Select from several whole farm reports including:
Detailed Income Statement: Accrual Income statement for each year in your report. Itemized lists are included for revenues to arrive at Gross Cash Income. Likewise, expenses are itemized to arrive at Total Cash Expense. Subtracting Total Cash Expense from Gross Farm Income gives the Net Cash Farm Income. Inventory changes, and depreciation/capital adjustments are then used to convert the cash income statement to an accrual income statement and to arrive at the Net Farm Income. This is a multi-page report
Summary Income Statement: Accrual Income statement lacking the itemized detail of the Detailed Income Statement. Revenue is broken down between crop and livestock. This is a one-page report and will run faster than the Detailed Income Statement.
Inventory Changes: Detailed statement of changes in inventory including beginning and ending inventories and the calculated changes.
Depreciation and other Capital Adjustments: Detailed statement of depreciation and other capital adjustments including beginning and ending inventories, capital purchases and sales and depreciation.
Profitability and Liquidity Measures: Profitability and Liquidity
Balance Sheets at Cost: Year end balance sheets with assets valued at original purchase cost minus accumulated depreciation.
Balance Sheets at Market: Year end balance sheets with assets valued at estimated market value.
Statement of Cash Flows: Sources and uses of cash listed in standard statement format including cash from operations, investing, and financing.
Financial Guideline Measures: Sweet 16 financial measures recommended by the Farm Financial Standards Council.
Crop Production and Marketing Summary: Average crop acreage, yields and prices received for cash sales.
Household and Personal Expenses: Detailed family living withdrawals for the sole proprietors included in the FINBIN database.
Operator and Labor Information: Operators per farm with financial and production results per operator and labor analysis.
Non-Farm Summary: Non-farm income summary statement, non-farm investments, and non-farm contributions to net worth.
Financial Summary: Summarization of key financial measures formatted by Income, Profitability, Liquidity, Solvency, and Non-farm.