Flux Power Holdings, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Jun. 30, 2012

NOTE 4 - PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consist of:

	June 30, 2012			June 30, 2011
Vehicles	$	59,000		$	47,000
Machinery and equipment		59,000			46,000
Office equipment		53,000			21,000
Furniture and equipment		25,000			22,000
Leasehold improvements		1,000			1,000
		197,000			137,000

Less: Accumulated depreciation		(62,000	)		(32,000	)

Property, plant and equipment, net	$	135,000		$	105,000

Depreciation expense was approximately $30,000 and $22,000, for fiscal 2012 and 2011, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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