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Land and Buildings

9 Months Ended

Mar. 31, 2015

NOTE 4 - LAND AND BUILDINGS :

The Land owned by the Company's wholly owned subsidiary constitutes the largest asset of the Company. During the period ending March 31, 2015 the Company recorded no change in the value of the Land. The value of the Land of the Company was as follows:

	Value of Land,
		June 30,
	March 31, 2015	2014	2013
US Dollars	$605,960	$605,960	$578,704

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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