Non-current assets in the consolidated statement of financial position

Below are the summarised draft financial statements of Push and Shove: Statement of profit or loss for the year ended 30 September 20X8 (extract) Push Shove $000 $000 Revenue 85,000 42,000 Less: Cost of sales 63,000 32,000 ––––––– –––––– Gross profit 22,000 10,000 Less: Distribution and admin expenses 12,000 4,500 Less: Finance costs 600 400 ––––––– ––––––– Profit before tax 9,400 5,100 Less: Income tax expense 2,162 1,000 ––––––– ––––––– Profit for the year 7,238 4,100 Statements of financial position as at 30 September 20X8 Push Shove $000 $000 Assets Non?current assets Property, plant and equipment 40,600 22,600 Current assets 16,000 6,600 ––––––– ––––––– Total assets 56,600 29,200 ––––––– ––––––– Equity and liabilities Equity shares of $1 each 10,000 4,000 Retained earnings 35,400 16,500 ––––––– ––––––– 45,400 20,500 Non?current liabilities: 10% loan notes 3,000 4,000 Current liabilities 8,200 4,700 ––––––– ––––––– Total equity and liabilities 56,600 29,200 The following information is relevant to the preparation of the consolidated financial statements of Push for the year ended 30 September 20X8: (i) On 1 October 20X7, Push acquired 60% of the equity share capital of Shove in a share exchange of five shares in Push for six shares in Shove. The issue of shares has not yet been recorded by Push. At the date of acquisition shares in Push had a fair value of $6 each. (ii) At the date of acquisition, the fair values of Shove’s net assets were approximately equal to their carrying amounts. (iii) Push has a policy of accounting for any non?controlling interest at fair value. The fair value of a $1 share in Shove at the date of acquisition was $3.50. Consolidated goodwill was not impaired at 30 September 20X8. (iv) Sales by Shove to Push during the year ended 30 September 20X8 were $6 million. Shove made a mark?up on cost of 20% on these sales. One quarter of these goods remained in the inventory of Push at the year?end. (v) At 30 September 20X8, Shove had a receivable due from Push of $1 million. This agreed with the amount payable to Shove in Push’s financial statements. I got all other questions right except this one below: Calculate the following figures for inclusion in the consolidated statement of financial position: $000 (i) Non-current assets I think the figure of non-current assets included in the consolidated statement of financial position in this case is 40,600 + 22,600 + 1,200 = 64,400 where 1,200 should be add up as goodwill. But the answer is 40,600 + 22,600. Could you tell me why they exclude goodwill here? Thanks in advance!