Baudvin Ltd has an equity investment that cost €1 million on 1 January 2008. The investment is classified as an available-for-sale investment. The value of the investment at each period-end is:
31 December 2008 ........................ € 950,000
31 December 2009 ........................ €1,030,000
31 December 2010 ........................ €1,080,000
Baudvin Ltd sold the investment for €1,100,000 on 31 March 2011.
Required:
Show what should be reflected for the investment in Baudvin Ltd's financial statements for each period from 31 December 2008 to 2011.