The summarised draft statements of financial position of Hay plc and Ewe Limited at 31 December 2015 are presented below.

	Hay plc	Ewe Limited
	'000	'000
ASSETS
Non-current Assets
Property, plant and equipment	20,900	11,500
Investment in Ewe Limited	12,750	-
	33,650	11,500
Current Assets
Inventory	10,900	6,500
Trade receivables	4,200	2,500
Total assets	48,750	20,500
EQUITY AND LIABILITIES
1 ordinary shares	11,000	4,000
Share premium	7,500	-
Retained earnings at 31 December 2014	7,000	6,000
Profit for the year ended 31 December 2015	9,250	2,900
	34,750	12,900
Non-currentLiabilities	6,000	2,300
Current Liabilities	8,000	5,300
Total equity and liabilities	48,750	20,500

Additional Information

1. On 1 January 2015, Hay plc acquired 3,000,000 1 ordinary shares in Ewe Limited by exchanging one share in Hay plc for every two shares in Ewe Limited plus 1.25 per acquired Ewe Limited share in cash. The market price of each Hay plc share at the date of acquisition was 6, and the market price of each Ewe Limited share at the date of acquisition was 3.25.

1. Hay plc has a policy of valuing non-controlling interests at fair value at the date of acquisition. For this purpose, the share price of Ewe Limited at this date should be used. Impairment tests on 31 December 2015 concluded that goodwill had not been impaired.

1. On 1 January 2015, Hay plc sold an item of plant to Ewe Limited at its agreed fair value of 5,000,000. Its carrying amount prior to the sale was 4,000,000. The estimated remaining life of the plant at the date of sale was four years.

1. During the year ended 31 December 2015, Ewe Limited sold goods to Hay plc for 5,400,000. Ewe Limited had marked up these goods by 50% on cost. Hay plc had a third of the goods still in its inventory at 31 December 2015. There were no intra-group payables/receivables at 31 December 2015.

Requirement

Prepare the consolidated statement of financial position for Hay plc as at 31 December 2015.