Moto is keen to expand its global operations and purchased 75% of the ordinary share capital of Remover Inc. (Remover) on 1 April 2021 for 156 million Pesos. Remover is an overseas company incorporated in Mexico and is the first subsidiary acquired by Moto. The group must now prepare its first set of consolidated financial statements for the year ended 31 March 2022. The finance team have informed you that this task has not yet been undertaken as consolidated financial statements is not something they have previously prepared and are unsure how to complete. Remover's financial statements are stated in their functional currency, the Peso. The balance on retained earnings of Remover on 1 April 2021 was 104 million Pesos. Both Moto and Remover prepare financial statements to 31 March 2022 and adopt IFRS Standards. The financial statements for Moto and Remover are included below (the financial statements for Moto include the adjustments in respect of the additional information from Task 1 and no further adjustments are required). Statements of financial position as at 31 March 2022: Statements of profit or loss for the year ended 31 March 2022: FURTHER INFORMATION: (i) The fair value of the recognised net assets of Remover were the same as their carrying amounts at the date of acquisition except for a property. The fair value of the property at the date of acquisition was valued at 6 million Pesos. The carrying amount of the property in Remover's statement of financial position on this date was 4 million Pesos. The useful life remaining on the property at the acquisition date was 20 years. (ii) It is the policy of Moto to value the non-controlling interests at full fair value. The fair value of the non-controlling interest on 1 April 2021 was 49.4 million Pesos. (iii) Moto sold goods to an overseas customer for 3 million on 18 March 2022 on 30-day payment terms. Moto correctly recorded the sale on 18 March 2022 and no further adjustments have been made. Exchange rates are as follows: REQUIRED: (a) Prepare the consolidated statement of profit or loss and other comprehensive income and the consolidated statement of financial position for the Moto Group for the year ended 31 March 2022 in accordance with IFRS Standards