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Zanaco Statement of Financial Position (Extract)

	Group	Bank
	2019	2019	2018
ASSETS	K 000	K 000	K 000
Cash and balances with Central Bank	1,790,323	1,790,259	1,081,576
Balances with other banks	734,957	734,957	1,213,720
Trading assets	435,204	435,204	-
Investment securities	2,943,080	2,943,080	3,241,980
Derivative financial instruments	8,821	8,821	-
Loans and advances to customers	4,817,160	4,819,676	4,207,022
Other assets	454,140	449,386	344,595
Current tax assets	10,702	10,702	64,192
Amount due from related parties	-	5,759	-
Property and equipment	524,509	513,657	399,138
Intangible assets	19,368	16,763	10,084
Right-of-use assets	86,342	85,486	-
Deferred tax assets	60,683	60,683	51,760
Investment in subsidiaries	-	21,533	-
Total assets	11,885,289	11,895,966	10,614,067

INVESTMENTS IN SUBSIDIARIES
The principle subsidiaries of the Bank are as follows:
	Number of shares	Issued capital	Effective share holding	Value of Investment
		K000	%	K000
Digital Shared Services Limited	20,000	20000	100	18,527
Zanaco Sporting Club Limited	15,000	15000	100	3,006
All balances are current				21,533
		Cash	Non-cash	Total
		K000	K000	K000
Digital Shared Services Limited		10,898	7,629	18,527
Zanaco Sporting Club Limited		-	3,006	3,006
		10,898	10,635	21,533

Refer to the above information

a. Using your understanding of IFRS 10 consolidated Financial statement and of IFRS 3 business combination, explain why in 2019 under bank column there is a figure of K21, 533,000 for investment in subsidiary but not under group column. b. What other additional line items would you expect to see in the group income statement and the group statement of financial position if ZANACOs shareholding in Digital Shared Services Limited was 60% while that for Zanaco Sporting Club was 40%.

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