In article ,
says...
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*. This is presumably to
make comparisons easier.

Oh I quite agree that to compare across freehold and tenanted adjustments
have to be made to the figures. To compare like with like in many
different areas adjustments have to be made.
--
David
Visit http://www.farm-direct.co.uk for your local farmgate food supplies.
FAQ's, Glossary, Farming Year and more!