Assets
What is this page?
This page is used to record total farm assets.
How does this page interact with other pages?
Values for Plant & Machinery can be applied with a Depreciation rate to calculate a total Annual Depreciation figure, shown in the Fixed Costs page. Values for this and the remaining asset types (Land & Fixed Improvements, Inventories, Livestock and Other) are used in the calculations for Return on Investment (%) in the Profit page.
- Note: the remaining asset types will not form part of the depreciation costs.
How to add assets
1. Enter an estimated value of your land including the value of all fixed improvements ($). For example, dams, buildings, etc.
2. Enter the value of any livestock ($), if applicable.
3. Estimate the value of any inventory ($). For example, fertiliser.
4. Enter additional assets as required ($).
What about Plant and Machinery?
If you have entered machinery values (etc.) into the full Depreciation Schedule (using option 2), the value of plant and machinery will be shown here.
- If not, then please enter an estimated current value of all plant and machinery.