Statement of financial position asat 31 March 2023
PC plc TV plc
Non-Current Assets:
Land 2500 2000
Plant & Equipment 8500 5200
Investment 4000
Goodwill
Current Assets:
Inventory 1100 200
Receivables 1200 1400
Bank 3500 2000
Total Assets 20800 10800

Equity & Liabilities:
Share Capital 5000 2200
Non- Controlling interest
Retained Earnings 2300 2800
Long-term Liabilities:
Ball Loan 7000 4000
Current Liabilities:
Trade Payables 6500 1800
Total equity % Liabilities 20800 10800

Prepare the consolidated financial statements for PC PLC and its subsidiary, TV PLC for the year ended 31 March 2023 in accordance with International Financial Reporting Standards. For your support the complicated calculation of Goodwill and Non-controlling interest has already been calculated goodwill is 250 and Non-controlling interest is 1513 you can just add it exactly in the consolidated calculation. You are required to adjust the investment, share capital, and retained earnings only.