Lavender acquired six million of Twirl's ordinary shares on 1 October 2007 for an agreed consideration of Tk.24.85 million. The consideration was settled by a share exchange of five new shares in Lavender for every three shares acquired in Twirl, and a cash payment of Tk.4.85 million. The cash transaction has recorded, but the share exchange has not. The draft statements of financial position of the two companies at 30 September 2013 are: Assets Tk. (000) Lavender Tk. (000) Twirl Tk. (000) Tk. (000) Non-Current Assets Property, Plant and equipment Investment in Twirl 78,690 27,180 4,850 nil 83,540 27,180 Current Assets Inventory 7,450 4,310 Accounts receivable 12,960 4,330 Cash and bank nil 520 20.410 103,950 9,160 36,340 Total Assets Equity and Liabilities Equity Ordinary shares of RM1 each 20,000 8,000 Reserves Share Premium 10,000 2,000 Retained earnings: At 1 October 2012 51,260 6,000 For the year to 30 September 2013 12,000 8,000 73,260 16,000 Total Equity 93.260 24,000 Non-Current liabilities: 88% Loan notes 20X4 % Loan note Current liabilities Accounts payable and accruals Bank overdraft Provision for taxation Total equity and liabilities nil 6,000 5,920 4,160 1,700 Nil 3,070 2,180 10.690 103,950 6,340 36,340 The following information is relevant: 1. The fair value of Twirl's land at the date of acquisition was Tk.4 million in excess of its carrying value. Twirl's financial statements contain a note of a contingent asset for an insurance claim of Tk.800,000 relating to some inventory that was damaged by a flood on 5 March 2008. The insurance company is disputing the claim. Lavender has taken legal advice on the claim and believes that it is highly likely that the insurance company will settle it in full in the near future. The fair value of Twirl's other net assets approximated to their carrying values. 2. At the date of acquisition Lavender sold an item of plant that had cost Tk.2 million to Twirl for Tk.2.4 million. Twirl has charged depreciation of Tk.240,000 on this plant since it was acquired. 3. Lavender's current account debit balance TK.820,000 with Twirl does not agree with the corresponding balance in Twirl's books. Investigations revealed that on 26 September 2018 Lavender billed Twirl Tk.200,000 for its share of central administration costs. Twirl has not yet recorded this invoice. Inter-company current accounts are included in accounts receivable or payable as appropriate. 4. It is group policy to value the non-controlling interest at its proportionate share of the fair value of the subsidiary's identifiable net assets. Required: Prepare the consolidated statement of financial position of Lavender at 30 September 2013. (Show all required workings)