Economic Report on Scottish Agriculture 2006 Edition

Table B2 Average tenant's capital and net farm income, 2004-05

Type of farm	Size of business⁽¹⁾	Average of opening and closing valuations						Net farm income
		Medium-term capital		Short-term (working) capital			Total
		Breeding livestock	Machinery	Trading livestock	Crops	Other	Total
LFA: Specialist sheep		£/farm	£/farm	£/farm	£/farm	£/farm	£/farm	£/farm
	Small	13,227	18,816	7,285	1,181	1,016	41,525	6,167
	Medium	25,625	15,544	7,671	1,191	996	51,026	5,419
	Large	51,202	27,038	17,588	1,068	1,984	98,879	14,761
	All sizes	24,821	20,606	10,070	1,152	1,270	57,920	8,361
LFA: Specialist beef	Small	32,587	30,278	26,375	4,849	2,161	96,250	9,140
	Medium	59,280	42,244	38,189	6,052	3,718	149,484	17,056
	Large	113,881	64,672	79,174	9,980	5,846	273,554	43,932
	All sizes	58,153	41,213	42,010	6,378	3,381	151,135	19,466
LFA: Cattle and sheep	Small	18,640	15,714	10,662	1,713	1,185	47,913	5,247
	Medium	40,150	29,898	21,350	2,805	1,720	95,921	13,403
	Large	90,599	56,376	56,081	7,490	6,021	216,566	24,309
	All sizes	56,315	37,298	34,021	4,645	3,584	135,863	15,584
Lowland cattle and sheep	Small	20,319	25,538	43,286	1,458	1,034	91,635	3,574
	Medium	83,410	30,074	92,228	6,229	6,712	218,654	10,204
	Large	72,900	62,041	108,607	5,324	10,689	259,561	66,918
	All sizes	39,282	33,338	62,822	2,870	3,709	142,020	16,939
Cereals	Small	1,773	53,746	12,019	18,853	8,415	94,807	32
	Medium	5,185	119,213	7,871	47,613	35,917	215,799	-601
	Large	15,532	139,594	52,228	50,911	27,852	286,116	13,782
	All sizes	3,693	71,380	15,821	25,991	14,032	130,916	1,433
General cropping	Small	2,436	46,124	14,784	6,975	3,946	74,263	-2,982
	Medium	8,620	52,834	17,123	24,242	10,887	113,707	11,566
	Large	25,976	131,971	36,492	49,144	24,266	267,851	10,241
	All sizes	10,542	72,089	21,496	22,901	11,307	138,335	4,085
Dairy	Small	21,384	21,452	19,169	2,197	2,415	66,617	-6,383
	Medium	45,097	42,188	33,736	7,561	4,805	133,387	14,811
	Large	81,671	67,270	62,986	10,380	8,552	230,860	35,482
	All sizes	64,355	54,747	49,774	8,534	6,784	184,195	24,567
Mixed	Small	14,880	32,024	35,784	9,496	3,909	96,093	5,944
	Medium	42,451	61,458	59,118	16,109	7,984	187,120	14,071
	Large	68,214	83,565	72,206	27,021	15,240	266,245	28,920
	All sizes	36,359	53,249	51,208	16,143	8,173	165,131	14,568
All farm types	Small	15,932	33,227	19,448	7,342	3,501	79,451	4,108
	Medium	37,203	49,833	30,341	13,703	8,409	139,489	12,007
	Large	75,770	71,896	58,553	16,363	10,134	232,716	28,825
	All sizes	38,346	48,191	33,591	11,251	6,413	137,792	13,217

(1) Defined in terms of total standard gross margin ( SGM average value 1998 to 2002).

1 SLR (Standard Labour Requirement) = 1900 Annual Hours.

The size groups are: Small 0.5 < 2 SLRs;

Medium 2<3 SLRs;

Large 3+ SLRs

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