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 | 78 | 15 | 15 | 16 |
| Net operating profit | 162,111 | 31,763 | 150,751 | 322,500 |
| Breeding Livestock | ||||
| Ending inventory | 1,395 | - | 120 | 6,690 |
| Capital sales | - | - | - | - |
| Beginning inventory | 1,006 | - | 200 | 4,718 |
| Capital purchases | 62 | - | - | 303 |
| Depreciation, capital adjust. | 327 | - | -80 | 1,669 |
| Machinery and Equipment | ||||
| Ending inventory | 281,137 | 62,946 | 249,890 | 501,411 |
| Capital sales | 2,750 | 1,107 | - | 7,870 |
| Beginning inventory | 244,198 | 61,839 | 219,311 | 442,696 |
| Capital purchases | 67,584 | 8,196 | 57,486 | 116,827 |
| Depreciation, capital adjust. | -27,895 | -5,981 | -26,907 | -50,242 |
| Buildings and Improvements | ||||
| Ending inventory | 37,051 | 19,102 | 23,098 | 67,244 |
| Capital sales | - | - | - | - |
| Beginning inventory | 27,025 | 18,808 | 21,791 | 41,085 |
| Capital purchases | 11,239 | 947 | 2,003 | 28,573 |
| Depreciation, capital adjust. | -1,214 | -653 | -695 | -2,415 |
| Other Capital Assets | ||||
| Ending inventory | 213,565 | 38,146 | 197,084 | 426,497 |
| Capital sales | 10,093 | - | 2,303 | 9,835 |
| Beginning inventory | 213,714 | 40,961 | 165,120 | 424,119 |
| Capital purchases | 6,715 | - | 34,717 | - |
| Depreciation, capital adjust. | 3,229 | -2,815 | -450 | 12,213 |
| Total depreciation, capital adj. | -25,552 | -9,450 | -28,133 | -38,775 |
| Net farm income | 136,558 | 22,313 | 122,619 | 283,725 |