HC Deb 07 May 1991 vol 190 cc440-1W
Mr. Ieuan Wyn Jones

To ask the Secretary of State for Wales if he will publish figures showing the level of investment in new buildings, plant and machinery in farms in Wales in each of the last 15 years according to farm size and farm type.

Mr. David Hunt

Investment details by farm type and size are not available. Figures for aggregate capital formation in plant and machinery are however published in "Farm Incomes in Wales", volume 4, table 3.11, and average investment per farm, by type and tenure is collected as part of the farm business survey and published annually in the same source.

Mr. Ieuan Wyn Jones

To ask the Secretary of State for Wales if he will publish figures showing the amount of total interest bills and outstanding bank advances secured by farms in Wales in each of the last 15 years according to farm size and farm type.

Mr. David Hunt

This information is not available for the number of years or in the form requested. Data collected since 1985–86 shows average bank advances outstanding and interest payments made per farm to be as follows:

£000
1985–86 1986–87 1987–88 1988–89
LFA Livestock Farms
Average Bank Advance 17.9 23.2 35.7 23.9
Interest Payments 2.6 3.7 4.9 3.6
All Dairy Farms
Average Bank Advance 39.6 29.1 32.3 30.0
Interest Payments 4.8 5.1 4.3 4.2

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