Annual report pursuant to Section 13 and 15(d)

Non-Controlling Interest in Subsidiary (Tables)

v3.19.2
Non-Controlling Interest in Subsidiary (Tables)
12 Months Ended
Jun. 30, 2019
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
June 30, 2019
 
             
NetSol PK     33.80%     $ 6,993,491  
NetSol-Innovation     49.90%       1,421,528  
VLS, VLSH & VLSIL Combined     0.00%       -  
NetSol Thai     0.006%       (32 )
Total           $ 8,414,987  
                 

 

SUBSIDIARY   Non-Controlling Interest %     Non-Controlling Interest at June 30, 2018  
             
NetSol PK     33.79%     $ 11,873,029  
NetSol-Innovation     49.90%       1,699,661  
VLS, VLHS & VLSIL Combined     49.00%       573,742  
NetSol Thai     0.006%       (15 )
Total           $ 14,146,417