The following are examples of the options open to landowners on the various agricultural schemes in operation. For example farmer John

· Total farm size = 40 hectares
· Single farm payment = €15,000 - therefore 40 ha equals €375/ha
· Is going to join R.E.P.S 4
· Farm is in a less severely disadvantaged area

Example 1

R.E.P.S

20ha @ 234/ha

€4680

Area Aid

20ha @ 82/ha

€1640

Plant 20 ha (min payment)

20ha @ 479/ha

€9580  

F.E.P.S

20 ha @ 200/ha

€4000

Single payment

Stacked on 20 ha

€15,000

Total
€34,900

Example 2

R.E.P.S total 28 ha

20 ha @234/ha

€4680

 

8 ha @ 205/ha

€1640

Area Aid

28 ha @ 82/ha

€2296

Plant 12 ha (min payment)

12 ha @ 479/ha

€5748

F.E.P.S

12 ha @ 200/ha

€2400

Single payment

Stacked on 28/ha

€15,000

Total

 

€31,764

Example 3

R.E.P.S total 10 ha

10 ha @ 234/ha

€2340

Area Aid

10 ha @ 82/ha

€820

Plant 30 ha (min payment)

30 ha @ 479/ha

€14,370

F.E.P.S

30 ha @ 200/ha

€6000

Single payment

10 ha @ 375/ha

€3750

Total
€27,280

Note, Example 3.
· Disposed of 30 entitlements.
· Expected clawback = 15% of entitlements = 4.5 entitlements.
· Net sales of entitlements = 25.5 entitlements with face value of 375/entitlement.

o 25.5 * 375 *________. = __________