XML 45 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
JEWETT-CAMERON TRADING COMPANY LTD. CONSOLIDATED BALANCE SHEETS (Prepared by Management) (Unaudited) (USD $)
Nov. 30, 2013
Aug. 31, 2013
Current assets    
Cash $ 8,096,072 $ 8,308,445
Accounts receivable, net of allowance of $Nil (August 31, 2013 - $Nil) 2,237,734 3,344,777
Inventory, net of allowance of $134,259 (August 31, 2013 - $134,259) 8,374,751 [1] 8,520,991 [1]
Note receivable   15,000
Prepaid expenses 883,172 587,609
Prepaid income taxes 43,744 270,423
Total current assets 19,635,473 21,047,245
Property, plant and equipment, net 2,247,334 [2] 2,241,950 [2]
Intangible assets, net 350,486 [3] 368,662 [3]
Total assets 22,233,293 23,657,857
Current liabilities    
Accounts payable 453,525 1,715,458
Litigation reserve 137,442 [4] 144,103 [4]
Accrued liabilities 665,897 1,149,882
Total current liabilities 1,256,864 3,009,443
Deferred tax liability 45,829 [5] 50,393 [5]
Total liabilities 1,302,693 3,059,836
Contingent liabilities and commitments 0 [6] 0 [6]
Stockholders' equity    
Authorized, 21,567,564 common shares, without par value, 10,000,000 preferred shares, without par value. Issued, 3,134,936 common shares (August 31, 2013 - 3,134,936) 1,479,246 [7] 1,479,246 [7]
Additional paid-in capital 600,804 600,804
Retained earnings 18,850,550 18,517,971
Total stockholders' equity 20,930,600 20,598,021
Total liabilities and stockholders' equity $ 22,233,293 $ 23,657,857
[1] Note 3
[2] Note 4
[3] Note 5
[4] Note 13a
[5] Note 6
[6] Note 13
[7] Note 8