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JEWETT-CAMERON TRADING COMPANY LTD. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Aug. 31, 2019
Aug. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income for the year $ 2,100,452 $ 2,920,639
Items not affecting cash:    
Depreciation and amortization 191,819 274,065
(Gain) loss on sale of property, plant and equipment (105,366) 27,022
Deferred income taxes (20,649) 70,509
Changes in non-cash working capital items:    
Decrease (increase) in accounts receivable 1,316,540 (587,437)
Decrease (increase) in inventory 3,425,392 (995,652)
(Increase) decrease in prepaid expenses (46,288) 248,525
(Increase) in prepaid income taxes (109,110) (114,310)
(Decrease) in accounts payable and accrued liabilities (449,692) (273,021)
Net cash provided by operating activities 6,305,901 1,566,340
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds on sale of property, plant and equipment 324,675 1,000
Purchase of property, plant and equipment (32,732) (110,528)
Net cash used in investing activities 291,943 (109,528)
CASH FLOWS FROM FINANCING ACTIVITIES    
Issuance of common stock 18,444 0
Redemption of common stock (3,061,441) (1,271,599)
Net cash used in financing activities (3,042,997) (1,271,599)
Net increase in cash 3,554,847 185,213
Cash, beginning of year 6,097,463 5,912,250
Cash, end of year $ 9,652,310 $ 6,097,463