A Handout On Cashflow Budgets For Farm Enterprises
A Handout On Cashflow Budgets For Farm Enterprises
A Handout On Cashflow Budgets For Farm Enterprises
January
10
21
February
10
21
INCOMES
C/F
Salary
Gift
Gross inflow
EXPENSES
Pension
Car
Rent
Gross outflow
Net/10 days
Aggregate
capital/10 days
Cummulative
balance
farming is a business
st
Quarter of expenditure
2nd
3rd
4th
Summati
on
farming is a business
farming is a business
farming is a business
Others- $6 000
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Details for livestock
100 weaners purchased in September 2000 at $10 000
per head and sold fat expens in August 2001 at $16 000
per head (estimate).
Estimated variable costs (for 100 animals)
Labour- $21 900
Tractor operating- $4 000
Purchased feed- $120 000
Home grown feed- $21 600
Vet/dip/medicines- $50 000
Transport- $12 000
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Fixed costs details
Labour- $20 000
Tractor operations- $40 000
Building repairs- $15 000
Rates for water and power- $4000
Licences- $2 000
Post and telephones- $2 500
Bank charges- $6 000
Depreciation- $40 000
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Capital situation
Long term loan- $150 000
Interest rate- @ 67% p.a. for 10 years.
Annual payment- $15 000
Opening bank balance- $200 000
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Private drawings
$35 000 of which $15 000 is for domestic labour.
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farming is a business
Taxation
Income tax due 2000/2001 season is $100 000 payable in
the third quarter.
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Breakdown of the year
Financial year is 1st October, 2000 to 30 September, 2001.
First Quarter- October December
2nd Quarter- January March
3rd Quarter- April June
4th Quarter- July September.
STEP 1. GROSS MARGIN CALCULATIONS
MAIZE CROP
yield estimate = ----------------------------price estimate = ---------------------------Variable costs distribution
Item
$/ha
For 50 ha
Quarter of expenditure
farming is a business
$/ha
For 20 ha
Quarter of expenditure
$/head
For 100
animals
Quarter of expenditure
farming is a business