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AMERICAN INTERNATIONAL VENTURES, INC. (An Exploration Stage Company) CONSOLIDATED BALANCE SHEETS - USD ($)
May. 31, 2015
May. 31, 2014
Current Assets    
Cash $ 22,121 $ 12,862
Miscellaneous receivables 22,748 22,911
Inventories   31,228
Total current assets 44,869 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 261,299 208,101
Net fixed assets 421,162 474,360
Other Assets    
Investment in securities 6,380 5,000
Mining claims 861,707 1,321,707
Total other assets 868,087 1,326,707
TOTAL ASSETS 1,334,118 1,868,068
Current Liabilities    
Current portions of notes payable 89,500 465,980
Accounts payable and accrued expenses 149,250 95,629
Taxes payable 73,027 70,103
Advances from officers and directors 238,325 58,000
Total current liabilities 550,102 689,712
Long Term Liabilities    
Long term portions of notes payable 14,707 27,392
Warrant liability 27,150 135,750
Total long term liabilities 41,857 163,142
Total Liabilities 591,959 852,854
Stockholders' Equity    
Common stock - authorized, 400,000,000 shares of $.00001 par value; issued and outstanding, 212,949,945 and 206,020,044 shares, respectively 2,129 2,060
Additional paid in capital 7,204,086 6,902,860
Deficit accumulated during exploration stage (6,435,968) (5,871,988)
Total American International Ventures, Inc. stockholders' equity 770,247 1,032,932
Non controlling interest (28,088) (17,718)
Total stockholders' equity 742,159 1,015,214
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,334,118 $ 1,868,068