Annual report pursuant to Section 13 and 15(d)

Non-Controlling Interest in Subsidiary (Tables)

v3.5.0.2
Non-Controlling Interest in Subsidiary (Tables)
 12 Months Ended
Jun. 30, 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 as of June 30, 2016 and 2015 was as follows:

 

SUBSIDIARY   Non Controlling Interest %     Non-Controlling
Interest at
June 30, 2016 		 
             
NetSol PK     33.40 %   $ 10,292,495  
NetSol-Innovation     49.90 %     2,735,998  
VLS, VLSH & VLSIL Combined     49.00 %     309,213  
NetSol Thai     0.006 %     (4 )
Total           $ 13,337,702  

 

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