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.

Contact

Email: Agricultural Statistics

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