1. Pra Ltd, a public limited liability company in Ghana, operates in the manufacturing sector. Pra Ltd has investments in two other Ghanaian companies. The draft statement of financial position as at 31 March 2018 are as follows:

Assets: Non Current Asset	Pra GHmillion	Bosomtwe GHmillion	Ayensu GHmillion
Property, Plants and Equipment	720.00	550.00	650.00
Investment in Subsidiaries
Bosomtwe Ltd	625.00
Ayensu Ltd	155.00	635.00
Financial Assets	160.00	10.50	70.50
	1660.00	1195.50	720.50
Current Assets	447.50	340.50	75.00
Total Asset	2107.50	1536.00	795.50
Equity and Liability
Stated Capital	875.00	605.00	400.00
Retained Earnings	620.00	465.00	175.00
Other component of Equity	62.50	40.00	47.50
Total Equity	1557.50	1110.00	622.50
Non-current Liabilities	492.50	382.50	75.00
Current Liabilities	57.50	43.50	98.00
Total Liabilities	550.00	426.00	173.00
Total Equity and Liabilities	2107.50	1536.00	795.50

Additional information:

i) On 1 April 2016, Pra Ltd acquired 14% of the equity interest of Ayensu Ltd for a cash consideration of GH130 million and Bosomtwe Ltd acquired 70% of the equity interest of Ayensu Ltd for a cash consideration of GH635 million. At 1 April 2016, the identifiable net assets of Ayensu Ltd had a fair value of GH495 million, retained earnings were GH95 million and other components of equity were GH26 million. At 1 April 2017, the identifiable net assets of Ayensu Ltd had a fair value of GH575 million, retained earnings were GH120 million and other components of equity were GH35 million. The excess in fair value is due to non-depreciable land. The fair value of the 14% holding of Pra Ltd in Ayensu Ltd, which was classified as fair value through profit or loss, was GH140 million at 31 March 2017 and GH155 million at 31 March 2018. However, the fair value of Bosomtwe Ltds interest in Ayensu Ltd had not changed since acquisition.

ii) On 1 April 2017, PraLtd acquired 60% of the equity interests of Bosomtwe Ltd, a public limited liability company in Ghana. The cost of investment comprised cash of GH625 million. On 1 April 2017, the fair value of the identifiable net assets acquired was GH975 million and retained earnings of Bosomtwe Ltd were GH325 million and other component of equity were GH27.5 million. The excess in fair value is due to non-depreciable land. It is the groups policy to measure the non-controlling interest at acquisition at its proportionate share of the fair value of the subsidiarys net assets.

Required:

Prepare the group consolidated statement of financial position of PraLtd as at 31 March 2018. (20marks)