| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | 31-Dec-06 | | Net Income | 865,761 | 1,278,124 | 976,089 | | | Operating Activities, Cash Flows Provided By or Used In | | Depreciation | 1,404,203 | 1,650,511 | 1,396,386 | | Adjustments To Net Income | (19,639) | 274,830 | 258,803 | | Changes In Accounts Receivables | (177,571) | (32,213) | (82,034) | | Changes In Liabilities | 21,276 | 32,009 | 6,264 | | Changes In Inventories | (73,647) | (19,369) | (49,427) | | Changes In Other Operating Activities | 229,124 | 45,159 | (87,355) | | | Total Cash Flow From Operating Activities | 2,306,788 | 3,233,231 | 2,405,855 | | | Investing Activities, Cash Flows Provided By or Used In | | Capital Expenditures | (1,521,220) | (1,804,644) | (1,388,749) | | Investments |
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| | Other Cashflows from Investing Activities | (1,288,004) | (1,325) | (48,740) | | | Total Cash Flows From Investing Activities | (2,809,224) | (1,805,969) | (1,437,489) | | | Financing Activities, Cash Flows Provided By or Used In | | Dividends Paid | (358,415) | (535,287) | (355,854) | | Sale Purchase of Stock | (229,124) | (763,531) | (596,980) | | Net Borrowings | 1,076,883 | (95,518) | 232,717 | | Other Cash Flows from Financing Activities |
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| (917) | (265,496) | | | Total Cash Flows From Financing Activities | 489,343 | (1,395,253) | (985,614) | | Effect Of Exchange Rate Changes |
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| | | Change In Cash and Cash Equivalents | ($13,093) | $32,009 | ($17,248) |
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