| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | 31-Dec-06 | | Net Income | 6,332,372 | 10,043,705 | 6,973,825 | | | Operating Activities, Cash Flows Provided By or Used In | | Depreciation | 10,961,827 | 11,946,692 | 10,341,910 | | Adjustments To Net Income | 8,052,206 | 4,626,379 | 2,476,883 | | Changes In Accounts Receivables | (7,049) | 33,877 | 128,069 | | Changes In Liabilities | 177,622 | 767,381 | (109,585) | | Changes In Inventories | 53,569 | (368,225) | 1,320 | | Changes In Other Operating Activities | (4,426,458) | (4,716,226) |
-
| | | Total Cash Flow From Operating Activities | 21,144,090 | 21,569,148 | 18,303,319 | | | Investing Activities, Cash Flows Provided By or Used In | | Capital Expenditures | (10,172,395) | (10,404,566) | (9,293,592) | | Investments | (1,483,004) | (97,211) | 2,660,405 | | Other Cashflows from Investing Activities | 328,460 | 366,752 | 439,660 | | | Total Cash Flows From Investing Activities | (11,326,940) | (10,135,025) | (6,193,527) | | | Financing Activities, Cash Flows Provided By or Used In | | Dividends Paid | (7,863,307) | (5,588,183) | (4,218,359) | | Sale Purchase of Stock | (174,803) | (35,350) | (66,015) | | Net Borrowings | (2,279,485) | (3,683,723) | (5,765,750) | | Other Cash Flows from Financing Activities | 1,779,041 | (1,966,322) | (2,190,378) | | | Total Cash Flows From Financing Activities | (8,538,553) | (11,273,577) | (12,240,501) | | Effect Of Exchange Rate Changes | (186,080) | (79,537) | (36,968) | | | Change In Cash and Cash Equivalents | $1,092,518 | $81,010 | ($167,678) |
|
0.15% Nasdaq 
Cash Flow
