Hyson plc acquired 75% of the shares in Green plc on 1 January 20X0 for £6 million when Green plc’s accumulated profits were £4.5 million. At acquisition, the fair values of Green’s non-current assets were £1.2 million in excess of their carrying value. The remaining life of these non-current assets is six years.The summarized statements of comprehensive income for the year ended 31.12.X0 were as follows:There were no inter-company transactions. Depreciation of non-current assets is charged to cost of sales.Required:Prepare a consolidated statement of comprehensive income for the year ended 31 December20X0.
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Hyson plc acquired 75 of the shares in Green plc

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