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 | 75 | 15 | 15 | 15 |
| Net operating profit | 149,441 | 20,132 | 116,771 | 350,157 |
| Breeding Livestock | ||||
| Ending inventory | 1,046 | 200 | - | 4,832 |
| Capital sales | - | - | - | - |
| Beginning inventory | 56 | 280 | - | - |
| Capital purchases | 489 | - | - | 2,244 |
| Depreciation, capital adjust. | 502 | -80 | - | 2,588 |
| Machinery and Equipment | ||||
| Ending inventory | 248,445 | 91,192 | 210,286 | 417,382 |
| Capital sales | 3,167 | 267 | 1,267 | 9,158 |
| Beginning inventory | 206,192 | 76,689 | 189,381 | 318,427 |
| Capital purchases | 68,782 | 23,901 | 43,642 | 148,378 |
| Depreciation, capital adjust. | -23,362 | -9,132 | -21,470 | -40,265 |
| Buildings and Improvements | ||||
| Ending inventory | 26,628 | 15,988 | 26,162 | 47,411 |
| Capital sales | - | - | - | - |
| Beginning inventory | 23,824 | 9,162 | 26,776 | 42,441 |
| Capital purchases | 3,683 | 7,219 | - | 7,019 |
| Depreciation, capital adjust. | -879 | -394 | -614 | -2,050 |
| Other Capital Assets | ||||
| Ending inventory | 211,155 | 41,789 | 177,607 | 462,294 |
| Capital sales | 14,531 | 3 | 13,679 | 34,013 |
| Beginning inventory | 207,457 | 38,261 | 185,322 | 452,638 |
| Capital purchases | 7,262 | - | - | 13,516 |
| Depreciation, capital adjust. | 10,967 | 3,531 | 5,964 | 30,152 |
| Total depreciation, capital adj. | -12,772 | -6,075 | -16,121 | -9,575 |
| Net farm income | 136,669 | 14,057 | 100,650 | 340,582 |