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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash Flow from Operating Activities    
Net income $ 1,061 $ 824
Adjustments to reconcile net income to net cash flow provided by operating activities    
Depreciation and amortization 1,838 2,240
Bad debt expenses, net (27) (28)
Inventory recovery (64) (36)
Warranty (recovery) / expense, net (25) 49
Accrued interest expense, net accrued interest income 193 73
Impairment loss 0 70
Contribution to capital - payable forgiveness 0 9
Gain on sale of property, plant & equipment (16) (99)
Stock compensation 101 106
Deferred tax (benefit) / provision (72) 89
Changes in operating assets and liabilities    
Accounts receivables (924) 875
Other receivables (207) (74)
Other assets (342) 158
Inventories (255) (47)
Prepaid expenses and other current assets (20) (50)
Accounts payable and accrued liabilities (165) (151)
Income tax payable (66) 83
Other non-current liabilities 4 (1)
Net Cash Provided by Operating Activities 1,014 4,090
Cash Flow from Investing Activities    
Proceeds from maturing of unrestricted and restricted term deposits, net 63 1,165
Additions to property, plant and equipment (1,657) (2,694)
Investments in restricted and un-restricted deposits (201) (1)
Proceeds from disposal of property and equipment 215 438
Net Cash used in Investing Activities (1,580) (1,092)
Cash Flow from Financing Activities    
Repayment on lines of credit (8,014) (14,828)
Dividends paid on non-controlling interest (181) (6)
Repayment of bank loans and capital leases (703) (721)
Proceeds from long-term bank loans 9,133 13,868
Net Cash Generated from / (Used in) Financing Activities 235 (1,687)
Effect of Changes in Exchange Rate 427 (538)
NET INCREASE IN CASH AND CASH EQUIVALENTS 96 773
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 3,711 2,938
CASH AND CASH EQUIVALENTS, END OF YEAR 3,807 3,711
Supplementary Information of Cash Flows    
Cash paid during the period for Interest 204 247
Cash paid during the period for Income taxes 241 31
Non-Cash Transactions    
Capital lease of property, plant and equipment $ 279 $ 566