The statements of financial position of J Co and its investee companies, P Co and S Co, at 31 December 20X5 are shown below. STATEMENTS OF FINANCIAL POSITION AS AT 31 DECEMBER 20X5 J CO. P CO. S CO. $000 $000 $000 Assets Non-current assets Freehold property 1,950 1,250 500 Plant and equipment 795 375 285 Investments 1,500 – – 4,245 1,625 785 Current assets Inventories 575 300 265 Trade receivables 330 290 370 Cash 50 120 2 955 710 65 5,200 2,335 1,440 Equity and liabilities Equity Share capital ($1 ordinary shares) 2,000 1,000 750 Retained earnings 1,460 885 39 3,460 1,885 1,140 Non-current liabilities 12% debentures 500 100 Current liabilities Bank overdraft 560 300 Trade payables 680 350 300 1240 350 300 5200 2335 1440 Additional information (a) J Co acquired 600,000 ordinary shares in P Co on 1 January 20X0 for $1,000,000 when the accumulated retained earnings of P Co were $200,000. (b) At the date of acquisition of P Co, the fair value of its freehold property was considered to be $400,000 greater than its value in P Co's statement of financial position. P Co had acquired the property in January 20W0 and the buildings element (comprising 50% of the total value) is depreciated on cost over 50 years. (c) J Co acquired 225,000 ordinary shares in S Co on 1 January 20X4 for $500,000 when the retained profits of S Co were $150,000. d) P Co manufactures a component used by J Co only. Transfers are made by P Co at cost plus 25%. J Co held $100,000 of these components in inventories at 31 December 20X5. (e) It is the policy of J Co to review goodwill for impairment annually. The goodwill in P Co was written off in full some years ago. An impairment test conducted at the year end revealed impairment losses on the investment in S Co of $92,000. (f) It is the group's policy to value the non-controlling interest at acquisition at fair value. The market price of the shares of the non-controlling shareholders just before the acquisition was $1.65. Required Prepare, in a format suitable for inclusion in the annual report of the J Group, the consolidated statement of financial position at 31 December 20X5.