On January 1, 2021, Baghdad grants 45 share options to each of its 250 employees. Each grant is subject to the condition that the employees must work for Baghdad for another three years. The fair value of each option is estimated to be 17 at the grant date. Baghdad estimates that 80% of the employees will fulfil the condition to stay for three years. The first year 10 employees left the company, the second year 20 employees left the company, the third year 30 employees left the company.

Requirement 2.5 mark

According to IFRS 2, record the above transaction in Baghdad company books