| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | 31-Dec-06 | | Net Income | 3,431,543 | 4,346,155 | 3,824,730 | | | Operating Activities, Cash Flows Provided By or Used In | | Depreciation | 3,788,841 | 3,041,077 | 2,203,270 | | Adjustments To Net Income | (229,615) | (222,820) | 77,591 | | Changes In Accounts Receivables | 927,083 | (95,426) | (344,140) | | Changes In Liabilities | (1,741,379) | 567,571 | 304,080 | | Changes In Inventories | 549,972 | (237,123) | (46,553) | | Changes In Other Operating Activities | 118,748 | 70,061 | (178,954) | | | Total Cash Flow From Operating Activities | 6,845,192 | 7,469,494 | 5,840,024 | | | Investing Activities, Cash Flows Provided By or Used In | | Capital Expenditures | (4,752,665) | (4,221,137) | (3,568,841) | | Investments | (426,906) | 405,680 | (106,109) | | Other Cashflows from Investing Activities | (64,957) | (33,660) | (195,812) | | | Total Cash Flows From Investing Activities | (5,244,528) | (3,849,117) | (3,870,762) | | | Financing Activities, Cash Flows Provided By or Used In | | Dividends Paid | (1,609,766) | (1,171,347) | (876,103) | | Sale Purchase of Stock | (1,110,733) | (4,007,768) | (3,881) | | Net Borrowings | (124,309) | (95,844) | (47,342) | | Other Cash Flows from Financing Activities | (236,164) | (104,050) | 24,436 | | | Total Cash Flows From Financing Activities | (3,080,972) | (5,379,009) | (902,891) | | Effect Of Exchange Rate Changes | (1,464,157) | (120,720) | 199,282 | | | Change In Cash and Cash Equivalents | ($2,944,464) | ($1,879,351) | $1,265,653 |
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