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LINES OF CREDIT | 9 Months Ended
--- | ---
Mar. 31, 2013
Notes to Financial Statements |
LINES OF CREDIT (IN THOUSANDS, EXCEPT EARNINGS PER SHARE AND NUMBER OF SHARES) | The Company’s credit rating provides it with readily and adequate access to funds in global markets. As of March 31, 2013, the Company had certain lines of credit that are collateralized by restricted deposits.
Entity with | Type of | Interest |  | Expiration |  |  | Credit |  |  | Unused |
Facility | Facility | Rate |  | Date |  |  | Limitation |  |  | Credit |
Trio-Tech International Pte. Ltd., Singapore | Line of Credit | With interest rates ranging from 1.77% to 6.04% |  |  | -- |  |  | $ | 8,512 |  |  | $ | 6,227 |
Carrying value of the Company’s lines of credit approximates its fair value because the interest rates associated with the lines of credit is adjustable in accordance with market situations when the Company borrowed funds with similar terms and remaining maturities.

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