NETSOL Technologies, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Document And Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Accounting Policies, by Policy (Policies)
Notes Tables
Notes Details

Note 13 - Debt (Detail) - Summary of minimum future lease payments under capital lease:

v2.4.0.6

Note 13 - Debt (Detail) - Summary of minimum future lease payments under capital lease: (USD $)	Jun. 30, 2012	Jun. 30, 2011
Minimum Lease Payments
Due FYE 6/30/12		$ 1,010,836
Due FYE 6/30/13	629,251	209,260
Due FYE 6/30/14	215,953	115,346
Due FYE 6/30/15	71,218
Total Minimum Lease Payments	916,422	1,335,442
Interest Expense relating to future periods	(83,621)	(102,857)
Present Value of minimum lease payments	832,801	1,232,585
Less: Current portion	(572,694)	(947,113)
Non-Current portion	$ 260,107	$ 285,472

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Amount equal to the present value (the principal) at the beginning of the lease term of minimum lease payments during the lease term (excluding that portion of the payments representing executory costs such as insurance, maintenance, and taxes to be paid by the lessor, together with any profit thereon) net of payments or other amounts applied to the principal, through the balance sheet date and due to be paid within one year (or one operating cycle, if longer) of the balance sheet date.

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Amount necessary to reduce net minimum lease payments to present value for capital leases.

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Carrying value as of the balance sheet date of debt not otherwise defined (with maturities initially due after one year or beyond the operating cycle if longer), excluding current portion.

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