On 1 January 2015, Poplar bought 25,000 of the 100,000 shares in Ash for 20,000. The retained earnings of Ash Ltd at 1 January 2015 were 12,000.

The financial statements for the year ended 31 December 2017 are below:

	Poplar 000	Ash 000
Revenue	143,000	29,000
Cost of Sales	(65,000)	(16,000)
Gross Profit	78,000	13,000
Operating expenses	(34,000)	(5,800)
Operating profit	44,000	7,200
Dividend from Ash	500
Profit before tax	44,500	7,200
Tax	(6,200)	(200)
Profit for the year	38,300	7,000

	Poplar 000	Ash 000
Property plant & equipment	160,800	94,000
Investment in A at cost	20,000
Current assets	52,000	41,600
	232,800	135,600
Share capital	180,000	100,000
Retained earnings	45,800	30,000
	225,800	130,000
Liabilities	7,000	5,600
	232,800	135,600

Required: Prepare the consolidated accounts for the year to 31 Dec. 2017.