Annual report pursuant to Section 13 and 15(d)

Non-Controlling Interest in Subsidiary (Tables)

v3.10.0.1
Non-Controlling Interest in Subsidiary (Tables)
12 Months Ended
Jun. 30, 2018
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, 2018 and 2017 was as follows:

 

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, VLSH & VLSIL Combined     49.00 %     573,742  
NetSol Thai     0.006 %     (15 )
Total           $ 14,146,417  

 

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, VLHS & VLSIL Combined     49.00 %     311,502  
NetSol Thai     0.006 %     (92 )
Total           $ 14,799,082