| Years ending | 1 | 2007 | 2007 | 2007 | 2007 | 2008 | 2008 | 2008 | 2008 | 2009 | 2009 | 2009 | 2009 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | |||||
| Dec | 1 | 1 Qtr | 2 Qtr | 3 Qtr | 4 Qtr | 1 Qtr | 2 Qtr | 3 Qtr | 4 Qtr | 1 Qtr | 2 Qtr | 3 Qtr | 4 Qtr | Year | Year | Year | Year | Year | Year | Year | |||||
| CASHFLOW STATEMENTS | 1 | $000 | $000 | $000 | $000 | $000 | $000 | $000 | $000 | $000 | $000 | $000 | $000 | $000 | $000 | $000 | $000 | $000 | $000 | $000 | |||||
| 1 | |||||||||||||||||||||||||
| Operating activities | 1 | ||||||||||||||||||||||||
| Net income before taxes | (5) | 208 | 431 | 780 | 722 | 782 | 992 | 880 | 908 | 1,013 | 1,038 | 1,159 | (1,040) | (618) | 1,414 | 3,375 | 4,118 | 4,521 | 6,208 | ||||||
| Taxes paid | (113) | (506) | (113) | (506) | (824) | (904) | |||||||||||||||||||
| Profit (loss) fixed asset disposals | (45) | (150) | (100) | (50) | (45) | (150) | |||||||||||||||||||
| Non-cash items: | 1 | ||||||||||||||||||||||||
| Depreciation | 83 | 114 | 137 | 129 | 165 | 165 | 163 | 223 | 232 | 232 | 313 | 313 | 191 | 358 | 462 | 715 | 1,089 | 1,422 | 1,794 | ||||||
| Intangible asset amortization | 60 | 10 | |||||||||||||||||||||||
| Changes in operating assets & liabilities: | 1 | ||||||||||||||||||||||||
| Inventory | (200) | (192) | (205) | (223) | (249) | (154) | (157) | (189) | (190) | (216) | (198) | (208) | 165 | (620) | (819) | (749) | (811) | (705) | (621) | ||||||
| Accounts receivable | (304) | (335) | (376) | (430) | (288) | (233) | (238) | (287) | (288) | (327) | (300) | (316) | (285) | (922) | (1,445) | (1,047) | (1,231) | (999) | (932) | ||||||
| Accounts payable | 177 | 127 | 137 | 148 | 185 | 126 | 128 | 147 | 162 | 163 | 152 | 159 | 189 | 515 | 589 | 586 | 636 | 617 | 409 | ||||||
| Prepaid & accrued expenses | (10) | (10) | (10) | ||||||||||||||||||||||
| Payroll taxes/benefits | 52 | 27 | 29 | 30 | 39 | 94 | 138 | ||||||||||||||||||
| Sales tax adjustment | (131) | 216 | (89) | 248 | 143 | 147 | 63 | (132) | 236 | 72 | (178) | 312 | 64 | 127 | 244 | 221 | 441 | 36 | 194 | ||||||
| Net cash provided by operations | 1 | (328) | 120 | 63 | 682 | 667 | 719 | 800 | 641 | 1,061 | 430 | 827 | 1,418 | (727) | (1,105) | 538 | 2,827 | 3,736 | 4,068 | 6,146 | |||||
| 1 | |||||||||||||||||||||||||
| Investing activities | 1 | ||||||||||||||||||||||||
| Purchases of fixed assets | (1,150) | (130) | (1,100) | (2,000) | (1,000) | (495) | (745) | (1,280) | (1,100) | (3,000) | (3,825) | (2,925) | |||||||||||||
| Purchases of intangible assets | |||||||||||||||||||||||||
| Disposals of fixed assets | 60 | 150 | 125 | 50 | 60 | 150 | |||||||||||||||||||
| Net cash provided by investing | 1 | (1,090) | (130) | (950) | (2,000) | (1,000) | (370) | (695) | (1,220) | (950) | (3,000) | (3,825) | (2,925) | ||||||||||||
| 1 | |||||||||||||||||||||||||
| Financing activities | 1 | ||||||||||||||||||||||||
| Issue of stock | 1,000 | 1,000 | 2,000 | 1,000 | |||||||||||||||||||||
| Dividends paid | (300) | (1,000) | (300) | (1,000) | (1,745) | (1,665) | |||||||||||||||||||
| New long-term loans & debt/notes | 675 | ||||||||||||||||||||||||
| Repayments of long-term loans & debt/notes | (70) | (70) | (70) | (125) | (70) | (70) | (70) | (70) | (70) | (70) | |||||||||||||||
| Lease repayments | (49) | (49) | (30) | (49) | (55) | (55) | (55) | (55) | (55) | (55) | (55) | (55) | (182) | (168) | (177) | (220) | (220) | (220) | (220) | ||||||
| Net cash provided by financing | 1 | (119) | 951 | (30) | (49) | (425) | (55) | (55) | (55) | (1,125) | (55) | (55) | (55) | 1,368 | 1,762 | 753 | (590) | (1,290) | (2,035) | (1,955) | |||||
| 1 | |||||||||||||||||||||||||
| Increase (decrease) in cash | 1 | (447) | (19) | (97) | 633 | 242 | 664 | (205) | 586 | (64) | (1,625) | 772 | 363 | 271 | (38) | 71 | 1,287 | (554) | (1,792) | 1,266 | |||||
| 1 | |||||||||||||||||||||||||
| Closing net cash balance (deficit) | 1 | (324) | (343) | (440) | 193 | 435 | 1,099 | 894 | 1,481 | 1,416 | (209) | 563 | 927 | 161 | 123 | 193 | 1,481 | 927 | (865) | 401 | |||||
| 1 | |||||||||||||||||||||||||