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JEWETT-CAMERON TRADING COMPANY LTD. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Nov. 30, 2021
Aug. 31, 2021
Current assets    
Cash and cash equivalents $ 1,235,445 $ 1,184,313
Accounts receivable, net of allowance of $0 (August 31, 2021 - $0) 5,806,987 7,086,503
Inventory, net of allowance of $250,000 (August 31, 2021 - $250,000) (note 3) [1] 17,223,927 14,391,365
Prepaid expenses 2,267,341 2,305,820
Prepaid income taxes 355,163 252,958
Total current assets 26,888,863 25,220,959
Property, plant and equipment, net (note 4) [2] 4,407,548 3,886,543
Intangible assets, net (note 5) [3] 30,629 30,897
Total assets 31,327,040 29,138,399
Current liabilities    
Accounts payable 2,084,438 1,349,677
Bank indebtedness (note 7) [4] 5,000,000 3,000,000
Accrued liabilities 1,594,834 1,798,088
Total current liabilities 8,679,272 6,147,765
Deferred tax liability (note 6) [5] 125,834 116,945
Total liabilities 8,805,106 6,264,710
Stockholders' equity    
Capital stock (note 9, 10) Authorized 21,567,564 common shares, no par value 10,000,000 preferred shares, no par value Issued 3,492,842 common shares (August 31, 2021 -3,489,161) [6] 824,039 823,171
Additional paid-in capital 725,729 687,211
Retained earnings 20,972,166 21,363,307
Total stockholders' equity 22,521,934 22,873,689
Total liabilities and stockholders' equity $ 31,327,040 $ 29,138,399
[1] BS1
[2] BS2
[3] BS3
[4] BS4
[5] BS5
[6] BS6