10-Q Filing

ISHARES SILVER TRUST CIK: 1330568 Q3 2011

Filing Information

Form Type	10-Q
Accession Number	`0001193125-11-302064`
Period End Date	20110930
Filing Date	20111108
Fiscal Year	2011
Fiscal Period	Q3
XBRL Instance	slv-20110930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 28 Income Statement 41 Cash Flow Statement 35 Stockholders Equity 13

Balance Sheet 28 line items

Line Item	Tag	Value	Unit	Period
Silver bullion inventory, fair value	`SilverBullionInventoryFairValue`	$10.74B	USD	Point-in-time
Silver bullion inventory, fair value	`SilverBullionInventoryFairValue`	$10.76B	USD	Point-in-time
Silver bullion inventory, fair value	`SilverBullionInventoryFairValue`	$9.79B	USD	Point-in-time
Redeemable capital shares, par value	`RedeemableCapitalSharesParValue`	-	USD	Point-in-time
Redeemable capital shares, par value	`RedeemableCapitalSharesParValue`	-	USD	Point-in-time
Silver bullion inventory (fair value of $9,785,668 and $10,755,319, respectively)	`OtherInventory`	$5.63B	USD	Point-in-time
Silver bullion inventory (fair value of $9,785,668 and $10,755,319, respectively)	`OtherInventory`	$7.45B	USD	Point-in-time
Redeemable capital shares, issued	`RedeemableCapitalSharesIssued`	359.20M	shares	Point-in-time
Redeemable capital shares, issued	`RedeemableCapitalSharesIssued`	329.95M	shares	Point-in-time
Payable for capital Shares redeemed	`PayableForCapitalSharesRedeemed`	$54.86M	USD	Point-in-time
Redeemable capital shares, outstanding	`RedeemableCapitalSharesOutstanding`	329.95M	shares	Point-in-time
Receivable for capital Shares sold	`ReceivableForCapitalSharesSold`	$17.96M	USD	Point-in-time
Redeemable capital shares, outstanding	`RedeemableCapitalSharesOutstanding`	359.20M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$7.39B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$5.65B	USD	Point-in-time
Sponsor's fees payable	`AccruedLiabilitiesCurrent`	$5.06M	USD	Point-in-time
Sponsor's fees payable	`AccruedLiabilitiesCurrent`	$4.33M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.33M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.06M	USD	Point-in-time
Commitments and contingent liabilities (Note 5)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingent liabilities (Note 5)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable capital Shares, no par value, unlimited amount authorized (at redemption value) - 329,950,000 issued and outstanding at September 30, 2011 and 359,200,000 issued and outstanding at December 31, 2010	`RedeemableCapitalShares`	$10.75B	USD	Point-in-time
Redeemable capital Shares, no par value, unlimited amount authorized (at redemption value) - 329,950,000 issued and outstanding at September 30, 2011 and 359,200,000 issued and outstanding at December 31, 2010	`RedeemableCapitalShares`	$9.78B	USD	Point-in-time
Shareholders' equity (deficit)	`ShareholdersEquityDeficit`	$-975.31M	USD	Point-in-time
Shareholders' equity (deficit)	`ShareholdersEquityDeficit`	$-5.11B	USD	Point-in-time
Shareholders' equity (deficit)	`ShareholdersEquityDeficit`	$-2.39B	USD	Point-in-time
TOTAL LIABILITIES, REDEEMABLE CAPITAL SHARES AND SHAREHOLDERS' EQUITY (DEFICIT)	`TotalLiabilitiesRedeemableCapitalSharesAndShareholdersEquityDeficit`	$7.39B	USD	Point-in-time
TOTAL LIABILITIES, REDEEMABLE CAPITAL SHARES AND SHAREHOLDERS' EQUITY (DEFICIT)	`TotalLiabilitiesRedeemableCapitalSharesAndShareholdersEquityDeficit`	$5.65B	USD	Point-in-time

Income Statement 41 line items

Line Item	Tag	Value	Unit	Period
Proceeds from sales of silver to pay expenses	`ProceedsFromSalesOfSilverToPayExpenses`	$19.82M	USD	3 Qtrs
Proceeds from sales of silver to pay expenses	`ProceedsFromSalesOfSilverToPayExpenses`	$14.98M	USD	1 Quarter
Proceeds from sales of silver to pay expenses	`ProceedsFromSalesOfSilverToPayExpenses`	$6.79M	USD	1 Quarter
Proceeds from sales of silver to pay expenses	`ProceedsFromSalesOfSilverToPayExpenses`	$44.27M	USD	3 Qtrs
Cost of silver sold to pay expenses	`CostOfSilverSoldToPayExpenses`	$8.45M	USD	1 Quarter
Cost of silver sold to pay expenses	`CostOfSilverSoldToPayExpenses`	$5.06M	USD	1 Quarter
Cost of silver sold to pay expenses	`CostOfSilverSoldToPayExpenses`	$23.36M	USD	3 Qtrs
Cost of silver sold to pay expenses	`CostOfSilverSoldToPayExpenses`	$15.35M	USD	3 Qtrs
Gain on sales of silver to pay expenses	`GainLossOnDispositionOfAssets`	$4.47M	USD	3 Qtrs
Gain on sales of silver to pay expenses	`GainLossOnDispositionOfAssets`	$20.91M	USD	3 Qtrs
Gain on sales of silver to pay expenses	`GainLossOnDispositionOfAssets`	$1.73M	USD	1 Quarter
Gain on sales of silver to pay expenses	`GainLossOnDispositionOfAssets`	$6.54M	USD	1 Quarter
Gain on silver distributed for the redemption of Shares	`GainLossOnSilverDistributedForRedemptionOfShares`	$4.39M	USD	1 Quarter
Gain on silver distributed for the redemption of Shares	`GainLossOnSilverDistributedForRedemptionOfShares`	$2.92B	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`	$486.61M	USD	1 Quarter
Total gain on sales and distributions of silver	`TotalGainLossOnSalesAndDistributionsOfSilver`	$2.94B	USD	3 Qtrs
Total gain on sales and distributions of silver	`TotalGainLossOnSalesAndDistributionsOfSilver`	$493.15M	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`	$6.12M	USD	1 Quarter
Sponsor's fees	`SponsorsFees`	$45.01M	USD	3 Qtrs
Sponsor's fees	`SponsorsFees`	$15.43M	USD	1 Quarter
Sponsor's fees	`SponsorsFees`	$7.08M	USD	1 Quarter
Sponsor's fees	`SponsorsFees`	$20.06M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$20.06M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$15.43M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$45.01M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$7.08M	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$234.42M	USD	Annual
NET INCOME (LOSS)	`NetIncomeLoss`	$477.72M	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$2.90B	USD	3 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$99.01M	USD	3 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$-967.00K	USD	1 Quarter
Net income (loss) per Share	`NetIncomeLossPerShare`	$1.48	USD	1 Quarter
Net income (loss) per Share	`NetIncomeLossPerShare`	$8.55	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`	304.03M	shares	1 Quarter
Weighted-average Shares outstanding	`WeightedAverageSharesOutstanding`	303.50M	shares	3 Qtrs
Weighted-average Shares outstanding	`WeightedAverageSharesOutstanding`	323.46M	shares	1 Quarter
Weighted-average Shares outstanding	`WeightedAverageSharesOutstanding`	339.16M	shares	3 Qtrs

Cash Flow Statement 35 line items

Line Item	Tag	Value	Unit	Period
Proceeds from sales of silver	`ProceedsFromSaleOfOtherAssets`	$44.27M	USD	3 Qtrs
Proceeds from sales of silver	`ProceedsFromSaleOfOtherAssets`	$19.82M	USD	3 Qtrs
Expenses - Sponsor's fees paid	`PaymentsForFees`	$44.27M	USD	3 Qtrs
Expenses - Sponsor's fees paid	`PaymentsForFees`	$19.82M	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`	$234.42M	USD	Annual
Net income	`NetIncomeLoss`	$477.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.90B	USD	3 Qtrs
Net income	`NetIncomeLoss`	$99.01M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$-967.00K	USD	1 Quarter
Gain on silver distributed for the redemption of Shares	`GainLossOnSilverDistributedForRedemptionOfShares`	$4.39M	USD	1 Quarter
Gain on silver distributed for the redemption of Shares	`GainLossOnSilverDistributedForRedemptionOfShares`	$2.92B	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`	$486.61M	USD	1 Quarter
Cost of silver sold to pay expenses	`CostOfSilverSoldToPayExpenses`	$8.45M	USD	1 Quarter
Cost of silver sold to pay expenses	`CostOfSilverSoldToPayExpenses`	$5.06M	USD	1 Quarter
Cost of silver sold to pay expenses	`CostOfSilverSoldToPayExpenses`	$23.36M	USD	3 Qtrs
Cost of silver sold to pay expenses	`CostOfSilverSoldToPayExpenses`	$15.35M	USD	3 Qtrs
Increase in Sponsor's fees payable	`IncreaseDecreaseInAccruedLiabilities`	$739.00K	USD	3 Qtrs
Increase in Sponsor's fees payable	`IncreaseDecreaseInAccruedLiabilities`	$241.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	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`	$4.87B	USD	3 Qtrs
Carrying value of silver distributed for redemption of Shares, at average cost	`CarryingValueOfSilverDistributedForRedemptionOfSharesAtAverageCost`	$3.10B	USD	3 Qtrs
Carrying value of silver distributed for redemption of Shares, at average cost	`CarryingValueOfSilverDistributedForRedemptionOfSharesAtAverageCost`	$385.07M	USD	3 Qtrs

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Shareholders' equity (deficit) - beginning of period	`ShareholdersEquityDeficit`	$-975.31M	USD	Point-in-time
Shareholders' equity (deficit) - beginning of period	`ShareholdersEquityDeficit`	$-5.11B	USD	Point-in-time
Shareholders' equity (deficit) - beginning of period	`ShareholdersEquityDeficit`	$-2.39B	USD	Point-in-time
Net income	`NetIncomeLoss`	$234.42M	USD	Annual
Net income	`NetIncomeLoss`	$477.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.90B	USD	3 Qtrs
Net income	`NetIncomeLoss`	$99.01M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$-967.00K	USD	1 Quarter
Adjustment of redeemable capital Shares to redemption value	`AdjustmentOfRedeemableCapitalSharesToRedemptionValue`	$186.16M	USD	3 Qtrs
Adjustment of redeemable capital Shares to redemption value	`AdjustmentOfRedeemableCapitalSharesToRedemptionValue`	$4.36B	USD	Annual
Shareholders' equity (deficit) - end of period	`ShareholdersEquityDeficit`	$-975.31M	USD	Point-in-time
Shareholders' equity (deficit) - end of period	`ShareholdersEquityDeficit`	$-5.11B	USD	Point-in-time
Shareholders' equity (deficit) - end of period	`ShareholdersEquityDeficit`	$-2.39B	USD	Point-in-time

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