show all workings clearly. thank you!

Question 1 The summarised Statement of Profit and Loss of Callanan Plc, Maher Ltd and O' Dwyer Lid for the year ended 31 December 2016 are as follows: Statement of Profit and Loss for year ended 31 December 2016 Maher Ltd '000 8,770 (3,510) 5,260 O' Dwyer Ltd '000 3,150 (1,260) 1,890 Sales Costs of Sales Gross Profit Other Operating Income Other Operating Expenses Operating Profit Dividend Receivable Interest Payable and similar charges Profit before taxation Taxation Profit after tax Retained Profit at 31 December 2015 Callanan Ple '000 4,725 (1.890) 2,835 26 (1,415) 1,446 36 (345) 1,137 (378) 759 2,365 (850) 4,410 (945) 945 (590) 3,820 (1,289) 2,531 2,135 (230) 715 (255) 460 540 Retained Profit at 31 December 2016 3,124 4,666 1,000 2. The following information is also available: 1. Callanan Plc acquired an 80% of the ordinary shareholding and 45% of the 400,000 9% preference shares in Maher Ltd on 1 January 2016 and 35% of O'Dwyer Ltd on 1" July 2014 when their revenue reserves were 320,000 debit. Callanan Plc charges Maher Ltd a management fee of 10,000 per annum which it records as other operating income and Maher Ltd charge this fee to other operating expenses. 3. On 1 July 2016 Maher Ltd sold equipment and with a book value of 750,000 (cost 1,125,000) to Callanan Ple for 1,050,000. The remaining useful economic life of the equipment on l" July 2012 was 5 years. 4. The board of directors of Callanan Plc and Maher Ltd have approved an ordinary dividend of 75,000 and 45,000 respectively for the current year. Both companies have not yet accounted for these proposed dividends payable, however Callanan Plc has accounted for its dividend receivable from Maher Ltd. Requirement: Prepare the consolidated statement of profit and loss of the Callanan Group for the year ended 31 December 2016. Total 40 marks