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Statement of Cash Flows, Supplemental Disclosures
3 Months Ended
May 31, 2012
Statement of Cash Flows, Supplemental Disclosures  
Cash Flow, Supplemental Disclosures [Text Block]

15.          SUPPLEMENTAL DISCLOSURE WITH RESPECT TO CASH FLOWS

 

Certain cash payments for the three months and nine months ended May 31 are summarized as follows:

 

 

Three Month Periods

Ended May 31

 

Nine Month Periods

Ended May 31

 

 

 

 

 

 

 

 

 

2012

 

2011

 

2012

 

2011

 

 

 

 

 

 

 

 

Cash paid during the periods for:

 

 

 

 

 

 

 

  Interest

$         743

 

$               -

 

$         743

 

$              -

  Income taxes

$  633,435

 

$   300,400

 

$  633,435

 

$  859,379

 

There were no non-cash investing or financing activities during the periods presented.