Bleu plc acquired 80% of the common shares of Verte plc on 1 January 20X0 and gained control. At that date the statements of financial position of the two companies were as follows:

Note: The fair values are the same as the book values.

Required:
Prepare a consolidated statement of financial position for Bleu plc as at 1 January 20X0.
Non-controlling interests are measured using method1.

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Bleu fm Verte fm ASSETS Non-current assets Property, plant and equipment Investment in Verte Current assets Total assets 120 150 210 108 468 105 225 Bleu Em Verte Em EQUITY AND LIABILITIES Capital and reserves Share capital Retained earnings 300 78 378 90 468 120 60 180 45 225 Current liabilities Total equity and liabilities