Economic Report on Scottish Agriculture, 2016
Presents an overall picture of Scottish agriculture using data from the various agricultural surveys that RESAS manage.
Table A13 Estimated balance sheet for Scottish agriculture at current prices, 2011 to 2015 (1)
£ million
2011 | 2012 | 2013 | 2014 | 2015 (prov) | |
---|---|---|---|---|---|
Assets: | |||||
Fixed: | |||||
Land and buildings (2) | 33,845 | 32,920 | 31,265 | 32,315 | 33,075 |
Plant and machinery | 800 | 835 | 820 | 805 | 800 |
Farm vehicles and cars | 155 | 135 | 110 | 90 | 85 |
Breeding livestock | 1,130 | 985 | 1,170 | 1,125 | 965 |
Total fixed assets | 35,930 | 34,880 | 33,370 | 34,330 | 34,930 |
Current: | |||||
Trading livestock | 860 | 870 | 1,240 | 980 | 965 |
Crops and stores | 230 | 240 | 250 | 230 | 240 |
Financial | 1,135 | 1,115 | 1,180 | 1,325 | 1,255 |
Total current assets | 2,225 | 2,225 | 2,670 | 2,535 | 2,460 |
Total assets | 38,155 | 37,105 | 36,040 | 36,865 | 37,385 |
Liabilities: | |||||
Long term: | |||||
Bank loans | 800 | 845 | 925 | 1,100 | 1,120 |
Other | 475 | 500 | 500 | 580 | 550 |
Total long term | 1,275 | 1,345 | 1,425 | 1,675 | 1,675 |
Short term: | |||||
Bank | 775 | 770 | 795 | 865 | 840 |
Other | 645 | 650 | 695 | 805 | 820 |
Total short term | 1,420 | 1,415 | 1,495 | 1,670 | 1,655 |
Total liabilities | 2,695 | 2,760 | 2,920 | 3,345 | 3,330 |
Net worth | 35,460 | 34,345 | 33,120 | 33,520 | 34,055 |
Net worth as % of total assets | 93 | 93 | 92 | 91 | 91 |
(1) Rounded to the nearest £5 million. Individual items may not sum to total. The value of land and buildings has been estimated from Farm Accounts data, due to a lack of land sales data.
(2) The value of land and buildings does not include the domestic share of dwellings, but does include the business share ie the value of the proportion of the farmhouse used for business purposes.
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