• TABLE OF CONTENTS
HIDE
 Historic note
 Front Cover
 Abstract
 Table of Contents
 Introduction
 Data collection
 Data input
 Example
 Information required for BEEFL...
 Input format
 Input data by line and column
 Program
 Example of completed input...
 Example of completed code...
 Sample output














Group Title: User's manual for Beefloan, a long-term ranch financial simulation program
Title: A user's manual for Beefloan, a long-term ranch financial simulation program
CITATION THUMBNAILS PAGE IMAGE ZOOMABLE
Full Citation
STANDARD VIEW MARC VIEW
Permanent Link: http://ufdc.ufl.edu/UF00026462/00001
 Material Information
Title: A user's manual for Beefloan, a long-term ranch financial simulation program
Series Title: Economic information report
Physical Description: 1 v. (various pagings) : ill. ; 28 cm.
Language: English
Creator: Simpson, James R
Alderman, Rom
Publisher: Food & Resource Economics Dept., Cooperative Extension Service, Institute of Food and Agricultural Sciences, University of Florida
Place of Publication: Gainesvile Fla.
Publication Date: 1982
 Subjects
Subject: Ranches -- Economic aspects -- Computer simulation   ( lcsh )
Cattle -- Economic aspects -- Computer simulation   ( lcsh )
Genre: government publication (state, provincial, terriorial, dependent)   ( marcgt )
non-fiction   ( marcgt )
 Notes
Statement of Responsibility: James R. Simpson, Rom Alderman.
General Note: Cover title.
General Note: "November 1982."
 Record Information
Bibliographic ID: UF00026462
Volume ID: VID00001
Source Institution: University of Florida
Rights Management: All rights reserved by the source institution and holding location.
Resource Identifier: aleph - 001555334
oclc - 22599476
notis - AHG8957

Table of Contents
    Historic note
        Unnumbered ( 1 )
    Front Cover
        Front Cover
    Abstract
        Page i
    Table of Contents
        Page ii
        Page iii
    Introduction
        Page 1
    Data collection
        Page 2
    Data input
        Page 2
        Page 3
        Page 4
        Page 5
    Example
        Page 6
        Page 7
        Page 8
        Page 9
        Page 10
        Page 11
        Page 12
        Page 13
        Page 14
    Information required for BEEFLOAN
        Page 15
        Page 16
        Page 17
        Page 18
        Page 19
        Page 20
        Page 21
        Page 22
        Page 23
        Page 24
        Page 25
    Input format
        Page 26
        Page 27
        Page 28
        Page 29
        Page 30
        Page 31
        Page 32
        Page 33
    Input data by line and column
        Page 34
        Page 35
        Page 36
        Page 37
        Page 38
        Page 39
        Page 40
        Page 41
    Program
        Page 42
        Page 43
        Page 44
        Page 45
        Page 46
        Page 47
        Page 48
        Page 49
        Page 50
        Page 51
        Page 52
        Page 53
        Page 54
        Page 55
        Page 56
    Example of completed input form
        Page 57
        Page 58
        Page 59
        Page 60
        Page 61
        Page 62
        Page 63
        Page 64
        Page 65
        Page 66
        Page 67
    Example of completed code sheet
        Page 68
        Page 69
        Page 70
        Page 71
        Page 72
        Page 73
        Page 74
        Page 75
    Sample output
        Page 76
        Page 77
        Page 78
        Page 79
        Page 80
        Page 81
        Page 82
        Page 83
        Page 84
        Page 85
        Page 86
        Page 87
        Page 88
        Page 89
        Page 90
        Page 91
        Page 92
        Page 93
        Page 94
        Page 95
        Page 96
        Page 97
        Page 98
        Page 99
        Page 100
        Page 101
        Page 102
        Page 103
Full Text





HISTORIC NOTE


The publications in this collection do
not reflect current scientific knowledge
or recommendations. These texts
represent the historic publishing
record of the Institute for Food and
Agricultural Sciences and should be
used only to trace the historic work of
the Institute and its staff. Current IFAS
research may be found on the
Electronic Data Information Source
(EDIS)

site maintained by the Florida
Cooperative Extension Service.






Copyright 2005, Board of Trustees, University
of Florida





James R. Simpson
Rom Alderman





A User's I


Economic Information
Report 170


Vanual for Beefloan,


A Long-Term Ranch Financial
Simulation Program


HUME
17;'


LIB RI~7


of


Food E Resource Economics Department
Cooperative Extension Service
Institute of Food and Agricultural Sciences
Universe:, of Florida, Gainesville 32611


November 1982














ABSTRACT


Program documentation and use of the BEEFLOAN computer program are
provided. The model is designed for long-term (up to 10-year projections of
income, expenses, loans and repayments, income taxes, net worth and financial
ratios for cow/calf operations. The model is written as a simulation rather
than optimizing procedure with the primary intention being evaluation of
economic impact from changing long-term prices and alternative management
strategies.



Key words: Beef, cattle, cows, computer program, financial, ranch, Simulation









TABLE OF CONTENTS


Item Page


ABSTRACT................................................. i


INTRODUCTION............................................. 1


DATA COLLECTION.......................................... 2


DATA INPUT............................................ 2


Income.............................................. 2
Expenses........................................... 3
Cost Recovery.................................... 3
Short-Term Liabilities........................... .. 4
Intermediate-Term Liabilities....................... 4
Long-Term Liabilities............................. 4
Inventory.. .............................. ...... 5
Other Financial Inputs.............................. 5


EXAMPLE............... ................... .............. 6


Description of Ranch............................... 6
Input Data........................................ 6
Prices............................................ 6
Income, Herd Size and Land Utilization.............. 7
Non-Cash Adjustments............................... 9
Interest Payments and Intermediate Liabilities...... 10
Income Statement................................... 11
Net Worth Statement............. ......... .......... 12
Sources and Uses of Funds Statement................. 13
Financial Ratios................................... 14
Production Costs................................... 14


APPENDIX I Information Required for BEEFLOAN............. 15








TABLE OF CONTENTS (continued)


Item
APPENDIX II Input Format............................ ....


APPENDIX III Input Data by Line and Column..............


APPENDIX IV Program................................ ......


APPENIX V Example of Completed Input Form ..............


APPENDIX VI Example of Completed Code Sheet..............


APPENDIX VII Sample Output...............................











A USER'S MANUAL FOR BEEFLOAN, A LONG-TERM RANCH

FINANCIAL SIMULATION PROGRAM



James R. Simpson and Rom Alderman1


INTRODUCTION

BEEFLOAN is a simulation control model designed for long-term (up to 10-

year) projections of income, expenses, loans and repayments, income taxes, net

worth, and financial ratios for cow/calf operations. The model is written as

a simulation rather than optimizing procedure with the primary intention being

evaluation of economic impact from changing long-term prices and alternative

management strategies. Another major use is in budget planning (1-3 years) by

just ignoring the printout of later years.

BEEFLOAN will fit on a 128K-BYTE computer although the actual memory need

depends on the type of FORTRAN compiler used. BEEFLOAN uses twelve seconds of

central processing unit (CPU) time, which cost about $4.00. This version is

written for a FORTRAN IV G-Level Compiler. For more information on this

compiler and its use consult the IBM publications:

GC28-6515 IBM System/360 and System/370 FORTRAN IV;
GC28-6817 FORTRAN IV (G&H) Programmer's Guide




1JAMES R. SIMPSON is Extension Livestock Marketing Economist, and
ROM ALDERMAN is System Analyst, Food and Resource Economics Department,
University of Florida, Gainesville.
Thanks are due Jeff Crawford, Tran Long, and John Otte for contributions
in specifying and writing earlier drafts of the program.







DATA COLLECTION



Most of the data for the program are available in livestock operators'

financial statements although some items such as carrying capacity may require

limited computations. A form which can be used to assemble the data prior to

coding is given as Appendix I.


DATA INPUT



The input data are taken from the data collection forms and entered in

the appropriate places on the BEEFLOAN code sheets shown in Appendix II.

These sheets serve as an input guide regardless of whether the data are

entered directly on the computer via a terminal or are entered on code

sheets. All data, except when otherwise specified, are righthand justified.

A complete description of the data requirements by line and column number is

given in Appendix 1II. A copy of the program is given in Appendix IV. An

example problem is qiven after the following general description about data

input.



Income

The average weight for the various classes of cattle sold during the year

are entered on line one as shown in Appendix II. Only Medium Number 1 and 2

steer and heifer weights are entered, as this comprises the bulk of feeder

marketing. If, for example, the average sale weight of Medium No. 1 weaned

steers was 450 pounds, this data would be coded in columns 4-6 on line one.

Additional information on livestock output and herd composition is

entered on lines 1-14, while data on pasture types are entered on lines 15-







DATA COLLECTION



Most of the data for the program are available in livestock operators'

financial statements although some items such as carrying capacity may require

limited computations. A form which can be used to assemble the data prior to

coding is given as Appendix I.


DATA INPUT



The input data are taken from the data collection forms and entered in

the appropriate places on the BEEFLOAN code sheets shown in Appendix II.

These sheets serve as an input guide regardless of whether the data are

entered directly on the computer via a terminal or are entered on code

sheets. All data, except when otherwise specified, are righthand justified.

A complete description of the data requirements by line and column number is

given in Appendix 1II. A copy of the program is given in Appendix IV. An

example problem is qiven after the following general description about data

input.



Income

The average weight for the various classes of cattle sold during the year

are entered on line one as shown in Appendix II. Only Medium Number 1 and 2

steer and heifer weights are entered, as this comprises the bulk of feeder

marketing. If, for example, the average sale weight of Medium No. 1 weaned

steers was 450 pounds, this data would be coded in columns 4-6 on line one.

Additional information on livestock output and herd composition is

entered on lines 1-14, while data on pasture types are entered on lines 15-








17. The coefficients for animal units are on lines 0057-0063 of the program

itself (Appendix IV), while carrying capacity coefficients (acres per animal

unit potentially required or available) are given on lines 0064-0067 of the

program.

Price projections for Medium No. 1, 400-500 pound steers over the 10-year

planning horizon are entered on lines 18-28. The program contains price

differentials for each class of cattle (lines 0078-0090) so other prices are

automatically calculated and used in the income computations. Prices are read

in as expected or real values, i.e., the actual prices. A deflated price is

also printed out with the deflator, which can be changed given, in line 0007

of the subroutine, page 1 of Appendix IV-B.



Expenses

Operating expenses in the base year are coded on lines 29-59 in columns

5-1.. The rate at which the expenses are expected to grow is input in columns

3-4. Each expense has a growth rate as an input to provide additional flexi-

bility in strategy simulation. In general the growth rate will approximate

the expected rate of inflation for each item. The program is, again, written

to provide output in current, not constant dollars.



Cost Recovery

Three cost recovery (what was previously called depreciation) categories

are provided: equipment (lines 60-119), animals (lines 120-149), and

buildings (lines 150-179). In all cases the name of the equipment, animals,

or buildings is entered in columns 1-12, the growth rate in terms of projected

annual price increases in columns 13-14, current age (base year) in 15-17,

total useful life in 18-20, the original cost in 21-28, salvage value in 29-







36, and method on line 38. A "0" should be entered if straight line (optional

method) is chosen, and a "1" if the cost recovery method, initiated in 1982,

is used.

Average annual losses from abandoned capital assets are entered in

columns 1-7 while bad debts and other losses are entered in columns 8-14 of

line 180.



Short-Term Liabilities

Projections of average annual short-term accounts due are entered on line

181. Average annual short-term bank notes and outstanding drafts are entered

on lines 182 for the 10 year planning horizon.

Line 183 is reserved -or future use.



Jntermediate-Term Liabilities

Space is provided on line 184 for up to ten intermediate term debts

(principal owed) with data for the beginning of the base year. If a loan is

new in the base year, that number is entered. Columns 1-8, 65-72 and 73-80

are only used for PCA loans, if any, as calculations of PCA stock are computed

from those columns. Interest rates are entered on line 185, while the pro-

jected principal payments are entered on lines 186-196.



Long-Term Liabilities

Lonc-term liabilities (six years or longer) are entered on lines 197-

208. Space is provided for two groups of loans, primary, and secondary, in

columns 1-9 and 10-18 respectively.







Income, Additional

Space is provided in rows 209-216 for income in addition to that derived

from cattle. Line 217 is reserved for future input. Dividends to be paid are

entered on line 218. The growth rate for "other" income is given on line 0470

of the program (Appendix IV). This, as well as several growth rates in

following classifications, are internal to the program rather than being

entered as input data.



Inventory

Estimates of inventory normally kept on hand (in dollar amounts) are

entered on lines 219-225 for each year in the projection horizon. The growth

rate for accounts payable is on line 0598 of the program while the growth

rates for other assets are on lines 0506 and 0510 (Appendix IV).



Other Financciai Inputs

Retained earnings in the year prior to the base year are entered on line

226 of the code sheets (Appendix II).

The percent appreciation rate of land value is entered on line 227,

columns 1-4. On that same line, the average land value per acre (either

,arket tr appraised) in the base year is entered in columns 5-10 TnP value

of other assets not already accounted for is entered in columns 11 16.

The value of ranch owned stocks and securities is entered on line 228.

The growth rate is given on line 0539 of the program.

The amount of land rented is entered on line 229. Reduction in retained

earnings is entered on line 230.

A printout of all input data is given on pages 29-31 of Appendix VII.







EXAMPLE



Following is a hypothetical situation to demonstrate the method for using

BEEFLOAN.



Description of Ranch

A Florida rancher owns 9,510 acres and rents another 12,400 acres for a

total of 21,910 acres. Of this total, 16,790 are in native range, 3,655 in

semi-improved pastures and 1,465 in fully improved pastures. There are 1,710

brood cows in the base (current) year. Native ranqe has a carrying capacity

of 10 acres per animal unit (AU), 4 acres of semi-improved pasture are

required per AU, and 1.5 acres of improved pasture per AU. The ranch is

operated as a cow/calf operation with no feeders purchased.



Input Data

The example input data is shown recorded on the input from in Appendix

V. The same data is shown on the code sheets in Appendix VI.



Prices

The computer printout for the example ranch is given in Appendix VII.

The base year is 1981, with projections made from 1982 (first year) through

1991 (tenth year). The first page of the printout contains the actual or

current prices for 425 pound Medium No. 1 (Choice) weaned steers ($64.00 per

cwt. in 1981 climbing, erratically, to $150 in 1991), as well as the deflated

prices in dollars of the year previous to the base year (1980). The deflator,

which is essentially the rate at which cattle prices are expected to grow, is

7 percent. The deflated prices run from $59.81 to $71.26. A graph of the

actual and deflated prices is also given.







The differentials used in calculating the differences between the 425

pound Medium 1 (Choice) weaned steers, and other weights and classes, are also

given in the first Table (A). For example, the 485 pound Medium 2 'Good)

grade backgrounded steers are estimated to be $5.50 lower than the Medium

(Choice) steers in 1981. Thus, the price used for the 485 pound Good steers

is $58.50 while it is $64.00 for the 425 pound Choice steers. The

differentials are used to derive the prices for all other weights and classes

of cattle. The coefficients used to derive the differentials are given in the

program.



Income, Herd Size and Land Utilization

The projected income for each year, including the base year, is given

next, in Table I. The example shows that the 174 Choice weaned steers

weighing an average of 425 pounds each sold in the base year (1981), for the

total revenue of $47,328.00. There are 144 Utility grade cows, plus 96 Cutter

grade cows, or a total of 240 cull cows sold. The culling rate is 14 percent

of the initial brood cow inventory. Total revenue from all cattle sales is

$357,331.

There are 1,762 brood cows shown in the 1981 herd count, which is based

on the end-of-year 'inventory. Each end-of-year inventory becrwi- it,,

beginning of-the-year inventory for the next year. The beqinninq inventory

for the first year is read in as input data. Using 1981 as the example, the

1,762 brood cows are calculated by adding the number of brood cows at the

beginning of the year (1,710 head, the number entered in the computer) plus

308 yearling heifers at the beginning of the year minus the number of "cows to

replace," (another item given in the end-of-the-year herd count). The "cows

to replace" (256) is the number culled (14 percent of initial inventory, or







240 head) plus death loss (1 percent of initial inventory or 16 head), minus

the number replaced by purchase (0).

Continuing with items in the herd count, "replacement heifer calves" is

calculated by multiplying initial inventory of brood cows (1,710) by the

weaned calf crop (80 percent to get the number of all calves (1,368) and then

by 0.5 to arrive at heifer calves (684). The 274 heifer calves held for

replacement (40 percent of heifer calves, another inputed item) are then

calculated. At the beginning of each year the replacement heifer calves are

transferred to the yearling category (271 in 1982), and then to the brood cow

category the year after. A one percent annual death loss (input data) is

included during this transition period.

The total animal units (AU's) are calculated internally, with mother cows

= 1.0 AU; 1 yearling heifer = 1.0 AU, 1 bull = 1.5 AU, newborn calves = 0.25

AU; and replacement heifers = 0.5 AU.

The carrying capacity in Au's in this example is calculated by the

following coefficients:

Native range = 10 acres per AU (0.10 AU per acre)
Semi-improved pasture = 4 acres per AU (0.25 AU per acre)
Fully-improved pasture = 1.5 acres per AU (0.66 AU per acre)

The total carrying capacity, 3,570 AU for 1981 in the example, is an estimate

of the animal units the ranch should be able to carry if fully stocked. This

number is higher than the total animal units in the herd count (2,605) thus

the ranch is understocked. But, by 1991 it has increased to 3,019 animal

units. This increase is due to the 40 percent heifer calves held for replace-

ment in the initial input data. A faster growth rate would be obtained by

increasing this percentage. The carrying capacity estimates are for infor-

mation only i.e., if there is an error in carrying capacity estimates, it will

not affect the financial or herd count projections.








Operating Expenses

The operating expenses for each of the categories such as labor, ferti-

lizer, etc. are shown next, in Table 2. Again, the first year (1981 in this

example) is the same as the data entered. Each expense item is increased by

the growth rate given, to place each item on an actual dollar value. This

growth rate reflects both input use and projected price changes, most of which

will come from inflation. The total expenses do not include interest, an item

that is accounted for later. Total cash expenses, net of interest, are esti-

mated at $279,728 in 1981.



Non-Cash Adjustments

The major non-cash adjustment is cost recovery (formerly called depreci-

ation). There are two possible methods, straight line and accelerated cost

recovery. Both have been used in example inputs. In Table 3, on the first

line, the first item, a chopper, has an annual cost recovery shown of $170.

The chopper was not purchased in the range of years covered by and analysis

(10) so no purchase price or tax credit is given. All equipment owned by the

ranch can be listed to provide a complete equipment inventory even though no

depreciation is shown.

Most ranchers will have a purchase point for new equipment to replace old

equipment which does not correspond with the cost recovery schedule. For

example, the gooseneck trailer has 4 years of cost recovery left (1981-1983)

according to the printout, but a new one is not shown as being purchased until

1991. The purchase price, in today's dollars (which was entered as input

data) is $4,100. With the 9 percent price increase growth rate which was also

read in, the price in 1991 would be $11,363. It is a coincidence that the







annual cost recovery for that year as well as the investment tax credit are

both $1,136. These values will be the same in the first and last years for

all 5 year investments. Total equipment and machinery cost recovery is $8,750

in 1981, and $7,489 in 1991. Substantial room is given for adding all equip-

ment, animals and buildings as shown on pages 16-19 which have "0" in all rows

not used.

A summation of the tax credit is given just before the subtotal of cost

recovery for equipment. The total tax credit is, for example, $1,077 in 1986

and $1,136 in 1991.

Cost recovery can also be calculated on purchased breeding animals and

buildings. These items are set out separately in the cost recovery table.

Total cost recovery for all items in 1981 is $13,611 while it is $7,489 in

1991.

Other non-cash deductions include losses from abandonment of capital

assets, and bad debts or other losses. These are shown at the bottom of the

table and added to cost recovery. In 1981 non-cash adjustments are $14,311.


Interest Payments and Intermediate Liabilities

The interest payments and intermediate liabilities are shown in Table

4. In the base year, .1981, an interest payment of $53,545 is shown as paid on

Liability "A." Total interest payments, including liabilities, for loans B-E

amount to $64,727. Principal payments of $23,500 are paid that year. Liabil-

ity "A" (and also I & J) are Production Credit Association (PCA) loans. PCA

requires that 10 percent of the outstanding principal be held in PCA stock, so

a figure of $62,994 is shown. The first line for each year titled

"intermediate liabilities" is the balance at the beginning of the year, while

the last line, with the same name, is the balance at the end of the year. An








assumption is made that all payments take place the end of the year, i.e.

interest is charged for the entire year.

Loan "D," a sum of $3,500 at the beginning of 1981, is paid off that

year. In 1982 a new loan of $20,000 is acquired so a -$20,000 is shown for

the principal payment that year. Another $150,000 loan is acquired in 1984 as

Loan "D" and, since no principal is paid back that year, the loan increases to

$170,000 by the end of 1984.


Income Statement

The income from cattle, calculated in Table 1, is transferred to the

first line in Table 5, the income or profit and loss statement. Other sources

of income, which are inputed data, are added to arrive at total cash income,

$378,631 in 1981. Each of the sources of income other than cattle are multi-

plied by a 7 percent growth rate in the program. The cash expenses (less

interest), calculated at $279,728 in Table 2, are added to the interest pay-

ment ($64 727 in 1981). Both are then subtracted to arrive at a total cash

income net of interest which is $34,175. Then, the non-cash adjustments from

Table 3 ($14,311) are subtracted to arrive at a pretax income ($19,864).

Income tax is calculated in Table 6 using the standard procedure,

beginning with the pretax income from Table 5 ($19,864 in 1981) The invest-

ment credit, calculated in Table 3 is subtracted in the calculations to arrive

at the adjusted income tax ($3,157 in 1981).

Returning to Table 5, the income tax is subtracted from pretax income to

arrive at funds for addition to retained earnings ($16,707 in 1981). If








dividends were paid, or there were other withdrawals, they would have been

subtracted.

Funds for addition to retained earnings ($16,707 in 1981) are added to

retained earnings from the previous year ($14,000 in 1980, a value read in)

plus non-cash reductions (which were subtracted earlier to arrive at the

pretax income used in calculating income taxes). Then, principal payments

(from Table 4) and the sum of new capital expenditures (from Table 3) along

with any reductions in retained earnings that year, are subtracted to arrive

at the ending balance of retained earnings. The net gain in retained

earnings for 1981 is $7,518 ($21,518 $14,000).

The retained earnings ending balance is shown as the beginning balance

the next year. The retained earnings are a running balance which means that,

if there is a negative retained earning in any one year, that negative number

is simply subtracted from +' beginning balance. If the ranch has the

retained earnings in some form such as outside stocks, or a savings account,

then they would offset their cash losses that year by drawing on that fund.

If they did not have a reserve, a loan would have to be taken out. This could

be shown in another computer run.



Net Worth Statement

The net worth statement is shown as Table 7. Each of the current assets

inputed is allowed to grow at a specified growth rate which is changed in the

program itself. A 7 percent growth rate is assumed in this example. Also

included in current assets are the retained earnings from the income state-

ment, PCA stock, and any other stock.

Cattle in intermediate assets are calculated by multiplying inventory in








the herd counts by market prices. The value of horses is allowed to grow at

the same rate as the inputed current assets. The value of machinery and

equipment is derived from summing the amount of cost recovery left on each

piece of equipment or machinery. The subtotal of intermediate assets in 1981

is $928,414.

The largest fixed asset is land, which has a total value of $5,706,000 in

the base year. This is calculated by subtracting the amount of land rented

from total land in the operation (Table 1), and then multiplying the residual

by the value of the land, a number which is also entered by the user. For

1981, there are 21,910 acres in use, of which 12,400 are rented (another

number supplied by the user and 9,510 acres are owned. Multiplying $600

(market value in this case) times 9,510 gives $5,706,000. This value is

increased at the same growth rate as the other assets (7 percent in the

example). Total assets for 1981 are $6,828,963.
Current liabilities include accounts payable, which are increased at the

predetermined growth rate (7 percent), and any other notes payable, or new

capital expenditures which were made but not paid for in that year.

Intermediate-term liabilities are from Table 4 while long-term

liabilities are inputed. The net worth is calculated by subtracting total

liabilities from total assets.


Sources and Uses of Funds Statement

A sources and uses of funds statement (Table 8) provides information on

how the funds were used in each year. In 1981, for example, there was a

profit of $19,864 (which is also the pretax income shown in Table 5). Adding

in the non-cash deductions gives a total source of $34,175.








Current inventory is the sum of the change in the first 6 items in

current assets in the net worth statement. No increase is shown in 1981 since

it is the base year. Principal payments are from Table 4.



Financial Ratios

Numerous financial ratios for profitability, liquidity and solvency are

provided in Table 9.



Production Costs

Various production costs are given in Tables 10-13.





















APPENDIX I




Information Required for BEEFLOAN









APPENDIX I



Information required for BEEFLOAN


Item

Cattle weights, averages at sale (Ibs.)
Med. 1 weaned steers
Med. 2 weaned steers
Med. 1 backgrounded steers
Med. 2 backgrounded steers
Med. 1 lightweight steers and heifers
Med. 2 lightweight steers and heifers
Med. 1 weaned heifers
Med. 2 weaned heifers
Med. 1 backgrounded heifers
Med. 2 backgrounded heifers
Utility cows
Cutter cows
Bulls
Percent lightweight calves grading Med. 1
Percent weaned calves grading Med. 1
Percent backgrounded calves grading Med. 1
Percent cull cows grading utility
Inventory numbers, beginning base year
Brood cows
Yearling replacement heifers
Bulls
Reserved
Reserved
Reserved


Your data













Item Your data


Animal management, current practices
Percent weaned calf crop
Percent brood cows culled
Percent brood cow death loss
Percent brood cows replaced by purchase
Percent heifer calves held for replacement
Percent heifer calves purchased
Percent bulls culled
Percent bull death loss
Percent bulls replaced
Percent market calves sold lightweight
Percent market calves sold at weaning
Percent market calves sold after backgrounding
Land use, current practices
Acres of native rangeland and carrying capacity
Acres of semi-improved pasture & carrying capacity
Acres of fully improved pasture & carrying capacity
Price of 400 lb. Medium No. 1 steers
Base year
Projected years
First
Second
Third
Fourth
Fifth
Sixth
Seventh
Eighth
Ninth
Tenth


__ ___ _________I__~_______


Your data


Item








Item Your data


Base year, projected growth rate (%) and expenses
Ranch management (annual)
Ranch foreman (annual)
Ranch labor (annual)
Payroll taxes (percent)
Workmen's compensation (percent)
Normal supplemental feeding (per head)
Backgrounding calves (per head)
Miscellaneous feed expenses (per head)
Veterinary (annual)
Fertilizing native range (per acre)
Fertilizing semi-improved pasture (per acre)
Fertilizing fully-improved pasture (per acre)
Liming native range (per acre)
Liming semi-improved pasture (per acre)
Liming fully-improved pasture (per acre)
Fertilizing sod (annual)
Liming sod (annual)
Seed semi-improved pasture (annual)
Seed fully-improved pasture (annual)
Normal machine hire (annual)
Other machine hire (annual)
Renting land and equipment (annual)
Conservation and consulting (annual)
Repairs and maintenance (annual)
General supplies (annual)
Gas and oil (annual)
Electricity and oil (annual)
Real estate taxes and licenses (annual)
Insurance (annual)
Telephone use (annual)
General office materials (annuals)


_I i ~


Your data


Item


I













Item Your data


Cost recovery, equipment
Current age (years)
Length of cost recovery (years)
Original cost
Salvage value
Method (0 = straight line, 1 = cost recovery)

Cost recovery, animals
Current age years~)
Length of cost recovery (years)
Original cost
Salvage cost
Method (0= straight line, 1 = cost recovery)

Cost recovery, buildings
Current age (years)
Length of cost recovery (years)
Original cost
Salvage cost
Method (0 = straight line, 1 = cost recovery)

Losses
Abandoned capital assets
Bad debts and other
Average amount of short-term accounts you owe
Short-term bank notes and outstanding drafts


Intermediate term liabilities
Principal owed at beginning of base year
# 1 (PCA)
#2
#3 __
#4 _
#5 _


See pp. 8 & 9
of this
Appendix for
input form




See p 10
of this
Appendix for
input form




See p 10
of this
Appendix for
input form


#6
#7
#8
# 9(PCA)
#10(PCA)


i 1_____11;=1 __1________11 ~~_~~_____C


Your data


Item





Projected Principal Payments

Liability No.


Year 1 2 3 4 5 6 7

Current (base)

Projection year
First


Second


Third


Fourth


Fifth


Sixth


Seventh


Eighth


Ninth


Tenth


8 9 10














I tem Your data


Interest rate on:
Loan # 1 (PCA loan only )
Loan # 2
Loan # 3
Loan # 4
Loan # 5
Loan # 6
Loan # 7
Loan # 8
Loan # 9
Loan #10
Long-Term Liabilities


Primary


Secondary


Year prior to b
Base year
Projection year
First
Second
Third
Fourth
Fifth
Sixth
Seventh
Eighth
Ninth
Tenth
Additional rand
Sod


Timber
Horses
Hogs
Seed
Dividends


ase year


h income, current annual


Dividends
Miscellaneous


paid (annual average)


__ __ _~ ~~I~


Item


Your data












Your data


Item

Inventory, normal annual
Feed
Seed
Supplies
Fertilizer
Cash
Miscellaneous
Horses
Retained earnings, last year
Percent appreciation rate of land
Average value per acre
Market ( ) or Assessed ( )
Value other fixed assets not accounted for
Value of stocks and securities belonging to ranch
Number of acres rented by year
First
Second
Third
Fourth
Fifth
Sixth
Seventh
Eighth
Ninth
Tenth


Reduction, reta
Base year
Projected years
First
Second
Third
Fourth
Fifth


ined earnings


Sixth
Seventh
Eighth
Ninth
Tenth


__ ______












Growth
rate, Years Length
purchase since of cost Original Salvage
Name, equipment price purchased recovery cost value Method














Growth
rate, Years Length
purchase since of cost
Name, equipment price purchased recovery


Original Salvage
S cost value Method


_~__ _____ ___ ___ _I __
____i~l_




1-10


Name, animals


Growth
rate, Years Length
purchase since of cost Original Salvage
price purchased recovery cost value Method


Name, building


_ _I_ ~I ~~ _I_____


__




















APPENDIX II



Input Format










Date__ Job


DATA CODING SHEET
Northeast Regional Data Center


Customer Nanme -
Phone No.


MARKET WEIGHTS
AND GRADES


---- CATTLE HERD COEFFICIENTS


LAND USE


-CATTLE PRICES


























































COST RECOVERY--MACHINERY AND EQUIPMENT


-OPERATING
EXPENSES


'60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90











90 _
91
92
93
94
95
96
97
98
99
100
101
102
103
COST RECOVERY--
104 MACHINERY AND EQUIPMENT
105
(;)
106
107
108
109
110
111
112
113
114
115
116
117
118
119








































I-1
COST RECOVERY--
ANIMALS































COST RECOVERY--
BUILDINGS





















- CAPITAL LOSSES












I I I II I i


7 VVVTTFVTT7
:1111 Iii Ii~P


8"I i i i K Ii i I II r I i i 1 i i I i t I l t I i V 1W 1 1 I I l _i r/B _i
I j U I i UHI III_[_I
182 i i i I i I I I I I

184 tT i .
185 '1 I I I JI I !,I o I INTEREST RATES ON INTERIMDIATE LOAn;S
186
187__ I
188 IAt i NI I I

190
191


194
195
196
197
198 PRINCIPAL PAYMENTS ON INTERMEDIATE LOANS
199
200
201 RESERVED
202 LONG TERM LIABILITIES
203
204 SHORT TERM LIABILITIES
205
206
207 __ ___ INTERMEDIATE TERM LIABILITIES
208









~-r r---r---1 -I ~r-r--,--- r-r--r-r r-r -h -


F, ,. f. 1 I F F j F FiI 1,l I

I; [ 1 II | i I I








DIVD ENDS
SI i i i I 1 I i 1 / ', I I i I i I I I





RETAINED E: BRINGS
-F F F' I i I IK










FIXED ASSETS __
F A ... STOCjK









REDUCTION, RETAINED EARNINGS
LAND RENT


:-1- i ---?---TI--r- 7---7---:n----~--r----T-~--r---ll -1-. ---~~--I ~~-- -.--~---------~-~-~-i---t--~-*i~-~



















APPENDIX III



Input Data by Line and Column








APPENDIX III
Input Data By Line And Column

Line Column
number Description numbers

0 Sale cattle weight, Med. 1 weaned steers 1- 6
S Med. 2 weaned steers 7-12
S Med. 1 backgrounded steers 13-18
Med. 2 backgrounded steers 19-24
Med. 1 lightweight steers
S and heifers 25-30
Med. 2 lightweight steers
and heifers 31-36
S Med. 1 weaned heifers 37-42
S Med. 2 weaned heifers 43-48
Med. 1 backgrounded heifers 49-54
Med. 2 backgrounded heifers 55-60
Utility cows 61-66
Cutter cows 67-72
Bulls 73-78
1 Percent lightweight calves grading Med. 1 5- 6
Percent weaned calves grading Med. 1 11-12
Percent backgrounded calves grading Med. 1 17-18
Percent cull cows grading Utility 23-24
2 Number brood cows in base year 1- 6
Number yearling replacement heifers in base year 7-12
Number bulls in base year 13-18
Number newborn calves in base year 19-24
Number cows culled in base year 25-30
Number heifer calves held back for replacement
in base yer 31-36
3 Percent calf crop
4 Percent brood cows culled
5 Percent brood cow death loss
6 Percent brood cows replaced by purchase
7 Percent heifer calves held for replacement
8 Percent heifer calves purchased
9 Percent bulls culled
10 Percent bull death loss
11 Percent bulls replaced
12 Percent market calves sold lightweight
13 Percent market calves sold at weaning
14 Percent market calves sold after backgrounding
For lines 3-14
Base year 4- 5
First year of projections 9-10
Second year of projections 14-15
Third year of projections 19-20
Fourth year of projections 24-25
Fifth year of projections 29-30
Sixth year of projections 34-35
Seventh year of projections 39-40
Eighth year of projections 44-45
Ninth year of projections 49-50
Tenth year of projections 54-55





III-2


Line Column
number Description numbers

15 Number of acres of native range land
16 Number of acres of semi-improved pasture
17 Number of acres of fully-improved pasture
For lines 15-17
Year preceding base year 1- 6
Base year 7-12
First year of projections 13-18
Second year of projections 19-24
Third year of projections 25-30
Fourth year of projections 31-36
Fifth year of projections 37-42
Sixth year of projections 43-48
Seventh year of projections 49-54
Eighth year of projections 55-60
Ninth year of projections 61-66
Tenth year of projections 67-72
Carrying capacity (head per acre) 74-77
Price 400-500 lb. Med. 1 steer & cycle code,
18 base projection year 1-6 & 8,10
19 First projection year 1-6 & 8,10
20 Second projection year 1-6 & 8,10
21 Third projection year 1-6 & 8,10
22 Fourth projection year 1-6 & 8,10
23 Fifth projection year 1-6 & 8,10
24 Sixth projection year 1-6 & 8,10
25 Seventh projection year 1-6 & 8,10
26 Eight projection year 1-6 & 8,10
27 Ninth projection year 1-6 & 8,10
28 Tenth projection year 1-6 & 8.10
Percent growth rate and operating expenses
in base year
29 Manager 3-4 & 5-11
30 Foreman 3-4 & 5-11
31 Labor 3-4 & 5-11
32 Payroll taxes 3-4 & 5-11
33 Workmen's compensation 3-4 & 5-11
34 Normal supplemental feeding 3-4 & 5-11
35 Backgrounding calves 3-4 & 5-11
36 Miscellaneous feed expenses 3-4 & 5-11
37 Veterinary 3-4 & 5-11
38 Fertilizing native range 3-4 & 5-11
39 Fertilizing semi-improved pasture 3-4 & 5-11
40 Fertilizing fully-improved pasture 3-4 & 5-11
41 Liming native range 3-4 & 5-11
42 Liming fully-improved pasture 3-4 & 5-11
43 Liming fully-improved pasture 3-4 & 5-11
44 Fertilizing sod 3-4 & 5-11
45 Liming sod 3-4 & 5-11





III-3


Line Col umn
number Description numbers

46 Seeding semi-improved pasture 3-4 & 5-11
47 Seeding fully-improved pasture 3-4 & 5-11
48 Normal machine hire 3-4 & 5-11
49 Other machine hire 3-4 & 5-11
50 Renting land and equipment 3-4 & 5-11
51 Conservation and consulting 3-4 & 5-11
52 Repairs and maintenance 3-4 & 5-11
53 General supplies 3-4 & 5-11
54 Gas and oil 3-4 & 5-11
55 Electricity and oil 3-4 & 5-11
56 Real estate taxes and licenses 3-4 & 5-11
57 Insurance 3-4 & 5-11
58 Telephone use 3-4 & 5-11
59 General office materials 3-4 & 5-11
60-119 Cost Recovery, equipment
Name 1-12
Growth rate, purchase price 13-14
Current age 15-17
Useful life 18-20
Original cost 21-28
Salvage value 29-36
Method 37-38
120-149 Cost Recovery, animals
Name 1-12
Growth rate, purchase price 13-14
Current age 15-17
Useful life 18-20
Original cost 21-28
Salvage value 29-36
Method 37-38
150-179 Cost Recovery, buildings
Name 1-12
Growth rate, purchase price 13-14
Current age 15-17
Useful life 18-20
Original cost 21-28
Salvage value 29-36
Method 37-38
180 Losses from abandoned capital assets and losses
from bad debta and other 1-7 & 8-14
181 Short-term accounts due
182 Short-tem bank notes and outstanding drafts
183 Reserved





III-4


Line Col umn
number Description numbers

184 Intermediate term debt, principal owed, one
year previous to base year.


Loan 1
Loan 2
Loan 3
Loan 4
Loan 5
Loan 6
Loan 7
Loan 8
Loan 9
Loan 10


(PCA loan only )


1- 8
9-16
17-24
25-32
33-40
41-48
49-56
57-64
65-72
73-80


(PCA loan only)
(PCA loan only)


Interest rates on intermediate loans


Loan
Loan
Loan
Loan
Loan
Loan
Loan
Loan
Loan
Loan


decimal
decimal
decimal
decimal
decimal
decimal
decimal
decimal
decimal
decimal


point
point
point
point
point
point
point
point
point
point


col umn
col umn
col umn
col umn
col umn
col umn
col umn
col umn
col umn
cal umn


1- 5
6-10
11-15
16-20
21-25
26-30
31-35
36-40
41-45
46-50


Principal payments on intermediate loans by year


Base
First
Second
Third
Fourth
Fifth
Sixth
Seventh
Eighth
Ninth
Tenth


Loan 1
Loan 2
Loan 3
Loan 4
Loan 5
Loan 6
Loan 7
Loan 8
Loan 9
Loan 10


(PCA loan only)







(PCA loan only)
(PCA loan only)
(PCA loan only)


1- 7
8-14
15-21
22-28
29-35
36-42
43-49
50-56
57-63
64-70


186
187
188
189
190
191
192
193
194
195
196





III-5


Line Column
number Description numbers

Long-Term Liabilities (Primary & Secondary loans)


Year prior to base year
Base year
Projections by year


1-9 & 10-18
1-9 & 10-18


1-9
1-9
1-9
1-9
1-9
1-9
1-9
1-9
1-9


First
Second
Third
Fourth
Fifth
Sixth
Seventh
Eighth
Ninth


Income, Additional
Sod sales
Timber and pulp
Mares and colts
Hogs
Seed
Hay
Stock dividends
Miscel aneous

Base year
Projections by year

First
Second
Third
Fourth
Fifth
Sixth
Seventh
Eights
Ninth
Tenth

Reserved for future input
Dividends to be paid
Base year
Projections by year


197
198


199
200
201
202
203
204
205
206
207


1- 7


8-14
15-21
22-28
29-35
36-42
43-49
50-56
57-63
64-70
71-77



1- 7


10-18
10-18
S10-18
S10-18
S10-18
10-18
10-18
10-18
10-18

1- 9

10-18


209
210
211
212
213
214
215
216





III-6


Line Column
number Description numbers


First
Second
Third
Fourth
Fifth
Sixth
Seventh
Eighth
Ninth
Tenth
Inventory (dollar amounts)
Feed
Seed
Supplies
Fertilizer
Cash on hand
Miscellaneous
Horses
Year prior to base year
Base
Projections
First
Second
Third
Fourth
Fifth
Sixth
Seventh
Eighth
Ninth
Tenth
Retained earnings in year prior to
Fixed assest


8-14
15-21
22-28
29-35
36-42
43-49
50-56
57-63
64-70
71-77


1- 6
7-12


base year


Percent appreciation rate of land value
decimal point on column 3
Average value per acre, base year
Value of other assets not already accounted
for, base year
Value of ranch owned stocks and securities
Previous to base year
Base year
Projections by year


13-18
17-24
25-30
31-36
37-42
43-48
49-54
55-60
61-66
67-72
1- 8


1- 4
5-10

11-16


1- 6
7-12


219
220
221
222
223
224
225


226
227


228







III-7


Line Col umn
number Description numbers


First
Second
Third
Fourth
Fi fth
Sixth
Seventh
Eighth
Ninth
Tenth


13-18
19-24
25-30
31-36
37-42
43-48
49-54
55-60
61-66
67-72


Acres rented


Base year
Projections by year

First
Second
Third
Fourth
Fifth
Sixth
Seventh
Eighth
Ninth
Tenth


Reduction in retained earnings


Base year
Projections by year

First
Second
Third
Fourth
Fifth
Sixth
Seventh
Eighth
Ninth
Tenth


230


1- 7


-8-14
15-21
22-28
29-35
36-42
43-49
50-56
57-63
64-70
71-77



















APPENDIX IV



Program












APPENDIX IV-A


FORTRAN JU C LEVEL 21 MAT DATE = 82238 10/46/51 PACE 0001
C THIS PROiGRANM i0 -EUELLPED DY JAiiES R. SIhPSOH, FOOD ND
C
C RESGUiCE ECONOMICS CEPARTEKIT AT THE UNIVERSITY OF FLORIDA.
C
C ;i.m;ri.[ IIPUT CO HS THE FRTP.'M r i fTi AND PROGRAMMING WAS
C i" r [, I -On ALOERS'l, JEFF /',ifOl'. IRAN LDHG, AHD JOHN OTTE.
C THIS IS THE APRIL, 1932 VERSION.
C
C
0001 OIhMESI I t M ,E(200,1) ,EITC(2H,12),EHC(200,12),TTC(1),ETC(20),
fIRC(20C .), TJC(13), SYDo(,0),iETI(200),DCD(200),PC(,12),fCD(12),
tAM(d60), AB(30,il (2,15,1)
0002 '.- 1 r,:( f, .. iT i : Tl "5
t *' I13 J' ,d* ', I. h,.5 II .
.,." "- 1 !- : i I ...>.; 1. ( ].. .L i.E l ;.' l.l ,l.}),
i. ; *'. ; i* u **1 2 1 I U n .
fUnT(12L),U 7,i2),.UP;4,13),a(O(i),BRATE(12,12),H(12),
{tiFF(13,li),L1PC l),1T(ll).M<(L),
i. '' ." n I. .m :.'L .i ,.TD(11),
S:-., : .. I :. ll .' 1 il), T DSU(1 ), TIOOCEX (31) ,1l
{ ,--, 1 1 ;l, il .**l i -- J II ),1PCAiSTE(1l,l ),-PRPAYT (ll),
ISTRPC(dJ1 )>,O(lTt (121,FET1(11),C:L (12),Cii(12),CL2(12),
ICOLh3(12), CL0P (12),,O;h5(1)2LCOLtd 12),CDLn7(12)CiL8(12

SUiLTFX(12) TELFAS(12), 2O3,12)22(12)2), U!BTST(12),SUSTIT(12),
SUBTLT(12T),T TLIT(12)lDCI(11I),CI(,),SlR(l)S11 I(),CZ17(3,11
ITSS(ll)TU3(1)'I 1),RE(l R(11TR(R 1 f1(l CR(H HE(/),
EL(11d),RETRED(12),TODT(i(ldl),il)
000 REAL HUdB(1 3)JIR3,1)lD))3,13).
1LDSBAB (2, 11) ,LTLI8(12,1 1IHiTRAIT(lll ),!EUUAeR(l ),HAIN!TX(1L),
lIHCTAX(lL)IPfAY(12,11), liLTL(12,11),LTLIT(1ll),Iii YT(1d),
IMLTLT( il) ETCH(I1), LAOT(12L) IHFLTLKNDRTI1(I2),iCI(li)>
fILTI(1tl),LTD(1ll),I!>(11),ILD(2,11),LSR(2,11)IEC(1)
#,IRl(l) ,LR(IL)LE(11) LARfiR(12), ^GSE(11)
004 ISTE;EfR TiE!E(11l), fE(2).YU(200)
C OEIXIKE N 7iABLE 1
00i5 DO 151 J=2.11
0007 I=J-1
"a08 151 TItE(J)=TIlE(I)+1
0004 117 READ(5,188) (O(I,L),I=1.13)
000 188 FIdAT(13FF.0)
0011 DO 101 J=2,12
0012 DO 11 I=1,13
0013 (I,J)A-(I,1)
0014 101 COCTI!UE
C INITIAL IIJEHTDRIES 1-COUS 2-YEARLIHGS 3-BULLS 4-NEU CALUES 5-CDUS OUT
C 0-HEIFEPS IH
C MARKET SG. DES 1-LIGiT/IDHOICE 2-IEANEiE/CMOICE 3-0G/CHDICE 4-COM/UTILITY
0015 TREAD3(,1l02iRE
001 102 -: -i7, '
0 17 ;-.-. li... 1.1;.i=1,6)
0018 112 .
C ;I.i. L ..;Ll.' 1iLL ILELD ZERO HERD CROUTH PHER SATISFIED
C -*.,iiE .1 .-'i~. J.,=(7)(eRATE(2,J)+RATE(3,J)+RATE(4,J))/RATE(,J)
0o19 DO 103 I=1,12
0020 103 READ(5,1 6)RATE(IJ),J-2,12)
0021 14 FOR AT(i1F5.3)
0022 DO 143 1=13
0023 143 RED(5, t44)(L8ND(IJ),J-,13)
0024 144 FORIAT (12F6.0,FS.3)
0025 DO 113 J=1,12
0024 LAMDT(J)=0.0
0027 DO 148 I=1,3
0028 148 LAYDT(J)=LHDT(J)+LAHN(T,J)
C 1-CO .:-,:P'i'-".JiLL LIRTH/FIRST YEAR CALF DEATH
C 2-CO. I':l i-.L,iin L, ; 4-COW PURCHASES
C 5-HEIFER- ETAIhED 6-HEiFERS FURCHASES
C 7-BULL CLL 8-L UL DEATH 9-ILLL PURCHASES
C 10-LIGHTiEIGHT SALES 11-iEPHED SALES 12-BACKGRIUNDED SALES
0029 HUB(41,)=hV!(1,1)RABTE(1,2)
0030 lt!(5,1i)=.U(Id,l)l(RATE(2,2)+R~TE(3,2)-RATE(4,2))
0031 HUB(d~,)=UE(4,1)0.5'(RATE(5,2)+RATE(,2))
0032 DO 250 J=2.12
0033 L=J-1
0034 RHB(1,J)=HUB(1,L)+0SUB(2,L)-NlB(5.L)















LEUEL 21


DATE = 82238


FORTPAN IV i
0035
00N3
0037
0033
0031
(02
OW
0044


0N7

V749

0,'"5')
0-.5i
5tSl


0454
570
0-53
5955




4di
43
d5





Oi.dd
0040


0470
Mnl
0070
0471
0072
0(73
0-75
0076
0-177
0074
0078

081q
0-012
0003


ooq2
0008
0407
0094


02-90
4q87





0014




0102
0108
0103
0100
0042
0102


0U?(2,J)=:lh(d,L)f(1.0-RAE(3,J))
lU:(2,2)-=iU(2,1)
UB(3, J)=il(3,L)-(ERE(7.J)RAMTE(8,J)))UlB(3,L)+RATE(9.J)
Sil1 (3.L)
HUB(k,J)=HUe(1lL)RATE(1,J)
kUl(5,J)=fP(1,L)k(PTE(2,J)qRATE(3,J)-RATE(L.J))
XUS(6,J)=HUE:(h,L)NO.5!((ATE(5,J)J)ATE(MJ)
lU6 (7J)=HR(,L() 0. 51(5rATE(l1lJ)) gloR6f E(2)
XUB(8,J)=NUB(LL)0.5fl(OOTE(1,J))*(1{-OADE(2))
I!UR(4,J)=Hil(0,L)IO:.5GPATE(12,J) GeDE(3)
NUM(10, J)=UB(0,L)10.5RTE(12,J)h(1-GRADE(3))
H(J)=?TE(5,J))RLTE(d~,J)

I$ TE(10,J)) =P M(1).i
U0(12, J)=(LUS(0.L)!LFOTE(10,J)W0.5+HUi1(L)lO.50(1-H(J))M
SATU(10,.J)'1-G1ADE(1))
HU(13 ,J)LE(,L)J)0 .5(1-H(J))W ATE(11,J)BRADE(2)
AU(lI, J)=HU (,L)nO .5 (1-H(J))4ATE(11,J)0(1-GR0E(2))
U(15, J)=HuB(iL)KO.5(1-H(J))KRATE(12,J)KGRBDE(3)
UfiB(1,J;=:US(h,L)rO.5l(1-H(J))WRATE(12,J)(1-CR0DE(3))
HUa(17,Dj)=NLU8(1,L)^;!;MEL(2>J) GR;ER^)
US(130,J)=!!Au(1,L)4PAT(2,J)J(1-GfRDE())
1U(9(1 = J)A1NM(3.)LR1 1E(7,J)
250 CONTI-iE
DO 255 J-l,12
aUi(1,J)=li<(1,J)1.0
01U(2,J)=HUS(2,J) l.O
0U(3,J)="U8(3,J).1.5
SU(, J)=SUM(h>J)N0.25
AUiS,J)=U15(5,J)Bl.0
U(dJ)4U J=1(,J)1 .5
U (7,J)AU F(l,J)+iU(2,J)+ ;t(J)+(A(J)NU(4,J)- (5.J)).5
FUP(1.J)=LI.(D(1.J).rL;aO 113)
ADFP(2,J)=DIFF(2,J)rL(k(J)(2.13)
ADUP(3,J)=lAD0(3.J)LO CP(0(3.13)
rDIF(1oJ)= J)+((JAiP(1)J) + )((2 IP J)
255 ClOTIPUE
-0 100 J=-lli






UDIFF(,J)=.DIFF(,J )
D0 107 I=1,13
SU N((J)=SiiN(J)+NUB(IJ+6,Jt1)
104 COTIMuE
DO IN1 J1=,1

DO l 0 J=1,11
DIFF(1,J)=-I0.( (I,

IFT(lI, J)=DIF"(I, J)t(k(J)B5.5)t(l(J)W0.5)
DIF0(5 IJ)=13.38-(0.9l+OCP(J)-(K(J)5.)-(fJ 7)
DIFT(4J)=.Sl .1-().33i.CP(J -(K(J)B.l1)-<((J)d.04)
DIFF(7J)=-2.0+(0.3A0C$FJ()-(K(J)1(.9E8)-(fl(J)Th.80)
[IFF(8, J)=IDIFF(7, J)+(f(J)I-)+(fl(J)+2)
CIFF(l,.J)=DIFC(7, )-((J)8I.5)-H( 55)
DITFF(1J)DIFF(7.J+(K(J)M1)(h(J)40.5)
DIFF(11,J)=-9.70+(0.5ti(CP(J)) +(K(J)3.23)-(<.991(J))
DIFF(12J)DIFF2T(11.J)+(C(J)+0)+(1I(J)02)
iIFF(13>J)=-10.0a+(0.6(ACP(J))+(K(J)i.82)-<((J)m.l8)
DO 046 1I=,13
4IFF(L2J)2-DIFF(ILJ)
P(I,J)=SCFP(J)+DTIF( J)
d6O CiNTINUE
D0 107 I=1,13
DO 107 .1=1,11
IH(I,J)=U(t, J)MP(I.J)/100
107 CKITIIUE
0 1( I0=1,13
M 183 J=lll
T(I, J)=IHT(H0E(IdJtl1)+0.5)lI(IJ, )
108 COUTIUE
D 1019 J1=l.11
SUllT()O=0.0
DO 10 1=1.13
SUllT(J)=SUi1TJ)tT (I,J)
109 COiTI-OUE
CflLL FICTUR (P,DIfr,TIflE)
URITE(U.llO)


10/4d/51


PACE 0002












FORTRAH IV C LEUEL 21 .ATH DATE = 82218 10/4d/51
0110 110 F .fAT('1',17X,'T R L E 1 : P R J E C T I H S 0 F I H
0 C 1F IE B Y C A T T L E S A L E S//
]35X,'P ROJ EC T I S OF HE RD SIZE AND LA D
U T I L I Z A T I 0 '////)
0111 DO 199 J=1,11
0112 IRITE (0,1'1)TIME(J)
0113 198 FO TGT(3-X,( '-')/3.:0,':',4a I,4 X,' :.0 1, '- 1/307X,' 3X,
9'wEI_0 r/ Ei. D',3?. ''. X, 'i:X'BER '',X, P' ', i- J ,': ',3X,
8'IKCLidE/HED ',3X, ~3'.X, llT IHCCE',2X, 'i'/3X0q1(' ')/30X,'I',
7X, 'LBS ',7X, ', X, D ', X' L I',23, 'DDOLLAS', 23X,' '730X
UC91 ')///)
0114 191 l;ITE(6,R?)((U(IJ),kG1(I I .. i.1 i I,J),I=l,13),
SUM n(JtSLT(J),(IB( ,Jtl) i 1 i ),
n(cLO(dI,J1i AP(IJ+1l)).L:I '- i,
0115 197 F u;fRT(lX,'CALvES '/3(, 'EilED STEERiS'/10C, 'CIC E'.1,i2F8l.O,3F18.
2/l10X, '- 0,',ilX, 2F11.,3718' 2I/lX, 'E:ACKfROtiDED STEE.S'/1, '1!3I
fCE',x,2Fi13 O,JF18.2/10 X, 'CD'',l X,2F18.0,F18.2//3,X, 'LICHTIEIIHT
SSTiEES 8 hEIfESI'/1o", '(ICE'.' F 80,2FI.r2, 18.2/10X,', 'CD',11X,F
18 jF18 2//;1X, 'kME1 F. IFERS'/1,' 'C; lICE ', X, 218 0,3F18.2/10X
K, C', I>T', 311.0, 8,-18 2//.:, '[ %t.aUi; 8ED ,EIFE11'/,1) 'iGL ICE',
n,,i'2F iS ;: i:3 :2/10,'02',11X, 2F18.FO,I IS, i 2//. I;: L CC!S'i/3X,
F.,LE AT CIeIG'/10X,'UTILITY',, 2Fi18.8,3F18 2/10X. 'LUTER'91X,2F
r!3 0,3F1i 2//1X, 'MLL'', i':,9,F13.Q,jFI3.2l///iX1 'TUIALS',36X,Fl3.0,
3 ,1 211///120(l ')1 /I X,73( )/lX, ',7X,'"HEDB', ,'/ I',3X,
'-'!2r., L L'ITS'/DSXJ3( ')/IX,T ERD CUHNT (END CF YOEA)'/3X,
C' 3Ui]D CL:; i',31X,
X2-YJ8.0//3X'.: 'TL -" EIFERS',
n25X,;28.o.//, .-;. ELLLS',]3X ,2F78.0//3X, '1EAIED CALUES',
28aX, 2fi 3.O,//3X 'Cliii( Ti; Ft-. .- ', Id2Fi //I;X, EEPLCEEEHT HEIF
0Er CALREC ',ld,2F18.i/AX. -i.. A I.rlAL UITS'.4 ,FIt.O//
KrSX, 7(' ')/I 8X 'Id.,'RES'; X, I T' F ',C'.r.CITY (AU)'/
rS8X,73('-')/1X,'Li. N iuTILIZATI8C'/3X, -hil -,.;,I :'; :,2F13.0//3X
i 'IElI-IiPDOVED PASTIuE',2X,2F18.0//li LLL. in"V"J ED PASTURE',
10,Y,2Fl8.0//lX,'TOTAL Ci.iYIFS CAPACfit .*. ,i:' 1.
o011 WITE (4,222)
0117 222 FM8/T ('1')
0118 14q CiTfbi.UE
C ECD T1SLE 1
C ['IECGI~I TA[-LE 2
0110 iiITE(d,dl)
0120 41 FOMfAT '1',25X, 'TAItL 2 : PROJECTIONS OF OPERATING EXPENSES ( L
ESS IiTEREST )')
0121 LRITE (6,611) TIME
0122 411 FOPdAT( //25X,5('-')/25X,
'i',' ',12('I',7x)/25X,'I', 'C!DUTH',12('I',7X)/9X,
i'ITi',12X, '',' pTfC 'i, '"',1(2X, I, i,'"')//25X,
g.- --',--4A0('-'), 'DCLLP.RS',41('-')/25X,
i'!',iiX.12('i',7X))
0123 0DD 0 I=1,5
0124 4 RKAD(5,2) (Z(IJ),J=1,2)
0125 42 FiDiAT(F4.2,F7.0)
0124 DO 63 I=1,3
0127 D3O 3 J=3,13
0121 1.=J-1
0121 Z(I,J)=Z(I,L)P(1.0+Z(T,1))B (ij(7, J)/0U(7,L))
0131 Z(5,J)=(Z(3,L)+2(2,L)+Z(,L))niZ5,2)/1l0
0131 63 7 0132 UITE(2,~5) ((ZCIJ),J-1,12),;=1,3),(Z 4,1=,5)
0133 45 FDOPHAT(1,'CASH EXPEPSE'//3X,'LfE-BCR AND FRIHGES'//5X,
"'RANCH nfHGEr.EHT',7X, (F.2,U1F8.0)/
/SX'RAl8iCH FQ.EH^H',1OX,(Fh.2,llFS..)/
S/5X, 'RACCH LA R',12X, (F4.2,11F8.0)/
5 /SX,' mYPOLL TAXES (',F3.0,'2)',2X,(F4.2,l1F8.0)/
t/S5X, 'URKfENS COHP. (',F3.0,D)',2X,(F.2,11F8.0)/)
0134 DI d6 J=2,12
0135 SU1(J)=8.0
0134 D00 6 I=1,5
0137 66 SUl(J)=SUi(J)+Z(I,J)
0133 NITE(D,a7) (SUM(J),J32,2)
0131 47 FDOrMT(25X,97('-')/5X, 'SUilTOTAL',19X,IIF8.0////)
01O4 DO 3 1=1,3
0141 3 READ(5,1) (Z2(I,J),J=1,2)
0142 1 FEMAWT(F4.2,F7.0)
0143 DO 2 1=1,3
4144 DO 2 J=3,13
0145 22(I,J):=HU(I,J-l)n(Z([,2)K(I+Z2(Il))n(J-3))
0144 2 Z2(2,J:(UH(%qJ-l)+HU0(lJ-1)+U,(15,J-1)+NUB(1J-))


PACE 0003














DATE = 82238 10/46/51


l<(Z2(2,2)i(ltZ2(2,1))ii(J-3))
0147 'ITE'd.) (Z2(L1),2(LIJ),J3,13),Z2(L2),I=1,3)
014 4 FO?,AT(1X, 'CATTLE EEXESE'//I,'FEED'/5X, 'ClWS
SI'", 2 1/1 J, :W,'(S',F3 0,'/HEAD IM BASE YEAR)',
: :,', 4 ui -l',1iX,(F .2,11F8.0)/5X, '(S',F3.0,
S'/11H IH THE ASLE YEARI'/5X,'OTHER'.18X.(FR.2,11FS.0),
1/5X'(S',F3 0,'/HEAD I BAESE YEAR)')
OMI9 00 5 J=3,13
015) SUM2(J-1)=o.0
015i DO 5 I1l,l
0152 5 ..'. :-I1, ;Ul2(J-l)+Z2(1,J)
0153 .- i .1 (M1i2(J-1),J=313)
0!54 9 F;.-(5,7) (Z3(1>J),J=1,2)
0155 7 FLi.,ir(Fl.2,F7.0)
0?1s DO 8 J=3.12
c157 L=J-1
H153 8 Z3(1,J=Z3(1,L)(1.0+Zl(1,1))th(Ai(7,J)/AU(7,L))
?1 -?ITE(D,10> (73]1.J),J:,12)
O^ 10 FORMAT(3X, 'UETERINARY',ISX. (F.2,11F8.0)///)
c1ii DO 13 1=1,3
612 13 "~~"' 11) (ZM(I,J),J=1,2)
603 11 :' '. f,. 2,F7.0)
Ole4 DD 12 1=1,3
01!5 DO 12 J=3,13
01dd L=J-1
0167 Z4I,J)=LAD(I,J-i)#(1i(L2)a((1Z4Il))nn(J-3)))
0163 12 "-'T iC
0169 .;ii. ; 4) (Z4(I,1),(Z4(LJ),J=3,13),Z4(I,2),I1,=3)
0170 14 rF'rT.i. Fi:TUE EXFENSES'//3X,'FERTILIZER'/5X,
Sii'' i 2i',l,(FR.2,11F8.0)/, 5,
'(9',F3.,7'/ACM IN EASE YEAR)',/5X,
g'SEdI-ITP egED',1OX,(F4. 2,ilFS.)/SX,
'(S',F3. 0,'/ACRE IN BASE YEAR)',/5X,
V'FULLY IPFOUED'.9X,(% .2.11F9.0)/50X
<'(S',F3.0,'/ACRE IN BASE YEAR)')
0171 DD 15 J=3,13
0172 SUl1(J-1)=. .0
0173 LD 15 1=1,3
0!74 15 SU0q(J-1)=SUl0(J-1)+24(I,J)
0175 AHITE(6,X7) (11il4(J-1),J=3,13)
C LIE
017O DO 19 I=1,3
0177 19 r'. '5 1; (Z(I,J),J=1,2)
6178 17 :'.r.r, 2,F7.0)
0179 Hi I'J 3
180 D0 18 J=3,13
0181 25(I,J)=LA0D(l,J-l)(/iI,2)((1+Z5(I,1))KK(J-3)))
0182 18 C ITIMUE
0183 -i '., >1;) (25(I,1),(Z5(I,J),J=3,13),Z5(I,2),I=1,3)
0184 20 ;-.Er. :-.'LIDE'/SX,
'HOTIJE RiVAE .11, if! 2,11F8.0)/,5X,
t'<(,F,.O, ',.*I(.fI i 'StC YEAR)',/5X
C'SEHI-I7PRDVED',188X,(F04.2.11F8.0)/5X,
9'(0',F3.,'/IACRE IN 0PSE YEAR)',/5,
S'FULLY IPFOUED',9X,(' 4.211F8.O)/5X,
1'(S',F3.0,'/ACRE IN 6ASE YEAR)')
0185 DO 21 J=3,13
0184 SUi5(J-1)=0.0
0187 DD 21 1=1,3
6188 21 SUl5(J-l)=SUl5(J-1)+Z5(IJ)
0189 URITE(d,67) .(SUf15(J-1),J=3.13)
019. DO 25 1=1,2
0191 25 READ(,23) (Z6(I,J),J=1,2)
0192 23 FOPIAT(F4.2,F7.0)
0191 DO 24 I=1,2
0194 DO 24 J=3,12
0195 L=J-1
01q4 24 Zd(IJ)=Z6(I,L)(1.O+Zd(I,1))
0197 UIITE(6,223)
o198 223 FO AT('i')
0190 URITE(<,26) ((Z(I,J),J=1,12),I=1,2)
0204 2 FIORAT(3X, 'SOD'/5X, 'F RILIZER'/5X, '(ADDITIONAL)',11X
,.(F4.2.11F8.0)//5X,'LInE(ADDITIGNAL)',7X,(F4.2,11F8.0)/)
0201 DO 27 J=2,12
0202 SUS4(J)=:.0
0203 DO 27 I=1,2
0204 27 SUHW(J)=SUM1(J)+Z6(I,J)
0205 IRITE(64.7) (UJik(J),J=2,12)


FDRTRA TU C LEUEL 21


PACE 0004















PACE 0005


FORTRAH Y LEVEL 21 FATui DAE = 82238 10/
020 DO 31 I=1,2
0207 31 READ(5,2q) (Z7(I,J),J=L2)
O208 29 FORlFT(F4.2,F7.0)
02o0 0O 30 1=1,2
0210 DO 30 J=3,12
0211 L=J-1
0212 30 27I,J)=Z7(IL)(1.0+Z7(L1))(AUP(LhJ)/2UP(4L))
0213 RBITE(,32) ((Z7(I,Jj,J=1,12),I=1,2)
0214 32 FORhAT2 3X,'SEED'/5X, '~EMI-IPROUEDP',1X,(F4.2,11F8.0)/
S/5X, 'FULLY IMPROUED',.X,(F4.2,11F8.0)/)
0215 DO 80 J=2,12
0210 SUM7(J)=0 0
0217 DO 80 Il=,2
tilt 86 SUNW (j) 7(J) +27(GJ.J)
4211 WITE(0,67) (SU17(2J4,=2,12)
0220 00 36 I=1,2
0221 36 PEAD(5,j) (Z3(I,J),J=.2)
a222 34 FRtAT(F4l2,F?.0)
023 00 35 I=1,2
022q 00 35 J=3,12
0225 L=J-I
022 35 Z8(I,J)=2(IL)(L.t(I.ZS 0227 0lITE(6,37) ((23(JIJJ=1,12),=L2)
0222 37 r:'-T-'3:.,'i,-HIHE HI;E'iS5, XISTI2:G PAST1UE'
5 *I:.2,11F8.0)//7X, 'OTHE USES',11X,(F4.2,11F8.)/)
0229 DD 1 J=2,12
023) SU3)(J)=0.0
0231 DO 81 I=1,2
0232 81 ;UHS(J)=U03(J)+Zs(IJ)
0233 ORIFE(6,,7) (n18(J),J=2,12)
0234 DO 41 I=1,2
0235 41 0EAD(5,3)!Zq(LIJ),J=1,2)
0232 3q FORHAT(F4.2,F7.0)
0237 D0 40 I=1,2
0238 DO 40 J=3,12
023q L=J-1
0240 40 2(I,J)=Zq(LL),(1.C+Z(I1))2n(AUP(h4 J)/AUP(0,L))
0211 NITE(.42) ((Z9(I,J).J=1.12),I=L2)
0242 42 FORll!T(5, '/EEHT', 190,(F.2,11F.0)/5X, 'CONSERUATIOX'/5X,
S' AHD CO!SULTIHC',8X,(F4.211F8.0)/)
0243 DO 23 J=2,12
0244 SU6fPAS(1,J:=SU-i<( J)
01425 SUBP2S1(2,J)=SH05(J)
0241 ... J.= L. J)
04249 00 4 1, 7
0249 00 43 I=,7
0250 11=1-5
0251 SUBPS(I,J)=Zq(IIJ)
0252 4 CONTINUE
0253 DD 44 J=2,12
0254 SUfAS(J)=4.
0255 DO Lh I=1,7
0250 44 SIUP.S(J)='SiJIPAS(J)+Si!6PFS(I.J)
0257 WRIfE(,,45) (SUnIPS(J),J=2,12)
0258 45 FORnAT(SX, 'SUbTOTAL'.12o9,2('-')/7X, 'FOR PASTURE',14X,.1F8.0/)
C ENH DF PASTURE
025 D0 4 I=1,4
0260 48 READ(5, d) (ZIO(IJ),J-1,2)
020I 44 FORMAT(F4.2,F7.0)
0262 DD 0 7 I=1,4
023 DO 47 J-3,12
0264 L=J-1
0265 47 21(IJ)=Z10(IL)(l .+Z10(Il))~( ((7,J)/AU(7,L)
U(AUP(4,J)/AUP(4,L))
020 WUITE (d,49) ((210(LJ),J=1,12),I=1,)
0267 49 FOHAT(32,'REPA2IS, SUFPILIES, 0 '/3X,'UTILITIES'/7X,
g'REPAI(S S OIOHTERCE',2X,(F4.2.11FS.0)//7X.'SUPPLIES'.13X,
5(F4.2,11F8.0)//70,'GAfS 5 BIL',12X,(Fl.2,llF8.0)/
S /7X,'LIGHT.FGlER'/7X'AHD WATER',12X,(F4.2.11F8.0)/)
0268 DO 50 J=2,12
20q9 SUIO(0J)=0.0
0270 DB 50 =I1,4
0271 50 SUhIO(J)=SUliO(J)+Z10(IJ)
0272 RITE(d,67) (SUM1 0(J),J=2,12)
0273 DO 54 1=1,4
0274 54 READ(5,52) (Zl(I,J1),J',2)
0275 52 FORn~AT(F4.2.F7.0)















LEUEL 21


DATE = 82238


FORTRAN IV
0276
0277
0278
027q
02I0
0281


DO 72 1=1,2
READ(1,71) (ACR(I.3,J),J=1i<1)
REnA(1,71) (ACR(I,5,J)=l.l:S)
REID(1,71) (ACR(IlOJ,Jl,1()
RA(l,7) (lCS(IL1,J5,J=1,1,)
71 FORMPT(1F5.4)
72 CONTINUE
C KCGINIIRC TABLE 3
C YU()=YEARS OF USEFUL LIFE
LL=d4
H11=3
l:K=3L4L+Mlf
D00 325 I=IKKg
AtD (0,326)(hn~iE(IJ),J1,3),CRH(I),ACE(I),YU(I).OC(I),SVUI),
ilETH(1)
325 hEflH(I)-ETH(I)t+
324 FORAT(34A,F2.2,2i3,2F8.0,I2)
C Zl6(6,J)=TOTAL BALANCE f fCHIIERY
C ZI(7,J)=TOTAL BALANC~ BUILDINGS
00 334 JL11
TDO(J)=)
THC(J)=0
TTC(J)-O
Zid(di J+)=0.0
DO 331 I-ILL
AD(ILJ)=0:i
EITC(IIJ)=O
EHC(I,J)=O
IF(AGE(1).EQ.I) 90 TO 401
06 TO '00
C FICURE IIVESTEHRT TAX CREOIT
401 IF (YU(I).LT.3) POE=0
IF (YU(I).LT.5.1ND.YU(I).CE.3) PDOR=.6
IF (YU(I).GE.5) POR=1.
EC(IJ):DC(I)i!(i+GfRM(D))X (J-I))
SJ(I)SI;I)( EITC(I,J)=.10rIEC(IJ).POR
ElC(I)=EITC(IJ)
DC(I) EKC(I,J)
400 CONTINUE
IF(ACE(I).LE.0.DO.AEC(I).CT.1)wC TO 402
C ACCELERATED CDST RECDUERY FCO TMA PURPOSES
ADMIn J)=DC(I)uACR(tEin H(i),YU(I),A(I))
A)iit(l)=APn(Ii)J)


DO 53 I=1,4
DO 53 J=3,12
L=J-1
53 Zl(IJ)=Z1(IL) (1.Z11(I,))
WRITE(d,55) ((Z11(IJ,J,=l,12,I=1,'4)
55 FORlAT(3X,'ADiHIISTFATfIE'/7X,'REAL ESTATE TAXES,'/7X,
i'LICE,.ES,ETC...',dX,(Fh.2,11F8.0)//7X,'INSURANCE',12X,(FR.2,
11F8.)//7X, TELEPHGkE',12X,(F4.2.11FS.0)//7?X'OFFICE I OTHER',
t7X,(F4.2,11F8.0)/)
O0 5i J=2,12
SUflll(J)=0.0
0B 5 I1=:,4
56 SUnl(J)=SUnII(J)+Z11(LJ)
UITE(I,d7) (S Ui(JJ.J=21.2)
DD 58 Ji2,12
TCELI"(1 J)=S!(J)

TCELIK(4, J)= MLiPAS(J)
TCELIN(5,J)=S110(J)
TCELI!(6,J)=tSllUI(J)
58 COHTInUE
DD 51 J=2,12
MMnTCC(J)=O.O
DO 5q I=la
5q SUNriCE(J)=SUITCE(J)+TCELJH(IJ)
0WITE(6, 0) (SUiTCE(J).J=2,12)
60 FORIAfT(X,'TOTAL CASS EXFEHSE',3X,11F8.0/
U3X,'LESS IiTEEEST')
C END TALE 2


PACE 0006















LEUEL 21


hAIt


DATE = 82238 10/46/51


FORTRAN IV
0340

0324

0345
03144
04304


l.fN(I J)=DC(d)- (1)
C SUn COST RECOVERY
TON(J)=DT(J)+D(I, J)
THC(j)=THC(JJ)iEnC(I,J)
TTC(J)=TTC(J)+EITC(I,J)
Z1i(,J+l)=Zl1(d J+)jt+itwtifJ)
402 AGE(I)=AGE(I)+1
331 COMTI4UE
C
C CATTLE COST RECOVERY
TDC(J)-'
DO 332 I=lHM
IF(GEt(I+LL).LE.O.DR.EE(I+LL).CT.16)GO TO 330
iO C(IJ);=C(I+ TDC(J)TC(J)(;4DC(I,J)
330 AGE(I+LL)=AGE(I+LL)+i
332 COHTinUE
C
C XLIILDIOG COST RECOUERY
TO "'J3.=i
Z16(7,J+1)=0.0
CO 333 I=1TNH
SAR(D=O.0
IF(A0C(I+LLt+.).LE.0.ER.ASE(I+LL+0tl).CT.1i6)ea TO 337
AD (I, J)'=CC(I+LL+tM) ) (r( TH(I+LL+Itll),Yi (I-LL+fl
$SGE(I(.LhM,))
AS(I)= S(I) ADM(!I, J)
A.UB(Il J)=sC(I+LL+fi)-l8(D)
TD(J)=TJ)= T(J)ADB (I, J)
21(7,J+ti)=21o(7 Jl)+AVi((BI>J)
337 ACGE(ItLL+th)0=AE(I+LL+MM)+1
333 COTIIlUE
TDSU.(Mi(J)=TDJ)+TDC(J)+TDB(J)
334 CERT!dUE
UPITE (f 1]''TTHr'...Il11)
335 FOilT( i LE 3 : 8H CASH A DJUSTHEN
ST S'///31i, 8q('-')/31X,11(' '.7>),'I3'/1X,11('!'.2X,Il4lX), '/
S1X,1(''m7X) i'/M3xe9('-')/// l'ANtltUAL COST RECOiVERY'/3X
S'HACPJTERY i EI3PiPlEOT'/)
DO 33 I=ILL
MRITE(,437) (0HAE(IJ),J=1,3),(EHC(IJ),J=1,11)
L.KITE' ,43) (EITC(I,J),J=1,1i)
WbITE(6,l39) (BOH(I,J),J=1,11)
33S CODTIM'E
437 FOD AT( 1- i PURCHASECHAE SICE',1X,11FSO.)
438 FORhnT(-i ir.irn c TAX CREDIT',3X.lF3.0)
439 FD,"IAT(6X,'COST RECOUER7',.1X,11F8.0)
ITE(f~4.o) TTC
440 FC0T(//2, 'TOTAL I'JESTIIEHT TAX CREDIT',2X,l18.0)
IRITE(1,333)T[
338 FORMAT(/2iX, 'SOUTATL MACHIERY',10X,1Fa. O//3, 'CATTLE'/)
D0 339 1=ln1l
339 TRITE (6,300) (,PN.nE(f+LL,J),J=1,3),(ADC(IJ),J=l,11)
340 FIO T(IX,3j4,17X,11Fe.0/)
; IT .341)TDC
341 :1l:;. 'SUBTOTAL A.TTLE',13X, 11F. 0//3X,'IUILDIGCS'/)
DO 3L2 I=1,H
342 TRITE (6,343) (nHAE(tLL+tJ),J=,L3),(ADB(IJ),J=1,11)
343 FORMAT(lX,3A4i,17X,11F.0/)
U i" U .. ,** !. J.l,11),(TDSUn(J),J=l,11)
344 F;n-i.' ;' :diOiiL BUILDIHGS',10X.11FB.0//1X,
t'TOTAL COST RECOUERY',tlX,llF8.O///)
READ(5,40d) (LODSAD(Il),I=1,2)
406 FODRItT (2F7.0)
DO 407 J-2,11
DO 407 I=12
407 LOS'TO(I.J)=LDSBAD(.1)
WRITE(,408) ((LOSAD(I, J)J=1,11),I=1,2)
408 FORE T(1X, 'LOSS OH thSMDOiIENT OF',8X,11F8.0/3X'CAPITAL ASSETS'//
1X, 'P~D DEBTS OR OTHER LOSSES',5X 11Ff.O///31X.8('-')///)
DO LC9 J=l,ll
THOCEX.(, J)=TDSil(J)
D0 4M0 I=2,3
II=I-1
404 THOCEX(I,J)= LOSAD(II,J)
DO 411 J=1,11
TOTAL(J)=0.0
DO 411 I=1.3


PACE 00?















FORTRAN IU C LEVEL 21 MAIN DATE = 82238 10/46/51 PAGE 0008
4)7 411 TOTAL(J)=TOTAL(J)+*THCEX(I.J)
O 8 IRITE(d,412) (TOTAL(J),J=.111)
009 412 FOnMT(1X, 'TOTAL NHO CI.SH ADUSTIENTS',4X,I11F8.0//31X,88('-')/)
C END T1LE 3
C BEGICNINI TABLE 4
041 JEFF=11
0411 YUMER=I10
0412 I!Urt'UBERt+
0413 URITE(d,300)
0414 300 FORMT('i',24X,'T A L E 4: S U M AR Y F I TE RE S T
SP YM ENT S'/1X,'A D INT E RMED I ATE LIA BIL
IT I T S7'/////
s40X,8O('-')/40X.11('I',7X)/40X,11('i',7X)/
i0NX,'',~iX,'T Y P E 0 F LIA I LIT ',3iX,'!'/
40X,11('i',7X)/40X,'I',' A ',':'," B '.1''s
S' C ,'!',' D ',',' E '.' F '
','TiTAL
I':/4OXIl('X',7X)/40X,88('-')////)
C 220 IS S1DaT 1EAM LISLILITIES
C 222 IS LEC;i TERN LIABILITIES
0415 RE.D(5,720)((Z20(IJ) ,J=2,12),I=,3)
0414 720 FORMIS(11F7.0)
017 REND(5,301) (LTLIB(lJ),J=lIHfBER)
0418 301 FORMAT(10F8.0)
0414 READ(5,302) (INTRAT(1.J).J=~1iWBER)
0420 302 FCRPT(O1F5.3)
0i21 cn 313 L=1,JEFF
0122 D0 313 J=1,HUN*ER
0423 313 ITTRAT(L,J)=ITRPAT(1J)
0424 PEA&(S,304) ((PRPAY(L,J),J=.lNUJIBER),L=1,JEFF)
0125 304 FqOiT(10F7.0)
042 00D 727 J=1,12
0427 READ(5,721)(;22(IJ)oI=1,2)
0128 721 FORMAT(2F9.0)
042q 727 CDiTII'UE
0'30 DO 310 J=IHUBiNER
031 DO 310 L=IJEFF
0432 310 TRANPP(JL)PFRPAY(LJ)
0433 00 303 L=IJEFF
431 00D 305 J=1,HUNRE
Ok35 IIPAY(L,J)=LTLID(LJ)l ITR.AT(L,J)/100
OL3J IF (J.EQ.1.DR.J.GE.9) PCASTR(LJ)LTLIB(L,J)'0.10
?037 IF(J.I!E.1) PCASTR(L,J)=0
0438 4LTL(LJ)=LTLIB(L,J)-FRFAY(LjJ)
0439 305 CONTHIUE
0440 TLTrT'L)=0
ow1 I -i'1 1 L 10
042 PRPAYT(L)=O
0443 NOLTLT(L)S=
144 0DO 30$ J=lNUhBER
0445 LTLIST(L)=LTLITT(L)+LTLIB(L,J)
044 IPAYT(L)=IHPAYT(L)+IFFAY(L,J)
O07? PBPAYT(L)=PRPAYS(L)+PPPAY(L,J)
0w44 LTLT(L)=WULTLT(L)+NLLTL(L,J)
044 306 CONTINUE
050 itl- L,!LII'1PLTLIBT(L)
0?51 .L:.iHML.l.l.:INPAYT(L)
0452 PRPAY(L,NH')=PRPAYT(L)
Oi43 WHLTL(L,UnIl)=IPTLT(L)
0454 WRITE(d,307) TIIE(L)(LTLIB(L,N),N=,l.l,),
t(IRTRAT(L, NH),N=l.HUBER),(IHAY(L,),N=Il~l HU)N
I(PRPP.Y(L,N), N=1-,U),(PCASTR(LdI.NH=I, BfER).
|(R LTL(LH),H=-141H)
0455 307 FDOnAT(IX,I4/1XT,('-')>/X,'IRTERHEDIATE LIABILITY',13X,11F8.0/
5X,'INrTEEST RATE',22X,10F8.3/SX,'IRTEREST PAYMENT',19X.11F8.0/
(5X,'PPRICIPAL PAYMENT',IBX,11F8.0/5X,
I'PCA STOCK (10Z OF A,IJ)',IX,O1F8.0/
5X, 'ITERlIEDIATE LIABILITIES',X,l1LF8.0//)
045 DO 308 N=.I,NUBIER
0457 LTLIB(Lt+1,N)=ULTL(L,)
0O58 308 CONTINUE
0459 303 CONTINUE
C EHD TiBLE 4
C IEGIN4iIN TABLE 5
o04 DO 200 1=2,q
0461 200 READ(5,201) (Z12(I.J),J=1.11)
0462 201 FORMAT(IiF7.0)













PACE 00qO


FRITRAH IV 6 LEUEL 21 MAIN DATE = 82238 10/46/51
os3 READ(5, 202)( )0E R(J) J=Ill)
0 64 202 FURMlT(iiFS.0)
0IO5 READ(5,219)(DIVUDD(J),J=1,11)
6ows 21q F~2JlAT(flF7.0)
0467 00 203 J-1,11
0W6 203 Z12(1,J)=S MT(J)
049 DS 205 J=1,11
047 SUlt2(J):= 0
0471 DO 205 I=1,9
4h72 IF(I .iE.1) Z12(I, J)=(712(IJ)K(1.07K1(J-1)))
073 205 SUt12(J)-SUl,2(J)+212(IJ)
0474 UITE(d,204)(TIE(J),J=1,1l),((Z12( J),J=ll)1),Il')
(S U012(J),J=,11)
0475 204 FAM T('I'//20 L'T L L E 5 : I TE S T E HE T
'.:li L::.' .ii 1 T O DE C. 31'/////21%IO('-')/
i., 1'. 1 :'.' 1'/21X,I 1('-')////1X, 'INCE RECEIPTS'//
13X,'CATTLE (TeSLE 1)',2X,11F OI//20'/2S D',iS5X, IIF. //
12X,'lTIER 0 PFLP',S,!l1FS O//2X, "MARES COLTS',5XllFq.//
12X, .i-" 1X,llFq.O//2X, 'iEED',1hX, llF9.0//2X,'HAY 5IXllF9.
4//I2 .'* LIDJIDEA;O', 3X, iF. O//2X, 'm SCELLAEiiUS',5XF111.O//
IX, 'TOTAL CASH iRC11E ',2X011F9.0///)
.174 I:J : .. '.i., .'=2,12),(IhPAY(L,11),L=I,11)
077 208 F;l;i: I .H :.; LESS',2X,1F9.0/1X,'INTEREST (TADE 2)'//
L ;i -.i f,,r,ji-i .'<,11F0/iX,'(TASLE 4)'//)
0478 DD 233 J=,ll
4079 HETCIi(J)>11012(J)-SOTl'E(J+)-IIPAY(J<>l)
04ho PRETII( J)=!!ETCIi(J)I-TO- fL(J)
0481 239 COPTIh; E
4082 ,1,: -~"T. j,J1,11),(TOTNL(J),J=1l11)
0483 206 if :-: L C.. I'COmE',X,11Fq.0/10X,'NET OF IHTEREST'//X,
S. 11iF. 0/lX '1iETS1 (TAKLE 3)'//1X.
WPBETIX COSti "' ;' i '19 '
C IC'T-E TAX (L'ii .L'1
0GS4 D0 50 J1,11
043s :". ;r- .- CCGI) (J)=COLM(J)
L?7 IF (CGihl(J-) .LT .)CiLh(J)tI LO(J)Lo(J)-CLN(J-l)
040, ;. 2 112(J)=25000.0
t .'." ; .. .*:.: .:1. (J)=CD LhI(J)
OMqO I rl. LT : 'ULn." J)=0.O
0490L L" Ln.L .,
0 4R2 '. l .. I; ..:.' 'LM (J)z25000.O
013 :.. Iri I i .5. : ,I i:OLK(J)=CUI lM3(J)
0494 1 fI L **J L .i -0.0


0499
0499 L I 1-' '
050 IHCTAX(J)=CDOLi6(J)+CtLV7(J)+CiLN8(J)
050! I.-.- -TfC(J)
t502 ".1-,i .:Ei .-l INTX(J)-DIVIDD(J)
0503 504 CGHTIhU E
0t- : ', ".'.',((Zl(IJ) J=l,12),I=1.6)
055 701 '; ir '. >. )
056 Do 96D I=1)d
0507 Do W08 J=2,12
05n8 948 Z14(I,J)=ZIl4(IJ)J(..07T(J-2))
0509 PE0D(5,72)(Z2id 5,J),J4l,12)
0510 702 FORMAT(12Ff.0)
0511 DO qd9 J=2,12
0512 969 Z16(5,J)=216(5,J)9(1.07?v(J-2))
0513 ~EAD(5,703)214(7,1)
0514 703 FORMAT(FI.0)
C 210(5,J) IS THE BLACE VALUE OF HORSES IN DOLLARS
C 214(7,1) IS THE BEGIArItG EBAIANCE OF FARI RETAINED EARNINGS
0515 DO 704 J=2,12
0516 :.. : il Ji-10 C .(11,J-l)
0517 .1 .. ;,J-7 ,J W(.J-1)
0518 ]. J :. *'' J, ?(131J-1)
0514 '. J .:.. -,rJU,5J))N5.0KP(7,J-1)
0520 IF(ZlI(4,J).LT.O)Z16(4,J)=04.
0521 704 COTII!UE
0522 DO 705 J=2,12
0523 SUBTWK(J)=j.0
0524 DD 705 1=1,6
0525 705 SUTUtS(J)=SUBTUW(J)+Zl1(I.J)
















LEUEL 21


hMIN


DATE = 82238 10/46/51


FORTRAN IVU
0526
0527
0528
0521
0530
0531
0532
0533
0534
0535
0534
0537
0531
0531
OM
0542
0543
0548

05445
ONM
t:9
0147
0541
6555
0551
0552
0553
05514
0555
0:54
0557
0558
05W
0571
0542
0163

0564
0567
0548
05M7


0570
0571
0572
0573
0574
0575
0576
0577
0578
0579
0584
0581
0582
0583


PACE 0010


READ(5,707)INFLTH,AUL(),OTHER(l)
707 FDM.T(FMh.2,2FS.0)
C Z17(3,J) IS THE BALAR~ E UALUE OF GENERAL CORPORATE STOCK HELD
READ(5,706)(Z17(3,J)J=1,12)
706 FORnMT(12F4.0)
Ei'D(5,731)(LAHOD(J),Jz2,12)
731 rpT--'Tfl7.0)
-1.-!.4 : 2)(RETRED(JJ=2,12)
732 FORMAiT(1F7.0)
Z17(2,1)=LTLIB(1,1)h0.10
DO 708 J-=212
L=J-1
fUL(J)-AUL(1)r((1.0tIiFLTH// 1)l( OTHER(J)=OTHE1(L) ~1.0+INFLT/1i0 0)
217(<,J)=UL(J)f(LfNDT(J)-LMOR(J))
Z17(2,J)=LTLI;(J,I)i?.10
Z17(3, J)3J)(1.C7i(J-2))
708 217(hJ)=0fHER(J)(1.C+INFLTi/100)
DO 825 J=111
DCI(J)=O.O
ICI(J)=-0.
DD 821 I=.4d
CI(I,J)=Z14(I,Jtl)-ZMh(I,J)
IF (CI(I,J).CT.0)0 O TG 82
DCI(J)=2CI(J)-CI(LJ)
0G TO 2.1
820 ICI(J)=ICI(J)+CI(IJ)
821 CONTIME
ILTDI(J)=0.0
LTDR(J)=0.O
IID(J)t=PPAYT(J)
IF (II(J).9T.)IID(J)=S.0
ILTDI(J)=ILTDI(J)-II(J))
IF (PFPAYT(J).LT.0)FRPFY(T DO 813 I=1,2
ILD(I,J)=Z22(I,J)-Z22(IJ+1)
LDR(I,J)=Z22(I,J)-Z22(LJ+l)
IF (ILD(I,J).GT.0)ILD(I.J)=0..
IF (LD(I,J).LT.0)LDRI,J))=0.0
LTD(J)=LTDR(J)+LDR(L J)
813 ILTDI(J)=ILTDI(J)-ILD(I,J)
TSM(J)= ETIHN(J)>+TTAL(J) +DCI(J)+ILTDI(J)
IEC(J)-TS(J)-ICI(J)-LTDR(J)-fAYT(J)-2 3,J+1)- YINTX(J)
4-DIVIDD(J)
TUB(J)MTS(J)
825 COMTI!UE
DO 7A3 J=212
Z14(7.J)=214i(7,J-l)+Fi!FeTE(J-1)+TOTAL(J-1)+ILTDI(J-1)-PAYT(J-l)-
1Z20(3,J)-LTDR(J-1)-PETRED(J)-TKC(J)
H6E(J-1)=21l(7,J)-l2h47,J-1)
SURTCI(J)=0.O
DO 72 1=1,7
742 U-TrlP-j.'::HTC7 c ))4'1WI,J)
7143 !uL l '' .lJJ1 'i:'(,J)+Z17(3,J)
DO 7S1 J=2,12
SUBTFX(J)=O.0
799 SUBTFX(J)=SUBTFX(J)+ZI(l7,J)+Z17(1,J)+Z17(4,J)
DO 710 J2.,12
710 TOLFAS(J)=SUBTUK(J)+SL6TCR(J)fSU1TFX(J)
C EHD TAX R01IUlE
MRITE(2,207) (QAHT)(J),J=1 I1),(DIVIDD(J).J=1,11),
#(FUFRT7(J),J=l,11)
207 FDORMT(IX,'ADJUSTED INCOHE T1F',lX,11Fq.0/1X,'(TA0LE S)'//
IX,1 'D'IOIDE!DS PAID C7',3X>I1F0.0/1X.,'THER NITiDROiALS'//
1IX,'F5UDS FOR ADDIlIOId',2Xf11F.0/1X,'T RETAINED EAPHIEGS'//)
L'RITE(6?70)(1Z(4(7,J). J=1,11),OTAbLILTDII,PPRFYT,n(TC(J), =212),
LTDRf,(RETRED(J),J=2,12),(Z14(7,J),J=2,12),eCRE
740 FORMM' PLUS'/' BEGIHHIHS ELb.CE E'.11F4.0,
S/' rGr-CASH REDUCTIGRS',1IFRA.,
W/' HET INCREASE IH DE6T',11F'.0,
/1/' 1lIHLS'
$/' PPTITP' PAYMENTS ',11FS.0,
W/' '[iu r 'IIAL EXPEHD. ',11F9.0,
S/" LODN TE2R DEBT RED. ',11F9.0,
S/' REDLUCIIH IN R.E. '.11F9.0
W//' RETIRED EA0)INGS '.liL.0,
W/' ENDING BALANCE',
S//' E GAIN IN R.E. ',11Fq.0)
















FDRTRAN IV 6 LEVEL 21 hAIH DAtE = 82238 14/46/51 PACE 0011
0586 HITE(6,741)
0587 741 FOnORT(//' A ROUTH RATE AT 7 1',
5/' I (2D7ED EACK TO 6DJUST CALCULATION OF PRETAX CASH IHCDlE')
C END T'rLE 5
C BEGIlIiH TABLE 6
0588 URITE(,003O)
0589 800 F..,.'i' '1',20X,'T P L E 6 : I H C E TA X C AL C U L A
4 i ; '////12;I8<('-')//12X' CO-LUMH S Cl.UIHJ 1 CfiUM 2 COLUi
4 3 CCLEU 4 CCLUMr 5 CCLLMNi 6 COLUI Ni 7 CDLU!I COLUHH q COLUili 10
4 CDLUdh 11'//12X,18(-')///PX, 'COL. 1 OR',X, 'COL. 3 fR',3dX,
I' SIU CF '/12X,'UK8lAJJTDs',X, 25,0,0 ',' COL. 1 ',
25,'00 ',' COL. 3 ',27X,'CDLS. 678',qX,' ADJUSTED'/12X,
4' TDXlLE TAXSLE KEICHEUER LESS 3jTCjiil EP LESS 207 OF ',
4' 22Z DF 43/ OF It:COAE I!U ESTMHT i .u:. '/2X,'YERi',1X.
4' ICCCGIE INCi'E IS LESS COL. 2 IS LESS COL. 4 COL. 2 '.
I' CCL. 4 COL. 5 TAX CREDIT TAX'///12X,108('-')////)
050 DO 802 J=1,11
0591 .I E( ,1O. ) lT!iiE(J),LC.!Li.<(J) CnLI (J),CLi2(J) COGLM3(JC),CBLi4(J),
I:,-' .i t.LrJ.LLth7(J):Caj(J),C ICTIxJI )CTX TC(J)TTC(J),ITX(J)
0542 801 L -1 :; .' 4- 1i. Ct//)
0593 802 CDUiTIIiE
C END TI!?LE 6
BC EGCI(IKS TARLE 7
0594 URITE (6,706) TIrE
0595 700 FOR~iT('1',21X,'T A 5 L E 7 : E T 4 T H S T A T E I E H
IT (E7LIiCE SECET) C E C. 31'///21.,100('-')/21X,'!',11(2X,I4,2X,
')/21X,12i('-')//8A, '"SSETS'/SX,('-')//1X,'CUIRENT')
059 UnITE(d,1!) ((Z4(IJ) ,J=2,12)l=, 8,
((Z17(I,J)J=2,12),I=2,3),(SLBTCR(J), J=212),
t((Zl(d,J)J=212),I=i), (lTIUTK(J),J=2>12),
t(Z17(1,J),J=2,12), (ZZ 7,J),,J=2,12)>
4(217(4),,J=2,12),(SUTFX(J) J2,12),(TCi.VA' I' 1=2,12)
0597 711 FODRiT(NX, FEED',I2 11F. ll.O/4 'SEED' 1. 11I" O/X, '0SUPPLIES',
8X,iiFm.l/oX, 'KFERTILIZ;R',i.,liFq./hX i.i ,'i'H SAUINGS',2X,
11iiFq.o0!X,
'ntISCELLHAEDIUS',3X,1Fq.I/SX,'PET E[AP t'r '.3X,11.F.0/
5X, 'STGCK',. '. F,' i',llX,1HFq .? > [. i'Il.. 1'.,"11F4.0/1X,
I'SUDTEfiL (...7;:'i 4%,i* 11FD.8s/0 i'i0 i ;irLa'iT'/SX 'COUS',12X
11F1. 0/3.,'YERsLIEG HEIFERS',1-. :.- 5. .ut. L1011iI '.0/S,
t'ADDTL. .EIFERS',2.XllF./ihX, ''hii..i', ,l. 119../51, 'nCHINERY'/
#= : r;;.Ti-E r .i",X,.'[Fq.}/lX,
i .-.. i,-L ;" ,'1 ',4L.lF9q. O//X, 'FIXECD'/4X,' LA.D',12X,11F9.0/
85X, 'UILDIHGS',7X,11Fq.0/5X,
I'DTHER',llX, 11F9.0/lX, 'SLUTITAL FIXED'.6X, llF9.0//1X,
I'TOfifL ASSEIS',SX,11Fq.O//)
0598 DO 729 J=2,12
0 .59q.: .ii'PATT.J-i)*T#2MT(-)
O 4 ;.:' i J :...'"l.l.J., :.,"'J-2))
061 SUiTST(J)=).0
(002 SUBTIT(J)=.0
0603 SUJTLT(J)=. 0
0604 DO 722 1=1,3
8015 722 SUDTST(J)=SLBTST(J)+Z20(IJ)
0b8 DO 723 I=1,5
0607 723 SUBTIf(J)=SUBTIT(J)+HNLTL(J-1,I)
0408 DO 72'- I=1,2
O609 724 SUBTLT(J)=SURTLT(J)+Z22(IJ)
01610 rTLd i '.r.L:'T ..,+SU-LTIT(J)+SUiTLT(J)
0611 729 1-. 'il i.iOuLl, .".-TOfLIB(J)
0612 IRITE(6,725)((Z2<(I,J),J=2,12),I=1,3),(SUBTST(J),J=2,12),
S((XLTL(J,l),J=l,1),Ill ), 4((Z22(I,J),j;2,12),I=1,2),(SLTLT(J),J=2,12),(TTLIBU(J),J=2,12),
(NHUDRTH(J),J=2,12)
043 725 FORnMT(eX,'LIIBILITIES'/8X,11('-')//1X,'CURREHT '/4,
4'~ACCD'UTS PAYAHLE',11F.Qm/4,' NOTES PAY. (PII)',11F9.0/5X,
I'HEW CPITL L'/5X,'EXFECDITURES',4X,I1Fq.O/1X,'SUITOTAL CURRENT
0,I11.,1FR.0//1X,'IT[ERAEDIATE',IX,'(ITALE 4)'/5X'A8',15X,
IFR .0/5sX, '',15X,,11F .8/5,'C'S15X,11F9.O/5X,'',15X,1iF9I.O/
15X, 'E', l;. 1.0/5X, 'F',15X,lIFq. 0/5X'C',15XllF9. 0
(5X,'H', i:- t 10.O/5X'I',15XllF4. /
15X, 'J', 15XllF9./IX, 'SS!BITOTL IRTERMED. ',2X,llFq.0/1lX,
4'LIe TElM'/3X,'eDOT9P.C FARM LANDK',11F9.0/3X,
#'MOPiTGGCE O'F,,Pi' ',lFRq.o/1X.
I -i;-T3j-L L0; l'n'2,2X,llFq.0//1X, 'TOTAL LIABILITIES',3X,11FH.0//
.1-. L W'IRTH'/8X,9('-')/1X,'(TDTAL ASSETS HIHIlS'/X,
I'TDTAL LIARILITIES)',2X,11F9.0/)
0614 WRITE(6,741)
C END TABLE 7

















TMIH DATE = 822:13


C BEGINAiiIG TAiLE
0615 lITE(DTO) TI1E
0616 890 FORHT('1'//21X,'T A E L E 8 : S OU R C E S N 1 S E S
iD FF U D S S T T E E T (SAUF SHEET)'//21X,' S E D
D0 R H E T F L U U S, J P. 1 0 D E C. 31'///2lXt0('-')/
2dX, 'I',I1(2X,Ih.2X,' ')/2dX,16('-.')///)
0617 kRITE(I6,S5)PiETI, TIrL,DCI,ILTDI. PETrr,.n 1=? 2),TSS,ICI,
(LTDa,FPAYiT,(Z25(3,J),J=2,12),HAIM'.cl.lir ii'i' L;
0618 850 FDRrfT(lCX,'SGURCES'/1X,7('-')//1X,'PDFIT/LUSS',14X,1F9.0//
41X.' VIi CASH CECUITI06S',6X,1F9.0//1X,'DECREISE IN CURRENT'/IX.
S'IUiEiiTMY',1UX,1IFq.C//1X,
I'I.TElrEDIATE 0ND LEC'/1X,.TEPt DERT INCREASES',X.,
jllFq.O//IX,'REDUCTION IN'/IX'RETAINHD EAR}IIIDGS',8X,
11Fq.O//lX.125('-')/X, 'TDTflL SaiUCES',2XI1Fq.O/IX,125( -')///
412X, 'lSES('/11,4('-')//lX'IfCREEASE IN CURREHT'/IX,'INUENTlRY',
il6X,1iFq9.//luX,'LCO~ TERil UET'/1X,'REDUCTIOrIS',15X ,1F9.//1X
I'PRICIFL PAYKEXTS .4'/1X, 'INTERhEDIATE DEBTS',7Xl1IFq.0//lX,
I'VEW CfPITIL EXPEDITI!RES'IXU11.F.0//1l,
I'ADJUSIED INHCGiE TAX',dX,11F.O//
1lX,'WKUilfL DIUIDERDS FFID'hX,11Fq.}//IX,'IICREASE IH'/1X,
t'EFUITY CPITAL',11lX1.Fq.0//1X,125('-')1/X,'TOTL USES',16X,
lltF.l/1X,125('-')//)
C E1;D TA1LE 8
C BEGI1NIHG TACKLE 9
06lq URITE(6,90 )TINE
0420 q00 FuRiT('',//W, 'T B L E 9 : I STRU l E TS 0 F CA
4 P I T A I A H D'/44X.'F I HA H C E AN H AG E lIEN T R AT
SI l/ ,,77('-')/iX,'!',L(1,lI1X,"I')/4X,77('-')//)
0621 00 901 J=1,11
0622 RE(J)=PRETIN(J)/iXWRTH(J+1)
0623 GR(J)=(SLNTCE(J+1)+ItFAY(J.11))/SUli2(J)
0624 TR(J)=SUH12(J)/TOLFA3(J+1)
0625 P((J)=PTIH (J)/SUN12(J)
0626 li3C j i:!', ,.r, 'i .J1D
0 6 2 7 i.. I :i' ; i L I,- i' i 1
0628 0(P I .I- :, i -. L'L i J+i)
0629 IR(J)=(SUBTCR(J+tl)SUi:TK(J+i))/(SUSTST(J+)+SUBTIT(J+1))
4034 BL(J)=(TOTLIB(J+I)+iwGRfH(J+1i))/URTH(J+I)
0631 AL(J)=TILFAS(J+l)/TBTLIl(J+1)
0632 0q1 LR(J)=TOTLI(JFl)/ilffRTH(J+1)
0633 iPTTIr r:;iPC r!,TRfl.HE-,LE,CR,IRBL,LR AL
0634 902 ;u~i i ... *PciTREILITY'/1iX 13( '-')//22X0 'PROFITS'/IX,
I'RETURiP O EUBITY',3X,'= ',22('-'),IIF?.i/22X,'NETUnHfH'//22X,
I'TUTAL C.SH EXPESES'/1X,'CROSS RATII',8X,'= ',22('-'),11F7.2/
l22X, 'bfSS REVEHUE'//22~,'GR~S REVERIE'/IX, 'TURDUER RATIO'.
5X, '= ',22('-),11lF.4/22X,'TJTAL KSSETS'//22X,'PFRFITS'I1X,
I'PROFIfr hnrAIR'iiX,L ',22('-),11F7.4/22X, 'CROSS REUERiUE'//
#22X, 'PETAX CASH ICCf'/IX,' HED Ef i,, i X,'= '22('-'),
(11F7.2/22X,' DF iaiThER Clt'//22, P'C.;: I.:. IPCOJE'/1X,
f'LAND EFFICIENCY',
I"X,'= ',22('-'),llF7.2/22X, 'TTAL ACREAGE'///
SIdX, 'LIQUIDITY'/1X,q '-'),/m 'CURRENT ASSETS'/IX,
#'CURFEHT RATIfl',dX, ',22('-'),11F7.2/22X,'CURRENT LIABILITIES'//
822X, 'CLRR. f IRTEPn. FSSEIS'/IX,'IUTEIiEDIATE RATIl',1X,'= ',
122('-' lF7.2/22X,'ShGRT + INTER. DEBTS'///1,6X'SOLUEHCY'/16X,
08('-')//22X,'TDTAL LIUB. + NET UURTH'/IX'8WLAHCE LEVERAUE',3X,
'= '22('-'),1F7.4/122, 'NET HDRTI1'22X,'TDTAL LIABILITIES'IX,
'LEIERASE RATI0', 5,'= ', 22('-'),l F7.4/1X, '(DET/ElRlTY)',>8X
I'HET l RTH'//1X,21X,
I'TDOL ASSETS'/X, 'aSSET/LIAILITY'a'X,= ',
#22('-'),11F7.2/5X,'RU fIU',llX,'TOTAL LIABILITIES')
C END TABLE 9
0635 UWITEI(6,60) TINE
0636 00 FORi;AT('i',//I2X,'T 0 8 LE 10: P ROD AUCTION C OST P
1ER 8 R0 C li',
t///22X, ('-')/22X, '1',11(2XLI4,2X,' ')/22X,9('-')//)
0637 DO 601 J=2,12
0630 PC(1,J,'11(J)/HUU(1.J)
0o31 PC(2,J)=SUM2(J)/HUB(I J)
06o0 PC(3,J)=Z3(1,J)/UB(.tJ)
061 PC(4,J)=SUlPAS(J)/Utel1.J)
04A2 PC(5,J) SUmli(J)/UBkIl,J)
0643 PC(6,J)=SUMII(J)/UB(1.,J)
A44I PC(7,J)=SUMTCE(J)/PUB(1.J)
0645 d01 CONTIUiE
.0644 UITE(6,622) ((PC(I,J),J=2,12),I=1,7)
0647 WRITE(d6610) TIME
648 610 FORMT(' ',//22X 'TA BLE 11: PR 0 D UC CT PI C 0 T P


PACE 0012


FDRTRAN IU G LEVEL 21

















hI. DATE = 82238


1E2R A CR E',
11//22X, W( '-')/22X, ', (2,I, 2X, ')/22X, ('-')//)
W09 DO 612 J=2,12
V650 PC(1, J> =Sbd(J)/(L ANDI1l, J)t+L )(2, J)+LAD(3,J))
0651 PC(2, J)=SULi2(J)/(LAD(1, J)+Lr D(2 J)+LHAD(3,J))
0652 PC(3, J=Z3(1,J)/(LAR3(1, J)+LiD(2, J)+LAND(3 J))
0653 PC(4,J)=: i. 0i:, *'L 1 .JO)2.,'D(2,J)+LAND(3,J))
~654 PC(5,J:=! Li!'.- Lr-'L J'+LA;D(2,J)+LAND(3,J))
0655 PC(6,J)=SU,11(J)/(LPR(t,J) +L.jD(2,J)+LAND (3,J))
0655 PC(7,J) =SLilTC(J)/(LI.D(1,J)+iFND(2,J)f+AND(3,J))
0657 612 CONTIIiUE
1,65 UWITE(C22) ((PC(I,J;,J=2,12),I=1,7)
059 RITE(I,6O) TIE
066 6420 FDTF T(' ',//2 'X'TA B L E 12: PR D U C TI C S T P
1ER E N ED C L F',
|///22X,9('-'X)/22,'I',1(2XI2''")/220X, -')//)
o 61 D00 21 J=2,12
C-62 PC(l,J)=SU:1(J./', US'(4l,J)
0663 PC(2,J)=SL12(J)/HU2(4. J)
t-64 PC(3,J)23I1, JW)'(4, J)
06d5 PC (,J)=S IPAfS(J)i/U(R,J)
6i6d PC(5,J)=0til0(J)/iMU8(4,J)
067 PC(d, J)=SCl11(J)/FiL'(4.J)
6668 PC(7,J)=SUdTC~(J)/iLS(L4J)
06 q 621 CN1TIIUE
070 ?.RITE(id22) ((PC(I,JJJ=2,12),I=1,7)
0671 422 FOR;1AT(1X,
1'L ABC l, !X, 1F9. 0/1,
2'FEED',17X,11Fr.010X,
3'UETERIRaY',ilX, ff. 0/1X,
4'PASTURE',14X,1F!F. O/10
5'REPAIP UTILITIES',3X,1FRq.0/X,
6'ADMIHISTR]TIUE',?X,IfS.O//iX
7'TOTAL',I4X. lF9.0/22X,
89c('-'))
0672 OTITE(dd.40) TIlE
0673 640 FO.AT(' ',//22X,'T A 9 L E 1 3: P ROD UCT IDO H C S T P
1ER HU DRIED P UND S F CALF E E F'
#///1/2X, 9( '-')/2X, ',I11(2X,I, 2X, ')/22X, 99('-')//)
0074 DO 641 Jlll1
0675 PC(7,J)=SUiTCE(J+1)-((11,J)+T(12,J)+T(13,J))
Q076 PCB(J)=O
0677 DO 642 I=7,16
0678 642 PC( J)=?C8(J)+(!UB(IJ+l)RU(I-, J)/10O)
F(79 P ?C7,J)=PC(7 J)/PC8(J)
480 6,41 COHTINJE
681 URITE(6,43) (PC(7,J)J=1,11)
0682 43 FORD T(1X,'BREPE'EH PRICE 'a,4X,11F9.0/
1////1X, 'a PRDDUCTINU COST M US COU PULL REVENUE DIVIDED BY PO
2U.DS DF CALF BEEF S-L')
0683 q99 STOP
0684 END


10/46/51 PACE U13


FORTRAN IV C LEVEL 21













APPENDIX IV-B


FOUTRAN IVU LEUEL 21 PICfUR DATE = 82238 10/46/51 PACE 0001
0001 SitBDUTIniE PICTURE (PICIFFTIIE)
0002 OIENSITO4 DP(1l),C:F(11),P(13,11),RAPH(10 ),DIFF(13,11)
0003 DItiEAS[P YEAR(1l)
0404 IPTEHER TIME(I1)
0005 D00 3 J=l.11
0004 CUP(J)=P(1,J)
0007 DP(J)=CiP(J)/(1.079mJ)
008o YEAR(J)=TI1E(J)
0014 3 COrTII!iE
0010 URITE(,i99)
0011 99 FORAT(f'1i'.13X, 'PRDJETED PRICE DIFFERENTIALS FRONT CHOICE REANED S
STEERS (TABLE A) AND T1EI. COflESPODDING PRICES (TABLE B)'/.1i(Xl05
S('-'))
0012 NRITE(d ,8)
0413 98 FDOMlT(SX,'(425LB)',X,'(h25LH)'X,, '(485L)',7X
1'(225LE)(250L6)''dX,'(3'5L8)',iiX,'(4L35L.B)'L7X,
2'(850LE:)(8O0L8)',hX,'(1200LB)')
0014 PPITE(d,20)
0015 20 FORHE(T(1,X, 'CIOICE',W 4X'WE~ED STEERS'.4X,'BACK. STEERS',
$5,.'LI HTiUEICT', X,'>EArED EIFERS'.4X,
s [I.. HI IFERS',5X,'CULL COUS'./1OX,
$/1X 'iEA',5X, 'STEER',4X.5( CHOICEE CDl',5X), 'UTILITY CUTTER',
s$3X'BiULLS',/1XI12('-'))
0016 DO 30 J=1,1
0017 30YNITE(,21) TInE(J),CUP(J),(DIFF(IJ),I=l.13)
0018 21 FODiiAT(1X,14,X,Fd.2,5X,6(Fd.2,1X,F6.2,4X),Fd.2)
01q9 RITE(d,22)
0020 WRITE(d,23)
0021 23 FOMAT(6OX'ACTUAL FRICES'/X ,'DEFLATED',3XI.02('-'))
0022 NRITE(6,20)
0023 DD 31 J=l,il
0024 31 HRITE(6,21) TIIi(J),OF(J).(P(IJ).I=1.3)
0025 11ITE(,22)
0024 22 FOMiATl(X,132('-'))
0027 CALL PLOTi(1,4,03.0r 10)
0028 CALL FLOT2(CRAPi,1l.1. 0.181.0,150.0 4.0)
002q CALL PLOT3(1HA,YEAR(t),CUP(1),11)
0030 CALL PLOT3(1HD,YEAR(1),DP(1)11)
0031 RITE(6,5)
0032 5 FOGth(/7X, PROJECTED ACTUAL US. DEFLATED PRICES FOR CHOICE UEA
$SED CALUES'I)
0033 CALL FLDT4(30,30HPRICrS IH DOLLARS PER 100 LBS.)
0034 URITE(dIO)
0035 10 FORMAT(4)OX'YEAR')
0034 RETURI
0037 END




















APPENDIX V



Example of Completed Input Form








APPENDIX V


Information required for BEEFLOAN


Item


Cattle weights, averages at sale (Ibs.)
Med. 1 weaned steers
Med. 2 weaned steers
Med. 1 backgrounded steers
Med. 2 backgrounded steers
Med. 1 lightweight steers and heifers
Med. 2 lightweight steers and heifers
Med. 1 weaned heifers
Med. 2 weaned heifers
Med. 1 backgrounded heifers
Med. 2 backgrounded heifers
Utility cows
Cutter cows
Bulls
Percent lightweight calves grading Med. 1
Percent weaned calves grading Med. 1
Percent backgrounded calves grading Med. 1
Percent cull cows grading utility
Inventory numbers, beginning base year
Brood cows
Yearling replacement heifers
Bulls
Reserved
Reserved
Reserved


Your data


425
415
485
475
250
225
375
365
435
425
850
800
1,200
60
85
90
60


1,710
308
113


__ ___ I___~____













Item~ You data


Animal management, current practices
Percent weaned calf crop
Percent brood cows culled
Percent brood cow death loss
Percent brood cows replaced by purchase
Percent heifer calves held for replacement
Percent heifer calves purchased
Percent bulls culled
Percent bull death loss
Percent bulls replaced
Percent market calves sold lightweight
Percent market calves sold at weaning
Percent market calves sold after backgrounding
Land use, current practices
Acres of native rangeland and carrying capacity 16,790
Acres of semi-improved pasture & carrying capacity 3,655
Acres of fully improved pasture & carrying capacity 1,465
Price of 400 Ib. Medium No. 1 steers
Base year
Projected years
First
Second
Third 111
Fourth
Fifth
Sixth
Seventh
Eighth
Ninth
Tenth


80
14
1
0
40
0
10
1
20
25
30
45


0.10
0.25
0.667


64


75
91


131
98
98
104
112
120
150


_ __


Item


Your data








V-3


Item


Base year, projected growth rate (%) and expenses
Ranch management (annual)
Ranch foreman (annual)
Ranch labor (annual)
Payroll taxes (percent)
Workmen's compensation (percent)
Normal supplemental feeding (per head)
Backgrounding calves (per head)
Miscellaneous feed expenses (per head)
Veterinary (annual)
Fertilizing native range (per acre)
Fertilizing semi-improved pasture (per acre)
Fertilizing fully-improved pasture (per acre)
Liming native range (per acre)
Liming semi-improved pasture (per acre)
Liming fully-improved pasture (per acre)
Fertilizing sod (annual)
Liming sod (annual)
Seed semi-improved pasture (annual)
Seed fully-improved pasture (annual)
Normal machine hire (annual)
Other machine hire (annual)
Renting land and equipment (annual)
Conservation and consulting (annual)
Repairs and maintenance (annual)
General supplies (annual)
Gas and oil (annual)
Electricity and oil (annual)
Real estate taxes and licenses (annual)
Insurance (annual)
Telephone use (annual)
General office materials (annuals)


Your data


8
6
6
0
0
8
8


8


8
8


7
7
8
7
5
5
8


5
5
8
8
12
9
8
7
5
7


14,500
11,200
16,525
10
5
13
50


6,700


15
15

-I

7
1,730
1,450
1,025
740
9,500


6,200
300
12,300
6,250
11,900
1,025
11,225
2,030
850
4,100







V-4


Item


Your data


Cost recovery, equipment
Current age (years)
Length of cost recovery (years)
Original cost
Salvage value
Method (0 = straight line, 1 = cost recovery)

Cost recovery, animals
Current age (years)
Length of cost recovery (years)
Original cost
Salvage cost
Method (0= straight line, 1 = cost recovery)

Cost recovery, buildings
Current age (years)
Length of cost recovery (years)
Original cost
Salvage cost
Method (0 = straight line, 1 = cost recovery)


See pp. 8 & 9
of this
Appendix for
input form




See p 10
of this
Appendix for
input form




See p 10
of this
Appendix for
input form


Losses


Abandoned capital assets
Bad debts and other
Average amount of short-term accounts
Short-term bank notes and outstanding


Intermediate term liabilities
Principal owed at beginning of base
# 1 (PCA) 629,940
# 2 40,000
# 3 60,000
# 4 3,500
# 5 50,000


you owe
drafts


year
#6
#7
#8
# 9(PCA)
#10(PCA)


200
500
5,000
0


0
0
0
0
0


~_ ___ ____
__ ___ _~_I___




Projected Principal Payments

Liability No.
Year 1 2 3 4 5 6 7 8 9 10
Current (base)
Projection year
First 0 10,000 0 3,500 10,000

Second 0 10,000 0 -20,000 10,000

Third 0 0 0 -150,000 0

Fourth 0 0 0 10,000 0 __

Fifth 0 0 0 20,000 20,000

Sixth 0 10,000 0 40,000 0


Seventh 0

Eighth 30,000

Ninth 40,000

Tenth 30,000


0 0 50,000 0

0 0 50,000 0

0 0 0 0

0 0 0 0


__







V-6


Information required for BEEFLOAN (continued)


Item


Interest rate on:
Loan # 1 (PCA loan only )
Loan # 2
Loan # 3
Loan # 4
Loan # 5
Loan # 6
Loan # 7
Loan # 8
Loan # 9
Loan #10
Long-Term Liabilities


Year prior
Base year
Projection
First
Second
Third
Fourth
Fifth
Sixth
Seventh
Eighth
Ninth
Tenth
Additional
Sod
Timber
Horses
Hogs
Seed
Dividends p


to b


year


ase year


Primary
0
0


0
0
0
0
0
0
0
0
0
0
ranch income, current annual
10,000 Hay


aid


1,300
1,000
500
1,000
(annual average)


Dividends
Miscellaneous


Secondary
0
0


0
0
0
0
0
0
0
0
0
0


500
7,000
0



0


Your data


8.5
9.0
5.0
9.5
8.5


--------











Item

Inventory, normal annual
Feed
Seed
Suppl ies
Fertilizer
Cash
Miscel aneous
Horses
Retained earnings, last year
Percent appreciation rate of land
Average value per acre
Market ( ) or Assessed ( )
Value other fixed assets not accounted for
Value of stocks and securities belonging to ranch
Number of acres rented by year
First
Second
Third
Fourth
Fifth
Sixth
Seventh
Eighth
Ninth
Tenth
Reduction, retained earnings
Base year
Projected years
First 0 Sixth C
Second 0 Seventh (
Third 0 Eighth (
Fourth 0 Ninth C
Fifth 0 Tenth C


)


)





)


Your data


5,000
500
8,000
0
15,000
0
5,000
14,000
5


600
0
50,000


12,400
12,400
12,400
12,400
12,400
12,400
12,400
12,400
12,400
12,400


I_


-----











Growth
rate, Years Length
purchase since of cost Original Salvage
Name, equipment price purchased recovery cost value Method


Chopper
Horse trailer
Turbo pump
3 h.p. motor
Mowing machine
4 ton feeders
Molasses lick
Feed wagon
2-5,000 gal tanks
Turbine pump
GMC Detroit engine
Used gearhead
Pump
Windmill
Tractor 60 h.p.
Stove
2 feeders
Chain saw
Radio equipment
Mower
Used pump
Office furniture
Air conditioner
Gooseneck trailer


9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9


7
6
5
4
3
3
3
3
7
2
1
2
3
1
2
5
3
2
3
2
5
3
1
2


10
10
5
5
5
10
10
10
10
10
5
5
5
10
10
5
5
5
5
5
5
10
10
5


1,885
625
2,181
264
4,722
5,514
538
3,192
3,678
4,579
5,480
650
256
1,978
10,222
216
2,673
150
175
1,200
1,400
1,700
700
4,100.


300
50
0
0
200
0
0
50
350
0
50
0
0
0
1,000
0
125
0
0
200
0
125
0
500


1
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
.0
0
0
0














Growth
rate, Years Length
purchase since of cost Original Salvage


Name, equipment price purchased


Pickup truck 9
Mowing machine 9
Feed wagon 9
Engine 9
Gooseneck trailer 9
Pickup 9
Pickup 9


2
-5
-8
-8
-9
- -4
-10


recovery

5
5
10
5
5
5
5


cot ,000 eto


6,125
6,000
5,000
6,000
4,800
7,000
7,000


2,000
500
130
100
800
2,200
2,200


0
0
1


0


0









V-10


Growth
rate, Years Length
purchase since of cost Original Salvage
Name, animals price purchased recovery cost value Method

5 Hereford bulls 9 3 5 5,000 3,000 0
3 Beefmaster bulls 9 2 5 3,100 1,800 0
4 Santa Gertrudis
bulls 9 1 5 2,800 2,400 0
5 Hereford heifers 9 4 5 3,000 1,400 0


Name, building

Ranch office 9
Barn 9
Well 9


8
9
10


15 27,000
15 3,900
10 3,000


15,000 0
1,000 0
500 0



















APPENDIX VI



Example of Completed Code Sheet








Date _Job_


DATA CODING S1HIEET
Northeast Regional Data Cenler


Customer Namei _
Phone No.


S1 1 Ih I I 1 1 I 1 k I I: N ril M I N l I I I I l 11 I I 1'I I l- I I I-


t h


P8
0

., j3
i0r


0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28


i 1?{
.310


OlsL I kiso 1 1 Bhin L slitsi 1 aidET Alli T


1 1 0 a1" 11lbi $i i 19'7.1'
1 0 l IGlo IClp 1 90 h5q,
m2 6-_LI5 3IS _b __:, -,- _


Lo
I )
L 0
1 0
0 1
0 I

1.
L 9
1 o
I


- a d .... J ....i~.. L i-~ --^--L P;L-- d C~J-~ .a k j___ l


MARKET WEIGHTS
AND GRADES






- CATTLE HERD COEFFICIENTS


li 5V / Ii 0 ? bt h ilo 1 1 1 i o


S,_ ,LAND USE 5 '
LAND USE -


- CATTLE PRICES


0.

ti: c

I I I
I Do






I 'LL ,o
I 5 0 ,


~7-7 111--~----- ---- -- -1 -- ---- -~llab --~--(~l~-~r~~u~-~-~i---~.IWCr~-~-- _-- -~II


-CCiL


ii i ~P---~---------~--~---- -~'~---I--1 ~--r-~--~I--~~VI~LIn~i~-4s~~-~~l)p-9


I I


_i~t~jJLLLlitkl~r71~I~Tr~iE;I I~ir [~Tcrl-


iTS47Ti7791











"60
61
62
63
64
65
66
67
68
69
70
71
72
73
-OPERATING 74
EXPENSES 75
76
77
78
79
80
81
82
83
84
85
86
87
88
89


HTLI I .I I I 1[1 TlT111 ILTI Ti-


I I I I i I I i I I ; .


I ;


FE __bA ONIT.0_ 000_ _p

I 5 ___ __ _1 O


ICOST RECOVERY--AlCHINERY AND EQUIPMENT
COST RECOVERY-MACHINERY AND EQUIPMENT


;s1

t C"

Sci.
6!o d





S n



15
I 5 '


3to
-So

0

0

50
I0
_ c
_50
-_0




i o


-0


IT I I I lisq3_:tt


~tLf-tt--n--r I-t~t3L~-t-l--~-~t- eJ--+-~-l~










90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119


Si ll I l l


I Il I I I ,


COST RECOVERY--
MACHINERY AND EQUIPMENT


-~-


_ ~_____~L-trrLLb-i-i-LY-Ur3--L-r~-r-.


,. ,I 1 1111 1 I 1 :!. l l1









I I 1 iT-1 1 11I I I 1


120
121 3
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149


CTTT
1 II,



.ff
A ri
;. r\EF


IT II


Fo p



Ti U:



---r-


i-F


I
5 s
_ 5


I-


r'


COST RECOVERY--
ANIMALS


-I i


I i I i i-., I I I 1 1


3 c








i I 1.1 I I I I


150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180


I I I I ,


I I* I I I I I.,


1- TT-


FI

















_ _


- CAPITAL LOSSES


i I I I I


COST RECOVERY--
BUILDINGS


- I


TItI -


a

ti


1111, IL I: I I I, -1-1 7 -


I s











lV1i 1 li ~Ii-iL .II 1 I I 1 I I II I I ITT... I I I I I I I I 17 T1 I i I 1i 1 I I I il i


4t


o0
tg


1 I ir'l I (. ,i


51-Mo


I WInl


cI~L
lol


i I I;


-Ilsob


WKV
tht~1


o 4 SOQO I !o


o~K1L


!! ^ Id o b in TI isLpc50da iolIT TT J i Li iT 1. 1 \\ i i 6


I II


S. i i 'i i i ii i .i 5 i i. I i 1. I .1 i 1 Ir iiLK i K ti) In itKiU lAt LAN
.[ !-o 'f> I oo o< 0 64_IC 0 o
-0 Ici00 D 0 t oo __v 0
0 C 000 00 0 0 0

0 0 0 5_ _c o 0 c 0

__ o -ooc c 0c000 C bTo

c o_0000 r _C C I _
oo _o cc o c c I


~*0
I 0
C



0


PRINCIPAL PAYMENTS ON INTERMEDIATE LOANS -


RESERVED -


- LONG TERM LIABILITIES


SHORT TERM LIABILITIES -


INTERMEDIATE TERM LIABILITIES


197
198
199
200
201
202
203
204
205
206
207
208


I L ~


[ T iP i i i L i












aco too 0 I o "ch 3000 0000 10000o_ _i 00oco lc&. 1-C 1.0-o coc



S___ 0 _E 5 0 C : _s ci



J_ I i4J LJLLi 1L
S __DIVIDENDS
00 Loco I00 Ico I ic Lee krl_ e 0 -CoCoc SecTC







F l d l EAR ING
c~ 0 1 0 C c N ,d



FX r0E ..






C- LAND 1 RENT
c cc o c D 53 INVENTORY

oo. 0o 1_ co "c o5cl_ op 50 -0 a_
'00( 1 RETAINED EARNINGS





-REDUCTION, RETAINED EARNINGS
LAND RENT-


_ Xt __


















APPENDIX VII



Sample Output












APPENDIX VII


PROJECTED FPlit DIFFERETIAL FfM.1 CflICE 0EA[ED STEERS (T,,.iE 8) WHiD THEIR EO3ERiPE:DIH; PRICES (I1 LE )
- -- -----------`--- -------- ---- --- ---- --- ---- --- ---- ---- --- ---- --- ---- ---
('251)D (425LE) (455: ) (2251)25,:(;1I (3751.0 (3550L:)(800J.t) (1200dLE
CHOICE lC.EED Sf ERS BACK. STEERI LI6HIE IGHICT IEliED 0VTIEr~ BACl. HIFERS. LULL CM'S

YEAR STEERS CHOICE i300 CHOIC? COG6 CHOICE CSOD CHOICE CHD CHICE 60ED UTILITY CUTTER PULL1
-- ------------------------------------------------ ------------ - ---
19l1 6.00 0., -3.82 1.5. -5.51 23 44 1.21 -11.32 -15.32 -2.S? -12 32 -22.17 -30.17 -20.21
1R32 75.00 0.0 -4.92 1.50 -5.50 20.33 19.90 -1i.62 -1J.12 -6.12 -15.62 -31.73 -35.78 -25.34
l 33 91.00 0.0 -6.52 1.5e -5.50 31.S? 25.12 -19.02 -21.l2 -10.I2 -20. 2 -39.110 -013.9 -32.70
193S 111.00 0.0 -8.52 1.50 -5.5)0 0.07 :1 72 -25.92 -2.0 2 -16.92 -2.02 -50,. -50.lq -01.90
1925 131.00 0.0 -10.52 1.5A -5.50 56.27 33.32 -31.102 -35.2 -22.92 -32.12 -60.30 -0.30 -51.10
199s 9,.00 1.0 -6.86 2. 0 -0.50 31.S1 27.30 -19.d -21.66 -14.1i -20.1l -39.21 -41.29 -32.92
1917 98.00 0.0 -8.22 0.0 0.0 30. 1 21 2 -2.5 -2.5 -2; .5 5, -26.50 -I .2a -,)l.23 -31.10
1938 1').00 0.0 -/ .- 1.50 -5.50 3. 00 21.01 -23.32 -27.32 -10 22 -20.32 -. 5? -50.57 -31.63
19S9 112.00 0.0 -8.2 1 56 -5.50 i,.l1 32.05 -25.72 -21.7? -17.22 -21.72 -50.d5 -5-.05 -27.34
1910 120.00 0.0 -0.42 1.:' -5.50 50.88 34.69 -23.12 -32.12 -1.i2 -129.12 -':.7] -58.73 -41.04
1991 150.00 0.0 -12.41 1.5, -5.50 65.58 !'4.51 -37.12 -[1.12 -28.2 -33.12 -70.03 -74.03 -59.81
----------------------------------------- ----- ---- ----- ---- ----- ---- ----- ---- ---- ----- ---- ----- --------- --- ----
ACTUAL PFRIF;
DEFlETED ------- -- ---------------------------------
CKSICE iEAME" I"SEER BACK STEERI LIC6I;:(EIG T HEAlED HEIfEE BEACK. HEIFEki CULL CLOS

YEAR TEERS CHOICE bSruD CHI C; 6i0 C!I3ICC 61OC CHOICE (G0ii CI6ICE -OD UTILITY' CUTTER 6U1LLS
--------------- ----- --------------- -- --- ------- ------ ---------
1831 50.81 6 .00 .l10 5.5 58.50 7.hL C0.21 52.08 I.r.e8 0i.13 51.91 37.83 33.83 I3.72
1432 05.51 71,00 70).0 76 5 90.50 103.83 A.8 L d0.38 5o,.33 08.8 5.30 03.22 39.22 hi. c
133 7?.23 q91.0 E4l.03 92.50 S5.50 127.6? 1.1.i2 71.53 ;7.58 80.O 70.53 51.Oi 7 .06 55.3)
193 8h0. 8 111.00 1C Z.l. 112.5, 105.50 157.07 12.72 85.538 81.53 911.3 8..58 d0.Cd 58.36 69.10
1985 q3. 0 131.0 120..' 122.5 lV5.5) 117.27 169.j2 99.53 '5.5S 108.08 8a.53 70.6. d1.6d 71.90
1936 S5.30 ?.0oo0 91.4 100.00 97.50 137.31 175.30 78.30 71.34 03.8 77.0H 51.71 5<.71 65..00
13?7 .1;.3 2 .05 ".7 r8.,) 3.C. 132.d4 t1.2q 1 71.50 71 71.5 7i1.50 5?.72 57.72 .3.9
1933 10.53 104.00 95.13 105.5 90..50 147.04 113.l1 60.83 71.63 80.13 7'9.3 57.03 53.1|3 j.32
1810 dO.92 112.00 103.33 113.5) 1i .50 153.91 1li.O5 86.23 Z8.28 94.7o 85 23 l1.3 57.35 69q.1.
1994 61.00 120.00 110.53 121.5) 114.50 170.88 1I4.d '61.83 87.83 100.33 10.88 45.27 81.27 73.91
lqq1 71.24 150.00 137.51 151.5: 144.50 215.50 10.5' 112.03 101.8 121.3 111.0. 7q.i7 75.97 10.14
------------------- --- -- --------- ------ -------------------------------------------

PRBJECTED ACTUiL US. DEFLATED PRICE.i FOR C3IICE iEillED CALVES
150.000 t-------.-- --- -------4--- --+-------+- -A
I I I I I I
I I I I I I
141.538 t----- --- + -t----- -.------ ---
I I 1 I I I
I I 1 I I I
P 133.077 +-------------------------- -- ----
R I I i I I I
I I I I i I I
C 12.i.415 ------- --- --+------- -. ------ .--- --
E I I 1 i I I
S I I 1 i I J 1
116.15- ------- ---- -- -------- ----- -t- --
H I 1 1 I
N I I i I I
197.492 --- --- ----- ------ --- ----+-- ---
L I I I I
L 99.231 ----------.----- .----- ---------------.----.
L I I I
I I I I I I
S0.7.1 ------------I--------------- ----4.----
S I I [ I I I
R I I I I I I
P 82.313 (----- ------------

1 I I I I I I
o I I I I I I
73.94 4----- ---D-------------- ------------ ---

0 J.5.185] )' ----------- .. .. ---- --- --- --- .......
I I I I I I

L D I I I D I I D
f; 58.923 .----------------- +---------- ----------------- + ---------
0 I I I I I I
30 4.35 0-V-- ----------+-------------------
I I I I I I
L D I I I D ID DID
S I I I i I I
I I I I I I
103. 1 --------------. -------------------------------
I I I I I I
00.050------------ -t---(---+--(----

1901.000 10526.17 193 1.333 1 0W0. 19;l7.466 1981.333 190l.o
yEPR













VII-2


TABLE 1 : PROJECTED S OF IN COME BY CATTLE SALES
PROJECTIONS OF HERD SIZE AND LAND UTILIZATION




1981
1 EIGHT/rEf.D NHLIBER PRICE/CUT I INCDME/HEAD : TOTAL INCOME
T- ~T 'T --1"T i--l- v ----L--


CALKES
UEllED STEERS
CHOICE
GOD
EACKCROUHDED STEERS
CHO!!ICE

LITHTUEIGHT STEERS 6 HEIFERS
CHOICE

UE MED HEIFERS
CHlICE
6iDD
SACKGRONDED HEIFERS
CHOICE
G00D
CULL C1MS
SALE AT IEAFNjl
UTILITY
CUTTER
HILLS


272.00
249.75

317.67
277.88

218.6
180.47

197.55
177.6,

266.13
219.64


321.55
270.64
524.64


1732S.04
77h2.15

37495.88
8614.13

35850.38
19671.50

20742.75
3198.28

44178.05
3953.52


46303.91
25981.43
5771.04

357331.


HERD CiOUNT (END OF YEAR)
BPllD CONS
YEARLING HEIFERS
BREED RULLS
UEANED CLUES
CONS TO REPLACE
REPLCEIENT HlFER CALUES
TOTAL ANIMAL UNITS



LAND UTILIZATIOn
HATIUE RANGE
SEYI-IHPROUED PASTURE
FULLY I iPR lED PASTURE
TOTAL'CARRYING CAPACITY


F' nEUF-rA~iTA~S1 fl1----1---

1762. 1762.
310. 301.
123. 105.


T ~7I' ~~~7. 6iWRTARCTYrq.---- ----

17S? 1674.


r77.
3570.


TOTALS


aRtU I A PRARR RRAPRAERRR LAaipF RNfMtK99ARERRAl R .?S ABaR;F;RxFA.- I fI ARAFA.AR ER IiRRARfAARlAEMAAP cARARREARA MARARM MrM












VII-3


- --- -- ----- --- ---------------------- ---- ^---- ------- -----
1982

WEIGHT/Er.D 1HUIIBER I PRICE/CUT INCOIE/HEIAD TOTAL INCOME
T- T-r -r~~--fi: --'-- ~ ---- -'i-- --r-,


CALVUES
UEANED STEERS
CHOICE
GOOD

BACKGRODUHED STEERS
CHOICE
GODD
LICHITUEIGHT STEERS 8 HEIFERS
CHOICE
GiDD
UEANED HEIFERS
CHOICE
CGOD
BACKGRODUNDED HEIFERS
CHOICE
CODD
CULL COUS
SALE AT UEA[HIK
UTILITY
CUTTER


75.00
70.08

76.50
49.50

103.83
94.84

40.38
54.38

48.88
59.38


43.22
39.22
49. 4


318.75
290.83


55442.50
9015.79


371.02 102773.88
330.13 10233.88


25q.57
213.39

224.43
205.79

299.43
252.37


367.37
313.74
595.92


TOTALS


42570.25
23254.50

23774.43
3704.17

49733.23
4542.57


54370.78
31062.24
7151.04

417459.


HERD CDUNT (END OF YEAR)
BRDa= CCUS
YEARLING HEIFERS
BREED BULLS
WEANED CALVES
CD S TO REPLACE
REPLACEnENT HEIFER CALUES
TOTAL ANIHLt UNITS



LAND UTILIZATION
NATIVE RANGE
SEtI-IrMPROVED PASTURE
FULLY IMPROVED PASTURE
TDTAL CARRYING& CAPACITY


-"-^^-^'"ftTBH-ni---'---'---- -

1813. 1813.
271. 271.
134. 201.
1409. 352.


274.


I-- --'---'--L"I----~--- TR"(T --

16790. 1679.
3655. 414.
1465. 977.
3574.












VII-4


1983
----- ----- ---- -- -- -
----------~------------~--------'------------------ --------------
U EIGHT/HMEF NUBiER I PRICE/CUT I IHCOME/HEAD I TOTAL IRHCMOE
r --Egr r --'{t f-7 T-~ ------ mi-B% ~ -- [---r



CALUES
UEA(ED STEERS
CHOICE 425. 180. 91.00 386.75 49415.00
GOOD 415. 32. 84.48 350.59 11218.94
BACKGROUNDED STEERS
CHOICE 485. 285. 92.50 448.63 127058.13
GOOD 475. 32. 85.50 406.13 12996.00
LIGHTWEIGHT STEERS e HEIFERS
CHOICE 250. 169. 127.67 319.17 53940.54
GDD 225. 113. 116.12 261.27 29523.48
REANED HEIFERS
CHOICE 375. 108. 71.58 248.43 28989.90
0OD 345. 19. 67.58 246.67 4486.67
BCKCROUHDED HEIFERS
CHOICE 435. 171. 80.08 348.35 59547.49
GOOD 425. 19. 70.58 299.97 5699.34
CULL COUS
SALE AT WEARIN
UTILITY 850. 152. 51.06 434.01 6599.50
CUTTER 800. 102. 47.40 374.48 38400.96
BULLS 1200. 13. 50.30 6499.0 9094.80

TOTALS 1395. 517560.



r ~"~'scfs~ ""AlmfW11RITvm^ ~ -Y--- -

HERD CUOUT (END OF YEAR)
BROUD CuUS 1820. 1820.
YEARLING HEIFERS 271. 271.
BREED BULLS 146. 220.
UEANED CLUES 1450. 363.
CDUS TO REPLACE 272. 272.
REPLACEMENT HEIFER CALUES 282. 141.
TOTAL AMIHAL UHITS 2678.


LAND UTILIZATION
NATIVE RACE
SEI-IMPROVED PASTURE
FULLY IFPROUED PASTURE
TOTAL CARRYING CAPACITY


T-- 7 ~5-4-- IOST -Tf il'ra -- -~""

16790. 1479.
3655. 914.
1465. 977.
3570.













VII-5


...~~~ ~~ --.. .. .. .. --.. .. .. ...- --- -- -- -- -- -- -- ----.. . ..----- ----
1994

I UEIGIT/HEI. : ER I RICE/CUT IHCMIE/HEAD I 0TAL IHCOE
r -TE -- T -' CT -- -[ 1 l- ;--"~



CALVES
WEANED STEERS
C:TUICE 425. 185. 111.10 471.75 87273.75
G6OD 415. 33. 102.'S 425.29 14034.63
BCGR!:E TED STEERS
CHOICE 485. 244. 112.50 545 t 3 140S13.75
GOOD 475. 33. 105.50 501.13 16537.13
LIGHTUEICGT STEERS e HEIFERS
CH10CE 250. 174. 157.47 343.67 6 89q.38
Ci D 225. 116. 142.72 321.12 37249.90
WEED HEIFERS
COICE 375. 111. 85.58 320.43 35622.68
GOOD 365. 20. 81.58 2q7.77 5955.34
BACKGRUXDED HEIFERS
CHOICE 435. 176. 94.08 409.25 72027.63
GOOD 425. 20. 84.53 359.47 7189.30
CULL COWS
SALE AT WEANING
UTILITY 850. 153. 60.86 517.31 7911.44
CUTTER 800. 102. 56.8 454.88 46397.77
PULLS 1200. 15. 9q.10 829.20 12438.00

TOTALS 1430. 642787.



S"-- Iw-'------------- '"T ---------

HERD COUHT (EHD DF YEAR)
8IaT COUS 1814. 1819.
YEARLIRG HEIFERS 279. 279.
BREED BULLS 16. 234.
WUEHED CALVES 1456. 3"4.
COS TO REPLACE 273. 273.
REPLACElENT HEIFER CALUES 290. 145.
TOTAL ANIMAL UWITS 2704.


LAND UTILIZATIOI
NATIVE RANGE
SEII-IHPRDUED PASTURE
FULLY IMPRDUED PASTURE
TOTAL CARRYING CAPACITY


T "- "^"(a, --rwircrrr-reiicr'---'

14790. 1679.
3455. 114.
1495. 977.
3570.












VII-6


r-T-- -r--- ------------------- 'I--~--- r
1985
I------- --------------I UBER PRICE------------T I I -E/HED --l. ICME-----------
UEIGHT/KEFD 1 HUBBER PRICE/CAIT I ITCOME/HEAD I TOTAL INCOME


VALUES
UEAED STEERS
CHOICE
GOOD
ACKGROUHDED STEERS
CHOICE

LIGIHTEI'ViT STEERS 8 HEIERS
CHOICE

UEANED HEIFERS
CHOICE
GOODD

BMCKGROUNDED HEIFERS
CHOICE
GOOD
CULL CDUS
SALE AT UEAINCG
UTILITY
CUTTER
ILLS

TOTALS


HERD COUNT (END DF YEAR)
BRBOD COUS
YEARLING HEIFERS
BREED BULLS
UEPNiED CLUES
COUS TD REPLACE
REPLACEMENT HEIFER CALVES
TOTAL ANIMAL UNITS



LAND UTILIZATION
NATIVE RANGE
SEMI-ItPRDUED PASTURE
FULLY PROVED PASTURE
TBTAL CARRYING CAPACITY


184. 131,00
33. 120.49

295. 132.5)
33. 125.50

175. 187.27
116. 164.32

111. 49.58
20. 95.58

177. 108.08
20. 98.58


556.75
499.99

442.43
596.13

438.17
380.97

373.43
348.87

470.15
418.97


600.61
533.28
958.80


103555.50
16499.73

189574.38
19672.13


83216.13
8379.30


91893.31
54394.56
15340.80

757074.


r~-~-'ffl-'I-~"-r,--finran ------ ----

1825. 1825.
287. 287.
174. 241.
1455. 364.
273. 273.
291. 144.
2745.

r ---Ai3 '- -Tr~~T- arrReTnrs 'I-rr- i -----

16790. 1679.
3655. 914.
1465. 977.
3570.













VII-7


i UEIGHT/iE8AD NUflER PRICE/CUT 1 INCiE/HEAD ; TUTAL INCOME
r -Trr -- T--- nar--- -- ---i-TrEr--~-----~ ~~ r


CALUES
UEAHED STEERS
CHOICE

BACKGRODUDED STEERS
CHOICE
GOOD
LICHTUEIGHT STEERS 8 HEIFERS
CHOICE
GUDD
UEP;HED HETFERS


BACKGRUIIHDED HEIFERS
CHOICE
CDVI
CULL COUS
SALE AT EANIms
UTILITY
CUTTER
EULLS


185. 18.00
33. 91.14

295. 100.00
33. 97.50

175. 137.61
116. 125.30


TOTALS


HERD CDURT (EPD DF YEAR)
BRPOD COUS
YEARLIKC HEIFERS
BREED PULLS
WEANED CALVES
COiS TO REPLACE
REPLACElENT HEIFER CALUES
TOTAL ANHIHL UNITS



LAND UTILIZATION
NOTIUE RACE
SEMI-IFiPRDOED PASTURE
FULLY IMPROVED PASTURE
TOTAL CARRYING CAPACITY


183q. 1839.
288. 288.
190. 284.
1460. 365.
274. 274.
291. 145.
2785.

r' ~sa ~~~-"-A"3i G ms -s ~~-- -I" n-w-",T---- "r


14794. 1674.
3655. '14.
1465. 977.
3570.


4!6.50
378.23

485.80
43.13

344.02
281.92

293.77
278.64

3d4.70
330.82


499.4
453.68
780.4q


77052.50
12481.62

143075.00
15283.13

S0204.3s
32703.28

32b9 01
5572.82


76352.38
46275.35
13276.32


I(HIIL~~ *R1(RI ~~Rllk#RI16M I~YR)I~R(~M Itl~ i 4RPRI IIIZ(IUf ~F~LI(II P~P~ LtR#~U(~.~~~~~I~(~(~W( IR~llil E~ilr L8l~iWi I~Y~ P3~tiffl(rr~~oac ~rP~tn













VII-8


1987
S IEICHT/HEAD I HNUIER I PRICE/CUT INHCOE/HEAD : TOTAL INCOniE
r- iKc 'r -~ ~~~-f'Efs~~~-~~~~ '~~~~ 1ia ~ ---r


CALUES
UEiANED STEERS

CHOICE
BACKGROUNDED STEERS

CHOICE
LICHTWEIGHT STEERS HEIFERS


NEANED HEIFERS
CHOICE
GOOD
BACKRGOUNDED HEIFERS
CHOICE
GODDOD
CULL COUS
SALE AT HEARING
UTILITY
CUTTER
BULLS


175. 132.44
117. 119.24


TOTALS


HERD COURT (END OF YEAR)
gBROO COUS
YEARLING HEIFERS
BREED BULLS
litEED CALUES
COUS TO REPLACE
REPLACEMENT HEIFER CALVES
TOTAL ANIrtL UNITS



LAND UTILIZATION
NATIVE RANGE
SEtI-IIiPRODED PASTURE
FULLY IMPROUED PASTURE
TOTAL CARRYING CAPACITY


r --1-"]rl- "-T,--iifOfUI- -- ----

1854. 1854.
288. 288.
207. 310.
1471. 348.
276. 276.
292. 146.
2827.

r ~~fFInn ^-"tcsi5PacRrTrT?'1D ------

16790. 1679.
3655. 914.
1465. 977.
3570.


416.50
372.34

475.30
465.50

331 .4
248.29

268.13
260.97

311.02
303.88


77144.00
12237.15


58029.97
31389.90

30030.00
521q.50

55051.41
6077.50


75555.44
47561.28
1456.20

569290.


Y1IXk.~l~~~*t~lliFI(al~V~(~Ullf Cd~llkYlltll#10(4L~: l(#L~#,l(rTI(I(W~i~~~iF~:~UI~(~~'EXlf~l~













VII-9


1988

irEIGHT/HEAO XUf lER PRICE/CUT IHClIE/HEAD) TOTAL IICOME
r- L -- F -' --' JN- --"I ,- ar~' -,r -


CALVES
UEANED STEERS
CHOICE

BACKGROU'DED STEERS
CHOICE
GCD
LIGHKT[iTNT "TEERS 8 HEIFERS
L '.' LL

WEANED HEIFERS
CHOICE

BACKGROUDED HEIFERS
CHOICE
90D
CULL COWS
SALE AT L'-,T~Vb
JiiLiil
CUTT-,.
BULLS


188. 104. 0
33. q9.13

298. 105.50
33. 98.50

177. 147. 4
118. 133.41

113. b0.0
20. 76.68


TOTALS


*a0n -u XiMasl< 0E3b0R g o"0911Nk| fNUlMuWO aUi A KKKKA NiNltl BI

HERD CDUNT (ERD OF YEAR)

YEARLIG HEIFERS
BREED ULILLS
UEAED CALUES
COWS TO REPLACE
REPLACEMENT HEIFER CALUES
TDTAL ANDIAL UNITS



LAND UTILIZATION
HATIUE RANGE
SEHI-IRPROUED PASTURE
FULLY IMPRPUED PASTURE
TOTAL CARRYING CAPACITY


r -~i--zm- --T--i-iHBsEiT -------FIT

184<. 1866.
289. 289.
225, 338.
1483. 371.
278. 278.
294. 147.
2871.




1679%. 1679.
3655. 914.
1465. 977.
3574.


442.00
399.15

511.47
467.88

367.60
300.17

302.55
279.88

387.93
338.64


488.16
427.44
783.84


83096.00
13171.84

152479.04
15439.88


34188.15
5597.64

69440.00
4772.80


76152.13
44453.75
16460.64

617737.












VII-lO




1989
----- ----- ---------------------------

SUEIGHT/HEA I NUMBER I PRICE/CUT I IHCO1E/HEAD : TOTAL INCIlM
r-'1rcr -'T-r Fm--- T CT--T ------ ITWHS---------,r



CALUES
UEM~ED STEERS
CHOICE 425. 189. 112.00 476.00 81q4|.00
G[OD 415. 33. 103.38 429.03 14157.88
BACKGROUNDED STEERS
CHDICE 485. 300. 113.50 550.47 145142.41
G000 475. 33. 106.50 505.89 14163.88
LICHTUEI HT STEERS e HEIFERS
CHOICE 250. 178. 158.94 397.40 70737.13
GnOD 225. 119. 144.05 324.11 38549.34
UEPAED HEIFERS
CHOICE 375. 113. 84.28 323.55 3561.15
90DD 345. 20. 82.28 300.32 64do.44
BACKGROUNDED HEIFERS
CH3ICE 435. 180. 94.78 412.29 74212.49
GnO0 425. 20. 85.28 362.44 7248.80
CULL COUS
SALE AT IEARINh
UTILITY 850, 157. 41.35 521.48 81871.56
CUTTER 800. 104. 57.35 458.80 47715.20
BULLS 1200. 23. 4q.44 835.48 19220. 4

TOTALS 1470. 468101.




T `hif'- -I,-T" --l l r -
HERD CDUMT (END OF YEAR)
B Rl)D CIUS 1877. 1877.
YEARLING HEIFERS 291. 291.
BREED BULLS 245. 348.
UEAED CALUES 1493. 373.
COWS TO REPLACE 280. 280.
REPLACEiENT HEIFER CALUES 297. 148.
TOTAL AHIIAL UWITS 2918.


LAND UTILIZATIDN
HATIUE RHAGE
SEUI-IHPROUED PASTURE
FULLY IMPROVED PASTURE
TITAL CARRYING CAPACITY


16790. 1679.
3655. 914.
1465. 977.
3570.














VII-11


--------- -'- --- I ----- ----- ----- ---~ ----------------- -- ~-- --------
1996
"------- ----- ------------- -1------- ------ ------- ----
I EIGHI/HD I iUBlER I PRICE/CUT I IRCME/HEAD 1 TOTAL INCH E
T----E -~-- r ~-~--E~-'--~T, ~ ~`--l)WL- --,---;



CALVES
UEVED STEERS
CuEICE 425. 190. 120..0 510.00 49900.00
GOCD 415. 34. 110.58 458.91 15602.84
BACKGROUND STEERS
CHOICE 480. 302. 121.50 529.27 177961.00
COOD 475. 34. 114.50 543.88 1q491.75
LIGHTUEICHT STEERS e HEIFERS
CHEICE 250. 179. 170.88 427.20 764a8.q6
CGOD 225. 119. 154.64 343.05 41413.21
UEANED HEIFERS
CHOCE 375. 114. 91.88 344.55 39278.70
CGDD 365. 20. 87.88 320.76 6415.24
BACEGRDUnDED HEIFERS
CHOICE 435. 181. 100.38 436.65 74034.19
G6D 425. 20. 90.88 386.24 7724.80
CULL COUS
SALE AT EA ING
UTILITY 850. 158. 65.27 554.79 87657.56
CUTTER 8 0. 105. 61.27 490.16 51466.82
BULLS 1200. 25. 73.96 887.52 22187.99

TOTALS 1431. 720608.



T"'-- -'I "-" ,f^-I- ---T-IB- ----

ERD COUNT (EHD OF YEAR)
2BR00 COUS 1888. 1883.
YEARLIP HEIFERS 294. 294.
BRED BULLS 268. 401.
UEARED CALVES 1501. 375.
COuS TO REPLACE 282. 282.
REPLACEMENT HEIFER CALUES 299. 149.
TOTAL ANIMAL UNITS 297.

r E-RLtSI-7-^ T 1is'CiiH iTscrnnil "------i
LAND UTILIZATION
NATIVE RIYCE 16790. 1i9.
SEI -IHPRDVED PASTURE 3655. 914.
FULLY IMPROIJED PASTURE 1465. 977.
TOTAL CARRYING CAPACITY 3570.


I












VII-12


--- ------ -. -- -- ---- ---- ---- -- --- --
--------- -- ------I----------- -------------~- --------~ ------ ------ --------~--- ---
Si1941

iEICHTIHEAD I HUS'~ ER I PRICE/CUT i I IWCIE/HEAD : TOTAL IRCDE !
r~"Tiarll--T ~~~T'~---MITBLTR~-- --- -~- '~-f


CLUES
UE NED STEERS
CHOICE

BACKGROUDED STEERS
CHOICE

LIGHTUEIGHT STEERS 8 HEIFERS
CHOICE
GOOD
WEAED HEIFERS



CHOICE

CULL CUIS
SALE AT IWEAHINC
UTILITY
CUTTER
BULLS

TOTALS


191. 150.00
34. 137.58

304. 151.50
34. 144.50


215.58
194.59


115. 112.89
20. 108.88

182. 121.39
20. 111.89


637.50 121762.50
570.96 19412.53

734.77 223371.54
483.38 23336.75


538.95
437.83

423.30
397.41

529.00
475.44


67q.74
607. 76
1081.92


97010.q4
52539.29

48q74.50
7449.24


10407q.38
64422.56
29211.84


901381.


HERD COUNT (END OF YEAR)
BRIOD COWS
YEARLIRC HEIFERS
BREED 61LLS
WEANED CLUES
CDMS TO REPLACE
REPLACE;EPT HEIFER CLUES
TOTAL ANIMfL U ITS



LAND nTILIZATION
HATIUE RACE
SEHi-IIPR JED PASTURE
FULLY IlPRUVED PASTURE
TOTAL CARRYIH9 CAPACITY


16790. 167q.
3655. 914.
1465. 977.
3570.


SBU-ue n-KetKu Vas ..ble soH swess e .rnl sualmtir limi ^dl 119.14e. LZM xm ieME E M.EMk.1f MMEiNKBE lMpMmmm l EMBifNOKl MMEOM MOWNiELMM4T


r --7i~mr~- ~~ -~mTAC-DHITS-----"-'"-L














VII-13


TALE 2 : PR COfMIDS OF OPERATING EXPENSES ( LESS INTEREST )

----------- ---- --- -L---~-------~---------~----'--~---------------------

.GROWTH
ITEM RATE 1981 1982 1983 1984 1985 1986 1987 1988 i 1929 1990 i
----------------- -----------------------DDLLRS----- ----------------- --------------

CASH EXPENSES
LASOR AND FRIKGES
RA lCH MRAGEIENT 0.08 14500. 15335. 17385. 18S99. 20793. 22780. 24975. 27393. 30062. 33015. 36286.
PARCH FOREMAN 0.06 11200. 12043. 1293. 13875. 14403. 16025. 17244. 13564. 19995. 21552. 23249.
PRACH LABOR 0.06 16525. 171/8. 19086. 20471. 21989. 23645. 25W43. 27390. 29502. 31800. 34303.
PAYROLL TAXES (10.Z) 0.0 1653. 1777. 1909. 2047. 2199. 2354. 2514. 2739. 2r150. 3180. 3430.
kMREKSh CP. ( 5.) 0.0 2111. 2235. 2470. 267. 2884. 3122. 3333. 3667. 3978. 4318. 4192.
--------------- ----~- ---- -------------------------- --- -------
SUL8TOTAL 42240. WLMaO. 53446. 57724. 42399. 67533. 73150. 79274. 8596. 93295. 101337.



CATTLE EXPENSE
FEED
Cl 0.0 22900. 25!55. 27592. 29781. 32271. 35128. 38238. 41569. 45158. 4q906. 53333.
($13./HEAD IN BASE YEAR)
BACKECR DING C.08 24624. 265q4. 29586. 32887. 35649. 38477. 416q4. 45385. 49403. 53707. 58345.
($50./HEAD IN THE BASE YEAR)
OTHER 0.0 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0.
($ O./HEAD IN BRSE YEAR)
-- ----- ---------------------- --- ---- ---- '------------ -
SBTOTAL 47523. 52048. 57178. 62668. 67919. 73605. 79932. 86954. 9452. 102775. 111678.



UETERIaiRY .08 7904. 7340. 0433. 8779. 9648. 10526. 11541. 12653. 13M91. 15255. 1677.


PASTiEE EXPENSES
FERTILIZER
HATIVE RAIE 0.0 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0.
(6 O./ACRE IN ASE YEAR)
SEMI-I1,ROVED 0.08 54125. 51211. 63948. 69064. 74589. 80556. 87000. 9360. 101477. 109595. 118362.
(015./ACRE IR ASE YEAR)
FULLY IfPROUED 0.08 21975. 2733. 25632. 27482. 29897. 32238. 34871. 37661. 40674. 43928. 47442.
($15J/ACRE IN MSE YEAR)
<^5./ftCRE ~ -H ------ftH _____- ....... _-.-- __--.- .- -
STDTM. 7 800 2. 2944. 89579. 967h 104485. 112844. 121871. 131621. 142151. 153523. 165804.



LIMA
ITIVE RANCE 0.0 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0.
(5 O./ACRE IN BASE YEAR)
SEI-IPIPROUED 0.07 25585. 2/176. 29292. 31343. 33537. 35884. 38396. 41084. 43960. 47037. 50329.
($ 7./ACRE IR BASE YEAR)
FULLY ILPRDUED 0.07 10255. 10973. 11741. 12563. 13442. 14383. 15390. 16467. 17620. 18853. 20173.
(2 7./ACfE IA BASE YEAR)
SUBTOTAL 3540. 3J34. 41033. 435- 4-7- 50247. 5378. 57--551. 157-----. 58. 70502.
SJJBTDT'AL 353110. 363119. 111033. 113905. 116979. 50267. 53736. 57551. 61579. 65390. 7052.













VII-14


SOD
FERTILIZER
ADDITIONALL)
LInE(ADDITIODAL)

SUBTOTtAL



SEED
SEilI-IrPROVED
FULLY IMPROVED

SUBTOTAL



1ACHIW E WIRE
EXISTING PASTURE
OTHER USES


0.08 1730. 1868. 2018. 2179. 2354. 2542. 2745. 2965. 3202. 3458. 3735.
6.07 1450. 1551. 1660. 1776. 1901. 2034. 2176. 2328. 2491. 2666. 2852.
- ---- ------ --- ---- -- -- -- -- -- -- -- -- --- -- -- -- -- -- --
3180. 3420. 3678. 3956. 4254. 4574. 4921. 52q3. 5493. 6124. 6587.




0.05 1025. 1076. 1130. 1187. 124S. 1308. 1374. 1442. 1514. 1590. 1670.
0.05 740. 777. 816. 857. 89. 944. 992. 1041. 1093. 1148. 1205.
-. -----------. .- ------ ------ ------------- ----- --------- -----------------------
1765. 1853. 1946. 2043. 2145. 2253. 2345. 2484. 2608. 2738. 2875.




0.08 q45O. 10240. 11081. 11467. 12925. 13959. 15075. 16281. 17584. 18991. 20510.
0.0 0. 0. 0. 0. 0. 0. 0. 0. 0.

9500. 102-0. 11081. 11-67. 12925. 13959. 15075. 16281. 17594. 18991. 20510.


P.ET g.05 ,200. 6Z10. 6835. 7177. 7536. 7913. 309. 8724. 9160. 9618. 10099.
'L'.LLrid 0.05 300. 315. 331. 347. 365. 383. 402. 422. 443. 45. 439.

SUBTOTSL -- -- -
FOR PASTRE 133585. 143551. 1M483. 166142. 178689. 192194. 206730. 222376. 239218. 257349. 276,86.
REPAIRS.SUPPLIES, 9
UTILITIES
REPAIRS I MIKTENCE 0.08 12300. 13175. 14747. 16116. 17638. 19324. 21186. 23237. 25501. 28006. 30781.
SUPPLIES 0.08 6250. Z417. 74q4. 8189. 8962. 9819. 10765. 11807. 12958. 14231. 15641.
CAS & OIL 0.12 1100. 13320. 15344. 17390. 9736. 22423. 25495. 28999. 33003. 37587. 42841.
LIGHT,PEOER
IND lATER 0.09 1025. 1133. 1252. 1381. 1525. 1668. 1846. 2065. 2208. 2536. 2813.


SUBTOTAL


31475. 3'q75. 38837. 43075. 47861. 53252. 59312. 66109. 73749. 82359. 92076.


drIRlISTRATIVE
REAL ESTATE TAXES,
LICENSESETC... .08. 11225. 12123. 13093. 14140. 15271. 14493. 17813. 19238. 20777. 22439. 24234.
IHSUI rCE 0.07 2030. 2172. 2324. 2487. 2661. 2847. 3046. 3260. 3488. 3732. 3993.
TELEPHOHE 4.05 850. 892. 937. 984. 1033. 1085. 1139. 1196. 1254. 1319. 1385.
OFFICE DOTHER 0.07 4100. 4107. 4694. 5023. 5374. 5750. 6153. 6584. 7045. 7539. 8065.

SUBTOTAL 18205. 19575. 21048. 22634. 24340. 26176. 28151. 30277. 32565. 35027. 37477.


279728. 3?7048. 333048. 361021. 390816. 423285. 458815. 497647. 539951. 586060. 636401.


TOTAL CASH EXPENSE
LESS INTEREST













VII-15
TABLE 3 : HO CASH ADJUSThE H S

----------------------------------~`

181 22 19S3 i1984 1985 198 1987 ? 19 1q9 i 1190 1"1
-.------- ------------- ------------r -------- -



AMXUAL COST RECOUCEY
loCHlIErY i LJUIRICET

CHOPPER PURCHASE PRICE 0. 0. 0. 0. 0. 0. 0 0. 0.
IMVEST-CV.T T,; CREDIT 0. 0. 0. 0. 0. 0. 0. 0. 0. 0.
S COST FECCUEY 170. 170. 170. 170. 0. 0. 0. 0. 0. 0. 0.
HORSE TLR FUECIIHSE PRICE 0 0 0. 0. 0. 0. 0.
INaESTiERT TrX CCEDIT 0. 0. 0. 0. 0. 0. 0.
S CST RECCU'CRY 62. 62. 62. 42. 42. 31. 0. 0. 0. 0. 0.
TiR PUIHP PUrCHaC.SE PrItE O. 0. o. i. 0. 0. 0. 0. o. o. 0.
S IUESTET T.X C0EDIT 0. 0. o. 0. 0. 0. 0. 0. 0. 0.
CCST RECBERY 43,. 213. 0. 0. 0. 0. 0. 0. 0. 0.
3HP PlTOR PEiiCH -E PICE 0 .. 0. 0. 0. 0. 0.
I rUST T In CDIT 0. 0. 0. 0. 0. 0. 0. 0. 6. 0. 0.
S CST RECfl;iY 53. 53. 2S. 0. 0. 0. 0. 0. 0. 0. 0.
fUIPS MnCH PURCHASE P;ICE 0 0. 0. 0. 0. 0. 0.
IvESThE:T ThX CREDIT 0. 0. 0. 0. 0. 0. 0. 0.
CCST 0EC.lERY qq0. M02. ~12. 0. 0. 0. 0. 0. 0. 0. 0.
h TN" FCCD PU2.CHAS PHICE O. 0. 0. 0. 0. o. 0. .
iUESo. I. 0. 0. 0. 0.
CCST RECCEFY 551. 551. 551. 551. 551. 551. 551. 551. 276. 0. 0.
fiL0,SSES LCK PCrI'ClE PIC 0. 0. 0. 0. 0. 0. 0. 0. 0.
t.LiSTtENT To. Cu DiT S. 1. 0. 0. 0. 0. 0 0.. 0. 1. 0.
CoiT r CMECRY 5. 5. 5. 54 5. 55 54. 54. 27. 0. 0.
FEED GCOS FUrCHASE PjICE O. 0, 0. 0. 0.
IUETiET TV CEDIT S 0. 0. 0. 0. 0. 0. 0. 0. 0.
COST ECCEER' 311. 319. 311. 3 19. 319. 319. 16 0. O.
2-5000 1CTA" UIC;EE P1ICE 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0.
I;UESTtET Tx CrEDIT 0. I. o. 0. 0. 0. 0. o. 0. 0.
CCST RECNGEFY 323. 328. 303. 368. 134. 0. 0. 0. 0. 0. 0.
TUiRBIE PiP PFLCHASE ICE CC .. 0. 0. 0. 0. .
T;5,ESTi-T T~A C EDIT 0. 0 0. 0. 0.
CiST ECCCUVERY 45. 4h3. w3. 458. 458. 453 5. 458. 229. 0.
Cic E PlGiE P U Ci! PRICE 5480. o. 0. 0.
IEU STI- Ei ToX CREDIT 543. 0. .
CGiT RECGNER 543. 019. 101. 1oiA. 1o94. 543. 0. 0. 0. 0. 0.
USED GEaRfi PUJRCIiPSE PICE O. o. 0. O. 0. 0. 0. 0. 0. .
I rUESTEiT T Ey. CiEDIT 0. 0. 0. 0. 0. O
CIST EECC1ERY 13. 130. 130. 10. 5. 0. 0. .
PUPNP PL'CI:SE PRICE o. 0. 0. 0. 0. 0. 0. 0 0 0.
IRUESTIENT Tal CREDIT 0. 0. 0. 0. 0. 0. 0. 0. .
COST IECGUERY 51. 51. 51. 26. 0. 0. 0. 0. 0. .
INDMIiLL PUiuCIi E PRICE 1978. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0.
IuE0ThERT THX CiEDIT 193. 0. 0. 0. A. 0. 0. o. 0. 0.
COST FECCERY 1q. 19q. 193. 198. 19 19 193. 191. 193. q.
TRACTOIR diOP FPliCIIAW PE PCE *. 0. 0. 0. 0. 0. 0. .
IUE1TE-iT 0Ti CREDIT 0. 0. 04. o. O. 0. 0. 0. 0. o.
CDST RiECOiERY 1022. 1022. 1027. 1022. 1022 1022. 1 1022. 1022. 1022. 511. 0.
STOVE PUrCHp1E PRICE 0. 0. 0 0*. 0. 0. 0. 0. 0.
InUEST~.ET T:iX [C-IT o. O. 0. 0 0. 0. 0. 0. ). 0. 0.
COST RECOUERY 43. 22. 0. 0. 0. 0. 0. 0. 0. 0. 0.
2 FEEDERS PRiCHaSE PICE 0. 0. 0. 0. 0. 0. 0. A. A. 0. 0.
IkUlESTET .aX CREoIT 0. 0. 0. 0. 0. 0. ). A. o. 0. 0.
COST RECODUER 535. 533. 27. 0. 0. 0. 0. 0. 0.
CHAIN SA!! PUoCEliSE PRICE --- 0. 0. 0. 0. 0. 0
S liiUESTHET TAX CREDIT 0. 0 A. 0. -. 0.












VII-16
COSI RECOUERY 3.. 3). 30. 30. 15. O. A. 0. 0. A.
RAK0 I OUIP PURKCHAE PRICE o. G. O. O. 0. A. O. o. 0. 0. 0.
INtLSiiEIN TAX CREDIT o. o. A. 0. A. A. 0. A. A. 0. 0.
CGSr FECGCUEY 35. 33. 35. 17. 0. 0. 0. A. 0. 0. 0.
fOWER PURCHASE PRICE O. 0. 0. 0. 0. 0. 0. 0 0 0. 0.
INUESTrEPT TAX CREDIT O. 0. 0. 0. 0. A. 0. A. A. A. 0.
COST RECOVERY 264. 252. 252. 252. 0. 0. 0. 0. 0.
UlED FUdP PIC2iCHA PRICE 0. 0. 0. 0. 0. 0. A. A. A. 0. 0.
IpiESThEXT TIX CREDIT 0. 0. A. 0. 0. A. A. 0. .
CGST RECCUERX 280. 14. o. A. 0. 0. 0. o.
OFFICE. FilN PPICHASE PTRCE o. o. O. 0. A. 0. 0. A. A. A. A.
IvCTiiE#RT i CREDII Q. A. i. i. A. A. o. A. .
Ci11 RECOUERY 170. 110. 170. 170. 170. 170. 170. 170. 05. A. 0.
AiR COED FLCHLlS PRICE 70E. A. 0. 0. 0. A. A. A. A. 0. 0.
1ESTdECTI TfX CREDIT 70. A. 0. A. -. A. A. A. A. A. A.
COST RECOIERY 33. 73. 70. 70. 7. 7. 70. 70. 35.


CIDSE: TLR PURCHiAE PRICE
I.:ESTLIET TX CREDIT
COST RECOVERY
PICKUP TRC PURCHASE PRICE
IVUESil!ENT TAX CREDIT
COST RECOVERY
1CUI5G MfCH FPIRCHi'SE PRICE
Il:jtTsEIRT TAX CREDIT
COST RECOVERY
FEED 1;0sGO PURCHASE PRICE
COST RECOVERY
EHnl#E PINCp:1]E PRICE
I!iUEST:iiT THX CREDIT
CAST KECOVERY
CARl SILU PURCH-SE PRICE
IIEvTEST T TAX CEDIT


CDST ICUCUERY

IBUEESThL T TSA CREDIT
COST RECOVERY

PICKUP PLIPCHASE PRICE
IAUESThEIT TAX CREDIT
C1ST RECIOERY
PURCHASE PRICE
IBVESTRECT TAX CREDIT


ISMrSTriNT TAY OKEUMT
COST RECGUERY
PURCIIASE PRICE
IWUESTIEI T TAX EDIT
CIST RECOVERY
P;IRCI!RE PRICE
IVlESTRE! TIf CREDIT
COST RECOVERY
PURCHiAE PRICE
INAIESLTI T TAiX CiEDIT
COiT PECIVERY
PUICIiAE PRICE
I'.ESIhEIT TnX CREDIT

COST RECiUERY
PFURCHISE PVICE
I'JESThEXT TAX Ci:EDIT
CDST KECClERY

PURCHASE PRICE
INUESTIEeT TAX CREDIT


0. O. A. A. 0. -. A. A. A. A. A.
o. 0. A. ). '.. A. A. A.
02). 820. 82. 820. 410. 0. A. A. A. A. 0.
f. 0. '). 0. 0. A.0. A. .
S O. A. A. A.
1223. 122!. 1225. 1225. 412. 0. 0. 0. A. 0. A.
0. 0. O. O 0. 0. 10063. 0. 0. 0. 0.
o. i. (. li4 4. i. .. A.
i. '. O. 0. 1004. 2013. 2013. 2013. 2013.
,. '. 0. A. 0 A. i .
f v. 0. 0. 0. 0. 1,A. 0.
O. o. O; (. A. 0. 0. A. A. MS. 1520.
0. C. 0. O. A. 0. 13031. 0.
v. .. o. A. A i3l3. 0.
0. 0. A. A. 0. 0. 0. 0. A. 1303. 2"04.
0. 0. 0. 0 0. 3qq A. 3.
0. 0. A O. A. A. 40. A. A.
0. o. A. 0. A. 0. 4A. A. 8I.
o. 0. 0. 0. 0. 0. 1133.
0. A. 0. 0. 0. 0. A. 0. 113i.
0. 0. A. A. 0. 0. 0. 0. 0. 0. 113.
A. 0. A. A. A. 10770. 0. 0. 0. 0. 0.
A. t. A. A. 0. 1077. 0. A. A. .
,. 0. o. 0. 0. 1W1. 2341. 2262. 2212. 222. 0.
A. o. 0. 0. 0. 0. A. A.
0. 0. 0. A. 0. A. A. 0. 0.
0. 0. 0. A. A. A. A. A. A. A. A.
0. 0. 0. A. 0. 0. 0. A. .
0. 0. 0. 0. A. 0. 0. 0.
A. A. 0. 0. 0. 0. 0. A. I. A. A.
0. 0. 0. 0. 0. 0. A.
A. 0. i. o. O. 0. 0. A. A. A.
0. 0. O. 0. 0. A. A. A. A. 0. 0.
0. A. 0. 0. -. A. 0. A. A. A.
0. A. A. A. A. A. A. 0. 0.
A. o. o. o. O. o. A. 0. A. A. A.

O. A. A. o. A. o. o. A. A. 0.
0. O. i o. o. A. o. .
0. O. o. O. A. A. A.
o. 0. 0. 0. A. A. A. 0. A. 0. 0.
0. a. 4. A. o. o. A. A. o. ). 0.
A. o. o. o. o. O. o. 0. ). .
o. 0. 0. 0. 0. 0. 0. 0. A.

A. 0. A. A. A. A. 0. 0. 0.
3. 3;. 0. (. ?. *. I. 1. 0. 3.











VII-17

COST RECDUERY 0. 0. P. 0. 0. .
PURCHTSE PRICE 0. 0. 0 0. 0. 0. 0. P. 0.
INUESTfEkiT Te CREDIT 0. 0. 0. P 0. 0. 0 0.
COST RECO"UERY 0. 0. P. 0. 0. 0. 0.
PURCHASE PRICE 0 P. 0. 0. 0. 0. .
IUIEST.ENT TAX CREDIT O. 0. 0. 0. 0. 0. 0. 0. 0.
COST RECOVERY 0.. 0. 0. .* P.. P. .
PURCHASE PRICE O. 0. 0. P. P. 0. 0. P. P.
IUESTTERC TAX CREDIT 0. 0. 0. 0. 0. P. 0. 0. 0. P.
COST EECO'ERY 0. 0. 0. 0. 0. 0. 0. 0. 0.
PUERCIITE PRICE 0. 0. 0. 0. 0. 0. 0. ". 00.
Ii.J:ThEuT rPl CRDIT 0. C 0. 0. 0P. 0. 0.
CGST REC'VERY 0. 0. 0. 0. 0. 0. .. 0. 0. 0.
PURCHASEE PRICE 0-. 0. 0. 0. 0. 0. 0. 0. 0. 0
I"UESTNE T TR CEEDIT 0. 0 0. 0. 0. 0. P. P.
CCST RECOVERY C. 0. 0 10 0. 0. 0 P. 0 .
PuC'CHMSE PRICE 0. 0. 0. P. 0. 0. 0. 0. 0. .
IKEESTtK i TAX CgEDIT 0. 0. 0. 0. 0. 0. 0. 0.
COST RECOVERY 0. 0. P. P. 0 P P. P. P.
PURCHASE PRICE 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. .
IVESTTEPT TAX CREDIT ). o. o. P. P. P. P. P. P. .
CCST RECOUERY 0. P. 0. P. P. P. P. P. P. P.
PURCHASE PRICE 0. 0. 0. 0. P. 0. 0. P. P.
IpJUESTiHENT TAl CIEDIT 0. P. P. P. P. P. 0. P. P P. P.
COST RECO'JERY 0. P. P. P. P. 0. P. P.
PUTCIFISE PRICE 0. P. P. P. 0P. P. P.
I.?ESTIEPT T'S CEEDIT 0. 0. P. P. P. 0. 0. P. 0. P.
COST RECOVERY .) 0. 0. P. P. P. P. P. P. P. .
PURCPh.SE PRICE o. 0. P. P. P. P. 0. P. P. P. P.
iiTESiER;T TfS COECIT P. P. 0. P. P. P P. P. P.
COST RECUIERY 0. 0. I. 0. 0. P. P. 0. ". 0. 0.
PURCIASE PRICE 3. 0. ?- 0. 0. i. .
IUEASTiET TAX C0E.IT V. 9.. P. P P. P. P. P.
CCST RECOVERY 0. 0. -. P. P. P. P. P.
PluECHSE PRICE 0. 0. ?. P. 0. P. P. P.
IVECSTE HT TAX CREDIT P. P. o. P. P. P. P. P.
COSI PECEoSrY P. P. P. P. P. P. P. P. P. P. P.
P'FUCIIASE PRICE P. 0P. P. P. P. P. P. P. P. P.
ICOESTt TREC CE6bIT 0. P. 0. P. P. 0. P P. P. .
COST 0ECCVERY P. P. P. 0. P. P. P. P. P. .
PURCHASE PRICE 0. 0. P. P. P. P P. P. P. P. P.
IB'ESTEHT Tni- CREDIT 0. 0. 0. P. P. P.
COST RECOEY P. .. P. P. P. P. .
PUCIHiSE PRICE 0. O. 0. P. P. P. 0. P. P. P. P
IPIESTECT T mX CEDIT P. P. P. P P. P. .

CIS T -REoPEY P. 0. P. P. 0. P. P. P. P.
COST RECDUERY 0. 0.



PFUCHASE PRICE 0. 0. P. P. P. P. 0. P. 0. P. P
ITESTHEPT T .x CREDIT P. .. P. P. P. P. iP. P. P. P.
CflST ECDEY .. 0. 0.
CHASE P-ICE 0. ).
COST RECNiERY 0. 0. P. P. P. P. P. P P.
Pl0CHPSE PRICE 0. 0. 0. 0. 0. P. P. P. P. P. P.
IJUEST;ENT TA. CREDIT P. P. P. t. 0. P. 0. o. p. 'x P.
CDST RECOyERY P. 0. P. P. P. 0. P. 0. P.
PORCIASE PRICE 0. 0. 0. P. P. P. P. P. P. P. P.
INUESTIKEVT TAX CREDIT 0. 0. P. P. P. P. P. P. P. P. P.
COST RECOUCRY P. 0. 0. P. P. P. P. P. P. P.
PURCHASE PRICE 0. 0. P. P. P. P. P. P. P.
IUESTE.!XT TAX CREDIT P. P. P. P. P. P. 0. P. P. P.
COST RECOVERY P. P. 0. P. P. P. P. 0. P. P. P.
PURCHASE PRICE P. P. P. P. P. P. P. P. P. .
ITCESTCiEYI TAX CREDIT 0. P. P. P. P. P. P. 0. P. .
COST RECCUVERY P. 0. P. 0. 0. P. .
P.RCHSE PRICE 0. 0. P. P. P. 0. 0. P. P. .
IPWChEMPT TAX CREDIT 0. 3. 0. 0. P. P. P. 0. P. .
4













VII-18

0. 0. 0. 0. 0. 0. 0. O.


0 0. 0.


TOTAL IT!JESTbET TAX CREDIT 81S. 0. 0. 0. 0. 1077. 1006. 0. 40. 238a. 1134.


SUBTS[RL flAHItRY

CATTLE

5 HERCFCTR f

3 BEEFinR PL

4 START MUL

5 HEREFaRD H

















































SUBTOTAL CATTLE

DUILDI.GS

RANCH OFFICE

EARN

WELL


8750. %,39. e54. 7306. 5237. 5'37. 6213. 7117. 6609. 7534. 7491.


1000. 1000. 1000. 500.

620. 42). 620. 620.

230. 5400. 50.

60d. 600. 20. 0.

0. 0. 0. O.

0. 0. 0. 0.

0. 0. 0. 0.

0. 0. 0. 0.

0. 0. 0. 0.

0 0O0. 0.

0. 0. 0. 0.

0. 0. 0. 0.

0. 0. 0. 0.

0. 0. 0. 0.

0. 0. 0. O.

0. 0. 0. 0.

0. 0. 0. 0.

0. 0. 0. 0.

a. 0. 0. 0.

5. 0.

0. 0 0. 0.

0. 0. 0. 0.

V. 0. 0. 0.


0. 0. 0. 0.

0. 0. 0. 0.



0. 0. 0. 0.


0. 0. 4. 0.

2500. 278S. 2430. 13o0.


0. 0.

310. 0.

540. 230.

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.










4. 3.

O. 0.
0. 0.

0. 8.
0. 0.
0. 0.


1,01. 101. 1681. 1801. 1801. 1001. 1S01. 1601. 094. 0.

260. 240. 260. 240. 260. 260. 260. 12i. 0. 0.

300. 150. 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.


COST RECCULEY




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