Segment Information

9 Months Ended

Mar. 31, 2012

Segment Information

Segment Information

Note (7) - Segment Information: The Company’s reportable segments are strategic businesses that offer different products and services. They are managed separately because each business requires different marketing strategies. The Company primarily evaluates the operating performance of its segments based on the categories noted in the table below. The Company has no sales between segments. Financial information for the Company’s business segments is as follows:

	For the nine months ended March 31,						For the three months ended March 31,
	2012			2011			2012			2011
	(Unaudited)						(Unaudited)
Revenues:
Commercial and industrial laundry, dry cleaning equipment and boilers	$	16,256,191		$	14,773,242		$	5,060,713		$	4,721,354
License and franchise operations		153,418			109,587			58,775			43,216
Total revenues	$	16,409,609		$	14,882,829		$	5,119,488		$	4,764,570
Operating income (loss):
Commercial and industrial laundry, dry cleaning equipment and boilers	$	747,806		$	645,516		$	173,527		$	184,568
License and franchise operations		34,098			87,252			11,327			32,865
Corporate		(271,395	)		(255,557	)		(70,621	)		(74,462	)
Total operating income	$	510,509		$	477,211		$	114,233		$	142,971

	March 31, 2012		June 30, 2011
	(Unaudited)		(Audited)
Identifiable assets:
Commercial and industrial laundry, dry cleaning equipment and boilers	$	11,758,688	$	10,293,717
License and franchise operations		160,086		522,012
Corporate		181,057		179,772
Total assets	$	12,099,831	$	10,995,501