| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | 31-Dec-06 | | Net Income | 21,666,000 | 21,169,000 | 21,116,000 | | | Operating Activities, Cash Flows Provided By or Used In | | Depreciation | 10,985,000 | 10,579,000 | 9,128,000 | | Adjustments To Net Income | (12,521,000) | (11,579,000) | (16,478,000) | | Changes In Accounts Receivables |
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| | Changes In Liabilities | (6,101,000) | (3,857,000) | (4,211,000) | | Changes In Inventories | 9,010,000 | (7,255,000) | 995,000 | | Changes In Other Operating Activities | 2,439,000 | 5,210,000 | 3,596,000 | | | Total Cash Flow From Operating Activities | 38,095,000 | 24,709,000 | 28,172,000 | | | Investing Activities, Cash Flows Provided By or Used In | | Capital Expenditures | (22,658,000) | (17,830,000) | (15,125,000) | | Investments | 647,000 | (423,000) | 189,000 | | Other Cashflows from Investing Activities | (756,000) | 3,416,000 | 5,418,000 | | | Total Cash Flows From Investing Activities | (22,767,000) | (14,837,000) | (9,518,000) | | | Financing Activities, Cash Flows Provided By or Used In | | Dividends Paid | (10,767,000) | (8,333,000) | (7,969,000) | | Sale Purchase of Stock | (2,567,000) | (7,113,000) | (15,151,000) | | Net Borrowings | 2,825,000 | 6,411,000 | 4,049,000 | | Other Cash Flows from Financing Activities |
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| | | Total Cash Flows From Financing Activities | (10,509,000) | (9,035,000) | (19,071,000) | | Effect Of Exchange Rate Changes | (184,000) | 135,000 | 47,000 | | | Change In Cash and Cash Equivalents | $4,635,000 | $972,000 | ($370,000) |
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