Find ROFE

Table A3-1 BALANCE SHEET SUMMARY FOR JOSEPH AND ELSE FARMER Line Number 1 2 6 7 9 10 11 12 13 14 #2252 253 2 15 16 17 18 19 20 21 22 24 25 2222 26 27 28 29 c. ROFE (4 points) 30 31 32 33 34 35 36 Assets Current Assets Cash, savings and marketable securities Crops, feed and supplies Market livestock All other current farm assets All personal sesets-current Noncurrent Assets Total Current Assets Breeding livestock Machinery and equipment Farm real estate Other noncurrent assets All personal assets-noncurrent Total Noncurrent Assets Total Assets Liabilities Current Liabilities Operating, short term notes Current maturities Accounts payable All other current liabilities All personal liabilities- current Total Current Liabilities Noncurrent Liabilities Non-real estate farm debt. Real estate farm debt i All other noncument liabilities All personal liabilities- noncurrent Total Noncurrent Liabilities Total Liabilities Owner Equity Contributed capital and retained earnings Valuation/personal asset equity Total Owner Equity 2007 Total Liabilities and Owner Equity Balance Sheet Notes Book values (original cost less accumulated depreciation) Breeding livestock Machinery and equipment Real estate-land Real estate-buildings Farm assets Farm liabilities Farm equity 145,000 239,189 387,593 12.500 40.000 $734,001 5994,423 2008 $340,043 $554,168 $17.951 $ 16,050 5 13.320 S 48,063 5 12,593 100044 109.602 123,222 141,475 94.605 90,100 72.350 75,954 45.570 47,340 $1,109 39,740 D $260,342 S 256,642 $ 291.775 $ 321,225 $373,181 67.075 $440,256 $994,423 Historical- 116,912 85,595 44,700 $ 263,257 2009 $46,000 239,139 419,595 12.500 40,000 5 766,004 $1,029,340 596.332 $ 92.350 26,787 20,973 8,799 12,450 81,437 77.356 750 750 $214,125 $ 211,879 $88,800 $ 65,864 241,787 9,456 235.750 17,247 0 $35.000 228,100 350,000 12,400 945.623 553,418 392.206 $ 318,061 $ 530,740 12.500 48.000 s 808.500 $1,067,142 $ 92.350 31.337 9.380 76.590 750 $46,000 231,100 470.100 $35,000 222,350 2010 350.000 30,000 980,540 $ 212,407 $ 41,057 229 220 30,440 529,990 450,550 S 44,000 221310 $ 300,717 S 513,124 2011 Pro forma 498,900 12.500 48.800 $ 828,010 $1,017,655 $1,119,785 $1,338,879 $ 390.528 $ 400,008 151,010 98.237 $ 554,018 $ 498,600 $1,029,340 $1,067,142 $ 79,420 5 36.569 46.000 334,620 573,735 $5,375 47,098 483 44,447 750 $ 196,679 5 222,153 $ 27.091 $ 87,632 222,157 214519 35.822 56,151 1,018,342 $12.374 505,968 420 79,520 750 12,500 48.000 $ 285,070 5 358,302 $ 481,749 $ 580,454 $ 465,498 $ 504,572 172.538 253,854 $ 638,036 $758,425 $1,119,785 $1,338.879 35,000 283,000 350,000 30,000 1,070,985 1,290,079 480,999 579,704 589,986 710,375 $35,000 $ 35,000 $ 200,000 350,000 10,000 193,800 350,000 30,000 65 Table A3-1 BALANCE SHEET SUMMARY FOR JOSEPH AND ELSE FARMER Line Number 1 2 6 7 9 10 11 12 13 14 #2252 253 2 15 16 17 18 19 20 21 22 24 25 2222 26 27 28 29 c. ROFE (4 points) 30 31 32 33 34 35 36 Assets Current Assets Cash, savings and marketable securities Crops, feed and supplies Market livestock All other current farm assets All personal sesets-current Noncurrent Assets Total Current Assets Breeding livestock Machinery and equipment Farm real estate Other noncurrent assets All personal assets-noncurrent Total Noncurrent Assets Total Assets Liabilities Current Liabilities Operating, short term notes Current maturities Accounts payable All other current liabilities All personal liabilities- current Total Current Liabilities Noncurrent Liabilities Non-real estate farm debt. Real estate farm debt i All other noncument liabilities All personal liabilities- noncurrent Total Noncurrent Liabilities Total Liabilities Owner Equity Contributed capital and retained earnings Valuation/personal asset equity Total Owner Equity 2007 Total Liabilities and Owner Equity Balance Sheet Notes Book values (original cost less accumulated depreciation) Breeding livestock Machinery and equipment Real estate-land Real estate-buildings Farm assets Farm liabilities Farm equity 145,000 239,189 387,593 12.500 40.000 $734,001 5994,423 2008 $340,043 $554,168 $17.951 $ 16,050 5 13.320 S 48,063 5 12,593 100044 109.602 123,222 141,475 94.605 90,100 72.350 75,954 45.570 47,340 $1,109 39,740 D $260,342 S 256,642 $ 291.775 $ 321,225 $373,181 67.075 $440,256 $994,423 Historical- 116,912 85,595 44,700 $ 263,257 2009 $46,000 239,139 419,595 12.500 40,000 5 766,004 $1,029,340 596.332 $ 92.350 26,787 20,973 8,799 12,450 81,437 77.356 750 750 $214,125 $ 211,879 $88,800 $ 65,864 241,787 9,456 235.750 17,247 0 $35.000 228,100 350,000 12,400 945.623 553,418 392.206 $ 318,061 $ 530,740 12.500 48.000 s 808.500 $1,067,142 $ 92.350 31.337 9.380 76.590 750 $46,000 231,100 470.100 $35,000 222,350 2010 350.000 30,000 980,540 $ 212,407 $ 41,057 229 220 30,440 529,990 450,550 S 44,000 221310 $ 300,717 S 513,124 2011 Pro forma 498,900 12.500 48.800 $ 828,010 $1,017,655 $1,119,785 $1,338,879 $ 390.528 $ 400,008 151,010 98.237 $ 554,018 $ 498,600 $1,029,340 $1,067,142 $ 79,420 5 36.569 46.000 334,620 573,735 $5,375 47,098 483 44,447 750 $ 196,679 5 222,153 $ 27.091 $ 87,632 222,157 214519 35.822 56,151 1,018,342 $12.374 505,968 420 79,520 750 12,500 48.000 $ 285,070 5 358,302 $ 481,749 $ 580,454 $ 465,498 $ 504,572 172.538 253,854 $ 638,036 $758,425 $1,119,785 $1,338.879 35,000 283,000 350,000 30,000 1,070,985 1,290,079 480,999 579,704 589,986 710,375 $35,000 $ 35,000 $ 200,000 350,000 10,000 193,800 350,000 30,000 65