| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | 31-Dec-06 | | Net Income | 4,226,858 | 4,203,720 | 3,077,446 | | | Operating Activities, Cash Flows Provided By or Used In | | Depreciation | 1,499,887 | 967,658 | 571,939 | | Adjustments To Net Income | 1,798,880 | 285,487 | (111,158) | | Changes In Accounts Receivables | (334,464) | (837,247) | (624,012) | | Changes In Liabilities | 182,801 | 709,679 | 557,036 | | Changes In Inventories |
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| | Changes In Other Operating Activities | 478,895 | 446,113 | 109,257 | | | Total Cash Flow From Operating Activities | 7,852,857 | 5,775,410 | 3,580,508 | | | Investing Activities, Cash Flows Provided By or Used In | | Capital Expenditures | (2,358,461) | (2,402,840) | (1,902,798) | | Investments | 359,338 | (372,098) | (4,593,906) | | Other Cashflows from Investing Activities | (3,320,299) | (906,651) | (402,446) | | | Total Cash Flows From Investing Activities | (5,319,422) | (3,681,589) | (6,899,150) | | | Financing Activities, Cash Flows Provided By or Used In | | Dividends Paid |
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| | Sale Purchase of Stock | (71,521) | 23,861 | 2,384,666 | | Net Borrowings |
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| | Other Cash Flows from Financing Activities | 159,088 | 379,206 | 581,732 | | | Total Cash Flows From Financing Activities | 87,567 | 403,067 | 2,966,398 | | Effect Of Exchange Rate Changes | (45,923) | 40,034 | 19,741 | | | Change In Cash and Cash Equivalents | $2,575,079 | $2,536,922 | ($332,503) |
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