NOTE 5 - COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS (Tables)

9 Months Ended

Mar. 31, 2015

Notes to Financial Statements

Information relating to uncompleted contracts

NOTE 5 – COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS

Information relating to uncompleted contracts is as follows:

		March 31, 2015		June 30, 2014
Costs incurred on uncompleted contracts	$	1,859	$	1,885
Estimated earnings		1,373		1,746
Subtotal		3,232		3,631
Less: Billings to date		2,693		3,013
Total Costs and estimated earnings in excess of billings on uncompleted contracts	$	539	$	618

Included in the accompanying condensed consolidated balance sheets

NOTE 5 – COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS

Included in the accompanying condensed consolidated balance sheets under the following captions:

		March 31, 2015		June 30, 2014
Costs and estimated earnings in excess of billings on uncompleted contracts	$	681	$	760
Less: Billings in excess of costs and estimated earnings on uncompleted contracts		142		142
Total Costs and estimated earnings in excess of billings on uncompleted contracts	$	539	$	618