Hibiscus acquired 80% of the ordinary share capital of Statice for RM160m and 40% of the ordinary share capital of Amaryllis for RM70m on 1 January 2017 when the retained earnings balances were RM64m in Statice and RM24m in Amaryllis. Hibiscus, Amaryllis and Statice are public limited companies. The statements of financial position of the three companies at 31 December 2019 are set out below: Hibiscus Statice Amaryllis RM'000 RM'000 RM'000 Non-current assets Property, plant and equipment 220,000 160,000 78,000 Investments 230,000 450,000 160,000 78,000 Current assets Inventories 384,000 234,000 122,000 Trade receivables 275,000 166,000 67,000 Cash at bank 42,000 10,000 34,000 701,000 410,000 223,000 1,151,000 570,000 301,000 Equity Share capital - RM1 ordinary shares 400,000 96,000 80,000 Share premium 16,000 3,000 Retained earnings 278,000 128,000 97,000 694,000 227,000 177,000 Current liabilities Trade payables 457,000 343,000 124,000 1,151,000 570,000 301,000 1You are also given the following information: 1 . On 30 November 2019 Hibiscus sold some goods to Statice for cash for RM32m. These goods had originally cost RM22m and none had been sold by the year end. On the same date Hibiscus also sold goods to Amaryllis for cash for RM22m. These goods originally cost RM10m and Amaryllis had sold half by the year end. 2. On 1 January 2017 Statice owned some items of equipment with a book value of RM45m that had a fair value of RM57m. These assets were originally purchased by Statice on 1 January 2015 and are being depreciated over six years. 3. Group policy is to measure non-controlling interests at acquisition at fair value. The fair value of the noncontrolling interests in Statice on 1 January 2017 was calculated as RM39m. 4. Cumulative impairment losses on recognised goodwill amounted to RM15m at 31 December 2019. No impairment losses have been necessary to date relating to the investment in the associate. Required: Prepare a consolidated statement of financial position for Hibiscus and its subsidiary as at 31 December 2019, incorporating its associate in accordance with MRFS 128. 2