ARVANA INC CONSOLIDATED STATEMENTS OF OPERATIONS TWELVE MONTHS ENDED DECEMBER 31, 2016 AND 2015 - USD ($)	12 Months Ended
Dec. 31, 2016	Dec. 31, 2015
Operating expenses
General and administrative	$ 15,441	$ 11,890
Fees and Commissions	24,558	24,552
Total operating expenses	39,999	36,442
Loss from operations	(39,999)	(36,442)
Interest expense	(56,946)	(48,089)
Foreign exchange gain	(5,789)	177,181
Gain on Settlement of debt	40,203
Net Income (Loss) Attributable to Parent	$ (62,531)	$ 92,650
Per common share information - basic and diluted:
Weighted average shares outstanding (in shares)	912,794	885,130
Net loss per common share - basic and diluted (in dollars per share)	$ (0.07)	$ 0.10

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Amount of fees and commissions from financial services and banking activities and correspondent clearing. Includes fees from depositor accounts, credit cards, merchant discounts, and fiduciary and trust activities, guarantee fees, investment advisory, management, and administrative fees, transfer agent fees, and insurance commissions.

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