| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | 31-Dec-06 | | Net Income | 711,954 | 2,812,358 | 2,552,451 | | | Operating Activities, Cash Flows Provided By or Used In | | Depreciation | 7,850,258 | 2,347,791 | 1,816,359 | | Adjustments To Net Income | (1,185,192) | 1,034,931 | 699,223 | | Changes In Accounts Receivables | 599,438 | (261,962) | (153,616) | | Changes In Liabilities | (564,987) | (277,309) | (551,203) | | Changes In Inventories | (22,295) | 39,787 | 10,238 | | Changes In Other Operating Activities | (323,832) | (18,163) | (60,546) | | | Total Cash Flow From Operating Activities | 7,065,344 | 5,677,433 | 4,312,906 | | | Investing Activities, Cash Flows Provided By or Used In | | Capital Expenditures | (5,972,846) | (5,806,936) | (3,891,639) | | Investments |
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| | Other Cashflows from Investing Activities | 229,868 | (138,993) | (1,883,943) | | | Total Cash Flows From Investing Activities | (5,742,978) | (5,945,929) | (5,775,582) | | | Financing Activities, Cash Flows Provided By or Used In | | Dividends Paid | (239,358) | (204,753) | (154,143) | | Sale Purchase of Stock | 36,011 | 43,961 | (134,944) | | Net Borrowings | (102,890) | 388,861 | 1,627,636 | | Other Cash Flows from Financing Activities | 39,498 | 25,726 | 35,791 | | | Total Cash Flows From Financing Activities | (266,739) | 253,795 | 1,374,340 | | Effect Of Exchange Rate Changes |
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| | | Change In Cash and Cash Equivalents | $1,055,627 | ($14,701) | ($88,336) |
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