STATEMENT OF CASH FLOWS, 1999
North Dakota Farm Business Management Education Program
State Report
(Farms sorted by Net Farm Income)
Average Of Average Of Average Of
All Farms Low 20% High 20%
Number of Farms 467 93 93
(a) Beginning cash balance (farm & nonfarm) 8866 7007 12317
CASH FROM OPERATING ACTIVITIES
Gross cash farm income 218456 132608 401825
Net nonfarm income (+) 17665 19301 15690
Total cash farm expense (-) 168244 124736 290420
Apparent family living expense (-) 31420 23091 41031
Income and social security tax (-) 3895 1992 8125
(b) Cash from operations (=) 32561 2090 77938
CASH FROM INVESTING ACTIVITIES
Sale of breeding livestock 2513 2879 949
Sale of machinery & equipment (+) 1685 693 2908
Sale of farm land (+) 412 - -
Sale of farm buildings (+) 56 - 228
Sale of other farm assets (+) 402 654 396
Sale of nonfarm assets (+) 1314 1511 1867
Purchase of breeding livestock (-) 6531 8295 5840
Purchase of machinery & equip. (-) 20815 15628 39487
Purchase of farm land (-) 7387 5383 12305
Purchase of farm buildings (-) 2221 2571 3044
Purchase of other farm assets (-) 2144 187 4615
Purchase of nonfarm assets (-) 7339 4055 11189
(c) Cash from investing activities (=) -40056 -30382 -70132
CASH FROM FINANCING ACTIVITIES
Money borrowed 159255 141023 248548
Cash gifts and inheritances (+) 4406 4372 5408
Principal payments (-) 152188 116178 247709
Dividends paid (-) 9 46 -
Gifts given (-) 437 169 169
(d) Cash from financing activities (=) 11027 29002 6078
(e) Net change in cash balance (b+c+d) 3532 710 13885
Ending cash balance (farm & nonfarm) 12398 7716 26202