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JEWETT-CAMERON TRADING COMPANY LTD. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
3 Months Ended
Nov. 30, 2020
Nov. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ 488,527 $ (6,621)
Items not involving an outlay of cash:    
Depreciation and amortization 50,529 48,148
Deferred income taxes (40,784) (14,101)
Changes in non-cash working capital items:    
Decrease in accounts receivable 2,027,469 671,926
(Increase) in inventory (223,013) (902,321)
Decrease in note receivable 0 200
Decrease (increase) in prepaid expenses 196,255 (175,276)
Decrease in accounts payable and accrued liabilities (454,861) (297,730)
Decrease in prepaid income taxes 0 21,464
Increase in income taxes payable 179,040 0
Net cash provided by (used by) operating activities 2,223,162 (654,311)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property, plant and equipment (184,247) (28,750)
Net cash used in investing activities (184,247) (28,750)
Net increase (decrease) in cash 2,038,915 (683,061)
Cash, beginning of period 3,801,037 9,652,310
Cash, end of period $ 5,839,952 $ 8,969,249