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Publication - Statistics Publication

Scottish farm business income (FBI): annual estimates 2016-2017

Published: 8 Mar 2018
Part of:
Economy, Farming and rural
ISBN:
9781788516747

This publication provides estimates of average farm business incomes for the accounting year 2016-17, which relates to the 2016 crop year.

54 page PDF

3.4MB

54 page PDF

3.4MB

Contents
Scottish farm business income (FBI): annual estimates 2016-2017
Table 1: FBS summary table: 2011-12 to 2016-17 (2016-17 prices)

54 page PDF

3.4MB

Table 1: FBS summary table: 2011-12 to 2016-17 (2016-17 prices)

  Measure 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17
Average Output (£) 190,241 182,610 176,167 157,001 139,976 147,239
Input (£) 197,623 202,344 195,898 176,114 168,503 165,579
Subsidy and payments (£) 52,900 49,523 48,443 41,328 39,337 41,307
Diversified income (£) 3,782 2,765 3,165 2,418 2,823 3,436
FBI (£) 49,301 32,554 31,876 24,633 13,633 26,402
FBI/ FTE (£) 33,768 21,996 21,538 16,757 8,574 17,839
FBI without grants and subsidies -3,599 -16,969 -16,567 -16,695 -25,704 -14,905
Output:Input ratio 1.25 1.16 1.16 1.14 1.08 1.16
Off farm income (£) 9,322 10,073 10,324 11,028 11,450 14,305
Off farm income/ FTE (£) 6,385 6,806 6,976 7,502 7,201 9,665
Hourly income Average hourly income (£) 17.77 11.58 11.34 8.82 4.51 9.39
Minimum agricultural wage (£)(1) 6.55 6.72 6.89 7.03 7.17 7.20
Average hourly income as % of MAW 271.3 172.3 164.5 125.5 62.9 130.4
Quartiles FBI upper quartile (£) 123,536 94,090 108,670 81,561 68,958 94,376
FBI lower quartile (£) 123 -15,175 -15,130 -14,363 -32,450 -15,102
Output:Input ratio upper quartile 1.47 1.40 1.46 1.36 1.31 1.38
Output:Input ratio lower quartile 1.00 0.93 0.93 0.92 0.83 0.91
Balance Sheets (All Tenures) Net worth (£) closing valuation ( CV) 1,372,629 1,396,959 1,389,515 1,307,334 1,329,524 1,315,536
Liabilities as % of assets ( CV) 9.4 9.7 9.5 9.8 10.1 10.2

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