NCTC FBM - Moorhead
DEPRECIATION AND OTHER CAPITAL ADJUSTMENTS, 1999
Northland Community and Technical College Farm Business Mgt.
Moorhead
(Farms sorted by Net Farm Income)
Average Of Average Of Average Of
All Farms Low 20% High 20%
----------- ----------- -----------
Number of Farms 72 14 14
Net operating profit 96683 7768 242350
BREEDING LIVESTOCK
Ending inventory 1089 143 5457
Capital sales - - -
Beginning inventory 1194 1514 4629
Capital purchases - - -
Depreciation, capital adj. -106 -1371 829
MACHINERY AND EQUIPMENT
Ending inventory 203625 115755 344916
Capital sales 2976 - 7805
Beginning inventory 198083 111653 330714
Capital purchases 30009 16716 58177
Depreciation, capital adj. -21491 -12614 -36170
BUILDINGS AND IMPROVEMENTS
Ending inventory 30407 27317 45747
Capital sales 35 - -
Beginning inventory 30144 27660 46753
Capital purchases 1076 - -
Depreciation, capital adj. -779 -344 -1005
OTHER CAPITAL ASSETS
Ending inventory 226990 96245 288925
Capital sales 9467 1803 2617
Beginning inventory 221584 73422 284852
Capital purchases 11140 24092 3828
Depreciation, capital adj. 3733 534 2862
Total depreciation, capital adj. -18642 -13795 -33485
Net farm income 78041 -6027 208865