NETSOL Technologies, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Note 17 - Segment Information And Geographic Areas (Tables)

Note 17 - Segment Information And Geographic Areas (Tables)

12 Months Ended

Jun. 30, 2014

Schedule of Segment Reporting Information, by Segment [Table Text Block]

	As of June 30, 2014		As of June 30, 2013
Identifiable assets:
Corporate headquarters	$	5,150,823	$	5,011,474
North America		7,406,631		7,661,245
Europe		6,169,265		8,838,425
Asia - Pacific		76,176,555		81,192,971
Consolidated	$	94,903,274	$	102,704,115

	2014			2013
Revenues from unaffiliated customers:
North America	$	4,729,908		$	5,796,484
Europe		6,529,311			7,838,642
Asia - Pacific		20,154,790			32,479,754
Consolidated	$	31,414,009		$	46,114,880

Revenue from affiliated customers
Asia - Pacific	$	4,970,794		$	3,734,583
		4,970,794			3,734,583
Consolidated	$	36,384,803		$	49,849,463

Intercompany Revenue
Europe	$	490,888		$	197,761
Asia - Pacific		3,680,292			3,380,512
Eliminated	$	4,171,180		$	3,578,273

Net income (loss) after taxes and before non-controlling interest:
Corporate headquarters	$	(5,012,922	)	$	(3,695,617	)
North America		1,357,522			2,452,427
Europe		(1,583,512	)		1,050,276
Asia - Pacific		(8,857,562	)		14,066,719
Discontinued operation		1,158,752			(1,785,750	)
Consolidated	$	(12,937,722	)	$	12,088,055

Depreciation and amortization:
Corporate headquarters	$	47,932		$	136,541
North America		100,875			164,831
Europe		854,163			860,485
Asia - Pacific		7,727,766			4,059,647
Consolidated	$	8,730,736		$	5,221,504

Interest expense:
Corporate headquarters	$	34,461		$	358,308
North America		6,916			42,235
Europe		164,569			184,447
Asia - Pacific		49,731			78,977
Consolidated	$	255,677		$	663,967

Income tax expense:
Europe	$	7,298		$	7,606
Asia - Pacific		330,984			457,820
Consolidated	$	338,282		$	465,426

	2014		2013
Capital expenditures:
Corporate headquarters	$	4,531	$	7,992
North America		16,387		51,741
Europe		523,189		491,226
Asia - Pacific		12,692,029		8,407,917
Consolidated	$	13,236,136	$	8,958,876

Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block]

	June 30, 2014				June 30, 2013
	Revenue		Long-lived Assets		Revenue		Long-lived Assets

China	$	9,924,993	$	10,420	$	10,156,476	$	138,597
Thailand		3,833,442		612,189		7,104,115		520,652
USA		6,205,706		9,621,308		5,013,889		10,552,454
UK		8,745,813		1,217,371		6,882,417		1,492,607
Pakistan & India		1,278,860		56,550,911		2,731,951		47,379,603
Australia & New Zealand		1,960,661		28,515		6,030,646		440
Mexico		1,133,492		-		2,624,450		-
Other Countries		3,301,836		-		9,305,519		-
Total	$	36,384,803	$	68,040,714	$	49,849,463	$	60,084,353

Revenue from External Customers by Geographic Areas [Table Text Block]

	Revenues 2014
	Total		China		Thailand		USA		UK		Pakistan & India		Australia & New Zealand		Mexico		Other Countries

Corporate headquarters	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

North America:
NTA		4,729,908		-		-		3,596,417		-		-		-		1,133,492		-
		4,729,908		-		-		4,729,908		-		-		-		-		-

Europe:
NTE		4,471,175		-		-		-		4,471,175		-		-		-		-
VLS		2,058,136		-		-		-		2,058,136		-		-		-		-
		6,529,311		-		-		-		6,529,311		-		-		-		-
Asia-Pacific:
NetSol PK		14,628,317		7,008,245		2,938,706		31,569		-		203,089		1,144,872		-		3,301,836
Netsol-Innovation		4,970,794		-		-		2,577,721		2,216,502		-		176,571		-		-
Connect		863,620		-		-		-		-		863,620		-		-		-
Abraxas		639,218		-		-		-		-		-		639,218		-		-
NTPK Thailand		1,106,887		-		894,736		-		-		212,151		-		-		-
NetSol Beijing		2,916,748		2,916,748		-		-		-		-		-		-		-
		25,125,584		9,924,993		3,833,442		2,609,290		2,216,502		1,278,860		1,960,661		-		3,301,836

Total	$	36,384,803	$	9,924,993	$	3,833,442	$	6,205,706	$	8,745,813	$	1,278,860	$	1,960,661	$	1,133,492	$	3,301,836

	Revenues 2013
	Total		China		Thailand		USA		UK			Pakistan & India		Australia & New Zealand		Mexico		Other Countries

Corporate headquarters	$	-	$	-	$	-	$	-	$	-		$	-	$	-	$	-	$	-

North America:
NTA		5,796,484		-		-		3,172,034		-			-		-		2,624,450		-
North America:		5,796,484		-		-		3,172,034		-			-		-		2,624,450		-

Europe:
NTE		6,183,202		1,450,000		-		-		3,611,567			-		-		-		1,121,635
VLS		1,655,440		-		-		-		1,655,440			-		-		-		-
Europe:		7,838,642		1,450,000		-		-		5,267,007			-		-		-		1,121,635
Asia-Pacific:
NetSol PK		22,605,831		8,386,318		2,110,555		1,356		(5,230	)		1,119,530		4,397,880		-		6,595,422
Netsol-Innovation		3,734,583		-		-		1,840,499		1,620,640			-		273,444		-		-
Connect		760,795		-		-		-		-			760,795		-		-		-
Abraxas		1,359,322		-		-		-		-			-		1,359,322		-		-
NTPK Thailand		7,433,648		-		4,993,560		-		-			851,626		-		-		1,588,462
NetSol Beijing		320,158		320,158		-		-		-			-		-		-		-
Asia-Pacific:		36,214,337		8,706,476		7,104,115		1,841,855		1,615,410			2,731,951		6,030,646		-		8,183,884

Total	$	49,849,463	$	10,156,476	$	7,104,115	$	5,013,889	$	6,882,417		$	2,731,951	$	6,030,646	$	2,624,450	$	9,305,519

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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