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JEWETT-CAMERON TRADING COMPANY LTD. CONSOLIDATED STATEMENTS OF CASH FLOWS (Prepared by Management) (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Feb. 29, 2016
Feb. 28, 2015
Feb. 29, 2016
Feb. 28, 2015
CASH FLOWS FROM OPERATING ACTIVITIES        
Net income $ 131,960 $ 283,560 $ 664,205 $ 611,347
Items not involving an outlay of cash:        
Depreciation and amortization 68,470 70,600 143,983 139,683
Gain on sale of property, plant and equipment (5,600)   (5,600)  
Deferred income taxes (9,301) (6,426) 3,504 (2,709)
Interest income on litigation   (6,588) (6,661) (13,249)
Decrease in litigation reserve (84,010)   (84,010)  
Changes in non-cash working capital items:        
Decrease (increase) in accounts receivable 535,231 (2,313,462) (96,348) (2,591,148)
Decrease (increase) in inventory 651,225 (358,245) 840,559 (1,948,867)
(Increase) decrease in note receivable 360 (1,700) 1,310 13,300
Decrease (increase) in prepaid expenses 543,620 (255,461) 210,611 (62,904)
(Increase) decrease in prepaid income taxes (159,031) 126,559 (132,461) 331,730
(Decrease) in accounts payable and accrued liabilities (373,786) (373,590) (285,100) (360,742)
Net cash provided by (used in) operating activities 1,299,138 (2,834,753) 1,253,992 (3,883,559)
CASH FLOWS FROM INVESTING ACTIVITIES        
Purchase of property, plant and equipment (37,376) (13,417) (47,902) (14,697)
Proceeds from sale of property, plant and equipment 5,600   5,600  
Net cash used in investing activities (31,776) (13,417) (42,302) (14,697)
CASH FLOWS FROM FINANCING ACTIVITIES        
Proceeds from bank indebtedness   875,386   875,386
Redemption of common stock       (1,292,477)
Net cash provided by (used in) financing activities   875,386   (417,091)
Net increase (decrease) in cash 1,267,362 (1,972,784) 1,211,690 (4,315,347)
Cash, beginning of period 4,360,625 1,984,977 4,416,297 4,327,540
Cash, end of period [1] $ 5,627,987 $ 12,193 $ 5,627,987 $ 12,193
[1] Supplemental disclosure with respect to cash flows (note 15)