NETSOL Technologies, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 12 - Debts (Tables)

Note 12 - Debts (Tables)

3 Months Ended

Sep. 30, 2012

Name	As of September 30 2012		Current Maturities		Long-Term Maturities

D&O Insurance	$	45,280	$	45,280	$	-
Habib Bank Line of Credit		1,629,382		1,629,382		-
Bank Overdraft Facility		389,560		389,560		-
HSBC Loan		1,340,630		357,404		983,226
Term Finance Facility		915,655		392,424		523,231
Subsidiary Capital Leases		920,150		616,569		303,581
	$	5,240,657	$	3,430,619	$	1,810,038


Name		As of June 30 2012	Current Maturities		Long-Term Maturities

D&O Insurance	$	89,996	$	89,996	$	-
Habib Bank Line of Credit		51,231		51,231		-
Bank Overdraft Facility		308,013		308,013		-
HSBC Loan		1,367,644		345,203		1,022,441
Term Finance Facility		1,058,201		529,101		529,100
Subsidiary Capital Leases		832,801		572,694		260,107
	$	3,707,886	$	1,896,238	$	1,811,648

Schedule of Future Minimum Lease Payments for Capital Leases [Table Text Block]

	As of September 30 2012			As of June 30 2012
Minimum Lease Payments
Due FYE 9/30/12	$	-		$	629,251
Due FYE 9/30/13		682,882			215,953
Due FYE 9/30/14		236,056			71,218
Due FYE 9/30/15		99,123			-
Total Minimum Lease Payments		1,018,061			916,422
Interest Expense relating to future periods		(97,911	)		(83,621	)
Present Value of minimum lease payments		920,150			832,801
Less: Current portion		(616,569	)		(572,694	)
Non-Current portion	$	303,581		$	260,107

Property, Plant and Equipment [Table Text Block]

	As of September 30 2012			As of June 30 2012
Computer Equipment and Software	$	749,891		$	702,637
Furniture and Fixtures		403,428			403,439
Vehicles		609,989			468,853
Building Equipment		302,216			302,216

Total		2,065,524			1,877,145
Less: Accumulated Depreciation		(970,941	)		(900,790	)
Net	$	1,094,583		$	976,355

Subsidiary Bank Loan [Table Text Block]

TYPE OF LOAN	MATURITY DATE	INTEREST RATE			BALANCE USD

Export Refinance	Every 6 months		11.00	%	$	2,092,926

Total					$	2,092,926

TYPE OF LOAN	MATURITY DATE	INTEREST RATE			BALANCE USD

Export Refinance	Every 6 months		11.00	%	$	2,116,402

Total					$	2,116,402

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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