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Changes in Cash Flows from Operating Assets and Liabilities

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

NOTE 15 - Changes in Cash Flows from Operating Assets and Liabilities

The changes to the Company's operating assets and liabilities for the years ended December 31, 2016 and 2015 are as follows:

		2016				2015
Decrease (increase) in accounts receivable		$	14,417			$	(77,447	)
Decrease (increase) in inventory			50,031				(40,240	)
Decrease (increase) in prepaid expenses and deposits			(9,661	)			1,496
Decrease (increase) in related party receivables			1,180				(672	)
Increase (decrease) in income taxes payable			143				(898	)
Increase (decrease) in accounts payable and accrued liabilities			91,970				66,827
Increase (decrease) in bank overdraft			2,635				-
		$	150,715			$	(50,934	)

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- References

No definition available.

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- Definition

The entire disclosure for classifying current financial statements, which may be different from classifications in the prior year's financial statements. Disclose any material changes in classification including an explanation of the reason for the change and the areas impacted.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6359566&loc=d3e326-107755

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