Economic Report on Scottish Agriculture: 2008 Edition

Table B7 Farm business fund flows and net profit by tenure and type of farm, 2005-06 and 2006-07: owner occupied farms

Type of farm	LFA: Specialist sheep		LFA: Specialist beef		LFA: Cattle and sheep		Lowground cattle and sheep
Number of farms in sample	26	23	51	48	21	18	6	5
	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⁾	430	-666	8,512	9,805	2,792	3,030	"	"
plus inputs not involving cash outlay	23,205	23,598	28,113	26,900	37,630	37,357	"	"
minus interest	1,860	2,311	3,429	3,763	7,367	9,486	"	"
Cash income⁽²⁾	21,775	20,621	33,196	32,942	33,055	30,901	"	"
minus net investment spending	10,063	12,468	19,202	20,383	45,188	18,235	"	"
Cash flow from farm business	11,712	8,153	13,994	12,559	-12,133	12,666	"	"
plus net cash from non-farming sources	1,551	-671	3,542	17,403	16,512	759	"	"
plus increase in borrowing	3,827	10,927	5,711	-5,230	20,648	13,867	"	"
Flow of funds	17,090	18,409	23,247	24,732	25,027	27,292	"	"
Net farm income excl. BLSA⁽¹⁾	430	-666	8,512	9,805	2,792	3,030	"	"
plus imputed labour charges for partners and family	8,360	6,146	5,404	6,453	9,448	11,047	"	"
plus rental value	5,627	5,688	7,909	8,407	10,919	10,641	"	"
plus imputed rent on improvements	1,026	991	2,441	2,525	3,138	2,982	"	"
plus ownership income, etc.	291	371	415	315	41	273	"	"
minus interest	1,860	2,311	3,429	3,763	7,367	9,486	"	"
minus depreciation on tenant's improvements	0	0	0	0	0	0	"	"
minus ownership expenses	504	612	820	654	716	792	"	"
Net Profit	18,098	15,453	28,930	31,922	34,421	38,251	"	"

Type of farm	Cereals		General cropping		Dairy		Mixed
Number of farms in sample	28	30	17	17	38	39	25	21
	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⁾	3,196	22,763	3,065	13,301	21,368	34,861	6,946	10,539
plus inputs not involving cash outlay	42,207	30,787	33,933	30,662	47,747	40,380	44,154	34,700
minus interest	4,745	3,459	7,536	6,454	7,629	6,640	5,922	5,650
Cash income⁽²⁾	40,658	50,091	29,462	37,509	61,486	68,601	45,178	39,589
minus net investment spending	10,405	17,988	8,955	8,276	26,564	29,141	17,676	24,861
Cash flow from farm business	30,253	32,103	20,507	29,233	34,922	39,460	27,502	14,728
plus net cash from non-farming sources	10,570	-3,652	7,212	5,673	-772	-2,075	27,598	10,570
plus increase in borrowing	-4,079	5,217	-6,891	-8,842	893	3,399	-30,573	8,953
Flow of funds	36,744	33,668	20,828	26,064	35,043	40,784	24,527	34,251
Net farm income excl. BLSA⁽¹⁾	3,196	22,763	3,065	13,301	21,368	34,861	6,946	10,539
plus imputed labour charges for partners and family	5,022	4,829	4,366	4,017	12,067	13,250	7,740	8,036
plus rental value	17,216	15,958	13,572	14,296	12,083	11,736	14,012	14,754
plus imputed rent on improvements	2,126	1,846	1,195	1,334	11,682	9,694	2,208	2,548
plus ownership income, etc.	7,126	7,796	551	313	685	635	175	53
minus interest	4,745	3,459	7,536	6,454	7,629	6,640	5,922	5,650
minus depreciation on tenant's improvements	0	0	0	0	0	0	0	0
minus ownership expenses	1,052	1,047	1,134	916	832	899	735	832
Net Profit	40,483	57,698	31,419	40,631	66,346	77,715	37,738	42,412

(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.

Page updated: Thursday, May 22, 2008

Scottish Government

Economic Report on Scottish Agriculture: 2008 Edition

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Economic Report on Scottish Agriculture: 2008 Edition

Table B7 Farm business fund flows and net profit by tenure and type of farm, 2005-06 and 2006-07: owner occupied farms