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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (IN THOUSANDS) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Jun. 30, 2016
Cash Flow from Operating Activities          
Net income $ 362 $ 215 $ 709 $ 592 $ 1,061
Adjustments to reconcile net income to net cash flow provided by operating activities          
Depreciation and amortization     916 937  
Stock option expenses     1 55  
Inventory recovery     (4) (45)  
Bad debt recovery, net     (16) (6)  
Accrued interest expense, net accrued interest income     95 98  
Loss/ (Gain) on sale of of property, plant and equipment     8 (4)  
Impairment loss     0 2  
Warranty recovery, net     (9) (14)  
Deferred tax provision     51 (14)  
Changes in operating assets and liabilities          
Trade accounts receivable     1,265 261  
Other receivables     280 63  
Other assets     (226) 0  
Inventories     (275) (559)  
Prepaid expenses and other current assets     (99) (36)  
Accounts payable and accrued liabilities     1,001 71  
Income tax payable     (26) (52)  
Net Cash Provided by Operating Activities     3,671 1,349  
Cash Flow from Investing Activities          
Proceeds from maturing of restricted and un-restricted term deposits     0 63  
Investments in restricted & un-restricted deposits     (421) 0  
Additions to property, plant and equipment (403) (60) (764) (314)  
Proceeds from disposal of plant, property, and equipment     83 55  
Net Cash used in Investing Activities     (1,102) (196)  
Cash Flow from Financing Activities          
Repayments on lines of credit     (4,503) (4,388)  
Repayment of bank loans and capital leases     (371) (339)  
Proceeds from bank loans and capital leases     3,516 4,428  
Dividends paid to non-controlling interest     (117) 0  
Net Cash Used in by Financing Activities     (1,475) (299)  
Effect of Changes in Exchange Rate     (565) (195)  
NET INCREASE IN CASH     529 659  
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD     3,807 3,711 3,711
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 4,336 $ 4,370 4,336 4,370 $ 3,807
Supplementary Information of Cash Flows          
Cash paid during the period for Interest     91 105  
Cash paid during the period for Income taxes     83 157  
Non-Cash Transactions          
Capital lease of property, plant and equipment     $ 49 $ 192