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PROPERTY AND EQUIPMENT
6 Months Ended
Dec. 31, 2021
REVENUE  
NOTE 4- PROPERTY AND EQUIPMENT

NOTE 4–PROPERTY AND EQUIPMENT:

 

The Land owned by the Company’s wholly owned subsidiary constitutes the largest asset of the Company. During the period ending December 31, 2021 the Company recorded a decrease in the carrying value of the Land of $(31,471), 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, 2021

 

 

June 30,
2021

 

US Dollars

 

$614,607

 

 

$646,078