Publication - Statistics publication

Annual Estimates of Scottish Farm Business Income (FBI) 2015

Published: 27 Mar 2015
Part of:
Statistics
ISBN:
9781785442520

This publication contains farm business level estimates of average incomes for the accounting year 2013-14, relating to the 2013 crop year.

46 page PDF

3.6 MB

46 page PDF

3.6 MB

Contents
Annual Estimates of Scottish Farm Business Income (FBI) 2015
Table 1: FAS summary table: 2009-10 to 2013-14 (2013-14 prices)

46 page PDF

3.6 MB

Table 1: FAS summary table: 2009-10 to 2013-14 (2013-14 prices)

Measure

2009-10

2010-11

2011-12

2012-13

2013-14

Average

Output (£)

135,903

162,749

179,434

174,592

168,878

Input (£)

150,195

168,500

186,397

193,460

187,786

Susbsidy and payments (£)

52,443

51,257

49,895

47,349

46,411

Diversified income (£)

3,607

3,650

3,567

2,643

3,031

FBI (£)

41,757

49,157

46,500

31,125

30,534

FBI/FTE (£)

29,201

29,087

31,849

21,030

20,631

FBI without grants and subsidies

-10,686

-2,100

-3,395

-16,224

-15,877

Output:Input ratio

1.3

1.3

1.2

1.2

1.2

Off farm income (£)

10,325

9,382

8,792

9,631

9887

Off farm income/FTE (£)

7,221

5,551

6,022

6,507

6680

Hourly income

Average hourly income (£)

15.37

15.31

16.76

11.07

10.86

Minimum agricultural wage (£)

6.23

6.37

6.55

6.68

6.89

Average hourly income as % of MAW

246.7

240.3

255.9

165.7

157.6

Quartiles

FBI upper quartile (£)

88,838

107,621

114,010

88,638

104,734

FBI lower quartile (£)

-7,845

1,257

114

-14,296

-15,266

Output:Input ratio upper quartile

1.5

1.4

1.5

1.4

1.5

Output:Input ratio lower quartile

1.0

1.0

1.0

0.9

0.9

Balance Sheets (All Tenures)

Net worth (£) closing valuation (CV)

920,347

1,241,349

1,294,655

1,335,622

1,331,105

Liabilities as % of assets (CV)

10.5

9.6

9.4

9.7

9.5

Full-Time equivalent (FTE) is 1,900 hours.

Off farm Income is only collected for farmers and their spouse as the midpoint of the range in which their income falls.


Contact

Email: Andrew Walker