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AMERICAN INTERNATIONAL VENTURES, INC. (An Exploration Stage Company) CONSOLIDATED BALANCE SHEETS - USD ($)
May 31, 2016
May 31, 2015
Current Assets    
Cash $ 146,296 $ 22,121
Miscellaneous receivables 8,373 22,748
Total current assets 154,669 44,869
Fixed Assets    
Vehicles 150,039 150,039
Mining equipment 502,400 502,400
Office furniture and equipment 32,444 30,022
Total assets 684,883 682,461
Less accumulated depreciation 363,027 261,299
Net fixed assets 321,856 421,162
Other Assets    
Investment in securities 6,380 6,380
Mining claims 911,707 861,707
Total other assets 918,087 868,087
TOTAL ASSETS 1,394,612 1,334,118
Current Liabilities    
Current portions of notes payable 13,465 89,500
Accounts payable and accrued expenses 98,578 149,250
Taxes payable 60,777 73,027
Advances from officers and directors 75,994 238,325
Total current liabilities 248,814 550,102
Long Term Liabilities    
Long term portions of notes payable 2,331 14,707
Warrant liability 27,150 27,150
Total long term liabilities 29,481 41,857
Total Liabilities 278,295 591,959
Stockholders' Equity    
Common stock - authorized, 400,000,000 shares of $.00001 par value; issued and outstanding, 211,649,945 and 212,949,945 shares, respectively 2,116 2,129
Additional paid in capital 7,345,580 7,204,086
Deficit accumulated during exploration stage (6,197,643) (6,435,968)
Total American International Ventures, Inc. stockholders' equity 1,150,053 770,247
Non controlling interest (33,736) (28,088)
Total stockholders' equity 1,116,317 742,159
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,394,612 $ 1,334,118