XML 15 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
JEWETT-CAMERON TRADING COMPANY LTD. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS - USD ($)
Aug. 31, 2018
Aug. 31, 2017
Current assets    
Cash and cash equivalents [1] $ 6,097,463 $ 5,912,250
Accounts receivable, net of allowance of $Nil (August 31, 2017 - $1,725) 4,152,492 3,565,055
Inventory, net of allowance of $75,336 (August 31, 2017 - $156,713) [2] 9,803,197 8,807,545
Note receivable 4,000  
Prepaid expenses 347,251 595,776
Prepaid income taxes 114,310  
Total current assets 20,518,713 18,880,626
Property, plant and equipment, net [3] 3,105,260 3,222,572
Intangible assets, net [4] 3,590 77,837
Total assets 23,627,563 22,181,035
Current liabilities    
Accounts payable 377,092 638,128
Accrued liabilities 1,795,207 1,807,192
Total current liabilities 2,172,299 2,445,320
Deferred tax liability [5] 81,853 11,344
Total liabilities 2,254,152 2,456,664
Stockholders' equity    
Capital stock Authorized, 21,567,564 common shares, without par value, 10,000,000 preferred shares, without par value. Issued , 4,314,659 common shares (August 31, 2017 - 4,468,988) [6] 1,017,908 1,054,316
Additional paid-in capital 600,804 600,804
Retained earnings 19,754,699 18,069,251
Total stockholders' equity 21,373,411 19,724,371
Total liabilities and stockholders' equity $ 23,627,563 $ 22,181,035
[1] Note 14, Supplemental disclosure with respect to cash flows
[2] Note 3
[3] Note 4
[4] Note 5
[5] Note 6
[6] Notes 8. 9