TABLE 3
DEPRECIATION AND OTHER CAPITAL ADJUSTMENTS, 2003
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
Net operating profit 85,752 7,476 230,953
BREEDING LIVESTOCK
Ending inventory 61,295 56,668 48,196
Capital sales 5,037 8,027 2,702
Beginning inventory 62,040 59,539 49,837
Capital purchases 7,501 9,912 5,462
Depreciation, capital adjust. -3,209 -4,756 -4,400
MACHINERY AND EQUIPMENT
Ending inventory 187,366 113,478 368,919
Capital sales 3,326 3,295 6,543
Beginning inventory 168,349 108,919 319,750
Capital purchases 37,439 16,292 87,957
Depreciation, capital adjust. -15,095 -8,439 -32,244
BUILDINGS AND IMPROVEMENTS
Ending inventory 31,517 18,475 67,767
Capital sales 70 - 345
Beginning inventory 29,065 18,309 60,721
Capital purchases 3,859 1,588 9,906
Depreciation, capital adjust. -1,337 -1,422 -2,515
OTHER CAPITAL ASSETS
Ending inventory 14,623 8,971 32,923
Capital sales 690 138 1,506
Beginning inventory 14,230 8,618 31,316
Capital purchases 1,507 548 3,703
Depreciation, capital adjust. -423 -57 -590
Total depreciation, capital adj. -20,064 -14,674 -39,750
Net farm income 65,687 -7,197 191,203
|