average per farm, 2008‒09 to 2012‒13p continued Farm capital and debt unit Area planted to grains, oilseeds and pulses All grain Specialist grain Top 25% producing producing farms specialist grain <600 hectares 600 to 1200 1200 to 2400 >2400 hectares farms producing farms hectares hectares farm capital used at $ 3 170 900 4 619 400 6 784 900 11 319 600 4 223 600 4 392 100 5 705 800 30 June Farm business debt at $ 309 700 787 700 1 123 500 2 706 500 595 300 682 600 941 300 30 June Equity ratio % 89 80 80 73 84 82 81 Debt servicing Interest-to-receipts ratio % 8 9 7 9 8 7 6 Interest and principal to % 23 26 23 21 23 21 20 receipts ratio Number of farms no 10 400 2 500 2 100 700 15 600 8 100 2 000 p Preliminary estimate. Source: Australian Agricultural and Grazing Industries Survey
average per farm, 2008‒09 to 2012‒13p continued Farm capital and debt 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 1200 hectares 1200 to 2400 hectares >2400 hectares farm capital used at 30 June $ 3 170 900 4 619 400 6 784 900 11 319 600 4 223 600 4 392 100 5 705 800 Farm business debt at 30 June $ 309 700 787 700 1 123 500 2 706 500 595 300 682 600 941 300 Equity ratio % 89 80 80 73 84 82 81 Debt servicing Interest-to-receipts ratio % 8 9 7 9 8 7 6 Interest and principal to receipts ratio % 23 26 23 21 23 21 20 Number of farms no 10 400 2 500 2 100 700 15 600 8 100 2 000 p Preliminary estimate. Source: Australian Agricultural and Grazing Industries Survey
AustFinPerfGrnProdFrm2014_v.1.0.0.docx