NCTC FBM - Moorhead
STATEMENT OF CASH FLOWS, 1999
Northland Community and Technical College Farm Business Mgt.
Moorhead
(Farms sorted by Net Farm Income)
Average Of Average Of Average Of
All Farms Low 20% High 20%
---------- ---------- ----------
Number of Farms 72 14 14
(a) Beginning cash balance (farm & nonfarm) 21820 25676 25093
CASH FROM OPERATING ACTIVITIES
Gross cash farm income 490981 244228 818704
Net nonfarm income (+) 17509 29855 7938
Total cash farm expense (-) 434399 267698 668041
Apparent family living expense (-) 38647 26069 62461
Income and social security tax (-) 9927 6497 12005
(b) Cash from operations (=) 25517 -26181 84135
CASH FROM INVESTING ACTIVITIES
Sale of breeding livestock - - -
Sale of machinery & equipment (+) 2976 - 7805
Sale of farm land (+) - - -
Sale of farm buildings (+) 35 - -
Sale of other farm assets (+) 9467 1803 2617
Sale of nonfarm assets (+) 2410 - 2094
Purchase of breeding livestock (-) - - -
Purchase of machinery & equip. (-) 30009 16716 58177
Purchase of farm land (-) 17157 10990 40404
Purchase of farm buildings (-) 1076 - -
Purchase of other farm assets (-) 11140 24092 3828
Purchase of nonfarm assets (-) 7266 9554 1852
(c) Cash from investing activities (=) -51760 -59550 -91745
CASH FROM FINANCING ACTIVITIES
Money borrowed 339980 243388 485885
Cash gifts and inheritances (+) 1271 284 -
Principal payments (-) 300425 148484 481658
Dividends paid (-) 700 - -
Gifts given (-) 269 - 143
(d) Cash from financing activities (=) 39856 95188 4084
(e) Net change in cash balance (b+c+d) 13614 9457 -3526
Ending cash balance (farm & nonfarm) 35434 35134 21567