| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | 31-Dec-06 | | Net Income | 1,247,585 | 3,043,011 | 2,622,116 | | | Operating Activities, Cash Flows Provided By or Used In | | Depreciation | 214,274 | 253,339 | 269,341 | | Adjustments To Net Income | 2,445,830 | 153,182 | (1,297,855) | | Changes In Accounts Receivables | (16,669,703) |
-
| (29,269,731) | | Changes In Liabilities | 534,276 | 8,794,686 | 22,919,088 | | Changes In Inventories |
-
|
-
|
-
| | Changes In Other Operating Activities | 18,451,563 | (11,979,096) | 15,184,770 | | | Total Cash Flow From Operating Activities | 6,426,822 | 916,144 | 11,413,994 | | | Investing Activities, Cash Flows Provided By or Used In | | Capital Expenditures | (197,358) | (188,531) | (190,123) | | Investments | (7,054,139) | (4,906,230) | (2,916,543) | | Other Cashflows from Investing Activities | (414,452) | 42,714 | 588,854 | | | Total Cash Flows From Investing Activities | (7,665,949) | (5,052,047) | (2,517,812) | | | Financing Activities, Cash Flows Provided By or Used In | | Dividends Paid | (1,161,593) | (1,135,606) | (933,452) | | Sale Purchase of Stock | 14,097 | 72,172 | 1,394,237 | | Net Borrowings | 386,258 | (185,585) |
-
| | Other Cash Flows from Financing Activities |
-
|
-
| (258,779) | | | Total Cash Flows From Financing Activities | (761,238) | (1,249,019) | 202,006 | | Effect Of Exchange Rate Changes | (685,114) |
-
| (271,982) | | | Change In Cash and Cash Equivalents | ($2,685,479) | ($5,384,922) | $8,826,206 |
|
0.11% Nasdaq 0.00%
Cash Flow
