10-Q Filing

ISHARES SILVER TRUST CIK: 1330568 Q2 2010

Filing Information

Form Type	10-Q
Accession Number	`0001193125-10-181237`
Period End Date	20100630
Filing Date	20100806
Fiscal Year	2010
Fiscal Period	Q2
XBRL Instance	slv-20100630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 23 Income Statement 48 Cash Flow Statement 38 Stockholders Equity 11

Balance Sheet 23 line items

Line Item	Tag	Value	Unit	Period
Silver bullion inventory, fair value	`SilverBullionInventoryFairValue`	$5.19B	USD	Point-in-time
Silver bullion inventory, fair value	`SilverBullionInventoryFairValue`	$5.52B	USD	Point-in-time
Silver bullion inventory (fair value of $5,516,245 and $5,185,449, respectively)	`SilverBullionInventory`	$4.21B	USD	Point-in-time
Redeemable capital shares, par value	`RedeemableCapitalSharesParValue`	-	USD	Point-in-time
Silver bullion inventory (fair value of $5,516,245 and $5,185,449, respectively)	`SilverBullionInventory`	$4.13B	USD	Point-in-time
Redeemable capital shares, par value	`RedeemableCapitalSharesParValue`	-	USD	Point-in-time
Redeemable capital shares, issued	`RedeemableCapitalSharesIssued`	300.40M	shares	Point-in-time
Payable for capital shares redeemed	`PayableForCapitalSharesRedeemed`	$9.60M	USD	Point-in-time
Redeemable capital shares, issued	`RedeemableCapitalSharesIssued`	310.70M	shares	Point-in-time
Redeemable capital shares, outstanding	`RedeemableCapitalSharesOutstanding`	300.40M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$4.12B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$4.21B	USD	Point-in-time
Redeemable capital shares, outstanding	`RedeemableCapitalSharesOutstanding`	310.70M	shares	Point-in-time
Sponsor's fees payable	`SponsorsFeesPayable`	$-2.24M	USD	Point-in-time
Sponsor's fees payable	`SponsorsFeesPayable`	$-2.29M	USD	Point-in-time
Total liabilities	`Liabilities`	$-2.29M	USD	Point-in-time
Total liabilities	`Liabilities`	$-2.24M	USD	Point-in-time
Redeemable capital shares, no par value, unlimited amount authorized (at redemption value) - 300,400,000 issued and outstanding at June 30, 2010 and 310,700,000 issued and outstanding at December 31, 2009	`RedeemableCapitalShares`	$-5.18B	USD	Point-in-time
Redeemable capital shares, no par value, unlimited amount authorized (at redemption value) - 300,400,000 issued and outstanding at June 30, 2010 and 310,700,000 issued and outstanding at December 31, 2009	`RedeemableCapitalShares`	$-5.51B	USD	Point-in-time
Shareholders' equity (deficit)	`ShareholdersEquityDeficit`	$1.39B	USD	Point-in-time
Shareholders' equity (deficit)	`ShareholdersEquityDeficit`	$975.31M	USD	Point-in-time
TOTAL LIABILITIES, REDEEMABLE CAPITAL SHARES AND SHAREHOLDERS' EQUITY (DEFICIT)	`TotalLiabilitiesRedeemableCapitalSharesAndShareholdersEquityDeficit`	$4.12B	USD	Point-in-time
TOTAL LIABILITIES, REDEEMABLE CAPITAL SHARES AND SHAREHOLDERS' EQUITY (DEFICIT)	`TotalLiabilitiesRedeemableCapitalSharesAndShareholdersEquityDeficit`	$4.21B	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Proceeds from sales of silver to pay expenses	`ProceedsFromSalesOfSilverToPayExpenses`	$4.42M	USD	1 Quarter
Proceeds from sales of silver to pay expenses	`ProceedsFromSalesOfSilverToPayExpenses`	$7.72M	USD	2 Qtrs
Proceeds from sales of silver to pay expenses	`ProceedsFromSalesOfSilverToPayExpenses`	$13.03M	USD	2 Qtrs
Proceeds from sales of silver to pay expenses	`ProceedsFromSalesOfSilverToPayExpenses`	$6.63M	USD	1 Quarter
Cost of silver sold to pay expenses	`CostOfSilverSoldToPayExpenses`	$4.32M	USD	1 Quarter
Cost of silver sold to pay expenses	`CostOfSilverSoldToPayExpenses`	$7.90M	USD	2 Qtrs
Cost of silver sold to pay expenses	`CostOfSilverSoldToPayExpenses`	$10.29M	USD	2 Qtrs
Cost of silver sold to pay expenses	`CostOfSilverSoldToPayExpenses`	$5.04M	USD	1 Quarter
Gain (loss) on sales of silver to pay expenses	`GainLossOnSalesOfSilverToPayExpenses`	$2.74M	USD	2 Qtrs
Gain (loss) on sales of silver to pay expenses	`GainLossOnSalesOfSilverToPayExpenses`	$1.59M	USD	1 Quarter
Gain (loss) on sales of silver to pay expenses	`GainLossOnSalesOfSilverToPayExpenses`	$99.00K	USD	1 Quarter
Gain (loss) on sales of silver to pay expenses	`GainLossOnSalesOfSilverToPayExpenses`	$-179.00K	USD	2 Qtrs
Gain (loss) on silver distributed for the redemption of shares	`GainLossOnSilverDistributedForRedemptionOfShares`	$-611.00K	USD	2 Qtrs
Gain (loss) on silver distributed for the redemption of shares	`GainLossOnSilverDistributedForRedemptionOfShares`	$-277.00K	USD	1 Quarter
Gain (loss) on silver distributed for the redemption of shares	`GainLossOnSilverDistributedForRedemptionOfShares`	$110.21M	USD	2 Qtrs
Gain (loss) on silver distributed for the redemption of shares	`GainLossOnSilverDistributedForRedemptionOfShares`	$56.78M	USD	1 Quarter
Total gain (loss) on sales and distributions of silver	`TotalGainLossOnSalesAndDistributionsOfSilver`	$112.94M	USD	2 Qtrs
Total gain (loss) on sales and distributions of silver	`TotalGainLossOnSalesAndDistributionsOfSilver`	$-790.00K	USD	2 Qtrs
Total gain (loss) on sales and distributions of silver	`TotalGainLossOnSalesAndDistributionsOfSilver`	$-178.00K	USD	1 Quarter
Total gain (loss) on sales and distributions of silver	`TotalGainLossOnSalesAndDistributionsOfSilver`	$58.37M	USD	1 Quarter
Market value recovery (Note 2B)	`MarketValueRecovery`	$571.78M	USD	2 Qtrs
Market value recovery (Note 2B)	`MarketValueRecovery`	$38.87M	USD	1 Quarter
Market value recovery (Note 2B)	`MarketValueRecovery`	-	USD	2 Qtrs
Total revenue	`Revenues`	$58.37M	USD	1 Quarter
Total revenue	`Revenues`	$38.69M	USD	1 Quarter
Total revenue	`Revenues`	$570.99M	USD	2 Qtrs
Total revenue	`Revenues`	$112.94M	USD	2 Qtrs
Sponsor's fees	`SponsorsFees`	$4.66M	USD	1 Quarter
Sponsor's fees	`SponsorsFees`	$6.69M	USD	1 Quarter
Sponsor's fees	`SponsorsFees`	$12.97M	USD	2 Qtrs
Sponsor's fees	`SponsorsFees`	$8.47M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$6.69M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$12.97M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$4.66M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$8.47M	USD	2 Qtrs
NET INCOME	`NetIncomeLoss`	$574.52M	USD	Annual
NET INCOME	`NetIncomeLoss`	$51.68M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$562.53M	USD	2 Qtrs
NET INCOME	`NetIncomeLoss`	$34.03M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$99.97M	USD	2 Qtrs
Net income per share	`NetIncomeLossPerShare`	$2.14	USD	2 Qtrs
Net income per share	`NetIncomeLossPerShare`	$0.33	USD	2 Qtrs
Net income per share	`NetIncomeLossPerShare`	$0.12	USD	1 Quarter
Net income per share	`NetIncomeLossPerShare`	$0.17	USD	1 Quarter
Weighted-average shares outstanding	`WeightedAverageSharesOutstanding`	276.92M	shares	1 Quarter
Weighted-average shares outstanding	`WeightedAverageSharesOutstanding`	299.17M	shares	1 Quarter
Weighted-average shares outstanding	`WeightedAverageSharesOutstanding`	303.23M	shares	2 Qtrs
Weighted-average shares outstanding	`WeightedAverageSharesOutstanding`	263.35M	shares	2 Qtrs

Cash Flow Statement 38 line items

Line Item	Tag	Value	Unit	Period
Proceeds from sales of silver	`ProceedsFromSalesOfSilverToPayExpenses`	$4.42M	USD	1 Quarter
Proceeds from sales of silver	`ProceedsFromSalesOfSilverToPayExpenses`	$7.72M	USD	2 Qtrs
Proceeds from sales of silver	`ProceedsFromSalesOfSilverToPayExpenses`	$13.03M	USD	2 Qtrs
Proceeds from sales of silver	`ProceedsFromSalesOfSilverToPayExpenses`	$6.63M	USD	1 Quarter
Expenses - Sponsor's fees paid	`ExpensesSponsorsFeesPaid`	$-13.03M	USD	2 Qtrs
Expenses - Sponsor's fees paid	`ExpensesSponsorsFeesPaid`	$-7.72M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	2 Qtrs
Increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	2 Qtrs
Increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	2 Qtrs
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Net income	`NetIncomeLoss`	$574.52M	USD	Annual
Net income	`NetIncomeLoss`	$51.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$562.53M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$34.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$99.97M	USD	2 Qtrs
(Gain) loss on silver distributed for the redemption of shares	`GainLossOnSilverDistributedForRedemptionOfShares`	$-611.00K	USD	2 Qtrs
(Gain) loss on silver distributed for the redemption of shares	`GainLossOnSilverDistributedForRedemptionOfShares`	$-277.00K	USD	1 Quarter
(Gain) loss on silver distributed for the redemption of shares	`GainLossOnSilverDistributedForRedemptionOfShares`	$110.21M	USD	2 Qtrs
(Gain) loss on silver distributed for the redemption of shares	`GainLossOnSilverDistributedForRedemptionOfShares`	$56.78M	USD	1 Quarter
Cost of silver sold to pay expenses	`CostOfSilverSoldToPayExpenses`	$4.32M	USD	1 Quarter
Cost of silver sold to pay expenses	`CostOfSilverSoldToPayExpenses`	$7.90M	USD	2 Qtrs
Cost of silver sold to pay expenses	`CostOfSilverSoldToPayExpenses`	$10.29M	USD	2 Qtrs
Cost of silver sold to pay expenses	`CostOfSilverSoldToPayExpenses`	$5.04M	USD	1 Quarter
Increase (decrease) in Sponsor's fees payable	`IncreaseDecreaseInSponsorsFeesPayable`	$750.00K	USD	2 Qtrs
Increase (decrease) in Sponsor's fees payable	`IncreaseDecreaseInSponsorsFeesPayable`	$-54.00K	USD	2 Qtrs
Market value recovery (Note 2B)	`MarketValueRecovery`	$571.78M	USD	2 Qtrs
Market value recovery (Note 2B)	`MarketValueRecovery`	$38.87M	USD	1 Quarter
Market value recovery (Note 2B)	`MarketValueRecovery`	-	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	2 Qtrs
Carrying value of silver received for creation of shares	`CarryingValueOfSilverReceivedForCreationOfShares`	$293.00M	USD	2 Qtrs
Carrying value of silver received for creation of shares	`CarryingValueOfSilverReceivedForCreationOfShares`	$964.64M	USD	2 Qtrs
Carrying value of silver distributed for redemption of shares, at average cost	`CarryingValueOfSilverDistributedForRedemptionOfSharesAtAverageCost`	$-145.12M	USD	2 Qtrs
Carrying value of silver distributed for redemption of shares, at average cost	`CarryingValueOfSilverDistributedForRedemptionOfSharesAtAverageCost`	$-371.35M	USD	2 Qtrs

Stockholders Equity 11 line items

Line Item	Tag	Value	Unit	Period
Shareholders' equity (deficit) - beginning of period	`ShareholdersEquityDeficit`	$1.39B	USD	Point-in-time
Shareholders' equity (deficit) - beginning of period	`ShareholdersEquityDeficit`	$975.31M	USD	Point-in-time
Net income	`NetIncomeLoss`	$574.52M	USD	Annual
Net income	`NetIncomeLoss`	$51.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$562.53M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$34.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$99.97M	USD	2 Qtrs
Adjustment of redeemable capital shares to redemption value	`AdjustmentOfRedeemableCapitalSharesToRedemptionValue`	$-519.41M	USD	2 Qtrs
Adjustment of redeemable capital shares to redemption value	`AdjustmentOfRedeemableCapitalSharesToRedemptionValue`	$-1.55B	USD	Annual
Shareholders' equity (deficit) - end of period	`ShareholdersEquityDeficit`	$1.39B	USD	Point-in-time
Shareholders' equity (deficit) - end of period	`ShareholdersEquityDeficit`	$975.31M	USD	Point-in-time

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