| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | 31-Dec-06 | | Net Income | 3,141,434 | 5,355,126 | 2,558,359 | | | Operating Activities, Cash Flows Provided By or Used In | | Depreciation | 1,797,368 | 1,903,359 | 1,397,893 | | Adjustments To Net Income | (1,018,978) | (3,168,518) | (2,041,072) | | Changes In Accounts Receivables | (1,375,606) | 3,924,625 |
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| | Changes In Liabilities | 8,224,736 | 6,081,482 | 1,605,961 | | Changes In Inventories |
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| | Changes In Other Operating Activities | 1,464,213 | 1,879,230 | 6,779,985 | | | Total Cash Flow From Operating Activities | 12,437,079 | 16,843,283 | 10,301,126 | | | Investing Activities, Cash Flows Provided By or Used In | | Capital Expenditures | (414,428) | (464,495) | (351,524) | | Investments | (11,938,006) | (17,924,454) | (16,779,842) | | Other Cashflows from Investing Activities | (10,601,862) | (601,321) | (949,706) | | | Total Cash Flows From Investing Activities | (22,954,296) | (18,990,269) | (18,081,072) | | | Financing Activities, Cash Flows Provided By or Used In | | Dividends Paid | (1,755,119) | (548,263) | (172,557) | | Sale Purchase of Stock |
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| 3,976 | 3,565,242 | | Net Borrowings | 1,656,243 | (658,628) | 7,288,042 | | Other Cash Flows from Financing Activities | 11,944,607 | 6,170 |
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| | | Total Cash Flows From Financing Activities | 11,845,732 | (1,196,746) | 10,680,727 | | Effect Of Exchange Rate Changes | (42,250) |
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| | | Change In Cash and Cash Equivalents | $1,286,266 | ($3,343,732) | $2,900,781 |
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0.02% Nasdaq 
0.29 (0.40%) 
Cash Flow
