Quarterly report pursuant to Section 13 or 15(d)

Non-Controlling Interest in Subsidiary (Tables)

v3.4.0.3
Non-Controlling Interest in Subsidiary (Tables)
 9 Months Ended
Mar. 31, 2016
Noncontrolling Interest [Abstract]  
Balance of Non-Controlling Interest

The Company had non-controlling interests in several of its subsidiaries. The balance of non-controlling interest was as follows:

 

SUBSIDIARY   Non Controlling Interest %     Non-Controlling
Interest at
March 31, 2016 		 
             
NetSol PK     33.40 %   $ 10,333,383  
NetSol-Innovation     49.90 %     3,347,352  
VLS, VLSH & VLSIL Combined     49.00 %     320,723  
Total           $ 14,001,458  

 

SUBSIDIARY   Non Controlling Interest %     Non-Controlling
Interest at
June 30, 2015 		 
             
NetSol PK     34.90 %   $ 11,411,954  
NetSol-Innovation     49.90 %     2,035,548  
VLS, VLHS & VLSIL Combined     49.00 %     393,139  
Total           $ 13,840,641