XML 28 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
ARVANA INC CONSOLIDATED STATEMENTS OF CASH FLOWS TWELVE MONTHS ENDED DECEMBER 31, 2012 AND 2011 AND PERIOD FROM INCEPTION (USD $)
12 Months Ended 36 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2012
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ (325,696) $ (311,449) $ (763,573)
Items not involving cash:      
Depreciation and amortization     103
Unrealized foreign exchange 18,345 (27,424) (32,467)
Changes in non-cash working capital:      
Accounts payable and accrued liabilities 303,700 52,205 410,022
Amounts due to related parties (35,069) 236,913 263,667
Net cash used in operations (38,720) (49,755) (122,248)
Cash flows from financing activities      
Proceeds of loans payable stockholders 20,551 14,749 41,613
Proceeds of loans payable related parties 17,689 14,833 36,522
Proceeds of loans payable   19,833 44,833
Net cash provided by financing activities 38,240 49,415 122,968
Increase (decrease) in cash (480) (340) 720
Cash beginning of year 1,734 2,074 534
Cash end of Year $ 1,254 $ 1,734 $ 1,254