Land consolidation is a public investment. Being an investment, it should return the invested finances within a defined period of time. As farmer is the final beneficiary of the activity, the register of incomes and expenditures kept by the farmers is necessary to estimate the future profits. Due to the fact that not all far-mers are obliged to register their financial flows, the profitability of land consoli-dation must be based on model solution, which is popular in other EU countries, e.g. in Spain and Lithuania. Analysis of positive and negative financial flows is used to estimate the linear and discount measures of the absolute evaluation of investment profitability. Negative flows are the amounts invested for the preparation and implemen-tation of a land consolidation project. Positive flows are the profits resulting from improvement of the shape of fields used in crop rotation.
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