CERTYNEX IFRS ACADEMY

For the note on key management personnel compensation of Genêt SA, which has granted share options to its managers, an analyst puts forward four statements. Which one is wrong?

Share-based payment is one of the five categories of compensation to be presented.

The options granted to managers are excluded from the compensation disclosed, because they are not paid in cash.

Total key management personnel compensation includes the share-based payment category, like those of short-term benefits and post-employment benefits.

The options granted are presented in this category and not with short-term benefits.