TABLE 6
STATEMENT OF CASH FLOWS, 2001
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Farm Income)
Avg. Of
All Farms Low 20% High 20%
Number of farms 452 90 91
Beginning cash (farm & nonfarm) 10,871 14,492 13,317
CASH FROM OPERATING ACTIVITIES
Gross cash farm income 248,851 229,807 414,824
Net nonfarm income 18,724 23,606 13,701
Total cash farm expense -197,552 -212,206 -305,629
Apparent family living expense -34,430 -33,349 -42,629
Income and social security tax -6,060 -5,158 -11,138
Cash from operations 29,533 2,701 69,128
CASH FROM INVESTING ACTIVITIES
Sale of breeding livestock 2,421 2,706 1,758
Sale of machinery & equipment 1,624 1,146 1,790
Sale of farm land 794 547 1,378
Sale of farm buildings 215 - 1,057
Sale of other farm assets 474 106 1,087
Sale of nonfarm assets 1,075 332 1,820
Purchase of breeding livestock -8,412 -8,275 -11,035
Purchase of machinery & equip. -28,276 -20,751 -53,290
Purchase of farm land -9,798 -5,192 -22,220
Purchase of farm buildings -4,264 -2,319 -12,645
Purchase of other farm assets -997 -1,156 -1,637
Purchase of nonfarm assets -8,810 -10,756 -11,260
Cash from investing activities -53,955 -43,613 -103,197
CASH FROM FINANCING ACTIVITIES
Money borrowed 173,238 240,740 208,012
Cash gifts and inheritances 2,549 1,405 1,430
Principal payments -149,195 -204,836 -164,754
Dividends paid -7 -33 -
Gifts given -452 -60 -633
Cash from financing activities 26,134 37,216 44,055
Net change in cash balance 1,711 -3,696 9,986
Ending cash (farm & nonfarm) 12,582 10,796 23,303