The consolidated accounts of Taiping Bhd for the year ended 31 December 2019 were as follows. Group Statement of Financial Position for the years ended 31 December 2019 2019 2018 RM RM Fixed Assets (Net Book Value) 850,000 670.000 Associated companies 262,000 Other Investments 50,000 50.000 Goodwill on consolidation 70,000 Current Assets Finished Goods Stocks 128,000 120.000 Trade Debtors 200.000 120.000 Bank 85.000 60.000 1,575.000 1.090.000 Equity & Long Term Liabilities Ordinary shares of RM1 each 670.000 440.000 Revaluation Reserve 40.000 40.000 Long term bank loan 150,000 94,000 Retained profits 400,000 206,000 1,260,000 780.000 Non-Controlling Interest 120,000 Current Liabilities Other Payables 70.000 80.000 Proposed Dividend 90,000 80,000 Tax Payable 15,000 10.000 Trade Creditors 140.000 20.000 1,575,000 1,090,000Consolidated Statement of Comprehensive Income for the year ended 31 December 2019 RM Turnover 700.000 Cost of Sales (320,000) 380.000 Selling & Marketing Expenses (40,000) Adminstration expenses (90,000) Finance costs (30.000) Operating profit 220.000 Share of profits of associated companies 20.000 Profit before tax 240.000 Tax (70,000) Profit after tax 170.000 Profit after tax attributable to: Equity holders of parent 126.000 Non-Controlling Interest 44.000 170.000