Income of Farm Operators from Farming Operations, 2006-2016 ($'000)


Item
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
+ Total farm cash receipts
8,806,348 9,272,840 10,046,738 9,684,732 10,206,796 11,094,699 12,054,263 12,382,263 12,721,068 12,804,118 12,966,823
- Operating expenses after rebates
7,572,536 8,050,336 8,553,133 8,465,811 8,392,146 8,868,875 9,468,535 9,727,466 10,050,894 10,265,437 10,207,687
= Net cash income
1,233,812 1,222,504 1,493,605 1,218,921 1,814,650 2,225,824 2,585,728 2,654,797 2,670,174 2,538,681 2,759,136
+ Income-in-kind
9,712 9,082 8,802 8,407 8,595 9,606.06 9,406 9,960 12,115 12,921 11,525
- Depreciation
1,123,904 1,145,495 1,176,544 1,217,194 1,212,000 1,285,354 1,338,450 1,375,541 1,410,057 1,472,050 1,486,723
= Realized net income
119,620 86,090 325,863 10,134 611,245 950,076 1,256,684 1,289,216 1,272,232 1,079,552 1,283,938
+ Value of inventory change
-130,297 -228,753 44,205 -317 -84,155 393,439 -72,246 54,197 -76,432 221,533 -70,543
= Total net income
-10,677 -142,663 370,069 9,818 527,090 1,343,515 1,184,438 1,343,413 1,195,800 1,301,085 1,213,394

 

Reference: Statistics Canada, Catalogue No. 21-010; OMAFRA for additional calculations


Author :  
Joseline Nicholas - Economist/OMAFRA
Last Reviewed :  
30 May 2017

For more information:
E-mail: stats.omafra@ontario.ca