INVENTORIES

9 Months Ended

Mar. 31, 2012

Notes to Financial Statements

Note 3- INVENTORIES

Inventories consisted of the following:

		Mar. 31,
		2012			June 30,
		(Unaudited)			2011
Raw materials	$		1,448		$	1,303
Work in progress			2,275			1,392
Finished goods			235			213
Less: provision for obsolete inventory			(894	)		(937	)
Currency translation effect			(64	)		459
	$		3,000		$	2,430

 The following table represents the changes in provision for obsolete inventory:

	Mar. 31,
	2012			June 30,
	(Unaudited)			2011
Beginning	$	937		$	907
Additions charged to expenses		31			52
Usage - disposition		(59	)		(110	)
Currency translation effect		(15	)		88
Ending	$	894		$	937