| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | 31-Dec-06 | | Net Income | 1,613,205 | 3,250,983 | 2,561,632 | | | Operating Activities, Cash Flows Provided By or Used In | | Depreciation | 1,313,298 | 1,915,543 | 2,636,335 | | Adjustments To Net Income | 1,228,543 | (221,047) | (239,140) | | Changes In Accounts Receivables | (111,039) |
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| | Changes In Liabilities | (1,306,868) |
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| | Changes In Inventories | 20,290 |
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| | Changes In Other Operating Activities | 38,589 | (1,002,950) | (100,667) | | | Total Cash Flow From Operating Activities | 3,364,849 | 3,942,528 | 4,858,159 | | | Investing Activities, Cash Flows Provided By or Used In | | Capital Expenditures | (931,445) | (1,235,104) | (2,159,404) | | Investments | 5,586 | (21,965) | (62,259) | | Other Cashflows from Investing Activities | (6,924) | (1,293,703) | (1,059,914) | | | Total Cash Flows From Investing Activities | (932,783) | (2,550,772) | (3,281,578) | | | Financing Activities, Cash Flows Provided By or Used In | | Dividends Paid | (557,775) |
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| | Sale Purchase of Stock | (1,313,605) | (2,261,008) | (3,036,692) | | Net Borrowings | (455,222) | 384,142 | 789,045 | | Other Cash Flows from Financing Activities |
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| | | Total Cash Flows From Financing Activities | (2,326,602) | (1,876,866) | (2,247,647) | | Effect Of Exchange Rate Changes |
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| (72,540) | (71,322) | | | Change In Cash and Cash Equivalents | $105,465 | ($557,649) | ($742,387) |
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