Post-effective amendment to a registration statement that is not immediately effective upon filing

PROPERTY AND EQUIPMENT

v3.21.4
PROPERTY AND EQUIPMENT
3 Months Ended 12 Months Ended
Sep. 30, 2021
Jun. 30, 2021
Property, Plant and Equipment [Abstract]    
PROPERTY AND EQUIPMENT

NOTE 3 – PROPERTY AND EQUIPMENT

 

Property and equipment consist of the following as of September 30, 2021 and June 30, 2021.

 

 

    September 30, 2021     June 30, 2021  
      (Unaudited)          
Office equipment at cost   $ 27,532     $ 28,623  
Less: Accumulated depreciation     (23,939 )     (24,368 )
                 
Total property, plant, and equipment   $ 3,593     $ 4,255  

 

Depreciation expense for the three months ended September 30, 2021 and 2020 were $509 and $438, respectively.

 

NOTE 3 – PROPERTY AND EQUIPMENT

 

Property and equipment consist of the following as of June 30,

 

    2021     2020  
             
Office equipment at cost   $ 28,623     $ 26,299  
Less: Accumulated depreciation     (24,368 )     (20,552 )
                 
Total property, plant, and equipment   $ 4,255     $ 5,747  

 

Depreciation expense for the years ended June 30, 2021 and 2020 were $1,993 and $2,473, respectively

 

 

PROPANC BIOPHARMA, INC. AND SUBSIDIARY

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

June 30, 2021 and 2020