George plc adopted IFRS for the first time on 1 January 2008 and has three different instruments whose accounting George is concerned will change as a result of the adoption of the standard. The three instruments are:
1. An investment in 15% of the ordinary shares of Joshua Ltd, a private company. This investment cost €50,000, but had a fair value of €60,000 on 1 January 2008, €70,000 on 31 December 2008 and €65,000 on 31 December 2009.
2. An investment of €40,000 in 6% debentures. The debentures were acquired at their face value of €40,000 on 1 July 2007 and pay interest half yearly in arrears on 31 December and 30 June each year. The bonds have a fair value of €41,000 at 1 January 2008, €43,000 at 31 December 2008 and €38,000 at 31 December 2009.
3. An interest rate swap taken out to swap floating rate interest on an outstanding loan to fixed rate interest. Since taking out the swap the loan has been repaid, however, George plc decided to retain the swap as it was ‘in the money’ at 1 January 2008. The fair value of the swap was a €10,000 asset on 1 January 2008, however, it became a liability of €5,000 by 31 December 2008 and the liability increased to €20,000 by 31 December 2009. In 2008 George paid €1,000 to the counterparty to the swap and in 2009 paid €5,000 to the counterparty.

Required:
Show the amount that would be recognised for all three instruments in the statement of financial position, in profit and loss and in other comprehensive income on the following assumptions:
(i) Equity and debt investments are available for sale.
(ii) Where possible, investments are treated as held to maturity.
(iii) Where equity investments are treated as fair value through profit and loss and debt investments are treated as loans and receivables.