Icaew diploma in ifrss
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| 4.5% 5.5% 9% 11% 3 periods 2.7490 2.6979 2.5313 2.4437 4 periods 3.5875 3.5052 3.2397 3.1024 7 periods 5.8927 5.6830 5.0330 4.7122 8 periods 6.5959 6.3346 5.5348 5.1461 Requirement Determine the value of the liability component and the equity component of the bonds at 31 December 2010 (to the nearest $1). (5 marks) ICAEW\DIPLOMA IN IFRSs Page 9 of 13 1(p) On 1 January 2009, a company, Yeti, granted an employee the right to choose between (i) 30,000 Yeti shares or (ii) a cash-payment equivalent to the price of 24,000 Yeti shares on 31 December 2011. Each would be receivable on 31 December 2011, providing the person is still employed by the company on that date, which was and still is expected to be the case. A condition of the award is that if the shares are taken, they must beheld until at least 31 December 2013 before they can be sold. The market price of a share was $5.82 on 1 January 2009, $5.92 at 31 December 2009 and $6.20 at 31 December 2010. The fair value of the share alternative has been calculated at $6.14 on 1 January 2009, $6.18 at 31 December 2009 and $6.32 at 31 December 2010. Requirement Calculate the amount to be recognised in profit or loss for the year ending 31 December 2010. Download 149.62 Kb. Share with your friends:
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