Analysis of dairy farm assets in the Visegrad Group based on the Farm Accountancy Data Network 2015-2022 data

This study aims to investigate the milk production of the Visegrad countries (V4), to answer the question, of what differences and similarities characterize the asset structure of the dairy farms of these countries. Based on the Farm Accountancy Data Network (FADN), the size and the structure of the fixed assets, as well as the use of subsidies for investments is analyzed. The study focuses on differences and similarities in the stock of current assets, as well as the structure of liabilities. Based on the structure of assets Czech Republic and Slovakia show more similarities. Based on the results characteristics of Hungarian dairy farms are closer to the EU average, while the characteristics of Polish farms are determined by their small economic size. Due to their small size, they minimise liabilities, Polish dairy farms are characterized by a dominance of family labour. In Poland the most typical type of fixed assets is land. The tendency of the number of dairy cows and the structure of the other three countries’ assets are not significantly different from each other. Within fixed assets, breeding livestock represent a greater weight, and within current assets, non-agricultural current assets.