Economic Report on Scottish Agriculture 2015
Economic Report on Scottish Agriculture 2015 presenting an overall picture of Scottish agriculture using data from the various agricultural surveys that RESAS manage.
Table B11 Average opening and closing balance sheets by tenure and type of farm: 2013-14
Tenure of farm |
Type of farm |
Specialist sheep(LFA) |
Specialist cattle (LFA) |
Other Cattle and sheep (LFA)(1) |
Cereals |
General cropping |
Dairy |
Lowland cattle and sheep |
Mixed |
All farm types |
|||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Valuation (£/ farm) |
Valuation (£/farm) |
Valuation (£/farm) |
Valuation (£/farm) |
Valuation (£/farm) |
Valuation (£/farm) |
Valuation (£/farm) |
Valuation (£/farm) |
Valuation (£/farm) |
|||||||||||
Opening |
Closing |
Opening |
Closing |
Opening |
Closing |
Opening |
Closing |
Opening |
Closing |
Opening |
Closing |
Opening |
Closing |
Opening |
Closing |
Opening |
Closing |
||
Owner-occupied farms |
Sample Size |
<20 |
>50 |
20-50 |
20-50 |
20-50 |
c |
<20 |
20-50 |
>50 |
|||||||||
Total assets |
882,693 |
922,557 |
1,307,810 |
1,333,645 |
1,701,136 |
1,719,672 |
2,447,179 |
2,494,632 |
2,324,094 |
2,379,573 |
c |
c |
1,355,194 |
1,389,196 |
2,195,314 |
2,267,146 |
1,749,136 |
1,793,635 |
|
Total external liabilities |
45,835 |
38,631 |
118,604 |
127,103 |
163,668 |
181,723 |
162,880 |
166,135 |
147,423 |
135,175 |
c |
c |
159,311 |
138,472 |
151,653 |
214,219 |
143,236 |
150,535 |
|
Net worth |
836,858 |
883,926 |
1,189,205 |
1,206,541 |
1,537,469 |
1,537,949 |
2,284,300 |
2,328,497 |
2,176,671 |
2,244,398 |
c |
c |
1,195,883 |
1,250,724 |
2,043,661 |
2,052,928 |
1,605,900 |
1,643,100 |
|
Liabilities as a percentage of assets |
5.2 |
4.2 |
9.1 |
9.5 |
9.6 |
10.6 |
6.7 |
6.7 |
6.3 |
5.7 |
c |
c |
11.8 |
10.0 |
6.9 |
9.4 |
8.2 |
8.4 |
|
Tenanted farms |
Sample Size |
<20 |
20-50 |
<20 |
<20 |
<20 |
c |
<20 |
<20 |
>50 |
|||||||||
Total assets |
257,085 |
225,411 |
419,980 |
417,832 |
311,052 |
305,487 |
301,306 |
294,337 |
310,904 |
310,566 |
c |
c |
485,096 |
470,297 |
457,045 |
442,558 |
359,926 |
348,654 |
|
Total external liabilities |
17,030 |
16,112 |
50,285 |
52,873 |
50,572 |
53,593 |
55,256 |
60,480 |
56,606 |
78,746 |
c |
c |
49,831 |
38,274 |
100,806 |
83,852 |
56,526 |
57,086 |
|
Net worth |
240,055 |
209,299 |
369,695 |
364,960 |
260,480 |
251,895 |
246,050 |
233,856 |
254,298 |
231,820 |
c |
c |
435,265 |
432,022 |
356,238 |
358,707 |
303,400 |
291,568 |
|
Liabilities as a percentage of assets |
6.6 |
7.1 |
12.0 |
12.7 |
16.3 |
17.5 |
18.3 |
20.5 |
18.2 |
25.4 |
c |
c |
10.3 |
8.1 |
22.1 |
18.9 |
15.7 |
16.4 |
|
Mixed tenure farms |
Sample Size |
<20 |
20-50 |
<20 |
20-50 |
<20 |
c |
<20 |
20-50 |
>50 |
|||||||||
Total assets |
849,503 |
904,718 |
1,335,762 |
1,344,737 |
1,192,552 |
1,196,443 |
2,112,145 |
2,141,328 |
2,733,180 |
2,794,892 |
c |
c |
1,249,167 |
1,301,232 |
1,849,786 |
1,931,110 |
1,605,137 |
1,650,637 |
|
Total external liabilities |
156,367 |
162,356 |
139,608 |
136,384 |
197,815 |
163,676 |
165,394 |
173,567 |
276,581 |
303,037 |
c |
c |
178,287 |
176,294 |
306,867 |
358,495 |
203,825 |
212,105 |
|
Net worth |
693,136 |
742,361 |
1,196,154 |
1,208,354 |
994,737 |
1,032,767 |
1,946,751 |
1,967,760 |
2,456,599 |
2,491,854 |
c |
c |
1,070,880 |
1,124,938 |
1,542,918 |
1,572,615 |
1,401,312 |
1,438,532 |
|
Liabilities as a percentage of assets |
18.4 |
17.9 |
10.5 |
10.1 |
16.6 |
13.7 |
7.8 |
8.1 |
10.1 |
10.8 |
c |
c |
14.3 |
13.5 |
16.6 |
18.6 |
12.7 |
12.8 |
|
All Tenures |
Sample Size |
41 |
132 |
57 |
63 |
52 |
45 |
26 |
67 |
483 |
|||||||||
Total assets |
675,033 |
693,819 |
1,155,420 |
1,173,742 |
1,118,050 |
1,125,373 |
2,018,275 |
2,053,742 |
2,020,181 |
2,066,649 |
2,062,375 |
2,133,543 |
1,217,933 |
1,246,726 |
1,872,875 |
1,932,316 |
1,437,653 |
1,470,591 |
|
Total external liabilities |
51,895 |
48,570 |
109,757 |
115,422 |
130,533 |
133,438 |
143,559 |
147,730 |
146,388 |
144,562 |
312,771 |
299,538 |
145,390 |
127,852 |
164,680 |
213,157 |
133,464 |
139,486 |
|
Net worth |
623,137 |
645,249 |
1,045,663 |
1,058,320 |
987,518 |
991,935 |
1,874,717 |
1,906,012 |
1,873,794 |
1,922,087 |
1,749,604 |
1,834,005 |
1,072,543 |
1,118,874 |
1,708,195 |
1,719,160 |
1,304,189 |
1,331,105 |
|
Liabilities as a percentage of assets |
7.7 |
7.0 |
9.5 |
9.8 |
11.7 |
11.9 |
7.1 |
7.2 |
7.2 |
7.0 |
15.2 |
14.0 |
11.9 |
10.3 |
8.8 |
11.0 |
9.3 |
9.5 |
(1) Other cattle and sheep (LFA) excludes farms identified as specialist sheep or specialist cattle.
c cell values have been suppressed due to small sample sizes.
> greater than.
< less than.
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