Balance sheet template - GRDC€¦ · Balance sheet template How to complete your balance sheet is...

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Balance sheet template How to complete your balance sheet is outlined in section 5.3.1, Balance sheet, Module 2, of GRDC’s ‘Farming the Business’. Current assets: Livestock Cash Other (grain pools & grain-on-hand) Total current assets Non-current assets: Machinery (written down value) Land Total non-current assets A: Total assets (farm): Current liabilities: Overdraft + stock mortgage Non-current liabilities: Land related Machinery related B: Total liabilities (farm) C: Net worth (farm) (A - B = C ) Source: P2PAgri P/L This template to complete your balance sheet can be downloaded at: www.grdc.com.au/FBMtemplate-BalanceSheet

Transcript of Balance sheet template - GRDC€¦ · Balance sheet template How to complete your balance sheet is...

Balance sheet template

How to complete your balance sheet is outlined in section 5.3.1, Balance sheet, Module 2, of GRDC’s ‘Farming the Business’.

Current assets:

Livestock

Cash

Other (grain pools & grain-on-hand)

Total current assets

Non-current assets:

Machinery (written down value)

Land

Total non-current assets

A: Total assets (farm):

Current liabilities:

Overdraft + stock mortgage

Non-current liabilities:

Land related

Machinery related

B: Total liabilities (farm)

C: Net worth (farm) (A-B=C )

Source: P2PAgri P/L

This template to complete your balance sheet can be downloaded at: www.grdc.com.au/FBMtemplate-BalanceSheet