10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001193125-10-251875 |
| Period End Date | 20100930 |
| Filing Date | 20101108 |
| Fiscal Year | 2010 |
| Fiscal Period | Q3 |
| XBRL Instance | slv-20100930.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
23 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Silver bullion inventory, fair value |
SilverBullionInventoryFairValue
|
$6.94B | USD | Point-in-time |
| Silver bullion inventory, fair value |
SilverBullionInventoryFairValue
|
$5.19B | USD | Point-in-time |
| Silver bullion inventory (fair value of $6,944,156 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 $6,944,156 and $5,185,449, respectively) |
SilverBullionInventory
|
$4.52B | USD | Point-in-time |
| Redeemable capital shares, par value |
RedeemableCapitalSharesParValue
|
- | USD | Point-in-time |
| Redeemable capital shares, issued |
RedeemableCapitalSharesIssued
|
310.70M | shares | Point-in-time |
| Redeemable capital shares, issued |
RedeemableCapitalSharesIssued
|
321.50M | shares | Point-in-time |
| Receivable for capital shares sold |
ReceivableForCapitalSharesSold
|
$20.71M | USD | Point-in-time |
| Redeemable capital shares, outstanding |
RedeemableCapitalSharesOutstanding
|
321.50M | shares | Point-in-time |
| Redeemable capital shares, outstanding |
RedeemableCapitalSharesOutstanding
|
310.70M | shares | Point-in-time |
| TOTAL ASSETS |
Assets
|
$4.21B | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$4.54B | USD | Point-in-time |
| Sponsor's fees payable |
SponsorsFeesPayable
|
$2.54M | USD | Point-in-time |
| Sponsor's fees payable |
SponsorsFeesPayable
|
$2.29M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$2.54M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$2.29M | USD | Point-in-time |
| Redeemable capital shares, no par value, unlimited amount authorized (at redemption value) - 321,500,000 issued and outstanding at September 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) - 321,500,000 issued and outstanding at September 30, 2010 and 310,700,000 issued and outstanding at December 31, 2009 |
RedeemableCapitalShares
|
$6.94B | USD | Point-in-time |
| Shareholders' equity (deficit) |
ShareholdersEquityDeficit
|
$-2.40B | USD | Point-in-time |
| Shareholders' equity (deficit) |
ShareholdersEquityDeficit
|
$-975.31M | USD | Point-in-time |
| TOTAL LIABILITIES, REDEEMABLE CAPITAL SHARES AND SHAREHOLDERS' EQUITY (DEFICIT) |
TotalLiabilitiesRedeemableCapitalSharesAndShareholdersEquityDeficit
|
$4.54B | USD | Point-in-time |
| TOTAL LIABILITIES, REDEEMABLE CAPITAL SHARES AND SHAREHOLDERS' EQUITY (DEFICIT) |
TotalLiabilitiesRedeemableCapitalSharesAndShareholdersEquityDeficit
|
$4.21B | USD | Point-in-time |
Income Statement
46 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Proceeds from sales of silver to pay expenses |
ProceedsFromSalesOfSilverToPayExpenses
|
$6.79M | USD | 1 Quarter |
| Proceeds from sales of silver to pay expenses |
ProceedsFromSalesOfSilverToPayExpenses
|
$12.72M | USD | 3 Qtrs |
| Proceeds from sales of silver to pay expenses |
ProceedsFromSalesOfSilverToPayExpenses
|
$5.00M | USD | 1 Quarter |
| Proceeds from sales of silver to pay expenses |
ProceedsFromSalesOfSilverToPayExpenses
|
$19.82M | USD | 3 Qtrs |
| Cost of silver sold to pay expenses |
CostOfSilverSoldToPayExpenses
|
$4.69M | USD | 1 Quarter |
| Cost of silver sold to pay expenses |
CostOfSilverSoldToPayExpenses
|
$15.35M | USD | 3 Qtrs |
| Cost of silver sold to pay expenses |
CostOfSilverSoldToPayExpenses
|
$12.59M | USD | 3 Qtrs |
| Cost of silver sold to pay expenses |
CostOfSilverSoldToPayExpenses
|
$5.06M | USD | 1 Quarter |
| Gain on sales of silver to pay expenses |
GainLossOnSalesOfSilverToPayExpenses
|
$1.73M | USD | 1 Quarter |
| Gain on sales of silver to pay expenses |
GainLossOnSalesOfSilverToPayExpenses
|
$4.47M | USD | 3 Qtrs |
| Gain on sales of silver to pay expenses |
GainLossOnSalesOfSilverToPayExpenses
|
$311.00K | USD | 1 Quarter |
| Gain on sales of silver to pay expenses |
GainLossOnSalesOfSilverToPayExpenses
|
$132.00K | USD | 3 Qtrs |
| Gain on silver distributed for the redemption of shares |
GainLossOnSilverDistributedForRedemptionOfShares
|
$19.01M | USD | 3 Qtrs |
| Gain on silver distributed for the redemption of shares |
GainLossOnSilverDistributedForRedemptionOfShares
|
$114.59M | USD | 3 Qtrs |
| Gain on silver distributed for the redemption of shares |
GainLossOnSilverDistributedForRedemptionOfShares
|
$19.62M | USD | 1 Quarter |
| Gain on silver distributed for the redemption of shares |
GainLossOnSilverDistributedForRedemptionOfShares
|
$4.39M | USD | 1 Quarter |
| Total gain on sales and distributions of silver |
TotalGainLossOnSalesAndDistributionsOfSilver
|
$6.12M | USD | 1 Quarter |
| Total gain on sales and distributions of silver |
TotalGainLossOnSalesAndDistributionsOfSilver
|
$119.06M | USD | 3 Qtrs |
| Total gain on sales and distributions of silver |
TotalGainLossOnSalesAndDistributionsOfSilver
|
$19.93M | USD | 1 Quarter |
| Total gain on sales and distributions of silver |
TotalGainLossOnSalesAndDistributionsOfSilver
|
$19.14M | USD | 3 Qtrs |
| Market value recovery (Note 2B) |
MarketValueRecovery
|
$571.78M | USD | 3 Qtrs |
| Total revenue |
Revenues
|
$590.92M | USD | 3 Qtrs |
| Total revenue |
Revenues
|
$19.93M | USD | 1 Quarter |
| Total revenue |
Revenues
|
$119.06M | USD | 3 Qtrs |
| Total revenue |
Revenues
|
$6.12M | USD | 1 Quarter |
| Sponsor's fees |
SponsorsFees
|
$7.08M | USD | 1 Quarter |
| Sponsor's fees |
SponsorsFees
|
$20.06M | USD | 3 Qtrs |
| Sponsor's fees |
SponsorsFees
|
$13.66M | USD | 3 Qtrs |
| Sponsor's fees |
SponsorsFees
|
$5.20M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$7.08M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$5.20M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$20.06M | USD | 3 Qtrs |
| Total expenses |
OperatingExpenses
|
$13.66M | USD | 3 Qtrs |
| NET INCOME (LOSS) |
NetIncomeLoss
|
$574.52M | USD | Annual |
| NET INCOME (LOSS) |
NetIncomeLoss
|
$99.01M | USD | 3 Qtrs |
| NET INCOME (LOSS) |
NetIncomeLoss
|
$-967.00K | USD | 1 Quarter |
| NET INCOME (LOSS) |
NetIncomeLoss
|
$14.73M | USD | 1 Quarter |
| NET INCOME (LOSS) |
NetIncomeLoss
|
$577.26M | USD | 3 Qtrs |
| Net income (loss) per share |
NetIncomeLossPerShare
|
$0.05 | USD | 1 Quarter |
| Net income (loss) per share |
NetIncomeLossPerShare
|
$2.13 | USD | 3 Qtrs |
| Net income (loss) per share |
NetIncomeLossPerShare
|
- | USD | 1 Quarter |
| Net income (loss) per share |
NetIncomeLossPerShare
|
$0.33 | USD | 3 Qtrs |
| Weighted-average shares outstanding |
WeightedAverageSharesOutstanding
|
270.97M | shares | 3 Qtrs |
| Weighted-average shares outstanding |
WeightedAverageSharesOutstanding
|
285.97M | shares | 1 Quarter |
| Weighted-average shares outstanding |
WeightedAverageSharesOutstanding
|
303.50M | shares | 3 Qtrs |
| Weighted-average shares outstanding |
WeightedAverageSharesOutstanding
|
304.03M | shares | 1 Quarter |
Cash Flow Statement
36 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Proceeds from sales of silver |
ProceedsFromSalesOfSilver
|
$19.82M | USD | 3 Qtrs |
| Proceeds from sales of silver |
ProceedsFromSalesOfSilver
|
$12.72M | USD | 3 Qtrs |
| Expenses - Sponsor's fees paid |
ExpensesSponsorsFeesPaid
|
$-19.82M | USD | 3 Qtrs |
| Expenses - Sponsor's fees paid |
ExpensesSponsorsFeesPaid
|
$-12.72M | USD | 3 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
- | USD | 3 Qtrs |
| Increase (decrease) in cash |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
- | USD | 3 Qtrs |
| Increase (decrease) in cash |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
- | USD | 3 Qtrs |
| Cash, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Cash, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| 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 |
| 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
|
$99.01M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$-967.00K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$14.73M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$577.26M | USD | 3 Qtrs |
| Gain on silver distributed for the redemption of shares |
GainLossOnSilverDistributedForRedemptionOfShares
|
$19.01M | USD | 3 Qtrs |
| Gain on silver distributed for the redemption of shares |
GainLossOnSilverDistributedForRedemptionOfShares
|
$114.59M | USD | 3 Qtrs |
| Gain on silver distributed for the redemption of shares |
GainLossOnSilverDistributedForRedemptionOfShares
|
$19.62M | USD | 1 Quarter |
| Gain on silver distributed for the redemption of shares |
GainLossOnSilverDistributedForRedemptionOfShares
|
$4.39M | USD | 1 Quarter |
| Cost of silver sold to pay expenses |
CostOfSilverSoldToPayExpenses
|
$4.69M | USD | 1 Quarter |
| Cost of silver sold to pay expenses |
CostOfSilverSoldToPayExpenses
|
$15.35M | USD | 3 Qtrs |
| Cost of silver sold to pay expenses |
CostOfSilverSoldToPayExpenses
|
$12.59M | USD | 3 Qtrs |
| Cost of silver sold to pay expenses |
CostOfSilverSoldToPayExpenses
|
$5.06M | USD | 1 Quarter |
| Increase in Sponsor's fees payable |
IncreaseDecreaseInSponsorsFeesPayable
|
$945.00K | USD | 3 Qtrs |
| Increase in Sponsor's fees payable |
IncreaseDecreaseInSponsorsFeesPayable
|
$241.00K | USD | 3 Qtrs |
| Market value recovery (Note 2B) |
MarketValueRecovery
|
$571.78M | USD | 3 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
- | USD | 3 Qtrs |
| Carrying value of silver received for creation of shares |
CarryingValueOfSilverReceivedForCreationOfShares
|
$734.84M | USD | 3 Qtrs |
| Carrying value of silver received for creation of shares |
CarryingValueOfSilverReceivedForCreationOfShares
|
$1.04B | USD | 3 Qtrs |
| Carrying value of silver distributed for redemption of shares, at average cost |
CarryingValueOfSilverDistributedForRedemptionOfSharesAtAverageCost
|
$-385.07M | USD | 3 Qtrs |
| Carrying value of silver distributed for redemption of shares, at average cost |
CarryingValueOfSilverDistributedForRedemptionOfSharesAtAverageCost
|
$-267.07M | USD | 3 Qtrs |
Stockholders Equity
11 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Shareholders' equity (deficit) - beginning of period |
ShareholdersEquityDeficit
|
$-2.40B | 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
|
$99.01M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$-967.00K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$14.73M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$577.26M | USD | 3 Qtrs |
| Adjustment of redeemable capital shares to redemption value |
AdjustmentOfRedeemableCapitalSharesToRedemptionValue
|
$-1.55B | USD | Annual |
| Adjustment of redeemable capital shares to redemption value |
AdjustmentOfRedeemableCapitalSharesToRedemptionValue
|
$-1.52B | USD | 3 Qtrs |
| Shareholders' equity (deficit) - end of period |
ShareholdersEquityDeficit
|
$-2.40B | 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.