On Tue, 31 Dec 2002 10:17:34 +0000, Tim Lamb
wrote:

In article , David P
writes
What, are we not talking about UK farm profitability in terms of
Net Farm income?

If I owned a farm outright I would be able to calculate my profitability
quite easily - why would I need to deduct a rent that I don't pay?

I am not an accountant but I understand that published figures for
profitability often include a *rent equivalent*.

Net Farm income figures, per definition, come with the rental value of
owner occupied land deducted.

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On Tue, 3 Dec 2002 08:55:13 +0000, Tim Lamb
wrote:
In article , Oz
writes

Ave net farm income (that is BEFORE drawings and investment) is 15-20
UKP/ac, and has fallen 300 UKP/Ha since 1995.
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