Publication - Statistics
Scottish farm business income: annual estimates 2016-2017
This publication provides estimates of average farm business incomes for the accounting year 2016-17, which relates to the 2016 crop year. For the most recent data, visit the Scottish farm business income (FBI) collection page below.
Table 10: Average opening and closing balance sheets by tenure and type of farm: 2016-17
| Tenure of farm | Type of farm | Specialist sheep (LFA) | Specialist cattle (LFA) | Cattle and sheep (LFA) | 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 | 22 | 54 | 24 | 27 | 16 | 19 | 12 | 29 | 203 | |||||||||
| Total assets | 1,142,986 | 1,151,569 | 1,296,260 | 1,295,679 | 1,768,498 | 1,778,448 | 2,416,489 | 2,508,612 | 2,497,667 | 2,505,193 | 2,240,792 | 2,239,518 | 1,428,826 | 1,436,462 | 2,210,235 | 2,245,268 | 1,756,142 | 1,772,670 | |
| Total external liabilities | 61,982 | 56,741 | 125,940 | 126,534 | 146,426 | 181,463 | 223,300 | 275,788 | 164,952 | 162,363 | 280,560 | 291,832 | 105,278 | 109,317 | 197,917 | 189,607 | 150,082 | 157,526 | |
| Net worth | 1,081,005 | 1,094,828 | 1,170,320 | 1,169,145 | 1,622,072 | 1,596,985 | 2,193,190 | 2,232,824 | 2,332,716 | 2,342,830 | 1,960,232 | 1,947,686 | 1,323,548 | 1,327,145 | 2,012,318 | 2,055,661 | 1,606,060 | 1,615,144 | |
| Liabilities as a percentage of assets | 5.4 | 4.9 | 9.7 | 9.8 | 8.3 | 10.2 | 9.2 | 11.0 | 6.6 | 6.5 | 12.5 | 13.0 | 7.4 | 7.6 | 9.0 | 8.4 | 8.5 | 8.9 | |
| Tenanted farms | Sample Size | 9 | 25 | 17 | 11 | 12 | c | 5 | 10 | 93 | |||||||||
| Total assets | 340,050 | 325,657 | 432,772 | 439,840 | 368,135 | 369,776 | 346,400 | 320,684 | 393,892 | 373,507 | c | c | 513,045 | 515,283 | 434,348 | 407,752 | 404,833 | 396,747 | |
| Total external liabilities | 49,364 | 40,850 | 76,564 | 98,995 | 61,726 | 59,210 | 88,576 | 74,741 | 83,210 | 75,149 | c | c | 88,548 | 101,509 | 86,514 | 76,257 | 74,879 | 74,331 | |
| Net worth | 290,686 | 284,807 | 356,207 | 340,845 | 306,409 | 310,566 | 257,825 | 245,943 | 310,681 | 298,358 | c | c | 424,497 | 413,774 | 347,833 | 331,495 | 329,954 | 322,417 | |
| Liabilities as a percentage of assets | 14.5 | 12.5 | 17.7 | 22.5 | 16.8 | 16.0 | 25.6 | 23.3 | 21.1 | 20.1 | c | c | 17.3 | 19.7 | 19.9 | 18.7 | 18.5 | 18.7 | |
| Mixed tenure farms | Sample Size | 16 | 43 | 21 | 19 | 20 | 20 | 10 | 29 | 178 | |||||||||
| Total assets | 891,365 | 973,799 | 1,419,804 | 1,436,125 | 1,331,074 | 1,341,279 | 2,668,203 | 2,693,767 | 2,511,117 | 2,375,852 | 2,718,221 | 2,778,047 | 1,376,877 | 1,395,797 | 1,945,315 | 1,962,959 | 1,642,238 | 1,658,200 | |
| Total external liabilities | 88,790 | 94,109 | 148,416 | 147,497 | 195,996 | 191,453 | 227,021 | 242,232 | 447,196 | 421,355 | 463,093 | 476,807 | 189,450 | 199,961 | 309,593 | 307,775 | 219,529 | 219,365 | |
| Net worth | 802,575 | 879,691 | 1,271,388 | 1,288,628 | 1,135,078 | 1,149,826 | 2,441,182 | 2,451,534 | 2,063,921 | 1,954,497 | 2,255,128 | 2,301,240 | 1,187,426 | 1,195,836 | 1,635,722 | 1,655,184 | 1,422,709 | 1,438,835 | |
| Liabilities as a percentage of assets | 10.0 | 9.7 | 10.5 | 10.3 | 14.7 | 14.3 | 8.5 | 9.0 | 17.8 | 17.7 | 17.0 | 17.2 | 13.8 | 14.3 | 15.9 | 15.7 | 13.4 | 13.2 | |
| All Tenures | Sample Size | 47 | 122 | 62 | 57 | 48 | 43 | 27 | 68 | 474 | |||||||||
| Total assets | 837,124 | 849,068 | 1,168,075 | 1,171,395 | 1,250,179 | 1,257,618 | 2,105,530 | 2,170,364 | 2,129,222 | 2,113,432 | 2,134,695 | 2,143,309 | 1,285,139 | 1,293,383 | 1,854,261 | 1,875,578 | 1,453,516 | 1,464,758 | |
| Total external liabilities | 61,773 | 57,016 | 120,978 | 125,062 | 130,127 | 145,751 | 201,561 | 238,713 | 186,948 | 180,399 | 299,823 | 308,594 | 113,340 | 119,528 | 196,919 | 189,346 | 144,608 | 149,222 | |
| Net worth | 775,351 | 792,052 | 1,047,097 | 1,046,334 | 1,120,052 | 1,111,868 | 1,903,969 | 1,931,651 | 1,942,274 | 1,933,033 | 1,834,872 | 1,834,716 | 1,171,799 | 1,173,855 | 1,657,342 | 1,686,232 | 1,308,908 | 1,315,536 | |
| Liabilities as a percentage of assets | 7.4 | 6.7 | 10.4 | 10.7 | 10.4 | 11.6 | 9.6 | 11.0 | 8.8 | 8.5 | 14.0 | 14.4 | 8.8 | 9.2 | 10.6 | 10.1 | 9.9 | 10.2 | |
'c' - cell values have been suppressed due to small sample sizes.
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