| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | 31-Dec-06 | | Net Income | 42,587 | 36,338 | 28,833 | | | Operating Activities, Cash Flows Provided By or Used In | | Depreciation | 21,037 | 15,925 | 13,185 | | Adjustments To Net Income | 1,782 | (2,822) | (1,356) | | Changes In Accounts Receivables | (42,161) | (102,540) | (105,043) | | Changes In Liabilities | 30,617 | 77,950 | 123,621 | | Changes In Inventories | 6,950 | (4,531) | (10,759) | | Changes In Other Operating Activities |
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| | | Total Cash Flow From Operating Activities | 60,812 | 20,320 | 48,480 | | | Investing Activities, Cash Flows Provided By or Used In | | Capital Expenditures | (10,542) | (4,306) | (3,054) | | Investments | 18,960 | (24,705) | 5,808 | | Other Cashflows from Investing Activities | (224,808) | (48,143) | (63,467) | | | Total Cash Flows From Investing Activities | (216,389) | (77,154) | (60,713) | | | Financing Activities, Cash Flows Provided By or Used In | | Dividends Paid | (15,763) | (12,816) |
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| | Sale Purchase of Stock | 110,676 |
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| | Net Borrowings | 53,067 | 40,038 | (492) | | Other Cash Flows from Financing Activities |
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| 36,978 |
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| | | Total Cash Flows From Financing Activities | 147,979 | 64,199 | (492) | | Effect Of Exchange Rate Changes | (905) | (758) | (1,505) | | | Change In Cash and Cash Equivalents | ($8,503) | $6,607 | ($14,230) |
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