Q3. The statements of financial positions as at 31 December 2019 of New Sdn Bhd and its subsidiary Only Sdn Bhd are summarised below: (Penyata Kedudukan Kewangan pada 31 Disember 2019 bagi New Sdn Bhd dan subsidiarinya Only Sdn Bhd adalah diringkaskan seperti di bawah:) New Sdn Bhd RM RM Only Sdn Bhd RM RM 2.000 ASSETS (ASET) Non-current assets (Aset bukan semasa) Intangible assets (Aset tak nyata) Property, plant and equipment (Hartanah, loji dan peralatan) Investment in Only Sdn Bhd (Pelaburan dalam Only Sdn Bhd) 29,000 24,800 21.000 50,000 26,800 18,000 Current assets (Aset semasa) Inventories (Inventori) 12,000 Trade receivables (Penghutang niaga) 24,750 Trading account with Only Sdn Bhd (Akaun Niaga dengan Only Sdn Bhd) 4,000 21,000 -6- DDWW3153 250 Interest receivable from Only Sdn Bhd (Faedah belum terima daripada Only Sdn Bhd) Bank 20,000 39,000 61,000 111,000 65,800 EQUITY AND LIABILITIES (EKUITI DAN LIABILITI) Equity (Ekulti) Ordinary shares of RM1 each (Saham biasa RM1 setiap satu) Retained earnings (Pendapatan tertahan) 40,000 8.000 21,000 61,000 11,000 19,000 30,000 20,000 Non-current liabilities (Liabiliti bukan semasa) Borrowings (Pinjaman) Current liabilities (Liabilit semasa) Trade payables (Pemiutang niaga) Interest payable (Faedah belum 20,000 18,300 bayar) 500 Current account with New Sdn Bhd (Akaun semasa dengan New Sdn Bhd) Bank overdraft (Overdraf bank) 2,000 6,000 26,800 65,800 111,000 1. New Sdn Bhd acquired 6,000 ordinary shares in Only Sdn Bhd on 1 January 2016. The price paid was RM11,000. The balance on Only Sdn Bhd's retained earnings at the date of acquisition by New Sdn Bhd was RM5,000. This included an intangible asset of RM1,000 (see note 4 below). Goodwill on consolidation is retained at cost in the group statement of financial position. There has been no evidence of impairment since acquisition. New Sdn Bhd made a long-term loan of RM10,000 to Only Sdn Bhd on the same date. (New Sdn Bhd membeli 6,000 saham biasa dalam Only Sdn Bhd pada 1 Januari 2016. Harga yang telah dibayar adalah RM11,000. Baki pendapatan tertahan Only Sdn Bhd pada tarikh pembelian oleh New Sdn Bhd adalah RM5,000. Ini termasuk aset tak nyata RM1,000 (lihat nota 4 di bawah). Muhibah akibat gabungan akan dikekalkan pada kos dalam penyata kedudukan kewangan kumpulan. Tiada bukti penyusutan nilai sejak dari pembelian.) 2. On 31 December 2019 there was cash in transit from Only Sdn Bhd to New Sdn Bhd of RM2,000. (Pada 31 Disember 2019, wujud tunai dalam perjalanan daripada Only Sdn Bhd kepada New Sdn Bhd sebanyak RM2,000.) 3. On 31 December 2019 the inventory of Only Sdn Bhd included RM4,800 of goods purchased from New Sdn Bhd. New Sdn Bhd had invoiced these goods at cost plus 25%. (Pada 31 Disember 2019 inventori Only Sdn Bhd termasuk RM4,800 barang yang telah dibeli daripada New Sdn Bhd. New Sdn Bhd telah menginvois barangan ini pada kos tambah 25%.) 4. The intangible asset of Only Sdn Bhd does not satisfy the recognition criteria laid down in accounting standard. (Aset tak nyata Only Sdn Bhd tidak memenuhi kriteria pengiktirafan berdasarkan piawaian perakaunan.) 5. It is the group's policy to value non-controlling interests at its proportionate share of the fair value of the subsidiary's identifiable net assets. (lanya adalah polisi bagi kumpulan untuk menilai kepentingan 'non-controlling' dengan melihat pada pecahan perkongsian aset bersih subsidiari pada nilai tara.) Required: (Dikehendaki:) Prepare a consolidated statement of financial position for the New Sdn Bhd group as at 31 December 2018. (Sediakan gabungan penyata kedudukan kewangan bagi kumpulan New Sdn Bhd pada 31 Disember 2018.) (25 m)