| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | 31-Dec-06 | | Net Income | 2,436,919 | 1,089,918 | 1,299,885 | | | Operating Activities, Cash Flows Provided By or Used In | | Depreciation | 1,326,875 | 1,065,545 | 817,089 | | Adjustments To Net Income | 619,450 | 771,970 | 506,611 | | Changes In Accounts Receivables | 95,165 | (85,024) | 9,905 | | Changes In Liabilities | 105,335 | 233,330 | 106,922 | | Changes In Inventories | (92,049) | 9,638 | (50,370) | | Changes In Other Operating Activities | 141,554 | (192,012) | (111,489) | | | Total Cash Flow From Operating Activities | 4,633,249 | 2,893,365 | 2,578,553 | | | Investing Activities, Cash Flows Provided By or Used In | | Capital Expenditures | (5,195,471) | (3,679,062) | (2,819,230) | | Investments |
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| | Other Cashflows from Investing Activities | 228,953 | 223,288 | 108,857 | | | Total Cash Flows From Investing Activities | (4,966,518) | (3,455,774) | (2,710,373) | | | Financing Activities, Cash Flows Provided By or Used In | | Dividends Paid | (115,204) | (84,020) | (60,443) | | Sale Purchase of Stock | 49,343 | 4,123 | (14,166) | | Net Borrowings | 704,415 | 446,352 | (251,625) | | Other Cash Flows from Financing Activities | 6,551 | 27,268 | 27,352 | | | Total Cash Flows From Financing Activities | 645,105 | 393,723 | (298,882) | | Effect Of Exchange Rate Changes | (34,756) | 4,662 | 5,146 | | | Change In Cash and Cash Equivalents | $277,080 | ($164,024) | ($425,556) |
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