Question: Please help me i will give good rating, please Given below are the financial statements for the year ended 31 December 2021 for Bumi Bhd.,

Please help me i will give good rating, please

Please help me i will give good rating, please Given below are

the financial statements for the year ended 31 December 2021 for Bumi

Bhd., Sun Bhd. and Moon Bhd.: (a) Statements of profit or loss

Given below are the financial statements for the year ended 31 December 2021 for Bumi Bhd., Sun Bhd. and Moon Bhd.: (a) Statements of profit or loss for the year ended 31 December 2021 Bumi Bhd. Bulan Bhd. Bintang Bhd. (RM) (RM) (RM) Sales 225,000 120,000 82,500 Cost of sales 67,500 60,000 30,000 Gross profit 157,500 60,000 52,500 Operating expenses 70,500 37,500 30,000 Dividends received 10,500 Profit before taxation 97,500 22,500 22,500 Taxation 22,500 5,250 6,000 Profit after taxation 75,000 17,250 16,500 Dividends paid 30,000 7,500 6,000 (6) ( Statements of financial position as at 31 December 2021 Bumi Bhd. Bulan Bhd. Bintang Bhd. (RM) (RM) (RM) Non-current assets Plant, property and equipment 90,000 82,500 59,250 Investment in Bulan Bhd. 90,000 Investment in Bintang Bhd. 30.000 45,000 52,500 27,000 27,000 Current assets Inventories Trade receivables Amount due from Bulan Amount due from Bintang Bank balances 105,000 98,250 11.250 2.250 17,250 444,000 5,250 185,250 4,500 117,750 Equity Share capital General reserves Retained profits 187,500 22,500 112,500 45,000 15,000 90,000 37,500 9,000 37,500 Current liabilities Trade payables Taxation payable Amount due to Bumi 99,000 22,500 18,750 5,250 11,250 185,250 25,500 6,000 2,250 117,750 444,000 Additional information: (1) Bumi Bhd. acquired 80% of the shares in Bulan Bhd. on 1 January 2019 when the balance on the retained profit of Bulan Bhd. was RM45,000 and the balance on the general reserve of Bulan Bhd. was RM12,000. Bumi Bhd. also acquired 75% of the shares in Bintang Bhd. on 1 January 2020 when the balance on Bintang Bhd.'s retained profit was RM22,500 and the general reserve was RM6,000. (111) During the year, Bulan Bhd. sold Bumi Bhd. goods for RM12,000 at cost plus 25%. 50% of these goods were still in inventory at the end of the year. Required: Prepare the consolidated financial statements of Bumi Bhd. and its group for the year ended 31 December 2021

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