10-K Filing

ARVANA INC CIK: 1113313 FY 2012

Filing Information

Form Type	10-K
Accession Number	`0001211524-13-000055`
Period End Date	20121231
Filing Date	20130401
Fiscal Year	2012
Fiscal Period	FY
XBRL Instance	avni-20121231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 42 Income Statement 23 Cash Flow Statement 36 Stockholders Equity 19

Balance Sheet 42 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
Common stock, shares authorized	`CommonStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash	`Cash`	$1.73K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash	`Cash`	$1.25K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	885,130.00	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	885,130.00	shares	Point-in-time
Total assets	`Assets`	$1.73K	USD	Point-in-time
Total assets	`Assets`	$1.25K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	885,130.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	885,130.00	shares	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$695.55K	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	-3,336.00	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	-3,336.00	shares	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.02M	USD	Point-in-time
Loans payable stockholders (Note 3)	`DueToOfficersOrStockholdersCurrent`	$604.93K	USD	Point-in-time
Loans payable stockholders (Note 3)	`DueToOfficersOrStockholdersCurrent`	$631.63K	USD	Point-in-time
Loans payable related party (Note 3)	`LoansPayableRelatedPartyCurrent`	$118.83K	USD	Point-in-time
Loans payable related party (Note 3)	`LoansPayableRelatedPartyCurrent`	$36.74K	USD	Point-in-time
Loans payable (Note 3)	`LoansPayableCurrent`	$44.83K	USD	Point-in-time
Loans payable (Note 3)	`LoansPayableCurrent`	$145.05K	USD	Point-in-time
Amounts due to related parties (Note 3and 6)	`DueToOtherRelatedPartiesClassifiedCurrent`	$475.31K	USD	Point-in-time
Amounts due to related parties (Note 3and 6)	`DueToOtherRelatedPartiesClassifiedCurrent`	$516.72K	USD	Point-in-time
Total current liabilities	`Liabilities`	$1.98M	USD	Point-in-time
Total current liabilities	`Liabilities`	$2.31M	USD	Point-in-time
Common stock, $0.001 par value 5,000,000 authorized, 885,130 shares issued and outstanding at December 31, 2011, respectively (Note 4)	`CommonStockValue`	$885.00	USD	Point-in-time
Common stock, $0.001 par value 5,000,000 authorized, 885,130 shares issued and outstanding at December 31, 2011, respectively (Note 4)	`CommonStockValue`	$885.00	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$21.17M	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`	$763.57K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$437.88K	USD	Point-in-time
Total Stockholders Deficit Before Treasury Stock	`TotalStockholdersDeficitBeforeTreasuryStock`	$-2.30M	USD	Point-in-time
Total Stockholders Deficit Before Treasury Stock	`TotalStockholdersDeficitBeforeTreasuryStock`	$-1.98M	USD	Point-in-time
Less: Treasury stock - 2,085 at December 31, 2012 and 2011, respectively	`TreasuryStockValue`	$3.34K	USD	Point-in-time
Less: Treasury stock - 2,085 at December 31, 2012 and 2011, respectively	`TreasuryStockValue`	$3.34K	USD	Point-in-time
Total stockholders' deficiency	`StockholdersEquity`	$-2.30M	USD	Point-in-time
Total stockholders' deficiency	`StockholdersEquity`	$-1.98M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$1.73K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$1.25K	USD	Point-in-time

Income Statement 23 line items

Line Item	Tag	Value	Unit	Period
General and administrative	`GeneralAndAdministrativeExpense`	$300.76K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$661.69K	USD	12 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$257.54K	USD	Annual
Depreciation	`DepreciationAndAmortization`	$103.00	USD	12 Qtrs
Total operating expenses	`OperatingExpenses`	$661.79K	USD	12 Qtrs
Total operating expenses	`OperatingExpenses`	$257.54K	USD	Annual
Total operating expenses	`OperatingExpenses`	$300.76K	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-300.76K	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-257.54K	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-661.79K	USD	12 Qtrs
Interest expense	`InterestExpense`	$45.95K	USD	Annual
Interest expense	`InterestExpense`	$136.69K	USD	12 Qtrs
Interest expense	`InterestExpense`	$47.99K	USD	Annual
Foreign exchange gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$35.27K	USD	Annual
Foreign exchange gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$34.91K	USD	12 Qtrs
Foreign exchange gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-20.17K	USD	Annual
Net loss and comprehensive loss for the year	`ComprehensiveIncomeNetOfTax`	$-325.70K	USD	Annual
Net loss and comprehensive loss for the year	`ComprehensiveIncomeNetOfTax`	$-763.57K	USD	12 Qtrs
Net loss and comprehensive loss for the year	`ComprehensiveIncomeNetOfTax`	$-311.45K	USD	Annual
Weighted average shares outstanding (in shares)	`WeightedAverageSharesOutstanding`	885,130.00	shares	Annual
Weighted average shares outstanding (in shares)	`WeightedAverageSharesOutstanding`	1.00M	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`	$-0.37	USD	Annual

Cash Flow Statement 36 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-325.70K	USD	Annual
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-311.45K	USD	Annual
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-763.57K	USD	12 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$103.00	USD	12 Qtrs
Unrealized foreign exchange	`ForeignCurrencyTransactionGainLossUnrealized`	$32.47K	USD	12 Qtrs
Unrealized foreign exchange	`ForeignCurrencyTransactionGainLossUnrealized`	$-18.34K	USD	Annual
Unrealized foreign exchange	`ForeignCurrencyTransactionGainLossUnrealized`	$27.42K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$303.70K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$410.02K	USD	12 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$52.20K	USD	Annual
Amounts due to related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$236.91K	USD	Annual
Amounts due to related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$263.67K	USD	12 Qtrs
Amounts due to related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$-35.07K	USD	Annual
Net cash used in operations	`NetCashProvidedByUsedInOperatingActivities`	$-122.25K	USD	12 Qtrs
Net cash used in operations	`NetCashProvidedByUsedInOperatingActivities`	$-38.72K	USD	Annual
Net cash used in operations	`NetCashProvidedByUsedInOperatingActivities`	$-49.76K	USD	Annual
Proceeds of loans payable stockholders	`ProceedsOfLoansPayableStockholders`	$14.75K	USD	Annual
Proceeds of loans payable stockholders	`ProceedsOfLoansPayableStockholders`	$41.61K	USD	12 Qtrs
Proceeds of loans payable stockholders	`ProceedsOfLoansPayableStockholders`	$20.55K	USD	Annual
Proceeds of loans payable related parties	`ProceedsFromRelatedPartyDebt`	$14.83K	USD	Annual
Proceeds of loans payable related parties	`ProceedsFromRelatedPartyDebt`	$36.52K	USD	12 Qtrs
Proceeds of loans payable related parties	`ProceedsFromRelatedPartyDebt`	$17.69K	USD	Annual
Proceeds of loans payable	`ProceedsFromIssuanceOfDebt`	$44.83K	USD	12 Qtrs
Proceeds of loans payable	`ProceedsFromIssuanceOfDebt`	$19.83K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$38.24K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$49.41K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$122.97K	USD	12 Qtrs
Increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-480.00	USD	Annual
Increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-340.00	USD	Annual
Increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$720.00	USD	12 Qtrs
Cash beginning of year	`CashBeginningOfYear`	$534.00	USD	12 Qtrs
Cash beginning of year	`CashBeginningOfYear`	$2.07K	USD	Annual
Cash beginning of year	`CashBeginningOfYear`	$1.73K	USD	Annual
Cash end of Year	`CashEndOfYear`	$1.73K	USD	Annual
Cash end of Year	`CashEndOfYear`	$1.25K	USD	12 Qtrs
Cash end of Year	`CashEndOfYear`	$1.25K	USD	Annual

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Stockholders' Equity, before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$-1.98M	USD	Point-in-time
Stockholders' Equity, before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$-1.54M	USD	Point-in-time
Stockholders' Equity, before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$-1.67M	USD	Point-in-time
Stockholders' Equity, before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$-2.30M	USD	Point-in-time
Shares, Outstanding	`SharesOutstanding`	883,045.00	shares	Point-in-time
Shares, Outstanding	`SharesOutstanding`	883,045.00	shares	Point-in-time
Shares, Outstanding	`SharesOutstanding`	883,045.00	shares	Point-in-time
Shares, Outstanding	`SharesOutstanding`	833,045.00	shares	Point-in-time
Net Income (Loss), per basic and diluted share	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-325.70K	USD	Annual
Net Income (Loss), per basic and diluted share	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-126.43K	USD	Annual
Net Income (Loss), per basic and diluted share	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-311.45K	USD	Annual
Stockholders' Equity, before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$-1.98M	USD	Point-in-time
Stockholders' Equity, before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$-1.54M	USD	Point-in-time
Stockholders' Equity, before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$-1.67M	USD	Point-in-time
Stockholders' Equity, before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$-2.30M	USD	Point-in-time
Shares, Outstanding	`SharesOutstanding`	883,045.00	shares	Point-in-time
Shares, Outstanding	`SharesOutstanding`	883,045.00	shares	Point-in-time
Shares, Outstanding	`SharesOutstanding`	883,045.00	shares	Point-in-time
Shares, Outstanding	`SharesOutstanding`	833,045.00	shares	Point-in-time

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