ENGLISH


represents the reward to the farmer after imputing a value to the
OPPORTUNITY COST of his MANAGEMENT, INVESTMENT CAPITAL and family
labour.


178 NET FARM EARNINGS STATEMENT


F: COMPETE D'ENTREPRISE
S: CUENTA DE LA EMPRESA


An extension of the PROFIT AND LOSS ACCOUNT to take account of the
OPPORTUNITY COSTS OF THE FARM and give NET FARM EARNINGS.


179 NET FARM INCOME


 F: REVENUE AORICOLE,
RESULTAT D'EXPLOITATION
S: BENEFICIO NETO TOTAL


GROSS FARM INCOME minus total farm COSTS. It is the reward to the
farm family for their labour and management together with the
return on all the capital invested in the farm, whether borrowed
or not.


180 NET PRESENT VALUE


F: BENEFICE ACTUALISE
S: VALOR PRESENT NETO


The net total of the discounted values of the set or flow of
PAYMENTS and RECEIPTS associated with a given project or farm
development plan. See also DISCOUNTING.


181 NON-FARM INCOME ACCOUNT


F: COMPETE DE L'EXPLOITANT,
 COMPETE PRIVE
 S: CUENTA DEL EMPRESARIO


An account kept of non-farm receipts and expenses to determine
non-farm net income which, when added to NET FARM INCOME, equals
FAMILY EARNINGS.
See FARM FINANCIAL ANALYSIS.


182 NON-FARM REVENUE


 F: APPORTS PRIVES
S: INGRESOS NO AQRICOLAS


Revenue obtained from non-FARM activities.


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