FSA-2039 Farm Business Plan - Worksheet Summary of Year's busines

This form is available electronically.

Form Approved - OMB No. 0560-0238
Position 3

U.S. DEPARTMENT OF AGRICULTURE
Farm Service Agency

FSA-2039
(12-31-07)

FARM BUSINESS PLAN WORKSHEET
SUMMARY OF YEAR'S BUSINESS
FORM NOT REQUIRED. DO NOT RETURN THIS COMPLETED FORM TO YOUR COUNTY FSA OFFICE; IT IS FOR YOUR INFORMATION ONLY.

A. Name (Applicant/Borrower)

B. Date:

C.

Projected/Income and Expense
Actual Income and Expense

1. Total Farm Income
2. Purchase of Livestock and other Commodities for Resale
3. Gross Margin (Item 1 minus Item 2)
4. Total Operating Expenses (excluding depreciation)
5. Net Operating Income (Item 3 minus Item 4)
6. Non-Farm Income
7. Total Net Operating Income and Non-Farm Income (Item 5 plus Item 6)
8. Owner Withdrawals, Income Taxes, and Non-Farm Expense
9. Net Cash Income (Item 7 minus Item 8)
10. Term Loan Principal Payments
11. Margin After Debt Service (Item 9 minus Item 10)
12. Loan Advances
13. Capital Sales and Capital Contributions
14. Beginning Cash/Cash Carryover from Previous Year's Operation
15. Total Margin After Debt Service, Loan Advances, Capital Sales, Capital Contributions and
Beginning Cash/Cash Carryover from Previous Year's Operation (Total of Items 11, 12, 13 & 14)
16. Operating Loan Principal Payments and Debts Refinanced
17. Capital Expenditures and Capital Withdrawals
18. Total Operating Loan Principal Payments, Debts Refinanced, Capital Expenditures and Capital
Withdrawals (Item 16 plus Item 17)
19. Ending Cash On Hand (Item 15 minus Item 18)
NOTE:

The following statements are made in accordance with the Privacy Act of 1974 (5 USC 552a): the Farm Service Agency (FSA) is authorized by the Consolidated Farm and Rural Development Act, as
amended (7 USC 1921 et seq.), or other Acts, and the regulations promulgated thereunder, to solicit the information requested on its application forms. The information is for the applicants use in
determining feasibility for credit or other financial assistance. Supplied information may be furnished to other Department of Agriculture agencies, the Internal Revenue Service, the Department of
Justice or other law enforcement agencies, the Department of Defense, the Department of Housing and Urban Development, the Department of Labor, the United States Postal Service, or other
Federal, State, or local agencies as required or permitted by law. In addition, information may be referred to interested parties under the Freedom of Information Act (FOIA), to financial consultants,
advisors, lending institutions, packagers, agents, and private or commercial credit sources, to collection or servicing contractors, to credit reporting agencies, to private attorneys under contract with
FSA or the Department of Justice, to business firms in the trade area that buy chattel or crops or sell them for commission, to Members of Congress or Congressional staff members, or to courts or
adjudicative bodies. Disclosure of the information requested is voluntary. However, failure to disclose certain items of information requested, including your Social Security Number or Federal Tax
Identification number, may result in a delay in the processing of an application or its rejection.
According to the Paperwork Reduction Act of 1995, an agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a valid OMB control
number. The valid OMB control number for this information collection is 0560-0238. The time required to complete this information collection is estimated to average 20 minutes per response,
including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information.

The U.S. Department of Agriculture (USDA) prohibits discrimination in all its program and activities on the basis of race, color, national origin, age, disability, and where applicable,
sex, marital status, familial status, parental status, religion, sexual orientation, genetic information, political beliefs, reprisal, or because all or part of an individual's income is derived
from any public assistance program. (Not all prohibited bases apply to all programs.) Persons with disabilities who require alternative means for communication of program
information (Braille, large print, audiotape, etc.) should contact USDA's TARGET Center at (202) 720-2600 (voice and TDD). To file a compliant of Discrimination, write to USDA,
Director, Office of Civil Rights, 1400 Independence Avenue, SW., Washington, DC 20250-9410, or call (800) 795-3272 (voice) or (202) 720-6382 (TDD). USDA is an equal
opportunity provider and employer.