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Exhibited immediately below are the Statements of Financial Position of A plc, B Ltd and C

Ltd as at 31^st March 2021

	A Plc	B Ltd	C Ltd
	m	m	m
ASSETS
Non-current assets
Property Plant and Equipment	2173	1366	1167
Investment in B Ltd	1300
Investment in C Ltd	136	570	-
	3609	1936	1167
Current assets
Inventories	527	432	395
Trade receivables	433	404	387
Intercompany trading account with A Plc		48
Intercompany trading account with B Ltd			29
Intercompany trading account with C Ltd	62
Cash and Bank	14	6	4
	1036	890	815
TOTAL ASSETS	4645	2826	1982
EQUITY AND LIABILITIES
Equity
Ordinary Share Capital (all shares)	652	410	220
Capital Reserve	447	265	160
Retained earnings	1745	1375	840
Total Equity	2844	2050	1220
Non-current liabilities
Long-term borrowings	1278	360	447
Current liabilities
Trade and other payables	488	398	276
Intercompany trading account with A Plc			39
Intercompany trading account with B Ltd	35
Intercompany trading account with C Ltd	-	18	-
	523	416	315
TOTAL EQUITY AND LIABILITIES	4645	2826	1982

Other Information

1. A Plc purchased 328m shares in B Ltd on 1 April 2014, on which date the retained earnings of B Ltd stood at 530m and the capital reserve of B Ltd stood at 135m

2. On 1 April 2014 the fair value of the plant of B Ltd exceeded its book value by 400m. This plant had an estimated remaining useful life of 10 years at that date. This adjustment has not been reflected in the individual accounts of B Ltd, it should however be incorporated on consolidation

3. B Ltd owns 165m shares in C Ltd, and A Plc owns 22m shares in C Ltd. Both of these investments were acquired on 25^th August 2015 when the retained earnings of C Ltd stood at 330m and the capital reserve of C Ltd stood at 90m

4. It is the group accounting policy to value goodwill and non-controlling interest in full. The fair values of the effective non-controlling interests in B Ltd and C Ltd on the dates of acquisition were 300m and 220m respectively

5. The goodwill arising in respect of the acquisitions of B Ltd and C Ltd had been impaired by 80m and 50m respectively up to 31 March 2021

6. There had been no changes in the total issued share capital of A Plc, B Ltd or C Ltd for over 15 years

7. During the year A Plc sold goods costing 70m to B Ltd for 110m. A quarter of these goods were unsold by B Ltd as at 31 March 2021

8. Any differences in the intercompany trading accounts should be assumed to represent cash in transit as at the year end

Required

Prepare the Consolidated Statement of Financial Position of A Plc as at 31 March 2021

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