The statements of financial position of three companies are as follows:

                                                                        Unicycle        Bicycle          Tricycle

                                                                        GHS,000        GHS’000        GHS’000

Investment in Bicycle                                  400

Investment in Tricycle                                   50                 300

Assets                                                            220                 340                 460

                                                                        670                 640                 460

Share capital (GHS1)                                  300                 200                 200

Retained earnings                                       130                 250                 120

Equity                                                             430                 450                 320

Liabilities                                                       240                 190                 140

                                                                        670                 640                 460

Additional information 

• Three years ago Unicycle acquired 150,000 shares in Bicycle for consideration GHS400,000.
• Two years ago Bicycle acquired 160,000 shares in Tricycle for consideration of GHS300,000.
• One year ago Unicycle acquired 10,000 shares in Tricycle for consideration of GHS50,000.
• At the date of acquisition the carrying values of the assets and liabilities were the same as the fair values, with the exception of Bicycle’s inventory that had a fair value in excess of its carrying value of GHS10,000. This inventory was sold shortly after acquisition.
• Details of the fair values of the net assets and the fair value of the effective NCI are as follows:
• Bicycle                                              Net assets                            NCI
•                                                             GHS’000                                GHS’000 
• One year ago                                      400                                           75
• Two years ago                                    330                                           60
• Three years ago                                 300                                           50
• Tricycle                                             Net assets                            NCI
•                                                             GHS’000                                GHS’000
• One year ago                                      275                                         160
• Two years ago                                    250                                         110
• Three years ago                                 240                                           90
•  
• Unicycle has a policy of always calculating goodwill in full. The impairment reviews reveal no impairment losses are to be recorded. No shares have been issued since the date of acquisition.
• At the year-end Bicycle has a financial asset of GHS20,000 that is a receivable from Unicycle. This is recorded by Unicycle as a financial liability at GHS20,000.

Required:

Prepare the consolidated statement of financial position of Unicycle.