On 1 October 20X3, Pyramid acquired 80% of Square's equity shares by means of a share exchange of two shares in Pyramid for every three acquired shares in Square. In addition, Pyramid would make a deferred cash payment of 88 cents per acquired share on 1 October 20X4. Pyramid has not recorded any of the consideration. Pyramid's cost of capital is 10% per annum. The market value of Pyramid's shares at 1 October 20X3 was$6.

The following information is available for the two companies as at 30 September 20X4.

Pyramid

Square

Assets

$'000

$'000

Non-current assets:

Property, plant, and equipment

38,100

28,500

Equity and liabilities:

Equity

Equity and shares of $1 each

50,000

9,000

Other components of equity

8,000

nil

Retained earnings - at 1 October 20X3

16,200

19,000

- for the year ended 30 Sept 20X4

14,000

8,000

The following information is relevant:

(i)At the date of acquisition, Square's net assets were equal to their carrying amounts with the followingexceptions:

An item of plant which had a fair value of $3 million above its carrying amount. At the date of acquisition it had a remaining life of five years (straight-line depreciation).

Square had an unrecorded deferred tax liability of $1million, which was unchanged as at 30 September 20X4.

(ii)Pyramid's policy is to value the NCI at FV at the date of acquisition. For this purpose a share price of $3.50 each is representative of the FV of the shares in Square held by the NCI at the acquisitiondate.

(iii)Consolidated goodwill has not beenimpaired.

Required

Prepare extracts from Pyramid's consolidated statement of financial position as at 30September 20X4for:

(a)Consolidatedgoodwill

(b)Property, plant andequipment

(c)Equity (share capital andreserves)

(d)Non-controllinginterests