An Australian retail company reported the following Statement of Changes in Equity for FY21: The company had no preference shares or other hybrid securities on issue during the period FY19-FY21. It reported no dividends payable liabilities at the end o FY20, or FY21. The company has a cost of equity of 12%. An Australian retail company reported the following Statement of Changes in Equity for FY21: The company had no preference shares or other hybrid securities on issue during the period FY19-FY21. It reported no dividends payable liabilities at the end o FY20, or FY21. The company has a cost of equity of 12%