River plc acquired 90% of the common shares and 10% of the 5% bonds in Pool Ltd on 31 March 20X1. All income and expenses are deemed to accrue evenly through the year. On 31 January 20X1 River sold Pool goods for £6,000 plus a markup of one-third. 75% of these goods were still in stock at the end of the year. There was a goodwill impairment loss of £4,000. On 31/12/20X1 River increased its non-current assets by £15,000 on revaluation. Non-controlling interests are measured using Method 1. Set out below are the individual statements of comprehensive income of River and Pool:
Statements of comprehensive income for the year ended 31 December 20X1
Required:
Prepare a consolidated statement of comprehensive income for the year ended 31 December 20X1.
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