Scottish farm business income: annual estimates 2015-2016

Farm business level estimates of average incomes for the accounting year 2015 to 2016, which relates to the 2015 crop year. For the most recent data, visit the Scottish farm business income (FBI) collection page below.


Table 10b: Average opening and closing balance sheets by tenure and type of farm: 2015-16

Tenure of farm Type of farm Dairy Lowland cattle and sheep Mixed All farm types
Valuation (£/farm) Valuation (£/farm) Valuation (£/farm) Valuation (£/farm)
Opening Closing Opening Closing Opening Closing Opening Closing
Owner-occupied farms Sample Size 18 12 29 214
Total assets 2,121,759 2,135,959 1,282,951 1,331,360 1,989,756 2,048,161 1,670,372 1,720,385
Total external liabilities 226,057 256,983 94,446 85,148 227,398 235,698 148,617 151,373
Net worth 1,895,702 1,878,976 1,188,505 1,246,213 1,762,358 1,812,463 1,521,755 1,569,012
Liabilities as a percentage of assets 10.7 12.0 7.4 6.4 11.4 11.5 8.9 8.8
Tenanted farms Sample Size c c 9 90
Total assets c c c c 403,333 447,083 362,425 415,343
Total external liabilities c c c c 93,851 101,432 68,000 75,414
Net worth c c c c 309,482 345,651 294,424 339,929
Liabilities as a percentage of assets c c c c 23.3 22.7 18.8 18.2
Mixed tenure farms Sample Size 21 11 31 180
Total assets 2,945,071 3,005,434 1,540,661 1,604,684 1,857,098 1,936,211 1,574,588 1,632,019
Total external liabilities 404,995 490,206 248,169 271,302 314,159 340,863 207,452 220,855
Net worth 2,540,076 2,515,228 1,292,492 1,333,382 1,542,939 1,595,348 1,367,136 1,411,164
Liabilities as a percentage of assets 13.8 16.3 16.1 16.9 16.9 17.6 13.2 13.5
All Tenures Sample Size 43 27 69 484
Total assets 2,090,318 2,107,149 1,206,725 1,260,106 1,747,419 1,806,589 1,393,955 1,445,628
Total external liabilities 251,209 288,504 109,221 103,468 220,410 231,129 140,981 146,218
Net worth 1,839,109 1,818,645 1,097,504 1,156,637 1,527,009 1,575,461 1,252,974 1,299,410
Liabilities as a percentage of assets 12.0 13.7 9.1 8.2 12.6 12.8 10.1 10.1

Closing values for 2014-15 and opening values for 2015-16 were reset to zero for entitlements due to the change from SFP to BPS.

'c' - cell values have been suppressed due to small sample sizes.

Contact

Email: agric.stats@gov.scot

Phone: 0300 244 4000 – Central Enquiry Unit

The Scottish Government
St Andrew's House
Regent Road
Edinburgh
EH1 3DG

Back to top