Cash Flow Statement           Name:  Whitmer Farm  
Period Last Year Jan. Feb. March April
Cash Inflows
1. Crop sales 98,210   15,500    
2. Livestock and livestock product sales 23,414 14,400      
3. Government payments 12,786   6,700 2,280  
4. Capital sales 2,300        
5. Other farm income          
6. Nonfarm income 2,800 800 800 800  
7. Total cash inflow (Lines 1 thru 6) 139,510 15,200 23,000 3,080 0
Cash Operating Expenses
8. Seed 7,100       5,000
9. Fertilizer, lime, chemicals 25,800        
10. Feed 3,750 800   600  
11. Livestock purchased for resale 9,165     3,825  
12. Vet, medicine, breeding fees 250 50   50  
13. Fuel, oil, lubricants 4,025 350   350  
14. Utilities 1,740 200 200 150 150
15. Repairs 2,740 100 100 300 300
16. Taxes, insurance 3,625        
17. Hired Labor 1,080        
18. Rent, leases 13,500        
19. Machine hire 10,500        
20. Supplies, miscellaneous, others 2,115 400 150 150 150
21. Total cash operating expenses (Lines 8 thru 20) 85,390 1,900 450 5,425 5,600
Other Cash Outflows
22. Capital purchases       29,700  
23. Family living 14,400 1,300 1,300 1,300 1,300
24. Other withdrawals and income taxes 1,475     4,200  
25. Intermediate loan principal payments 3,600       1,850
26. Intermediate loan interest payments 1,710       875
27. Long-term loan principal payments 2,750   2,900    
28. Long-term loan interest payments 7,980   7,830    
29. Total cash outflow (Lines 21+22 thru 28) 117,305 3,200 12,480 40,625 9,625
Cash Flow Summary
30. Beginning cash balance   1,500 1,800 12,320 2,275
31. Inflows - outflows (Lines 7-29) 12,000 10,520 (37,545) (9,625)
32. Cash position (Lines 30+31) 13,500 12,320 (25,225) (7,350)
33. New borrowing: operation       8,850
34. New borrowing: intermediate     27,500  
35. New borrowing: long-term        
36. Operating loan principal payments 11,250      
37. Operating loan interest payments 450      
38. Ending cash balance (Lines 32+33+34+35-36-37) 1,800 12,320 2,275 1,500
Loan Balances End of Period
39. Operating (previous period line 39+33-36) 11,250 0 0 0 8,850
40. Intermediate (previous period line 40+34-25) 17,000 17,000 17,000 44,500 42,650
41. Long-term (previous period line 41+35-27) 88,700 88,700 85,800 85,800 85,800