consol profit and loss account past exam june 2006

Cher Mike,

sorry, i have a question in regards to thé above and to the Asset held for sale.
the inv was acquired on 1.12.2005 at a cost of 192
% of interest is 60%
the fair value of the asset acquired is 310
the asset meets the definition on 31.5.2006 with a fv of 344 less cost to sell of 5
i dont understand why the asset is recognised on 31.5.2006 for 310

could you please help me

thanks a lot