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EXCEL - IDEA: XBRL DOCUMENT - XINHUA CHINA LTDFinancial_Report.xls
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v2.4.0.6
Statements of Cash Flows (USD $)
12 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash Flow from Operating Activities:    
Net (Loss) $ (573,350) $ (7,418,334)
Adjustments to retained earnings from deconsolidation   3,650,207
Imputed interest expense 447,875 607,137
Changes in assets and liabilities:    
Decrease/(Increase) in Accounts receivable    12,771
Increase/(Decrease) in Accounts Payable and accrued liabilities 113,972 430,699
Cash Sourced/(Used) in Operating Activities (11,503) (2,717,520)
Changes in assets and liabilities from disposal of subsidiaries:    
Decrease/(Increase) in Accounts Receivable    52,125
Decrease/(Increase) in Other Receivables and Prepayments    241,352
Plant and Equipment    204,062
Increase/(Decrease) in Intangible Assets    78,242
Increase/(Decrease) in Accounts Payable and Accrued Liabilities    (107,251)
Increase/(Decrease) in Loans from Shareholders    68,725
Cash Used/(Sourced) in Investing Activities    399,805
Cash Flows from Financing Activities:    
Loans from shareholders 7,676 2,132,444
Additional Paid-in Capital      
Cash Sourced/(Used) in Financing Activities 7,676 2,132,444
Net Increase/(Decrease) in Cash & Cash Equivalents for the Period (3,827) (185,271)
Effect of Currency Translation 3,827 (70,539)
Cash & Cash Equivalents at Beginning of Period    255,810
Cash & Cash Equivalents at End of Period      
Cash paid for interest expenses