Cash Flow Projection

Transcription

1 Name Address City, State Preparer Cash Flow Projection Financial Planning Input Forms No. (3 digit) Beginning Cash Flow Date Version 1 Month Year The Cash Flow Projection Program is designed to assist farm operators in projecting cash needs, farm profitability and debt servicing capabilities. The user may change input prices, yields and associated costs to see the effect on the financial projections of the farm business. Following is a summary of the input pages: PAGE 1 PAGE 2 PAGE 3 PAGE 4 {Separate page per crop} Crop Budget, Acres Owned / Rented / Yields Crop Costs Payment Schedule Rental Agreement Adjustments Crop Price Estimates Crop Inventory Crop Sales Schedule Accrual and Financial Information Livestock Price Estimates Livestock and Commercial Feed Inventory Livestock Sales Schedule Livestock Purchases Schedule Feed Usage Per Unit of Production Inventory Adjustments Feed Purchases Undistributed Costs Other Income Loan Payment Schedule - Direct Entry Loan Payment Scheduel - Straight Amortization Capital Purchases

2 Crop 1-1 Crop Budget-Acres Owned/Rented/Yields 1-2 Crop Costs Land Class* Acres Rental Agreement Yield My share production Harvest Fertilizer Herbicide Insecticide Seed Dry & Crop Machine Cash Other Description Owned Acres Share % Per acre (Bushels or Units) Month Store Insurance Hire Rent Crop Exp. * Uniform yields, costs, and rental agreements Total Production Optional: Not entered in computer Input estimated total cost/acre for each land class. Totals for these costs may also be entered in section 4- Caution: Do not enter the same information in both sections. 1-3 Crop Expense Payment Schedule Expense Item Fertilizer Herbicides Insecticides Seed Dry & Store Crop Insurance Machine Hire Cash Rent Other Crop Exp. Enter the percent of total payments made in each period. Each line must total 100%. All land classes are assumed to be paid at the same time. Month 1-4 Rental Agreement Adjustments Use this section only if rental agreements are not the same for income and expenses. Enter your expense % for items that differ. Land Fertilizer Herbicide Insecticide Seed Dry & Crop Machine Cash Other Class Store Insurance Hire Rent Crop Exp

3 Crop 1-1 Crop Budget-Acres Owned/Rented/Yields 1-2 Crop Costs Land Class* Acres Rental Agreement Yield My share production Harvest Fertilizer Herbicide Insecticide Seed Dry & Crop Machine Cash Other Description Owned Acres Share % Per acre (Bushels or Units) Month Store Insurance Hire Rent Crop Exp. * Uniform yields, costs, and rental agreements Total Production Optional: Not entered in computer Input estimated total cost/acre for each land class. Totals for these costs may also be entered in section 4- Caution: Do not enter the same information in both sections. 1-3 Crop Expense Payment Schedule Expense Item Fertilizer Herbicides Insecticides Seed Dry & Store Crop Insurance Machine Hire Cash Rent Other Crop Exp. Enter the percent of total payments made in each period. Each line must total 100%. All land classes are assumed to be paid at the same time. Month 1-4 Rental Agreement Adjustments Use this section only if rental agreements are not the same for income and expenses. Enter your expense % for items that differ. Land Fertilizer Herbicide Insecticide Seed Dry & Crop Machine Cash Other Class Store Insurance Hire Rent Crop Exp

4 2-1 Crop Price Estimates Input $/Unit Page 2 Unpriced Unpriced Priced Priced Wheat Other Other Other Corn Soybeans Corn Soybeans Crop# 1 Crop# 2 Crop# 3 Quarter 1 Quarter 2 Quarter 3 Quarter Crop Inventory Units Price/Unit Quantity Price/Unit (bu., ton.,etc.) (Beg. Yr.) (Beg. Yr.) (End Yr.) Corn Soybeans Wheat Bushels Bushels Bushels Other 1 Other 2 Other 3 Units Price/Unit Quantity Price/Unit Quantity (bu., ton.,etc.) (Beg. Yr.) (Beg. Yr.) (End Yr.) (End Yr.) Roughage 1 Roughage 2 Roughage Crop Sales Schedule Input quantity of crop to be sold per period (units) Unpriced Unpriced Priced Priced Wheat Other Other Other Corn Soybeans Corn Soybeans Crop# 1 Crop# 2 Crop# 3 Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

5 Page 2 continued 2-4 Accrual and Financial Information Bank Accounts Operating Loan Interest Beginning Check Balance Month(s) operating interest to be paid. Place a "1" in appropriate month(s). Minimum Checking Balance Month 1 Month 7 Month 2 Month 8 Maximum Checking Balance (1) Month 3 Month 9 Month 4 Month 10 Beg. Operating Loan Balance (2) Month 5 Month 11 Month 6 Month 12 Beg. Oper. Accred Int. Balance Other Accrual Balances Operation Loan Interest Rate % Depreciation Current Savings Balance accounts receivable Beginning of year Minimum Savings Balance End of year Savings Interest Rate % Accounts payable and other unpaid items Beginning of year End of year Prepaid expenses and other unused assets Beginning of year End of year (1) Level of checking balance that will cause money to be transferred to savings. (2) If operating note is on a fixed principal and interest payment schedule, include the beginning balance and payment schedule on PAGE 4 in the direct entry loan section. Operating balance included on this page will be paid when funds become available. DO NOT enter the same note in both places. (3) The balances below should not include any accrued interest. Enter accrued interest for intermediate and long term notes in section 4-3 and 4- Enter operating accrued interest on the left hand side of this page.

6 4-1 Undistributed Costs Page 4 Enter total cost for year along with estimated percentage paid each period. For uniform monthly payments place a X in column A. (Click on Arrow in Computer Program) Total. A Month Month Month Month Month Month Month Month Month Month Month Month $/Yr Fertilizer * Herbicides * Insecticides * Seed * Machine & custom hire * Drying & storage * Fuel & oil Hired labor R.E. & property taxes Utilities insurance * Mixcellaneous farm exp. * Livestock expenses Rents and leases Marketing & trans. exp. Mchy & equip. repairs Auto- share Building repairs Land improvements business exp. Futures acct. deposits Investment & other Income & S.S. taxes Family living expense * CAUTION: Do not include machine hire, dry & store, crop insurance, and miscellaneous crop expenses already included on crop page. CHECK TOTAL 4-2 Other Income $ Received/Month Government Payments Other Receipts Futures Account Withdrawals Mchy. & Equipment & RE Sales Interest Income {cash received} Dividend Income {cash received} Non- Income #1 Non- Income #2 Other S.T. Borrowed Money & CCC* I.T. & L.T. Borrowed Money* Month Month Month Month Month Month Month Month Month Month Month Month

7 4-3 Loan Payment Schedule-Direct Entry Loan Description 4-4 Loan Payment Schedule-Straight Amortization Use this section if you want the computer to calculate principal and interest payments. A straight amortization loan with a fixed interest rate is assumed. Use this section to enter payments (principal and interest) directly in the cash flow. Beg. Year Int. Years Accrued Interest Month Month Month Month Month Month Month Month Month Month Month Month Balance Rate Outs. Beg Yr. End Yr S.T Notes & CCC * Interest Enter Term Loans Below Principal Interest Interest Interest Interest Interest 7. Interest 8. Interest 9. Interest 10. Interest 1 Interest * Program allows input for short term notes in two places. Use the short term note line on this page if there is a fixed payment schedule. Otherwise, enter an operating loan balance in section 2- Do not include in both places Loan Description Available Payment Types 1 payment per Month = 12 2 payments year = 2 1 payment per Quarter = 4 1 payment per Year = 1 Beg. Year Interest Years Payment Month # Accrued Interest Balance Rate Outstanding Type 1st Payment Beg Yr. End Yr. 4-5 Capital Purchases Make certain to include any new loan payments in the direct entry section (4-3) above. Enter zero beginning balance. Item to be purchased Month # Total Cash $ Amount Purchased Difference Financed Term Principal Payments Exceeding Scheduled

8 Page 5 Government Payments Government Program Payment Calculator Commodity Program Acreage Payment Payment Schedule Proportion per month Land class description Acres % Share Yield % Rate/Bu. % Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 7. Month 7 8. Month 8 9. Month Month 10 1 Month 11 1 Month 12 Commodity Program Acreage Payment Payment Schedule Proportion per month Land class description Acres % Share Yield % Rate/Bu. % Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 7. Month 7 8. Month 8 9. Month Month 10 1 Month 11 1 Month 12 Loan Deficiency Payment Transactions Corn Soybeans Wheat Other Crop 1 Other Crop 2 Other Crop 3 Bushels LDP $/bu. Bushels LDP $/bu. Bushels LDP $/bu. Bushels LDP $/bu. Bushels LDP $/bu. Bushels LDP $/bu. Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12