Scottish farm business income: annual estimates 2015-2016
Farm business level estimates of average incomes for the accounting year 2015 to 2016, which relates to the 2015 crop year. For the most recent data, visit the Scottish farm business income (FBI) collection page below.
Table 2: FBS summary table 2015-16
Measure | Specialist Sheep ( LFA) | Specialist Cattle ( LFA) | Cattle and Sheep ( LFA) | Cereal | General Cropping | Dairy | Lowland Cattle and Sheep | Mixed | All Types | |
---|---|---|---|---|---|---|---|---|---|---|
Average | Output (£) | 45,817 | 123,962 | 105,016 | 158,901 | 208,001 | 377,460 | 129,699 | 160,412 | 136,715 |
Input (£) | 75,418 | 149,104 | 134,829 | 189,817 | 220,645 | 406,267 | 152,238 | 197,479 | 165,009 | |
Subsidy and payments (£) | 36,001 | 45,636 | 49,949 | 29,132 | 30,496 | 30,854 | 32,392 | 35,351 | 38,092 | |
Diversified income (£) | 961 | 1,988 | 757 | 9,227 | 6,234 | -163 | 2,450 | 3,980 | 2,818 | |
FBI (£) | 7,362 | 22,482 | 20,893 | 7,444 | 24,086 | 1,884 | 12,302 | 2,264 | 12,615 | |
FBI/ FTE (£) | 5,985 | 15,612 | 12,586 | 5,433 | 17,975 | 876 | 8,201 | 1,499 | 8,581 | |
Output:Input ratio | 1.10 | 1.15 | 1.15 | 1.04 | 1.11 | 1.00 | 1.08 | 1.01 | 1.08 | |
Off farm income (£) | 14,872 | 10,744 | 9,178 | 9,034 | 13,711 | 6,956 | 8,562 | 12,056 | 11,188 | |
Off farm income/ FTE (£) | 12,091 | 7,461 | 5,529 | 6,594 | 10,232 | 3,235 | 5,708 | 7,984 | 7,611 | |
Balance Sheets (All Tenures) | Net worth (£) closing valuation ( CV) | 795,220 | 1,138,008 | 1,089,459 | 1,894,965 | 1,983,075 | 1,818,645 | 1,156,637 | 1,575,461 | 1,299,410 |
Liabilities as % of assets ( CV) | 6.3 | 10 | 11 | 9 | 9 | 14 | 8 | 13 | 10 | |
Hourly income | Average hourly income (£) | 3.15 | 8.22 | 6.62 | 2.86 | 9.46 | 0.46 | 4.32 | 0.79 | 4.52 |
Minimum agricultural wage (£) | 7.17 | 7.17 | 7.17 | 7.17 | 7.17 | 7.17 | 7.17 | 7.17 | 7.17 | |
Average hourly income as % of MAW | 43.9 | 114.6 | 92.4 | 39.9 | 131.9 | 6.4 | 60.2 | 11.0 | 63.0 | |
Quartiles | FBI upper quartile (£) | 42,745 | 64,981 | 69,454 | 62,438 | 81,202 | 112,026 | 38,461 | 41,468 | 66,559 |
FBI lower quartile (£) | -28,496 | -19,720 | -14,724 | -49,240 | -16,672 | -85,573 | -16,777 | -43,589 | -30,696 | |
Output:Input ratio upper quartile | 1.51 | 1.41 | 1.37 | 1.28 | 1.30 | 1.22 | 1.17 | 1.29 | 1.31 | |
Output:Input ratio lower quartile | 0.70 | 0.88 | 0.91 | 0.77 | 0.94 | 0.84 | 0.89 | 0.83 | 0.83 |
Full-Time equivalent ( FTE) is 1,900 hours.
Off farm Income is only collected for farmers and their spouse as the midpoint of the range in which their income falls.
The minimum agricultural wage ( MAW) is the weighted average for 2015 calendar year.
Contact
Email: agric.stats@gov.scot
Phone: 0300 244 4000 – Central Enquiry Unit
The Scottish Government
St Andrew's House
Regent Road
Edinburgh
EH1 3DG
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