Table 2 Income statement over 2017 of a laying hen farm in a ‘normal year’, in a fipronil unaffected and affected state (50,000 laying hens)
From: The impact of the fipronil crisis on the financial performance of Dutch laying hen farms
Normal year (baseline) | Unaffected farm | Affected farm | |
|---|---|---|---|
Revenue | |||
Turnover (eggs) | € 987,350 | € 1,138,236 | € 527,554 |
Other returns (meat, other business activities) | € 94,600 | € 94,600 | € 94,600 |
Total revenue | € 1,081,950 | € 1,232,836 | € 622,154 |
Variable costs | |||
Feed | € 596,250 | € 596,250 | € 396,152 |
Manure disposal | € 9625 | € 9625 | € 15,010 |
Other allocated costs (e.g. maintenance) | € 79,600 | € 79,600 | € 79,600 |
Poultry house cleaning | € 10,000 | ||
Disposal contaminated eggs | € 8056 | ||
Disposal costs old flock | € 40,000 | ||
Total allocated costs | € 685,475 | € 685,475 | € 548,817 |
Gross margin | € 396,475 | € 547,361 | € 73,338 |
Fixed costs | |||
Depreciation of flock | € 148,621 | € 148,621 | € 212,500 |
Other non-allocated costs | € 230,125 | € 230,125 | € 230,125 |
Total fixed costs | € 378,746 | € 378,746 | € 442,625 |
Estimation of the profitability | |||
Net operating result | € 17,729 | € 168,615 | € −369,287 |
Estimation of the repayment capacity | |||
EBITDA (excl. depr. flock) | € 155,154 | € 306,040 | € −231,862 |