Falsh Builder 4.5 Code

<?xml version="1.0" encoding="utf-8"?>
<s:WindowedApplication creationComplete="copyAndLoadImageInContainer()"  xmlns:fx="http://ns.adobe.com/mxml/2009"
                       xmlns:s="library://ns.adobe.com/flex/spark"
                       xmlns:mx="library://ns.adobe.com/flex/mx">
    <fx:Declarations>
        <!-- Place non-visual elements (e.g., services, value objects) here -->
    </fx:Declarations>
    <fx:Script>
        <![CDATA[
            import mx.controls.Text;
            private function copyAndLoadImageInContainer():void
            {
                var copyToFile:File = File.applicationStorageDirectory.resolvePath("demo-image.jpg");
                if(!copyToFile.exists)
                {
                    var copyFile:File = File.applicationDirectory.resolvePath("demo-image.jpg");
                    copyFile.copyTo(copyToFile);
                }

                var displayImageText:String = '<img alt="demo-image" src="app-storage:/demo-image.jpg" />';
                imageDisplayDemo.htmlText = displayImageText;
            }

        ]]>
    </fx:Script>

    <mx:HTML id="imageDisplayDemo" width="100%" height="100%" />

</s:WindowedApplication>