nil 1. Pond holds several small investments in other property companies and a controlling interest in Stream. It acquired 140,000 of Strear's ordinary shares for 250,000 on 1 January 2018. At that date the retained earnings of Stream were 60,000 and the share price of Stream was 1.60. It is group policy to report full goodwill Balance Sheets at 31 December 2019 Pond Stream '000 '000 '000 '000 Non-current Assets Property plant and equipment 160 95 Equity Investments at cost 390 50 Investment properties 860 230 1,410 375 Current Assets Inventories 127 58 Trade receivables 187 117 Cash and bank 57 24 371 199 Total assets 1,781 574 Equity and liabilities Capital and reserves Ordinary share capital (1 each) 400 200 Share premium account 100 Retained earnings 600 96 1.100 296 Non-current liabilities 10% Debenture stock 90 Current liabilities Trade payables 511 218 Current tax payable 80 60 591 278 Total equity and liabilities 1.781 574 The following information is relevant: An acquisition of forty percent of the ordinary share capital of Air on 1 July 2019 has not yet been recorded by Pond. 30,000 shares in Pond, with a market value of 3 per share had been issued as purchase consideration. Air has made retained earnings of 2,500 per month since the purchase of shares by Pond. The fair value of the net assets of Stream were equal to the carrying amounts with the exception of equipment which had fair values of 20,000 in excess of its carrying amount. This equipment had a remaining life of five years at the date of acquisition During 2019 Stream had sold goods to Pond for 3,000 per month, making a profit of 900 per month. Half of these goods were in the inventory of Pond at the year end. An impairment test on 31" December 2019 showed that the consolidated goodwill should be written down by 9,000 and the investment in Air has suffered an impairment of 5,000 Required: Prepare the consolidated balance sheet of Pond as at 31" December 2019 nil