Tulip Co acquired 80% of the share capital of Daffodil Co on 1 June 2015. The summarised draft statements of profit or loss for Tulip Co and Daffodil Co for the year ended 31 May 2016 are shown below:

	Tulip Co	Daffodil Co
	'000	'000
Sales revenue	8,400	3,200
Cost of sales	(4,600)	(1,700)
Gross profit	3,800	1,500
Operating expenses	(2,200)	(960)
Profit before tax	1,600	540
Taxation	(600)	(140)
Profit for the year	1,000	400

During the year Tulip Co sold goods costing 1,000,000 to Daffodil Co for 1,500,000. At 31 May 2016, 30% of these goods remained in Daffodil Cos inventory.

Required:

Prepare the Tulip group consolidated statement of profit or loss for the year ended 31 May 2016 by writing the appropriate numbers in the blanks.

TULIP GROUP CONSOLIDATED STATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED 31 MAY 2016

	'000
Sales revenue
Cost of sales
Gross profit
Operating expenses
Profit before tax
Taxation
Profit for the year
Attributable to:
Owners of the parent
Non-controlling interest