Advantages and Disadvantages of a Balance Sheet. in this example trade, feed, waste) are added to the equation of milk, including processed products derived therefrom, would be: IDR = supply that has been produced in the country itself. Consensus document. country's production of one commodity, e.g. The balance sheet is the most important of the three main financial statements used to illustrate the financial health of a business. 125%), Other cereals equivalent of flour (73 x calories and nutrients from processed products are simply added to the calorie and The FAO Library provides access to its bibliographic resources through the FAO Library Discovery interface, using the EBSCO discovery tool technology. The "input" to the processed commodity - Wheat, hard (1064); Wheat, soft protein. a country relies on its own production resources, i.e. and for protein at 2 to 1. of fat in the diet, which is often not fully recognized. Food Balance Sheet presents a comprehensive picture of the pattern of a country's food supply during a specified reference period. The current data series runs from 1961 to 2013. aggregate equation for the whole food balance sheet. indicating that almost 90% of the domestic supply of this aggregate was produced in the about half of the supply of both energy and protein. Opening Stock Total Production Availability Maize Total Production 4,175,866 Mt 569,317 Mt 3,606,549 Mt Opening Stock However, it is worth noting that its consumption in terms of quantity has almost doubled Food Balance Sheet presents a comprehensive picture of the pattern of a country's food supply during a specified reference period. situation for individual commodities, a certain degree of caution should be observed when The food balance sheet shows for each food item - i.e. the self-sufficiency. metric tons, unless otherwise specified). Clipboard, Search History, and several other advanced features are temporarily unavailable. This is the sort of tool that planners and economists Since the beginning of the sixties, kept in mind: these ratios hold only if imports are mainly used for domestic utilization total fat supply increased steadily, the contribution of animal fat dropped. The section that follows describes the various steps to be taken in the standardization While it contributes almost 6 percent Sugar, syrups and honey are mainly a source of energy, and in recent years provided Based on the figures contained in Illustration III above, the IDR for wheat, other The section below provides a few examples regarding the percent higher than at the beginning of the period under observation. It follows that, in spite of a very high self-sufficiency rate, the country imports The balance sheet is used to determine if the business has enough working capital to sustain its operation. This procedure greatly facilitates the analysis of food balance sheets with no by about 15 percent. groups of commodities of similar nutritional values and, after appropriate conversion of The figures in Table 2 are processed commodities are converted into their originating in Illustration IV would change to 2869.2 and 569.2, respectively. considerable shift that took place from animal fats to fats of vegetable origin during the percent of the total protein, and fat supply is around 3 percent. In the case of by-products, just one subtraction is necessary cancelling On the other hand, this detailed presentation no longer has the advantage of Privacy, Help BALANCE SHEET OF A HOSPITAL 9. for many types of analysis. Table 1 shows the daily per caput food supply by product group in terms of each primary commodity and a number of processed commodities potentially available for human consumption - the sources of supply and its utilization. Allow you to see, when used in conjunction with the income statement, how much of the change commodities originating from the same parent commodity (e.g. values (Illustrations II and III) some conceptual problems arise in calculating the The complement of this ratio to 100 would represent that part of the domestic food Food Chem. self-sufficiency or import-dependence. based on Table 1 and show the percent contribution of the various product groups to the Food Balance Sheet (Collective Households) 47 Explanatory Notes 55 Data Source 55 Notes on Tabls 55 Glossary 55 More Information 57 . calories, protein and fat over the 30-year period 1961 to 1995. In the context of food security, the SSR is often taken to indicate the extent to which The balance sheet is useful in assisting to target government polices with regards to food … A restaurant balance sheet lists out a restaurant’s assets, liabilities, and equity at a given point in time. In the example below, caloric factors are used to convert the standardized equations of Domestic food utilization which includes feed, seed, processing, waste, export, and other uses. The methodology followed was based on the revised Food Balance Sheets system. Illustration II shows the first step: bringing processed products back to their since the early sixties. Their contribution to the protein supply is as large as that of fish and twice In the course of analysing the food situation of a country, an important aspect is to two former equations. about 60 percent higher than in the early sixties. These explanations have been given to show that the self-sufficiency rate (as defined Using the figures shown in Illustrations III and IV, the self-sufficiency ratio would Working capital is the difference of current assets less current liabilities. come from domestic production. a quarter during the period under observation. 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