on 1 Apr 20x4 Runner Co acquired 30 of Jogger Cos equity shares when the retained earnings on Joger Co were $195m the consideration consisted of cash of 542 5m pad on 1 Apri zaxe and al superher cash payment of $2 tm deferred until 1 apei zoxs No accounting entries have been made an espect of the deterred cash payment Runner Co has a cost of capital of 6% The appropriate The diam. summarised statements of financial postion of the two companies at 31 March 20x5 are discount rate is 926 shown below Runner Co Jogger Co 5'000 5000 ASSETS Non-current assets Property plant and equipment Investments 44700 455 800 55 000 510,800 44,700 Current assets Inventory Trade receivables Bank 22.000 35 300 2 800 60,100 570,900 16.000 9.000 1 500 26,500 71,200 Total assets Equity and abilities Equity Equity shares of St each Retained earnings 202 500 296 600 489,100 25 000 28 600 63.600 Current babes Trade Payables Total equity and liabilities 81 800 $70,000 17 600 71,200 0 Runner Co's policy is to value the non-controlling interest fair value at the date of bustion the fait value of the non controlling interest in Jogger Co on 1 April 20x4 was estimated $13m The fair values of Jogger Co's other assets abties and contingent babies at 1 April 20X4 were equal to the Carrying amounts with the exception of a specialised piece of plant which had a far vale of Som excess of carrying amount This plant had a ton year remaining setul on 1 Apni 20X4 in December 2024 Jogo co sold goods to Runner Co for $54m earning ass margin of 154 on these Runner Co shield 54 am of these goods no inventores af 31 March 20x5 Jogger Costaw lokval of 56 Amade receivables at 31 March 20XS however Runner Co Dayables only showed 53 am as made a payment of Sim on 31 March 20X5 on 1 Apr 20x4 Runner Co acquired 30 of Jogger Cos equity shares when the retained earnings on Joger Co were $195m the consideration consisted of cash of 542 5m pad on 1 Apri zaxe and al superher cash payment of $2 tm deferred until 1 apei zoxs No accounting entries have been made an espect of the deterred cash payment Runner Co has a cost of capital of 6% The appropriate The diam. summarised statements of financial postion of the two companies at 31 March 20x5 are discount rate is 926 shown below Runner Co Jogger Co 5'000 5000 ASSETS Non-current assets Property plant and equipment Investments 44700 455 800 55 000 510,800 44,700 Current assets Inventory Trade receivables Bank 22.000 35 300 2 800 60,100 570,900 16.000 9.000 1 500 26,500 71,200 Total assets Equity and abilities Equity Equity shares of St each Retained earnings 202 500 296 600 489,100 25 000 28 600 63.600 Current babes Trade Payables Total equity and liabilities 81 800 $70,000 17 600 71,200 0 Runner Co's policy is to value the non-controlling interest fair value at the date of bustion the fait value of the non controlling interest in Jogger Co on 1 April 20x4 was estimated $13m The fair values of Jogger Co's other assets abties and contingent babies at 1 April 20X4 were equal to the Carrying amounts with the exception of a specialised piece of plant which had a far vale of Som excess of carrying amount This plant had a ton year remaining setul on 1 Apni 20X4 in December 2024 Jogo co sold goods to Runner Co for $54m earning ass margin of 154 on these Runner Co shield 54 am of these goods no inventores af 31 March 20x5 Jogger Costaw lokval of 56 Amade receivables at 31 March 20XS however Runner Co Dayables only showed 53 am as made a payment of Sim on 31 March 20X5