SAMPLE Farm 2019 Analysis Comparative Balance Sheets (market) 2014 2015 2017 2018 2019 Current Assets Cash and checking 855 4,016 14,284 9,118 1,437 Prepaid exp. & supplies 1,335 1,450 1,600 2,000 1,906 Growing crops - 350 250 250 120 Accounts receivable - - - 220 - Other current assets - 300 300 300 300 Crop inventory 630 3,260 2,480 2,220 2,470 Livestock held for sale 1,730 - - - - Total Current Assets 4,550 9,376 18,914 14,108 6,233 Intermediate Assets Breeding livestock 1,325 1,600 - - - Machinery and equipment 11,800 15,840 22,231 26,931 24,663 Titled vehicles 2,000 - - - - Other intermediate assets 48,650 47,950 57,991 59,291 56,326 Total Intermediate Assets 63,775 65,390 80,222 86,222 80,989 Long Term Assets Land 40,000 40,000 40,000 40,000 40,000 Buildings and improvements 70,147 82,927 83,161 84,174 90,006 Total Long Term Assets 110,147 122,927 123,161 124,174 130,006 Total Farm Assets 178,472 197,693 222,297 224,504 217,228 Total Personal Assets 248,830 274,809 273,274 287,320 364,890 Total All Assets 427,302 472,502 495,571 511,824 582,118 Current Liabillities Accts pay & accr exp 1,698 - - - - Principal due on term loans 8,410 8,410 9,011 10,132 9,691 Total Current Liabilities 10,108 8,410 9,011 10,132 9,691 Total Intermediate Loans 25,534 5,382 0 0 0 Total Long Term Loans 116,906 96,365 90,974 80,842 71,172 Total Farm Liabilities 152,548 110,157 99,985 90,974 80,863 Total Personal Liabilities 4,667 3,722 0 0 0 Total All Liabilities 157,215 113,879 99,985 90,974 80,863 Equity Retained earnings 235,018 315,801 344,253 358,717 437,040 Market valuation equity 35,069 42,822 51,333 62,133 64,215 Net worth 270,087 358,623 395,586 420,850 501,255 Net worth change 0 88,536 36,963 25,264 80,405