Write the amount of total cumulative remuneration expense

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On 1 January 20X1, Llama Ltd announces a grant of 298 share options to each of its 99 senior executives. The grant is conditional on the employee continuing to work for Llama Ltd for the next 3 years. The fair value of each share option is estimated to be $16. At 31 December 20X2, on the basis of a weighted average probability, Llama Ltd estimates that 11% of its senior executives will leave during the vesting period.

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Question 1: Write in the box below the amount of total Cumulative Remuneration Expense that would be recognised by Llama Ltd at 31 December 20X2 in accordance with AASB 2 for services rendered as consideration for the share options granted.

Reference no: EM132555759

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