REDEEMABLE NONCONTROLLING INTERESTS (Tables)

12 Months Ended

Jun. 30, 2020

Noncontrolling Interest [Abstract]

Redeemable noncontrolling interest redemption adjustments

	Middle East
Percentage of redeemable noncontrolling interest(a)	25%
Earliest exercise date(s)(b)	December 2028
Formula of redemption value(c)	3-year average of EBIT * 6

^(a) The parties are entitled to call or put the remaining interest in July 2028. The Put right and Call right will be exercised in respect of the noncontrolling interest holder’s percentage of shares of the Middle East subsidiary at the time of the exercise.

^(b) The parties are entitled to call or put the noncontrolling interest holder’s percentage of shares of the subsidiary in December 2028.

^(c) EBIT is defined in the amended shareholders’ agreement as the consolidated net earnings before interest and income tax.