Statement Of Cash Flows
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 |
Beginning cash (farm & nonfarm) | 24,736 | 28,464 | 11,936 | 51,598 |
Cash From Operating Activities | ||||
Gross cash farm income | 547,250 | 206,665 | 451,689 | 979,392 |
Net nonfarm income | 13,962 | 22,634 | 7,497 | 7,908 |
Total cash farm expense | -431,322 | -154,094 | -340,809 | -755,757 |
Apparent family living expense | -47,536 | -26,243 | -39,763 | -77,093 |
Income and social security tax | -16,609 | -6,957 | -12,378 | -33,756 |
Cash from operations | 65,745 | 42,005 | 66,237 | 120,693 |
Cash From Investing Activities | ||||
Sale of breeding livestock | - | - | - | - |
Sale of machinery & equipment | 3,167 | 267 | 1,267 | 9,158 |
Sale of farm land | 1,171 | 4,264 | 1,593 | - |
Sale of farm buildings | - | - | - | - |
Sale of other farm assets | 14,531 | 3 | 13,679 | 34,013 |
Sale of nonfarm assets | 2,397 | 341 | 8,618 | 880 |
Purchase of breeding livestock | -489 | - | - | -2,244 |
Purchase of machinery & equip. | -68,782 | -23,901 | -43,642 | -148,378 |
Purchase of farm land | -14,746 | -24,333 | -21,333 | -21,376 |
Purchase of farm buildings | -3,683 | -7,219 | - | -7,019 |
Purchase of other farm assets | -7,262 | - | - | -13,516 |
Purchase of nonfarm assets | -21,911 | -9,683 | -8,739 | -23,189 |
Cash from investing activities | -96,141 | -60,262 | -48,556 | -174,352 |
Cash From Financing Activities | ||||
Money borrowed | 289,947 | 107,674 | 247,076 | 516,348 |
Cash gifts and inheritances | 3,779 | 6,145 | 5,018 | 19 |
Principal payments | -258,489 | -98,947 | -266,730 | -446,025 |
Dividends paid | - | - | - | - |
Gifts given | - | - | - | - |
Cash from financing activities | 35,237 | 14,872 | -14,636 | 70,342 |
Net change in cash balance | 4,841 | -3,386 | 3,044 | 16,682 |
Ending cash (farm & nonfarm) | 29,577 | 25,078 | 14,980 | 68,280 |