Depreciation and Other Capital Adjustments
Farm Business Management - Moorhead
Northland Community and Technical College
(Farms Sorted By Net Farm Income)
| Avg. Of | ||||
| All Farms | Low 20% | 40 - 60% | High 20% | |
| Number of farms | 73 | 14 | 14 | 15 |
| Net operating profit | 113,395 | 12,751 | 87,570 | 259,419 |
| Breeding Livestock | ||||
| Ending inventory | 58 | - | - | - |
| Capital sales | - | - | - | - |
| Beginning inventory | 33 | - | - | - |
| Capital purchases | 59 | - | - | - |
| Depreciation, capital adjust. | -35 | - | - | - |
| Machinery and Equipment | ||||
| Ending inventory | 208,694 | 125,447 | 162,406 | 332,642 |
| Capital sales | 2,772 | 1,788 | 2,334 | 6,366 |
| Beginning inventory | 186,542 | 106,896 | 140,409 | 312,756 |
| Capital purchases | 45,278 | 30,278 | 41,812 | 60,272 |
| Depreciation, capital adjust. | -20,354 | -9,939 | -17,481 | -34,019 |
| Buildings and Improvements | ||||
| Ending inventory | 28,619 | 14,256 | 16,856 | 50,523 |
| Capital sales | - | - | - | - |
| Beginning inventory | 26,704 | 12,449 | 15,820 | 43,886 |
| Capital purchases | 3,138 | 2,200 | 1,795 | 9,220 |
| Depreciation, capital adjust. | -1,223 | -392 | -759 | -2,583 |
| Other Capital Assets | ||||
| Ending inventory | 210,920 | 54,044 | 155,054 | 458,497 |
| Capital sales | 4,777 | - | 1,531 | 21,794 |
| Beginning inventory | 208,468 | 54,005 | 149,591 | 458,389 |
| Capital purchases | 1,717 | 400 | 4,436 | 3,217 |
| Depreciation, capital adjust. | 5,512 | -361 | 2,558 | 18,685 |
| Total depreciation, capital adj. | -16,099 | -10,693 | -15,681 | -17,917 |
| Net farm income | 97,296 | 2,058 | 71,888 | 241,501 |