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AMERICAN INTERNATIONAL VENTURES, INC. (An Exploration Stage Company) CONSOLIDATED BALANCE SHEETS (USD $)
May 31, 2014
May 31, 2013
Current Assets    
Cash $ 12,862 $ 10,442
Miscellaneous receivables 22,911  
Inventories 31,228  
Total current assets 67,001 10,442
Fixed Assets    
Vehicles 150,039 127,468
Mining equipment 502,400 498,977
Office furniture and equipment 30,022 30,022
Total fixed assets 474,360 557,780
Less accumulated depreciation 208,101 98,687
Net fixed assets 474,360 557,780
Other Assets    
Investment in securities 5,000  
Mining claims 1,321,707 1,321,707
Total other assets 1,326,707 1,321,707
TOTAL ASSETS 1,868,068 1,889,929
Current Liabilities    
Current portions of notes payable 465,980 46,133
Accounts payable and accrued expenses 95,629 60,281
Taxes payable 70,103  
Advances from officers and directors 58,000  
Total current liabilities 689,712 106,414
Long Term Liabilities    
Long term portions of notes payable 27,392 357,993
Warrant liability 135,750 543,000
Total long term liabilities 163,142 900,993
Total Liabilities 852,854 1,007,407
Stockholders' Equity    
Common stock - authorized, 400,000,000 shares of $.00001 par value; issued and outstanding, 206,020,044 and 204,220,044 shares, respectively 2,060 2,042
Additional paid in capital 6,902,860 6,523,878
Deficit accumulated during exploration stage 5,871,988 5,643,398
Total American International Ventures, Inc. stockholders' equity 1,032,932 882,522
Non controlling interest (17,718)  
Total stockholders' equity 1,015,214 882,522
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,868,068 $ 1,889,929