| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | 31-Dec-06 | | Net Income | 164,055 | 109,021 | 99,499 | | | Operating Activities, Cash Flows Provided By or Used In | | Depreciation | 739,747 | 662,410 | 448,685 | | Adjustments To Net Income | 1,076,810 | 699,004 | 530,061 | | Changes In Accounts Receivables | 1,334,058 | (1,176,585) | 152,837 | | Changes In Liabilities | (1,725,309) | 1,638,401 | 2,387 | | Changes In Inventories | 14,923 | (34,724) | (66,289) | | Changes In Other Operating Activities | (37,740) | 39,307 | (8,324) | | | Total Cash Flow From Operating Activities | 1,566,544 | 1,936,834 | 1,158,856 | | | Investing Activities, Cash Flows Provided By or Used In | | Capital Expenditures | (2,539,426) | (2,749,166) | (1,341,070) | | Investments |
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| 10,844 | | Other Cashflows from Investing Activities | (707,474) | (1,791,932) | (359,062) | | | Total Cash Flows From Investing Activities | (3,246,900) | (4,541,098) | (1,689,288) | | | Financing Activities, Cash Flows Provided By or Used In | | Dividends Paid | (1,395,273) | (1,262,740) | (834,580) | | Sale Purchase of Stock | 444,499 | 1,110,552 | 864,003 | | Net Borrowings | 2,713,095 | 2,725,565 | 481,812 | | Other Cash Flows from Financing Activities | (66,542) | 49,103 |
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| | | Total Cash Flows From Financing Activities | 1,695,779 | 2,622,480 | 511,235 | | Effect Of Exchange Rate Changes | (515) | 414 | (232) | | | Change In Cash and Cash Equivalents | $14,908 | $18,630 | ($19,429) |
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