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The Shrimp Farming Financial Analysis/Spread Sheet for micro computers is available on three and one half inch diskette only for either Macintosh (Excel 3.0 or higher) or IBM/PC (Excel 3.0 or higher or Lotus 3.0 or higher). When ordering please specify which. US$25.00, includes a hard copy of program, a "read me" file, one diskette and shipping.

Description of the software and ordering procedures can be found under publications on the Texas Sea Grant web site at http://texas-sea-grant.tamu.edu/  or contact Stephanie Wilborn at sdw0321@acs.tamu.edu   for more information or to order program.

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Abstract (Nov. 1996 Version; Griffin and Treece, 1996)

In starting a shrimp culture business, one of the first steps is to develop a business plan. The business plan should contain a statement about the business and a financial plan. Once the basic business plan has been developed, it is necessary to demonstrate the economic feasibility over the planning horizon of the venture. This type of analysis is required by banks or investors for determining the financial success of the venture. The purpose for this program is to assist the user in conducting an economic feasibility analysis of a shrimp farm. To achieve this objective a financial analysis is conducted for a hypothetical intensive shrimp farm on the Texas coast. The hard copy of the analysis accompanying the diskette shows the results of the analysis and a "read me" file explains how to use the model and how to customize it to suite the users’ needs. The model includes seven (7) tables : 1. Unit Cost, Production, and Financial Assumptions; 2. Construction and Equipment Needs; 3. Farm Production and Inputs Used; 4. Capital Transactions and Various Financial Assumptions; 5. Pro Forma Cashflow Budget (Profit and Financial Return); 6. Pro Forma Balance Sheet; and 7. Pro Forma Income Statement (break-even analysis, sensitivity analysis). This financial model for a shrimp farm is developed in a fully integrated spread sheet. For example, if you want to change your stocking density, the model will automatically make all the changes to your cash flow, balance sheet, income statement, and rate of return.

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Fisheries Victoria (Department of Natural Resources and Environment, Victoria) has recently released an economic feasibility and financial planning modeling software tool called AQUAFarmer. The bio-economic model used can be classified as a non-optimising budget simulation which uses the growth, and FCR and mortality characteristics of a particular species and cash and accrual accounting principles to arrive at performance and profitability measures. Various scenarios using different bio-economic inputs (including risk) can be compared and contrasted. Version 1.1 has been specifically designed for recirculation aquaculture technology. The software has been developed to assist the emerging recirculation aquaculture industry and land based farmers who want to more thoroughly utilise their water resources by developing small scale fish farm systems to provide supplementary income. A comprehensive overview can be found at www.nre.vic.gov.au (via fisheries and aquaculture, aquaculture, business investment)

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