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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash Flow from Operating Activities    
Net income $ 1,448 $ 1,290
Adjustments to reconcile net income to net cash flow provided by operating activities    
Gain on disposal of properties (685) 0
Depreciation and amortization 2,450 2,214
Stock compensation expenses 56 43
Usage of provision for obsolete inventory (25) 4
Reversal of income tax provision (299) 0
Bad debt recovery 10 7
Accrued interest expense, net accrued interest income (9) 201 [1]
Gain on sale of property, plant and equipment - continued operations 1 15
Issuance of shares to service provider 0 51
Warranty recovery, net (43) 34
Gain on proceeds from insurance claim 0 (85) [1]
Fixed assets written off (33) 0
Deferred tax benefit 5 5
Changes in operating assets and liabilities    
Trade accounts receivables 630 995
Other receivables 64 (220)
Other assets 432 (377)
Inventories 539 (1,162)
Prepaid expenses and other current assets (79) 18
Accounts payable and accrued liabilities (68) 488
Income tax payable 60 880
Net Cash Provided by Operating Activities 4,454 4,401 [1]
Cash Flow from Investing Activities    
Proceeds from sale of properties 943 0
Proceeds from maturing of unrestricted and restricted term deposits, net 0 484
Proceeds from disposal of property and equipment 3 42
Insurance proceeds received 0 85 [1]
Investments in restricted and un-restricted deposits (3,445) (281)
Additions to property, plant and equipment (2,841) (2,309)
Net Cash used in Investing Activities (5,340) (1,979) [1]
Cash Flow from Financing Activities    
Repayment on lines of credit (10,137) (8,883)
Repayment of bank loans and capital leases (687) (733)
Dividends paid on non-controlling interest (125) (189)
Proceeds from exercising stock options 401 51
Proceeds from bank loans and capital leases 9,958 8,747
Net Cash Used in Financing Activities (590) (1,007)
Effect of Changes in Exchange Rate (189) 390 [1]
Net (Decrease) / Increase in Cash, Cash Equivalents, and Restricted Cash (1,665) 1,805 [1]
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 8,234 6,429
Cash, Cash Equivalents, and Restricted Cash at End of Period 6,569 8,234
Supplementary Information of Cash Flows    
Cash paid during the period for Interest 284 181
Cash paid during the period for Income taxes 106 245
Non-Cash Transactions    
Capital lease of property, plant and equipment 214 228
Reconciliation of Cash, cash equivalents, and restricted cash    
Cash 4,863 6,539
Restricted Term-Deposits in Non-Current Assets 1,706 1,695
Cash, Cash Equivalents, and Restricted Cash at End of Period $ 6,569 $ 8,234
[1] Amounts restated to exclude changes of restricted deposit for fiscal year 2018 for comparative purpose after adoption of ASU 2016-18 in fiscal year 2019.