|
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
September 30, 2016
|
|
| |
|
|
|
|
|
|
|
|
| NetSol PK |
|
|
33.51 |
% |
|
$ |
10,534,992 |
|
| NetSol-Innovation |
|
|
49.90 |
% |
|
|
2,981,320 |
|
| VLS, VLSH & VLSIL Combined |
|
|
49.00 |
% |
|
|
296,818 |
|
| NetSol Thai |
|
|
0.006 |
% |
|
|
(5 |
) |
| Total |
|
|
|
|
|
$ |
13,813,125 |
|
| 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, VLHS & VLSIL Combined |
|
|
49.00 |
% |
|
|
309,213 |
|
| NetSol Thai |
|
|
0.006 |
% |
|
|
(4 |
) |
| Total |
|
|
|
|
|
$ |
13,337,702 |
|
|