10-K Filing

ARVANA INC CIK: 1113313 FY 2011

Filing Information

Form Type	10-K
Accession Number	`0001211524-12-000081`
Period End Date	20111231
Filing Date	20120413
Fiscal Year	2011
Fiscal Period	FY
XBRL Instance	avni-20111231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 44 Income Statement 25 Cash Flow Statement 43 Stockholders Equity 9

Balance Sheet 44 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`Cash`	$1.73K	USD	Point-in-time
Cash	`Cash`	$2.07K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash	`Cash`	$534.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	5.00M	shares	Point-in-time
Total assets	`Assets`	$1.73K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	1.06M	shares	Point-in-time
Total assets	`Assets`	$2.07K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	885,130.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1.06M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	885,130.00	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2,085.00	shares	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$695.55K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$657.60K	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	177,085.00	shares	Point-in-time
Loans payable stockholders (Note 3)	`DueToOfficersOrStockholdersCurrent`	$604.93K	USD	Point-in-time
Loans payable stockholders (Note 3)	`DueToOfficersOrStockholdersCurrent`	$604.65K	USD	Point-in-time
Loans payable related party (Note 3)	`LoansPayableRelatedPartyCurrent`	$100.00K	USD	Point-in-time
Loans payable related party (Note 3)	`LoansPayableRelatedPartyCurrent`	$118.83K	USD	Point-in-time
Loans payable (Note 3)	`LoansPayableCurrent`	$25.00K	USD	Point-in-time
Loans payable (Note 3)	`LoansPayableCurrent`	$44.83K	USD	Point-in-time
Amounts due to related parties (Note 3)	`DueToOtherRelatedPartiesClassifiedCurrent`	$282.50K	USD	Point-in-time
Amounts due to related parties (Note 3)	`DueToOtherRelatedPartiesClassifiedCurrent`	$516.72K	USD	Point-in-time
Total current liabilities	`Liabilities`	$1.67M	USD	Point-in-time
Total current liabilities	`Liabilities`	$1.98M	USD	Point-in-time
Common stock, $0.001 par value 5,000,000 authorized, 885,130 and 1,060,130 shares issued and outstanding at December 31, 2011 and 2010, respectively (Note 4)	`CommonStockValue`	$1.06K	USD	Point-in-time
Common stock, $0.001 par value 5,000,000 authorized, 885,130 and 1,060,130 shares issued and outstanding at December 31, 2011 and 2010, respectively (Note 4)	`CommonStockValue`	$885.00	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$21.45M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$21.17M	USD	Point-in-time
Deficit	`RetainedEarningsAccumulatedDeficit`	$-22.71M	USD	Point-in-time
Deficit	`RetainedEarningsAccumulatedDeficit`	$-22.71M	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$437.88K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$126.43K	USD	Point-in-time
Total Stockholders Deficit Before Treasury Stock	`TotalStockholdersDeficitBeforeTreasuryStock`	$-1.98M	USD	Point-in-time
Total Stockholders Deficit Before Treasury Stock	`TotalStockholdersDeficitBeforeTreasuryStock`	$-1.38M	USD	Point-in-time
Less: Treasury stock - 2,085 and 177,085 common shares at December 31, 2011 and 2010, respectively	`TreasuryStockValue`	$283.34K	USD	Point-in-time
Less: Treasury stock - 2,085 and 177,085 common shares at December 31, 2011 and 2010, respectively	`TreasuryStockValue`	$3.34K	USD	Point-in-time
Total stockholders' deficiency	`StockholdersEquity`	$-1.98M	USD	Point-in-time
Total stockholders' deficiency	`StockholdersEquity`	$-1.54M	USD	Point-in-time
Total stockholders' deficiency	`StockholdersEquity`	$-1.67M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$2.07K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$1.73K	USD	Point-in-time

Income Statement 25 line items

Line Item	Tag	Value	Unit	Period
General and administrative	`GeneralAndAdministrativeExpense`	$300.76K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$103.39K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$404.15K	USD	8 Qtrs
Depreciation	`DepreciationAndAmortization`	-	USD	Annual
Depreciation	`DepreciationAndAmortization`	$103.00	USD	8 Qtrs
Depreciation	`DepreciationAndAmortization`	$103.00	USD	Annual
Total operating expenses	`OperatingExpenses`	$300.76K	USD	Annual
Total operating expenses	`OperatingExpenses`	$103.49K	USD	Annual
Total operating expenses	`OperatingExpenses`	$404.25K	USD	8 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-103.49K	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-404.25K	USD	8 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-300.76K	USD	Annual
Interest expense	`InterestExpense`	$42.75K	USD	Annual
Interest expense	`InterestExpense`	$88.70K	USD	8 Qtrs
Interest expense	`InterestExpense`	$45.95K	USD	Annual
Foreign exchange gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$35.27K	USD	Annual
Foreign exchange gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$55.08K	USD	8 Qtrs
Foreign exchange gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$19.81K	USD	Annual
Net loss and comprehensive loss for the year	`ComprehensiveIncomeNetOfTax`	$-311.45K	USD	Annual
Net loss and comprehensive loss for the year	`ComprehensiveIncomeNetOfTax`	$-437.88K	USD	8 Qtrs
Net loss and comprehensive loss for the year	`ComprehensiveIncomeNetOfTax`	$-126.43K	USD	Annual
Weighted average shares outstanding (in shares)	`WeightedAverageSharesOutstanding`	1.00M	shares	Annual
Weighted average shares outstanding (in shares)	`WeightedAverageSharesOutstanding`	1.06M	shares	Annual
Net loss per common share - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.31	USD	Annual
Net loss per common share - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.12	USD	Annual

Cash Flow Statement 43 line items

Line Item	Tag	Value	Unit	Period
Comprehensive Income (Loss), Net Of Tax, Attributable To Parent	`ComprehensiveIncomeNetOfTax`	$-311.45K	USD	Annual
Comprehensive Income (Loss), Net Of Tax, Attributable To Parent	`ComprehensiveIncomeNetOfTax`	$-437.88K	USD	8 Qtrs
Comprehensive Income (Loss), Net Of Tax, Attributable To Parent	`ComprehensiveIncomeNetOfTax`	$-126.43K	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$103.00	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$103.00	USD	8 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	-	USD	Annual
Unrealized foreign exchange	`ForeignCurrencyTransactionGainLossUnrealized`	$50.81K	USD	8 Qtrs
Unrealized foreign exchange	`ForeignCurrencyTransactionGainLossUnrealized`	$23.39K	USD	Annual
Unrealized foreign exchange	`ForeignCurrencyTransactionGainLossUnrealized`	$27.42K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$52.20K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$106.32K	USD	8 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$44.36K	USD	Annual
Amounts due to related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$236.91K	USD	Annual
Amounts due to related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$71.58K	USD	Annual
Amounts due to related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$298.74K	USD	8 Qtrs
Net cash used in operations	`NetCashProvidedByUsedInOperatingActivities`	$-49.76K	USD	Annual
Net cash used in operations	`NetCashProvidedByUsedInOperatingActivities`	$-83.53K	USD	8 Qtrs
Net cash used in operations	`NetCashProvidedByUsedInOperatingActivities`	$-33.77K	USD	Annual
Proceeds of loans payable stockholders	`ProceedsOfLoansPayableStockholders`	$21.06K	USD	8 Qtrs
Proceeds of loans payable stockholders	`ProceedsOfLoansPayableStockholders`	$14.75K	USD	Annual
Proceeds of loans payable stockholders	`ProceedsOfLoansPayableStockholders`	$6.31K	USD	Annual
Proceeds of loans payable related parties	`ProceedsFromRelatedPartyDebt`	$4.00K	USD	Annual
Proceeds of loans payable related parties	`ProceedsFromRelatedPartyDebt`	$14.83K	USD	Annual
Proceeds of loans payable related parties	`ProceedsFromRelatedPartyDebt`	$18.83K	USD	8 Qtrs
Proceeds of loans payable	`ProceedsFromIssuanceOfDebt`	$25.00K	USD	Annual
Proceeds of loans payable	`ProceedsFromIssuanceOfDebt`	$19.83K	USD	Annual
Proceeds of loans payable	`ProceedsFromIssuanceOfDebt`	$44.83K	USD	8 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$49.41K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$84.73K	USD	8 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$35.31K	USD	Annual
Increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.20K	USD	8 Qtrs
Increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-340.00	USD	Annual
Increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.54K	USD	Annual
Cash , beginning of period	`Cash`	$1.73K	USD	Point-in-time
Cash , beginning of period	`Cash`	$2.07K	USD	Point-in-time
Cash , beginning of period	`Cash`	$534.00	USD	Point-in-time
Cash, end of period	`Cash`	$1.73K	USD	Point-in-time
Cash, end of period	`Cash`	$2.07K	USD	Point-in-time
Cash, end of period	`Cash`	$534.00	USD	Point-in-time
Cash paid for interest	`InterestPaid`	-	USD	Annual
Cash paid for interest	`InterestPaid`	-	USD	Annual
Cash paid for income taxes paid	`IncomeTaxesPaid`	-	USD	Annual
Cash paid for income taxes paid	`IncomeTaxesPaid`	-	USD	Annual

Stockholders Equity 9 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-1.98M	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.54M	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.67M	USD	Point-in-time
Net loss for the year ended	`ComprehensiveIncomeNetOfTax`	$-311.45K	USD	Annual
Net loss for the year ended	`ComprehensiveIncomeNetOfTax`	$-437.88K	USD	8 Qtrs
Net loss for the year ended	`ComprehensiveIncomeNetOfTax`	$-126.43K	USD	Annual
Balance	`StockholdersEquity`	$-1.98M	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.54M	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.67M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.