NOTE 5 - COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS

3 Months Ended

Sep. 30, 2015

Notes to Financial Statements

NOTE 5 - COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS

NOTE 5 - COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS

Information relating to uncompleted contracts is as follows:

	September 30, 2015		June 30, 2015
Costs incurred on uncompleted contracts	$	1,862	$	1,862
Estimated earnings		1,371		1,371
Subtotal		3,233		3,233
Less: Billings to date		2,693		2,693
Total Costs and estimated earnings in excess of billings on uncompleted contracts	$	540	$	540

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

	September 30, 2015		June 30, 2015
Costs and estimated earnings in excess of billings on uncompleted contracts	$	682	$	682
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	$	540		540