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AMERICAN INTERNATIONAL VENTURES, INC. CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
Aug. 31, 2014
May 31, 2014
Current Assets    
Cash $ 7,125 $ 12,862
Miscellaneous receivables 23,644 22,911
Inventories 18,444 31,228
Total current assets 49,213 67,001
Fixed Assets    
Vehicles 150,039 150,039
Mining equipment 502,400 502,400
Office furniture and equipment 30,022 30,022
Total assets 682,461 682,461
Less accumulated depreciation 219,779 208,101
Net fixed assets 462,682 474,360
Other Assets    
Investment in securities 6,500 5,000
Mining claims 1,321,707 1,321,707
Total other assets 1,328,207 1,326,707
TOTAL ASSETS 1,840,102 1,868,068
Current Liabilities    
Current portions of notes payable 466,240 465,980
Accounts payable and accrued expenses 132,665 95,629
Taxes payable 87,779 70,103
Advances from officers and directors 109,000 58,000
Total current liabilities 795,684 689,712
Long Term Liabilities    
Long term portions of notes payable 24,298 27,392
Warrant liability 108,000 135,750
Total long term liabilities 132,298 163,142
Total Liabilities 927,982 852,854
Stockholders' Equity    
Common stock - authorized, 400,000,000 shares of $.00001 par value; issued and outstanding, 207,870,044 and 206,020,044 shares, respectively 2,079 2,060
Additional paid in capital 7,100,141 6,902,860
Accumulated deficit (6,163,304) (5,871,988)
Accumulated other comprehensive income (920)  
Total American International Ventures, Inc. stockholders' equity 937,996 1,032,932
Non controlling interest (25,876) (17,718)
Total stockholders' equity 912,120 1,015,214
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,840,102 $ 1,868,068