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JEWETT-CAMERON TRADING COMPANY LTD. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS - USD ($)
Aug. 31, 2015
Aug. 31, 2014
Current assets    
Cash [1] $ 4,416,297 $ 4,327,540
Accounts receivable, net of allowance of $Nil (August 31, 2014 - $Nil) 3,688,247 2,442,928
Inventory, net of allowance of $120,824 (August 31, 2014 - $111,756) [2] 8,351,575 9,154,129
Note receivable 1,310 15,000
Prepaid expenses 719,459 762,533
Prepaid income taxes 26,570 546,347
Total current assets 17,203,458 17,248,477
Property, plant and equipment, net [3] 2,231,711 2,147,387
Intangible assets, net [4] 223,250 295,956
Total assets 19,658,419 19,691,820
Current liabilities    
Accounts payable 984,955 240,825
Litigation reserve [5] 90,671 117,387
Accrued liabilities 1,024,358 1,073,930
Total current liabilities 2,099,984 1,432,142
Deferred tax liability [6] 34,300 60,972
Total liabilities 2,134,284 1,493,114
Contingent liabilities and commitments [7] 0 0
Stockholders' equity    
Capital stock authorized: 21,567,564 common shares, without par value 10,000,000 preferred shares, without par value. Issued: 2,476,832 common shares (August 31, 2014 - 2,704,630) [8] 1,168,712 1,276,201
Additional paid-in capital 600,804 600,804
Retained earnings 15,754,619 16,321,701
Total stockholders' equity 17,524,135 18,198,706
Total liabilities and stockholders' equity $ 19,658,419 $ 19,691,820
[1] Note 16, Supplemental disclosure with respect to cash flows
[2] Note 3
[3] Note 4
[4] Note 5
[5] Note 13 a
[6] Note 6
[7] Note 13
[8] Note 8