| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | 31-Dec-06 | | Net Income | 11,032,312 | 13,117,647 | 8,372,022 | | | Operating Activities, Cash Flows Provided By or Used In | | Depreciation |
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| | | Total Cash Flow From Operating Activities | 23,071,150 | 22,905,068 | 20,351,104 | | | Investing Activities, Cash Flows Provided By or Used In | | Capital Expenditures | (11,121,123) | (10,713,875) | (9,153,640) | | Investments | (117,005) | (243,029) | 265,380 | | Other Cashflows from Investing Activities | (1,591,551) | 4,193,346 | (28,148,796) | | | Total Cash Flows From Investing Activities | (12,829,680) | (6,763,557) | (37,037,056) | | | Financing Activities, Cash Flows Provided By or Used In | | Dividends Paid | (6,259,068) | (4,926,851) | (4,219,679) | | Sale Purchase of Stock | (3,159,138) | (3,169,681) | (3,097,424) | | Net Borrowings | (1,528,115) | (5,785,551) | 26,556,514 | | Other Cash Flows from Financing Activities |
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| | | Total Cash Flows From Financing Activities | (10,946,321) | (13,882,083) | 19,239,412 | | Effect Of Exchange Rate Changes | (405,994) | (384,427) | (454,183) | | | Change In Cash and Cash Equivalents | ($1,110,844) | $1,875,002 | $2,099,277 |
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