The Scottish Office (Back)
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
(Prov)

1995
(Prov)

1996
(Forecast)

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.