TERM DEPOSITS

12 Months Ended

Jun. 30, 2014

Term Deposits

TERM DEPOSITS

	For the Year Ended June 30,
	2014		2013
Short-term deposits	$	102	$	104
Restricted term deposits		3,541		3,494
Total	$	3,643	$	3,598

Restricted deposits represent the amounts of cash pledged to secure loans payable granted by financial institutions and serve as collateral for public utility agreements such as electricity and water and performance bonds related to customs duty payable.  Restricted deposits are classified as non-current assets, as they relate to long-term obligations and will become unrestricted only upon discharge of the obligations. Short-term deposits represent bank deposits, which do not qualify as cash equivalents.