Land Use Plan and Crop Use Analysis Year 2001

Beginning Product Inventory Planned Production Units For Planed Product Sales Ending Product Inventory
Crop or Land Use Units Price Total Val. Acres Yield Total Feed Seed Units Price Total Val. Units Price Total Val.
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Range 6,364 acres 0 6,364 0.33 2,100 2,100 0 0 0
Hayland 800 ac 300 80.00 24,000 800 0.75 600 600 0 300 80.00 24,000
Ranch Headquarters 0 0 0 0 0
Hay Aftermath 0 800 0.5 400 400 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
Beginning Inventory Value 24,000 Total Planned Product Sales 0 24,000

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Land Use Plan and Crop Use
Beginning Product Inventory Planned Production Units For Planed Product Sales Ending Product Inventory
Crop or Land Use Units Price Total Val. Acres Yield Total Feed Seed Units Price Total Val. Units Price Total Val.
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 The Livestock Plan Analysis Year 2001
Number Livestock and by product Sales
Beginning Inventory Born or Number No. For Total Ending Inventory
Kind of Livestock Beginning Total To Be Purchased Amount Transfers Lost or Home Sale Weight Price Sales Ending Total
or Products Number Value No. Weight Price Value Produced In Out Died Use Head/Units in Lbs Per Pound Revenue Number** Value
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18
Breeding Livestock Inventory, Production and Sales
Breeding Cows 350 315,000 0 70 7 63 1000 0.50 31,500 350 315,000
Replacement Heifers 70 38,500 0 70 70 0 70 38,500
Help Heifer Calves 0 168 70 2 96 500 0.88 42,240 0
Steer Calves 0 168 2 166 550 0.93 84,909 0
Bulls 12 12,000 4 1 2,000 8,000 4 1500 0.55 3,300 12 12,000

Breeding Ewes 0 0 0
Replacement Ewes 0 0 0
Help Ewe Lambs 0 0 0
Wethers 0 0 0
Rams 0 0 0

Help Other Breeding Female 0 0 0

Other Repacement Female 0 0 0
Female Offspring 0 0 0
Male Offspring 0 0 0
Other Breeding Males 0 0 0

Market/Feeder Livestock Inventory and Sales

Help Feeder Steers 0 0 0 0 0
Feeder Heifers 0 0 0 0 0
Feeder Lambs 0 0 0 0 0
Other Mrkt Livestock 0 0 0 0 0
Other Mrkt Livestock 0 0 0 0 0
Other Mrkt Livestock 0 0 0 0 0
Subtotal $0 Subtotal $0 $0
Livestock By-Products Inventory and Sales
Wool 0 0 0
Eggs 0 0 0
Milk 0 0 0
Other 0 0 0
Other 0 0 0
Other 0 0 0
Other 0 0 0
Beginning Inventory Value 365,500 Total Purchases 8,000 Total Sales 161,949 365,500
** (2+4+8+9-10-11-12-13)

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The Livestock Plan

Number Livestock and by product Sales
Beginning Inventory Born or Number No. For Total Ending Inventory
Kind of Livestock Beginning Total To Be Purchased Amount Transfers Lost or Home Sale Weight Price Sales Ending Total
or Products Number Value No. Weight Price Value Produced In Out Died Use Head/Units in Lbs Per Pound Revenue Number** Value
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18
Breeding Livestock Inventory, Production and Sales
Breeding Cows
Replacement Heifers
Heifer Calves
Steer Calves
Bulls

Breeding Ewes
Replacement Ewes
Ewe Lambs
Wethers
Rams

Market/Feeder Livestock Inventory and Sales

Subtotal Subtotal
Livestock By-Products Inventory and Sales

Beginning Inventory Value Total Purchases Total Sales

Livestock Feed Plan Analysis Year 2001
AUM Months Feeds Required For Feeding Period
Per Period To Be Salt &
Kind of Animal No. Head Grazed Fed AUMs Other Tons Straw Tons Hay Barley Cake-lbs Mineral-lbs Other Other
1 2 3 4 5 6 7 8 9 10 11 12 13
Feed Required for All Types of Livestock on the Operation
Breeding Cows 350 1 7 5 2450 595 87500 3500
Rep Heifers 70 0.7 7 5 343 91 10500 700
16 Bulls summer grazing 16 1.25 7 0 140 0 0 0
12 bulls on winter feed 12 5 0 33 3600 120
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Feed Required for the Current Year A 2,933 0 0 719 101,600 4,320 0 0
Desired Ending Inventory B 0 300
Total Feed Required (A + B) C 2,933 0 0 1,019 101,600 4,320 0 0
Feeds Supplied from Production or Purchased (Production listed on the Crop Land Use Plan)
Beginning Inventory (From Land Use Plan) D 300
Feeds Produced (From Land Use Plan) E 2,500 600
Total Crop Sales (From Land Use Plan) F
Total Feed Available (D + E - F) G 2500 0 0 900 0 0 0 0
Quantity of Feed To Be Purchased (C - G) H 433 0 0 119 101600 4320 0 0
Per Unit Price for Purchased Feed I $15.00 $80.00 $0.09 $0.30
Total Cost of Purchased Feed J $6,495 $0 $0 $9,520 $9,144 $1,296 $0 $0

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Livestock Feed Plan
AUM Months Feeds Required For Feeding Period
Per Period To Be
Kind of Animal No. Head Grazed Fed AUMs
1 2 3 4 5 6 7 8 9 10 11 12 13
Feed Required for All Types of Livestock on the Operation

Feed Required for the Current Year A

Desired Ending Inventory B
Total Feed Required (A + B) C
Feeds Supplied from Production or Purchased (Production listed on the Crop Land Use Plan)
Beginning Inventory (From Land Use Plan) D
Feeds Produced (From Land Use Plan) E
Total Crop Sales (From Land Use Plan) F
Total Feed Available (D + E - F) G
Quantity of Feed To Be Purchased (C - G) H
Per Unit Price for Purchased Feed I
Total Cost of Purchased Feed J
Inventory of Depreciable Assets and Depreciation Schedule (Machinery and Equipment)
Size Original Useful Life Calculated
or Date Cost or Salvage Yrs, Hours Annual S.L. Years Accumlated Book
Item (Asset Name - Description) Capacity Acquired Basis Value Acres, Etc Depreciation Depreciated Depreciation Value
Powered Equipment:
Swather 16 feet 1998 $65,600 $5,600 15 4,000 3 12,000 53,600
4 WD Tractor 200 hp 1996 $118,000 $18,000 25 4,000 5 20,000 98,000
2 WD Tractor 95 hp 1992 $44,000 $4,000 20 2,000 9 18,000 26,000
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Pulled Implements: Subtotal Powered Equip. #VALUE!
Round Baler 1650 lbs 1996 $21,400 $0 10 2,140 5 10,700 10,700
Double Rake 23 ft 1999 $11,900 $0 10 1,190 2 2,380 9,520
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Pickups and Trucks: Subtotal Pulled Implmnt #VALUE!
4 x 4 pickup 3/4 ton 1993 $17,000 $0 10 1,700 8 13,600 3,400
Truck 2 ton 1985 $22,000 $2,000 20 1,000 16 16,000 6,000
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Other: Subtotal Pickups/Trucks #VALUE!
Grapple Fork 1994 $1,800 $0 10 180 7 1,260 540
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Subtotal 35,210 Subtotal Other #VALUE!
 Balance Sheet (Beginning and Ending)
Beginning Ending
Current Assets Description Date January 1, 2001 December 31, 2001
Cash on Hand $27,500 $49,894
Feed and Crops 300 ton hay @ $80 $24,000 $24,000
Market/Feeder Livestock $0 $0
Other-accounts receivable, etc $0 $0
Other $0 $0
Total Current Assets $51,500 $73,894

Long Term Assets Description

Rangeland 6364 acres @ $90 $572,760 $572,760
Hayland 800 acres @ $450 $360,000 $360,000
Cropland $0 $0
Homestead, roads, waste 60 acres @ $200000 $200,000 $200,000
Breeding Stock
Raised Breeding Livestock 350 cows@ $900, $315,000 $315,000
Raised Replacement hfrs 70 @ $550 $38,500 $38,500
Depreciable Breeding Livestock See Depreciation Schedule #VALUE! #VALUE!
Machinery and Equipment See Depreciation Schedule #VALUE! #VALUE!
Buildings & Improvements See Depreciation Schedule #VALUE! #VALUE!
Purchased Assets Less Depreciation $0
Other Long Term Assets $0 $0
Total Long Term Assets #VALUE! #VALUE!
Total Assets #VALUE! #VALUE!

Current Liabilities (< 12 months) Description

Accounts Payable $0 $0
Accrued Income Tax due taxes due on income earned this year $6,000 $6,000
Accured Interest $0 $0
Other Current Liabilities $0 $0
Current Principal on term debt $11,200 $12,100
Total Current Liabilities $17,200 $18,100

Long Term Liabilities (> 12 months) Description

Breeding Stock $0 $0
Machinery & Equipment $50,000 $45,000
Real Estate $120,000 $112,900
Added Liabilities on Purcashed Assets $0
Other Long Term Liabilities $0 $0
Total Long Term Debt $170,000 $157,900
Total Liabilities $187,200 $176,000

Net Worth = Equity= (Assets minus Liabilities) #VALUE! #VALUE!

Change in Net Worth during the year #VALUE!

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Balance Sheet (Beginning and Ending)
Beginning Ending
Current Assets Description Date
Cash on Hand
Feed and Crops
Market/Feeder Livestock
Other
Other
Total Current Assets

Long Term Assets Description

Rangeland
Hayland
Cropland
Homestead, roads, waste
Breeding Stock
Raised Breeding Livestock
Raised Replacement hfrs
Depreciable Breeding Livestock
Machinery and Equipment
Buildings & Improvements
Purchased Assets Less Depreciation
Other Long Term Assets
Total Long Term Assets
Total Assets

Current Liabilities (< 12 months) Description

Accounts Payable
Accrued Income Tax due
Accured Interest
Other Current Liabilities
Current Principal on term debt
Total Current Liabilities

Long Term Liabilities (> 12 months) Description

Breeding Stock
Machinery & Equipment
Real Estate
Added Liabilities on Purcashed Assets
Other Long Term Liabilities
Total Long Term Debt
Total Liabilities

Net Worth = Equity= (Assets minus Liabilities)

Change in Net Worth during the year

 Income Statement (Accrual Adjusted)
Revenue from Operations 2001
Production from Breeding Lvstk + Market Livestock Revenue $127,149
Sales from Cull Raised Livestock (Capital Gain/Loss) $34,800
Sales from Cull Purchased Livestock (Capital Gain/Loss) $0 note using values from lvstkpland and depinventory to get cow sales incime
Livestock Product Sales $0
Crop Revenue $0
Other Cash Sales- $0
Other Cash Sales- $0
Other Cash -Leases, Custom Work, Int. Income, Refunds, Etc. $0
Other Cash-Gov. Payments, timber, Patronage Dividends, Etc. $0
Total Cash Income $161,949
Accrual Adjustments
Help Crop land Use Adjustments (Ending minus Beginning Inv. Values) $0
Feeder Livestock (LvstkPlan) (Ending minus Beginning Inv. Values) $0
Other Accrual Adjustements from the Balance Sheets $0
Other Accrual Revenue Adjustment(s) $0
Total Income (cash + non-cash) $161,949

Annual
Expense Item (Schedule F Expenses) Amount
Car and Truck Expense $0
Chemicals $0
Conservation Expense $0
Custom hire $0
Employee Benefits $0
Feed Purchased $0
Purchased Feed from Livestock Feed Plan
AUMs $6,495
Other $0
Tons Straw $0
Tons Hay $9,520
Barley Cake-lbs $9,144
Salt & Mineral-lbs $1,296
Other $0
Other $0
Fertilizer and lime $0
Freight and Trucking $0
Gas, fuel and Oil $6,000
Insurance (other than health) $4,000
Hired Labor $0
Pension and profit sharing plans $0
Rent or lease expense $0
Vehicles, Machinery, Equipment $0
Other (land, animals, etc.) $0
Repairs and Maintenance $7,600
Seed and Plants purchased $0
Storage and Warehousing $0
Supplies purchased $3,000
Taxes (personal property and real estate) not income tax $9,000
Utilities $3,000
Vet, Breeding, Medicine $5,400
Other $1,500
Other Cash Expense $0
Other Cash Expense $0
Other Cash Expense $0
Other Cash Expense $0
Other Cash Expense $0
Interest on Machinery and Land Debt $9,500
Interest on Operating loan $2,900
Total Cash Expenses $78,355

Accrual Expense Adjustement from Balance Sheets $0

Depreciation #VALUE!
Total Expenses #VALUE!

Net Farm Income From Operations #VALUE!

Gain/Loss on Capital Asset Sales Other Than Breeding Livestock $0
Net Farm Income #VALUE!
Income and Social Security Taxes (exclude property taxes) $6,000

Net Income After Taxes #VALUE!

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Income Statement (Accrual Adjusted)
Revenue from Operations
Production from Breeding Lvstk + Market Livestock Revenue
Sales from Cull Raised Livestock (Capital Gain/Loss)
Sales from Cull Purchased Livestock (Capital Gain/Loss)
Livestock Product Sales
Crop Revenue
Other Cash Sales-
Other Cash Sales-
Other Cash -Leases, Custom Work, Int. Income, Refunds, Etc.
Other Cash-Gov. Payments, timber, Patronage Dividends, Etc.
Total Cash Income
Accrual Adjustments
Crop land Use Adjustments (Ending minus Beginning Inv. Values)
Feeder Livestock (LvstkPlan) (Ending minus Beginning Inv. Values)
Other Accrual Adjustements from the Balance Sheets
Other Accrual Revenue Adjustment(s)
Total Income (cash + non-cash)

Annual
Expense Item (Schedule F Expenses) Amount
Car and Truck Expense
Chemicals
Conservation Expense
Custom hire
Employee Benefits
Feed Purchased
Purchased Feed from Livestock Feed Plan
AUMs
Other
Tons Straw
Tons Hay
Barley Cake-lbs
Salt & Mineral-lbs
Other
Other
Fertilizer and lime
Freight and Trucking
Gas, fuel and Oil
Insurance (other than health)
Hired Labor
Pension and profit sharing plans
Rent or lease expense
Vehicles, Machinery, Equipment
Other (land, animals, etc.)
Repairs and Maintenance
Seed and Plants purchased
Storage and Warehousing
Supplies purchased
Taxes (personal property and real estate) not income tax
Utilities
Vet, Breeding, Medicine
Other
Other Cash Expense
Other Cash Expense
Other Cash Expense
Other Cash Expense
Other Cash Expense
Interest on Machinery and Land Debt
Interest on Operating loan
Total Cash Expenses

Accrual Expense Adjustement from Balance Sheets

Depreciation
Total Expenses

Net Farm Income From Operations

Gain/Loss on Capital Asset Sales Other Than Breeding Livestock
Net Farm Income
Income and Social Security Taxes (exclude property taxes)

Net Income After Taxes

 Analysis Year 2001
Reconciliation of "Business" Cash available from farm operations
Market Livestock Sales (Excludes Lvstk Capital Asset Sales) $127,149
Livestock Product Sales $0
Crop sales $0
Other Revenue (Gov. Payments, leases, custom work, etc. etc.) $0

Cash Expenses $78,355

Income Tax Paid During the Year $6,000
Family Living Withdrawal $36,000
Net Cash from Operations $6,794

Cash from sale or purchase of Capital Assets

Cash inflow from sale of fixed assets (Brdg Lvstk, Mach. & Equip) $34,800
Cash outflow to purchase machinery, equipment, bldgs, improvments $0
Cash outflow to purchase breeding livestock $8,000
Net cash from capital asset activities $26,800
Cash from receipt or payment on debt (Operating and Term debt)
Cash inflow from Operating loans and loans for Breeding Livestock $0
Cash inflow from new loans for Mach, Equip, Bldgs, Imrpv (principal only) $0
Cash outflow for loan payments during the year (principal only) $11,200
Net cash from financing activities -$11,200

Beginning Cash on Hand $27,500

Calculated Ending Cash Balance $49,894
Cash balance reported on ending Balance Sheet $49,894
Discrepancy $0

Analysis Year 2001

Reconciliation of Net Worth Change From Beginning to End of Year
Ending Net Worth from Balance Sheet #VALUE!
Beginning Net Worth from Balance Sheet #VALUE!
Change in Net Worth Reported on the Balance Sheets #VALUE!

Net Farm Income #VALUE!

Withdrawals
Minus Family Living $36,000
Minus Income Taxes $6,000
Minus Farm Product Consumption $0
Plus None business inflows/income $0
Note: Plus Capital contributions $0
Minus Capital distributions $0
Plus or Minus Changes in Asset Values Other Than Depreciation $0
Calculated change in Net Worth #VALUE!

Discrepancy (Reported minus Calculated) #VALUE!

Blank data input form. Enter data in empty or unshaded boxes only.
Analysis Year
Reconciliation of "Business" Cash available from farm operations
Market Livestock Sales (Excludes Lvstk Capital Asset Sales)
Livestock Product Sales
Crop sales
Other Revenue (Gov. Payments, leases, custom work, etc. etc.)

Cash Expenses
Income Tax Paid During the Year
Family Living Withdrawal
Net Cash from Operations

Cash from sale or purchase of Capital Assets

Cash inflow from sale of fixed assets (Brdg Lvstk, Mach. & Equip)
Cash outflow to purchase machinery, equipment, bldgs, improvments
Cash outflow to purchase breeding livestock
Net cash from capital asset activities
Cash from receipt or payment on debt (Operating and Term debt)
Cash inflow from Operating loans and loans for Breeding Livestock
Cash inflow from new loans for Mach, Equip, Bldgs, Imrpv (principal only)
Cash outflow for loan payments during the year (principal only)
Net cash from financing activities

Beginning Cash on Hand

Calculated Ending Cash Balance
Cash balance reported on ending Balance Sheet
Discrepancy

Reconciliation of Net Worth Change From Beginning to End of Year

Ending Net Worth from Balance Sheet
Beginning Net Worth from Balance Sheet
Change in Net Worth Reported on the Balance Sheets

Net Farm Income

Withdrawals
Minus Family Living
Minus Income Taxes
Minus Farm Product Consumption
Plus None business inflows/income
Plus Capital contributions
Minus Capital distributions
Plus or Minus Changes in Asset Values Other Than Depreciation
Calculated change in Net Worth

Discrepancy (Reported minus Calculated)