The following are the financial statements of the parent company Alpha plc, a subsidiary company Beta and an associate company Gamma.

On 1 January 20X5 Alpha plc acquired 80% of Beta plc for £216,000 when Beta plc€™s share capital and reserves were £81,000 and 30% of Gamma Ltd for £156,600 when Gamma Ltd€™s share capital and reserves were £40,500. The fair value of the land at the date of acquisition was £337,500 in Beta plc and £270,000 in Gamma Ltd. Both companies have kept land at cost in their statement of financial position. All other assets are recorded at fair value. There have been no further share issues or purchases of land since the date of acquisition.
At the year end, Alpha plc has inventor y acquired from Beta plc and Gamma Ltd. Beta plc had invoiced the inventor y to Alpha plc for £54,000 €“ the cost to Beta plc had been £40,500 and Gamma Ltd had invoiced Alpha plc for £13,500 €“ the cost to Gamma Ltd had been £8,100. Goodwill has been impaired by £52,650. The whole of the impairment relates to Beta.
Non-controlling interests are measured using method 1.

Required:
Prepare Alpha plc€™s consolidated statement of financial position as at31.12.20X9.

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Statements of financial position as at 3l December 20X9 Alpha Beta Gamma ASSETS Non-current assets Land at cost Investment in Beta Investment in Gamma Current assets Inventories Trade receivables Dividend receivable from Beta Current account Beta Current account Gamma Cash Total current assets Total assets 540,000 256,500 202,500 216,000 156,600 135,000 91,800 62,000 08,000 12,420 0,800 3,500 237,600 544,320 54,000 72,900 62,100 89,000 445,500 67,500 294,300 496,800 1.456,920DO EQUITY AND LIABILITIES El shares Retained earnings 540,000 769,500 ,309,500 3 67,500 329,400 27,000 391,500 96,900 418,500 Current liabilities Trade payables Dividends payable Current account - Alpha Total equity and liabilities 24,300 3,500 0,800 445,500 93,420 54,000 59,400 5,400 13,500 496,800 1,456,920