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Debt and Capital Lease Obligations (Tables)
6 Months Ended
Jan. 31, 2013
Debt and Capital Lease Obligations [Abstract]  
Debt Inclusive of Capital Lease Obligations
Debt and capital lease obligations are summarized in the following table.
 
 
 
January 31,
2013
 
 
July 31,
2012
 
 
 
 
 
 
 
 
Various bank loans and advances at interest rates ranging from 5% to 14%
 
$
524,557
 
 
$
372,744
 
Capital lease obligations at varying interest rates averaging 11%
 
 
259,101
 
 
 
218,351
 
 
 
 
783,658
 
 
 
591,095
 
 
 
 
 
 
 
 
 
 
Current portion of long-term debt and capital lease obligations
 
 
(502,757
)
 
 
(488,460
)
 
 
 
 
 
 
 
 
 
Long-term debt and capital lease obligations
 
$
 
280,901
 
 
$
102,635
 
 
Aggregate Maturities of Long-term Debt and Capital Lease Obligations
The aggregate maturities of long-term debt and capital lease obligations at January 31, 2013 are summarized in the following table.

 
 
Amount
 
 
 
 
 
February 2013 – January 2014
 
$
502,757
 
February 2014 – January 2015
 
 
198,455
 
February 2015 – January 2016
 
 
82,446
 
February 2016 – January 2017
 
 
---
 
February 2017 – January 2018
 
 
---
 
Thereafter
 
 
---
 
 
 
$
783,658