| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | 31-Dec-06 | | Net Income | 770,839 | 3,926,729 | 3,073,714 | | | Operating Activities, Cash Flows Provided By or Used In | | Depreciation | 2,675,023 | 3,261,061 | 2,684,995 | | Adjustments To Net Income | 1,090,794 | (1,571,915) | 528,590 | | Changes In Accounts Receivables | 40,097 |
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| (73,797) | | Changes In Liabilities | 190,664 |
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| (228,255) | | Changes In Inventories | (32,732) |
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| | Changes In Other Operating Activities | 169,388 | 102,959 | 1,880,955 | | | Total Cash Flow From Operating Activities | 4,904,890 | 5,927,811 | 6,415,156 | | | Investing Activities, Cash Flows Provided By or Used In | | Capital Expenditures | (2,445,080) | (3,212,129) | (2,688,427) | | Investments | (5,728) | 168,201 | (207,660) | | Other Cashflows from Investing Activities | (845,304) | 3,223,343 | (279,741) | | | Total Cash Flows From Investing Activities | (3,296,112) | 179,414 | (3,175,828) | | | Financing Activities, Cash Flows Provided By or Used In | | Dividends Paid | (885,401) | (1,707,495) | (1,326,623) | | Sale Purchase of Stock | (33,550) | (75,436) | (1,290,582) | | Net Borrowings | (369,053) | (2,139,721) | (370,699) | | Other Cash Flows from Financing Activities | 10,638 | (67,280) | (134,722) | | | Total Cash Flows From Financing Activities | (1,277,366) | (3,989,932) | (3,122,626) | | Effect Of Exchange Rate Changes |
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| | | Change In Cash and Cash Equivalents | $331,412 | $2,117,294 | $116,702 |
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