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v2.3.0.11
INVENTORIES
3 Months Ended
Jun. 30, 2011
Inventory Disclosure [Abstract]  
Inventory Disclosure [Text Block]
5
INVENTORIES

Inventories consist of the following amounts:

   
June 30,
2011
(000’s)
   
March 31, 
2011
(000’s)
 
Raw materials
    5,419       4,541  
Work in progress
    1,749       1,781  
Finished goods
    2,235       1,537  
Stores and spares
    61       66  
      9,464     $ 7,925  
Provision for slow moving / obsolete inventory
    (165 )     (97 )
    $ 9,299     $ 7,828  

The activity in the allowance for slow moving/obsolete inventory is given below.

   
Three months ended
June 30, 2011
(000’s )
   
Three months ended
June 30, 2010
(000’s)
 
Balance at the beginning of the year
  $ 97     $ 104  
Charges to revenues and costs
    68       112  
Inventories written off
    -       -  
Balance at the end of the period
  $ 165     $ 216