Statement Of Cash Flows
Moorhead Farm Business Management
Northland Community and Technical College Farm Business Management
(Farms Sorted By Net Farm Income)
| Avg. Of | |||
| All Farms | Low 20% | High 20% | |
| Number of farms | 72 | 14 | 15 |
| Beginning cash (farm & nonfarm) | 25,867 | 13,720 | 38,430 |
| Cash From Operating Activities | |||
| Gross cash farm income | 495,436 | 215,703 | 742,498 |
| Net nonfarm income | 13,473 | 10,222 | 4,304 |
| Total cash farm expense | -416,725 | -187,871 | -573,130 |
| Apparent family living expense | -40,163 | -20,915 | -47,331 |
| Income and social security tax | -10,124 | -6,464 | -22,154 |
| Cash from operations | 41,898 | 10,676 | 104,186 |
| Cash From Investing Activities | |||
| Sale of breeding livestock | - | - | - |
| Sale of machinery & equipment | 3,246 | 825 | 1,779 |
| Sale of farm land | 1,363 | - | - |
| Sale of farm buildings | - | - | - |
| Sale of other farm assets | 6,214 | 2,432 | 19,453 |
| Sale of nonfarm assets | 2,634 | - | - |
| Purchase of breeding livestock | - | - | - |
| Purchase of machinery & equip. | -35,437 | -21,330 | -43,123 |
| Purchase of farm land | -8,313 | - | -39,900 |
| Purchase of farm buildings | -1,504 | -1,011 | -1,637 |
| Purchase of other farm assets | -2,111 | - | -700 |
| Purchase of nonfarm assets | -12,619 | -3,570 | -17,362 |
| Cash from investing activities | -46,526 | -22,654 | -81,490 |
| Cash From Financing Activities | |||
| Money borrowed | 261,133 | 105,493 | 411,306 |
| Cash gifts and inheritances | 2,564 | 3,360 | 1,347 |
| Principal payments | -255,918 | -96,443 | -438,271 |
| Dividends paid | - | - | - |
| Gifts given | -65 | - | - |
| Cash from financing activities | 7,714 | 12,410 | -25,618 |
| Net change in cash balance | 3,085 | 431 | -2,922 |
| Ending cash (farm & nonfarm) | 28,952 | 14,152 | 35,509 |