Paul, which operates in the retail sector, has one subsidiary, Saul. The following are the summarised Statement of financial position for Paul and Saul, as at 31 December 2015.

ASSETS of Paul $ Saul $ Non-current assets Property, plant and equipment 1040 560 Investments 690 80

1730 640

Current Assets Inventory 284 320 Trade receivables 190 176 Cash and bank 16 44 Total assets 2220 1180

EQUITY AND LIABILITIES Equity Shares of $1 1000 290 Share premium 200 Retained earnings 260 520

1460 810

Non-current liabilities 5% loans 360 40 Current liabilities Trade payables 400 330 Total equity and liabilities 2220 1180

The following information is also available: (i)On 1 January 2013 Paul acquired 232 million $1 shares in Saul (an 80% holding) for a cash payment of $510m. Saul retained earnings as at 1 January 2017 were $240m and Saul has not issued any additional shares since the acquisition by Paul. (ii)At the acquisition date Saul owned a property carried at net book value of $78m. The fair value of this property at the date of acquisition was $98m and it had an estimated remaining life of 20 years. (iii)As at 31 December 2019 the fair value of the consolidated goodwill was reviewed and no impairment was found. (iv)The inventory of Saul includes goods supplied by Paul for $27m. Trio adds a markup of 35% on cost when selling goods to Saul.

Required: Prepare the Consolidated Statement of Financial Position for the Paul group as at 31 December 2019.