Economic Report on Scottish Agriculture: 2009 Edition

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Table B9 Farm business fund flows and net profit by tenure and type of farm, 2006-07 and 2007-08: mixed tenure farms

Type of farm

LFA: Specialist sheep

LFA: Specialist beef

LFA: Cattle and sheep

Cereals

Number of farms in sample

14

11

29

24

20

18

17

17

2006-07

2007- 08

2006-07

2007-08

2006-07

2007-08

2006-07

2007- 08

£/farm

£/farm

£/farm

£/farm

£/farm

£/farm

£/farm

£/farm

Net farm income excl. BLSA(1)

6,892

18,544

18,240

19,484

18,242

26,100

19,412

44,607

plus inputs not involving cash outlay

14,889

11,327

15,640

12,686

11,617

18,708

27,395

35,599

minus interest

1,514

1,937

2,712

3,934

3,093

4,234

4,905

4,119

Cash income(2)

20,267

27,934

31,168

28,236

26,766

40,574

41,902

76,087

minus net investment spending

12,746

13,207

18,746

9,732

22,376

14,794

18,657

34,738

Cash flow from farm business

7,521

14,727

12,422

18,504

4,390

25,780

23,245

41,349

plus net cash from non-farming sources

-4,033

-12,851

-6,226

-7,931

21,263

18,945

18,672

20,305

plus increase in borrowing

7,751

7,473

10,034

4,950

-3,612

-17,945

-23,066

-32,306

Flow of funds

11,239

9,349

16,230

15,523

22,041

26,780

18,851

29,348

Net farm income excl. BLSA(1)

6,892

18,544

18,240

19,484

18,242

26,100

19,412

44,607

plus imputed labour charges for partners and family

1,620

1,494

2,825

4,173

5,507

5,520

2,557

4,994

plus rental value

4,073

3,592

6,535

6,390

5,964

5,673

11,823

12,995

plus imputed rent on improvements

2,350

2,164

3,440

2,673

3,055

3,688

1,696

2,201

plus ownership income, etc.

2,026

2,578

448

396

795

1,021

705

195

minus interest

1,514

1,937

2,712

3,934

3,093

4,234

4,905

4,119

minus depreciation on tenant's improvements

46

100

284

185

1,511

1,533

59

151

minus ownership expenses

491

355

750

1,292

489

513

1,010

1,128

Net Profit

14,910

25,980

27,742

27,705

28,470

35,722

30,219

59,594

Type of farm

General cropping

Dairy

Mixed

All farm types(3)

Number of farms in sample

18

16

17

16

24

21

142

126

2006-07

2007-08

2006-07

2007-08

2006-07

2007-08

2006-07

2007-08

£/farm

£/farm

£/farm

£/farm

£/farm

£/farm

£/farm

£/farm

Net farm income excl. BLSA(1)

44,080

71,555

29,859

63,325

32,765

28,373

24,444

36,378

plus inputs not involving cash outlay

31,231

30,487

25,646

21,820

18,601

17,627

18,464

19,802

minus interest

10,717

11,116

9,218

10,959

4,865

6,341

4,935

5,663

Cash income(2)

64,594

90,926

46,287

74,186

46,501

39,659

37,973

50,517

minus net investment spending

3,294

76,991

46,867

15,935

23,506

31,871

19,486

26,649

Cash flow from farm business

61,300

13,935

-580

58,251

22,995

7,788

18,487

23,868

plus net cash from non-farming sources

18,806

-39,636

13,989

2,759

-546

24,756

9,913

341

plus increase in borrowing

-51,744

69,124

13,674

-26,973

8,359

-1,671

-7,111

1,461

Flow of funds

28,362

43,423

27,083

34,037

30,808

30,873

21,289

25,670

Net farm income excl. BLSA(1)

44,080

71,555

29,859

63,325

32,765

28,373

24,444

36,378

plus imputed labour charges for partners and family

4,532

5,578

15,002

17,280

6,412

6,772

4,789

5,811

plus rental value

15,194

14,651

9,332

9,153

7,193

8,213

8,123

8,176

plus imputed rent on improvements

3,200

4,032

9,308

8,462

1,737

1,928

3,432

3,479

plus ownership income, etc.

260

240

205

290

270

407

659

715

minus interest

10,717

11,116

9,218

10,959

4,865

6,341

4,935

5,663

minus depreciation on tenant's improvements

414

544

743

748

180

72

449

468

minus ownership expenses

1,127

948

965

1,005

797

1,281

779

951

Net Profit

55,008

83,448

52,780

85,798

42,535

37,999

35,284

47,477

(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.
(3) Includes Lowground Cattle & Sheep farms not identified separately above.

Page updated: Tuesday, June 16, 2009