| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | 31-Dec-06 | | Net Income | 346,720 | 462,030 | 328,388 | | | Operating Activities, Cash Flows Provided By or Used In | | Depreciation | 56,917 | 46,466 | 37,557 | | Adjustments To Net Income | 616,782 | 281,724 | 179,273 | | Changes In Accounts Receivables |
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| | Changes In Liabilities | (314,213) |
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| 47,958 | | Changes In Inventories |
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| | Changes In Other Operating Activities |
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| (38,622) | 233,803 | | | Total Cash Flow From Operating Activities | 795,370 | 774,144 | 869,562 | | | Investing Activities, Cash Flows Provided By or Used In | | Capital Expenditures | (26,098) | (51,606) | (42,068) | | Investments | (2,729,389) | (2,845,622) | (2,020,891) | | Other Cashflows from Investing Activities | 76,304 | (1,141,576) | (500,308) | | | Total Cash Flows From Investing Activities | (2,679,182) | (4,038,804) | (2,563,267) | | | Financing Activities, Cash Flows Provided By or Used In | | Dividends Paid | (423,141) | (322,822) | (284,487) | | Sale Purchase of Stock | 27,792 | 168,698 |
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| | Net Borrowings | 1,294,126 | 613,068 | 394,210 | | Other Cash Flows from Financing Activities | 1,781,064 | 1,863,486 | 2,659,896 | | | Total Cash Flows From Financing Activities | 2,679,842 | 2,322,430 | 2,769,619 | | Effect Of Exchange Rate Changes | (143,851) | (129,618) | (38,667) | | | Change In Cash and Cash Equivalents | $652,178 | ($1,071,848) | $1,037,246 |
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