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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