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AMERICAN INTERNATIONAL VENTURES, INC. (An Exploration Stage Company) CONSOLIDATED STATEMENTS OF CASH FLOWS YEARS ENDED May 31, 2014 and 2013 (USD $)
12 Months Ended 27 Months Ended
May 31, 2014
May 31, 2013
May 03, 2014
Cash Flows From Operating Activities:      
Net loss $ (246,397) $ (5,412,524) $ (5,889,795)
Charges not requiring an outlay of cash:      
Impairment   300,000 300,000
Depreciation 109,414 94,446 208,101
Interest charge related to debt discount 4,481 209 4,690
Deposit writeoff   118,000 118,000
Warrant issued for services   1,004,550 1,004,550
Revaluation of warrants (407,250) (461,550) (868,800)
Equity items issued for services 229,000 2,731,250 2,960,250
Shares issued for abandoned claims   348,000 348,000
Shares issued in conjunction with lease   370,000 370,000
Gain on sale of mining claim (5,000)   (5,000)
Changes in assets and liabilities:      
Increase in taxes payable 70,103   70,103
Increase in miscellaneous receivable (22,911)   (22,911)
Increase in accounts payable and accrued expenses 35,437 10,258 74,018
Increase in convertible notes   10,000 10,000
Increase in inventories (31,228)   (31,228)
Net cash consumed by operating activities (264,351) (887,361) (1,350,022)
Cash Flows From Investing Activities:      
Purchases of fixed assets (25,994) (73,070) (607,461)
Purchases of mining claims   (13,800) (146,800)
Advances for escrow     (29,000)
Cash received as part of reverse recapitalization     38,120
Net cash consumed by investing activities (25,994) (86,870) (745,141)
Cash Flows From Financing Activities:      
Proceeds from sales of common stock 150,000 913,750 1,965,750
Proceeds of convertible notes 95,000 10,000 105,000
Payments on financing lease (10,235) (10,490) (20,725)
Advances from officers and directors 76,000   76,000
Repayments of officer and director advances (18,000)   (18,000)
Net Cash provided by financing activities 292,765 913,260 2,108,025
Net change in cash 2,420 (60,971) 12,862
Cash balance, beginning of year 10,442 71,413  
Cash balance, end of year $ 12,862 $ 10,442 $ 12,862