TABLE 6
STATEMENT OF CASH FLOWS, 2002
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
431 86
87
Beginning
cash (farm & nonfarm) 12,630
10,804 18,086
CASH FROM
OPERATING ACTIVITIES
Gross cash farm income
245,559 182,993 415,808
Net nonfarm income
19,573 22,223 14,907
Total cash farm expense
-196,922 -167,174 -319,627
Apparent family living expense -34,492
-26,317 -44,783
Income and social security tax -4,943
-2,402 -8,801
Cash from
operations
28,774 9,323
57,504
CASH FROM
INVESTING ACTIVITIES
Sale of breeding livestock
4,019 3,722
3,660
Sale of machinery & equipment 2,772
1,183 4,598
Sale of farm land
1,572 2,523
457
Sale of farm buildings
132 -
161
Sale of other farm assets
228 261
235
Sale of nonfarm assets
1,831 743
2,362
Purchase of breeding livestock -6,577
-6,035 -4,154
Purchase of machinery & equip. -24,716
-14,963 -50,944
Purchase of titled vehicles
-946 -799
-1,548
Purchase of farm land
-12,396 -9,901 -17,367
Purchase of farm buildings
-2,726 -2,428 -3,902
Purchase of other farm assets
-489 -661
-832
Purchase of nonfarm assets
-9,133 -3,597 -13,140
Cash from
investing activities -46,428
-29,951 -80,414
CASH FROM
FINANCING ACTIVITIES
Money borrowed
188,416 144,373 300,452
Cash gifts and inheritances
1,952 2,311
3,024
Principal payments
-172,519 -128,739 -279,229
Dividends paid
- -
-
Gifts given
-530 -118
-1,669
Cash from
financing activities 17,319
17,827 22,579
Net change in
cash balance
-335 -2,801
-331
Ending cash
(farm & nonfarm)
12,295 8,003
17,755