Prepare consolidated statement of financial position for Baldock plc and its subsidiary undertaking at 31 December 2017

Baldock plc acquired 75% of the issued share capital of Maulden Ltd on 1 January 2017 for 93,500. At that date, Maulden Ltd had issued share capital of 60,000 and retained earnings of 24,000. Extracts from the statements of financial position for the 2 companies one year later at 31 December 2017 are as follows: Baldock plc Maulden Ltd Assets: Investment in Maulden Non-current assets Current assets Total assets Equity Share capital Retained earnings Total equity: Current liabilities Total equity and liabilities 93,500 131,500144,000 57,000 282,000 254,400 110,400 50,000 200.000 132,000 250,000 192,000 32.00062.400 282,000 254,400 60,000 Additional data: Included within the current assets of Baldock plc and in the current liabilities of Maulden Ltd is an inter company transaction for 3,000 that took place in early November 2017. . Baldock plc has decided non-controlling interest will be valued at their proportionate share of net assets