Instr Section A- (compulsory) Answer all questions Question 1 The financial statements of Big plc and Small plc, for the financial year ending 31 December 20X4, are given below Statements of financial position (at 31 December 20X4) Big plc 400 230 140 50 820 80 20 720 820 Amounts in miions Small pl 210 Investment in Small plc 0 Inventories Cash Total Assets Payables Share Capital 31 296 40 10 246 296 Retained Earnings Total Liabilities and Equity Represents the original acquisition cost of Small plc's shares. Statements of comprehensive income (year ending 31 Dec 20x4) Amounts in millions Big plc Small plc Revenue Cost of Sales Administrative Expenses 720 (500) (110) 14 124 (37) 87 310 (190) (80) Dividends received from Small plc Profit before tax 40 Tax Expense Profit after tax 32 (Continued on the following pag