| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | 31-Dec-06 | | Net Income | 1,739,986 | 766,529 | 638,279 | | | Operating Activities, Cash Flows Provided By or Used In | | Depreciation | 876,832 | 561,403 | 417,450 | | Adjustments To Net Income | 254,882 | 197,593 | 142,753 | | Changes In Accounts Receivables | 386,605 | (445,677) | (128,004) | | Changes In Liabilities | (284,359) | 707,378 | 52,188 | | Changes In Inventories | 22,474 | (107,945) | (96,122) | | Changes In Other Operating Activities | 43,492 | 61,139 | (63,842) | | | Total Cash Flow From Operating Activities | 3,039,912 | 1,740,420 | 962,702 | | | Investing Activities, Cash Flows Provided By or Used In | | Capital Expenditures | (2,243,564) | (1,949,219) | (1,191,670) | | Investments | (420,340) |
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| | Other Cashflows from Investing Activities | 340,705 | (337,294) | 13,004 | | | Total Cash Flows From Investing Activities | (2,323,199) | (2,286,513) | (1,178,666) | | | Financing Activities, Cash Flows Provided By or Used In | | Dividends Paid | (166,501) | (127,353) | (98,162) | | Sale Purchase of Stock | 29,687 | 41,624 | 36,620 | | Net Borrowings | (492,847) | 680,466 | 232,977 | | Other Cash Flows from Financing Activities | 20,288 | 30,045 |
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| | | Total Cash Flows From Financing Activities | (609,373) | 624,782 | 171,435 | | Effect Of Exchange Rate Changes | (114,937) | 51,628 | 2,586 | | | Change In Cash and Cash Equivalents | ($7,597) | $130,317 | ($41,943) |
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1.23% Nasdaq 
Cash Flow
