Izvorni znanstveni članak
https://doi.org/10.5513/JCEA01/18.1.1886
Analysis of the asset position of the Hungarian pig farming sector based on the data of the Farm Accountancy Data Network (FADN)
Ildikó ÁBEL
; University of Pannonia, Georgikon Faculty, Department of Economic Methodology and Department of Economics and Social Sciences, 8360 Keszthely, Deák Ferenc u. 16., Hungary
Nóra HEGEDŰSNÉ BARANYAI
; University of Pannonia, Georgikon Faculty, Department of Economic Methodology and Department of Economics and Social Sciences, 8360 Keszthely, Deák Ferenc u. 16., Hungary
Gabriella BÁNHEGYI
; University of Pannonia, Georgikon Faculty, Department of Economic Methodology and Department of Economics and Social Sciences, 8360 Keszthely, Deák Ferenc u. 16., Hungary
Sažetak
The goal of the study was the examination of the Hungarian pig sector with particular attention paid to the available assets, to the composition of the non-current assets, to the depreciation value, to the value of gross and net investments and to the value of various supports. It was found that the position of individual farms was more unfavorable; only from 2012 exceeded the value of their investments the value of depreciation, consequently these investments did not result in farm development. Corporate farms on the other hand were able to increase their investments - partly because they were more successful in utilizing the various support measures. Although individual farms had an increased value of investment in the last examined year, the statement above is still valid. Companies characteristically invested in highvalue fixed assets, particularly in real estate property, while individual farms preferred intermediate assets, particularly machinery and breeding stock. The results of the study also show that farms keeping fewer pigs (below 50 livestock units) chose to increase the size of their breeding stock while reducing their real estate and machinery investment. In the case of medium size pig farms (livestock units 50-150) the situation were more diverse. In 2010 the biggest investment activity occurred in increasing the size of the breeding stock, in 2011 in real estate investment and from 2012 machinery investment had the biggest value. Farms having more than 150 livestock units purchased mainly breeding stock in the first two years, and invested in real estate property from 2012. The small and medium size pig farms realized negative net investment indicating a decreasing productive capacity and falling behind in terms of development. These farms were not able to replace their depreciated assets. In terms of developments only the big pig farms were successful having sufficient resources and successful partaking in the various support schemes. It is evident that farms with lower LSU hardly were able to invest in fixed assets. Bigger pig farms did make some investments but further research is necessary to determine the nature of these; whether they contributed to innovation, helped realizing animal welfare measures, or rather increased the productive capacity.
Ključne riječi
depreciation; fixed asset; investment; investment support; pig farming sector
Hrčak ID:
178349
URI
Datum izdavanja:
24.3.2017.
Posjeta: 1.575 *