| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | 31-Dec-06 | | Net Income | (1,079,830) | 14,004,333 | 9,013,688 | | | Operating Activities, Cash Flows Provided By or Used In | | Depreciation | 2,103,272 | 2,035,548 | 1,713,749 | | Adjustments To Net Income | 33,980,819 | 29,512,497 | 13,147,547 | | Changes In Accounts Receivables | 10,096,271 |
-
| 4,115,375 | | Changes In Liabilities | 50,852,108 | 105,446,384 | 116,525,717 | | Changes In Inventories |
-
|
-
|
-
| | Changes In Other Operating Activities | (76,859,663) | (123,215,450) | (135,753,246) | | | Total Cash Flow From Operating Activities | 18,076,583 | 17,244,713 | 12,872,925 | | | Investing Activities, Cash Flows Provided By or Used In | | Capital Expenditures | (998,068) | (846,918) | (749,930) | | Investments | (3,916,147) | (22,056,678) | (34,795,186) | | Other Cashflows from Investing Activities | (9,187,015) | 2,381,679 | (5,806,679) | | | Total Cash Flows From Investing Activities | (14,101,229) | (20,521,916) | (41,351,796) | | | Financing Activities, Cash Flows Provided By or Used In | | Dividends Paid | (4,520,908) | (4,476,143) | (3,585,935) | | Sale Purchase of Stock | (2,379,574) | (3,244,799) | (1,378,393) | | Net Borrowings | 71,360,424 | (11,177,838) | 27,416,030 | | Other Cash Flows from Financing Activities |
-
|
-
| (237,654) | | | Total Cash Flows From Financing Activities | 64,459,942 | (18,898,780) | 22,214,048 | | Effect Of Exchange Rate Changes | (654,101) |
-
| (508,316) | | | Change In Cash and Cash Equivalents | $67,781,195 | ($22,175,982) | ($6,773,139) |
|
1.52% Nasdaq 0.00%
Cash Flow
