LAND AND BUILDINGS

6 Months Ended

Dec. 31, 2017

Notes to Financial Statements

NOTE 4. LAND AND BUILDINGS

The Land owned by the Company's wholly owned subsidiary constitutes the largest asset of the Company. During the six month period ending December 31, 2017 the Company recorded an increase in the carrying value of the Land of $32,224 due to the currency translation difference. The carrying value of the Land of the Company was as follows:

	Carrying Value of Land at
	December 31, 2017		June 30, 2017
US Dollars	$	651,816	$	619,592