previously I uploaded the same incomplete question now this

previously I uploaded the same incomplete question, now this is the complete info. ifrs 2 share based payment

Calculate the expense for each year Prepare the extract of the statement of financial position at the end of each year, assuming all the options were exercised on 1 February x5 a. 4. On 1 January xl. Raj Bhd granted 2000 share options to its 100 The par value of one ordinary share of Raj Bhd was RM5. The share option would vest at the end of year x3 on condition the employees remained in service till end of year x4. The option could be exercised till end of year 72 MFRS 2 CHAPTER lso RM2. Raj Bhd was unable to estimate reliably the fair value of the options granted. x6. The exercise price was RM12 and on the grant date the share price was At the end of year x1, five employees left their employment and the vees would leave by the end of year x4, At the end of year x2, another five employees left and company estimated another 10 would leave in year x3. In year x3, four employees lelt the service and the company estimated another two would leave. In year x4, no employee left the company Raj Bhd\'s share price for years x1-x6 and the number of options exercised (assume exercised at year-end) are given below: Number of employees who exercised the options at year-end Share price at year-end RM18 RM24 RM32 RM30 RM32 RM34 Year 0 0 0 0 60 The rest 2 3 4 Required a. Calculate the expense for each year b. Prepare an extract of the statement of financial position at the end of each year, assuming all the options were exercised on 1 February x5

Solution

Year Particulars Expense Equity in st. of Fin. pos.

X1 2000 share options*(RM18-RM12)*80*1/3 3,20,000 320000   

X2 2000 share options *(RM24- RM12)*70*2/3 - 3,20,000 8,00,000 1,120,000

X3 2000 share options*(RM32-RM12)*68*3/3 - 3,20,000-8,00,000 16,00,000 2,720,000

X4 2000 share options* (RM32-RM30) *68 2,72,000 2,448,000

X5 2000 share options* (RM 32-RM30)*60 2,40,000 2,688,000

X6 2000 share options * (RM 34- RM32)*68 2,72,000 2,960,000

Raj Bhd

Statement of Financial position(Extract)

As at 1st February X5

Equity Share Options RM 2,448,000