Abc limited holding company, owns 93% of shares in xyz

ABC Limited Holding company, owns 93% of shares in XYZ, registered im 01.01.2022
XYZ LLC Subsidiary of ABC Limited, registered on 01.01.2022

In the tabs ABC and XYZ you see the standalone trial balances for the years 2022 and 2023 for both companies in local currency EUR

Task 1. Please prepare standalone financial reporting in the reporting currency (USD). For PL please use the average annual rate.
1,1326 Rate as of 01.01.2022 = 1.1326
1,0666 Rate as of 31.12.2022 = 1.0666
1,105 Rate as of 31.12.2023 = 1.1050
1,0996 Average rate for the year 2022 = 1.0996
1,0858 Average rate for the year 2023 = 1.0858

Task 2. Please prepare a consolidated BS as of 31.12.2022 and 31.12.2023 and consolidated PL for the years 2022 and 2023