DF granted 1,000 share options to each of its 300 employees on 1 January 20X0, with the condition that they continue to work for DF for four years from the grant date. The fair value of each option at the grant date was $5. Twenty employees left in the year to 31 December 20X0 and at that date another 65 were expected to leave over the next three years. In the year to 31 December 20X1, 23 employees left and at that date another 44 were expected to leave over the next two years.

Required:

Calculate the charge to DF’s statement of profit or loss and other comprehensive income for the year ended 31 December 20X1 in respect of the share options and prepare the journal entries to record this.