Statement Of Cash Flows
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 |
Beginning cash (farm & nonfarm) | 29,152 | 31,092 | 20,003 | 61,107 |
Cash From Operating Activities | ||||
Gross cash farm income | 708,428 | 125,445 | 609,524 | 1,282,369 |
Net nonfarm income | 17,273 | 32,147 | 12,208 | 7,873 |
Total cash farm expense | -586,899 | -97,563 | -501,063 | -1,038,904 |
Apparent family living expense | -57,833 | -34,181 | -53,432 | -68,291 |
Income and social security tax | -13,100 | -6,931 | -8,517 | -24,035 |
Cash from operations | 67,868 | 18,917 | 58,720 | 159,011 |
Cash From Investing Activities | ||||
Sale of breeding livestock | - | - | - | - |
Sale of machinery & equipment | 4,580 | 3,791 | 4,778 | 9,056 |
Sale of titled vehicles | 1,558 | - | - | 7,500 |
Sale of farm land | 1,623 | - | 7,813 | - |
Sale of farm buildings | - | - | - | - |
Sale of other farm assets | 8,764 | 3,794 | 16,362 | 18,861 |
Sale of nonfarm assets | 1,207 | 1,850 | 894 | 2,544 |
Purchase of breeding livestock | - | - | - | - |
Purchase of machinery & equip. | -57,512 | -8,619 | -59,859 | -102,432 |
Purchase of titled vehicles | -3,829 | -67 | -5,625 | -10,631 |
Purchase of farm land | -12,225 | - | -8,688 | -17,350 |
Purchase of farm buildings | -3,304 | - | - | -8,266 |
Purchase of other farm assets | -1,664 | -2,333 | -5,225 | - |
Purchase of nonfarm assets | -16,724 | -10,806 | -11,568 | -34,918 |
Cash from investing activities | -77,524 | -12,391 | -61,118 | -135,636 |
Cash From Financing Activities | ||||
Money borrowed | 381,465 | 41,879 | 344,949 | 672,250 |
Cash gifts and inheritances | 1,495 | 1,393 | 1,815 | - |
Principal payments | -365,605 | -43,481 | -346,001 | -676,703 |
Dividends paid | -4,039 | - | - | -19,437 |
Gifts given | - | - | - | - |
Cash from financing activities | 13,315 | -208 | 763 | -23,891 |
Net change in cash balance | 3,659 | 6,317 | -1,635 | -516 |
Ending cash (farm & nonfarm) | 32,811 | 37,409 | 18,368 | 60,591 |