Goodwill Investment in associate Net current assets 1930 620 70 5,165 1850 S40 20 4,035 Called up share capital Retained profits Revaluation surplus Non-controlling interest 1,500 1.755 750 4,005 310 4,315 700 150 5,165 1,500 1.110 500 3,110 320 3.430 500 105 4,035 Non-current liabilities Deferred taxation During the year, Sunsweet acquired 80% of the equity share capital of Pearl paying cash consideration of RM1.5 million. The NCI holding was measured at its fair value of RM340,000 at the date of acquisition. The fair value of Pearl's net assets at acquisition was made up as follows: Tangible non current assets Inventory Trade receivables Cash and cash equivalents Trade payables Taxation (including deferred taxation) RM 000 1280 150 240 80 -220 -40 1490 Depreciation of RM385,000 was charged during the year. Plant with a carrying amount of RM250,000 was sold for RM275,000. The gain on disposal was recognised in operating expenses. Certain properties were revalued during the year resulting in a revaluation gain of RM250,000 being recognized in other comprehensive income. Net current assets at the beginning and end of the year were as follows: 2020 2019 RM 000 RM 000 Inventory Trade receivables Cash and cash equivalents Trade payables Tax Payable 470 390 210 600 400 435 330 140 52s 360 20 70 The sale of goods consists of the followings: RM 000 Rice 1,350 Fruits 585 150 Vegetables Fisheries 5 a. Critically construct and evaluate the consolidated statement of cash flows for Sunsweet Bhd for the year ended 31 December 2020 using the indirect method under IAS 7. (30 marks)

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