This seventh edition in a series of annual financial profiles of the 100 largest cooperatives in the United States found total revenues from marketing and farm supply sales plus other income reaching a 6-year low of $42.6 billion in 1986. Net margins before losses rose 5.2 percent to $473 million , but plunged 34 percent after deducting losses of $ 275 million. Funds generated from operations (cash flow) totaled more than $ 1 billion in 1986, down 10 percent from 1985. Working capital dropped 8 percent to $ 2.2 billion while equity capital decreased 1 percent to $ 5.6 billion. Total assets declined 1 percent to $15.5 billion. Net worth, as a percent of total assets, was unchanged from 1985 remaining at 35.9 percent. Borrowed capital dropped slightly to $5.8 billion as long-term debt was reduced for the fourth straight year (3.3 percent in 1986) .