10-K Filing

JEWETT CAMERON TRADING CO LTD CIK: 885307 FY 2013

Filing Information

Form Type	10-K
Accession Number	`0001217160-13-000312`
Period End Date	20130831
Filing Date	20131030
Fiscal Year	2013
Fiscal Period	FY
XBRL Instance	jctcf-20130831.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 35 Cash Flow Statement 45 Stockholders Equity 10

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Preferred Stock, Par Value	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred Stock, Par Value	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash	`Cash`	$8.31M	USD	Point-in-time
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash	`Cash`	$7.31M	USD	Point-in-time
Accounts receivable, net of allowance of $Nil (August 31, 2012 - $6,509)	`AccountsReceivableNetCurrent`	$3.09M	USD	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net of allowance of $Nil (August 31, 2012 - $6,509)	`AccountsReceivableNetCurrent`	$3.34M	USD	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common Stock, Par Value	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Inventory, net of allowance of $134,259 (August 31, 2012 - $139,869)	`InventoryNet`	$8.52M	USD	Point-in-time
Inventory, net of allowance of $134,259 (August 31, 2012 - $139,869)	`InventoryNet`	$7.09M	USD	Point-in-time
Common Stock, Par Value	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	21.57M	shares	Point-in-time
Note receivable	`NotesReceivableNet`	$20.00K	USD	Point-in-time
Note receivable	`NotesReceivableNet`	$15.00K	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	21.57M	shares	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	3.13M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$587.61K	USD	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	3.14M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$388.96K	USD	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	3.13M	shares	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	3.14M	shares	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$270.42K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$17.90M	USD	Point-in-time
Accounts Receivable allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	-	USD	Point-in-time
Accounts Receivable allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$6.51K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$21.05M	USD	Point-in-time
Inventory allowance	`InventoryNetOfAllowancesCustomerAdvancesAndProgressBillings`	$134.26K	USD	Point-in-time
Inventory allowance	`InventoryNetOfAllowancesCustomerAdvancesAndProgressBillings`	$139.87K	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.24M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.00M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$444.20K	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$368.66K	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsLiabilitiesNet`	-	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsLiabilitiesNet`	$101.57K	USD	Point-in-time
Total assets	`Assets`	$23.66M	USD	Point-in-time
Total assets	`Assets`	$20.44M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.58M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.72M	USD	Point-in-time
Litigation reserve	`LitigationReserveCurrent`	$144.10K	USD	Point-in-time
Litigation reserve	`LitigationReserveCurrent`	$170.82K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$1.18M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$1.15M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxes`	$37.20K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.97M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.01M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilities`	$50.39K	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilities`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$2.97M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.06M	USD	Point-in-time
Contingent liabilities and commitments	`CommitmentsAndContingencies`	-	USD	Point-in-time
Contingent liabilities and commitments	`CommitmentsAndContingencies`	-	USD	Point-in-time
Capital stock, authorized: 21,567,564 common shares, without par value, 10,000,000 preferred shares, without par value. Issued 3,134,936 common shares (August 31, 2012 - 3,135,942)	`CommonStockValue`	$1.48M	USD	Point-in-time
Capital stock, authorized: 21,567,564 common shares, without par value, 10,000,000 preferred shares, without par value. Issued 3,134,936 common shares (August 31, 2012 - 3,135,942)	`CommonStockValue`	$1.48M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$600.80K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$600.80K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$18.52M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$15.39M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$20.60M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$17.47M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$20.44M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$23.66M	USD	Point-in-time

Income Statement 35 line items

Line Item	Tag	Value	Unit	Period
SALES	`SalesRevenueNet`	$49.29M	USD	Annual
SALES	`SalesRevenueNet`	$45.95M	USD	Annual
COST OF SALES	`CostOfGoodsSold`	$39.46M	USD	Annual
COST OF SALES	`CostOfGoodsSold`	$37.31M	USD	Annual
GROSS PROFIT	`GrossProfit`	$8.64M	USD	Annual
GROSS PROFIT	`GrossProfit`	$9.83M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.46M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.50M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$244.22K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$256.49K	USD	Annual
Wages and employee benefits	`LaborAndRelatedExpense`	$3.37M	USD	Annual
Wages and employee benefits	`LaborAndRelatedExpense`	$3.40M	USD	Annual
Total operating expenses	`OperatingExpenses`	$5.08M	USD	Annual
Total operating expenses	`OperatingExpenses`	$5.16M	USD	Annual
Income from operations	`IncomeLossFromContinuingOperations`	$3.56M	USD	Annual
Income from operations	`IncomeLossFromContinuingOperations`	$4.67M	USD	Annual
Gain on sale of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$353.85K	USD	Annual
Interest and other income	`InterestAndOtherIncome`	$37.38K	USD	Annual
Interest and other income	`InterestAndOtherIncome`	$13.22K	USD	Annual
Litigation income	`LitigationIncome`	-	USD	Annual
Litigation income	`LitigationIncome`	$1.44M	USD	Annual
Total other items	`OtherIncome`	$391.24K	USD	Annual
Total other items	`OtherIncome`	$1.46M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$5.02M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$5.06M	USD	Annual
Current	`CurrentIncomeTaxExpenseBenefit`	$1.78M	USD	Annual
Current	`CurrentIncomeTaxExpenseBenefit`	$1.90M	USD	Annual
Deferred	`DeferredIncomeTaxExpenseBenefit`	$56.29K	USD	Annual
Deferred	`DeferredIncomeTaxExpenseBenefit`	$151.97K	USD	Annual
Net income for the year	`NetIncomeLoss`	$3.13M	USD	Annual
Net income for the year	`NetIncomeLoss`	$3.06M	USD	Annual
Basic and diluted earnings per common share	`EarningsPerShareBasicAndDiluted`	$1.00	USD	Annual
Basic and diluted earnings per common share	`EarningsPerShareBasicAndDiluted`	$0.89	USD	Annual
Weighted average number of common shares outstanding:Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.44M	shares	Annual
Weighted average number of common shares outstanding:Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.14M	shares	Annual

Cash Flow Statement 45 line items

Line Item	Tag	Value	Unit	Period
Net income for the year	`NetIncomeLoss`	$3.13M	USD	Annual
Net income for the year	`NetIncomeLoss`	$3.06M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$244.22K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$256.49K	USD	Annual
Gain on sale of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$353.85K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$56.29K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$151.97K	USD	Annual
Litigation income	`LitigationIncome`	-	USD	Annual
Litigation income	`LitigationIncome`	$1.44M	USD	Annual
Interest income on litigation	`InterestIncomeOther`	$-26.72K	USD	Annual
Interest income on litigation	`InterestIncomeOther`	$-13.47K	USD	Annual
Decrease (increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-251.94K	USD	Annual
Decrease (increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$804.24K	USD	Annual
Decrease in note receivable	`IncreaseDecreaseInNotesReceivables`	$5.00K	USD	Annual
Decrease in note receivable	`IncreaseDecreaseInNotesReceivables`	$21.50K	USD	Annual
Increase in inventory	`IncreaseDecreaseInInventories`	$-1.44M	USD	Annual
Increase in inventory	`IncreaseDecreaseInInventories`	$-1.27M	USD	Annual
Decrease (increase) in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$459.38K	USD	Annual
Decrease (increase) in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-198.65K	USD	Annual
Decrease (increase) in prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$682.53K	USD	Annual
Decrease (increase) in prepaid income taxes	`IncreaseDecreaseInPrepaidTaxes`	$-270.42K	USD	Annual
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$107.09K	USD	Annual
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.30M	USD	Annual
Increase (decrease) in accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-37.20K	USD	Annual
Increase (decrease) in accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$37.20K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.08M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.94M	USD	Annual
Proceeds on sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$410.00K	USD	Annual
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-481.94K	USD	Annual
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-311.67K	USD	Annual
Purchase of intangible assets and other	`PaymentsToAcquireIntangibleAssets`	$-13.05K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-71.94K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-324.72K	USD	Annual
Redemption of common stock	`PaymentsForRepurchaseOfCommonStock`	$-3.08M	USD	Annual
Redemption of common stock	`PaymentsForRepurchaseOfCommonStock`	$-7.19K	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.08M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.19K	USD	Annual
Net increase in cash	`CashPeriodIncreaseDecrease`	$535.26K	USD	Annual
Net increase in cash	`CashPeriodIncreaseDecrease`	$999.06K	USD	Annual
Cash, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$8.31M	USD	Point-in-time
Cash, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$6.77M	USD	Point-in-time
Cash, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$7.31M	USD	Point-in-time
Cash, end of year	`CashAndCashEquivalentsAtCarryingValue`	$8.31M	USD	Point-in-time
Cash, end of year	`CashAndCashEquivalentsAtCarryingValue`	$6.77M	USD	Point-in-time
Cash, end of year	`CashAndCashEquivalentsAtCarryingValue`	$7.31M	USD	Point-in-time

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`CommonStockValueOutstanding`	$17.49M	USD	Point-in-time
Beginning balance	`CommonStockValueOutstanding`	$17.47M	USD	Point-in-time
Beginning balance	`CommonStockValueOutstanding`	$20.60M	USD	Point-in-time
Shares repurchased and cancelled, value	`SharesRepurchasedAndCancelledValue`	$-3.08M	USD	Annual
Shares repurchased and cancelled, value	`SharesRepurchasedAndCancelledValue`	$-7.19K	USD	Annual
Net income	`ProfitLoss`	$3.06M	USD	Annual
Net income	`ProfitLoss`	$3.13M	USD	Annual
Ending balance	`CommonStockValueOutstanding`	$17.49M	USD	Point-in-time
Ending balance	`CommonStockValueOutstanding`	$17.47M	USD	Point-in-time
Ending balance	`CommonStockValueOutstanding`	$20.60M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.