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JEWETT-CAMERON TRADING COMPANY LTD. CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
May 31, 2019
May 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 1,567,534 $ 2,219,940
Items not involving an outlay of cash:    
Depreciation and amortization 143,413 266,970
(Gain) loss on sale of property, plant and equipment (105,366) 27,022
Deferred income taxes 3,997 41,435
Changes in non-cash working capital items:    
(Increase) in accounts receivable (2,972,532) (3,527,471)
Decrease in inventory 1,173,224 1,094,535
Decrease (increase) in prepaid expenses 21,268 (180,143)
(Increase) in prepaid income taxes (65,975) (114,413)
(Decrease) increase in accounts payable and accrued liabilities (82,148) 609,313
Net cash (used in) provided by operating activities (316,585) 437,188
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property, plant and equipment (8,112) (99,437)
Proceeds from sale of property, plant and equipment 327,077 1,000
Net cash used in investing activities 318,965 (98,437)
CASH FLOWS FROM FINANCING ACTIVITIES    
Redemption of common stock (2,661,848) 0
Net (decrease) increase in cash (2,659,468) 338,751
Cash, beginning of period 6,097,463 5,912,250
Cash, end of period $ 3,437,995 $ 6,251,001