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JEWETT-CAMERON TRADING COMPANY LTD. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS YEAR ENDED AUGUST 31 (USD $)
12 Months Ended
Aug. 31, 2013
Aug. 31, 2012
Income statement    
SALES $ 49,286,147 $ 45,945,530
COST OF SALES 39,455,054 37,306,129
GROSS PROFIT 9,831,093 8,639,401
OPERATING EXPENSES    
Selling, general and administrative 1,503,226 1,463,550
Depreciation and amortization 256,487 244,216
Wages and employee benefits 3,397,690 3,368,495
Total operating expenses 5,157,403 5,076,261
Income from operations 4,673,690 3,563,140
OTHER ITEMS    
Gain on sale of property, plant and equipment 353,852  
Interest and other income 37,383 13,225
Litigation income    [1] 1,443,629 [1]
Total other items 391,235 1,456,854
Income before income taxes 5,064,925 5,019,994
Income taxes    
Current 1,780,940 [2] 1,903,774 [2]
Deferred 151,966 [2] 56,289 [2]
Net income for the year $ 3,132,019 $ 3,059,931
Basic and diluted earnings per common share $ 1.00 $ 0.89
Weighted average number of common shares outstanding:Basic and diluted 3,135,509 3,444,212
[1] Note 13(a)
[2] Note 6