TABLE 3
DEPRECIATION AND OTHER CAPITAL ADJUSTMENTS
Minnesota and North Dakota Farm Business Mgmt. Education
Red River Valley, 2004
(Farms Sorted By Net Farm Income)
Avg. Of
All Farms Low 20% 40 - 60% High 20%
Number of farms 230 46 46 46
Net operating profit 110,531 -19 93,791 256,255
BREEDING LIVESTOCK
Ending inventory 643 270 63 2,229
Capital sales 2 - - -
Beginning inventory 701 287 107 2,313
Capital purchases 25 - 1 39
Depreciation, capital adjust. -82 -17 -45 -123
MACHINERY AND EQUIPMENT
Ending inventory 315,648 233,061 269,280 513,109
Capital sales 4,666 2,281 4,677 6,258
Beginning inventory 287,859 224,217 240,530 462,754
Capital purchases 61,915 34,966 60,156 104,462
Depreciation, capital adjust. -29,460 -23,841 -26,729 -47,849
BUILDINGS AND IMPROVEMENTS
Ending inventory 59,316 53,680 38,851 113,217
Capital sales 2,192 3,913 - 5,943
Beginning inventory 51,166 47,690 33,448 101,853
Capital purchases 9,716 6,894 6,365 14,742
Depreciation, capital adjust. 627 3,009 -962 2,565
OTHER CAPITAL ASSETS
Ending inventory 199,391 158,185 192,899 316,403
Capital sales 1,921 0 100 3,652
Beginning inventory 183,300 154,286 168,372 301,169
Capital purchases 12,684 543 18,028 10,096
Depreciation, capital adjust. 5,328 3,356 6,598 8,791
Total depreciation, capital adj. -23,587 -17,493 -21,137 -36,616
Net farm income 86,944 -17,512 72,654 219,640
|