Table Distribution of southern beef cattle producing farms, by farm business debt and equity ratio, at 30 June 2013ap percentage of farms Farm business debt unit Herd size Southern Australia Medium Large Very Large <$100 000 % 73 (6) 68 (7) 44 (17) 31 (21) 62 (5) $100 000 and <$250 000 % 10 (32) 13 (33) 21 (32) 7 (55) 13 (18) $250 000 and <$500 000 % 7 (31) 9 (35) 14 (30) 8 (45) 9 (18) $500 000 and <$1m % 5 (50) 5 (37) 9 (35) 15 (31) 6 (21) $1m and <$2m % 4 (56) 3 (30) 9 (25) 20 (28) 6 (17) % 1 (151) 2 (47) 4 (32) 20 (20) 4 (21) ≥$2m Total % 100 100 100 100 100 – – – – – Average farm debt at 30 June $ 182 000 (31) 238 000 (24) 399 000 (26) 1 372 000 (16) 335 000 (12) Farm business equity ratio b per cent % 80 (5) 82 (4) 68 (8) 57 (12) 76 (3) ≥90 80 and <90 per cent % 11 (24) 10 (30) 23 (23) 21 (24) 14 (13) 70 and <80 per cent % 5 (67) 5 (41) 3 (48) 9 (40) 5 (30) 60 and <70 per cent % 4 (50) 2 (71) 4 (33) 7 (64) 3 (27) <60 per cent % 1 (24) 1 (83) 2 (53) 6 (36) 2 (29) Total % 100 100 100 100 100 – – – – – Average farm business equity ratio at 30 June % 93 (2) 92 (2) 91 (2) 87 (2) 91 (1) Population of farms no. 6 626 6 899 3 990 1 616 19 130 – – – – – a Excludes debt for large corporate farms. b Equity ratio defined as total owned capital at 30 June less debt as a percentage of total owned business capital p Preliminary estimate. Note: Figures in parentheses are standard errors expressed as a percentage of the estimate. Source: Australian Agricultural and Grazing Industries Survey
Table Distribution of southern beef cattle producing farms, by farm business debt and equity ratio, at 30 June 2013ap percentage of farms Farm business debt unit Herd size Southern Australia Medium Large Very Large <$100 000 % 73 (6) 68 (7) 44 (17) 31 (21) 62 (5) $100 000 and <$250 000 % 10 (32) 13 (33) 21 (32) 7 (55) 13 (18) $250 000 and <$500 000 % 7 (31) 9 (35) 14 (30) 8 (45) 9 (18) $500 000 and <$1m % 5 (50) 5 (37) 9 (35) 15 (31) 6 (21) $1m and <$2m % 4 (56) 3 (30) 9 (25) 20 (28) 6 (17) ≥$2m % 1 (151) 2 (47) 4 (32) 20 (20) 4 (21) Total % 100 – 100 – 100 – 100 – 100 – Average farm debt at 30 June $ 182 000 (31) 238 000 (24) 399 000 (26) 1 372 000 (16) 335 000 (12) Farm business equity ratio b ≥90 per cent % 80 (5) 82 (4) 68 (8) 57 (12) 76 (3) 80 and <90 per cent % 11 (24) 10 (30) 23 (23) 21 (24) 14 (13) 70 and <80 per cent % 5 (67) 5 (41) 3 (48) 9 (40) 5 (30) 60 and <70 per cent % 4 (50) 2 (71) 4 (33) 7 (64) 3 (27) <60 per cent % 1 (24) 1 (83) 2 (53) 6 (36) 2 (29) Total % 100 – 100 – 100 – 100 – 100 – Average farm business equity ratio at 30 June % 93 (2) 92 (2) 91 (2) 87 (2) 91 (1) Population of farms no. 6 626 – 6 899 – 3 990 – 1 616 – 19 130 – a Excludes debt for large corporate farms. b Equity ratio defined as total owned capital at 30 June less debt as a percentage of total owned business capital p Preliminary estimate. Note: Figures in parentheses are standard errors expressed as a percentage of the estimate. Source: Australian Agricultural and Grazing Industries Survey
AustBeef_2014_v1.1.0.docx