An Australian retail company reported the following Statement of Changes in Equity for FY21:
Contributed
Retained
Total
Equity
Reserves
Earnings
Equity
Balance at 30 June 2020
74,098
623
65,850
140,571
Profit (loss) for the year
0
0
63,742
63,742
Other comprehensive income
0
(541)
0
(541)
Total comprehensive income
0
(541)
63,742
63,201
Transactions with owners:
Dividends paid
0
0
(40,578)
(40,578)
Exercise of share options
(275)
0
0
(275)
Share-based payments
0
1,741
0
1,741
Balance at 30 June 2021
73,823
1,823
89,014
164,660
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 of F
FY20, or FY21. The company has a cost of equity of 12%.