The following information is relevant: (viii) Orange Berhad acquired 70% of total ordinary shares in Apple Berhad on 1 November 2022. Apple Berhad did not issue any shares between the date of acquisition and the year end. (ix) Dividend paid during the year by Orange Berhad was RM38,000 meanwhile dividend paid by Apple Berhad was RM60,000. Orange Berhad accounts for pre-acquisition dividends by treating them as a deduction from the cost of the investment. Apple Berhad paid an ordinary dividend of RM0.60 per share on 1 December 2022. No dividends were proposed as at 31 December 2022. (x) The profit of Apple Berhad may be assumed to accrue evenly over the year. (xi) The property, plant and equipment of Apple Berhad had a net realisable value of RM400,000 at the date of acquisition. Their fair value was RM500,000. It has been decided that, as Apple Berhad was acquired so close to the year end, no depreciation adjustment will be made in the group accounts; the year end value will be taken as the carrying value of the property, plant and equipment in the accounts of Apple Berhad. (xii) The remaining assets and liabilities of Apple Berhad were all stated at their fair value as at 1 November 2022. (xiii) It is the group policy to value the non-controlling interest at full fair value. The goodwill attributable to the non-controlling interest at acquisition is valued at RM12,000. (xiv) There were no intercompany transactions during the year. Required: Prepare the consolidated statement of financial position and the consolidated income statement of the Orange Berhad for the year ended 31 December 2022. [40 marks

The statements of financial positions as at 31 December 2022 of Orange Berhad and its subsidiary company Apple Berhad are summarised below: Statemente of Comnrehencive Income for Yal Furled 31 Neremher 2022 The statements of financial positions as at 31 December 2022 of Orange Berhad and its subsidiary company Apple Berhad are summarised below: Statemente of Comnrehencive Income for Yal Furled 31 Neremher 2022