The draft accounts of H Ltd, S Ltd and A Ltd for the year ended 31^st December 2019 are given as under:

	H Ltd Sh.000	S Ltd Sh.000	A Ltd Sh.000
Turnover Cost of sales Gross profit Administrative and selling expenses Dividends: S Ltd A Ltd Profit before tax Taxation Profit after tax Dividends proposed Retained profit Profit and loss b/f Retained profit c/f	10 000 ( 4 000) 6 000 (2 500) 3 500 600 90 4 190 1 500 2 690 1 000 1 960 4 000 5 690	5 000 ( 2 000) 3 000 ( 1 000) 2 000 2 000 800 1 200 750 450 3 000 3 450	2 500 ( 1 000) 1 500 ( 700) 800 800 320 480 300 180 1 500 1 680

Balance Sheets

	H Ltd Sh.000	S Ltd Sh.000	A Ltd Sh.000
Fixed assets: Tangible Investments: S Ltd A Ltd Current assets: Stock Debtors Dividends receivable Cash at bank Current liabilities: Creditors Proposed dividends Share capital: Ordinary shares of Sh 20 each Profit and loss account	5 000 4 000 500 9 500 1 200 2 500 690 1 500 (2 700) ( 1 000) 11 690 6 000 5 690 11 690	4 500 4 500 1 700 1 500 630 ( 1 130) ( 750) 6 450 3 000 3 450 6 450	3 000 3 000 300 400 100 ( 820) ( 300) 2 680 1 000 1 680 2 680

Additional information:

1. H Ltd holds shares of S Ltd and A Ltd at the percentage of 80% and 30% respectively
2. The reserves of S Ltd and A Ltd were Sh.2 000 000 and Sh. 500 000 at the time of acquisition

Required:

1. Consolidated statement of financial position
2. Consolidated income statement