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| Economic
Report on Scottish Agriculture 1997 Edition |
| Table A3 - Estimated Balance Sheet for Scottish Agriculture at Current Prices, 1987 to 1996 (1) |
1987 |
1988 |
1989 |
1990 |
1991 |
1992 |
1993 |
1994 |
1995 |
1996 |
|
ASSETS: |
||||||||||
Fixed: |
£ million |
£ million |
£ million |
£ million |
£ million |
£ million |
£ million |
£ million |
£ million |
£ million |
Land and buildings (2) |
5,020 |
4,695 |
6,865 |
7,485 |
5,705 |
4,945 |
6,940 |
6,225 |
8,540 |
8,715 |
Machinery & equipment |
655 |
685 |
700 |
725 |
725 |
725 |
760 |
790 |
840 |
900 |
Breeding livestock |
585 |
625 |
600 |
565 |
585 |
800 |
835 |
710 |
805 |
770 |
Total fixed assets |
6,265 |
6,005 |
8,160 |
8,775 |
7,015 |
6,475 |
8,530 |
7,725 |
10,185 |
10,385 |
Current: |
||||||||||
Trading livestock |
520 |
545 |
530 |
495 |
495 |
490 |
560 |
560 |
625 |
520 |
Crops and stores |
225 |
190 |
220 |
210 |
200 |
210 |
230 |
290 |
325 |
240 |
Debtors, cash, deposits |
275 |
240 |
280 |
345 |
350 |
320 |
525 |
470 |
620 |
635 |
Total current assets |
1,025 |
975 |
1,303 |
1,050 |
1,045 |
1,020 |
1,315 |
1,320 |
1,575 |
1,395 |
TOTAL ASSETS |
7,285 |
6,980 |
9,190 |
9,825 |
8,060 |
7,495 |
9,850 |
9,040 |
11,755 |
11,780 |
LIABILITIES: |
||||||||||
Long and medium term: |
||||||||||
Bank loans |
75 |
45 |
90 |
80 |
110 |
115 |
125 |
120 |
165 |
170 |
Family loans |
70 |
70 |
70 |
60 |
80 |
90 |
100 |
90 |
80 |
85 |
Other |
55 |
40 |
50 |
40 |
55 |
50 |
60 |
70 |
85 |
85 |
Total long and medium term |
200 |
150 |
210 |
180 |
250 |
255 |
285 |
275 |
335 |
340 |
Short term: |
||||||||||
Bank overdraft |
825 |
860 |
745 |
740 |
750 |
765 |
740 |
765 |
715 |
740 |
Other |
135 |
125 |
140 |
165 |
150 |
150 |
260 |
245 |
320 |
330 |
Total short term |
960 |
985 |
885 |
910 |
900 |
920 |
1,000 |
1,010 |
1,040 |
1,070 |
TOTAL LIABILITIES |
1,160 |
1,135 |
1,095 |
1,085 |
1,145 |
1,170 |
1,285 |
1,285 |
1,370 |
1,410 |
NET WORTH |
6,125 |
5,845 |
8,100 |
8,740 |
6,915 |
6,320 |
8,560 |
7,755 |
10,385 |
10,370 |
Net worth as % of total assets |
84 |
84 |
88 |
89 |
86 |
84 |
87 |
86 |
88 |
88 |
| (1) Rounded to nearest £5 million. Individual items may not sum to totals. |
| (2) The value of land and buildings does not include the domestic share of dwellings, but does include the business share i.e. the value of the proportion of the farmhouse used for business purposes. |