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JEWETT-CAMERON TRADING COMPANY LTD. CONSOLIDATED BALANCE SHEETS (Prepared by Management) (Unaudited) - USD ($)
May 31, 2016
Aug. 31, 2015
Current assets    
Cash $ 6,285,575 [1] $ 4,416,297
Accounts receivable, net of allowance of $Nil (August 31, 2015 - $Nil) 4,382,438 3,688,247
Inventory, net of allowance of $189,761 (August 31, 2015 - $120,824) [2] 7,297,894 8,351,575
Note receivable   1,310
Prepaid expenses 780,708 719,459
Prepaid income taxes   26,570
Total current assets 18,746,615 17,203,458
Property, plant and equipment, net [3] 2,138,800 2,231,711
Intangible assets, net [4] 168,720 223,250
Total assets 21,054,135 19,658,419
Current liabilities    
Accounts payable [5] 1,304,549 984,955
Litigation reserve   90,671
Accrued liabilities 1,394,191 1,024,358
Total current liabilities 2,698,740 2,099,984
Deferred tax liability [6] 4,203 34,300
Total liabilities 2,702,943 2,134,284
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 2,413,446 common shares (August 31, 2015 - 2,476,832) [8] 1,138,590 1,168,712
Additional paid-in capital 600,804 600,804
Retained earnings 16,611,798 15,754,619
Total stockholders' equity 18,351,192 17,524,135
Total liabilities and stockholders' equity $ 21,054,135 $ 19,658,419
[1] Supplemental disclosure with respect to cash flows, note 15
[2] Note 3
[3] Note 4
[4] Note 5
[5] Note 12 (a)
[6] Note 6
[7] Note 12
[8] Note 8