|
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
December 31, 2016
|
|
| |
|
|
|
|
|
|
| NetSol PK |
|
|
33.53 |
% |
|
$ |
11,330,750 |
|
| NetSol-Innovation |
|
|
49.90 |
% |
|
|
2,343,344 |
|
| VLS, VLSH & VLSIL Combined |
|
|
49.00 |
% |
|
|
293,411 |
|
| NetSol Thai |
|
|
0.006 |
% |
|
|
(37 |
) |
| Total |
|
|
|
|
|
$ |
13,967,468 |
|
| 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 |
|
|