| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | 31-Dec-06 | | Net Income | 529,931 | 812,901 | 2,025,709 | | | Operating Activities, Cash Flows Provided By or Used In | | Depreciation | 353,288 | 579,217 | 528,957 | | Adjustments To Net Income | 178,092 | 1,028,610 | (1,565,321) | | Changes In Accounts Receivables | (57,916) | 153,792 | 97,955 | | Changes In Liabilities | 2,896 | 5,992 | (125,382) | | Changes In Inventories | (46,333) | (121,835) | (3,918) | | Changes In Other Operating Activities | (563,233) | (836,869) |
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| | | Total Cash Flow From Operating Activities | 679,065 | 1,621,808 | 1,214,642 | | | Investing Activities, Cash Flows Provided By or Used In | | Capital Expenditures | (723,950) | (816,896) | (752,294) | | Investments | (354,736) | 307,584 | (160,646) | | Other Cashflows from Investing Activities | (124,519) | (623,158) | 1,935,591 | | | Total Cash Flows From Investing Activities | (1,203,205) | (1,132,469) | 1,022,650 | | | Financing Activities, Cash Flows Provided By or Used In | | Dividends Paid | (427,131) | (623,158) | (540,712) | | Sale Purchase of Stock | 101,353 | 85,884 | 66,609 | | Net Borrowings | 280,893 | 565,236 | (1,900,327) | | Other Cash Flows from Financing Activities |
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| | | Total Cash Flows From Financing Activities | (44,885) | 27,962 | (2,374,429) | | Effect Of Exchange Rate Changes | 62,260 |
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| (39,182) | | | Change In Cash and Cash Equivalents | ($506,765) | $517,301 | ($176,319) |
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