Required Briefly explain on the term Power as use in IFRS 10 (Consolidation of Financial Statements (b) The following information is related to Mwangokyo Ltd and its subsidiary for the year ended 31 December, 2021 Amounts in '000' Mwangokyo Ltd Ngokyoma Ltd Sales revenue 1,540,000 700,000 Cost of sales Gross profit Expenses 882,000 420,000 658,000 280,000 147,000 210,000 Dividends from S Ltd Profit before tax income tax expense profit after tax 33,600 544,600 70,000 91,000 14,000 453,600 56,000 Dividends paid 280,000 42,000 Retained profit 173,600 14,000 Retained profit brought forward 644,000 148,400 Retained profit carried 817,600 162,400 Forward You are further given the following information a) The issued share capital of Mwangokyo Ltd comprised of 5,000,000 ordinary shares TZS 1,400 whereas that of Ngokyoma Ltd comprised of 1,000,000 ordinary shares @ TZS 1,400 b) Mwangokyo Ltd acquired 80% of the issued share capital of Ngokyoma Ltd in 2017 when the retained profit in Ngokyoma Ltd was TZS 78,400,000 Required Prepare the Mwangokyo Ltd group consolidated income statement for the year ended 31st December, 2021 and show extract of statement of changes in equity