Tangible fixed assets in Czech small and middle-sized farms

Abstract

The aim of this paper is to analyse the development, structure and efficiency of tangible fixed assets in the Czech farms and identify the factors that affect it. The data of farms in the period of 2003 to 2018 were used and sorted by the size of these farms. This paper evaluates the proportional development between the development of the volume of the tangible fixed assets and the volume of revenues. The development of tangible fixed assets and their structure in the reference period points to the efforts of farms to invest primarily in self-farmed land is taken into consideration. It turns out that investment activities are more affected by the overall economic situation of the farm and operating subsidies than by the possibility of drawing capital support.

Keywords

• agriculture
• tangible fixed assets
• investments
• small enterprises
• middle enterprises