Depreciation and Other Capital Adjustments
Farm Business Management - Moorhead
Northland Community & Technical College
(Farms Sorted By Net Farm Income)
| Avg. Of | ||||
| All Farms | Low 20% | 40 - 60% | High 20% | |
| Number of farms | 77 | 15 | 16 | 16 |
| Net operating profit | 225,514 | 30,306 | 195,750 | 501,092 |
| Breeding Livestock | ||||
| Ending inventory | 27 | - | - | - |
| Capital sales | - | - | - | - |
| Beginning inventory | 18 | - | - | - |
| Capital purchases | - | - | - | - |
| Depreciation, capital adjust. | 9 | - | - | - |
| Machinery and Equipment | ||||
| Ending inventory | 337,660 | 63,533 | 296,337 | 604,402 |
| Capital sales | 6,138 | 3,791 | 4,778 | 16,556 |
| Beginning inventory | 315,279 | 65,390 | 264,518 | 564,234 |
| Capital purchases | 61,341 | 8,686 | 65,484 | 113,063 |
| Depreciation, capital adjust. | -32,822 | -6,752 | -28,887 | -56,339 |
| Buildings and Improvements | ||||
| Ending inventory | 48,801 | 13,102 | 73,645 | 61,393 |
| Capital sales | - | - | - | - |
| Beginning inventory | 47,423 | 13,557 | 76,375 | 55,612 |
| Capital purchases | 3,304 | - | - | 8,266 |
| Depreciation, capital adjust. | -1,926 | -454 | -2,730 | -2,484 |
| Other Capital Assets | ||||
| Ending inventory | 261,778 | 23,886 | 182,559 | 588,685 |
| Capital sales | 8,764 | 3,794 | 16,362 | 18,861 |
| Beginning inventory | 256,515 | 25,595 | 186,400 | 579,589 |
| Capital purchases | 1,664 | 2,333 | 5,225 | - |
| Depreciation, capital adjust. | 12,363 | -249 | 7,297 | 27,958 |
| Total depreciation, capital adj. | -22,375 | -7,455 | -24,320 | -30,866 |
| Net farm income | 203,139 | 22,851 | 171,430 | 470,226 |