| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | 31-Dec-06 | | Net Income | 50,394 | 39,268 | 31,574 | | | Operating Activities, Cash Flows Provided By or Used In | | Depreciation | 10,074 | 7,897 | 5,671 | | Adjustments To Net Income | 7,294 | 4,800 | 5,752 | | Changes In Accounts Receivables | (49,453) | (54,184) | (81,853) | | Changes In Liabilities | 58,310 | 61,603 | 94,946 | | Changes In Inventories | 2,048 |
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| | Changes In Other Operating Activities | (89) | (4,761) | (3,654) | | | Total Cash Flow From Operating Activities | 78,578 | 54,623 | 52,436 | | | Investing Activities, Cash Flows Provided By or Used In | | Capital Expenditures | (8,717) | (3,711) | (6,784) | | Investments | 30,875 | (400) | (14,475) | | Other Cashflows from Investing Activities | (142,417) | (34,333) | (15,279) | | | Total Cash Flows From Investing Activities | (120,259) | (38,444) | (36,538) | | | Financing Activities, Cash Flows Provided By or Used In | | Dividends Paid |
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| | Sale Purchase of Stock | 3,190 | 6,143 | 7,818 | | Net Borrowings |
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| (12,657) | | Other Cash Flows from Financing Activities | 12,497 | 9,150 | 10,542 | | | Total Cash Flows From Financing Activities | 15,687 | 15,293 | 5,703 | | Effect Of Exchange Rate Changes |
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| | | Change In Cash and Cash Equivalents | ($25,994) | $31,472 | $21,601 |
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