17. BUSINESS COMBINATIONS (Tables)

12 Months Ended

Jun. 30, 2016

Business Combinations Tables

Value of net assets acquired

Cash	$	50,695
Accounts Receivable		259,662
Prepaid Expenses		11,246
Inventory		256,271
Property and Equipment		1,207,762
Intangible Assets		170,784
Goodwill		97,647
Total Assets	$	2,054,067
Accounts Payable	$	253,951
Employee Entitlements		46,688
Total Liabilities	$	300,639
Consideration Paid for Net Assets	$	1,753,428

Assets
Cash	80,391
Accounts Receivable	431,656
Inventory	238,148
Prepaid Expenses & Other Assets	20,001
Property, plant and equipment	20,455
Intangible Assets	875,087
Goodwill	121,609
Total Assets	1,787,348
Liabilities
Accounts Payable	187,925
Income Tax Payable	55,953
Customer Deposits	2,640
Total Liabilities	246,518
Consideration paid for net assets	1,540,830