TABLE 3
DEPRECIATION AND OTHER CAPITAL ADJUSTMENTS, 2004
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 434 86 87
Net operating profit 80,307 6,641 201,466
BREEDING LIVESTOCK
Ending inventory 62,875 35,982 79,382
Capital sales 2,976 1,513 4,735
Beginning inventory 61,795 35,247 81,352
Capital purchases 7,443 5,817 6,531
Depreciation, capital adjust. -3,386 -3,569 -3,766
MACHINERY AND EQUIPMENT
Ending inventory 212,411 143,740 399,554
Capital sales 3,644 5,323 6,086
Beginning inventory 194,178 134,972 358,162
Capital purchases 39,989 29,310 79,849
Depreciation, capital adjust. -18,113 -15,219 -32,371
BUILDINGS AND IMPROVEMENTS
Ending inventory 35,316 21,369 76,130
Capital sales 161 - 414
Beginning inventory 31,366 18,313 67,653
Capital purchases 5,342 3,804 11,896
Depreciation, capital adjust. -1,230 -748 -3,006
OTHER CAPITAL ASSETS
Ending inventory 18,155 13,095 34,564
Capital sales 569 1,019 508
Beginning inventory 15,774 11,867 27,865
Capital purchases 2,539 1,410 6,500
Depreciation, capital adjust. 410 837 707
Total depreciation, capital adj. -22,319 -18,699 -38,435
Net farm income 57,988 -12,059 163,031