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JEWETT-CAMERON TRADING COMPANY LTD. CONSOLIDATED STATEMENTS OF CASH FLOWS (Prepared by Management) (Unaudited) - USD ($)
3 Months Ended
Nov. 30, 2018
Nov. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 349,694 $ 322,433
Items not involving an outlay of cash:    
Depreciation and amortization 50,870 72,665
Loss on sale of property, plant and equipment   27,552
Deferred income taxes 4,826 (21,565)
Changes in non-cash working capital items:    
Decrease (increase) in accounts receivable 417,942 201,514
(Increase) decrease in inventory (1,121,813) (312,590)
Decrease in note receivable 1,903  
(Increase) in prepaid expenses (157,361) (444,782)
Increase (decrease) in accounts payable and accrued liabilities 536,032 (135,512)
Decrease in prepaid income taxes 114,310  
Increase in income taxes payable 27,330  
Net cash provided by (used by) operating activities 223,733 (290,285)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property, plant and equipment   (61,899)
Net cash used in investing activities   (61,899)
CASH FLOWS FROM FINANCING ACTIVITIES    
Redemption of common stock (893,376)  
Net cash used in financing activities (893,376)  
Net decrease in cash (669,643) (352,184)
Cash, beginning of period 6,097,463 5,912,250
Cash, end of period $ 5,427,820 $ 5,560,066