Oscar acquired $25\%$ of Tigger on $1$ January $2020$ for GHS$2,020,000$ when Tigger's reserves were standing at GHS$5,800,000.$ The fair value of Tigger's identifiable assets and liabilities at that date was GHS$7,200,000.$ Both Oscar and Tigger are stock market listed entities.At $31$ December $2020,$ the fair value of Oscar's $25\%$ stake in Tigger was GHS$2,440,000.$ A further $35\%$ stake in Tigger was acquired on $30$ September $2021$ for GHS$4,025,000($equivalent to the fair value of GHS$14\mathrm{.}375$ per share acquired on that date$)$ giving Oscar control over Tigger. The fair value of Tigger's identifiable assets and liabilities at that date was GHS$9,400,000,$ and Tigger's reserves stood at GHS$7,800,000.$For consistency with the measurement of other shares, Oscar holds all investments in subsidiaries and associates at fair value through other comprehensive income in its separate financial statements as permitted by IFRS $10$ Consolidated financial statements. At $31$ December $2021,$ the fair value of Oscar's $60\%$ holding in Tigger was GHS$7,020,000($and total cumulative gains recognised in other comprehensive income in Oscar's separate financial statements amounted to GHS$975,000).$Summarised statements of financial position of the two companies at $31$ December $2021$ show:Non$-$current assetsProperty, plant and equipment Investment in equity instrument $($Tigger$)$Current assetsEquityShare capital $($GHS$1$ shares$)$ ReservesLiabilitiesOscar TiggerGHS'$000$ GHS$\text{'}00038,6507,6007,02045,6707,60012,7002,20058,3709,80010,20080040,7207,90050,9208,7007,4501,10058,3709,800$SUMMARISED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE YEAR TO $31$ DECEMBER $2021$Profit before interest and taxFinance costsProfit before taxIncome tax expensePROFIT FOR THE YEAROther comprehensive income $($items that will not be reclassified to profitor loss$)$:Gain on property valuation, net of taxInvestment in equity instrument $($Tigger$)$Other comprehensive income for the year, net of tax TOTAL COMPREHENSIVE INCOME FOR THE YEAROscar TiggerGHS'$00$ GHS$\text{'}00001,280420(80)(20)1,200400(360)(80)84032024080555795801,635400$The difference between the fair value of the identifiable assets and liabilities of Tigger and their book value relates to the value of a plot of land. The land had not been sold by $31$ December $2021.$Income and expenses are assumed to accrue evenly over the year. Neither company paid dividends during the year.Oscar elected to measure non$-$controlling interests at the date of acquisition at fair value. No impairment losses on recognized goodwill have been necessary to date.RequiredPrepare the consolidated statement of profit or loss and other comprehensive income and statement of financial position of the Oscar Group as at $31$ December $2021$ in the following circumstances:$($a$)$ The $25\%$ interest in Tigger allowed Oscar significant influence over the financial and operating policy decisions of Tigger.