On 1 October 20x4, Perdana Bhd acquired 70% of the equity interests of Sahabat Bhd. The purchase consideration comprised 20 million shares of RM1 of Perdana Bhd at the acquisition date and 5 million shares on 31 March 20x6 if Sahabat Bhd's net profit after taxation was at least RM4 million for the year ending on that date. The market price of Perdana Bhd's shares on 1 October 20x4 was RM2 per share and that of Sahabat Bhd was RM4.20 per share. It is felt that there is a 20% chance of the profit target being met. Perdana Bhd wishes to measure the non-controlling interest at fair value at the date of acquisition. At acquisition, the fair value of the non-controlling interest (NCI) in Sahabat Bhd was based upon quoted market prices. On 1 October 20x4, the fair value of the identifiable net assets acquired was RM48 million and retained earnings of Sahabat Bhd were RM18 million and other components of equity were RM3 million. The excess in fair value is due to non-depreciable land. The share capital of Sahabat Bhd remains at RM13 million of RM1 each since date of acquisition. No entries had been made in the financial statements of Perdana Bhd for the acquisition of Sahabat Bhd. The group financial year end was 31 March 20x5. What should be appears as goodwill in the Consolidated SOFP as at 31 March 20x5? A - RM20.38 million B - RM4 million C - RM24.38 million D - RM10.38 million