The following information is also relevant:

• Caddis acquired 1,600,000 shares in Black on 1 October 2021 paying 4 per share.

• The internally generated brand name was valued at 800,000 by the directors of Black on 30 September 2022.

• The inventory of Caddis includes goods bought at a transfer price of 100,000 purchased from Black since the acquisition. All transfers were marked up by 25%.

• The receivables of Caddis include an amount owing from Black of 300,000. This does not agree with the corresponding amount in the books of Black due to a cash payment of 50,000 made on 30 September 2022 which had not been received by Caddis at the year-end

• It is group policy to value the non-controlling interest using the fair value at the date of acquisition. At the date of acquisition the fair value of non-controlling interest in Black was 190,000

• As of 30^th of September 2022 there is no need to impair goodwill.

Required:

Prepare the consolidated statement of financial position for the Caddis Group as at 30 September 2022.

The summarised statements of financial position of Caddis and Black at 30 September 2022 ara chnwn halnw. PLEASE TURN OVER