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 | 76 | 15 | 15 | 16 |
| Net operating profit | 106,176 | 8,988 | 79,818 | 232,891 |
| Breeding Livestock | ||||
| Ending inventory | 18 | - | - | - |
| Capital sales | 5 | - | - | - |
| Beginning inventory | 63 | - | - | 188 |
| Capital purchases | - | - | - | - |
| Depreciation, capital adjust. | -39 | - | - | -188 |
| Machinery and Equipment | ||||
| Ending inventory | 302,441 | 218,091 | 290,520 | 450,684 |
| Capital sales | 6,616 | 3,303 | 4,540 | 891 |
| Beginning inventory | 272,898 | 215,683 | 241,619 | 404,204 |
| Capital purchases | 65,223 | 27,048 | 79,744 | 91,131 |
| Depreciation, capital adjust. | -29,064 | -21,338 | -26,302 | -43,761 |
| Buildings and Improvements | ||||
| Ending inventory | 51,653 | 49,560 | 40,425 | 64,970 |
| Capital sales | - | - | - | - |
| Beginning inventory | 37,335 | 45,737 | 24,182 | 49,394 |
| Capital purchases | 15,876 | 5,827 | 17,018 | 18,810 |
| Depreciation, capital adjust. | -1,558 | -2,004 | -775 | -3,235 |
| Other Capital Assets | ||||
| Ending inventory | 232,053 | 138,669 | 209,344 | 349,915 |
| Capital sales | 5,723 | 1 | 307 | 3,029 |
| Beginning inventory | 212,989 | 129,191 | 197,613 | 325,773 |
| Capital purchases | 15,908 | 1,667 | 2,593 | 4,863 |
| Depreciation, capital adjust. | 8,879 | 7,812 | 9,446 | 22,309 |
| Total depreciation, capital adj. | -21,783 | -15,530 | -17,631 | -24,874 |
| Net farm income | 84,393 | -6,542 | 62,187 | 208,016 |