H bought 10% of S 2 years ago for SAR 45m. The balance on Ss retained earnings was SAR 150m at this date.

H bought 60% of S 1 year ago for SAR 540m. The balance on Ss retained earnings was SAR 300m at this date and S held a non-current asset with a fair value of SAR 150m more than its carrying amount.

The fair value of the original investment (10%) in S was SAR 60m at this date. Statements of financial position for H and S as at 31 December 20X1:

	H SARm	S SARm
Assets:
Investment in S:
First holding (10%)	45	0
Second holding (60%)	540	0
	585	0
Other assets	2,500	650
Less Current liabilities	-500	-50
	2,585	600
Equity
Share capital	100	100
Retained earnings	2,485	500
	2,585	600

Required:

Prepare the consolidated statement of financial position as at 31 December 20X1