8.25 The balance sheet for Compre Ltd is presentedbelow. Perform a horizontal analysis of the change (in absolute and percentage terms) between the year-end figures. Identify any significant variations that warrant further investigation.Analyse why the variationshave occurred.

Compre Ltd Balance sheet 2013 2012 S 178 1356 996 1305 $ 2120 1700 362 3354 3835 7536 55 150 3232 20612 0 20 40 102 158 9 200 59 910 1563 47 0 70 980 24109 27944 78516 Current assets Cash assets Receivables Inventories Other current assets Total current assets Non-current assets Receivables Inventories Property, plant and equipment Agricultural assets Intangible assets Deferred tax assets Other non-current assets Total non-current assets Total assets Current liabilities Payables Interest-bearing liabilities Current tax liabilities Provisions Total current liabilities Non-current liabilities Interest-bearing liabilities Deferred tax liabilities Provisions Total non-current liabilities Total liabilities Net assets Shareholders' interest Contributed equity Reserves Retained earnings Total equity 943 2730 1 138 1430 6241 3872 1 158 1216 278 6524 7541 409 1 7951 14192 $13752 26 657 757 1 27 415 33 939 $44577 10 144 1 104 2504 $13752 35 655 1745 7177 $44577