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JEWETT-CAMERON TRADING COMPANY LTD. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS AS OF AUGUST 31 (USD $)
Aug. 31, 2014
Aug. 31, 2013
Current assets    
Cash $ 4,327,540 [1] $ 8,308,445 [1]
Accounts receivable, net of allowance of $Nil (August 31, 2013 - $Nil) 2,442,928 3,344,777
Inventory, net of allowance of $111,756 (August 31, 2013 - $134,259) 9,154,129 [2] 8,520,991 [2]
Note receivable 15,000 15,000
Prepaid expenses 762,533 587,609
Prepaid income taxes 546,347 270,423
Total current assets 17,248,477 21,047,245
Property, plant and equipment, net 2,147,387 [3] 2,241,950 [3]
Intangible assets, net 295,956 [4] 368,662 [4]
Total assets 19,691,820 23,657,857
Current liabilities    
Accounts payable 240,825 1,715,458
Litigation reserve 117,387 [5] 144,103 [5]
Accrued liabilities 1,073,930 1,149,882
Total current liabilities 1,432,142 3,009,443
Deferred tax liability 60,972 [6] 50,393 [6]
Total liabilities 1,493,114 3,059,836
Contingent liabilities and commitments 0 [7] 0 [7]
Stockholders' equity    
Capital stock authorized 10,000,000 preferred shares, without par value 0 0
Capital stock authorized 21,567,564 common shares, without par value; issued, 2,704,630 common shares (August 31, 2013 - 3,134,936) 1,276,201 [8] 1,479,246 [8]
Additional paid-in capital 600,804 600,804
Retained earnings 16,321,701 18,517,971
Total stockholders' equity 18,198,706 20,598,021
Total liabilities and stockholders' equity $ 19,691,820 $ 23,657,857
[1] Note 16
[2] Note 3
[3] Note 4
[4] Note 5
[5] Note 13 (a)
[6] Note 6
[7] Note 13
[8] Note 8