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FIXED ASSETS

12 Months Ended

May 31, 2012

5.	FIXED ASSETS

As at May 31, 2012 and 2011, fixed assets consisted of the following:

	May 31, 2012			May 31, 2011
Vehicles	$	41,877		$	41,877
Machinery and equipment		95,515			95,515
Total fixed assets - cost		134,392			134,392
Less accumulated depreciation		(88,630	)		(67,928	)
Total fixed assets - net	$	45,762		$	66,464

Depreciation expense was $20,702 and $13,037 for the twelve months ended May 31, 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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