What would be the amount of expenses charged

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Question - Derby Company, a public limited company, has granted share options to its employees with a fair value of P12,000,000. The options vest in three years ' time. The company uses the Monte - Carlo model to estimate the fair value of the options, the number of employees that will vest and the revision of estimates are as follows: -6% Grant date - January 1 , 2013 , estimate of employees leaving the company during the vesting period - 5 % Revision of estimate - January 1 , 2014 - estimate of employees leaving the company during the vesting period Actual number of employees leaving the company - December 31, 2015-5%. What would be the amount of expenses charged in the profit or loss for the year ended December 31, 2015?

Reference no: EM132796192

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