ellios Ltd purchased 80% of Super Ltd on September 30, 2019 for shs. 496 million, 60 % of Spool Ltd on June 30, 2019 for shs. 150 million and 20 % of Arrow on March 31, 2019 for shs. 56 million. The draft accounts for the three companies are shown below as at December 31, 2021.

		IN 'million
		Hellios	Super	Spool	Arrow
Sales		2,346	2,400	1,200	2,400
Cost of sales		1,564	1,620	810	1,620
Gross profit		782	780	390	780
Distribution cost		310	400	200	400
Administration cost		240	200	100	200
Interest expenses		42
Profit Before Taxes		190	180	90	180
Tax expenses		72	40	20	20
Profit After Taxes		118	140	70	160
Dividends expenses		63	40	20	40
Profit to Retained Earnings		55	100	50	100
Retained Earnings b/d		120	190	110	190
Retained Earnings c/d		175	290	160	290