10-K Filing

ISHARES SILVER TRUST CIK: 1330568 FY 2011

Filing Information

Form Type	10-K
Accession Number	`0001193125-12-088514`
Period End Date	20111231
Filing Date	20120229
Fiscal Year	2011
Fiscal Period	FY
XBRL Instance	slv-20111231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 33 Income Statement 30 Cash Flow Statement 41 Stockholders Equity 14

Balance Sheet 33 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`	$2.36B	USD	Point-in-time
Silver bullion inventory, fair value	`SilverBullionInventoryFairValue`	$8.70B	USD	Point-in-time
Silver bullion inventory, fair value	`SilverBullionInventoryFairValue`	$10.76B	USD	Point-in-time
Silver bullion inventory (fair value of $8,702,922 and $10,755,319, respectively)	`OtherInventory`	$5.63B	USD	Point-in-time
Redeemable capital shares, par value	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Redeemable capital shares, par value	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Silver bullion inventory (fair value of $8,702,922 and $10,755,319, respectively)	`OtherInventory`	$7.19B	USD	Point-in-time
Redeemable capital shares, issued	`TemporaryEquitySharesIssued`	359.20M	shares	Point-in-time
Receivable for capital Shares sold	`ReceivableForCapitalSharesSold`	$17.96M	USD	Point-in-time
Redeemable capital shares, issued	`TemporaryEquitySharesIssued`	317.50M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$5.65B	USD	Point-in-time
Redeemable capital shares, outstanding	`TemporaryEquitySharesOutstanding`	221.25M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$7.19B	USD	Point-in-time
Redeemable capital shares, outstanding	`TemporaryEquitySharesOutstanding`	310.70M	shares	Point-in-time
Redeemable capital shares, outstanding	`TemporaryEquitySharesOutstanding`	359.20M	shares	Point-in-time
Redeemable capital shares, outstanding	`TemporaryEquitySharesOutstanding`	317.50M	shares	Point-in-time
Sponsor's fees payable	`AccruedLiabilitiesCurrent`	$4.04M	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`	$4.04M	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) - 317,500,000 issued and outstanding at December 31, 2011 and 359,200,000 issued and outstanding at December 31, 2010	`TemporaryEquityRedemptionValue`	$8.70B	USD	Point-in-time
Redeemable capital Shares, no par value, unlimited amount authorized (at redemption value) - 317,500,000 issued and outstanding at December 31, 2011 and 359,200,000 issued and outstanding at December 31, 2010	`TemporaryEquityRedemptionValue`	$10.75B	USD	Point-in-time
Redeemable capital Shares, no par value, unlimited amount authorized (at redemption value) - 317,500,000 issued and outstanding at December 31, 2011 and 359,200,000 issued and outstanding at December 31, 2010	`TemporaryEquityRedemptionValue`	$2.36B	USD	Point-in-time
Redeemable capital Shares, no par value, unlimited amount authorized (at redemption value) - 317,500,000 issued and outstanding at December 31, 2011 and 359,200,000 issued and outstanding at December 31, 2010	`TemporaryEquityRedemptionValue`	$5.18B	USD	Point-in-time
Shareholders' equity (deficit)	`ShareholdersEquityDeficit`	$-5.11B	USD	Point-in-time
Shareholders' equity (deficit)	`ShareholdersEquityDeficit`	$-975.31M	USD	Point-in-time
Shareholders' equity (deficit)	`ShareholdersEquityDeficit`	$571.78M	USD	Point-in-time
Shareholders' equity (deficit)	`ShareholdersEquityDeficit`	$-1.51B	USD	Point-in-time
TOTAL LIABILITIES, REDEEMABLE CAPITAL SHARES AND SHAREHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$5.65B	USD	Point-in-time
TOTAL LIABILITIES, REDEEMABLE CAPITAL SHARES AND SHAREHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$7.19B	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Proceeds from sales of silver to pay expenses	`ProceedsFromSalesOfSilverToPayExpenses`	$57.90M	USD	Annual
Proceeds from sales of silver to pay expenses	`ProceedsFromSalesOfSilverToPayExpenses`	$29.26M	USD	Annual
Proceeds from sales of silver to pay expenses	`ProceedsFromSalesOfSilverToPayExpenses`	$18.72M	USD	Annual
Cost of silver sold to pay expenses	`CostOfSilverSoldToPayExpenses`	$20.95M	USD	Annual
Cost of silver sold to pay expenses	`CostOfSilverSoldToPayExpenses`	$33.10M	USD	Annual
Cost of silver sold to pay expenses	`CostOfSilverSoldToPayExpenses`	$17.30M	USD	Annual
Gain on sales of silver to pay expenses	`GainLossOnDispositionOfAssets`	$8.30M	USD	Annual
Gain on sales of silver to pay expenses	`GainLossOnDispositionOfAssets`	$24.80M	USD	Annual
Gain on sales of silver to pay expenses	`GainLossOnDispositionOfAssets`	$1.42M	USD	Annual
Gain on silver distributed for the redemption of Shares	`GainLossOnSilverDistributedForRedemptionOfShares`	$257.40M	USD	Annual
Gain on silver distributed for the redemption of Shares	`GainLossOnSilverDistributedForRedemptionOfShares`	$21.39M	USD	Annual
Gain on silver distributed for the redemption of Shares	`GainLossOnSilverDistributedForRedemptionOfShares`	$3.10B	USD	Annual
Total gain on sales and distributions of silver	`TotalGainLossOnSalesAndDistributionsOfSilver`	$3.13B	USD	Annual
Total gain on sales and distributions of silver	`TotalGainLossOnSalesAndDistributionsOfSilver`	$265.71M	USD	Annual
Total gain on sales and distributions of silver	`TotalGainLossOnSalesAndDistributionsOfSilver`	$22.82M	USD	Annual
Sponsor's fees	`SponsorsFees`	$31.29M	USD	Annual
Sponsor's fees	`SponsorsFees`	$20.08M	USD	Annual
Sponsor's fees	`SponsorsFees`	$57.62M	USD	Annual
Total expenses	`OperatingExpenses`	$31.29M	USD	Annual
Total expenses	`OperatingExpenses`	$20.08M	USD	Annual
Total expenses	`OperatingExpenses`	$57.62M	USD	Annual
NET INCOME	`NetIncomeLoss`	$2.74M	USD	Annual
NET INCOME	`NetIncomeLoss`	$3.07B	USD	Annual
NET INCOME	`NetIncomeLoss`	$234.42M	USD	Annual
Net income per Share	`NetIncomeLossPerShare`	$0.75	USD	Annual
Net income per Share	`NetIncomeLossPerShare`	$9.16	USD	Annual
Net income per Share	`NetIncomeLossPerShare`	$0.01	USD	Annual
Weighted-average Shares outstanding	`WeightedAverageSharesOutstanding`	314.37M	shares	Annual
Weighted-average Shares outstanding	`WeightedAverageSharesOutstanding`	277.27M	shares	Annual
Weighted-average Shares outstanding	`WeightedAverageSharesOutstanding`	335.01M	shares	Annual

Cash Flow Statement 41 line items

Line Item	Tag	Value	Unit	Period
Proceeds from sales of silver	`ProceedsFromSaleOfOtherAssets`	$57.90M	USD	Annual
Proceeds from sales of silver	`ProceedsFromSaleOfOtherAssets`	$18.72M	USD	Annual
Proceeds from sales of silver	`ProceedsFromSaleOfOtherAssets`	$29.26M	USD	Annual
Expenses - Sponsor's fees paid	`PaymentsForFees`	$29.26M	USD	Annual
Expenses - Sponsor's fees paid	`PaymentsForFees`	$18.72M	USD	Annual
Expenses - Sponsor's fees paid	`PaymentsForFees`	$57.90M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	Annual
Increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	Annual
Increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	Annual
Increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	Annual
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`	$2.74M	USD	Annual
Net income	`NetIncomeLoss`	$3.07B	USD	Annual
Net income	`NetIncomeLoss`	$234.42M	USD	Annual
Gain on silver distributed for the redemption of Shares	`GainLossOnSilverDistributedForRedemptionOfShares`	$257.40M	USD	Annual
Gain on silver distributed for the redemption of Shares	`GainLossOnSilverDistributedForRedemptionOfShares`	$21.39M	USD	Annual
Gain on silver distributed for the redemption of Shares	`GainLossOnSilverDistributedForRedemptionOfShares`	$3.10B	USD	Annual
Cost of silver sold to pay expenses	`CostOfSilverSoldToPayExpenses`	$20.95M	USD	Annual
Cost of silver sold to pay expenses	`CostOfSilverSoldToPayExpenses`	$33.10M	USD	Annual
Cost of silver sold to pay expenses	`CostOfSilverSoldToPayExpenses`	$17.30M	USD	Annual
Increase (decrease) in Sponsor's fees payable	`IncreaseDecreaseInAccruedLiabilities`	$2.03M	USD	Annual
Increase (decrease) in Sponsor's fees payable	`IncreaseDecreaseInAccruedLiabilities`	$-283.00K	USD	Annual
Increase (decrease) in Sponsor's fees payable	`IncreaseDecreaseInAccruedLiabilities`	$1.36M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	Annual
Carrying value of silver received for creation of Shares	`CarryingValueOfSilverReceivedForCreationOfShares`	$1.58B	USD	Annual
Carrying value of silver received for creation of Shares	`CarryingValueOfSilverReceivedForCreationOfShares`	$2.04B	USD	Annual
Carrying value of silver received for creation of Shares	`CarryingValueOfSilverReceivedForCreationOfShares`	$5.18B	USD	Annual
Carrying value of silver distributed for redemption of Shares, at average cost	`CarryingValueOfSilverDistributedForRedemptionOfSharesAtAverageCost`	$579.56M	USD	Annual
Carrying value of silver distributed for redemption of Shares, at average cost	`CarryingValueOfSilverDistributedForRedemptionOfSharesAtAverageCost`	$3.60B	USD	Annual
Carrying value of silver distributed for redemption of Shares, at average cost	`CarryingValueOfSilverDistributedForRedemptionOfSharesAtAverageCost`	$276.55M	USD	Annual

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Shareholders' equity (deficit) - beginning of period	`ShareholdersEquityDeficit`	$-5.11B	USD	Point-in-time
Shareholders' equity (deficit) - beginning of period	`ShareholdersEquityDeficit`	$-975.31M	USD	Point-in-time
Shareholders' equity (deficit) - beginning of period	`ShareholdersEquityDeficit`	$571.78M	USD	Point-in-time
Shareholders' equity (deficit) - beginning of period	`ShareholdersEquityDeficit`	$-1.51B	USD	Point-in-time
Net income	`NetIncomeLoss`	$2.74M	USD	Annual
Net income	`NetIncomeLoss`	$3.07B	USD	Annual
Net income	`NetIncomeLoss`	$234.42M	USD	Annual
Adjustment of redeemable capital Shares to redemption value	`TemporaryEquityIssuePeriodIncreaseOrDecrease`	$-523.63M	USD	Annual
Adjustment of redeemable capital Shares to redemption value	`TemporaryEquityIssuePeriodIncreaseOrDecrease`	$1.55B	USD	Annual
Adjustment of redeemable capital Shares to redemption value	`TemporaryEquityIssuePeriodIncreaseOrDecrease`	$4.36B	USD	Annual
Shareholders' equity (deficit) - end of period	`ShareholdersEquityDeficit`	$-5.11B	USD	Point-in-time
Shareholders' equity (deficit) - end of period	`ShareholdersEquityDeficit`	$-975.31M	USD	Point-in-time
Shareholders' equity (deficit) - end of period	`ShareholdersEquityDeficit`	$571.78M	USD	Point-in-time
Shareholders' equity (deficit) - end of period	`ShareholdersEquityDeficit`	$-1.51B	USD	Point-in-time

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