1. The reporting date of Dadisai Ltd is 31 December.

On 1^st July 2016 it grants 100 share options to each of its 500 workers. The grant is on the condition that the worker will serve the entity for the 3 years to 30 June 2019. The shares fair value was P15 at the date the grant was made.

By the 30^th of June 2017, 20 workers had left. Dadisai Ltd estimated that 20% of the 500 workers might leave the organisation in the three-years time.

By the 30^th of June 2018, 20 more workers had also left. Dadisais new estimate of those who might leave the organisation in the 3-year period was revised to 15% of the 500 workers.

By the 30^th of June 2019, Dadisai had lost 10 more employee who left the organisation.

Required:

Basing on the share-based payment scheme, calculate the remuneration expense and the equity that will be recognised in each of the 3 years, clearly showing your workings. (15)