| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | 31-Dec-06 | | Net Income | 1,779,041 | 2,118,030 | 2,078,017 | | | Operating Activities, Cash Flows Provided By or Used In | | Depreciation | 1,157,364 | 1,135,606 | 1,345,902 | | Adjustments To Net Income | 273,482 | (860,174) | (1,164,685) | | Changes In Accounts Receivables |
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| (344,659) |
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| | Changes In Liabilities | (976,922) | (94,266) |
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| | Changes In Inventories |
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| 54,497 |
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| | Changes In Other Operating Activities | (80,353) | (2,946) | (258,601) | | | Total Cash Flow From Operating Activities | 2,668,562 | 3,461,315 | 3,383,953 | | | Investing Activities, Cash Flows Provided By or Used In | | Capital Expenditures | (1,464,678) | (1,514,141) | (1,630,559) | | Investments |
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| 229,772 |
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| | Other Cashflows from Investing Activities | (1,060,094) | (2,810,293) | (3,431,168) | | | Total Cash Flows From Investing Activities | (2,524,773) | (4,094,662) | (5,061,727) | | | Financing Activities, Cash Flows Provided By or Used In | | Dividends Paid |
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| (375,590) | (411,019) | | Sale Purchase of Stock |
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| 7,365 | 146,149 | | Net Borrowings |
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| 911,725 | 1,918,155 | | Other Cash Flows from Financing Activities | (417,271) |
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|
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| | | Total Cash Flows From Financing Activities | (417,271) | 543,500 | 1,653,284 | | Effect Of Exchange Rate Changes | (18,326) | (51,552) |
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| | | Change In Cash and Cash Equivalents | ($291,808) | ($141,398) | ($24,489) |
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