Required:
Prepare the Consolidated statement of the financial position of the SSA Foods Ltd Group as at 30 June 2022. Comparative amounts are not required.
 
 
 
 

SSA Foods Ltd is a public company listed on the JSE Limited in South Africa. The company is Africa's leading fast-food restaurant franchisor. To expand their business, SSA Foods Ltd purchased an 85% shareholding in FlameGrilled Ltd on 1 July 2021. Each share entitles the shareholder to one vote. FlameGrilled Ltd is a franchised fast- food restaurant specialising in flamed-grilled meals. FlameGrilled Ltd's restaurants are located all over South Africa. From 1 July 2021, SSA Foods Ltd had control of FlameGrilled Ltd in accordance with IFRS 10 Consolidated Financial Statements. Both companies have a 30 June year-end. As of 30 June 2022, the following trial balances are presented to you (you may assume that the amounts are correct, except where otherwise indicated in the information below).