hmmmm that's how it was given but the main focus is chocolate berhad.

The following extracts have been obtained from the draft financial statements of Chocolate Berhad and its subsidiaries for the year ended 31 March 2019. Draft statements of financial position at 31 March 2019 Chocolate Candy Sweet Berhad Berhad Berhad RM RM RM ASSETS Non-current assets Freehold land and buildings 650,000 643,600 630,000 Plant and machinery 500,100 550,800 410,400 Investments in Candy Berhad and 1,080,000 Sweet Berhad 2,230,100 1,194,400 1,040,400 Current assets Inventories 231,200 327,200 438,000 Trade receivables 195,600 104,400 110,200 Inter-company current accounts 164,200 Cash at bank 71,800 84,600 161,000 Total assets 2,892,900 1,710,600 1,749,600 EQUITY AND LIABILITIES Equity Ordinary RM1 shares 1,440,000 700,000 600,000 Retained earnings 714,600 229,900 150,000 2,154,600 929,900 750,000 Current liabilities Trade payables 183,960 281,200 179,400 Inter-company current accounts 104,200 20,000 Other payables 554,340 395,300 800,200 Total equity and liabilities 2,892,900 1,710,600 1,749,600 97 Page Draft statements of comprehensive income for the year ended 31 March 2019 Chocolate Candy Sweet Berhad Berhad Berhad RM RM RM Revenue 1,084,800 704,800 429,000 Cost of sales 424,000 367,000 184,600 Gross profit 660,800 337,800 244,400 Operating expenses 292.400 192,800 165,800 Profit before tax 368.400 145,000 78,600 Tax expense 110.400 43,500 23,600 Profit for the year 258,000 101,500 55,000 Extract from draft statement of changes in retained earnings for the year ended 31 March 2019 Chocolate Candy Sweet Berhad Berhad Berhad RM RM RM Balance at 1 April 2018 456,600 128,400 95,000 Profit for the year 258,000 101,500 55,000 Balance at 31 March 2019 714.600 229.900 150,000 The following additional information is also available: (1) Chocolate Berhad acquired 560,000 ordinary shares in Candy Berhad for RM760.000 on 1 January 2017 when Candy Berhad's retained earnings amounted to RM128,400. There have been no changes in Candy Berhad's ordinary shares since that date. (2) During the year ended 31 March 2019, Candy Berhad sold RM80,000 of inventory to Chocolate Berhad. Candy Berhad prices its goods at cost plus a mark-up of 25%. At the year end, Chocolate Berhad's closing inventory included goods purchased from Candy Berhad for RM72,000. (3) Chocolate Berhad acquired 420,000 ordinary shares in Sweet Berhad on 1 April 2017 when the retained earnings in Sweet Berhad were RM74,800. There have been no changes in Sweet Berhad's ordinary shares since then. (4) Sweet Berhad sent a cheque for RM40,000 to Chocolate Berhad on 29 March 2019. The cheque was received by Chocolate Berhad on 1 April 2019 and recorded in its accounting records on that date. (5) An impairment review conducted at the year-end indicated that the goodwill arising on consolidation of Candy Berhad was impaired by RM30,000. There has been no impairment of the goodwill arising on consolidation of Sweet Berhad. (6) On 30 March 2019, the directors of Chocolate Berhad proposed a dividend for the year of 25 sen per share. The proposed dividend has not yet been reflected in the draft financial statements above. (7) Chocolate's group policy is to measure the non-controlling interest at acquisition using the proportion of net assets method. Required: 0 Prepare the consolidated statement of comprehensive income for Chocolate Berhad and its subsidiaries for the year ended 31 March 2019, in accordance with Malaysian Financial Reporting Standards. () Prepare a summary to show the movements in the group's retained earnings for the year ended 31 March 2019. () Prepare the consolidated statement of financial position of Chocolate Berhad and its subsidiaries as at 31 March 2019, in accordance with Malaysian Financial Reporting Standards. 98 IP The following extracts have been obtained from the draft financial statements of Chocolate Berhad and its subsidiaries for the year ended 31 March 2019. Draft statements of financial position at 31 March 2019 Chocolate Candy Sweet Berhad Berhad Berhad RM RM RM ASSETS Non-current assets Freehold land and buildings 650,000 643,600 630,000 Plant and machinery 500,100 550,800 410,400 Investments in Candy Berhad and 1,080,000 Sweet Berhad 2,230,100 1,194,400 1,040,400 Current assets Inventories 231,200 327,200 438,000 Trade receivables 195,600 104,400 110,200 Inter-company current accounts 164,200 Cash at bank 71,800 84,600 161,000 Total assets 2,892,900 1,710,600 1,749,600 EQUITY AND LIABILITIES Equity Ordinary RM1 shares 1,440,000 700,000 600,000 Retained earnings 714,600 229,900 150,000 2,154,600 929,900 750,000 Current liabilities Trade payables 183,960 281,200 179,400 Inter-company current accounts 104,200 20,000 Other payables 554,340 395,300 800,200 Total equity and liabilities 2,892,900 1,710,600 1,749,600 97 Page Draft statements of comprehensive income for the year ended 31 March 2019 Chocolate Candy Sweet Berhad Berhad Berhad RM RM RM Revenue 1,084,800 704,800 429,000 Cost of sales 424,000 367,000 184,600 Gross profit 660,800 337,800 244,400 Operating expenses 292.400 192,800 165,800 Profit before tax 368.400 145,000 78,600 Tax expense 110.400 43,500 23,600 Profit for the year 258,000 101,500 55,000 Extract from draft statement of changes in retained earnings for the year ended 31 March 2019 Chocolate Candy Sweet Berhad Berhad Berhad RM RM RM Balance at 1 April 2018 456,600 128,400 95,000 Profit for the year 258,000 101,500 55,000 Balance at 31 March 2019 714.600 229.900 150,000 The following additional information is also available: (1) Chocolate Berhad acquired 560,000 ordinary shares in Candy Berhad for RM760.000 on 1 January 2017 when Candy Berhad's retained earnings amounted to RM128,400. There have been no changes in Candy Berhad's ordinary shares since that date. (2) During the year ended 31 March 2019, Candy Berhad sold RM80,000 of inventory to Chocolate Berhad. Candy Berhad prices its goods at cost plus a mark-up of 25%. At the year end, Chocolate Berhad's closing inventory included goods purchased from Candy Berhad for RM72,000. (3) Chocolate Berhad acquired 420,000 ordinary shares in Sweet Berhad on 1 April 2017 when the retained earnings in Sweet Berhad were RM74,800. There have been no changes in Sweet Berhad's ordinary shares since then. (4) Sweet Berhad sent a cheque for RM40,000 to Chocolate Berhad on 29 March 2019. The cheque was received by Chocolate Berhad on 1 April 2019 and recorded in its accounting records on that date. (5) An impairment review conducted at the year-end indicated that the goodwill arising on consolidation of Candy Berhad was impaired by RM30,000. There has been no impairment of the goodwill arising on consolidation of Sweet Berhad. (6) On 30 March 2019, the directors of Chocolate Berhad proposed a dividend for the year of 25 sen per share. The proposed dividend has not yet been reflected in the draft financial statements above. (7) Chocolate's group policy is to measure the non-controlling interest at acquisition using the proportion of net assets method. Required: 0 Prepare the consolidated statement of comprehensive income for Chocolate Berhad and its subsidiaries for the year ended 31 March 2019, in accordance with Malaysian Financial Reporting Standards. () Prepare a summary to show the movements in the group's retained earnings for the year ended 31 March 2019. () Prepare the consolidated statement of financial position of Chocolate Berhad and its subsidiaries as at 31 March 2019, in accordance with Malaysian Financial Reporting Standards. 98 IP