IFAC Accountants

FINANCIAL MANAGEMENT REPORT EXAMPLE

Comparative Analysis Report
Mainly Creamery Milk		Your Farm		Ave.		Top 10%
No. Of Farms.				1488		149
Acres Farmed (Adj)		115		121		99

Gross Farm Income	Total (#)	120776		107993		131142
Per Acre		1050		893		1325

Costs (less interest) Per Acre		781		622		734

Profit (before Interest) Per Acre		269		270		591

Profit as % of Gross Farm Income		25.7		30.3		44.6


Breakdown of Costs as % Of Gross Farm Income
Breakdown of Costs as % Of Gross Farm Income				%		%
Fertiliser		9.3		7.0		5.6
Seed and Spray		0.6		0.7		0.6
Purchased Feed		14.1		15.1		12.3
Wages And Casual Labour		0.3		2.9		2.3
Vet, Med, AI.		3.8		4.7		4.2
Levies, Insurance, Transport		3.6		4.0		3.5
Machinery Leasing		6.0		0.5		0.4
Conacre/Land Leasing		0.0		2.7		1.6
Milk Quota Leasing		0.7		0.6		0.6
* Fuel		0.6		1.8		1.2
* Machinery Repairs		1.6		3.4		2.2
* Machinery Depreciation		8.1		4.6		3.4
* Contractor		5.7	15.9	5.4	15.2	4.1	10.9
Building, Land Depreciation		1.2		3.5		2.6
Building , Land Upkeep		6.1		2.9		2.0
Light, Power Tele, Car		8.4		5.0		4.2
Interest		0.2		3.8		3.0
Miscellaneous		4.4		5.0		4.2


Breakdown Of Output
- Creamery Milk		81.9		78.70		83.40
- Liquid Milk		0.0		0.30		0.00
- Cattle		18.1		19.80		16.90
- Sheep + Wool		0.0		0.50		0.50
- Tillage		0.0		0.60		0.30
- Other Stock		0.0		0.00		0.00

Inter Enterprise transfers are not included.