| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | 31-Dec-06 | | Net Income | 858,293 | 1,656,758 | 2,068,582 | | | Operating Activities, Cash Flows Provided By or Used In | | Depreciation | 2,244,690 | 2,255,051 | 1,924,385 | | Adjustments To Net Income | 311,741 | (302,184) | 341,838 | | Changes In Accounts Receivables | (296,487) | 395,220 | (115,127) | | Changes In Liabilities | (199,482) | (180,521) | 221,482 | | Changes In Inventories | (52,933) | (22,054) | (10,060) | | Changes In Other Operating Activities | (659,154) | (167,968) | 17,455 | | | Total Cash Flow From Operating Activities | 2,126,244 | 3,696,035 | 3,976,613 | | | Investing Activities, Cash Flows Provided By or Used In | | Capital Expenditures | (1,789,544) | (1,997,563) | (1,647,956) | | Investments | (1,166,269) | (505,051) | (1,011,066) | | Other Cashflows from Investing Activities | (185,751) | (176,649) | (157,603) | | | Total Cash Flows From Investing Activities | (3,141,564) | (2,679,262) | (2,816,625) | | | Financing Activities, Cash Flows Provided By or Used In | | Dividends Paid | (546,003) | (639,440) | (729,097) | | Sale Purchase of Stock | 14,598 | (11,897) | (209,031) | | Net Borrowings | 1,231,766 | (262,510) | (94,047) | | Other Cash Flows from Financing Activities | 194,602 | 219,300 | (2,494) | | | Total Cash Flows From Financing Activities | 894,962 | (694,546) | (1,034,668) | | Effect Of Exchange Rate Changes | 27,344 | 56,772 | (16,081) | | | Change In Cash and Cash Equivalents | ($93,014) | $379,000 | $109,240 |
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