capital in the form of cash or debtors, raw materials, finished products and work in progress required for a company to carry on its business, Circulating capital consists of the following: (a) stocks, products of the holding and supplies in store; (b) other circulating capital; - value of cultivations (limited to the value of fertilizers, soil improvers, seeds and seedlings used for the growing crop, excluding seedlings for permanent crops), - holdings of agricultural shares (shares in cooperative or other organizations whose services are used by the holding); - sundry debtors; amounts receivable in the short-term in respect of sales of produce or fixed assets or the provision of services, sums paid in advance for goods and services, - cash balances (in hand, at the bank, in postal giro account) necessary for running the holding.