consolidated balance sheet as at 31 December 2014 for Dorae as a group.