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Economic Report on Scottish Agriculture: 2008 Edition

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Table B8 Farm business fund flows and net profit by tenure and type of farm, 2005-06 and 2006-07: tenanted farms

Type of farm

LFA: Specialist sheep

LFA: Specialist beef

LFA: Cattle and sheep

Lowground cattle and sheep

Number of farms in sample

7

6

39

38

27

23

2

3

2005- 06

2006- 07

2005- 06

2006 07

2005- 06

2006- 07

2005- 06

2006- 07

£/farm

£/farm

£/farm

£/farm

£/farm

£/farm

£/farm

£/farm

Net farm income excl. BLSA(1)

9,138

4,057

16,229

17,352

18,410

13,365

"

"

plus inputs not involving cash outlay

9,589

12,228

16,818

16,397

20,614

16,863

"

"

minus interest

574

769

2,972

2,976

1,645

1,847

"

"

Cash income(2)

18,153

15,516

30,075

30,773

37,379

28,381

"

"

minus net investment spending

3,039

6,799

15,087

11,399

8,838

15,955

"

"

Cash flow from farm business

15,114

8,717

14,988

19,374

28,541

12,426

"

"

plus net cash from non-farming sources

3,717

4,845

-1,841

5,938

8,479

5,825

"

"

plus increase in borrowing

-3,222

-2,349

11,125

1,342

-9,653

10,226

"

"

Flow of funds

15,609

11,213

24,272

26,654

27,367

28,477

"

"

Net farm income excl. BLSA(1)

9,138

4,057

16,229

17,352

18,410

13,365

"

"

plus imputed labour charges for partners and family

4,077

4,850

3,470

4,242

8,162

7,240

"

"

plus rental value

0

0

0

0

0

0

"

"

plus imputed rent on improvements

1,034

843

1,805

1,260

1,246

1,208

"

"

plus ownership income, etc.

106

88

250

363

329

382

"

"

minus interest

574

769

2,972

2,976

1,645

1,847

"

"

minus depreciation on tenant's improvements

1,534

1,487

2,316

1,884

1,736

1,653

"

"

minus ownership expenses

81

97

183

251

154

88

"

"

Net Profit

16,544

12,191

27,225

28,328

31,682

25,783

"

"

Type of farm

Cereals

General cropping

Dairy

Mixed

Number of farms in sample

11

12

8

7

6

6

15

15

2005- 06

2006- 07

2005- 06

2006 07

2005- 06

2006- 07

2005- 06

2006- 07

£/farm

£/farm

£/farm

£/farm

£/farm

£/farm

£/farm

£/farm

Net farm income excl. BLSA(1)

19,611

17,731

13,523

17,899

32,225

32,981

15,473

21,806

plus inputs not involving cash outlay

7,788

5,379

13,136

19,235

37,112

24,596

21,442

17,319

minus interest

4,332

5,283

872

1,068

4,846

5,525

2,136

2,208

Cash income(2)

23,067

17,827

25,787

36,066

64,491

52,052

34,779

36,917

minus net investment spending

3,388

4,197

11,357

13,032

10,357

25,074

13,347

14,515

Cash flow from farm business

19,679

13,630

14,430

23,034

54,134

26,978

21,432

22,402

plus net cash from non-farming sources

6,874

15,909

-5,102

-3,109

4,961

-4,263

2,273

2,187

plus increase in borrowing

1,562

-6,400

4,264

14,377

-13,751

24,068

2,887

747

Flow of funds

28,115

23,139

13,592

34,302

45,344

46,783

26,592

25,336

Net farm income excl. BLSA(1)

19,611

17,731

13,523

17,899

32,225

32,981

15,473

21,806

plus imputed labour charges for partners and family

668

522

5,371

5,087

17,214

19,119

7,484

8,721

plus rental value

0

0

635

318

0

0

0

0

plus imputed rent on improvements

1,268

892

452

421

3,214

3,484

538

418

plus ownership income, etc.

101

38

73

256

292

238

79

322

minus interest

4,332

5,283

872

1,068

4,846

5,525

2,136

2,208

minus depreciation on tenant's improvements

1,590

1,166

595

591

1,346

2,890

705

558

minus ownership expenses

584

266

152

22

96

157

128

110

Net Profit

28,154

25,898

21,673

25,662

59,233

64,394

26,543

34,143

(1) BLSA: Breeding livestock appreciation.
(2) Cash Income estimates in this table differ to those contained in Table 1, as they are compiled in a different way.

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Page updated: Thursday, May 22, 2008