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EXCEL - IDEA: XBRL DOCUMENT - METWOOD INCFinancial_Report.xls
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v2.4.0.6
Consolidated Statements of Operations (USD $)
3 Months Ended
Sep. 30, 2012
Sep. 30, 2011
REVENUES    
Construction Sales $ 628,883 $ 505,333
Engineering sales    2,356
Gross of sales 628,883 507,689
Cost of construction sales 380,082 289,441
Cost of engineering sales 0 15,077
Gross cost of sales 380,082 304,518
Gross profit 248,801 203,171
Advertising 6,285 12,527
Depreciation 7,920 9,832
Insurance 6,219 5,772
Payroll expenses 126,253 124,625
Professional fees 19,481 25,095
Rent 20,400 19,800
Vehicle 7,337 11,602
Other 30,524 29,759
Total administrative expenses 224,419 239,012
Operating income loss 24,382 (35,841)
Other income 3,093 5,493
Income (Loss) before income tax benifit 27,475 (30,348)
Income tax expense benefit 5,794 (10,584)
Net income loss from operations $ 21,681 $ (19,764)
Basic and diluted deficit per share $ 0 $ 0
Weighted average number of shares 12,231,797 12,231,797