Publication - Statistics

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 2: FAS summary table 2013-14

46 page PDF

3.6 MB

Table 2: FAS summary table 2013-14

Measure

Specialist Sheep (LFA)

Specialist Cattle (LFA)

Cattle and Sheep (LFA)

Cereal

General Cropping

Dairy

Lowland Cattle and Sheep

Mixed

All Types

Average

Output (£)

58,192

128,704

111,673

176,368

223,260

470,628

139,017

219,562

168,878

Input (£)

74,539

159,750

146,339

200,066

230,516

436,132

156,769

245,433

187,786

Susbsidy and payments (£)

37,043

54,771

59,251

40,024

37,097

43,978

41,834

52,661

46,411

Diversified income (£)

3,519

1,079

1,047

6,933

6,375

1,176

99

3,113

3,031

FBI (£)

24,214

24,803

25,634

23,259

36,216

79,651

24,181

29,903

30,534

FBI/FTE (£)

20,011

16,759

15,921

17,891

26,243

38,854

16,677

17,694

20,631

Output:Input ratio

1.32

1.16

1.18

1.12

1.16

1.18

1.15

1.12

1.16

Off farm income (£)

9,436

9,559

9,371

9,872

11,968

4,899

9,876

11,646

9,887

Off farm income/FTE (£)

7,799

6,459

5,820

7,594

8,673

2,390

6,811

6,891

6,680

Hourly income

Average hourly income (£)

10.53

8.82

8.38

9.42

13.81

20.45

8.78

9.31

10.86

Minimum agricultural wage (£)

6.89

6.89

6.89

6.89

6.89

6.89

6.89

6.89

6.89

Average hourly income as % of MAW

152.9

128.0

121.6

136.7

200.5

296.8

127.4

135.2

157.6

Quartiles

FBI upper quartile (£)

204,275

62,777

65,763

75,039

95,091

205,306

75,904

79,286

104,734

FBI lower quartile (£)

-14,669

-16,367

-17,943

-22,234

-8,258

-6,122

-13,934

-12,792

-15,266

Output:Input ratio upper quartile

2.9

1.4

1.4

1.3

1.3

1.3

1.3

1.3

1.46

Output:Input ratio lower quartile

0.8

0.9

0.9

0.9

1.0

1.0

0.9

1.0

0.92

Balance Sheets

(All Tenures)

Net worth (£) closing valuation (CV)

645,249

1,058,320

991,935

1,906,012

1,922,087

1,834,005

1,118,874

1,719,160

1,331,105

Liabilities as % of assets (CV)

7

10

12

7

7

14

10

11

9

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.

The minimum agricultural wage (MAW) is the weighted average for 2013 calendar year.


Contact

Email: Andrew Walker