XML 19 R6.htm IDEA: XBRL DOCUMENT v3.5.0.2
JEWETT-CAMERON TRADING COMPANY LTD. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS YEARS ENDED AUGUST 31 - USD ($)
12 Months Ended
Aug. 31, 2016
Aug. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income for the year $ 2,125,099 $ 1,773,971
Items not affecting cash:    
Depreciation and amortization 276,268 281,762
Gain on sale of property, plant and equipment (5,600)  
Deferred income taxes [1] (2,947) (26,672)
Interest income on litigation (6,661) (26,716)
Decrease in litigation reserve (84,010)  
Changes in non-cash working capital items:    
Decrease (increase) in accounts receivable 346,043 (1,245,319)
Decrease in note receivable 1,310 13,690
Decrease in inventory 282,558 802,554
(Increase) decrease in prepaid expenses (113,436) 43,074
Decrease in prepaid income taxes 25,974 519,777
Increase in accounts payable and accrued liabilities 304,451 694,558
Net cash provided by operating activities 3,149,049 2,830,679
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds on sale of property, plant and equipment 5,600  
Purchase of property, plant and equipment (926,445) (293,380)
Net cash used in investing activities (920,845) (293,380)
CASH FLOWS FROM FINANCING ACTIVITIES    
Redemption of common stock (2,124,579) (2,448,542)
Net cash used in financing activities (2,124,579) (2,448,542)
Net increase in cash 103,625 88,757
Cash, beginning of year [2] 4,416,297  
Cash, end of year $ 4,519,922 $ 4,416,297 [2]
[1] Note 6
[2] Supplemental disclosure with respect to cash flows (note 15)