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JEWETT-CAMERON TRADING COMPANY LTD. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)		12 Months Ended
		Aug. 31, 2018	Aug. 31, 2017
Income statement
SALES		$ 53,923,152	$ 47,701,056
COST OF SALES		42,325,338	36,621,773
GROSS PROFIT		11,597,814	11,079,283
OPERATING EXPENSES
Selling, general and administrative		2,103,899	2,016,776
Depreciation and amortization		274,065	275,214
Wages and employee benefits		4,943,431	4,349,542
Total operating expenses		7,321,395	6,641,532
Income from operations		4,276,419	4,437,751
OTHER ITEMS
(Loss) on sale of property, plant and equipment		(27,022)	(394)
Interest and other income		30,026	27,894
Total other items		3,004	27,500
Income before income taxes		4,279,423	4,465,251
Income taxes
Current	[1]	1,288,275	1,758,603
Deferred (recovery)		70,509	(20,009)
Net income for the year		$ 2,920,639	$ 2,726,657
Basic earnings per common share		$ 0.66	$ 0.60
Diluted earnings per common share		$ 0.66	$ 0.60
Weighted average number of common shares outstanding: Basic		4,430,940	4,545,044
Weighted average number of common shares outstanding: Diluted		4,430,940	4,545,044
[1] Note 6

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