Annual report pursuant to Section 13 and 15(d)

Non-controlling Interest in Subsidiary (Tables)

v3.7.0.1
Non-controlling Interest in Subsidiary (Tables)
12 Months Ended
Jun. 30, 2017
Noncontrolling Interest [Abstract]  
Balance of Non-controlling Interest

The balance of non-controlling interest as of June 30, 2017 and 2016 was as follows:

 

SUBSIDIARY   Non-Controlling Interest %     Non-Controlling
Interest at
June 30, 2017
 
             
NetSol PK     33.80 %   $ 12,887,938  
NetSol-Innovation     49.90 %     1,599,734  
VLS, VLSH & VLSIL Combined     49.00 %     311,502  
NetSol Thai     0.006 %     (92 )
Total           $ 14,799,082  

 

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