continued average per farm 2009–10 to 2013–14p Financial performance unit Area planted to grains, oilseeds and pulses All grain Specialist grain Top 25% producing producing specialist grain farms farms producing <600 hectares 600 to 1 200 1 200 to 2 400 >2 400 hectares farms hectares hectares Rate of return % 1.2 3.6 5.1 6.2 3.1 4.3 8.8 excluding capital appreciation – % 1.2 3.6 5.8 7.2 3.4 4.8 10 including capital appreciation – Farm capital at 30 June $ 2 931 800 4 645 100 6 422 000 11 298 900 4 091 700 4 380 000 5 616 200 Farm debt at 30 June $ 311 300 776 700 1 085 500 2 665 100 607 900 702 100 941 600 Equity ratio % 88 81 80 74 83 82 81 Debt servicing Interest-to-receipts ratio % 8 8 7 8 7 7 6 Interest and principal to receipts % 21 25 22 21 22 20 19 ratio Number of farms no. 9 800 2 600 2 000 700 15 100 8 400 2 100 p Preliminary estimate. Source: ABARES Australian Agricultural and Grazing Industries Survey
continued average per farm 2009–10 to 2013–14p Financial performance unit Area planted to grains, oilseeds and pulses All grain producing farms Specialist grain producing farms Top 25% specialist grain producing farms <600 hectares 600 to 1 200 hectares 1 200 to 2 400 hectares >2 400 hectares Rate of return – excluding capital appreciation % 1.2 3.6 5.1 6.2 3.1 4.3 8.8 – including capital appreciation % 1.2 3.6 5.8 7.2 3.4 4.8 10 Farm capital at 30 June $ 2 931 800 4 645 100 6 422 000 11 298 900 4 091 700 4 380 000 5 616 200 Farm debt at 30 June $ 311 300 776 700 1 085 500 2 665 100 607 900 702 100 941 600 Equity ratio % 88 81 80 74 83 82 81 Debt servicing Interest-to-receipts ratio % 8 8 7 8 7 7 6 Interest and principal to receipts ratio % 21 25 22 21 22 20 19 Number of farms no. 9 800 2 600 2 000 700 15 100 8 400 2 100 p Preliminary estimate. Source: ABARES Australian Agricultural and Grazing Industries Survey
AustFinPerfGrnProdFrm2015_v.1.0.0.docx