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 Ash '000 '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 Ash '000 '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