XML 53 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended 12 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Jun. 30, 2013
Cash Flow from Operating Activities      
Net loss $ (30) $ (1,221) $ (1,102)
Depreciation and amortization 1,798 1,879  
Bad debt expenses, net 362 47  
Inventory provision (63) (26)  
Warranty expense, net    (2)  
Accrued interest expense, net of interest income 123 231  
Loss / (gain) on sale of property – continued operations 56 (3)  
Stock option expenses 208 40  
Deferred tax provision (31) (158)  
Changes in operating assets and liabilities      
Accounts receivables 517 4,886  
Other receivables 1,360 767  
Other assets (1,225) 294  
Inventories 707 658  
Prepaid expenses and other current assets 64 (73)  
Accounts payable and accrued liabilities (467) (3,194)  
Income tax payable (251) 7  
Other non-current liabilities 26 (28)  
Net Cash Provided by Operating Activities 3,154 4,104  
Cash Flow from Investing Activities      
Proceeds from maturing of unrestricted and restricted term deposits, net    136  
Additions to property, plant and equipment (2,297) (1,367)  
Proceeds from disposal of plant, property and equipment 31 3  
Net Cash Used in Investing Activities (2,266) (1,228)  
Cash Flow from Financing Activities      
Repayment on lines of credit (1,018) (1,392)  
Repayment of bank loans and capital leases (795) (884)  
Proceeds from long-term bank loans 525 123  
Proceeds from exercising stock options 351     
Dividend paid to non-controlling interest (82)     
Net cash Used in financing activities (1,019) (2,153)  
Effect of Changes in Exchange Rate (113) 52  
NET INCREASE (DECREASE) / INCREASE IN CASH (244) 775  
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 2,793 1,572 1,572
CASH AND CASH EQUIVALENTS, END OF PERIOD 2,549 2,347 2,793
Cash paid during the period for Interest 196 216  
Cash paid during the period for Income taxes 16 59  
Non-Cash Transactions      
Capital lease of property, plant and equipment $ 67 $ 123