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Appendix 3
ECONOMIC DATA ON MUSSEL CULTIVATION1 YEAR 1986

A. Long Line Cultivation on 2 Hectares

A.1 Investment Cost ('000 Dr)

Land Purchase (0.4 ha)4 000
Buildings4 500
2 Boats and Engines4 000
Water Supply Work1 600
Plastic Barrels9 800
Ropes (3.000 kg)3 600
Buoys (44)2 500
Others (nets, cold storage, generator, collectors, PC, etc.)10 000
Total40 000

1 Source: Agricultural Bank of Greece, Fisheries Department Thessaloniki

A.2 Profit and Loss Account (Full Scale Production) '000 Dr

Sales (500 tonnes, Dr 100/kg)50 000
Expenditures 
- Labour5 500
- Repairs/maintenance1 600
- Fuel (car, boat)1 100
- Spat900
- Insurance300
- VAT1 500
- Others1 000
Total Expenditures11 900  
Interest on long and middle term loans3 000
Interest on short term loans1 700
Profit before depreciation33 400
Depreciation4 000
Net Profit before taxes27 400  

B. Pergolari Cultivation on 0.2 Hectares

B.1 Investment Cost ('000 Dr)

Land purchase (0.1 ha)1 000
Pipes1 100
Wires, ropes, nets800
Boat (7 m) and engine650
Car (second hand)300
Workshop buildings300
Others350
Total4 500

B.2 Profit and Loss Account (Full Scale Production) '000 Dr

Sales (30 tonnes, Drs 100/kg)3 000
Expenditures 
- Labour1 600
- Repairs/maintenance150
- Fuel100
- Other150
Total Expenditures2 000
Interest on middle and long term loans200
Interest on short term loans100
Profit before depreciation700
Depreciation400
Net profit before taxes300


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