Thursday, December 20, 2012

land up in value

In 1986 Scottish farmers had an estimated net worth of around £5.8 billion, land valued at £4.8bn, representing 68% of total assets. In 2011 figures reveal that total assets had grown to £38.4bn, of which land and buildings had increased as a percentage to 88%.

They also now owe lot less.  In 1986 liabilities were 17% of total assets. 2011 it i now only 6%

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