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AMERICAN INTERNATIONAL VENTURES, INC. (An Exploration Stage Company) CONSOLIDATED BALANCE SHEET May 31, 2012 (USD $)
May 31, 2012
Current Assets  
Cash $ 71,413
Total current assets 71,413
Fixed Assets  
Vehicles 106,496
Mining equipment 461,901
Total assets 568,397
Less, accumulated depreciation 4,241
Net fixed assets 564,156
Other Assets  
Mining claims 718,000
Advances on escrow 719,000
Total other assets 1,437,000
TOTAL ASSETS 2,072,569
Current Liabilities  
Accounts payable and accrued expenses 110,023
Current portion of note payable 10,603
Total current liabilities 120,626
Long Term Portion of Notes Payable 341,397
Total Liabilities 462,023
Stockholders' Equity  
Common stock - authorized, 400,000,000 shares of $.00001 par value; issued and outstanding 188,465,044 shares 1,885
Capital in excess of par value 1,804,535
Paid-in capital warrants 35,000
Deficit accumulated during exploration stage (230,874)
Total stockholders' equity 1,610,546
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 2,072,569