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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