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Summarized statements of changes in equity for the year ended 31 March 20X8 for AY and its only subsidiary, BZ, are shown below: AY BZ

Summarized statements of changes in equity for the year ended 31 March 20X8 for AY and its only subsidiary, BZ, are shown below: AY BZ $'000 $'000 Balance at 1 April 20X7 662,300 143,700 Profit for the year 81,700 22,000 Dividends (18,000) (6,000) Balance at 31 March 20X8 726,000 159,700 Notes AY acquired 80% of the issued share capital of BZ on 1 April 20X5, when BZ's total equity was $107.7 million. AY elected to measure non-controlling interests in BZ at acquisition at the proportionate share of the fair value of the net assets. There has been no impairment of goodwill since acquisition. What is the equity attributable to the owners of the parent as at 1 April 20X7 for inclusion in the consolidated statement of changes in equity of the AY group for the year ended 31 March 20X8? Give your answer to the nearest $'000

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