The following are the trial balances of H Ltd and S Ltd at $31$ December $2024.$

H Ltd

S Ltd

Non$-$current assets $($PPE$)$

$185000$

$85000$

Share Capital

$(200000)$

$(80000)$

Retained earnings $(01/01/2024)$

$(52200)$

$(30000)$

Investment in S Ltd$,$ at cost

$65000$

Deferred taxation

$(2000)$

$(1000)$

Long term liabilities

$(18000)$

$(4000)$

Current assets

$55200$

$49000$

Profit before tax

$(45000)$

$(25000)$

Taxation

$12000$

$6000$

Additional information:

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H Ltd acquired $60\%$ of the shares in S Ltd on $31$ December $2022$ when the retained earnings for S Ltd was R$20000.$

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S Ltd purchased all its inventories from H Ltd at cost price plus $25\%.$ The inventories on S Ltd$$s books amounted to R$3600$ at $31$ December $2023$ and R$10800$ at $31$ December $2024.$

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Assume that the cost price or carrying amount equals the current fair value.

Required:

Prepare the abbreviated consolidated Statement of Financial Position of H Ltd and its subsidiary.